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Penske Media announces it has acquired controlling stake in Rolling Stone parent Wenner Media at a valuation just over $100M; BandLab retains 49% stake — Penske Media Corporation has acquired a controlling interest in Wenner Media, parent company of the iconic magazine Rolling Stone, the company announced Wednesday.
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Facebook to stop using “disputed” labels on false news, will show fact checks as Related Articles after tests proved the latter method resulted in fewer shares — Scrolling through News Feed, it can be hard to judge what stories are true or false.
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Job ads aimed at age groups on platforms including Facebook raise questions of age discrimination, prompt lawsuit; Amazon, LinkedIn change methods after query — Among the companies we found doing it: Amazon, Verizon, UPS and Facebook itself. “It's blatantly unlawful,” said one employment law expert.
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The Hill, Vanity Fair, New York Magazine, Fast Company, @ericuman, The NewsGuild - CWA, UPROXX, Boing Boing, @dankennedy_nu, @jontalton, @inajaffenpr, @nytimes, Gizmodo, @jayrosen_nyu, Mashable, The Next Web, @noamscheiber, @dicktofel, @propublica, @roncharles, The Verge, @noamscheiber, @dangillmor, AdExchanger, @ariana_tobin and @digiphile, more at Techmeme »
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Rob Goldman / Facebook:
Facebook says aged-based targeting for employment is an accepted industry practice, disagrees with allegations that the ads are discriminatory — Our view on age-based targeting for employment ads — In the last year ProPublica has uncovered a number of different flaws in our advertising systems.
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@rickwebb, USA Today, Washington Post, @aprilaser and Peter O'Kelly's Reality Check, more at Techmeme »

A look at the consequences of Trump's win for elite conservative media, notably for the WSJ, whose editorial pro-Trump stance has prompted a journalistic exile — In 2016, a group of Republicans broke ranks with their party to try to stop Donald Trump from winning the presidency.
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New York Magazine, Mediaite, @jonathanchait, @swin24, @anneapplebaum, UPROXX, @mlcalderone, Mark Larson, Media Matters for America and Talking Biz News

New York Times says Glenn Thrush will remain suspended until late January, removes him from White House beat after allegations of inappropriate sexual behavior — The New York Times said on Wednesday that Glenn Thrush, one of the paper's most prominent political reporters …
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Washington Post, Politico, Daily Wire, Blog Network, Vox, @nytimespr, Fortune, Splinter, @dankennedy_nu, @lkmcgann, New York Post, @jordanschachtel, @mattwelch, Newser, @ezraklein, @jessicavalenti, @mikeelk, Payday Report, AOL, @banditrandom, @ericacbarnett, iMediaEthics, Mediaite, @amy_siskind, @ericacbarnett, @lauren_kelley, thecut, The Daily Caller, @libbyanelson, @sarahjeong, @sfpelosi, @emilyjashinsky, @lpackard, @onesarahjones, @shakestweetz, @armandodkos, @studentactivism, @laura_hudson, @galloface54, @pauldebenedetto, @deenashanker, @clapifyoulikeme, @angryblacklady, @tinamorphis, @astrokatey, @queenmab87, @annielowrey, @mlcalderone, Business Insider, Axios, @ezraklein, @lkmcgann, @mlcalderone, @moorehn, @jpodhoretz, @moorehn, @erinbiba, @libbycwatson, @dylanmatt, @doree, The Wrap, @swin24, @brianstelter, @annielowrey, @lauraolin, @jabogen, @moorehn, @mattyglesias, @nytimesbusiness, @mekosoff, @annielowrey and @annielowrey

How Rupert Murdoch is preparing to battle Sinclair Broadcasting in light of the Disney-Fox deal and the pending Sinclair-Tribune merger — The billionaire media mogul is selling off his entertainment empire to focus on holdings like Fox News. But there is still another media rival for Murdoch …
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Emily Steel / New York Times:
Two women who reached sexual harassment settlements with Bill O'Reilly have joined a defamation lawsuit against him and Fox News on Wednesday
Two women who reached sexual harassment settlements with Bill O'Reilly have joined a defamation lawsuit against him and Fox News on Wednesday
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Blog Network, Politico, CNNMoney, Newser, Philly.com, UPROXX, TVWeek.com, thecut, Mediaite, TVNewser and @davidfolkenflik

Comcast hikes up monthly prices for premium channels, streaming service, most pay TV services, and increases its broadcast TV fee and cost of hardware rental — Comcast is joining Dish, Cox and DirecTV in informing customers that they'll be paying significantly more money for the same service in the new year.
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@masspirates, @jonsteinberg, @matthewstoller, @profcarroll, @matthewstoller and @jaycaruso

Universal Music Group and Facebook sign multiyear deal to license UMG's recorded music and publishing catalogs across Facebook, Instagram, and Oculus — Facebook and Universal Music Group today announced a global, multi-year agreement under which UMG becomes the first major music company …
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TechCrunch, more at Techmeme »

Google and Facebook's dominance in digital advertising and news discovery in the US is a threat to diversity of ideas in the country — A political website pulled an article after Google's AdSense team threatened to withdraw advertising. — 'A monopoly on the means of communication," …

Mozilla releases Firefox for Fire TV, touts ability to launch popular video sites like YouTube amid Amazon-Google feud over YouTube access on Amazon's devices — An alternative workaround to the Amazon-Google feud — Amid Amazon and Google's bitter and self-defeating feud over the right …
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Amazon.com, @lime124, @sdaswani, The Mozilla Blog, CNET, VentureBeat and TechCrunch, more at Techmeme »

A look at the complications Facebook faces as it increases its content moderation efforts to fight misinformation, much of which happens opaquely — Earlier this year, a simple Facebook search for Mark Zuckerberg's name returned an unexpected result: an image of the Facebook founder …
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@kantrowitz, @marcjgoldberg, @talsz, @matt_cagle and @kantrowitz, more at Techmeme »