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10:50 AM ET, February 26, 2018

Mediagazer

 Top News: 
Brian Steinberg / Variety:
CBS is launching CBS Sports HQ, a free 24-hour streaming service dedicated to sports coverage  —  CBS is taking another swing at the streaming-video sector with the launch of a free 24-hour digital sports-news outlet known as CBS Sports HQ.  —  Executives said the service will feature live news …
Hollywood Reporter:
Weinstein Co. board of directors says in letter to bidders Maria Contreras-Sweet and Ron Burkle that they will pursue bankruptcy as talks for a sale break down  —  Maria Contreras-Sweet and Ron Burkle were part of a bid to buy the embattled company.  —  The Weinstein Co. board of directors …
Margaret Sullivan / Washington Post:
Unwilling to attack grieving students, the NRA turns to Trump's playbook, attacking the news media with claim that media “love mass shootings”  —  One of the more outrageous assertions in a week overrun with them was Dana Loesch's outright lie that journalists relish massacres of children.
RELATED:
Todd Spangler / Variety:
Amazon targeted in calls to drop NRA TV app, which is also on Apple TV, Roku, and Chromecast
Bloomberg:
Democratic Senator Amy Klobuchar says Facebook and Twitter should be fined if they don't remove automated bots or accounts trying to influence US public opinion  —  Klobuchar thinks social media must invest more on prevention  —  Democrat sponsoring bill requiring social media ad disclosure
Mark Sweney / The Guardian:
Time Inc UK - parent company of magazines like NME and Marie Claire - sold to private equity firm Epiris in deal thought to be worth ~£130M  —  Epiris expected to sell underperforming titles and cut 1,700-strong workforce … The UK publisher of titles including Marie Claire …
Amanda Meade / The Guardian:
A number of Australian media companies, including News Corp Australia, are seeking to intervene in a damages case involving Hollywood star Rebel Wilson  —  News Corp Australia, Fairfax Media, Macquarie Media, the ABC and the Seven and Nine networks line up with publisher Bauer
Kieran Delamont / The Outline:
A look at the evolution of marijuana journalism as it moves away from activism and gimmicks toward the kind of lifestyle coverage reserved for food and wine  —  Surveying the past, present, and future of marijuana journalism.  —  “The caramel-chocolate flavored candy bar looked so innocent …
Julia Alexander / Polygon:
Due to vague YouTube guidelines and unpredictable demonetization actions some YouTube creators promote the Brave browser, where users can tip via Brave Payments  —  Cryptocurrency hits YouTube  —  It's a scary time for YouTubers: YouTube's community guidelines are changing seemingly on the fly …
Sahil Patel / Digiday:
NBC Sports and Refinery29 partner for a yearlong editorial and marketing Instagram project telling stories about women in sports called On Her Turf  —  NBC Sports and Refinery29 are embarking on a yearlong social editorial and marketing partnership focused on telling stories about female athletes and other women in sports.
Discussion: @digiday
Daniel Funke / Poynter:
Study: number of fact-checking projects up 3x over the last four years, with 149 projects in 53 countries; funding comes from membership, donations, syndication  —  A new report from the Duke Reporters' Lab offers a snapshot of the evolving fact-checking ecosystem around the world.
Discussion: @raju
Alexandra Bruell / Wall Street Journal:
Facebook says it will drop 20, or 10%, of its metrics for advertisers that were redundant or outdated, will label metrics not derived directly as “estimated”  —  Social giant will more clearly label its data and remove about 10% of its metrics that it deems irrelevant
 
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 More News: 
Jon Allsop / Columbia Journalism Review:
The Bay Journal, which covers Chesapeake Bay environmental issues, is suing the EPA, alleging the EPA cut the outlet's funding because of its coverage
Max Willens / Digiday:
Media outlets' partnerships with Scroll, Invisibly, and Brave signal return of micropayments as solution to ad-blocking, poor user experience, low revenue
Timothy Cama / The Hill:
Judge dismisses coal baron Bob Murray's defamation suit against John Oliver and HBO, which was filed in response to a Last Week Tonight segment criticizing him
 Earlier Picks: 
Erik Wemple / Washington Post:
After claims that CNN scripted words for a Florida student for town hall, CNN releases emails showing student was asked to use a question he submitted
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to back an up to $125B investment to build a megafab in New York and a fab in Idaho over the next 20 years
 
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