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10:55 AM ET, August 28, 2024

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 Top News: 
Tom Friend / Sports Business Journal:
Sources: Amazon recently pulled its January 2024 offer to invest $115M in Diamond Sports Group, as the broadcast landscape changed  —  Amazon recently pulled its eight-month-old offer to infuse Diamond Sports Group with $115M in cash, multiple sources told SBJ, a development that has delayed …
Patrick Svitek / Washington Post:
After raising complaints, Trump says he will participate in the ABC debate with Harris on September 10 and the rules “will be the same as the last CNN debate”  —  The ABC News-hosted debate is set to take place Sept. 10 in Philadelphia, Trump said Tuesday.
Sara Fischer / Axios:
Gallery Media Group CEO Ryan Harwood says GMG, which owns PureWow and 50+ lifestyle brands primarily on social media, aims to end 2024 with $50M in revenue  —  - Its executives credit cautious spending, smart owners and a relentless focus on their consumers.
Mark Gurman / Bloomberg:
Sources: Apple is laying off ~100 people in its services group, impacting Apple Books, News, and other teams, a rare move as part of a shift in its priorities  —  - Layoffs will include some workers in Books and News apps  — Company is eliminating about 100 positions in Tuesday's move
Jagmeet Singh / TechCrunch:
VerSe Innovation, the parent of Indian news aggregator Dailyhunt, buys digital marketing agency Valueleaf for an undisclosed sum in a cash and equity deal  —  VerSe Innovation, India's content tech unicorn that owns local language news aggregator Dailyhunt, digital newsstand platform Magzter …
Discussion: Entrackr
Bron Maher / Press Gazette:
The Daily Telegraph's annual statement shows it had the most UK Editors' Code breaches upheld by IPSO in 2023; IPSO had 8K complaints in 2023 vs. 36K in 2022  —  The Daily Telegraph had the most breaches of the Editors' Code upheld by IPSO in 2023, its annual statement to the regulator shows.
The Information:
Memo: TikTok Global Head of Content Nicole Iacopetti plans to leave on September 6, after joining in 2020 from Disney; she helped shape TikTok's news strategy  —  It's been a tumultuous year for TikTok employees, between a looming potential ban of the app in the U.S. to its first widespread layoffs earlier this year.
Joel Simon / Vanity Fair:
A look at the potential threats posed to US journalists by Donald Trump's possible second term, and proactive safeguards for news outlets  —  The former director of the Committee to Protect Journalists lays out the grave threats that American news outlets might confront—and offers proactive safeguards.
The Guardian:
Venezuelan journalists are using AI avatars to host daily newscasts without putting themselves at risk, as President Nicolás Maduro cracks down on the media  —  Journalists are using artificial intelligence avatars to combat Maduro's media crackdown since disputed election
Gene Maddaus / Variety:
California's AB 2602 bill requiring explicit consent for the use of a performer's digital replica passes the Senate, and will soon head to the governor's desk  —  A bill to protect performers from unauthorized AI replicas was approved by the California Senate on Tuesday and will soon head to the governor's desk.
 
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 More News: 
Kerry Flynn / Axios:
Last week, BuzzFeed launched a BuzzFeed Arcade redesign, Vulture released an archive of its game Cinematrix, and Mashable partnered with Arkadium to offer games
Blake Brittain / Reuters:
A judge reverses a jury's $600K verdict that Disney misused Rearden's tech in Beauty and the Beast, saying it couldn't have known its contractor was misusing it
Discussion: Plagiarism Today
 Earlier Picks: 
Christopher Palmeri / Bloomberg:
Sources: Disney is in contract renewal talks with DirecTV that could see ABC, ESPN, and other channels blacked out as early as September 1 if no deal is reached
Todd Spangler / Variety:
Jason and Travis Kelce sign a deal with Amazon's Wondery for rights to their popular New Heights podcast; a source says the three year deal is worth $100M+
Siobhan Hughes / Wall Street Journal:
In a letter to Rep. Jim Jordan, Mark Zuckerberg says he regrets Meta wasn't more outspoken about Biden administration pressure to restrict some COVID-19 content
 

 
From Techmeme:

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

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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