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3:05 PM ET, May 23, 2023

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 Top News: 
NBC News:
Sources: Florida Gov. Ron DeSantis plans to launch his presidential bid on Twitter Spaces on May 24, in a conversation with Elon Musk moderated by David Sacks  —  The Florida governor will announce he is running for president on Twitter Wednesday evening in a conversation with Musk.
Zack Beauchamp / Vox:
The uproar after right-wing outlet Daily Signal accused Fox of being pro-trans due to state workplace rules signals ongoing backlash after Tucker Carlson's exit  —  A conservative outlet is attacking Fox for being too respectful of trans employees.  It's a sign of the times on the right.
Benjamin Mullin / New York Times:
BuzzFeed debuts Botatouille, a free chatbot that suggests recipes from its food brand Tasty, and plans to offer AI-personalized services to sell subscriptions  —  Jonah Peretti, the company's chief executive, has embraced artificial intelligence more than most publishers.
Aisha Malik / TechCrunch:
Google says it will use generative AI to boost Search ads' relevance based on query context and debuts a conversational experience for creating ad campaigns  —  Google is going to start using generative AI to boost Search ads relevance based on the context of a query, the company announced at its Google Marketing Live event today.
RELATED:
Sara Fischer / Axios:
The Daily Wire plans to put all of its podcasts on Twitter beginning May 30, after YouTube demonetized videos from Daily Wire host Matt Walsh in April 2023  —  The Daily Wire, a conservative media and entertainment company, plans to put its entire slate of podcasts, which are almost all recorded as videos …
Bill Donahue / Billboard:
A US judge rules that a case claiming YouTube enables piracy by restricting access to copyright tools to record labels may not proceed as a class action  —  The case claimed that YouTube offers tools like Content ID to record labels but refuses to allow “ordinary” copyright owners to use them.
Yuvraj Malik / Reuters:
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA ordered Meta to divest the deal in 2022; Meta reportedly paid $400M for Giphy  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
Ann M. Simmons / Wall Street Journal:
A Russian court extends Evan Gershkovich's pre-trial detention until at least August 30, according to state news agency TASS  —  WSJ reporter is deemed by the U.S. to be wrongfully held  —  A Russian court extended until at least Aug. 30 the pretrial detention of Evan Gershkovich …
Kristin Robinson / Billboard:
SoundCloud CEO sends staff an email announcing layoffs affecting 8% of staff in order to help the company turn a profit for the first time in its history  —  The layoffs were announced during an all hands meeting by CEO Eliah Seton.  —  SoundCloud leaders told staff on Tuesday (May 23) …
The Nib:
The Nib, a 10-year-old political cartoon outlet, is shutting down in August, having published more than 6K comics and paid out over $2M to creators  —  I'm afraid I have some bad news.  After ten years of publishing, The Nib is going to close down this summer.  The new issue of our magazine, the Future issue, will be our last.
Sarah Perez / TechCrunch:
Flipboard rolls out support for integrating accounts from decentralized social networks Bluesky and Pixelfed, after adding support for Mastodon in February 2023  —  Social magazine app Flipboard is continuing its investment in the federated social web with today's news that it's integrating …
 
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 More News: 
Kerry Flynn / Axios:
San Francisco-based boombox.io, a service that lets music producers store and manage audio files and create contracts for song ownership, raised a $7M seed
Discussion: Yahoo Finance
Etan Vlessing / The Hollywood Reporter:
Comcast unveils plans for Now TV, a $20/month streaming package that includes 40+ live channels, 20 FAST channels, and a subscription to Peacock Premium
Lucas Shaw / Bloomberg:
As music revenue slows, record labels may force Spotify, which has never changed its US base plan's price, to follow Apple, Amazon, and others in raising prices
 Earlier Picks: 
Todd Spangler / Variety:
Max introduces a higher-priced tier: Ultimate Ad-Free for $20/month, offering four concurrent streams, 100 offline downloads, and 1,000+ 4K UHD films and shows
Benjamin Weiser / New York Times:
Filing: E. Jean Carroll asks to amend her 2019 defamation lawsuit against Donald Trump, seeking a “very substantial” amount for his comments at CNN's town hall
Peter White / Deadline:
Paramount plans to launch its Paramount+ with Showtime service in the US on June 27 for $11.99 per month; Paramount+ without Showtime will cost $5.99 per month
Bobby Allyn / NPR:
TikTok sues Montana over its new law intending to ban the app, citing the First Amendment, the state's lack of authority on national security issues, and more
Chloe Xiang / VICE:
Some blue-check Twitter accounts, one pretending to be Bloomberg, spread an AI-generated image of an explosion at the Pentagon; the stock market briefly dipped