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9:40 PM ET, April 7, 2025

Mediagazer

 Top News: 
Bloomberg:
The stock market briefly surged Monday after CNBC, Reuters, and others picked up an erroneous X post that Trump was considering a 90-day pause on tariffs  —  At just after 10 a.m., shouting erupted on the Siebert trading floor in downtown Manhattan.  Mark Malek, the firm's chief investment officer …
New York Times:
A majority of 300+ WaPo tech workers sign union cards and plan to formally request recognition, WaPo's first public union drive since Bezos' 2013 acquisition  —  With global markets again in free-fall, the president appeared to be losing support of business leaders, raising questions about his leverage in his trade fight.
Rebecca Rubin / Variety:
A Minecraft Movie collects $157M at the US box office in its opening weekend, the biggest domestic debut of 2025 and best in history for a video game adaptation  —  “A Minecraft Movie” leveled up at the box office, collecting a blockbuster $157 million in its opening weekend.
Charlotte Tobitt / Press Gazette:
RocaNews, a Gen-Z focused outlet that operates via Instagram, a gamified app, newsletters, and YouTube, says it became profitable in October and has 2M readers  —  An American news start-up says it is proving Gen Z audiences will pay for news if it's done the right way.
Discussion: Forbes
Anvee Bhutani / The Guardian:
Student journalists in the US are resigning or requesting takedown of stories amid growing repression by the Trump administration against pro-Palestinian speech  —  Newsrooms forced to adapt as writers resign and request takedown of stories to avoid potential repercussions
New York Times:
Sources: Paramount and Trump are poised to begin mediation in his $20B lawsuit against CBS News and have picked a mediator for the case in recent days  —  President Trump's $20 billion suit accuses CBS News of deceptively editing an interview with former Vice President Kamala Harris.
Kate Conger / New York Times:
How X became a powerful government mouthpiece, including through a rotating seat in the White House press briefing room occupied by John Stoll, X's head of news  —  On a recent Thursday, journalists cramming into the White House press briefing room saw an unfamiliar face in a rotating seat designated for new media.
Joseph Bambridge / Politico:
OpenAI and Google reject the UK's proposal to allow training AI on copyrighted work without permission unless rights holders opt out to “reserve their rights”  —  The U.K. government's AI copyright plans can't seem to please anyone.  —  LONDON — Leading AI companies OpenAI …
RELATED:
Ella Creamer / The Guardian:
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
 
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 More News: 
Kyle Wiggers / TechCrunch:
Filing: Moonvalley, whose AI model Marey generates “HD” clips up to 30 seconds in length, raised $43M and says it's working on licensing arrangements
Siyanda Mthethwa / Reuters:
Spotify's royalty payouts to South African performers grew 54% YoY in 2024 to $21M, while payouts to Nigerian artists more than doubled to $38M
Discussion: Music Ally and Semafor
 Earlier Picks: 
Jeremy Barr / Washington Post:
Several prominent conservatives in media notably came out against Trump's tariffs, with the most strident criticism coming from WSJ's editorial board
Gretel Kahn / Reuters Institute:
A look at the inroads made by China, Russia, and Turkey in Africa's information ecosystem and the void they will fill now that VOA has been silenced
Charles Martin / AppleInsider:
The BBC complains to the UK CMA that Apple and Google's news aggregators weaken its relationship with the public by downplaying the BBC branding
Discussion: TechCrunch and Telegraph
Ashton Pittman / Mississippi Free Press:
A judge dismisses former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today; Bryant sued in 2023 over reporting about a welfare scandal
Jonathan Vanian / CNBC:
Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed”
 

 
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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