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11:05 AM ET, July 10, 2025

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 Top News: 
Sara Fischer / Axios:
X CEO Linda Yaccarino says that “after two incredible years, I've decided to step down”; X hired Yaccarino in June 2023 after she ran NBCUniversal's ad business  —  X CEO Linda Yaccarino said Wednesday she is stepping down from her role. … - Under her leadership …
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RELATED:
Wall Street Journal:
Sources: Linda Yaccarino told close contacts that some advertisers returning and xAI acquiring X, which effectively demoted her, made it a good time to depart  —  The X CEO stabilized the social-media company's ad business, but contended with an erratic boss and pressure to move faster
New York Times:
Sources: Linda Yaccarino had discussed with X employees her plans to leave the company earlier this week, before Grok's antisemitic replies
Jessica Davies / Digiday:
Condé Nast and Hearst sign multiyear agreements with Amazon to license their content for use in Amazon's AI shopping assistant Rufus; the terms are undisclosed  —  Condé Nast and Hearst have signed multi-year agreements with Amazon to license their content for use in its AI shopping assistant Rufus.
Discussion: Engadget
McKenzie Sadeghi / NewsGuard's Reality Check:
NewsGuard is retiring “misinformation” and “disinformation” as primary labels, saying the words have become meaningless and politicized  —  Welcome to Reality Check, a newsletter that helps you keep track of the false claims and online conspiracy theories that shape our world — and who's behind them.
Financial Times:
Investor letter: US newsroom-cum-hedge fund Hunterbrook Global is valued at $100M after new funding, which a source says will go toward expanding its newsroom  —  Novel investment firm that trades off its reporters' scoops raises fresh capital and plans move into litigation
Amy Hollyfield / Dallas Morning News:
Dallas Morning News parent company DallasNews Corporation signs a merger agreement to be acquired by Hearst, in a deal that values it at $74.9M  —  DallasNews Corporation, the public parent company of The Dallas Morning News and Medium Giant, has signed a definitive merger agreement …
Emily Sundberg / Feed Me:
Substack co-founder Hamish McKenzie is launching a biweekly column on Lachlan Cartwright's Breaker, a publication hosted on Substack rival beehiiv  —  Good day to be the CEO of beehiiv.  —  ∙ Paid  —  Good morning everyone.  Your song of the summer might be Sabrina Carpenter's Manchild or Morgan Wallen's What I Want.
Camille Bromley / Columbia Journalism Review:
Q&A with Megan Greenwell, author of Bad Company, a book on PE firms' impact on media and other industries, on unionization efforts, nonprofit outlets, and more  —  A conversation with the author of Bad Company.  —  In 2019, Megan Greenwell was the editor in chief of Deadspin …
Danielle Broadway / Reuters:
SAG-AFTRA says Hollywood video game voice and motion capture actors signed a new contract with game studios, including AI protections like consent requirements  —  Hollywood video game voice and motion capture actors signed a new contract with video game studios on Wednesday with a focus …
Benoit Berthelot / Bloomberg:
WPP names Microsoft Global Enterprise COO Cindy Rose as CEO, effective September 1, succeeding Mark Read; Rose has been on WPP's board since 2019  —  Rose, 59, will take on the role leading the advertising group beginning Sept. 1, the company said in a statement on Thursday.
Will Potter / Rolling Stone:
A book excerpt details how the US animal agriculture industry helped create “ag-gag” laws criminalizing undercover journalism exposing factory farm abuses  —  An excerpt from “Little Red Barns: Hiding the Truth, from Farm to Fable” reveals how the animal agriculture industry created a new model of repression
 
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 More News: 
Daniel Thomas / Financial Times:
Disney and ITV agree a deal to stream hit shows like The Bear and Love Island on each other's platforms for the first time, starting July 16; both can sell ads
Rebecca Keegan / The Hollywood Reporter:
A look at celebrity impersonation scams and the steps taken by Hollywood to combat them, including a likeness management tool CAA is developing with YouTube
 Earlier Picks: 
Sarah Perez / TechCrunch:
YouTube says it will update its monetization guidelines on July 15, defining “inauthentic” content as “mass-produced and repetitious”, amid a flood of AI slop
Jody Godoy / Reuters:
A US appeals court blocks the FTC's “click-to-cancel” rule that would have taken effect on July 14, saying it didn't conduct a preliminary cost-benefit analysis
BBC:
MasterChef production company Banijay fires host Gregg Wallace after an inquiry into alleged misconduct; 50+ people told the BBC about allegations about Wallace
 

 
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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