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10:05 PM ET, August 12, 2017

Mediagazer

 Top News: 
Josh Constine / TechCrunch:
SoundCloud closes $169.5M Series F funding round led by Raine Group and Temasek to stay afloat; former Vimeo CEO Kerry Trainor replaces Alex Ljung as CEO  —  SoundCloud has just closed the necessary funding round to keep the struggling music service afloat.
Charlie Warzel / BuzzFeed:
“This Is Just Like GamerGate”: How The Pro-Trump Media Turned James Damore Into A Hero Overnight  —  A week ago, James Damore was anonymous.  Now, the Google engineer who lost his job after he wrote a viral anti-diversity screed has become an icon of the alt-right …
BuzzFeed:
About 10 activists turn their backs on Trump aide Omarosa Manigault during tense panel at the National Association of Black Journalists conference  —  “Walking into a room where you get shut down does not open a line of communication so change can happen," said one of the top African-American officials in the White House.
Tara Palmeri / Politico:
Breitbart's campaign against national security adviser H.R. McMaster seems to have done more damage to Steve Bannon  —  The chief White House strategist is increasingly isolated in the West Wing as new chief of staff John Kelly tries to clamp down on negative news stories.
Discussion: AOL and Splinter
Chicago Tribune:
Jim Kirk, editor/publisher of Sun-Times, joins Tronc, parent of the Chicago Tribune, less than a month after local investors bought the Sun-Times  —  Jim Kirk, publisher and editor-in-chief of the Chicago Sun-Times, is joining Chicago Tribune parent Tronc as senior vice president of strategic initiatives.
Discussion: Chicago Sun Times and Poynter
Todd Spangler / Variety:
After 14 years at Viacom, Sarah Iooss is joining Mic as executive VP of revenue to expand branded-content offerings  —  Sarah Iooss, after 14 years at Viacom, is joining digital-media company Mic as executive VP of revenue.  —  At Mic, she will oversee the sales team and market-facing products …
Discussion: Adweek
Lucas Shaw / Bloomberg:
Online radio company TuneIn raises $50M in round led by Marker LLC, IVP, and Comcast Ventures; the deal values TuneIn at $500M, a source says  —  Funding round is led by Marker, IVP and Comcast Ventures  —  Latest deal is said to value company at about $500 million
Discussion: NPR
Paul Bond / Hollywood Reporter:
Fox News competitors like The Blaze, Newsmax, and OANN seek to steal Fox viewers as the network goes through a tumultuous period  —  Glenn Beck's The Blaze, Newsmax TV, One America News Network and others are among the challengers: “There's no Pepsi to FNC's Coke yet.”
Richard Horgan / Adweek:
AMI's Men's Fitness will go all-digital in November as print subscriptions are switched over to newly acquired Men's Journal  —  At AMI, print is alive and well  —  The next watershed for Men's Journal, the 25-year-old monthly glossy acquired earlier this year by American Media Inc. from Wenner Media, will be the November 2017 issue.
Discussion: Mediawire
Nyshka Chandran / CNBC:
Chinese regulators are investigating Tencent's WeChat, Baidu's Tieba, and Sina Weibo for user-generated content that “endangers national security”  —  - Tencent, Baidu and Sina Weibo are being investigated by Chinese cyber-security regulators for potential violations
more at Techmeme »
 
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 More News: 
Margaret Sullivan / Washington Post:
The departures of Lord and McEnany from CNN show that the network has made too many indefensible hires in the name of evenhandedness
 Earlier Picks: 
Associated Press:
Don Alhart, now in his 51st year on-air at WHAM-TV in Rochester, officially holds the world record for longest career as a TV news broadcaster
Daniel Funke / Poynter:
Parse.ly reaches profitability and raises $6.8M in Series B funding led by Grotech Ventures and Blumberg Capital
 

 
From Techmeme:

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

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:
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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