Top News:
Eriq Gardner / Hollywood Reporter:
The Weinstein Company files for bankruptcy, releases victims from NDAs, positions private equity firm Lantern Asset Management as stalking horse bidder — Lantern Asset Management will be the bidder for assets after coming to a purchase agreement. — The Weinstein Co. is now seeking the protection of bankruptcy court.
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New York Times:
Sources: Facebook CSO Alex Stamos to leave amid disagreements with top execs over disinformation, will stay until August; his team is down from 120 to 3 people — As Facebook grapples with a backlash over its role in spreading disinformation, an internal dispute over how to handle the threat …
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Channel 4 News:
Cambridge Analytica execs filmed boasting of entrapping politicians with sex and bribes, explaining how to spread info online without it looking like propaganda — Senior executives at Cambridge Analytica - the data company that credits itself with Donald Trump's presidential victory …
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Facebook:
Facebook-hired forensic auditors were asked to leave Cambridge Analytica's office by UK ICO, which is pursuing a warrant to conduct its own investigation — We have hired a digital forensics firm, Stroz Friedberg, to conduct a comprehensive audit of Cambridge Analytica.
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Slate:
Major tech platforms like Facebook become vulnerable to unethical practices by third parties because they do not proactively support ethical research — Give researchers more access to data, not less. — In a 2013 paper, psychologist Michal Kosinski and collaborators from University …
Fortune:
Two women accuse ex-Tronc chairman Michael Ferro of inappropriate advances after promises of further investment, connections, a partnership, and possible job — Kathryn Minshew finally felt like a weight had lifted. It was September of 2013, and after months of back-and-forth, Michael Ferro …
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Robert Feder:
Tronc Chairman Michael Ferro announces his retirement; he will be replaced by Tronc CEO Justin Dearborn
Discussion:
Nieman Lab, @cmonstah, @dangillmor, @davidfolkenflik, tronc, inc., @athenae, @kimmasters, @rexhuppke, CNNMoney, @isa_chapman, @margeincharge, @jmverlin, @mattdpearce, @mattdpearce, @katemather, @mattdpearce, @davidfolkenflik, @robertchannick, MediaPost, Chicago Tribune, Splinter, Chicago Sun Times, Wall Street Journal, Associated Press, Daily Herald, @melbournecoal, Editor & Publisher, @barkingcarnival, The Wrap and Adweek
Benjamin Mullin / Wall Street Journal:
Cheddar raises $22M Series D and is now valued at $160M, plans to expand to UK and build a second news network as it abandons its paid subscription model — The company is planning to expand to the U.K.; launch second network — Cheddar, the financial news streaming service aimed at millennials …
Discussion:
Multichannel News, Business Insider, @taylorbuley and PR Newswire, more at Techmeme »
Maria LaMagna / MarketWatch:
J-school applications rise: Columbia Graduate School saw 10% increase for 2017-2018, Annenberg up 19% from 3-4 years ago, Medill up 24% for 2018-2019 year — Zoe Ginsberg, an 18-year-old freshman journalism major at USC's Annenberg School, said she and her classmates have many discussions …
Discussion:
Splinter and @westwingreport
eMarketer:
eMarketer estimates Google and Facebook will capture 56.8% of US digital ad investment in 2018, down from 58.5% last year, as Amazon and Snapchat grow quickly — Google and Facebook may control the bulk of the US digital ad market, but their competitors are starting to eat …
Discussion:
Wall Street Journal, Recode, AdExchanger, Adweek, Quartz, The Drum and Fast Company, more at Techmeme »
Margaret Sullivan / Washington Post:
Distracted by Trump scandals, American media pays less attention to expansion of drones and airstrikes, while the Pentagon makes less info public — The numbers are shocking — or at least they should be. — 2017 was the deadliest year for civilian casualties in Iraq and Syria …
Mehdi Hasan / The Intercept:
60 Minutes' Saudi Crown Prince Mohammed bin Salman interview ignored humanitarian crisis; questions should have focused on Yemen, death penalties, Iran, more — “At just 32, Mohammed bin Salman seems fearless and determined. He has quickly become the most dominant Arab leader in a generation."
Discussion:
BloombergQuint, CBS News, @maxblumenthal, The Daily Beast, Bloomberg, Columbia Journalism Review, Fortune and WikiTribune
Nicola Slawson / The Guardian:
Tennis champion Martina Navratilova says the BBC paid her just £15K for Wimbledon commentator role but paid fellow pundit John McEnroe £150K - £200K — Tennis champion says fellow pundit John McEnroe earns at least £150,000, while she is paid £15,000
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