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9:05 AM ET, August 27, 2024

Mediagazer

 Top News: 
New York Times:
Edgar Bronfman Jr. drops his 11th-hour bid to take control of Paramount and buy National Amusements; sources: Bronfman couldn't offer proof of financing in time  —  Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.
RELATED:
Mia Sato / The Verge:
Gannett is shutting down its product reviews site Reviewed, sources say on November 1; staff previously accused Gannett of publishing AI-generated reviews  —  Newspaper giant Gannett is shutting down Reviewed, its product reviews site, effective November 1st, according to sources familiar with the decision.
Reuters:
Reuters says a strike on a hotel in eastern Ukraine killed Ryan Evans, who was a safety adviser for the agency, and two journalists were hospitalized  —  Ryan Evans, a member of the Reuters team covering the war in Ukraine, was killed and two Reuters journalists were injured in a strike …
Politico:
Sources: the Harris-Trump negotiations for the ABC debate on September 10 have hit an impasse; the Harris campaign says they want open mics during the debate  —  With help from Eli Okun, Garrett Ross and Bethany Irvine  —  DRIVING THE DAY  —  SCOOP: IS THIS THING ON?
The Moscow Times:
Interfax: Russia's FSB files criminal charges against a DW reporter and a journalist for Ukraine's 1+1 TV channel for illegally crossing the border into Kursk  —  Russia's Federal Security Service (FSB) said Tuesday that it has filed criminal charges against a Deutsche Welle reporter …
Variety:
Sony India and Zee Entertainment reach a comprehensive, non-cash settlement to resolve all disputes related to their planned $10B merger, halted earlier in 2024  —  The agreement brings an end to the legal proceedings that had been ongoing at the Singapore International Arbitration Centre …
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  —  Meta CEO also says he won't repeat 2020 efforts to fund local elections, which Republicans criticized as ‘Zuckerbucks’
Alex Weprin / The Hollywood Reporter:
Memo: ESPN outlines a reorganization, including promoting David Roberts to oversee sports news and entertainment, and plans to cut “a few dedicated colleagues”  —  The Disney-owned sports media giant promoted Mike McQuade and David Roberts to oversee sports, news …
 
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 More News: 
Jon Brodkin / Ars Technica:
A US district judge orders Missouri's AG to halt his probe into Media Matters' November 2023 report on X ads, after a similar order against Texas' AG in April
Maxwell Zeff / TechCrunch:
Viggle, developer of 3D-video foundation model JST-1, raised a $19M Series A led by a16z; Viggle says the model is trained on public sources, including YouTube
Anna Tong / Reuters:
OpenAI supports CA bill AB 3211 to require companies generating AI content to add watermarks; the bill passed in the state Assembly 62-0 and heads to Senate
Reuters:
A Pakistani court acquits a man of cybercrime offences for spreading misinfo about the Southport, UK, attacker while working for news aggregator Channel3Now
Max Tani / Semafor:
Sources: ABC News adjusted 538's US election model after taking it down for nearly a month; Nate Silver and Nate Cohn criticize ABC over a lack of transparency
 Earlier Picks: 
Max Tani / Semafor:
A group of media veterans and Democratic political operatives launch The Barbed Wire, a Texas for-profit digital news outlet; Olivia Messer is editor-in-chief
Nicole Sperling / New York Times:
After a string of misses at theaters, Apple reverses course on upcoming action comedy Wolfs, starring Brad Pitt, by opting for a very limited theatrical release
 

 
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

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

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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