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6:20 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 2023 after running 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:
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.
Wall Street Journal:
Sources: Linda Yaccarino told close contacts that the return of some advertisers and X's merger with xAI, which reduced her role, made it a good time to depart
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
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.
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.
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
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.
 
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 More News: 
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
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
Dominic Preston / The Verge:
WBD renames Max as HBO Max on its website and apps; max.com now redirects to hbomax.com, and users won't need to download a new app, unlike the 2023 Max rollout
 Earlier Picks: 
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
Nicholas Quah / Vulture:
How the NYT's Opinion section is becoming a pillar of the NYT's podcast strategy, which includes embracing video and brand-name hosts, like Wesley Morris
 

 
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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