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8:55 AM ET, April 3, 2024

Mediagazer

 Top News: 
Reuters:
Sources: Disney secures enough shareholder votes to defeat Trian Partners' attempt to put Nelson Peltz and ex-Disney CFO Jay Rasulo on Disney's board  —  Walt Disney Co (DIS.N) has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund …
RELATED:
Bloomberg:
Sources: Vanguard Group, the biggest investor in Disney with a roughly 8.3% stake, is voting for Disney's board nominees at the annual meeting on April 3  —  NYC Comptroller on Disney Proxy Fight, Congestion Pricing … Vanguard is the biggest investor in Disney, with a roughly 8.3% stake, Bloomberg-compiled data show.
Financial Times:
US-based hedge fund Hunterbrook launches its newsroom, Hunterbrook Media, after raising $100M to make trades based on scoops uncovered by its reporters  —  Target of Hunterbrook's first story questions ethics of it taking a short position in its stock  —  A US hedge fund has raised $100mn …
Hannah Murphy / Financial Times:
NewsGuard: 1,197 partisan news websites in the US masquerade as local news outlets as of April 1, compared to ~1,200 genuine local newspaper websites  —  Dark money-funded outlets that mimic regional news sites are becoming more sophisticated ahead of November election
New York Times:
An interview with Oren Etzioni, the founder of nonprofit TrueMedia.org, which has released free AI tools for reporters and fact checkers to identify deepfakes  —  Oren Etzioni worries A.I.-generated fakes could overwhelm upcoming elections.Kyle Johnson for The New York Times
Sara Fischer / Axios:
The NYT plans to make most of its articles available as narrations read via an automated voice, rolling out to 10% of website, app, and audio app users  —  - The company published 2,300 audio recordings, including podcasts, in 2023 with more than 600 Times reporters contributing.
Jef Feeley / Bloomberg:
Donald Trump sues two co-founders of Trump Media & Technology Group, claiming they set the company up wrong and shouldn't get stock; the two earlier sued Trump  —  - He claims they bungled their duties, forfeiting their stock  — Trump Media shares plunged less than a week after going public
 
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 More News: 
Tyler Jett / Des Moines Register:
Iowa officials settle a suit with independent political blogger Laura Belin, who was denied a press pass to the legislature; Iowa will pay her attorneys $49K
Elizabeth Williamson / New York Times:
A look at the lawyers using defamation lawsuits to fight political disinformation with a focus on key spreaders, like Alex Jones
Sara Fischer / Axios:
Billie Eilish, Katy Perry, and 200+ others sign a letter to AI developers and tech firms decrying “predatory” AI that steals voices, replaces artists, and more
 Earlier Picks: 
Laya Neelakandan / CNBC:
Private equity firm Silver Lake says it plans to take sports and talent agency Endeavor private at a $13B equity value, or $27.50 per share
John Maher / Publishers Weekly:
Nonprofit library tech cooperative OCLC, which owns WorldCat, acquires CloudLibrary, a digital lending service used by ~500 libraries in 20 countries
David Pierce / The Verge:
Yahoo acquires the news app Artifact, shuts down its standalone app, and plans to use its technology on Yahoo News and other services in the coming months
Spencer Soper / Bloomberg:
Flip, a marketplace with product review videos by shoppers, raised a $144M Series C led by Streamlined at a $1.05B valuation, including $50M from AppLovin
Discussion: AppLovin Corp.
 

 
From Techmeme:

Dan Goodin / Ars Technica:
The US SEC will require some financial institutions to notify customers whose personal information was compromised within 30 days of learning about breaches

Reed Albergotti / Semafor:
Google DeepMind releases its Frontier Safety Framework, a set of protocols for analyzing and mitigating future risks posed by advanced AI models

Leah Nylen / Bloomberg:
Epic v. Apple: Phil Schiller told a US judge that Apple's new 27% fee on purchases made outside its App Store are a good-faith attempt to comply with the law

 
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