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10:25 AM ET, February 3, 2016


 Top News: 
Betsy Reed / The Intercept:
The Intercept says reporter Juan Thompson fabricated quotes, used fake email accounts to impersonate people, including 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.
Sydney Smith / iMediaEthics:
Talking Points Memo Unpublishes Juan Thompson Essay, Trust with Writer ‘Irrevocably Broken’  —  Talking Points Memo unpublished a freelance first-person essay by Juan Thompson, The Intercept reporter who was fired for fabrication.  —  Talking Points Memo said it didn't believe Thompson's story …
Kara Swisher / Re/code:
Yahoo is exploring “strategic alternatives”, says its chairman; CEO Marissa Mayer outlines plans for $400M in cost cuts and 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?
William Alden / BuzzFeed:
Yahoo writes down Tumblr's value by $230M, nearly a quarter of what it paid for it in 2013  —  Tumblr Has Lost Almost A Quarter Of Its Value Under Yahoo's Ownership  —  The scene at Tumblr's Year In Review 2014 at Brooklyn Night Bazaar.  —  Rob Kim / Getty Images
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 …
Alex Weprin / Politico:
ESPN's FiveThirtyEight launching a presidential documentary series  —  FiveThirtyEight, the ESPN-owned news site which emphasizes data over political punditry, is launching a documentary series called “FiveThirtyEight's Election.”  —  The six-part series, which will be produced by ESPN Films …
J.K. Trotter / Gawker:
Harper's Editor-in-Chief Christopher Cox Suddenly Fired After Editing Only Three Issues  —  Last fall, Harper's publisher and CEO John R. MacArthur promoted Christopher Cox, then serving as deputy editor of the 165-year-old literary and political magazine, to editor-in-chief.
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 …
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.”
Hollywood Reporter:
New York City mayor Bill de Blasio appoints Julie Menin as city's film czar as agency expands into more segments including digital distribution  —  Julie Menin Named New York City Film Czar  —  Julie Menin has been chosen by Mayor Bill de Blasio to serve as New York City's new film czar, it was announced Tuesday morning.
Malathi Nayak / Reuters:
Comcast Q4: beats expectations with $19.25B total revenue, up 8.5%, video subscribers up 89K; NBCU revenue up 13% to $7.5B  —  Comcast revenue beats Street as NBCUniversal, Internet units grow  —  Comcast Corp posted better-than-expected fourth-quarter revenue on Wednesday …
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 More News: 
The Wrap:
Judge delays approval of Relativity's reorganization plan, citing concerns about fundraising, other issues
Discussion: Variety and Hollywood Reporter
Jasper Jackson / Guardian:
PinkNews publishes stories removed from Google under ‘right to be forgotten’
Discussion: mUmBRELLA
Hank Green:
Fine Brothers controversy explained: how an ill-advised trademark activated a hateful internet mob, leading to 250K lost followers and capitulation
 Earlier Picks: 
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
Amanda Connolly / The Next Web:
Instagram launches 28-part thriller series, Shield 5, posting 15-second clips daily