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6:55 PM ET, July 7, 2025

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 Top News: 
Max Tani / Semafor:
Sources: the NYT rushed to publish its story on Zohran Mamdani's Columbia application out of fear of being scooped by other reporters, such as Christopher Rufo  —  THE SCOOP  —  The afternoon before a long holiday weekend isn't always the best time to drop a major scoop.
RELATED:
Liam Scott / Columbia Journalism Review:
Media ethics experts, New York Times contributors, and others say the way that the NYT presented its Zohran Mamdani article raises significant ethical concerns  —  “What matters most here is whether the information was true and factual,” the Times' Patrick Healy told CJR.
Patrick Healy / @patrickhealynyt:
[Thread] An NYT standards editor responds to criticism of its recent Zohran Mamdani story, saying the “ultimate source” was Columbia data that Mamdani confirmed
The Information:
Sources: TikTok plans to launch a new app version on September 5, ahead of the US' September 17 divest-or-ban enforcement deadline, that US users must switch to  —  TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors.
Reuters:
Reuters says its X account was restored a day after being suspended in India over a “legal demand”; the Indian government denies issuing an order to restrict it  —  The Reuters News account on X has been inaccessible to users in India since Saturday, when the social media platform suspended …
Semafor:
Fortune told staff that former editor Nick Lichtenberg was returning to “test ways to use AI to deliver breaking news faster” via a Fortune Intelligence section  —  Media companies are continuing to push the boundaries of how AI can be incorporated into journalism.
Yvonne Condes / Washington Post:
How LA Taco, an independent local media outlet with a six-person news team, became an essential news source covering the recent ICE raids and protests in LA  —  L.A. Taco has become a formidable media outlet amid the Trump administration's immigration crackdown and the resulting protests.  —  Summary51
Ben Smith / Semafor:
Punchbowl News plans to launch weekly YouTube show Fly Out Day, aiming to be a “modern political show that is very in the moment” with “sharp interviews”  —  Co-Founder and Editor-in-Chief, Semafor  —  The Capitol publication Punchbowl News will launch …
Jaspreet Singh / Reuters:
Trump Media launches its streamer Truth+ globally, featuring the cable channel Newsmax, allowing the conservative outlet to grow its presence outside the US  —  Trump Media & Technology Group (DJT.O) launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to support the company's expansion.
Dan Primack / Axios:
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media  —  Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.
Jill Goldsmith / Deadline:
A second 90-day extension on Paramount's proposed sale to Skydance has been automatically triggered, allowing more time for FCC approval  —  A second 90-day extension on Paramount Global's proposed sale to David Ellison's Skydance automatically triggered today as per the deal agreement …
RELATED:
Dominic Patten / Deadline:
Trump tells reporters that “We did a deal for about $16M plus $16M, or maybe more than that in” ads with CBS, which denies PSAs were part of the settlement
Ian Bogost / The Atlantic:
Velvet Sundown, an AI‑created band with 850K+ monthly Spotify listeners and two albums in June alone, shows how some listeners are turning to anodyne AI music  —  “ Rubber burns, the map fades away / Chasing the ghosts of yesterday.”  Sure, fine.  —  The traffic receded as Chicago withdrew …
 
 Latest News Finder: 
2½ hours ago
Jill Goldsmith / Deadline:
A second 90-day extension on Paramount's proposed sale to Skydance has been automatically triggered, allowing more time for FCC approval   Find
3 hours ago
New York Times:
Sources: Manchester United ended negotiations with Amazon Prime for an access-all-areas documentary for which Amazon offered significantly more than £10M   Find
4 hours ago
Mark K. Miller / TVNewsCheck:
Gray Media and E.W. Scripps agree to swap TV stations across five mid-size and small markets, an even exchange of comparable assets with no cash involved   Find
5½ hours ago
Jaspreet Singh / Reuters:
Trump Media launches its streamer Truth+ globally, featuring the cable channel Newsmax, allowing the conservative outlet to grow its presence outside the US   Find
6 hours ago
Daniel Thomas / Financial Times:
Independent labels and trade associations urge the EU to probe UMG's $775M acquisition of music services company Downtown, saying it gives UMG too much power   Find
7 hours ago
Dan Primack / Axios:
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media   Find
 
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 More News: 
Henry Mance / Financial Times:
Channel 4 airs Gaza: Doctors Under Attack, the documentary dropped by the BBC; its producer says the BBC's subservience to politics is “ruining” the corporation
BBC:
The BBC names Newsbeat Deputy Editor Julian Vaccari as the new editor of Question Time, starting in August ahead of the program's September return
 Earlier Picks: 
Clay Risen / New York Times:
Jim Shooter, who revitalized the comics industry as the editor-in-chief of Marvel from 1978 to 1987, died at age 73
Discussion: Comic Book and Kotaku
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Ruoming Pang, head of the foundation models team at Apple, is leaving to join Meta, which offered a package worth tens of millions of dollars per year

Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity

Sri Muppidi / The Information:
OpenAI told investors stock compensation jumped over 5x last year to $4.4B, or 119% of total revenue for that period but expects it to drop to under 10% by 2030
 
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