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3:45 PM ET, June 13, 2023

Mediagazer

 Top News: 
Alexa Corse / Wall Street Journal:
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source”  —  Linda Yaccarino, who joined company last week, describes her mission to employees
Mark Savage / BBC:
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023  —  Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.
New York Times:
Eat, Pray, Love author Elizabeth Gilbert indefinitely delays her new book set in 1930s Russia after a backlash from Ukrainian readers, prompting mixed reactions  —  Elizabeth Gilbert delayed her new novel indefinitely after an online backlash condemned the book's publication while Russia is at war with Ukraine.
Sara Fischer / Axios:
Madhive, which licenses its software to local TV companies so they can sell connected TV ads, raised $300M from Goldman Sachs at a $1B valuation  —  Ad tech startup Madhive has raised $300 million from Goldman Sachs, in a deal that values the company at nearly $1 billion, Axios has learned.
Marianna Spring / BBC:
A look at UK conspiracy theory newspaper The Light, which prints 100K+ copies per month and has links with the British far-right and a German conspiracy outlet  —  A UK conspiracy theory newspaper sharing calls for trials and executions of politicians and doctors has links with the British far-right …
Washington Post:
A profile of The Washington Post's interim CEO Patty Stonesifer, a former Microsoft executive who has never led a news company and insists her role is temporary  —  Stonesifer ran the Gates Foundation for many years after several successful years at Microsoft.
Lucas Shaw / Bloomberg:
Pat Sajak, the host of Wheel of Fortune for 40 years, plans to retire in 2024 after the game show's 41st season which begins in September  —  Pat Sajak, who has hosted the hit game show Wheel of Fortune since Ronald Reagan was president, will retire next year.
Casey Newton / Platformer:
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company  —  As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it  —  I.
Justin Baragona / @justinbaragona:
Source: the latest Fox News layoffs total less than 3% of the workforce, affecting a double-digit number of employees; SVP Amy Sohnen is leaving this month  —  New from me in tonight's Confider: Fox News has quietly been laying off veteran journalists and longtime staffers in recent months, totaling about 3% of its workforce. This includes Miami-based correspondent Phil Keating, who was let go earlier this year. [image]
Discussion: @reedgalen
Wall Street Journal:
Sources: Netflix is in talks to livestream its first sporting event, a golf tournament with Full Swing professional golfers and Formula One drivers, this fall  —  Tournament would feature celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’
Allison Schiff / AdExchanger:
Rembrand, which uses generative AI to insert products into creators' videos, raised an $8M seed, with participation from L'Oreal  —  Product placement is one of the oldest marketing techniques in the book.  —  Brands negotiate for years to get their products a mention in a movie script …
Discussion: PRWeb
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
Netflix plans to launch a pop-up restaurant in LA on June 30 with food from chefs featured in various Netflix shows
Haroon Siddique / The Guardian:
A UK bill will define SLAPP lawsuits for the first time in UK law, give judges power for early dismissal of such cases, and put the onus on complainants
Ivan Mehta / TechCrunch:
YouTube lowers subscriber and watch hour requirements to monetize under the YouTube Partner Program; creators now only need 500 subscribers, down from 1,000
 Earlier Picks: 
Avram Piltch / Tom's Hardware:
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word
Joe Killian / NC Newsline:
The Ida B. Wells Society canceled its 2023 summer programs for young journalists, after the UNC-Chapel Hill lagged in moving the society's funds to its new home
Jeremy Barr / Washington Post:
A look at the structural and management challenges facing the next CEO of CNN, including slumping ratings and micromanagement by WBD CEO David Zaslav
Max Read / New York Times:
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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