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5:10 PM ET, August 22, 2023

Mediagazer

 Top News: 
Kylie Robison / Fortune:
Elon Musk says that X plans to remove preview headlines from posts linking to articles, so that the previews show only the article's lead image and the URL  —  X, the social media platform previously known as Twitter, is planning a major change in how news articles appear on the service …
Katie Robertson / New York Times:
Four Motherboard alumni, including ex-EIC Jason Koebler, launch tech publication 404 Media to cover hacking and more; subscriptions are $10/month or $100/year  —  They are joining a recent boom of publications owned and operated by the reporters and editors themselves.
Charlie Warzel / The Atlantic:
Whether Wirecutter has deteriorated is difficult to determine given the rise of copycats, changes to the internet since 2011, and falling trust in institutions  —  Longtime fans have turned on the product-recommendation website.  An evolving internet may be to blame.
Jay Peters / The Verge:
Meta is rolling out a Threads web app over the next few days that will let users post, interact with other posts, and look at the feed  —  Meta is finally launching a much more capable web app for Threads, the company announced on Tuesday.  You'll be able to post, interact with other posts …
Klaus Lauer / Reuters:
Axel Springer settles with Julian Reichelt, the former Bild EIC it had sued for sharing internal data with newspaper Berliner Zeitung  —  German publishing magnate Axel Springer has agreed to an out-of-court settlement in a civil lawsuit against Julian Reichelt, the former editor-in-chief …
Discussion: Financial Times
Sara Fischer / Axios:
Prominent media execs and others raise ~$3M to launch the Center for News, Technology & Innovation, which focuses an open internet and independent press  —  A group of prominent media, tech and research executives have raised nearly $3 million to launch an independent policy research center focused …
Wall Street Journal:
Sources: Tucker Carlson plans to post an ad-free interview with Donald Trump on X during Wednesday's GOP debate, which Trump plans to skip, citing poll numbers  —  The former Fox News host plans to stream pretaped conversation with the former president on X during Wednesday's Republican presidential debate.
Brody Ford / Bloomberg:
IBM plans to sell its weather business, including Weather.com and business-oriented offerings, to private equity firm Francisco Partners for an undisclosed sum  —  IBM's consumer-facing weather services such as Weather.com and business-oriented offerings will be acquired …
Sarah Perez / TechCrunch:
TikTok launches ads in search results, a product called “Search Ads Toggle”; brands can add “Negative Keywords” so their ads don't appear next to some queries  —  TikTok announced today it's adding a new place for advertisers to reach its audience: within the search results page.
Alex Cooper / Advocate:
Wellness company For Them acquires queer online magazine Autostraddle in an all-equity deal  —  Iconic queer online magazine Autostraddle has been acquired by wellness company For Them, the companies announced Tuesday.  The site will now become Autostraddle by For Them.
Discussion: Axios, Ad Age and Autostraddle
 
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 More News: 
Kerry Flynn / Axios:
Mather Economics buys AI tool Sophi, which recommends when publishers should show readers a paywall, from The Globe and Mail; Sophi works with 100 newsrooms
Australian Financial Review:
A profile of Sky News Australia CEO Paul Whittaker, who critics say turned the broadcaster into an antipodean Fox News, as Sky News expands its YouTube push
Lacey Rose / The Hollywood Reporter:
Bill Simmons, Ben Shapiro, Kara Swisher, and other podcast hosts, executives, and agents on how the industry has changed, not reaching “peak podcast”, and more
Discussion: @thr, more at Techmeme »
Lachlan Cartwright / The Daily Beast:
Jezebel EIC Laura Bassett resigns, becoming the seventh EIC to quit G/O Media in eight months; sources detail harsh working conditions under CEO Jim Spanfeller
 Earlier Picks: 
Catherine Thorbecke / CNN:
Justin Trudeau criticizes Meta for “putting corporate profits ahead of people's safety” as the company continues blocking news content during Canadian wildfires
Miles Kruppa / Wall Street Journal:
YouTube and Universal Music Group partner to explore new products, using music in AI tools, and paying artists whose work is used to make AI-generated content