Top News:
Sharon Knolle / The Wrap:
X files a defamation lawsuit against Media Matters, claiming the outlet “knowingly and maliciously” misrepresented the amount of antisemitic content on X — Musk says the watchdog org “would not let truth get in the way of a story” — Elon Musk has followed through on his threat …
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Adi Robertson / The Verge:
Texas' AG, “troubled” by Elon Musk's claims, probes Media Matters, which calls X's suit “frivolous”; X avoids anti-SLAPP statutes by filing in the 5th Circuit — X, formerly Twitter, has followed through with owner Elon Musk's threat to sue the left-leaning nonprofit Media Matters.
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Forbes:
Sources: ad executives told Linda Yaccarino that she is risking her reputation and should step down as X's CEO to make a statement about racism and antisemitism — In the aftermath of IBM, Disney, Apple and others pausing spending on X, formerly known as Twitter, top advertising executives …
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Kylie Robison / Fortune:
At a hastily assembled all-hands, Linda Yaccarino said Media Matters is known “to force a narrative” and asked staff to “be as fiscally responsible as possible” — KIRSTY WIGGLESWORTH - WPA POOL/GETTY IMAGES — At a Monday all-hands hastily assembled at the last minute at X …
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The Hill, @kyliebytes, @mjk_4mjk@mastodon.ie, New York Post, Mediaite, The Messenger, New York Times and Awful Announcing
Matt Binder / Mashable:
After big advertisers flee X, right-wing media outlets and influencers pledge to buy ads or donate, like Benny Johnson, Andrew Tate, Gavin McInnes, Babylon Bee
After big advertisers flee X, right-wing media outlets and influencers pledge to buy ads or donate, like Benny Johnson, Andrew Tate, Gavin McInnes, Babylon Bee
Discussion:
CNN, New York Post, @sethdillon, The Hill, @timcast, @PattyHanson@mastodon.social, @shinjiikarus@mstdn.social, Business Insider and Ad Age
Devin Coldewey / TechCrunch:
Media Matters' claims that some companies' ads appeared next to antisemitic content do not seem to be “manufactured”, contrary to what X alleges in its suit
Media Matters' claims that some companies' ads appeared next to antisemitic content do not seem to be “manufactured”, contrary to what X alleges in its suit
Discussion:
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Caitlin Huston / The Hollywood Reporter:
In a note to employees, Linda Yaccarino says the Media Matters report about ads on X is “misleading” and that X is in the midst of battling “deceptive attacks”
In a note to employees, Linda Yaccarino says the Media Matters report about ads on X is “misleading” and that X is in the midst of battling “deceptive attacks”
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Max Tani / Semafor:
Sources: Linda Yaccarino asked her son and X executive Matt Madrazo to reach out to GOP ad spenders; X aims for $100M in political ads during the 2024 elections
Sources: Linda Yaccarino asked her son and X executive Matt Madrazo to reach out to GOP ad spenders; X aims for $100M in political ads during the 2024 elections
Discussion:
@walthickey, Variety, @maxwelltani, @davidfrum, @chrisharihar, @jhweissmann, @jsrailton, @nsnadeemsarwar, Bloomberg and Financial Times
Vicky Ge Huang / Wall Street Journal:
Crypto exchange Bullish, run by a former NYSE president, acquires CoinDesk for an undisclosed sum in an all-cash deal; DCG acquired CoinDesk for $500K in 2016 — CoinDesk says former Wall Street Journal Editor in Chief Matt Murray will chair an independent editorial committee
Press Gazette:
Jeff Zucker's RedBird IMI plans to take control of the Telegraph and Spectator after agreeing to a loan of £600M to repay debts owed by the Barclay family — Abu Dhabi-backed investment fund RedBird IMI has said it is set to take control of the Telegraph and Spectator publications …
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Sky News, Telegraph, Mediaite, @beerg, Sky News, New York Post, Financial Times, @markkleinmansky, @markkleinmansky, The Guardian, Bloomberg, @janemartinson and Frontpage Mag
The Verge:
Epic v. Google: a Google exec confirms that Spotify pays no commission when users buy subscriptions via Spotify's payment system and 4% when they pay via Google — Music streaming service Spotify struck a seemingly unique and highly generous deal with Google for Android-based payments …
Discussion:
Engadget, Android Central, TechCrunch and Music Ally, more at Techmeme »
Washington Post:
Investigation: as Amazon and Netflix back down on daring films, self-censorship pervades the Indian streaming industry due to pressure from Modi's ruling BJP — MUMBAI — Over a three-decade career, the filmmaker Anurag Kashyap often trained a critical eye on his native India as he wove tales …
Emmanuel Morgan / New York Times:
A look at the surge of NFL players who have begun hosting podcasts during the season, a surprising development in a league that tends to suppress individuality — The N.F.L. tends to suppress individuality, but podcasts from stars like the Kelce brothers, Micah Parsons and Tyreek Hill are popping up as valuable portals to fans.
Aamir Siddiqui / Android Authority:
YouTube confirms that “users who have ad blockers installed may experience suboptimal viewing”, after users reported five-second delays on non-Chrome browsers — Some users are experiencing a five-second delay when loading YouTube videos on Firefox, but not on Chrome. — •
Nicolas Parasie / Bloomberg:
Middle East-based streamers OSN+ and Anghami plan to merge; OSN Group plans to inject $50M into Anghami and become a majority shareholder in the company — - Entity to have over 120 million users, $100 million in revenue — OSN Group to continue to run its pay TV business separately
Yana Lyushnevskaya / Nieman Reports:
How Ukrainian media is balancing war coverage, with national TV speaking in a highly patriotic, pro-government voice and critical reporting thriving online — Yana Lyushnevskaya, NF '24, on the difficult dilemma Ukrainian journalists face when covering war in their own country
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