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11:10 AM ET, April 25, 2024

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 Top News: 
Michael Sisak / Associated Press:
A US appeals court overturns Harvey Weinstein's 2020 conviction, finding the trial judge let women testify about allegations that were not part of the case  —  New York's highest court on Thursday overturned Harvey Weinstein's 2020 rape conviction, finding the judge at the landmark #MeToo trial prejudiced …
Eli Stokols / Politico:
Interviews with 24 people reveal the tense relationship between President Biden and the New York Times, beset by misunderstandings, grudges, and a lack of trust  —  Biden's people think they're “entitled.”  The Times says “they're not being realistic.”  —  When news broke one Saturday night …
Kathryn Lundstrom / Adweek:
Best Buy and CNET combine their ad inventory to let advertisers buy across Best Buy Ads' retail media network and CNET's editorial content, an industry first  —  Consumer electronics retailer Best Buy and digital publisher CNET are teaming up to create a new retail media model, the companies said Thursday.
Discussion: Talking Biz News and @ben_kaplan
Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals  —  JioCinema, the popular Indian on-demand video-streaming service, introduced a new monthly subscription plan on Wednesday, with the lowest tier costing just 35 cents.
Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
RELATED:
Ashley Capoot / CNBC:
Meta's stock drops 10%+ on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments
Sam Roberts / New York Times:
Alfonso Chardy, whose methodical reporting led The Miami Herald to a Pulitzer Prize for exposing the Iran-contra scandal in 1986, died on April 9 at age 72  —  A Miami Herald correspondent, he powered a team that won a Pulitzer Prize for investigative reporting and helped snare three other Pulitzers for the paper.
Discussion: @francesrobles
Jesse Whittock / Deadline:
Wondery UK hires ex-head of studios for Spotify UK and Ireland as its head of podcasts, and launches its paid, ad-free subscription service Wondery+ in the UK  —  Podcast giant Wondery has hired Spotify's Chris Baughen, as it launches the paid-for Wondery+ service in the UK.
Discussion: Variety
Georg Szalai / The Hollywood Reporter:
Comcast reports Q1 Peacock revenue rose 54% YoY to $1.1B, a $639M loss, down from $704M in Q1 2023, and paying subscribers up 55% YoY to 34M  —  NBCUniversal parent Comcast, led by chairman and CEO Brian Roberts, reported its first-quarter earnings. … The streamer ended March …
Georg Szalai / The Hollywood Reporter:
TelevisaUnivision reports Q1 revenue up 7% YoY to $1.1B, adjusted OIBDA fell 9% YoY to $328.5M, and expects its DTC business to be profitable in H2 2024  —  The Spanish-language media giant, led by Wade Davis, sees 2024 as “a historic year for us,” saying that “we expect that to drive commensurate political ad revenue.”
Robbie Farias / Austin American-Statesman:
A photojournalist for TV station Fox 7 Austin was arrested after an altercation with state troopers at a pro-Palestinian protest at the University of Texas  —  A photojournalist with FOX 7 Austin was arrested during a pro-Palestinian protest at the University of Texas at Austin on Wednesday.
 
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 More News: 
The Information:
Sources: ByteDance is exploring scenarios for selling a majority stake in TikTok US, preferably to non-tech companies, and without the recommendation algorithm
Will Sommer / Washington Post:
The founder of The Gateway Pundit says its parent company is filing for Chapter 11 bankruptcy, as it faces lawsuits claiming it promoted bogus election claims
 Earlier Picks: 
Tom Jones / Poynter:
How the Columbia Daily Spectator, the independent student newspaper of Columbia University, is covering the tense protests over the Israel-Hamas war
E. Alex Jung / New York Magazine:
A profile of Mehdi Hasan, whose aggressive interviewing helped him get an MSNBC show, as he now embraces the “canceled” label to launch his Zeteo substack
Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20
Discussion: ComingSoon.net, Vox, CNBC, @tiktokpolicy, Wired, Music Ally, Silicon UK, Politico, New York Times, ABC7, Digital Music News, @lanceulanoff, @rlheinrichs, @kyurieff, @aripap, @michaelsobolik, @nathanleamerdc, @michaelsobolik, @maxwinebach, @adamkovac, @themaxburns, @michaelsobolik, @repdancrenshaw, @alexgrayforok, @djvlad, @jeromysonne, @aghamilton29, @blackleftaf, @kellymakena, @alyssafarah, @steventdennis, @ldrogen, @tiktokpolicy, @mtracey, @viacristiano, @jameeljaffer, @cinemasai_, @munster_gene, @potus, @tomwarren, @danprimack, Zack Stern on LinkedIn, Morten Rand-Hendriksen on LinkedIn, NBC News, Tubefilter, @ddimolfetta, @carnage4life, @mkraju, @brendancarrfcc, @yashar, @alexbarinka, @deedydas, @viacristiano, @therecount, @drjessmaddox, @deanbaker13, @hankgreen, Music Business Worldwide, Vibe, Neowin, Gizmodo, GB News, Android Authority, India Today, GSMArena.com, The Independent, Android Headlines, Mothership.SG, Axios, Total Telecom, KnowTechie, London Evening Standard, Semafor, Politico, Kiplinger.com, Android Police, Dexerto, Infosecurity, Semafor, XDA Developers, PetaPixel, Forbes, DJ Mag, Tom's Guide, Comic Book, Android Authority, PCMag, Newsweek, Business Insider, Social Media Today, PR Daily, Florida Politics, Far Out Magazine, Bloomberg, Australia & World, Mastodon, Silicon UK, @alexheath@threads.net, @jw@threads.net, @ezeekat@threads.net, Benzinga, Variety, 9to5Mac, Rolling Stone, One Man & His Blog, Engadget, Bloomberg, The Information, Wired, NBC News, TechCrunch, @mattontech@mastodon.sdf.org, Music Ally, Washington Post, The White House, The Guardian, New York Times, Wall Street Journal, The Guardian, ComingSoon.net, CNN, CNBC, Reuters, @NeoNacho@mastodon.social, The Daily Beast, Neowin, Wired, The Register, Engadget, The Wrap, The Verge, Platformer, Washington Post, South China Morning Post, Spyglass, r/popculturechat, r/politics and Beehaw, more at Techmeme »
New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push
Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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