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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 …
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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, Forbes and @scottlincicome.bsky.social, 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:
NPR, Deutsche Welle, Breitbart, Motley Fool, The Wrap and Deadline, more at Techmeme »


WGA members “overwhelmingly” ratify a new three-year deal with CBS News that includes AI protections and is modeled after a recent ABC News contract — The Writers Guild of America East and West members at CBS News have ratified a new three-year collective bargaining agreement with the company.
Discussion:
TVNewsCheck, The Wrap and @wgaeast.bsky.social


A judicial panel consolidates 12 copyright cases against OpenAI and Microsoft in New York, including cases from Ta-Nehisi Coates, John Grisham, and the NYT — California cases over AI trainers' use of work by writers including Ta-Nehisi Coates and Michael Chabon transferred to consolidate …


A judge dismisses former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today; Bryant sued in 2023 over reporting about a welfare scandal — A judge has dismissed former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today …
Discussion:
@ashtonpittman.bsky.social


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, more at Techmeme »


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.


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.