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12:55 PM ET, January 25, 2025

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 Top News: 
Charles Kaiser / Columbia Journalism Review:
An interview with Paul Krugman on leaving the NYT in 2024 after his newsletter was killed and editing of his column “became extremely intrusive”, Substack, more  —  The paper wanted to take away his newsletter or make him write less frequently, he says.
Tom Bowman / NPR:
Former Fox News host Pete Hegseth wins Senate confirmation to become Donald Trump's defense secretary, after Vice President JD Vance cast a tie-breaking vote  —  Pete Hegseth overcame allegations of sexual assault, public drunkenness and questions of financial mismanagement at two veterans' groups …
Global Voices:
An interview with journalist and Ethical Journalism Network founder Aidan White on the current global lack of trust in media and ways to rebuild public trust  —  Media can adopt mechanisms to prove their credibility, such as self-assessment and independent certification
Claire Heddles / NOTUS:
Amended FEC filings: WH Press Secretary Karoline Leavitt's failed 2022 congressional campaign owes $300K+ in unpaid debts that weren't initially disclosed  —  On Thursday, Karoline Leavitt's failed congressional campaign amended every FEC filing it had ever made to reveal that she failed …
Jorge Mercado / Pacific Coast Business Times:
How the assets of the Santa Barbara News Press, which closed after bankruptcy in 2023, ended up with nonprofit NEWSWELL, as the nonprofit plans a relaunch  —  It has been a year and a half since the Santa Barbara News Press, the former longest running daily newspaper in Southern California …
Katie Deighton / Wall Street Journal:
ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024  —  Tech firms that speed up and automate brands' partnerships with social-media influencers are becoming hot commodities as advertisers scramble to reach consumers online
Matthew Keys / The Desk:
Source: Allen Media Group reverses some of its plans to lay off 100+ local TV meteorologists and outsource regional weather forecasts to its Atlanta facilities  —  Allen Media Group has reversed some of its plans to lay off more than 100 local television meteorologists and outsource regional weather forecasts …
Lauren Forristal / TechCrunch:
Flip, which lets shoppers share video reviews and earn cash based on engagement, launches a creator fund that grants up to $100M of equity over 5+ years  —  Flip is a social commerce app that lets shoppers become creators.  They can share honest reviews and earn cash based on engagement on the platform.
 
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 More News: 
Sarah Perez / TechCrunch:
Similarweb: RedNote's DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban
Ivan Mehta / TechCrunch:
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content”
Melanie Goodfellow / Deadline:
Apple TV+ signs a four-year agreement with French audiovisual groups, investing 20% of its net annual France turnover in European and French content
Discussion: 9to5Mac
 Earlier Picks: 
Adweek:
Newsweek generated $90M in revenue at a profit margin of 20% in 2024, up from $20M revenue in 2018; digital advertising made up 63% of revenue in 2024
Charlotte Klein / New York Magazine:
David Remnick, editor of The New Yorker for over a quarter of a century, remains at work amid speculation over his potential successor as the magazine turns 100
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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