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11:50 AM ET, July 20, 2023

Mediagazer

 Top News: 
Lisa Richwine / Reuters:
Netflix reports Q2 revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subs, and a Q3 forecast below est.; NFLX down 8%+  —  Netflix Inc (NFLX.O) handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown …
RELATED:
Manish Singh / TechCrunch:
Netflix brings its password-sharing crackdown to India and other markets and says an “extra member” option won't be offered in places with its new restrictions
Or Goren / Cord Busters:
Netflix removes its most affordable $10/month ad-free Basic tier in the US and UK, charging new and rejoining members £10.99/month or $15.49/month for no ads
New York Times:
Sources: Google tests an AI tool to produce news stories, pitching the service to the NYT, WaPo, News Corp, and other outlets as a helpmate for journalists  —  The product, pitched as a helpmate for journalists, has been demonstrated for executives at The New York Times, The Washington Post and News Corp …
Max Tani / Semafor:
Sources: Showtime pulled a Vice documentary episode that featured Ron DeSantis' time as a US Navy lawyer at Guantanamo over fears of political consequences  —  The Scoop  —  Showtime slated “The Guantanamo Candidate,” a 30 minute-long episode of its Vice documentary series, for May 28.
Katie Robertson / New York Times:
After scrutiny by campus newspapers, Stanford's president resigns and Northwestern fired its football coach, spotlighting the key role of student journalists  —  The president of Stanford and the head football coach at Northwestern left their positions after being scrutinized in campus newspapers.
Patrick Frater / Variety:
Media Partners Asia: South Korean premium VOD content captured 50% of SVOD viewership and 42% of freemium viewership across East Asia from January to June 2023  —  Korean TV series and films are increasing still further their hold on streaming audiences across East Asia.
Discussion: WORLD SCREEN and Deadline
Calum Jaspan / Sydney Morning Herald:
Australia launches a review to examine the funding terms of ABC and SBS and look at governance at the two broadcasters, including their boards' composition  —  The federal government has kicked off a review that will examine funding terms for the ABC and SBS and look at governance at the two broadcasters …
Discussion: The Guardian
Jess Weatherbed / The Verge:
Google plans to begin gradually enabling Privacy Sandbox APIs for Chrome developers on July 24 after releasing Chrome 115, a milestone in phasing out cookies  —  The first phase of Google's long-standing plan to kill third-party cookies in Chrome is nearly complete.
Haje Jan Kamps / TechCrunch:
A look at scammers on Fiverr claiming to sell TechCrunch articles, some of whom create fake websites as “proof” and appear to be part of an organized crime  —  I spent $800 to try to get a scammer to post an article on TechCrunch for me  —  A few times per day …
Hibaq Farah / The Guardian:
Ofcom survey: TikTok is the top news source for 12- to 15-year-olds in the UK, followed by YouTube and Instagram; 16- to 24-year-olds prefer Instagram for news  —  Algorithm-driven viral video app overtakes YouTube and Instagram as most used single source of news for young teenagers
 
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 More News: 
Georg Szalai / Hollywood Reporter:
TelevisaUnivision reports Q2 revenue up 11% YoY to $1.2B, including 10% ad growth, after announcing in May that its free Vix streaming service passed 30M MAUs
Discussion: TelevisaUnivision
Glenn Guilbeau / OutKick:
The Atlanta Journal-Constitution fires Alan Judd after “errors that fell short of our standards” in a story on sex abuse claims against the UGA's football team
 Earlier Picks: 
Bloomberg:
Researchers say hate speech and misinformation on Twitter are up; CEO Linda Yaccarino says that's “incorrect” and touts improvements, like ad placement controls
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

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
 
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