Top News:
Financial Times:
Sources: New York Sun owner Dovid Efune is close to striking a deal to buy The Telegraph for £550M+, more than what others like National World offered — Offer could end 16-month battle to control the conservative British national newspaper — New York Sun owner Dovid Efune is closing …
Discussion:
Adweek, @danielthomasldn, Bloomberg, The Times, Telegraph, Hindustan Times and The Guardian
Olesia Safronova / Bloomberg:
A Ukrainian official says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters, including Rossiya 24 — - Russian state media reported ‘unprecedented’ cyberattack — Disruption coincided with Russian president's 72nd birthday
Discussion:
Reuters, @profwoodward and @lukolejnik, more at Techmeme »
Wall Street Journal:
eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains — A flurry of new offerings for advertisers is hitting the market — Google's grip on the nearly $300 billion search advertising business is loosening.
Matthew Jordan / The Conversation:
As Congress tries to force carmakers to install AM radios as a matter of public interest, it should push licensed stations to abide by public interest standards — A lament about the demise of AM radio has been rising in the halls of Congress. — Several automakers, most notably Tesla and Ford …
Discussion:
Barrett Media, Radio Ink, RADIO ONLINE and Inside Radio
Trip Gabriel / New York Times:
Former NYT investigative reporter David Burnham, whose work uncovering corruption in the NYPD during the 1970s inspired the movie Serpico, dies at the age of 91 — Tipped off by the detective Frank Serpico, he wrote an explosive series on police corruption in New York City, sparking an investigation by the Knapp commission.
Discussion:
@schwellenbach, @sergenyt, @proflhunter, @carlmalamud@official … and Deadline
Max Tani / Semafor:
Substack, which still isn't profitable but has added 1M+ paid subscribers over the past year, is trying to become a primary way creators of all mediums get paid — Seven years since its launch, the newsletter platform Substack has consolidated its dominance of the independent news business.
Discussion:
@semaforben, @emily_sundberg, Jason Whittaker on LinkedIn and @semafor, more at Techmeme »
Naman Ramachandran / Variety:
Amazon India completes its MX Player acquisition and merges it with Amazon miniTV to create new free streaming service Amazon MX Player — STREAMING SYNERGIES … The merged platform has over 250 million unique users in India, according to Amazon. — The service offers original shows like …
Discussion:
Advanced Television, Deadline and YourStory.com
Daniel Thomas / Financial Times:
The BBC, ITV, Channel 4, and Channel 5 agree a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's US smart TVs — Agreement with US tech company is set to provide a boost to broadcasters' new platform Freely — BBC, ITV, Channel 4 and Channel 5 …
Discussion:
Reuters, Advanced Television, The Sun, RXTV, Broadband TV News, Deadline and The Media Leader, more at Techmeme »
Sridhar Pappu / New York Times:
How SmartLess, a podcast by Will Arnett, Jason Bateman, and Sean Hayes, became a rare cultural tent pole that continues to thrive after its pandemic birth — Started during the pandemic, this venture is the first step in a media empire being built by the actors Sean Hayes, Will Arnett and Jason Bateman.
Discussion:
@frankdigiacomo, @stuartemmrich and Deadline
Ben Cohen / Wall Street Journal:
A look at Google NotebookLM's Audio Overview feature, which was built by Google Labs and has gone viral for its AI-generated “deep dive” podcasts with two hosts — With this Google tool, you can now listen to a show about any topic you could possibly imagine. You won't believe your ears.
Discussion:
Business Insider, @ambermac, @cnbctechcheck, @ericjorgenson, @stevenbjohnson, @omarsar0, @karpathy, @omartosca, @davetroy, @elonmusk, @firstadopter, @stevenbjohnson, @karpathy, @karpathy, Barron's Online, MIT Technology Review, Forbes, MIT Technology Review, Axios and Hard Fork on YouTube
Victoria Gomelsky / New York Times:
Watches of Switzerland Group, one of the world's largest watch retailers, buys watch enthusiast website Hodinkee and says its coverage will remain independent — Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
Discussion:
@reb40, @ilyakan2004, @kstahl, @hiddenvaluegems, @penttijokinen, @will__stern, @cllctmedia, @aspeciale, @rafat, @robbreport, @etkeld, London Evening Standard, The Mirror, City A.M., MarketWatch, Fortune, Forbes Australia, Bloomberg, cllct, Hodinkee, Daniela Morena on LinkedIn, Benjamin Clymer on LinkedIn, Lorcan McCabe on LinkedIn, Katie Reed on LinkedIn, Adam Schoenberg on LinkedIn and Coverager
Kurt Wagner / Bloomberg:
Meta unveils Movie Gen, which creates up to 16-second videos from a text prompt, available to some staff and partners; Meta plans to add it to its apps in 2025 — Movie Gen tool can create short videos from a text prompt — Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
Discussion:
Meta, Andrew Weld-Moore on LinkedIn, Mike Hollander on LinkedIn, Siddharth Bhattacharya on LinkedIn, @jimclydego, @soumithchintala, @dr_cintas, @prashant_1722, @ahmad_al_dahle, @koltregaskes, @prashant_1722, @nearcyan, @kimmonismus, @reece___rogers, @arankomatsuzaki, @soumithchintala, @prashant_1722, @_akhaliq, ZDNET, Ars Technica, The Wrap, Neowin, The Verge, New York Times, @aaldahle@threads.net, @jakebailey@threads.net, @aiatmeta@threads.net, @evolving.ai@threads.net, @chriscox@threads.net, Wired and TechCrunch
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