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8:10 AM ET, August 1, 2023

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 Top News: 
Emma Roth / The Verge:
The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and plans to try out the server for six months  —  The BBC has launched its own “experimental” Mastodon server, marking one of the first major news outlets to establish an instance on the Twitter alternative.
New York Times:
Twitter/X files a lawsuit against Center for Countering Digital Hate, accusing the nonprofit and its backers of “actively working to prevent free expression”  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …
Christopher Grimes / Financial Times:
Sources: Disney hired Kevin Mayer and Tom Staggs, two ex-executives seen as potential successors to Bob Iger during his first stint as CEO, as advisers to Iger  —  Disney has hired two former executives who were seen as potential successors to Bob Iger during his first stint as the company's chief executive …
Sam Schechner / Wall Street Journal:
Sources: under pressure from the EU, Meta offers to seek user consent in Europe for targeted ads based on users' digital activity as soon as October 2023  —  Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity
more at Techmeme »
Yadarisa Shabong / Reuters:
Cineworld says it has emerged from Chapter 11 bankruptcy after cutting debt by $4.53B, raising $800M in new equity, and securing $1.71B in debt financing  —  Cineworld Group (CINE.L) said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board.
Ray Schultz / MediaPost:
DoubleVerify, which offers software for digital media measurement and analytics, agrees to acquire digital ad campaign optimization company Scibids for $125M  —  DoubleVerify is acquiring Scibids, a digital campaign optimization firm.  —  The cash-and-stock transaction is valued at $125 million …
 
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 More News: 
Max Tani / Semafor:
The campaign for the US presidency is playing out across an unprecedented, fragmented new media landscape, confusing voters and political observers alike
Feven Merid / Columbia Journalism Review:
Q&A with Media 2070's director Collette Watson on shifting cultural conditions three years after its launch, advocating for media reparations, and more
Adam Chitwood / The Wrap:
SAG-AFTRA defends its “interim agreement” approach that lets indie productions proceed, as some actors push back, saying the agreement would prolong the strike
Deadline:
A look at potential mediators in the Hollywood strikes: CA Gov. Gavin Newsom, considered the main choice, LA Mayor Karen Bass, and Second Gentleman Doug Emhoff
 Earlier Picks: 
Jessica Lucas / HuffPost:
Despite TikTok prohibiting branded content promoting alcohol, some creators say they're sponsored by alcohol brands, and they drink excessively to promote them
Alissa Quart / Columbia Journalism Review:
A look at the “journalism of privilege” in real estate and food, which can at times replace reporting on ordinary people's experiences of essential human needs
Financial Times:
Maoyan: cinemas in China increased showings of Barbie from 9,673 on July 21 to ~36,000 on July 27, in a market dominated by patriotic and male-led action films
Rebecca Elliott / Wall Street Journal:
Twitter/X reinstates Kanye West's account, suspended in December 2022, and says he won't be eligible to monetize it, and ads won't appear next to his posts
 

 
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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