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9:50 AM ET, January 5, 2018

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 Top News: 
Rosalind S. Helderman / Washington Post:
Longtime Steve Bannon backer Rebekah Mercer issues rebuke distancing family from Bannon, says she's committed to Breitbart News, where she holds minority stake  —  Stephen K. Bannon's main financial backer is formally cutting ties with the former Trump adviser.
RELATED:
CNNMoney:
Publisher of Wolff book moves release date to Friday, starting at 9am ET, from previously scheduled Tuesday release date  —  The publisher of Michael Wolff's new book about President Trump is rushing it onto bookshelves.  —  “Due to unprecedented demand, we are moving the on-sale date …
Michael M. Grynbaum / New York Times:
Profile of Michael Wolff, who has been a columnist, media executive, and biographer of Rupert Murdoch, and who is accustomed to angering the Manhattan elite  —  Michael Wolff has, for years, been a prime piranha in the Manhattan media pond, using his caustic columns to tear into his lunchmates at Michael's …
Jack Shafer / Politico:
Trump fell for Michael Wolff's skill of sucking up to sources before he tears them down, a decade after Wolff did the same to Murdoch  —  The president should have known better.  Michael Wolff does not mess around.  —  President Donald Trump could have saved himself a lot of grief if he …
Washington Post:
Lawyer Charles Harder demands that publisher Henry Holt and Co. cease and desist from publication of Michael Wolff's book on Trump  —  President Trump on Wednesday castigated his former chief strategist Stephen K. Bannon as a self-aggrandizing political charlatan who has “lost his mind,” …
Oliver Darcy / CNNMoney:
Source: “hard push” exists to convince Breitbart CEO Larry Solov and Susie Breitbart to fire Steve Bannon; WH press secretary says firing should be considered
John Santucci / ABC News:
Trump lawyer Charles Harder sends Steve Bannon a letter demanding he refrain from disparaging comments about Trump and his family, claims Bannon breached NDA
Sarah Perez / TechCrunch:
Nielsen: 54% of all US music is now streamed, surpassing all formats for the first time; on demand audio hit 400B streams in 2017, up from 252B in 2016  —  U.S. album sales declined in 2017 as streaming continues to grow, according to Nielsen's year-end music report released this week.
RELATED:
Ben Rumsby / Telegraph:
Sources: Amazon considers bidding for UK streaming rights to Premier League matches for 2019-22 in next month's auction, as a possible challenge to Sky and BT  —  Amazon has held talks over the UK rights to the Premier League ahead of next month's auction, Telegraph Sport can reveal.
Billboard:
Sources: Jimmy Iovine to leave Apple Music in August, a time believed to coincide with the full vesting of his Apple stock  —  His planned departure is likely timed to his shares fully vesting, sources tell Billboard.  —  Look for Jimmy Iovine to leave Apple Music in August.
Catherine Shu / TechCrunch:
Google invests undisclosed sum in Chinese game streaming firm Chushou, as it seeks ways to enter Chinese market, which has blocked its search engine since 2012  —  Google has added Chinese mobile game live streaming platform Chushou to its list of investments in Asia.
Juli Clover / MacRumors:
Spotify says it has 70M paying subscribers, up from 60M in late July 2017, as the company prepares for an IPO  —  Spotify today announced on Twitter that it has hit a new milestone, with the streaming music service reaching a total of 70 million paid subscribers.
 
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 More News: 
Christine Schmidt / Nieman Lab:
The Tech & Check Cooperative at Duke University Reporters' Lab will test automated fact-checking with real-time alerts during the State of the Union on Jan. 30
Discussion: Poynter
 Earlier Picks: 
Will Oremus / Slate:
Calls for Twitter to ban President Trump are misguided and counterproductive; the biggest threat posed by @realDonaldTrump is to Trump's own presidency
Ricardo Bilton / Nieman Lab:
BBC Connected Studio, the BBC's innovation unit, is seeking out local tech companies in India to help with personalization and curation
Discussion: BBC Connected Studio and MediaNama
Reuters:
Sources: Google exploring sale of US restaurant review guide Zagat which it bought for $151M in 2011
Discussion: Eater, grubstreet, Tech Times and Eater NY
Sahil Patel / Digiday:
Source: Stay Tuned, NBC's five-month-old, twice-daily Snapchat show, has gained 4M subscribers, with over two-thirds under 25