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11:05 AM ET, September 24, 2016

Mediagazer

 Top News: 
Seth Stevenson / Wall Street Journal:
Snap Inc., formerly Snapchat, unveils Spectacles, glasses that record up to 10 seconds of video at a time with a tap of a button, to be sold this fall for $130  —  IN AN UNMARKED BUILDING on a quiet side street just off the beach in Venice, California, 26-year-old Snapchat CEO Evan Spiegel stands in a small conference room.
CNBC:
Sources: Twitter may receive formal bid shortly, suitors said to include Salesforce and Google  —  Twitter has received expressions of interest from several technology companies and may receive a formal bid shortly, sources said.  —  The social media company is engaged in conversations …
Wall Street Journal:
Facebook says it overestimated average video viewing time metric by 60%-80% for 2 years, according to information Publicis Media says it obtained from Facebook  —  Social network miscalculated the average time users spent watching videos on its platform  —  Big ad buyers and marketers …
RELATED:
David Fischer / Facebook:
Facebook VP of advertising David Fischer explains video metric miscalculation, apologizes, says the mistake had no impact on billing  —  Many of you may have seen the reports about our video metric miscalculation - I want to provide further clarity on the issue.
Nilay Patel / The Verge:
The Verge founding team member Chris Ziegler took a job at Apple two months before leaving the website; internal review finds no impact on editorial decisions  —  Hey everyone — there have been questions about Chris Ziegler and his absence from The Verge in the past few weeks.
Paul Farhi / Washington Post:
Media reporter Paul Farhi asks readers to stop referring to “the media”, an imprecise, unfair, lazy smear  —  To: Everyone From: Paul Farhi  —  Folks, I know a lot of you don't like the people who work in my chosen profession, the news business.
Washington Post:
CNN commentator Corey Lewandowski set to get nearly $500K from Trump campaign from April 2015 to December 2016, almost 25% coming as severance after June firing  —  Corey Lewandowski is set to be paid nearly half a million dollars by Donald Trump's presidential campaign by the end of the year …
Ken Yeung / VentureBeat:
Twitter sees 34% more viewers in its second NFL Thursday Night Football livestream  —  Thursday night's National Football League (NFL) contest may have resulted in the New England Patriot's 27 to 0 shutout of the Houston Texans, but how did Twitter fare?  According to the sports league …
Discussion: @pkafka, @pkafka, Recode and ProFootballTalk
 
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 More News: 
Matthew Garrahan / Financial Times:
While tabloids like TMZ do great with scoops like Pitt-Jolie divorce they must rely on other revenue streams like online gambling, celebrity tours, and TV shows
Ian Burrell / The Drum:
The Lad Bible, one of the UK's fastest growing news sites, hires 16-year-old paid apprentices to bolster editorial operation and help plan strategy
Scott Moritz / Bloomberg:
Sources: DirecTV Now to become AT&T's primary video delivery platform, eliminating need for a cable hookup or satellite dish for broadband users in five years
Discussion: Engadget
 Earlier Picks: 
Sarah Ellison / Vanity Fair:
Inside the final days of Roger Ailes at Fox News: an army of lawyers and advisers, the internal investigation, and power shifts among the Murdochs
Yuyu Chen / Digiday:
How Huffington Post uses WeChat and Line: two accounts in English and the local language catering to different reading preferences; video works best on Line
Kif Leswing / Business Insider:
Yahoo confirms data from 500M+ accounts was stolen in 2014 by “state-sponsored actor”; info includes email addresses, hashed passwords, security questions, more