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10:50 PM ET, August 18, 2016

Mediagazer

 Top News: 
J.K. Trotter / Gawker:
Gawker.com announces it will shut down next week, after nearly 14 years of operation  —  After nearly fourteen years of operation, Gawker.com will be shutting down next week.  The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media's six other websites …
RELATED:
Benjamin Mullin / Poynter:
In memo, Gawker's Nick Denton says he will not join Univision and is getting out of news and gossip business  —  Nick Denton, the founder of Gawker.com, toasted the website Thursday in a memo to staff in the wake of the announcement that the site is closing before Univision takes possession of its parent company.
Philip Bump / Washington Post:
Gawker.com incubated writers who wrote with fearlessness and style, influencing broader web  —  If this is your first day reading an article on the web: Hello and welcome.  If it isn't, you should be aware that much of what you've read on the web to this point has been shaped by the style …
Univision:
Univision formally announces Gawker Media acquisition for $135M, will not operate Gawker.com  —  Acquisition of Digital Assets will Reinforce UCI's Digital Strategy and is Expected to Increase Fusion Media Group's Digital Reach to Nearly 75 Million Uniques, Building on Recent Investments in FUSION …
Ken White / Popehat:
Gawker's fate shows the US legal system is receptive to abuse that suppresses speech, and not just from vengeful billionaires  —  Gawker has occasionally provided quality journalism and entertainment.  That doesn't stop me from despising its amoral and repulsive ethos.
Sydney Ember / New York Times:
The New York Times will retire its NYT Now app starting the week of August 29; at its peak in May 2015, the app had 334K total unique users  —  In early 2014, The New York Times introduced an app called NYT Now that would provide a curated list of stories — for a lower price …
Bloomberg:
Sources: Viacom-Redstone battle ends with CEO Philippe Dauman stepping down with $72M severance package and COO Tom Dooley serving as interim CEO  —  COO Tom Dooley to take over as interim chief executive officer  —  Media company's directors have pressed the combatants for deal
Katie Benner / New York Times:
Twitter says it has suspended 235K accounts since February for promoting terrorism, bringing total to 360K since mid-2015  —  SAN FRANCISCO — Twitter suspended 235,000 accounts that promoted terrorism over the last six months, as part of a continuing effort to keep people from using …
Chris Ariens / TVNewser:
CNN announces CNN AIR, a drone reporting unit with two full-time drone operators gathering news for CNN, Turner, and Time Warner  —  Following 15 months of testing, CNN today announced it is launching CNN Aerial Imagery and Reporting, or CNN AIR for short.  —  The CNN AIR team …
Margaret Sullivan / Washington Post:
Gretchen Carlson is close to settling sexual harassment case against Roger Ailes, but she should go to court to keep issues she exposed in the public eye  —  For Gretchen Carlson, a big settlement in her sexual harassment lawsuit against Roger Ailes might be the best outcome personally.
Charlie Warzel / BuzzFeed:
Twitter rolls out quality filter setting to all, letting users filter “lower-quality content” from notifications, but it may not stop targeted non-spam abuse  —  The changes come one week after a BuzzFeed News investigation into Twitter's decade-long failure to stop abuse.
Mother Jones:
Prison investigation by Mother Jones staff writer Shane Bauer took over 18 months and cost about $350K; banner ads that ran on the article brought in $5K  —  This June, we published a big story—Shane Bauer's account of his four-month stint as a guard in a private prison.
The Huffington Post:
Donald Trump's presidential campaign has produced a civil war in conservative media, which will lead to a post-election reckoning  —  “There are elements of the entertainment wing of the Republican Party that need to be dealt with.”  —  During the 1990s, no one had a run quite like The American Spectator.
Discussion: The Daily Caller and @ericgeller
RELATED:
Ben Smith / BuzzFeed:
Trump's partnership with Steve Bannon highlights the blurred lines between journalism and media activism
 
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 More News: 
Vicky Ward / Esquire:
Esquire reporter Vicky Ward reveals that Jared Kushner, owner of The New York Observer, asked that she pursue a retaliatory hit piece on developer Richard Mack
Susannah Nesmith / Columbia Journalism Review:
A second Gatehouse Media newspaper in Florida, the Sarasota Herald-Tribune, takes steps to unionize with the NewsGuild as buyouts loom
 Earlier Picks: 
Wall Street Journal:
Sources: Gannett sweetens bid for Tronc, which had rejected prior bid of $15 per share and is expected to respond by the end of the week
Discussion: Fortune, The Wrap and Deadline
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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