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12:15 PM ET, February 18, 2026

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 Top News: 
Jack Dunn / Variety:
Stephen Colbert says CBS released its statement “without ever talking to me” and talk shows have long been exempt from “equal time” rules  —  On Tuesday night's broadcast of “The Late Show,” Stephen Colbert slammed his home network, CBS, for releasing a statement denying …
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Alex Weprin / The Hollywood Reporter:
Stephen Colbert says CBS lawyers blocked an interview with Democratic US Senate candidate James Talarico, citing the FCC's equal time guidance for TV talk shows
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Todd Spangler / Variety:
CBS says The Late Show was not prohibited from broadcasting a James Talarico interview and was given “legal guidance” that a broadcast could trigger an FCC rule
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Cameron Adams / The Daily Beast:
Sources: CNN restricted staff from using its platforms for self-promotion, after Jake Tapper pushing his Joe Biden book turned into a “rolling infomercial”  —  TURNING A PAGE  —  The anchor is said to be “very, very unhappy” at the network's new policy on self-promotion.
The Keyword:
Google rolls out Lyria 3, a generative music model that can make 30-second tracks with Nano Banana cover art, in beta in the Gemini app in eight languages  —  The Gemini app now features our most advanced music generation model Lyria 3, empowering anyone to make 30-second tracks using text or images in beta.
Aisha Malik / TechCrunch:
Snap says its direct revenue business has reached a $1B ARR, driven primarily by Snapchat+ surpassing 25M subscribers since its 2022 launch  —  Snap's direct revenue business has reached a $1 billion annualized revenue run rate, the company announced on Wednesday.
Charlotte Tobitt / Press Gazette:
The Irish Times says it now has ~150,000 print and digital subscribers, and it has reached a milestone where subscriber revenue fully funds its journalism  —  Revenue generated by subscribers to The Irish Times is now fully funding its journalism for the first time.
Discussion: @metacurity.com
Olivia Empson / Wall Street Journal:
A profile of women-focused conservative magazine Evie, founded in 2019 and named for a modern take on the Bible's original woman, with 192K Substack followers  —  Named for a modern version of the Bible's original woman, Evie aims to reach a new kind of conservative: the churchgoing, city-dwelling, working young mother
Discussion: Wired and Vanity Fair
 
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 More News: 
Cristina Criddle / Financial Times:
Perplexity says it has no plans to further pursue ads, which it introduced in 2024, after phasing them out in late 2025 over fears they would erode user trust
Lorenzo Franceschi-Bicchierai / TechCrunch:
Amnesty research: a government customer of spyware maker Intellexa hacked the iPhone of journalist Teixeira Cândido in Angola in 2024 via Predator spyware
Sarah Perez / TechCrunch:
Automattic adds an AI assistant to WordPress.com, enabling users to perform site-wide layout and style modifications via natural language commands
 Earlier Picks: 
Krystal Hur / Wall Street Journal:
Filing: Berkshire Hathaway reports that it purchased 5.1M shares of The New York Times during the December quarter; NYT rises 3%+ pre-market
Todd Spangler / Variety:
Paramount says it is “prepared to engage” with WBD on takeover talks during a seven-day negotiating window, but doesn't say whether it will raise its bid
Charlotte Tobitt / Press Gazette:
Mediahuis is experimenting with AI agents for commissioning, writing, and more to “automate first line news”, which is reviewed by humans prior to publication