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8:15 PM ET, May 30, 2024

Mediagazer

 Top News: 
Meg James / Los Angeles Times:
Report: Nelson Peltz' Trian Partners reaped ~$1B from its Disney stock after his unsuccessful proxy fight; Disney heeded some of his calls, cutting 8,000 jobs  —  In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.
Discussion: @rfaughnder
RELATED:
CNBC:
Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board
Thomas Buckley / Bloomberg:
A look at Pixar's missteps since COVID-19: movies were released on Disney+ and key executives departed, leading to a focus on sequels to get back on track  —  After duds and missteps, the famed animation studio sees Inside Out 2 as key to restoring the magic.
Peter Beaumont / The Guardian:
A Haaretz journalist reveals Israeli security officials threatened him and blocked his reporting about a Mossad chief's efforts to intimidate an ICC prosecutor  —  Haaretz journalist was warned of ‘consequences’ if he reported on attempts by Mossad chief to intimidate ex-prosecutor
Anthony D'Alessandro / Deadline:
Brian Weinstein moves from president and COO of Bad Robot to serving as 3 Arts Entertainment co-CEO and senior adviser to Lionsgate CEO Jon Feltheimer  —  Former Bad Robot President and COO, Brian Weinstein, is heading over to Lionsgate in what is a dual role: He'll be the Co-CEO …
Hayden Field / CNBC:
Sources and docs: Twitch terminates its Safety Advisory Council, which consisted of experts, streamers and moderators who consulted on trust and safety issues  —  Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC.
Sara Fischer / Axios:
Sources: X and Nexstar's NewsNation plan to host separate live town halls with Trump and Robert F. Kennedy Jr.; the Biden campaign has not agreed to take part  —  - The Biden campaign has not agreed to take part.  — A spokesperson for the Biden campaign declined to comment.
Emma Roth / The Verge:
Meta begins rolling out TweetDeck-style customizable feeds on Threads globally, following a test that started earlier this month  —  Threads is widely rolling out a desktop site redesign that lets you customize your homepage with a series of feeds, similar to TweetDeck.
Reuters:
Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance  —  TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version …
 
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 Earlier Picks: 
Rebuild Local News:
Illinois legislators included in their budget new tax credits for newsrooms that hire or retain local reporters, allocating $25M over five years, and more
Steven Lee Myers / New York Times:
Researchers: an ex-Florida deputy sheriff who received asylum in Russia is behind a growing network of 160+ fake news sites mimicking US, UK, and French outlets
Mark Gurman / Bloomberg:
Apple is seeking a senior engineer to help build a TV and sports app for Android, a sign the company is bringing its TV+ service to the rival platform
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Apple removes Advanced Data Protection in the UK for new users, pulling the optional E2EE feature rather than complying with the UK's order to build a backdoor

Oliver Knight / CoinDesk:
ZachXBT: crypto exchange Bybit has experienced $1.46B worth of “suspicious outflows”; Bybit CEO confirms hacker took control of a cold ETH wallet

David Heaney / UploadVR:
Apple releases visionOS 2.4 developer beta, adding Apple Intelligence, a guest mode, a Spatial Gallery app, an iPhone app for remote installs, and more

 
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