Top News:
Financial Times:
Sources: Hunterbrook, founded by investor Nathaniel Brooks Horwitz and writer Sam Koppelman, plans a $100M fund to trade on stories unearthed by its news arm — Fund would get exclusive access to market-moving stories before they are published — A group of veteran US financial journalists …
Max Tani / Semafor:
Forbes journalists say some sources are refusing to give them sensitive information due to Forbes' new reported ownership by Russian businessman Magomed Musaev — The Scoop — Forbes journalists have told the publication's management that some sources are refusing to share sensitive information …
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Sara Fischer / Axios:
Sources: Forbes' owners give Luminar CEO Austin Russell two more weeks to finalize his $800M bid; Russian executive Magomed Musaev denies investing in the deal — Austin Russell, the 28-year-old Luminar Technologies CEO who is seeking to buy Forbes, has requested an extension of a Nov. 1 deadline …
Discussion:
Talking Biz News
Gerry Shih / Washington Post:
Apple told some Indian journalists that they had been targeted in state-backed iPhone cyberattacks, without attributing “any specific state-sponsored attacker” — NEW DELHI — Apple has warned at least 20 prominent Indians, including opposition politicians and journalists …
Discussion:
The Wire, Financial Times, @mkvenu1, @svaradarajan, The Wire, @priyankac19, @samirsaran, TechCrunch and BGR, more at Techmeme »
New York Times:
KKR completes its $1.62B Simon & Schuster acquisition, marking a major shift in the US publishing industry; KKR plans to offer an employee profit-sharing model — The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit.
Discussion:
Deadline, Publishers Weekly, The Wrap, bookforum.com and MediaPost
Ryan Bort / Rolling Stone:
Israel denies press credentials to seasoned conflict reporter Jesse Rosenfeld after his critical coverage, saying “Rolling Stone is not a news organization” — The Netanyahu administration has denied a press credential to Jesse Rosenfeld, who has reported on the prime minister and the war
Dan Milmo / The Guardian:
The Guardian says its reputation was damaged after Microsoft Start placed an AI-generated poll about a woman's death next to the outlet's article about her — Publisher says poll speculating on cause of woman's death that appeared next to Guardian article caused ‘significant reputational damage’
Katie Robertson / New York Times:
News Media Alliance study: developers rely on articles more than generic web content to train LLMs; the NMA says this shows that AI companies violate copyright — The News Media Alliance, a trade group that represents newspapers, says that A.I. chatbots use news articles significantly more than generic content online.
Discussion:
Fast Company and News/Media Alliance, more at Techmeme »
Nilay Patel / The Verge:
Q&A with Golnar Khosrowshahi, the CEO of Reservoir Media, a record label that buys catalogs of hit songs, on copyright, generative AI's impact, and more — The publisher behind the songwriting copyrights to some of the most popular music ever recorded doesn't think AI spells doom for the industry.
Discussion:
@verge@mastodon.social and Forbes
Taylor Lorenz / Washington Post:
A look at some of the creators who report and aggregate news on TikTok, YouTube, Instagram, and more, as people under 35 move away from traditional news outlets — One recent study concluded consumers are looking for news that “feels more relevant,” giving a boost to creators on social media
Emma Roth / The Verge:
YouTube says it “launched a global effort” to encourage users with ad blockers to allow ads or try YouTube Premium, after a “small experiment” earlier this year — YouTube is broadening its efforts to crack down on ad blockers. The platform has “launched a global effort” …
Discussion:
The Hill, Android Authority, Gizmodo, 9to5Google and Android Authority, more at Techmeme »
Samuel Earle / The Guardian:
A profile of Paul Marshall, GB News co-owner and founder of UnHerd, one of the biggest websites for political commentary in the UK, as he bids for The Telegraph — UnHerd has quickly become one of the biggest sites for political commentary in the UK, and now the hedge fund founder behind it …
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Chris Roush / Talking Biz News:
SmartNews VP of Content Rich Jaroslovsky plans to step down from a full-time job at year's end; Wendy Bounds is taking over and Bernie Davis' role will expand — Rich Jaroslovsky, vice president of content and chief journalist at SmartNews, sent out the following to his colleagues on Tuesday:
Discussion:
Rich Jaroslovsky on LinkedIn