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12:30 PM ET, January 28, 2024

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 Top News: 
Mark Stenberg / Adweek:
Sources detail how a $300M investment from Blackstone, structured as a line of credit, became an albatross for Recurrent Ventures due to rising interest rates  —  The Blackstone investment was supposed to be a war chest.  It became an albatross.  —  In May 2022, media company Recurrent Ventures announced …
Pete Croatto / Poynter:
A look at the 2003 film Shattered Glass on serial fabulist Stephen Glass, the people involved in his rise and fall, and its enduring appeal in journalism school  —  25 years ago, Stephen Glass was exposed as a fabulist.  In 2003, a classic film chronicled his deceit.  Not everyone involved walked away unscathed.
Sam Roberts / New York Times:
Jon Franklin, a pioneer of literary journalism who won two Pulitzer Prizes for stories published in The Baltimore Evening Sun, died on January 21 at age 82  —  He won two Pulitzer Prizes by transforming accounts of doctors at work into in-depth, narrative articles that read like dramatic short stories.
Alex Weprin / Hollywood Reporter:
Internal email: WWE President Nick Khan says Vince McMahon resigned as TKO Executive Chairman and from the TKO board, and no longer has a role with TKO or WWE  —  The WWE founder faced allegations of battery and sex trafficking by a former employee. … Following allegations of battery …
Kurt Wagner / Bloomberg:
X plans to build a new “Trust and Safety center of excellence” in Austin, Texas, and hire 100 full-time moderators to fight child sexual exploitation material  —  - Employees will be full-time, primarily focused on CSE content  — X CEO Yaccarino to testify before Senate committee next week
Tim Harford / Financial Times:
With high-stakes elections in 2024, some experts are worried that a piece of disinformation potentially involving a deepfake might soon have a calamitous impact  —  Fakes, forgeries and the meaning of meaning in our post-truth hellscape  —  Not long after Eric Hebborn was murdered …
Ben Smith / Semafor:
Q&A with Washington Post CEO Will Lewis about his plans for the newspaper, including making its footprint bigger, lack of a Trump Bump, media layoffs, more  —  On Sir Will Lewis' 17th day as CEO of the Washington Post, Washington media celebrated him in its particularly small-town way …
Gretel Kahn / Reuters Institute:
Emerging journalists from Europe, North America, and Latin America discuss the challenges they face entering the news industry, like high tuition and low pay  —  Reporters put up with low salaries, long hours and uninspiring roles in the hope they will find a full-time job.  Many may never have one
New York Times:
Sources: LAT owner Patrick Soon-Shiong clashed with editor Kevin Merida over an published article about a wealthy doctor and his dog, before Merida stepped down  —  The owner, Dr. Patrick Soon-Shiong, had raised concerns with Kevin Merida, who stepped down this month, over reporting about a wealthy doctor and his dog.
The Wrap:
SAG-AFTRA calls for laws making the development and distribution of false AI images illegal, following the release of sexually explicit AI fakes of Taylor Swift  —  The Biden administration also spoke out on Thursday  —  Following the release of faked, sexually explicit images …
Kate Knibbs / Wired:
A look at women's blog The Hairpin, which has been resurrected by a Serbian DJ after its 2018 shutdown and is now filled with SEO-optimized, AI-generated trash  —  Beloved women's website The Hairpin shut down in 2018.  This month it returned from the dead to churn out AI clickbait.
Jason Koebler / 404 Media:
404 Media outlines the reasons it wants to reach readers directly via email, including social media fragmentation and AI spam making discoverability tougher  —  You might have noticed that over the last few days, we've begun requiring readers to sign up with email addresses to read most of the articles on our website.
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 More News: 
Taylor Lorenz / Washington Post:
Supporters of Israel are using apps to mass report pro-Palestinian content online, raising questions for tech platforms over “citizen-led propaganda” campaigns
Cameron Joseph / Columbia Journalism Review:
As newspapers cut DC reporters, they can no longer pressure legislators on local issues or inform readers about their legislators' performance
 Earlier Picks: 
Hanaa' Tameez / Nieman Lab:
How disagreements between the Los Angeles Times and the LA Times Guild over seniority protections resulted in more than 60 journalists of color being laid off
Winston Cho / Hollywood Reporter:
George Carlin's estate sues Dudesy over its comedy special featuring an AI George Carlin, alleging copyright infringement and right of publicity violations
 

 
From Techmeme:

Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones

Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday

Ming-Chi Kuo:
Kuo: Apple plans to upgrade the high-end iPhone 18's wide-angle lens in 2026 to a variable aperture camera; Sunny Optical will be the primary shutter supplier
 
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