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 2023 after running NBCUniversal's ad business — X CEO Linda Yaccarino said Wednesday she is stepping down from her role. … - Under her leadership …
Discussion:
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New York Times:
Sources: Linda Yaccarino had discussed her plans to leave with X employees earlier this week, before Grok's antisemitic posts — Linda Yaccarino, whom Elon Musk hired to run X in 2023, grappled with the challenges the company faced after Mr. Musk took over.
Discussion:
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BBC:
MasterChef production company Banijay fires host Gregg Wallace after an inquiry into alleged misconduct; 50+ people told the BBC about allegations about Wallace — Gregg Wallace has been sacked as MasterChef presenter as a result of an inquiry into alleged misconduct, BBC News understands.
Matt Smith / Press Gazette:
An interview with Judd Legum about his Substack Popular Information, which has three reporting staff and 20K+ paying subs, with an estimated $1M+ annual revenue — Judd Legum, who runs one of the top US politics paid newsletters, says his journalism and much of what appears on Substack …
Discussion:
@simonowens
Ben Mullin / @benmullin:
In an email to WaPo staff, Will Lewis asks those who do not feel aligned with the paper's “significant reinvention” to consider taking buyouts — Will Lewis emails the Washington Post staff, encouraging those who “do not feel aligned” with the company's future plans to consider the buyout offer. [image]
Financial Times:
Sources: Apple is in talks to acquire the US streaming rights for Formula 1, following the success of F1 the Movie, which has generated ~$300M at the box office — iPhone-maker is challenging Disney's ESPN to screen car series — Apple is in talks to acquire the US rights to screen Formula 1 …
Discussion:
ESPN Press Room U.S., Benzinga, Awful Announcing, TechCrunch, Thurrott, Fortune, iDownloadBlog.com, Redmond Pie, iClarified, Spyglass, BGR, Front Office Sports, Apple Must, iDrop News, The Streamable, @kennysmith.bsky.social, Neowin, Engadget, Sports Business Journal, @ft, Arabian Business, AppleInsider, Yahoo Finance, 9to5Mac, MacRumors, iLounge, MacDailyNews and MacTech.com, more at Techmeme »
Sophie Endrud / Poynter:
A look at The Examination, a nonprofit investigative news outlet with ~20 staffers launched in 2023 that focuses on Big Food, tobacco, pollution, and drugs — Ben Hallman and his team of almost 20 are taking on four of the biggest global industries, one health investigation at a time
Discussion:
Sasha Chavkin on LinkedIn
Digiday:
A look at Yahoo Creators, launched in March 2024, offering creators a 50/50 ad revenue split for posting original written content, with 135 creators signed up — As Yahoo's creator program matures, the company is increasingly evolving from a publisher into a creator platform in its own right.
Discussion:
Time and Kat Downs Mulder on LinkedIn
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 — A U.S. appeals court blocked a rule that would have required businesses to make it as easy to cancel subscriptions …
Discussion:
Variety, Gizmodo, The Guardian, Digital Music News, PCWorld, WPXI-TV, Pocket-lint, Sam Stern on LinkedIn, Fortune, Tom's Guide, AppleInsider, @linamkhan, Retail TouchPoints, 9to5Mac, @sarahmillerdc, PYMNTS.com, Raw Story, UPI, @tyschwab, @johnpelwood, How-To Geek, @brucecoligan, The A.V. Club, Tech Times, @emilyforco, The Verge, @econliberties, @mikesacksesq, @joshwright1977, The US Sun, TVNewsCheck, MediaPost, @carnage4life@mas.to, The Hill and Cord Cutters News
Benoit Berthelot / Bloomberg:
France's antitrust regulator has notified Meta of a potential antitrust violation, accusing it of abusing its dominant position in the online ad sector — France's antitrust regulator said it notified Meta Platforms Inc. of a potential violation of competition rules relating to the online advertising sector.
Discussion:
Reuters, Autorité de la concurrence and Indicator
Sarah Perez / TechCrunch:
YouTube is updating its monetization guidelines on July 15, defining “inauthentic” content as “mass-produced and repetitious” amid concerns over AI slop — YouTube is preparing to update its policies to crack down on creators' ability to generate revenue from …
Discussion:
Gizmodo, MEDIANAMA, Search Engine Journal, Business Today, Tom's Guide and Plagiarism Today, more at Techmeme »
Arab News:
Semafor appoints Matthew Martin as its Saudi Arabia bureau chief and its global head of sovereign wealth fund coverage, as it expands its Gulf coverage — DUBAI: Semafor has appointed Matthew Martin as its Saudi Arabia bureau chief and global head of sovereign wealth fund coverage as the news platform expands its Gulf edition.
Discussion:
@semaforben
