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:
@lindayax, The Guardian, Adweek, NPR, Digiday, Variety, CBS News, Engadget, @elonmusk, Business Insider, SiliconANGLE, Wall Street Journal, TheStreet, @thegrimrecapper.bsky.social, @r.v.cx, TechCrunch, @shannonisblue.bsky.social, @hwtunnt.bsky.social, @kylebrussell, Washington Post, Wall Street Journal, Bloomberg, @nycsouthpaw.bsky.social, @brendelbored.bsky.social, @mama-roxy.bsky.social, PCMag, Telegraph, The Indian Express, @gaius.bsky.social, UPI, @trosen76.bsky.social, @karlbode.com, @noahdahl.bsky.social, Reuters, Lauren Brewster on LinkedIn, Mashable, @thanksihateit603.bsky.social, @garethwatkins.bsky.social, @evilgalprods.bsky.social, @alradley.com, CNBC, @lauralupardus.bsky.social, Mirror, @dankennedy.net, @veryimportant.lawyer, @stupidlikeafox.bsky.social, 9News, NDTV Profit, Fortune, New York Post, New York Daily News, @jazwgn.bsky.social, @electproject.bsky.social, @markgongloff.bsky.social, The Hollywood Reporter, The Wrap, @champagnevideo.bsky.social, TMZ.com, @chilangolandia.bsky.social, @joshsternberg.com, TechCrunch, Decrypt, @emily.gorcen.ski, @pjsauer.bsky.social, @whitesided.bsky.social, @cassiuskent.bsky.social, Moneycontrol, @warriorrabbit.bsky.social, PYMNTS.com, @eddierobson.bsky.social, Raw Story, @jarjour.bsky.social, @dancow.bsky.social, Crypto Briefing, NBC News, Associated Press, @sighjinks.bsky.social, TVNewsCheck, @unclecranky.bsky.social, @clayranck.bsky.social, @sonicherosfan.bsky.social, @dceiver.bsky.social, @filmmakerjulie.bsky.social, @johnvoelcker.bsky.social, @kevinwardrop.nitemayr.com, @erikhane.bsky.social, @leftwingbarner.bsky.social, @jacobharr.is, BelfastTelegraph.co.uk, NewsMax.com, @malwarejake.bsky.social, @bayareadata.press, Robert Rose on LinkedIn, Futurism, Fox Business, @murderwizard.bsky.social, @timprice.bsky.social, MSNBC, @msderohanes.bsky.social, Breitbart, @bristei, Fast Company, Politico, HuffPost, @peebsy0.bsky.social, The Daily Caller, @paretooptimizer.bsky.social, @ryancasey.dev, @hammancheez.bsky.social, @bgrueskin.bsky.social, Newser, Gizmodo, @boldroastrev.bsky.social, Business Standard, @malwarejake.bsky.social, @edwardodell.bsky.social, CNN, The Gateway Pundit, @apeemoji.bsky.social, @markellinwood.bsky.social, @kantrowitz, Mediaite, @jakesherman, @0xkrma, Financial Times, @carlnyberg312.bsky.social, @niedermeyer.online, @mobute.bsky.social, The Independent, The Economist, Fortune India, @revdjesq.bsky.social, @siltyloam.bsky.social, The Post Millennial, Rolling Stone, TESLARATI, Observer, Deadline, Barrett Media, The Hill, BMI, MacDailyNews, Sherwood News, The Verge, Gamereactor UK and Pixel Envy, more at Techmeme »
RELATED:
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:
Variety, Rolling Stone, TheDesk.net, Deadline, Wall Street Journal, Sydney Morning Herald, The Verge, Reuters, CNN, NBC News, CNBC, The Information, Social Media Today, Ars Technica, The Wrap, Jeremy Goldman on LinkedIn, People, Adweek, The Drum, Variety, @clarajeffery.bsky.social, ABC, Entrepreneur, Sherwood News, @rmac.bsky.social, TheStreet, Wired, Inside Bitcoins, Plain Dealer, Digit, Le Monde, implicator.ai, The Decoder, Engadget, NPR, Mediaite, Decrypt, The Times, Mother Jones, Associated Press, @ryanlcooper.com, ZeroHedge News, Cryptopolitan, New York Magazine, Futurism, @mariopro.bsky.social, CBC News, Bloomberg, Inc.com, 9to5Mac, Irish Independent, Barron's Online, SFist, theJasmineBRAND, @joshsternberg.com, Los Angeles Times, WinBuzzer, CoinGape, Fortune, The Gateway Pundit, Fast Company, RedState, The Week, One America News Network, @rileytestut@mastodon.social, San Francisco Chronicle, Straight Arrow News, Kotaku, Digital CxO, @igb@mastodon.hccp.org, MarketWatch, TechCrunch, Washington Examiner, Newsweek, Blockchain News, BBC, New York Post, The American Bazaar, Business Insider, @thedextriarchy.bsky.social, Yahoo Finance, Barrett Media, TVNewsCheck, Euractiv, Metro.co.uk, The National Pulse, Daily Sabah, New York Daily News, Austin Business Journal, The Hill, @mattnavarra.com, Forbes, Time, PC Gamer, israelhayom.com, HuffPost, New Republic, Axios, Digiday, Gamereactor UK, The Daily Wire, Pixel Envy, CBS News and Zeteo, more at Techmeme »
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 and The Warning with Steve Schmidt
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.
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
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 — Victims think they're talking to Keanu Reeves. Or Kevin Costner. Then come the pleas for cash.
Discussion:
Dexerto, NextDraft, @davidblue.bsky.social, @akelacooper.bsky.social and Oh No They Didn't!
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:
Simon Owens's Media Newsletter, Time and Kat Downs Mulder on LinkedIn
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., Puck, Awful Announcing, Redmond Pie, OutKick, iClarified, Spyglass, BGR, Front Office Sports, Apple Must, Thurrott, iDrop News, The Streamable, Benzinga, @kennysmith.bsky.social, Fortune, BlackBook Motorsport, TechCrunch, @culturecrave.co, David Deal on LinkedIn, @ft, iDownloadBlog.com, Sports Business Journal, Engadget, Arabian Business, AppleInsider, Yahoo Finance, Neowin, 9to5Mac, MacRumors, MacDailyNews and iLounge
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:
Cryptopolitan, Reuters, Autorité de la concurrence and Indicator
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]
Discussion:
The Wrap
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 …
