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8:55 PM ET, April 30, 2025

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 Top News: 
Meta:
Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
RELATED:
Axios:
PBS CEO Paula Kerger says she is “hopeful” more Republicans will back the public broadcaster, and PBS would defend “vigorously” if someone went after its board  —  PBS CEO Paula Kerger said Wednesday she's “hopeful” more Republicans will back the the public broadcaster …
RELATED:
Axios:
A look at all the ways Trump targeted media in his first 100 days, including banning AP from White House events, FCC investigations, and defunding USAGM  —  News that Attorney General Pam Bondi is resuming the practice of trying to seize reporters' phone records to smoke out leakers is the latest …
Alex Isenstadt / Axios:
The White House launches White House Wire, a website that looks similar to the Drudge Report, to promote pro-Trump news stories  —  The White House has launched a new Drudge Report-like website devoted to promoting pro-Trump news stories.  —  Why it matters: The site, called “White House Wire …
David Bauder / Associated Press:
WaPo has banned its media writers from reporting stories about the paper and reportedly lost ~325K subscribers after the Harris non-endorsement  —  After a brutal year of headlines about The Washington Post, Executive Editor Matt Murray sounded almost relieved to be talking about journalism.
Todd Spangler / Variety:
Trump falsely claims CBS and 60 Minutes admitted to the “crime” of deceptively editing a Harris interview, says he'll sue NYT for calling his CBS suit baseless  —  President's comments come as his lawyers and Paramount Global's legal team are reportedly set to begin mediation in his $20 billion lawsuit
RELATED:
New York Times:
Sources: the Paramount board has outlined acceptable financial terms for a potential settlement with President Trump ahead of mediation, set to begin April 30
Mike Masnick / Techdirt:
The GOP used legal threats to take down billboard ads bought by Democrats in March, a blatant SLAPP demand and potentially a 1A violation  —  The “Party of Free Speech” is at it again.  House Speaker Mike Johnson just bragged about using legal threats to remove his opponents' political advertising …
Murray Stassen / Music Business Worldwide:
Memo: Apple names Ole Obermann and Rachel Newman as new Apple Music co-heads, reporting to VP Oliver Schusser; Obermann previously led TikTok's music strategy  —  In February, MBW broke the news that Ole Obermann was leaving his role as Global Head of Music Business Development at ByteDance after five and a half years.
Jake Kanter / Deadline:
Christiane Amanpour joins UK audio company Global to launch original podcasts; she will continue in her role as CNN's chief international anchor  —  Christiane Amanpour, the respected CNN anchor, is joining UK audio company Global to launch a number of original podcasts.
Discussion: Global and The Guardian
 
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Minho Kim / New York Times:
A federal judge orders the Trump administration to pay Radio Free Europe/Radio Liberty $12M for its April funding, which USAGM has withheld
 

 
From Techmeme:

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

Mike Isaac / New York Times:
Meta says it is shifting some of its investment from metaverse toward AI glasses and wearables, and “we aren't planning any broader changes than that”

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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