Top News:
The Information:
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin — When TikTok creators start a livestream to chat about their new favorite hairbrush, dog toy or cleaning product, they're usually doing so from a setup in their own home.
RELATED:
Alex Barinka / Bloomberg:
TikTok is testing a feature that could make all posts shoppable, by identifying objects in videos and prompting users to “find similar items on TikTok Shop”
Discussion:
TechCrunch, Business Insider, Insider Intelligence, The Verge, MIT Technology Review, @carnage4life, The Information, The Messenger and Ad Age
Sara Fischer / Axios:
The Ankler hires David Lidsky as executive editor and signs a deal to bring Ankler reporting to LAist's radio station, website, and social media accounts — The Ankler, the entertainment media startup from veteran Hollywood editor Janice Min and insider columnist Richard Rushfield …
Discussion:
The Ankler, David Lidsky on LinkedIn and @janicemin
Mark Stenberg / Adweek:
Memo: TechCrunch plans to wind down TC+, its paid subscription product launched in 2019 as ExtraCrunch, and lays off ~8 employees, amid media industry-wide cuts — The Yahoo-owned publisher first launched TC+ in 2019 — Technology publisher TechCrunch laid off around eight staff members Monday …
Discussion:
The Wrap, Talking Biz News, @harriblogs, @rafat, @panzer, @bayareawriter, @mjburnsy, @lorenzofb, @thekenyeung@threads.net, @markstenberg3@threads.net, @martinsfp@threads.net, @etherington, @mjburnsy, @zackwhittaker@mastodon.social, @fredericl@threads.net, @morgan_sung, @zackwhittaker@mastodon.social, @catherineshu, @zackwhittaker@mastodon.social, @patrickcmiller@infosec … and @zackwhittaker@mastodon.social, more at Techmeme »
Bloomberg:
Sources: Nelson Peltz's Trian plans to publish its recommendations for Disney, including bundling ESPN+ with a larger player interested in sports, like Netflix — Peltz's Trian Fund Management LP will publish a so-called white paper detailing its investment thesis and recommendations …
Discussion:
The Streamable, @tim_bays, @aagave, Cord Cutters News and Observer
Emilia David / The Verge:
The NYT starts hiring for a team that will explore the use of generative AI in the newsroom “to help with reporting and how the Times is presented to readers” — The New York Times will begin building a team to explore the use of generative AI in its newsroom.
Discussion:
@chris@threads.net and @zseward@threads.net
Matthew Kish / Oregonian:
The Oregonian plans to appeal a court order to not publish info from docs that a lawyer accidentally sent it, saying prior restraint goes against 1A — A federal judge on Friday ordered The Oregonian/OregonLive not to publish information from documents it obtained last week from an attorney …
Discussion:
Talking Biz News and TVNewsCheck
Sara Fischer / Axios:
Minute Media, owner of The Players' Tribune, raised “tens of millions”, per its CEO, at a $1B+ valuation, and bought sports streaming service STN Video — Minute Media, the parent company to sports and entertainment sites like The Players' Tribune and Mental Floss …
Discussion:
@kendallbaker and Minute Media
Daniel Thomas / Financial Times:
WPP plans to spend £250M on AI development in 2024 and make similar investments in the future, as part of an overhaul of its operations to meet client demands — New technology ‘will enhance, not replace, human creativity’, says chief executive Mark Read
Discussion:
Adweek, The Mirror, Wall Street Journal, Reuters, PRWeek, Reuters, Jordan Green on LinkedIn, @colchlondoner, Shares Magazine, Campaign Asia, @chirpychet, Sharecast, @wpp, Investomania, Bloomberg and Verdict
Andrew Goudsward / Reuters:
The US sentences IRS contractor Charles Littlejohn to five years in prison for leaking the tax returns of Donald Trump and other Americans to media outlets — A former U.S. Internal Revenue Service contractor was sentenced on Monday to five years in prison for leaking the tax records …
Discussion:
Associated Press, @dnlbrns, @dnlbrns, @michaelmechanic, @dnlbrns, @mattbruenig, @alex_sammon, @joshgerstein, @jeffhauser, @jeffhauser, @maxkennerly, @politicalmath, CBS News, HuffPost, New York Times, Politico, The Daily Beast, Courthouse News Service, The Messenger, Washington Post, The Hill, Wall Street Journal and Fox News
New York Times:
A look at the extreme challenges of reporting as a local journalist from Gaza, where at least 76 Palestinian journalists have been killed since October 7 — From outside Gaza, the scale of death and destruction is impossible to grasp, shrouded by communications blackouts …
Discussion:
@cpjmena, @barrasreport, The Messenger and CBS News
Daniel Thomas / Financial Times:
Sources: Sky is planning to cut about 1,000 jobs across its business in the UK, as more customers switch from satellite to digital-only; Sky employs ~27K people — Broadcaster set to talk in coming weeks to staff in teams that could be affected — Sky is planning to cut about 1,000 jobs across …
Discussion:
The Guardian, Deadline and The Hollywood Reporter
Theo Francis / Wall Street Journal:
Reed Hastings donates $1.1B worth of his Netflix shares, or ~40% of his stake, to the Silicon Valley Community Foundation, a popular charity among tech founders — Reed Hastings donates to foundation with $10 billion in assets after gifts from Mark Zuckerberg and other tech founders
Discussion:
Observer, The Messenger, Variety, Business Insider, Media Play News, CNBC, Variety, The Information, Deadline and Bloomberg
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