Top News:
Jonathan Vanian / CNBC:
Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU — - Reddit on Thursday filed to go public. — Its market debut will mark the first major tech initial public offering of the year …
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Abner Li / 9to5Google:
Google strikes a deal with Reddit, reportedly for $60M/year, giving Google access to the Reddit Data API to surface more Reddit content and train AI models — Google today announced an “expanded partnership” with Reddit that sees it get access to the forum website's data for training and other product uses.
Discussion:
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Benjamin Mullin / New York Times:
Internal memo: Vice Media executives plan to lay off hundreds of its 900+ employees over the next week, and the company is in advanced talks to sell Refinery29 — Vice Media, which emerged from bankruptcy last year, is planning to cut hundreds of its more than 900 employees, according to people familiar with the matter.
Discussion:
Sydney Morning Herald, CNN, HuffPost, The Desk, The Verge, Hollywood Reporter, Washington Post, The Hill, Awful Announcing, hellgatenyc, Rachel White on LinkedIn, New York Daily News, @soupsoup@threads.net, @emilybellnyc@threads.net, @dkiesow@threads.net, @emilybellnyc@threads.net, @chronotope, The Wrap, The Information, Rolling Stone, @maxwellstrachan, @misstessowen, @skullwizard.bsky.social, @blogdiva@mastodon.social, @daithaigilbert, MediaPost and Deadline
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Wall Street Journal:
Internal memo: Vice Media “will no longer publish content on vice.com” and may partner with established media companies to distribute its content — Cuts follow failed effort by owner Fortress to sell embattled digital publisher and its brands — Vice Media said it would stop …
Discussion:
@janusrose, Variety, The Guardian, @tati_wm, @scottnover, @motherboard, @BenjaminHCCarr@hachyderm.io, @stefthepef@mastodon.social, @lorenzofb, @felixsalmon, Mediaite, @katiedrumm, @annamerlan, @timmarchman, Deadline, @theloniusly, @maxwelltani, @karlbode.bsky.social, @ameliargh, @bcmerchant, Talking Biz News, @katiedrumm, @neuwaves, @benmullin, @maxwelltani, @leximcmenamin, @elaheizadi, @bcmerchant, @rumpfshaker and Bloomberg
Tampa Bay Times:
Tim Burke is charged with 14 crimes related to alleged computer hacks at Fox News, including six counts of accessing a protected computer without authorization — Burke, a nationally recognized media consultant, is scheduled to appear in federal court Thursday in Tampa.
Discussion:
The Desk, Rolling Stone, Mediaite, New York Post, Freedom of the Press …, @willsommer, Electronic Frontier Foundation, WFLA-TV, The Wrap, @mathewi, Awful Announcing, CNN, @Naureckas@mastodon.world, @carlfranzen, @matthewkeyslive, @oliviacgeorge, @bennett@assemblag.es, @oneunderscore__@threads.net, @martinbowling, @jordanuhl, @ryanlcooper.com, The Daily Beast, Daily Mail, @tessastuart, @collinsherwin, @matthewkeyslive, @chathamharrison.bsky.social, @ralphamsden and @kthorjensen
Sarah Scire / Nieman Lab:
Google confirms “a small subset of users” have been temporarily unable to access the News tab filter in search results pages as part of ongoing testing — News publishers are worried — with good reason — about changes coming to Google Search.
Discussion:
@liahaberman, @niemanlab@mastodon.social, @laurahazardowen, @chosford1, @walldo, @tomgara, @giovanni_bouden, @tdasilvarosa and @susancb
Dr Richard Fletcher / Reuters Institute for the Study of Journalism:
Analysis: at 2023's end, 48% of the top news websites in the US, the UK, and eight others had blocked OpenAI's crawler and 24% had blocked Google's AI crawler — In this factsheet we describe the proportion of top news websites in ten countries that block AI (artificial intelligence) crawlers.
Max Tani / @maxwelltani:
[Thread] Engadget announces layoffs and a restructuring that separates news and features from reviews and buying advice; EIC Dana Wollman is leaving — Memo that went out to staffers at Engadget announcing layoffs today [image]
Dana Afana / Detroit Free Press:
Detroit told the Detroit Free Press that its FOIA request would cost $17K+, another case of Michigan FOIA allowing public bodies to hide behind prohibitive fees — After officials and artists responsible for seven murals across Detroit remained quiet about the project's controversial fallout …
Discussion:
@jentrification@mastodon …
New York Times:
Instagram's news influencers, like Jessica Yellin with 650K+ followers and Mo News with 438K, have become popular even as Meta de-emphasizes political content — In this year's presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.”
Discussion:
Dale L. Cressman, PhD on LinkedIn, @hannah_flom, @grynbaum, @sapna and The Information, more at Techmeme »
Associated Press:
The AP plans to expand coverage of AI and train other newsrooms on how to cover AI, with funding from the Omidyar Network and the Patrick J. McGovern Foundation — The Associated Press will expand its coverage of artificial intelligence and bring training to global newsrooms …
Discussion:
WAN-IFRA and Talking Biz News
Sara Fischer / Axios:
Substack says 3M+ customers subscribe to paid newsletters on its platform, up from 2M in February 2023, and credits its recommendations feature for the growth — - The company said it plans to expand the recommendations feature, which helps writers promote other newsletters in its network …
Discussion:
On Substack, @alex, The Verge, TechCrunch, Ebony Lewkovitz on LinkedIn, @substackinc, @sarafischer and @mattnavarra@threads.net
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