Mediagazer: Yahoo confirms it has been testing an AI summaries feature for a few months on the Yahoo News website for a small, single-digit percentage of articles (Sarah Perez/TechCrunch)

Boone Ashworth / Wired:

Yahoo debuts a revamped version of the free Yahoo News app powered by Artifact's tech, after buying the Instagram co-founders' news app in April 2024 — Artifact, the news app startup from Instagram's cofounders, was purchased by Yahoo earlier this year. The web giant then used …

Discussion: Yahoo Inc., Yahoo Inc., @jlanzone, @jlanzone and Andrew Machado on LinkedIn, more at Techmeme »

Sarah Perez / TechCrunch:

Yahoo confirms it has been testing an AI summaries feature for a few months on the Yahoo News website for a small, single-digit percentage of articles — Yahoo's AI push isn't over just yet. The company, also TechCrunch's parent, recently launched AI-powered features for Yahoo Mail …

Reed Albergotti / Semafor:

AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes and others — The Scoop — Perplexity, the AI search startup that recently came under fire from Forbes for allegedly misusing its content …

Brooks Barnes / New York Times:

Disney and Ron DeSantis reach a 15-year agreement to let Disney undertake a $17B expansion of Walt Disney World near Orlando; Disney will end all litigation — The deal locks in a 15-year expansion plan for Disney World and clears a path for Disney to restart political donations in Florida.

Discussion: The Wrap, Associated Press, Orlando Sentinel, Reuters, Axios and CNN

Alexandra Steigrad / New York Post:

CNN signs a deal to use AP stories on its website, the first time it has done so since cutting ties 14 years ago to focus more on original reporting — CNN staffers fear a new deal with the Associated Press may spell layoffs at the third-place cable news network.

Discussion: Editor and Publisher and NewscastStudio

Ashley Carman / Bloomberg:

The National Music Publishers' Association files an FTC complaint against Spotify, saying Spotify's decision to offer audiobooks reduced songwriters' royalties — Spotify's audiobook bundle has put it at war with music publishers … The audiobooks addition gave Spotify leeway to reclassify …

Discussion: 9to5Mac, Music Ally, Digital Music News, Engadget, Billboard, Music Business Worldwide and Rolling Stone

Charlotte Tobitt / Press Gazette:

UK nonprofit The Bureau of Investigative Journalism launches paid memberships and explores other revenue streams to address a £250,000 funding shortfall — The Bureau of Investigative Journalism (TBIJ) is on a mission to diversify its revenue away from relying on foundations as …

Adam Sherwin / The i Paper:

Sources detail Evgeny Lebedev's decision to end the Evening Standards' daily print edition under pressure from a Saudi investor, after prevaricating for years — Current and former employees tell the story behind the daily edition's closure — Evgeny Lebedev agreed to axe …

Discussion: @richjamesuk

Gary Baum / The Hollywood Reporter:

A profile of Bryan Freedman, a divisive entertainment lawyer known for his rabidity and ruthlessness and who has represented Tucker Carlson, Don Lemon, and more — When pissed-off power players from Megyn Kelly and Bethenny Frankel to Tucker Carlson and Don Lemon need a warrior to fight …

Anthony D'Alessandro / Deadline:

Sony Pictures Entertainment buys Alamo Drafthouse Cinema; 35 cinemas will keep operating under the Alamo brand, and Alamo's Michael Kustermann will remain CEO — Sony Pictures Entertainment (SPE) has just bought Alamo Drafthouse Cinema. D eadline first told you the chain was up for sale and being shopped around to studios.

Sam Roberts / New York Times:

Christophe Deloire, the secretary general of Reporters Without Borders, dies at 53 in Paris due to complications of brain cancer — As the leader and spokesman for Reporters Without Borders, he rescued some, sought refuge for others and lobbied for pluralism in the press.

Discussion: Reporters Without Borders, National Press Club, Associated Press and Associated Press

Axios:

In an investor presentation, Newsmax discloses details of the $225M private placement and announces plans for an NYSE or a Nasdaq IPO later this year or in 2025 — - The company said it plans to go public later this year or in 2025 either on the NYSE or Nasdaq with an offering of up to $75 million.

Discussion: The Desk, Newsmax Inc., Newsmax Inc., Newsmax Inc. and The Hollywood Reporter