Top News:
David Folkenflik / NPR:
Sources: NPR aims to trim $5M over the fiscal year starting Oct. 1 to balance its $300M annual budget but doesn't anticipate layoffs or major programming shifts — NPR executives are scanning the horizon for storm clouds even as they are planning a stand-pat budget for the upcoming fiscal year …
Discussion:
@titonka.bsky.social, @davidfolkenflik.bsky.social, @stphnfwlr.com and Poynter
Wall Street Journal:
Sources: under the US-China framework, a US investor consortium that includes Oracle, Silver Lake, and a16z would hold an ~80% stake in TikTok's US business — Oracle, Silver Lake and Andreessen Horowitz are part of consortium that would control 80% stake — TikTok's U.S. business …
Discussion:
Engadget, Syracuse Post-Standard, UPI, CNBC, Reuters, Yahoo Finance, Asia Financial, DatacenterDynamics, Music Ally, New York Magazine, PCMag, Bloomberg, Phandroid, The Overspill, @carnage4life@mas.to, TipRanks Financial, MarketWatch, Pixel Envy, Telegraph, SFist, Baller Alert, Axios, China has signaled …, Sharecafe, PYMNTS.com, MSNBC, Digital Music News, New York Post, The A.V. Club, Tubefilter, JURIST, Daily Caller News Foundation, Ars Technica, CNET, @lexroman.com, @derekberes.bsky.social, Orlando Sentinel, Sherwood News, Variety, TheDesk.net, TechCrunch, PC Gamer, ZeroHedge News, The Wrap, @sky.skymarchini.net, @alanrozenshtein.com, MeidasTouch News, @jaspar.bsky.social, The American Bazaar, BBC, Forbes, CNN, @jamescdownie.bsky.social, Raw Story, Wall Street Journal, Taipei Times, Asia Financial, Motley Fool, Shafaq News, Bloomberg, Yahoo Finance, CBS News, MediaPost, Al Bawaba, Axios, Reuters, CNBC, The Verge, France 24, Ukrainian National News, Washington Post, Arabian Business, KEYE, Silicon Republic, Euronews, The Free Press, Gulf News, Christian Science Monitor, Techstrong IT, Kuwait Times, TipRanks Financial, Vox, Livemint, Daily Mail, Analytics India Magazine, Africanews, The Economic Times and Politico, more at Techmeme »
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Bloomberg:
Trump extends the deadline for ByteDance to divest TikTok's US operations until December 16, the fourth such extension; a deal is expected to be finalized soon — President Donald Trump again extended the deadline for TikTok's Chinese parent ByteDance Ltd. to divest the platform's US operations …
Discussion:
MediaNama, Al Jazeera, The Economic Times, Outlook Business, Anadolu Ajansı …, Kyodo News, Australian Financial Review, China Economic Review, Axios, NZ Herald, Newser, The Information, @zammer.bsky.social, Capital Brief, Reuters, NPR, The Hill, WHDH-TV, TipRanks Financial, New York Times, Deutsche Welle, Newsmax, iPhone in Canada, Fox News, Politico, Outlook India, 9to5Mac, Yahoo Finance, Sherwood News, The Verge, BelfastTelegraph.co.uk and Financial Times, more at Techmeme »
Ben Thompson / Stratechery:
Q&A with YouTube CEO Neil Mohan on new AI tools to help creators, YouTube's dominance on TVs, helping creators better monetize sponsorships, and more — This week's Stratechery Interview is with YouTube CEO Neal Mohan. Mohan joined Google as part of the DoubleClick acquisition in 2007 …
Discussion:
Reuters, YouTube Official Blog, GSMArena.com, Mashable, Agence France-Presse and ICYMI
Oliver Darcy / Status:
A memo from Business Insider EIC Jamie Heller outlines the outlet's AI rules, permitting staffers to use ChatGPT for research and writing first drafts — On Thursday afternoon, Business Insider staffers received a long-awaited memo from editor in chief Jamie Heller, outlining …
Discussion:
Talking Biz News, The Verge, @oliverdarcy.bsky.social and @status.news
Sian Cain / The Guardian:
An interview with Tom Holland and Dominic Sandbrook, hosts of The Rest Is History podcast, which gets 15M downloads a month and has roughly 80K paid subscribers — Tom Holland and Dominic Sandbrook on storytelling, their strangest interactions with fans and bonding over The Lord of the Rings
Patrick Coffee / Wall Street Journal:
Amazon debuts a chatbot-style assistant to help advertisers use AI to make ads, which can run across Amazon's ad inventory and platforms that have Amazon deals — The biggest names in tech are racing to make advertising easier, especially for small businesses and consumer goods companies
Discussion:
Marketing Dive, MediaPost, ZDNET and Bloomberg, more at Techmeme »
Maria Bustillos / Columbia Journalism Review:
Business consolidation of the intermediaries that control book distribution, especially e-books, could be a larger threat to books than recent bans in the US — Access to e-books relies entirely on private distributors that have the power to shut them off at any moment.
Discussion:
@mariabustillos.com and @mariabustillos.com
Matthew Keys / TheDesk.net:
Sources: 18 employees at Nexstar-owned The Hill were either laid off or accepted buyout offers this week; six were editorial staffers represented by the CWA — Nexstar Media Group has issued pink slips and offered buyouts to more than a dozen journalists at its political affairs publication The Hill, The Desk can confirm.
Discussion:
@matthewkeys.net
Hunter Schwarz / Fast Company:
LimeWire, which began as a music sharing service and pivoted to serving as an NFT marketplace, bought Fyre Festival's IP and social media accounts for $245,300 — A match made in hell? — Here's a mash-up you didn't see coming: It turns out that LimeWire was the mystery buyer …
Discussion:
Business Wire, Music Ally, Business Insider, Digital Music News, Variety, Vulture, Deadline, UPI, Dexerto, Gizmodo, Engadget, The Crypto Times, Oh No They Didn't!, Billboard, Bloomberg, New York Times, PCMag, Rolling Stone, TMZ.com, Wall Street Journal, Consequence, NBC News, Yahoo Finance and Stereogum
Hank Green / The Verge:
Q&A with Amy Lanzi, CEO of marketing and ad agency Digitas, on digital marketing, AI's impact on advertising, the creator economy, and more — Hello, and welcome to Decoder! This is Hank Green, the cofounder of Complexly, where we make SciShow, Crash Course, and a bunch of other educational YouTube channels.
Discussion:
MediaPost, @reckless.bsky.social and Ad Age
Lukas I. Alpert / MarketWatch:
Robert Redford's Sundance Film Festival transformed how Hollywood does business, creating a pipeline for independent films to be shown around the world — He built the festival from a small showcase of artsy and message-conscious movies into the largest film festival in the U.S. and a major pipeline …
Discussion:
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Aisha Malik / TechCrunch:
YouTube unveils new generative AI tools for Shorts, including a custom version of Veo 3 called Veo 3 Fast, which includes sound, and an Edit with AI feature — At its Made on YouTube live event on Tuesday, the company unveiled new generative AI tools for Shorts creators.
Discussion:
Chrome Unboxed, Marketing Brew, Music Business Worldwide, The Indian Express, Digit, The Hindu, Business Standard, TestingCatalog, Social Media Today, BMI, Techstrong.ai, Search Engine Journal, Tech in Asia, Norman Brauns on LinkedIn, CNET, Gizmodo, Implicator.ai, TipRanks Financial, Daily Ausaf, Dexerto, Variety, The Information, YouTube Official Blog, iPhone in Canada, Nadim Cheaib on LinkedIn, Wall Street Journal and Bloomberg
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