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4:50 PM ET, August 10, 2024

Mediagazer

 Top News: 
Abner Li / 9to5Google:
Susan Wojcicki, former YouTube CEO and a key figure in Google's creation, dies at age 56, after two years of living with cancer  —  On Friday evening, Alphabet and Google Sundar Pichai shared that Susan Wojcicki has died.  She was 56. … Her husband, Dennis Troper, made the announcement earlier this evening:
RELATED:
Washington Post:
An obituary of Susan Wojcicki, who was one of the most prominent women in Silicon Valley, helped launch and grow AdSense, and pushed for Google to buy YouTube  —  Ms. Wojcicki, who helped start Google, was one of the most prominent women in Silicon Valley before stepping down from YouTube.
Juliana Kim / NPR:
Microsoft research details Iranian government efforts to interfere with the US election, including four fake outlets likely using AI to plagiarize news content  —  Groups connected to the Iranian government are using a spectrum of online tactics to interfere with the U.S. presidential election …
Yasmin Rufo / BBC:
The BBC asks Huw Edwards to return the £200K+ in salary he made between his November arrest and his April resignation; BBC Chair says he “behaved in bad faith”  —  Huw Edwards has been asked to return his salary paid since his arrest, with the BBC chair telling staff the ex-presenter acted in “bad faith”.
Todd Spangler / Variety:
Crooked Media and the union representing its workers say they reached a contract deal, and the union has withdrawn a union-busting claim against the company  —  Crooked Media and the union representing workers at the progressive media company, which is behind popular show “Pod Save America …
Eva Dou / Washington Post:
Truth Social parent TMTG, which has a $5B market cap, reports Q2 revenue down 30% YoY to $837K and a net loss of $16.4M; Trump owns 59.9% of TMTG's common stock  —  Donald Trump's company, which operates Truth Social, said it earned $837,000 in quarterly revenue.
Charlotte Tobitt / Press Gazette:
A £350M bid for The Telegraph by ad mogul Maurice Saatchi and Lynn Forester de Rothschild fails to make it to a second round in the auction run by RedBird IMI  —  Sir Paul Marshall reported to be the frontrunner for The Spectator.  —  Former advertising mogul Lord Saatchi has had a £350m bid to buy The Telegraph rejected.
Discussion: Sky News and Financial Times
Nellie Andreeva / Deadline:
Sources: Hearst Television lays off dozens of employees working for its free streaming service Very Local, which launched in 2021, serving 26 US markets  —  Hearst Television has let go of dozens of employees working for its streaming service Very Local, sources tell Deadline.
Discussion: FTVLive, The Desk and TVNewsCheck
Todd Spangler / Variety:
WBD pulls the contents of cartoonnetwork.com, which featured full CN episodes and video clips, and redirects visitors to sign up for Max  —  Cartoon Network has been scrubbed from the web. … The shuttering of the site appears to have happened Thursday, Aug. 8.
Jaspreet Singh / Reuters:
News Corp reports Q4 revenue up 6% YoY to $2.58B vs. $2.49B est., net income of $71M, Dow Jones revenue up 4% to $566M, and book publishing revenue up 15%  —  Media conglomerate News Corp (NWSA.O) beat Wall Street estimates for fourth-quarter revenue on Thursday, helped by digital subscription growth …
RELATED:
Rishav Chatterjee / Reuters:
News Corp puts its 65% interest in Australian pay TV company Foxtel up for sale, citing third-party interest and a strategic review
 
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 More News: 
Rani Molla / Sherwood News:
Q&A with Wikimedia Foundation executives on how AI could make knowledge more accessible to people, the risk that AI may impact its volunteers' engagement, more
Discussion: Diff, more at Techmeme »
Natalie Korach / The Wrap:
Paramount sells entertainment news websites ComicBook and PopCulture to Savage Ventures, which created a joint venture to relaunch Vice digital properties
 Earlier Picks: 
Reuters:
Venezuelan President Nicolas Maduro blocks X in the country for 10 days, accusing Elon Musk of using X to incite hate after Venezuela's disputed election
The Hollywood Reporter:
A look at the battle among streamers for stand-up comic specials, as Amazon, Hulu, and Max challenge Netflix's dominance of the genre
Discussion: AV Club and TVNewsCheck
Todd Spangler / Variety:
Lionsgate reports a Q1 net loss of $59.4M vs. a $70.7M net loss a year ago and revenue down 8% YoY to $834.7M vs. $857.5M est.; Starz shed 500K subscribers
 

 
From Techmeme:

Wall Street Journal:
Databricks is raising $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; docs show Databricks has $2.6B in revenue

Natasha Lomas / TechCrunch:
Ireland's Data Protection Commission fines Meta €251M for a Facebook security breach that affected ~29M users globally, ~3M in the EU and EEA, in September 2018

Avram Piltch / Tom's Hardware:
Nvidia unveils Jetson Orin Nano Super Developer Kit, a $249 compact AI development board that promises 67 TOPS, compared to 40 TOPS of the $499 last-gen kit
 
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