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4:20 PM ET, January 4, 2024

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 Top News: 
Sara Fischer / Axios:
Sources: The Messenger is seeking to raise around $20M amid layoffs and financial struggles; it launched in 2023 after a $50M raise  —  Digital news start up The Messenger is seeking to raise around $20 million amid layoffs and financial struggles, sources tell Axios.
Brian Steinberg / Variety:
VideoAmp founder Ross McCray steps down as CEO as the company prepares to lay off nearly a fifth of its staff; Peter Liguori will serve as executive chairman  —  The founder of VideoAmp, a measurement-technology start-up that has been vying with Nielsen and others to create a new means …
Discussion: Ad Age
Agence France-Presse:
Tunisian authorities arrest Al Jazeera reporter Samir Sassi, one week after the arrest of Tunisian journalist Zied el-Heni, who criticized a minister  —  Samir Sassi joins growing number of journalists imprisoned and prosecuted in country  —  Tunisian authorities have arrested an Al Jazeera reporter …
Discussion: Committee to Protect … and IFJ
Wall Street Journal:
As Google restricts third-party cookies for 1% of Chrome users, marketers, adtech companies, and publishers say Google has not done enough to prepare the market  —  Search giant plans to remove a technology seen as critical to the digital-ad industry  —  Google is going forward …
Ralph D. Russo / Associated Press:
The NCAA and ESPN announce a $920M, eight-year agreement that will give ESPN rights to 40 championships, including the Division I women's basketball tournament  —  The NCAA and ESPN announced on Thursday a $920 million, eight-year agreement that will give the network exclusive rights to 40 championships …
Bloomberg:
Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to increase merchant fees to 6% of each sale in April 2024  —  - ByteDance's video app is fast expanding beyond advertising … The 2024 merchandise volume goal for the US version of TikTok Shop …
Brian Steinberg / Variety:
Amazon names Jeremy Helfand vice president and head of sales for Prime Video; he had been EVP for advertising for Disney's interactive businesses  —  Amazon has tapped a Disney veteran to lead its new push into the streaming ad wars.  —  Jeremy Helfand, who rose from a position at Hulu …
Discussion: Adweek and The Wrap
Andrew Marchand / New York Post:
YES and MSG Network partner to launch Gotham Advanced Media and Entertainment, a 50/50 venture that aims to capitalize on their streaming services  —  YES and MSG Network are partnering on a new venture that eventually could lead to a direct-to-consumer streaming service that offers the Yankees …
Michael M. Grynbaum / New York Times:
RedBird IMI invests in Media Res, the independent studio behind “The Morning Show”; Jeff Zucker plans to take a seat on the studio's board  —  The former CNN president will return to Hollywood by investing in the studio behind streaming hits like “The Morning Show” on Apple TV+.
 
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 More News: 
The Information:
Sources: OpenAI offered some media companies as little as $1M-$5M/year to license their articles for model training; Apple offered more but wants more rights
Spencer Soper / Bloomberg:
BOA analysis: Amazon's video ad push will boost annual revenue by up to $5B, comprising $3B in video ad sales and $1.8B in Prime users paying to avoid ads
Kari Paul / The Guardian:
Q&A with Jacob Bakkila, who ran the popular @Horse_ebooks Twitter account for two years, on the inspirations behind the language bot, AI chatbots, and more
more at Techmeme »
 Earlier Picks: 
 

 
From Techmeme:

Wall Street Journal:
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B

Ricardo Brito / Reuters:
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil

Bill Toulas / BleepingComputer:
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace
 
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