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11:40 PM ET, March 23, 2017

Mediagazer

 Top News: 
Hamza Shaban / BuzzFeed:
Senate votes 50-48 to repeal Obama-era regulations requiring that ISPs ask before sharing customer data  —  The Senate voted Thursday to make it easier for internet service providers to share sensitive information about their customers, a first step in overturning landmark privacy rules …
Daina Beth Solomon / Los Angeles Business …:
Filing: Oaktree sells Tronc holdings back to company in $56M deal, days after Patrick Soon-Shiong increased holdings to become second-largest shareholder  —  Oaktree Capital Management, the third-largest shareholder in Los Angeles Times' parent tronc Inc., is selling its holdings back to tronc …
Discussion: Reuters and MarketWatch
RELATED:
Lukas I. Alpert / Wall Street Journal:
Sources: a bitter feud has emerged between Patrick Soon-Shiong and Michael Ferro as they compete for larger stakes in Tronc  —  Ousted director Patrick Soon-Shiong adds to stake in Los Angeles Times publisher, setting up for showdown with its biggest shareholder and chairman Michael Ferro
James Cook / Business Insider:
Filing: SoundCloud raises $70M in debt funding to build a “financially sustainable platform”, following a $100M raise in June 2016  —  Music streaming service SoundCloud has raised $70 million (£56 million) in debt funding, according to documents filed with Companies House in the UK.
Jeff Gammage / Philly.com:
Philadelphia Media Network guild members vote down contract that would have ended seniority protections in the event of a layoff  —  Journalists and other union members at the Inquirer, Daily News, and Philly.com have decisively rejected a contract offer that would have provided solid …
Casey Newton / The Verge:
Twitter confirms it is considering paid TweetDeck subscription service with new features including analytics and breaking news alerts for brands and news orgs  —  New analytics inside TweetDeck  —  Twitter is considering offering a paid subscription to power users, including brands and news organizations, The Verge has confirmed.
Dominic Patten / Deadline:
Judge approves class action settlement that will see The Hollywood Reporter pay out $900K for misclassifying freelancers  —  Over three years after The Hollywood Reporter was accused of playing fast and loose with how it classified contributors to get out of paying benefits and more …
Discussion: Talking Biz News
Paola Nalvarte / Journalism in the Americas:
Miroslava Breach Velducea, 54, shot and killed leaving her home in Chihuahua, becoming the third Mexican journalist killed this month  —  Journalist Miroslava Breach Velducea, 54, was killed on the morning of March 23 after receiving at least four shots to the head.
Rick Edmonds / Poynter:
Chartbeat and CrowdTangle expand Offsite Social globally, offering publishers more data on social engagement and distribution  —  Chartbeat and CrowdTangle today announced a major expansion of a tool for measuring how stories are performing on social platforms.
Kara Bloomgarden-Smoke / WWD:
Sources: American Media Inc. cuts about 40 jobs at Us Weekly, including Editor in Chief Michael Steele and Editorial Director Jaimee Zanzinger  —  Among those cut were editor in chief Michael Steele and editorial director Jaimee Zanzinger, both of whom had to lead the meetings about the job cuts.
 
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 More News: 
Darrell Etherington / TechCrunch:
Instagram says it will start blurring “Sensitive Content” that doesn't merit removal and opens two-factor authentication to all
 Earlier Picks: 
Todd Spangler / Variety:
Vice Media moves into scripted content with short-form and original programming coming to its US website
 

 
From Techmeme:

Bloomberg:
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial

Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B

Mariella Moon / Engadget:
X says Likes are now private for everyone, meaning users are no longer able to see who liked someone else's post

 
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