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4:30 PM ET, July 22, 2026

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 Top News: 
Samuel Stolton / Bloomberg:
The European Commission grants conditional approval for Paramount's WBD acquisition as long as Paramount ends its EU distribution deal with Universal Pictures  —  Paramount Skydance Corp.'s $110 billion takeover of Warner Bros. Discovery Inc. won conditional approval from the European Union …
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Variety:
WGA seeks an injunction to bar Paramount and WBD from “closing or consummating” their merger or “taking any steps to integrate or consolidate their operations”  —  Union's legal move comes after 12 state attorneys general won a temporary restraining order pausing megadeal
Todd Spangler / Variety:16 minutes ago
Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $11.06B, vs. $10.8B est., and Google's ad revenue reached $81.63B, up from $71.34B in Q2 2025  —  Video giant YouTube, one of the world's biggest entertainment businesses, continues to turn in double-digit increases in ad revenue.
Alexandra Bruell / Wall Street Journal:
Sources: Reddit, Politico, and others mull cutting Google's access to their content for AI as traffic drops; Reddit signed a $60M/year deal with Google in 2024  —  Reddit, Politico and others are weighing how—or even if—they can work with the tech company as AI tools supplant traditional searches
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Charlotte Tobitt / Press Gazette:
How major publishers in the UK are pivoting away from quantity of content towards quality as Google AI changes lead to falling traffic referrals  —  Hearst UK is publishing less articles but “more effective” content overall by asking journalists to explain why they are producing every piece.
Josh Gerstein / Politico:
A US judge rules that Trump must turn over detailed financial information of 400+ companies owned by a family trust in his defamation suit against the BBC  —  MIAMI, Florida- A federal magistrate judge ruled Tuesday that President Donald Trump must turn over detailed financial information …
Charlotte Tobitt / Press Gazette:
Reach reports H1 revenue down 9% YoY to £232.9M, pre-tax profit down 5% to £40.3M, and says it will move “away from volume” to focus on original content  —  Reach is “moving away from volume” in its editorial output to focus on original content as financial results …
Mark Landler / New York Times:
France becomes the first European country to pass a law banning social media access for users under 15, which could go into effect as soon as September 1  —  Its new law, the first of its kind enacted by a European country, will ban access to some accounts for anyone under 15.
Max Tani / Semafor:
News Corp sues privacy-focused search engine Brave, alleging it uses masked web crawlers to bypass publishers' restrictions and deliver “verbatim” AI summaries  —  The Scoop  —  News Corp, the Murdoch family-owned parent company of The Wall Street Journal and the New York Post …
Oliver Darcy / Status:
Source: Clarissa Ward signed just a one-year CNN extension, not a long-term contract, amid friction with executives and concerns over Bari Weiss taking control  —  This past spring, Clarissa Ward was locked in contract negotiations with CNN.  The star journalist, who currently serves …
Dan Shanoff / The Athletic:
Nielsen: the 2026 World Cup final drew 38.9M viewers on Fox and 22M+ on Telemundo; taken together, the US audience size rivaled that of NFL playoff games  —  After a summer of World Cup TV records in the U.S. being reset over and over, the biggest game delivered one final new standard for soccer viewership:
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 Latest News Finder: 
16 minutes ago
Todd Spangler / Variety:
Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $11.06B, vs. $10.8B est., and Google's ad revenue reached $81.63B, up from $71.34B in Q2 2025   Find
50 minutes ago
State of California:
California's Rob Bonta and a 13-state group challenge the appointment of current and recent Nexstar personnel to Tegna's board, after a preliminary injunction   Find
75 minutes ago
Charlotte Tobitt / Press Gazette:
How major publishers in the UK are pivoting away from quantity of content towards quality as Google AI changes lead to falling traffic referrals   Find
2½ hours ago
Samuel Stolton / Bloomberg:
The European Commission grants conditional approval for Paramount's WBD acquisition as long as Paramount ends its EU distribution deal with Universal Pictures   Find
3½ hours ago
Barry Schwartz / Search Engine Roundtable:
A US judge dismisses Google's lawsuit against web scraping service SerpApi, saying plain and aggregated search results are not protected under copyright law   Find
5 hours ago
Mark Landler / New York Times:
France becomes the first European country to pass a law banning social media access for users under 15, which could go into effect as soon as September 1   Find
 
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 More News: 
Anushka Chourasia / Reuters:
UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each
Joe Reedy / Associated Press:
NHL Productions plans to produce and distribute game telecasts for four teams when the season begins, since Main Street Sports shut down; more clubs might join
 Earlier Picks: 
 

 
From Techmeme:

Director Michael Kratsios / @mkratsios47:
White House OSTP Director Michael Kratsios says “we have information that Moonshot AI distilled Anthropic's Fable for the development of its K3 model”

Andrew Romero / 9to5Google:
Samsung unveils the $2,100+ Galaxy Z Fold 8 Ultra, featuring its “most advanced foldable design”, a Flex Titanium display, a 5,000mAH battery, and Android 17

Wall Street Journal:
AMD and Anthropic sign a server deal for tens of billions; Anthropic will buy up to 2GW of MI450 chips from H1 2027, and AMD will invest up to $5B in Anthropic
 
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