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11:55 AM ET, April 16, 2018

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 Top News: 
Wall Street Journal:
Sources: Us Weekly dropped a story around 2013 on alleged affair between Donald Trump Jr. and Aubrey O'Day after legal threats from Trump lawyer Michael Cohen  —  Federal probe looks closely at money flowing in and out of Essential Consultants  —  Michael Cohen, President Donald Trump's personal attorney …
Mark Sweney / The Guardian:
WPP CEO Martin Sorrell resigns following investigation into personal misconduct; Mark Read and Andrew Scott appointed joint COOs  —  Boss of world's largest marketing group steps aside amid investigation into personal misconduct … Martin Sorrell has said he will step down as head of the British-based global advertising agency WPP.
Danielle Tcholakian / Longreads:
Robyn Doolittle, who investigated Rob Ford, criticizes decision to cast a man in the film adaptation, highlighting the lack of women leads in journalism movies  —  The 2002 Robert Evans biopic The Kid Stays In The Picture (based on his memoir) got its title from a line uttered …
Ernst-Jan Pfauth / De Correspondent:
De Correspondent designs a system to tap members' expertise to aid its reporting and hopes to launch a global English-language site in 2019  —  There's a great untapped resource in journalism, and it's available to journalists right now.  —  It's the experience and expertise of your readers.
Hollywood Reporter:
As it expands globally, Netflix is increasingly facing political backlash over its programming choices in places like Brazil, Israel, and the Philippines  —  Scandals involving shows in Brazil, Israel and the Philippines highlight the challenge for the streaming giant as it tries …
Jon Allsop / Columbia Journalism Review:
How freelance reporter Greg Donahue uncovered the life of Ron Porambo, a journalist who reported on the underworld of America before turning to a life of crime  —  RON PORAMBO WAS A JOURNALIST.  He was an author and a visionary.  He was also a robber and killer.
Ivan Moreno / Associated Press:
US publishers worry a ~28% temporary tariff on Canadian newsprint, which may become permanent in August or September, will force smaller publications to close  —  https://apnews.com/6d5ab2d12f58491780be 69d219338b43  —  MILWAUKEE (AP) — Newspaper publishers across the U.S. already strapped …
Steve O'Hear / TechCrunch:
Mixcloud, the audio streaming platform for long-form content, raises $11.5M from WndrCo; Ann Daly, ex-President of DreamWorks Animation, joins board  —  Mixcloud, the London startup that offers an audio streaming platform designed for long-form content, has closed its first-ever funding round, TechCrunch has learned.
Discussion: Variety and hypebot
 
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 More News: 
Daniel Brown / Business Insider:
Russian journalist Maxim Borodin, who wrote about the deaths of Russian mercenaries in Syria, has died after falling from his apartment balcony
Rob Haskell / Vogue:
Disney CEO Bob Iger talks about digital disruption from Silicon Valley, his decision not to run for president in 2020, and Black Panther
Bloomberg:
Les Moonves's contract stipulates a ~$187M payout if he's dismissed or demoted and chooses to leave though NAI says it wants him to lead the combined company
 Earlier Picks: 
Chicago Tribune:
Michael Ferro sells stake in Chicago Tribune parent Tronc to McCormick Media for $208.6M
New York Times:
Profile: new owner of Los Angeles Times, biotech mogul Patrick Soon-Shiong, who plans to move LAT to suburbs, and pursued Dean Baquet and Marty Baron for EIC
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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