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11:05 AM ET, November 4, 2025

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 Top News: 
Ashley Carman / Bloomberg:
Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income  —  Spotify Technology SA reported active users and sales in the third quarter that surpassed analysts' expectations even as ad-supported revenue fell.
Jake Evans / ABC:
Australia plans to introduce legislation this week requiring streamers with 1M+ Australian subscribers to spend 10%+ of their local expenditure on local content  —  In short:  —  Streaming platforms such as Netflix, Disney+ and Amazon Prime will be required to spend a share of their local revenue on making Australian programs.
Xander Elliards / The National:
Vogue:
Teen Vogue is joining Vogue.com but will keep its own identity; Vogue Head of Editorial Content Chloe Malle will lead Teen Vogue, as EIC Versha Sharma leaves  —  The transition, in which Teen Vogue will keep its unique editorial identity and mission, fortifies the evolving Vogue ecosystem.
RELATED:
Katie Kilkenny / The Hollywood Reporter:
Condé United and The NewsGuild “strongly condemn” Teen Vogue's consolidation, saying it will throttle staff diversity and blunt its progressive political bent
Todd Spangler / Variety:
YouTube rejects Disney's request to restore ABC on November 4, Election Day, amid an ongoing blackout caused by a dispute over rate hikes and pricing  —  The war of words between Disney and Google continues — on the fourth day of the blackout of ESPN, ABC and other Disney networks on YouTube TV amid a fee dispute.
Sam Tobin / Reuters:
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope”  —  Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Thomson Reuters:
Thomson Reuters reports Q3 revenue up 3% YoY to $1.78B and operating profit up 43% YoY to $593M; Reuters News had $207M in revenue and $42M adjusted EBITDA  —  TORONTO, Nov. 4, 2025 /PRNewswire/ — Thomson Reuters (TSX/Nasdaq: TRI) today reported results for the third quarter ended September 30, 2025:
Discussion: Reuters and Dow Jones Newswires
Katie Deighton / Wall Street Journal:
Coca-Cola releases new AI-generated ads for the 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads  —  ‘Holidays Are Coming’ faster and cheaper for the soda giant, which caught heat last year for its AI-generated ads
Jess Weatherbed / The Verge:
Emma Jacobs / Financial Times:
Corporate podcasts are increasingly incorporating video elements, with major companies like IBM and Google producing video interviews featuring executives  —  Hybrid shows are the latest trend as multimedia corporate communications seek more platforms and bigger audiences
RELATED:
Washington Post:
Source: Laura Loomer has been credentialed to cover the Pentagon, joining a new cohort of right-wing media that have agreed to the Pentagon's new press policy  —  The far-right activist and former congressional candidate has repeatedly criticized defense officials on her website …
Sean James / Mediaite:
In an unaired segment of his 60 Minutes interview on November 2, Trump said CBS paid him a lot of money to settle his lawsuit over Kamala Harris' 2024 interview  —  One part of President Donald Trump's 60 Minutes interview on Sunday that did not air live: The president gloating that CBS paid …
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Cynthia Littleton / Variety:
Trump praised Skydance's Paramount takeover and Bari Weiss' appointment, saying it is the “greatest thing” that has happened “to a free and open and good press”
 
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 More News: 
Charlotte Tobitt / Press Gazette:
Ofcom rules that Talk presenter Kevin O'Sullivan breached due impartiality rules during his January 30 show, rejecting News UK's defence he is a “shock jock”
Discussion: The Guardian
Peter Kafka / Business Insider:
Fox News ran a story based on AI-generated videos about SNAP beneficiaries before correcting the story; Newsmax aired a similar segment with AI-generated clips
Tony Maglio / The Hollywood Reporter:
Paramount says Jon Stewart has renewed his contract to executive produce and partially host The Daily Show through 2026
 Earlier Picks: 
Stevie Bonifield / The Verge:
CODA, a Japanese anti-piracy group representing Studio Ghibli, Square Enix, and others, demands that OpenAI stop using their copyrighted content to train Sora 2
 

 
From Techmeme:

Ivan Mehta / TechCrunch:
Google unveils the Universal Commerce Protocol (UCP), a new open standard that lets AI agents work across different parts of the customer's buying process

Bloomberg:
Malaysia becomes the second country to limit access to Grok, joining Indonesia, over the chatbot's generation of sexual content

Terrence O'Brien / The Verge:
Instagram says there was no breach and it fixed an issue that let an external party send password reset emails, after reports that 17.5M users' data was exposed

 
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