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


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, @carolynmichelle.bsky.social and @shepardcdr.bsky.social


Sources: connected TV ad platform MNTN, which filed for a US IPO in late February, is among companies pausing listings as Trump's trade war upends the economy — Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
Discussion:
Wall Street Journal, Wausau and Forbes, more at Techmeme »


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


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


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


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.


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, Frank Filiatrault on LinkedIn, Engadget, Benzinga, Fortune, Vimeo.com, Inc. and RouteNote Blog


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.”


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.


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


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 …