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12:35 PM ET, September 5, 2025

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 Top News: 
Wall Street Journal:
The EU fines Google €2.95B for abusing its dominance in digital ads, and says its preliminary stance is that Google must divest parts of its ad-tech business  —  Bloc's antitrust regulators say search giant may need to divest parts of its business  —  BRUSSELS—The European Union fined …
RELATED:
Addison Cummings / The New York Times Company:   NYT names Real Estate Editor Nikita Stewart as its new Metro editor; she has held various NYT positions and worked at The Star-Ledger and The Washington Post
Winston Cho / The Hollywood Reporter:
WBD files a copyright suit against Midjourney, accusing the startup of using its content to train AI and letting users generate images of characters like Batman  —  The lawsuit against Midjourney was filed as a growing contingent of Hollywood steps into the fight over generative artificial intelligence.
Nellie Andreeva / Deadline:
Memo: Paramount announces a full return-to-office policy starting in January 2026 and offers a “severance opt-in program” for New York and Los Angeles workers  —  The latest is a return to office policy that requires all employees to be in the office five days a week.
Benjamin Mullin / New York Times:
PBS is cutting 100 positions, or about 15% of its staff, including 34 immediate layoffs, after Congress stripped $500M in annual funding from public media  —  Congress voted this year to strip $500 million in annual funding from public broadcasters, including PBS stations.
Alex Weprin / The Hollywood Reporter:
Hello Sunshine CEO Sarah Harden is stepping down, and Maureen Polo will succeed her; CFO Corey Shepardson has been named COO and will run business operations  —  Polo joined the Reese Witherspoon-founded company in 2022 as head of direct-to-consumer.  —  Hello Sunshine is shaking up its C-suite …
Discussion: Variety, The Wrap and Deadline
Ted Johnson / Deadline:
A federal judge dismisses Newsmax's antitrust lawsuit against Fox News as a “shotgun complaint” and gives Newsmax until September 11 to refile  —  U.S. District Judge Aileen Cannon, in an order issued on Friday, noted that Newsmax alleged violations of the Sherman Act …
Discussion: The Wrap
Max Tani / @maxwelltani:
CBS News implements a new policy: “Face the Nation will now only broadcast live or live-to-tape interviews” following complaints from DHS  —  New: CBS News has changed its interview format in reaction to complaints from DHS. According to a statement from a network spokesperson, Face The Nation will now only broadcast live or live to tape interviews [image]
Amy Lewin / Sifted:
The FT confirms plans to wind down The Next Web's events and media business by the end of September “following a strategic review”; the FT bought TNW in 2019  —  The Amsterdam tech conference won't be back in 2026  —  The Next Web (TNW), the annual Amsterdam tech conference bought …
Discussion: Silicon Canals and EU-Startups
Binaj Gurubacharya / Associated Press:
Nepal says it is blocking most major social media platforms, including Facebook, X, and YouTube, after the companies failed to register with the government  —  Nepal's government said Thursday it is blocking most social media platforms including Facebook, X and YouTube because the companies failed …
Tripp Mickle / New York Times:
Ads during the Chargers-Chiefs NFL game on YouTube on September 5 will cost ~$30 for every 1,000 viewers, more than double what YouTube usually gets  —  A YouTube commercial in Times Square for Friday night's game.Video by Tony Cenicola/the New York Times  —  Neal Mohan, the chief executive …
 
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 More News: 
Alice Brooker / Press Gazette:
An interview with Newsquest CEO Henry Faure Walker on the regional publisher's focus on local news; paid digital subs have risen 35% YoY to 135K
Jay Peters / The Verge:
Meta rolls out a tool that lets users attach up to 10,000 characters of text to Threads posts, building upon Threads' 500-character text limit for posts
 Earlier Picks: 
Rogue:
Former Polygon employees launch worker-owned video game website Rogue; Valnet laid off Polygon staff in May after buying the outlet from Vox
Charlotte Tobitt / Press Gazette:
The Daily Mail names Greta Lawn to the newly created position of president for North America to lead revenue growth
France 24:
France's CNIL fines Google €325M for placing tracking cookies and ads in Gmail without users' consent; Google says it is reviewing the decision
Tony Maglio / The Hollywood Reporter:
Luminate: Apple TV+ has all but abandoned animated shows, ordering just six animated series in 2024, a 60% drop compared to 15 orders each in 2022 and 2023
 

 
From Techmeme:

Wall Street Journal:
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company

Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month

Echo Wang / Reuters:
Meta acquires Limitless, which makes a pendant-style AI wearable that records and transcribes real-world conversations; Limitless has raised more than $33M
 
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