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7:05 PM ET, February 2, 2016


 Top News: 
Betsy Reed / The Intercept:
The Intercept says reporter Juan Thomas fabricated quotes, used fake email accounts to impersonate people, including an alleged source, was on staff until Jan.  —  A Note to Readers  —  The Intercept recently discovered a pattern of deception in the actions of a staff member.
Hank Green:
Fine Brothers controversy explained: how an ill-advised trademark activated a hateful internet mob, leading to 250K lost followers and capitulation  —  The Fine Brothers Controversy Explained  —  One of the largest YouTube channels in the world just lost over 250,000 subscribers.  Why?
Sam Machkovech / Ars Technica:
YouTube stars Fine Brothers rescind plans to trademark terms and license assets related to their “react” videos after backlash  —  Fine Bros back down, rescind trademark claim on the word “react”  —  Claim was for “programs... in the field of observing, interviewing groups of people.”
Ken Yeung / VentureBeat:
Yahoo announces 15% staff cut, will close 5 overseas offices as part of “aggressive strategic plan”, $1.27B in quarterly revenue, up 1.5% YoY, beating estimates  —  Yahoo to lay off 15% of its workforce as part of ‘aggressive strategic plan’  —  Yahoo (YHOO) announced plans today …
Kara Swisher / Re/code:
Yahoo says it's exploring strategic alternatives, plans $400M in cost cuts, asset sales that could bring in $1B+,  —  Yahoo for Sale, Says Yahoo, Finally Admitting the Obvious (Also Q4 Results!)  —  Who cares how Yahoo's business performed in its fourth quarter?  —  The main point: It's officially for sale.
Sarah Perez / TechCrunch:
SoundCloud Gets Its Own Radio Feature With Launch Of “Stations” On iOS And Android  —  With opportune timing, given Apple's decision to put its curated iTunes Radio stations behind a paywall, music streaming service SoundCloud today launched its own take on continuous, lean-back listening with the debut of “Stations.”
Tatiana Siegel / Hollywood Reporter:
Studios reexamine strategy as Netflix and Amazon shift Sundance focus to streaming rights instead of theatrical release, buy 6 high-profile films each  —  Sundance Wrap: Why Netflix and Amazon Dominance Matters  —  The streaming giants scored a combined 12 high-profile acquisitions.
Emily Steel / New York Times:
Industry executives complain that Nielsen data does not reflect consumers' evolving viewing habits  —  Nielsen Playing Catch-Up as TV Viewing Habits Change and Digital Rivals Spring Up  —  Dennis Cheatham said he felt as if he were receiving a message from the past last May when a package arrived …
Jeff Sonderman / American Press Institute:
American Press Institute paper on news as a product outlines best practices for the emerging role of product manager in news organizations  —  Best practices for product management in news organizations  —  News is a product.  —  Conceptually, that is a leap for people from traditional reporting and editing roles.
Amanda Connolly / The Next Web:
Instagram launches 28-part thriller series, Shield 5, posting 15-second clips daily  —  Instagram kicks off its very own 28-part thriller series  —  Instagram has made its first foray into the world of filmmaking, launching its very own 28-part thriller series.
Daniel Holloway / The Wrap:
Fox to cut spending on film, TV staff by $250M through voluntary buyouts  —  Fox Pursues $250 Million in TV, Film Staff Buyouts  —  Media giant 21st Century Fox is looking to cut spending on film and television staff by $250 million this year through buyouts.
Greg Bensinger / Wall Street Journal:
Amazon plans to open “300 to 400” brick-and-mortar bookstores, according to CEO of mall operator General Growth Properties  —  Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO Says  — is planning to open as many as 400 brick-and-mortar bookstores …
Discussion: Fast Company
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 More News: 
The Wrap:
Judge delays approval of Relativity's reorganization plan, citing concerns about fundraising, other issues
Jasper Jackson / Guardian:
PinkNews publishes stories removed from Google under ‘right to be forgotten’
Discussion: mUmBRELLA
Janko Roettgers / Variety:
Fox Innovation Lab hosts two day summit for virtual and augmented reality experts
Jeremy Barr / Ad Age:
Q4 ad revenue at digital media site Elite Daily, owned by Daily Mail's parent company, up 211% YoY, despite traffic plummeting
Agence France-Presse:
European Court of Human Rights rules news websites are not responsible for “insulting and rude” reader comments in case against Hungarian website
 Earlier Picks: 
Joshua Brustein / Bloomberg Business:
Most online publishers hesitate to take action against ad-blockers for fear of upsetting readers
Discussion: Broadcasting & Cable
Alexandra Steigrad / WWD:
The American Society of Magazine Editors Crowns The Atlantic Magazine of the Year at Ellies
Lucia Moses / Digiday:
BuzzFeed clients increasingly seek proof that distributed and native ads work; sources say the news organization missed revenue growth goal last year