Top News:
Ashley Carman / Bloomberg:
Memo: Amazon is shutting down Amp, its live audio streaming app launched in March 2022 that let users act like DJs by playing music and talking alongside songs — The service launched in March 2022 following a frenzy around live-audio services during the pandemic.
Discussion:
@ashleyrcarman, @bradydale and NBC 7 San Diego, more at Techmeme »
Anna Nemtsova / The Daily Beast:
The family of award-winning Ukrainian journalist Victoria Roshchyna says she has been missing since August 3, when she returned to Russian-occupied territory — Victoria Roshchyna has been missing since Aug. 3. Her father told The Daily Beast that her family is desperate to find out where she is.
Discussion:
Byline Times, New York Post, @jalefkowit@octodon.social, @stommedia, @milxind and @pierrecrom
Georg Szalai / The Hollywood Reporter:
Wall Street and music industry analysts generally see Spotify's move into audiobooks as a good opportunity for the company to increase profit margins — An Evercore ISI analyst expects the effort to be a higher margin business than its music offerings, while a Morgan Stanley expert highlighted …
Kyle Wiggers / TechCrunch:
Yahoo plans to spin off Vespa, its open-source big data serving tool that powers the company's search, recommendations, and ad tech, into an independent venture — Yahoo, otherwise known as the company that pays my salary (full disclosure: Yahoo owns TC), today announced that it's spinning off Vespa …
Discussion:
@thisguyoftheai, MediaPost, Business Wire and Beet.TV, more at Techmeme »
Hamilton Nolan / How Things Work:
Cable news networks continue to hire politicians' relatives and former White House flacks as news anchors, breaking the most basic rules of ethical journalism — It's kind of impressive how long cable news has been openly corrupt. — When you work in the parts of the media where I have spent …
Chris Roush / Talking Biz News:
Fortune CEO and former EIC Alan Murray plans to step down at the end of April 2024; he became CEO in December 2018, after Chatchaval Jiaravanon acquired Fortune — Alan Murray, the chief executive officer of Fortune and its former editor in chief, is stepping down in six months.
Discussion:
@davidclinchnews and Fortune
Ian Youngs / BBC:
GB News fires hosts Laurence Fox and Calvin Robinson after concluding its internal investigations, and says its “investigation into Dan Wootton continues” — Laurence Fox has been sacked by GB News after an outcry about comments he made on air about a female journalist.
Sarah Perez / TechCrunch:
Meta rolls out generative AI features for advertisers, including to create backgrounds, expand images, and write versions of ad text based on the original copy — Meta announced today it's rolling out its first generative AI features for advertisers, allowing them to use AI to create backgrounds …
Discussion:
Facebook, @kvnbbg, Search Engine Land, @blyons151, @thisguyoftheai, Bloomberg, AdExchanger and The Verge, more at Techmeme »
Sarah Scire / Nieman Lab:
The Messenger hires AI company Seekr to flag clickbait, bias, and more; reporters can get a score reflecting their political lean that is visible to readers — What counts as clickbait? Merriam-Webster's definition is “something (such as a headline) designed to make readers want to click …
Charlotte Tobitt / Press Gazette:
News UK and DMG Media propose a joint venture to combine their printing operations for a more sustainable business model, which the UK CMA would need to clear — The companies believe the plan could help ensure a “long-term sustainable future” for the UK newspaper ecosystem.
Discussion:
MediaPost, @newsuk, The Guardian, News UK and AOL
Jess Weatherbed / The Verge:
Canva unveils AI tools to automate labor-intensive tasks, and plans to pay out $200M over three years to designers who let their work be used to train AI models — As part of its 10th birthday celebrations, web-based design platform Canva is releasing Magic Studio — a new suite …
Discussion:
Plagiarism Today, CNET, Bloomberg and Fast Company, more at Techmeme »
Todd Spangler / Variety:
WBD hikes the monthly price of Discovery+ without ads in the US from $6.99 to $8.99 and in Canada from CA$6.99 to CA$8.99; the US ad tier remains at $4.99/month — It's the first time Discovery+ has increased the price of a monthly subscription in the markets since launching in January 2021.
Discussion:
@tvgrimreaper, MediaPost, The Desk, Deadline, The A.V. Club, Forbes, CNET, TVLine, Engadget, The Wrap, The Streamable, The Verge, The Hollywood Reporter, IGN, Media Play News and Cord Cutters News