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1:00 PM ET, March 26, 2018

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 Top News: 
Sara Salinas / CNBC:
Facebook stock plunges 5%+ after FTC confirms it has an open non-public probe into the company's privacy practices  —  Shares of Facebook fell more than 5 percent Monday after the FTC confirmed it's investigating the company's data practices in the wake of the Cambridge Analytica breach.
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BBC:
Facebook took out full-page ads, signed by Mark Zuckerberg, in several major US and UK newspapers on Sunday to apologize for Cambridge Analytica data leak  —  Facebook boss Mark Zuckerberg has taken out full-page adverts in several UK and US Sunday newspapers to apologise for the firm's recent data privacy scandal.
Jean-Louis Gassée / Monday Note:
By claiming that Facebook was not aware of a widespread misuse of user data by outside developers, Mark Zuckerberg sends a message that he thinks we are idiots  —  Surprise: Thanks to the Cambridge Analytica revelations, we're finding out that Facebook allowed a much broader and deeper prostitution …
Chris Welch / The Verge:
Tim Cook says that some well-crafted privacy regulations may be necessary; Zuckerberg acknowledged Facebook may need to be regulated in CNN interview this week
Brian Stelter / CNNMoney:
Preliminary ratings from Nielsen show that CBS “60 Minutes” interview with Stormy Daniels drew the show's highest ratings in 10 years  —  Stormy Daniels: ‘I have no reason to lie’  —  Anderson Cooper's interview with Stormy Daniels propelled “60 Minutes” to its highest-rated episode …
Facebook:
Facebook is rolling out its feature showing more stories from local news sources in News Feed, available in US since January, to all other countries  —  By Alex Hardiman, Head of News Product, and Campbell Brown, Head of News Partnerships  —  Local news helps people connect to their communities …
Garett Sloane / Ad Age:
Sources: HQ Trivia landed a $3M deal to promote three Warner Bros. movies, starting with Ready Player One, will announce $250K jackpot with sponsorship tie-in  —  The popular live game show app HQ Trivia has bagged its first sponsor in Warner Bros., which will lead to the biggest prize pool players …
Christopher Williams / Telegraph:
The Daily Telegraph's Chief Executive Nick Hugh says as of April 2017, the news paper had a gender pay gap of 35% and commits to reducing it to 0% by 2025  —  The Telegraph has revealed a mean gender pay gap of 35pc, a figure branded “unacceptable” by chief executive Nick Hugh as he committed to reducing the disparity to zero by 2025.
Peter Kafka / Recode:
Spotify issues guidance for 2018 ahead of IPO: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, operating losses $409M, down from $500M, and more  —  Ahead of its IPO, the streaming service is offering its first-ever guidance: Revenue, subs and margins will be up, operating losses will go down.
more at Techmeme »
Bryn Elise Sandberg / Hollywood Reporter:
Comedy Central parent company Viacom signs multiyear deal with Trevor Noah, launches global production and distribution company called Day Zero Productions  —  The joint venture between ‘The Daily Show’ host and Comedy Central's parent company signals the latter's desire to be more than just a launching pad for its homegrown talent.
John Koblin / New York Times:
Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to roll them out between March and summer 2019  —  Known for its bold designs and its big marketing campaigns, Apple relishes its status as a dominant force in the corporate world.
Todd Spangler / Variety:
YouTube TV signs multiyear deal with the NBA, will become the first-ever presenting sponsor of the NBA Finals, following similar deal with MLB  —  Google's YouTube is boxing out over-the-top TV rivals with yet another promotional sports pact: YouTube TV will be the first-ever presenting sponsor for the NBA Finals.
K.G Orphanides / WIRED UK:
Despite YouTube's efforts, investigation reveals YouTube Kids is still awash with violent and age-inappropriate videos, with some discovered via recommendations  —  Children's search terms on YouTube are still awash with bizarre and sometimes disturbing bootleg content.  Can anything be done to stem the tide?
 
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 More News: 
Arun Kakar / Press Gazette:
BBC opens Lagos news bureau in Nigeria, creating 100 jobs, and will launch a new training scheme to mentor West African talent
Tim Peterson / Digiday:
Hulu starts opening up more of its limited inventory to advertisers, says time users spent on its ad-supported service increased 50% YoY
 Earlier Picks: 
Anika Gupta / The Membership Puzzle Project:
A look at present and future public radio membership strategies in the age of on-demand content and how a growing demand for quality content can drive donations
 

 
From Techmeme:

Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI group G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board

Benjamin Sandofsky / Sandofsky:
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much

Foo Yun Chee / Reuters:
EU antitrust regulators are questioning Broadcom about changes to VMware's licensing conditions, following complaints from EU business users and a trade group
 
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