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12:10 PM ET, November 12, 2024

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 Top News: 
Benjamin Mullin / New York Times:
Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others  —  Nicholas Carlson is preparing to debut a media start-up of his own called Dynamo.Clark Hodgin for The New York Times
Lily Ford / The Hollywood Reporter:
Gary Lineker plans to step down from soccer show Match of the Day after 26 years, but extends his BBC Sport contract; he is the BBC's highest-paid presenter  —  The ex-England soccer captain has become the face of BBC Sport and the public broadcaster's highest-paid presenter since …
Wall Street Journal:
Meta plans to ask Facebook and Instagram users in Europe if they want to get “less personalized ads” and cuts subscription prices by 40%, a concession to the EU  —  The Facebook and Instagram owner faces pressure in Europe to ask before using data to target ads or train artificial intelligence.
Le Monde:
Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights  —  Several leading French news organizations said Tuesday, November 12, that they are suing social media platform X, accusing it of running their content without payment.
Hugh Dougherty / The Daily Beast:
Chris Wallace quits CNN after three years, opting not to renegotiate his contract, and says he will instead go independent  —  The veteran broadcaster, 77, will walk away from his seven-figure role in a watershed moment for cable TV.  —  EXCLUSIVE  —  Chris Wallace is quitting CNN …
Brian Steinberg / Variety:
Netflix says its ad tier has 70M MAUs globally, up from 40M in May 2024, and it sold all out available in-game inventory for its Christmas Day NFL broadcasts  —  Netflix, a company that once dismissed the concept of allowing commercials around its popular streaming content, now can't seem to get enough of them.
Sara Fischer / Axios:
Source: Substack raised ~$10M in new funding; investors include Nate Silver and Omeed Malik, whose firm 1789 Capital backed Tucker Carlson's new media venture  —  - Substack's original value proposition of empowering writers to connect directly with their audiences has attracted a diverse set of writers …
Lucia Moses / Business Insider:
The New York Times says the Tech Guild is ending its strike after a weeklong work stoppage; during the strike, dozens of tech workers crossed the picket line  —  New York Times tech workers are ending their strike after a weeklong stoppage, Business Insider first reported.
Tom Tapp / Deadline:
The Tennis Channel indefinitely suspends analyst Jon Wertheim for “inappropriate” comments he made on air about Wimbledon champ Barbora Krejčíková's appearance  —  Longtime tennis analyst, Tennis Channel commentator and 60 Minutes contributor Jon Wertheim …
 
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 More News: 
Todd Spangler / Variety:
IAC reports Q3 revenue at Dotdash Meredith up 5% YoY to $439.5M and a $22.1M operating profit; The Daily Beast is profitable, a first, and revenue rose 81% YoY
Dominic Ponsford / Press Gazette:
An interview with The Sun's former royal editor Duncan Larcombe on Fleet Street “dark arts”, Sun's toxic newsroom, Prince Harry's “deluded” lawsuit, and more
Todd Spangler / Variety:
Endeavor agrees to sell OpenBet and IMG Arena, its sports gambling and tech businesses, in a $450M management buyout backed by Endeavor chief Ari Emanuel
 Earlier Picks: 
The Information:
Sources: more than a year before the US election, TikTok executives revamped moderation rules and trust and safety staff to make it more appealing to Trump fans
Brian Stelter / CNN:
Fox News contributor Tom Homan leaves the network to become Trump's “border czar”, showing how Trump is poised to re-make the “Fox News White House”
Max Tani / Semafor:
US legacy news outlets' coverage of Trump is likely to change as they end internal debates about “normalizing” Trump and acknowledge a political realignment
 

 
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

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

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
 
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