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8:25 AM ET, August 6, 2024

Mediagazer

 Top News: 
Charlie Nash / Mediaite:
Jennifer Jacobs, the Bloomberg News reporter fired for allegedly breaking Russian prisoner swap story embargo, suggests she didn't decide to publish prematurely  —  Bloomberg News senior White House reporter Jennifer Jacobs shot back at the news outlet on Monday after she was fired …
RELATED:
Josh Dickey / The Wrap:
Email: Bloomberg EIC John Micklethwait says the outlet has taken disciplinary action against those involved in breaking the Russia prisoner swap embargo
Lauren Feiner / The Verge:
A US federal judge rules Google has a monopoly in “general search text advertising” and Google's exclusive agreements enabled it to raise prices on that product  —  A federal judge ruled that Google violated US antitrust law by maintaining a monopoly in the search and advertising markets.
Benjamin Mullin / New York Times:
Red Ventures sells CNET, an early pioneer of online tech coverage, to Ziff Davis, which owns Mashable, PC Mag, and other brands, a source says for $100M+  —  Ziff Davis is acquiring CNET for more than $100 million.  Its chief executive thinks more acquisitions are on the horizon.
Andrew Bucholtz / Awful Announcing:
FAST channels NEWSnet and SportsNewsHighlights, owned by Manoj Bhargava's Bridge Media, abruptly shuts down, resulting in the layoffs of 80 employees  —  Manoj Bhargava at a NewsNet desk.  (NewsNet.)  —  The strangeness around former Sports Illustrated publisher Arena Group and its majority owner …
Alex Weprin / The Hollywood Reporter:
Fox Corp reports Q4 revenue up 2% YoY to $3.1B, affiliate fee revenue up 5% YoY to $1.9B, ad revenue flat YoY at $1B, and $320M net income, vs. $369M in Q4 2023  —  The company said that revenue rose slightly in the quarter thanks to its carriage agreements, but that the election and Super Bowl are setting it up for a big year.
Discussion: Variety, Next TV and Fox Corporation
Samantha Cole / 404 Media:
Sources: Nvidia scraped sources like Netflix and YouTube to train an unreleased foundational model; concerned staff were told they had full clearance to do so  —  Nvidia scraped videos from Youtube and several other sources to compile training data for its AI products, internal Slack chats …
Kayla Cobb / The Wrap:
CBS News names Adrienne Roark as president of editorial and newsgathering and Jennifer Mitchell as president of stations and digital, as part of a restructuring  —  Roark will be president of editorial and newsgathering, and Mitchell will be president of stations and digital
Richard A. Webster / Nieman Lab:
A Louisiana law that went into effect last week makes it a misdemeanor for reporters or anyone to be within 25 feet of a police officer after being ordered back  —  “You can't even get an officer's badge number at 25 feet.  So there's no way to hold anyone accountable."
Discussion: @richardawebster and Boing Boing
Max Tani / Semafor:
The WSJ's explosive report from January 2024 about UNRWA's alleged links to Hamas were based on Israeli intel reports that the WSJ has been unable to confirm  —  In January, The Wall Street Journal made an explosive claim: Quoting “intelligence reports,” the paper reported that not only had 12 members …
 
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 More News: 
Charlotte Tobitt / Press Gazette:
BuzzFeed issues a “cease and desist” to Trending Now, which uses AI to aggregate B2B stories, accusing the startup of copyright infringement with its logo
 Earlier Picks: 
Bart Meijer / Reuters:
The European Commission says TikTok agreed to permanently withdraw and not replace TikTok Lite's “Task and Reward Programme” in the EU to comply with the DSA
Michael Dixon / Awful Announcing:
The Boston Globe issues a correction and apologizes for incorrectly calling Olympic boxer Imane Khelif “transgender” in a headline in its Friday print edition
 

 
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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