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2:40 PM ET, June 29, 2023

Mediagazer

 Top News: 
Kent Walker / Google:
Google tells Canada's government it will remove Canadian news links from Search, News, and Discover and close Google News Showcase when Bill C-18 takes effect  —  President of Global Affairs, Google & Alphabet … The Government of Canada has enacted a new law called Bill C-18 …
Patrick McGee / Financial Times:
Advertisers demand significant refunds from YouTube after an Adalytics report found millions of ads served via YouTube's TrueView system are hidden from users  —  Study shows millions of ads are hidden away in violation of Google-owned group's policies  —  Advertising industry figures …
New York Times:
A look at Linda Yaccarino's first weeks at Twitter; sources say her work has been hindered by NBCU's noncompete clause, which prevents ad deal negotiations  —  Linda Yaccarino, who initially could not take ad sales meetings because of a noncompete clause, is adjusting to her new role reporting to Elon Musk.
RELATED:
Hannah Murphy / Financial Times:
Sources: Linda Yaccarino plans to add full-screen, sound-on video ads to Twitter's short-video feed and is wooing celebrities in the hopes of selling more ads  —  CEO hits ground running with plans for new advertisement offering while telling staff to ready for ‘hand-to-hand combat’
Alexandra Bruell / Wall Street Journal:
Sources: several news and magazine publishers, including The NYT, News Corp, IAC, and Axel Springer, are discussing forming a coalition to address AI's impact  —  New York Times, Wall Street Journal parent News Corp and Dotdash Meredith owner IAC are among companies discussing forming a coalition
Rocio Fabbro / The Messenger:
Staff writers at Disney's National Geographic say the outlet is laying off all remaining writers and will rely on freelancers and people with outside funding  —  Several staff writers announced their layoffs over Twitter  —  A Facebook icon representing an external link to share the article …
Jules Roscoe / VICE:
Amazon's Kindle Unlimited YA romance bestseller list featured dozens of AI-generated books of nonsense on June 26 and 27, until Amazon took action on June 28  —  Amazon's Kindle Unlimited bestseller list was full of books with titles like “Apricot bar code architecture” and “Jessica's Attention” earlier this week.
Max Kim / Los Angeles Times:
South Koreans are increasingly questioning how Netflix pays them; writers generally get no residuals and production workers cite exploitative labor practices  —  In 2019, South Korean writer and director Hwang Dong-hyuk pitched Netflix a script for a dystopian thriller about society's outcasts competing …
Jay Peters / The Verge:
Streaming company Plex laid off 37 people on Monday, representing over 20% of staff, citing the impact of the global ad market downturn  —  Plex laid off 37 people on Monday, a figure that represents more than 20 percent of the company's staff, according to a Slack message from CEO Keith Valory obtained by The Verge.
Clara Aberneithie / Press Gazette:
Data shows the Titan sub generated a peak of 35K articles on June 22 while the sinking of a fishing boat packed with migrants peaked at 5K articles per day  —  The disparity in coverage prompted a debate around news values.  —  Two maritime disasters in the space of a few days garnered …
 
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 More News: 
Reuters:
DAZN urges Italy to speed up plans for tougher rules on online TV piracy for sports content, citing a FAPAV report that put the cost of piracy at €290M per year
Bron Maher / Press Gazette:
An interview with The Philadelphia Inquirer CTO Matt Boggie about refreshing the paper's print infrastructure, deriving significant revenue from print, and more
 Earlier Picks: 
Mia Galuppo / Hollywood Reporter:
Memo: the Sundance Institute lays off 11 people, or ~6% of its staff, as it juggles inflation, a drop in earned revenue, and a “challenging fundraising climate”
Discussion: The Wrap, Deadline and IndieWire
PennLive:
Advance Local plans to launch Lone Star Live in Texas in August, covering news, sports, and culture and partnering with sports betting company Sidelines Group
Jennifer Maas / Variety:
Turner Classic Movies executive Charles Tabesh, a 25-year veteran of the network, will remain in his post, a reversal after backlash to WBD downsizing
Joe Pompeo / Vanity Fair:
A look at Substack in the wake of the pandemic's “rocket ship growth”, given fresh competition from WordPress, Beehiiv, and Ghost, the Twitter feud, and more
 

 
From Techmeme:

Samantha Subin / CNBC:
The Nasdaq closes down 4%, with Meta down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4%, as the White House says Trump's tariffs on China now total 145%

Cristina Criddle / Financial Times:
Sources: OpenAI recently gave staff and third-party groups just days, vs. several months previously, to evaluate risks and performance of its latest models

Maxwell Zeff / TechCrunch:
OpenAI rolls out a ChatGPT memory feature that references past chats for answers, starting with ChatGPT Pro and Plus subscribers, but not in the UK and the EEA

 
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