Top News:
Yahoo:
Marissa Mayer says she plans to stay at Yahoo, in email to worldwide employees — Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today. Given the interest around our journey to this point, I wanted to share more about today's announcement. -Marissa
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Bloomberg:
Verizon confirms it plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan — Verizon confirms it will buy Yahoo's operating business for about $4.8 billion in cash, Bloomberg News reports. — Yahoo says it will change …
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Verizon FiOS & Custom TV, VentureBeat, Forbes, Forbes, TechCrunch, AppAdvice.com Latest, Recode, Business Insider, Mashable, Fortune and Recode

Politico admits reporter Kenneth Vogel made a mistake sending advance copy of article to DNC, emphasizes no substantive changes were made before publication — No substantive changes were made to the piece, though the arrangement has prompted criticism from the RNC and prominent conservatives.
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Erik Wemple / Washington Post:
Leaked emails show that CNN political commentator Maria Cardona shared a draft op-ed with DNC before she submitted it — On May 18, CNN.com published a pro-Hillary Clinton op-ed by Maria Cardona, a CNN political commentator. Titled “Why Sanders must take the high road,” …

CNN and Donna Brazile mutually agree to suspend contributor contract as she steps in as interim chair of the Democratic National Committee — CNN has suspended Donna Brazile's contributor agreement as she takes the reins of the Democratic National Committee.
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In a year filled with doubts about the media, interviews with over 40 journalists show industry's greatest faults, most pressing challenges, and some optimism — BY THE MEDIA. — For decades, the pollsters at Gallup have been asking Americans if they trust their media.
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FishbowlNY, @devingo913, @ichotiner, @poniewozik, @zachtoombs, @elongreen, @jdawsey1, @scmitchp, @stephenrodrick, @jayrosen_nyu, @leahfinnegan, @gilbertcruz, @mlcalderone and @devingo913
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Responses from 113 journalists on the state of media, covering broad range of topics including public distrust, business models, and the impact of social media — The notion of authority and accountability has been eroded by internet journalism which allows anybody to write anything.

Interviews with about a dozen current and former Fox News employees show sexual harassment and intimidation went beyond Ailes — In 2006, after nearly a decade at CNN, Rudi Bakhtiar came to the Fox News Channel's headquarters in New York with a command of foreign policy …
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Baidu's $2.8B bid for online streaming giant iQIYI collapses due to shareholder pressure — A proposal to buy Chinese online streaming giant iQIYI from China's search engine leader Baidu has collapsed under the weight of shareholder pressure. — A non-binding proposal was put to Baidu …

Wikileaks DNC dump may have been sent to site by Russian government-sponsored hackers — Evidence suggests that a Russian intelligence group was the source of the most recent Wikileaks intel dump, which was aimed to influence the U.S. election. — Close your eyes and imagine …
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The Intercept, New York Times, The New York Observer, CNN, Washington Post, Media Nation, Mother Jones and bookforum.com

China orders web companies, including Tencent, to stop publishing original news reporting, imposes bans on several news portals — Internet portals must shut all original reporting operations — China's top internet regulator ordered major online companies including Sina Corp …

Publishers are pouring more resources into the production of audiobooks after seeing sales grow 21% in the US and Canada in 2015 — Smartphones and multitasking have stoked an explosion in audiobooks. Publishers, spotting a juggernaut, are expanding their offerings and enlisting star narrators.
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@raju and @nadiasdaly