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Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation — Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
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A US district court judge issues a temporary restraining order halting the Trump administration's efforts to close Voice of America, in a lawsuit by VOA staff — A federal judge sided with silenced Voice of America journalists on Friday, the latest setback for President Trump's push to shut …


Trump commutes the criminal fraud sentence of Ozy Media founder Carlos Watson, shortly before Watson was due to begin serving a 116-month prison term — President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due …
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In a letter to Disney CEO Bob Iger, FCC Chair Brendan Carr says the FCC is opening an investigation into DEI practices of Disney and ABC — - Brendan Carr, the head of the Federal Communications Commission, is now investigating Disney over its DEI practices.
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World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information — World History Encyclopedia CEO Jan van der Crabben saw his site show up in Google's AI Overviews and ChatGPT. Then traffic dropped 25%.


Guardian US expects $44M in donations in the US and Canada in 2025, up 33% YoY; contributions make up 60% of revenue, which exceeded costs by $16M in 2024 — There was a time in media when having a billionaire owner was an asset. For many outlets, this is still the case …


QVC lays off ~900 employees, or ~5% of its workforce, after consolidating operations with HSN earlier in 2025, as QVC pivots to “a live social shopping company” — The layoffs come as part of a reorganization for the QVC Group after consolidating with rival network HSN earlier this year


The Academy apologizes for not publicly supporting Hamdan Ballal, co-director of Oscar-winning No Other Land, after his assault and arrest in the West Bank — Filmmaker Hamdan Ballal was reportedly beaten and detained earlier this week after a conflict in the West Bank.
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The Atlantic's Jeffrey Goldberg says the Trump administration's lies regarding Signal chats on Yemen attack plans prompted him to reveal the texts — The Trump administration tried to paint the veteran journalist as a liar, so he felt compelled to prove them wrong — and he had the receipts.


Sources: the Los Angeles Times has laid off dozens of employees on the business side this week, including VP of Communications Hillary Manning — The newspaper slashed dozens of business-side staffers this week—including its longtime chief spokesperson—in a painful new round of cuts, Status has learned.
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Google will pay $100M in cash to settle a 2011 lawsuit accusing the company of charging for clicks on ads outside the geographic areas the advertisers targeted — Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing …
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A press freedom coalition condemns US immigration officials' detention of a Turkish Ph.D. student who co-wrote an op-ed supporting Palestinians in March 2024 — - Click to email a link to a friend (Opens in new window) — The Student Press Law Center and 10 other free speech …