Mediagazer: Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years (Axios)

Jonathan Vanian / CNBC:

Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal “requires more work to ensure all necessary approvals are signed” — President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok …

Discussion: @realDonaldTrump …, MediaPost, Engadget, Adweek, Mediaite, CNN, Wall Street Journal, TVNewsCheck, TechCrunch, The Wrap, Washington Examiner, Bloomberg, NPR, Reuters, PRWeek, The Daily Beast, Hollywood Life, ZeroHedge News, Daring Fireball, Al Jazeera, Yahoo Finance, @thedailybeast, Metro.co.uk, Rolling Stone, E! Online, Vogue Business, People, Politico, Gizmodo, Le·gal In·sur·rec·tion, Washington Post, Associated Press, Jamaica Observer, Axios, Financial Times, Semafor, Los Angeles Times, ABC News, KTVU-TV, MacRumors, The Business of Fashion, @drewharwell.com, The Hill, Consequence, NOTUS, The US Sun, BGR, The Post Millennial, @brianstelter, The Independent, The Daily Caller, The Hollywood Reporter, Digiday, The Verge, Forbes, Washington Times, Business Insider, New York Post, iPhone in Canada Blog and Daily Mail, more at Techmeme »

Axios:

Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years — G/O Media has sold business news brand Quartz and commerce site The Inventory to Canadian software firm Redbrick, Axios has learned.

Discussion: The Wrap, Adweek, @joshsternberg.com, @kerrymflynn, @shepardcdr.bsky.social and @carolynmichelle.bsky.social

Aisha Malik / TechCrunch:

Amazon introduces a Kindle Recaps feature that uses GenAI and moderators to create short summaries of books in a series — Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series.

Discussion: @kevinleecaster.bsky.social and The Verge

Todd Spangler / Variety:

Stock declines for major media companies on Friday included WBD, down 11.9%, Roku, 8.3%, Apple, 7.3%, Netflix, 6.7%, Disney, 6%, and Amazon, 4.2% — Amid steep losses, U.S. president says ‘my policies will never change’ — Stocks dropped sharply for a second day — with U.S. stock markets setting …

Discussion: Wall Street Journal, NPR, Motley Fool, The Wrap and Deadline, more at Techmeme »

Arpan Chaturvedi / Reuters:

An Indian court orders Wikimedia to remove statements about news agency ANI facing criticism for being a government propaganda tool from a Wikipedia page — The operator of Wikipedia has been ordered to remove statements deemed defamatory by an Indian court from the page of a domestic news agency it hosts …

Discussion: The Desk and @davidsullivan.bsky.social

Agence France-Presse:

Radio Free Europe/Radio Liberty head Stephen Capus says the US government turned off satellite services that transmit its Russian-language program into Russia — The head of Radio Free Europe/Radio Liberty said on Thursday that the US government had switched off a satellite that transmitted its Russian-language programme into Russia.

Discussion: Broadband TV News, The Straits Times, @juliadavisnews, Radio Free Europe/Radio …, New York Times, @druidorbital.bsky.social, @brucedlittle.bsky.social, @open-spectrum.bsky.social, @passantino.bsky.social and @newsguy.bsky.social

Alex Weprin / The Hollywood Reporter:

Vimeo launches Vimeo Streaming, letting creators launch subscription streaming services without any coding experience and offering features like AI translations — The video tech platform is launching Vimeo Streaming, a product that lets creators spool up their own subscription services and apps.

Discussion: TVNewsCheck, Engadget, Benzinga, Fortune, Vimeo.com, Inc. and RouteNote Blog

Michael M. Grynbaum / New York Times:

Amid the worst stock market sell-off since the 2020 pandemic, Fox News has projected a conspicuous calm and temporarily dropped its onscreen stock ticker — There is no onscreen stock ticker. One anchor reassured viewers that “President Trump is keeping another campaign promise.”

Discussion: TVNewsCheck, @davidjroth.bsky.social, The Daily Dot, @ocanannain.bsky.social, @owillis.bsky.social, @owillis.bsky.social, @dailydot.com and @visiblemusic.bsky.social

Amanda Silberling / TechCrunch:

Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will start appearing on Facebook, Threads, and Instagram — Meta will no longer have any fact-checkers in the U.S. come Monday, according to Chief Global Affairs Officer Joel Kaplan.

Discussion: Fox Business, Engadget, The Hill, Breitbart, BGR, MeidasTouch News, RedState, Blaze Media, Global Investigative …, @joel_kaplan, @muwxguy.bsky.social, Poynter and The Verge

Sara Merican / Deadline:

Report: micro-drama apps are booming in Asia: DramaBox's app store revenue rose from $8M in 2023 to $217M in 2024, while ReelShort's grew from $36M to $214M — Apps such Dramabox, Goodshort, Reelshort and Shortmax - which offer episodes lasting for around 60 to 90 seconds …

Discussion: Adam Thomas on LinkedIn and The Streamable

The Hollywood Reporter:

How Wall Street's pressure for growth, the demise of the traditional theatrical release window, and Hollywood's risk aversion are impacting studio executives — High-flying execs are dropping like flies right now — at Amazon MGM, and possibly at Warner Bros. — turning what was once …

Janko Roettgers / Lowpass:

In a new lawsuit, the trustee for Chicken Soup for the Soul Entertainment's bankruptcy case says ex-CEO Bill Rouhana neglected “the most basic corporate duties” — Also: Trump's tariffs are bad news for TV makers … The executive leadership of Chicken Soup for the Soul Entertainment …

Discussion: Cord Cutters News