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9:55 PM ET, July 3, 2024

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 Top News: 
RELATED:
Wall Street Journal:
Sources: Skydance reached a preliminary deal to pay $1.75B for National Amusements and agreed to a 45-day period where other Paramount bidders can make offers  —  Skydance would pay $1.75 billion for National Amusements under the preliminary deal  —  David Ellison's production company …
Bloomberg:
Sources: Paramount Global is in exclusive talks to sell BET for $1.6B-$1.7B to buyers that include BET CEO Scott Mills and Chinh Chu, who runs CC Capital
The Guardian:
The Murdoch-owned Sun in the UK abruptly switches political allegiance, endorsing the Labour Party ahead of the July 4 election  —  After years of critical coverage, tabloid backs Labour for first election since 2005, saying: ‘It is time for a change’  —  The Sun newspaper has made an abrupt volte-face …
Casey Newton / Platformer:
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real time content, fediverse, and more  —  Programming note: With this post, we now go on a short summer break.  See you back here July 15.  —  A year ago this week, Meta introduced Threads to the world.
RELATED:
Alex Heath / The Verge:
Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025  —  A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye.  —  Now, the rival to Elon Musk's X has reached …
BBC:
Investigation: a fake news network tied to an ex-Florida sheriff, now in Moscow, appears to be targeting US and UK voters; some Congress members shared posts  —  A network of Russia-based websites masquerading as local American newspapers is pumping out fake stories as part of an AI-powered operation …
Hadas Gold / CNN:
Some WH reporters say Biden's mental fitness could have been better covered before the debate, particularly after the release of Robert Hur's report in February  —  President Joe Biden's White House repeatedly and aggressively shot down reports on the president's age and any possible limitations …
Rodney Ho / Atlanta Journal-Constitution:
The Narwhal:
Leaked recording: a TC Energy executive claims its communications team “packaged” a February 2024 WSJ editorial blasting Biden's natural gas policy  —  A TC Energy exec claimed credit for an article signed by the Journal's editorial board, saying 'Our communications team packaged …
Dan Gillmor:
Dominic Ponsford / Press Gazette:
Brad Stone, editor of Bloomberg Businessweek, which moved to monthly circulation, says print may make a comeback as readers want “distraction-free luxury”  —  Editor of Businessweek Brad Stone said he believes print journalism could make a comeback as the 95-year-old title moved from weekly to monthly circulation this week.
Discussion: Talking Biz News
Andrea Hsu / NPR:
A federal court in Texas temporarily blocks the US government's ban on noncompete agreements that was set to take effect September 4  —  A federal court in Texas has partially blocked the government's ban on noncompete agreements that was set to take effect September 4.
 
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 More News: 
Ivan Mehta / TechCrunch:
Telegram rolls out the ability for creators to share paid content to channels using its Stars digital currency and for channels to convert Stars to Toncoin
Emma Roth / The Verge:
Reddit users: Netflix is phasing out its cheapest $11.99/month ad-free tier for existing subscribers as planned, pushing its $6.99, $15.49, and $22.99 tiers
Tim Wu / New York Times:
Judges have allowed First Amendment free speech rights to be hijacked to suppress the sovereignty of humans in favor of the power of companies and machines
 Earlier Picks: 
Lillian Rizzo / CNBC:
EverPass Media, which has commercial rights to NFL's Sunday Ticket, acquires UPshow, a service that enables live sports streaming at commercial establishments
Reece Rogers / Wired:
AI spam still sometimes ranks higher than original reporting in Google Search despite Google's adjustments to target AI spam in March 2024
Eugen Rochko / Mastodon Blog:
Mastodon adds clickable bylines under article links, pointing to the author's fediverse account; The Verge and MacRumors are among the pubs using the feature
Todd Spangler / Variety:
Following Paramount's takedown of MTV News, the Internet Archive has assembled a searchable index of 460,575 web pages earlier published at MTV.com/news