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3:25 PM ET, May 2, 2018

Mediagazer

 Top News: 
Wall Street Journal:
Cambridge Analytica is shutting down, says founder of its British affiliate, following the Facebook data misuse scandal  —  Company had lost multiple clients in recent months  —  Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign …
RELATED:
Ben Smith / BuzzFeed:
Zuckerberg says Facebook is already ranking news organizations based on trust, will invest billions to fight fake news, remains committed to WhatsApp encryption  —  Facebook CEO Mark Zuckerberg said Tuesday that the company has already begun to implement a system that ranks news organizations based …
Peter Kafka / Recode:
Zuckerberg says Facebook won't pay annual fees to publishers, an idea floated by Murdoch, and emphasizes interest in helping news outlets sell subscriptions  —  Sorry, Rupert Murdoch: Facebook isn't a pay TV company.  —  Quick memo to Rupert Murdoch, Jonah Peretti and other media executives …
Sara Fischer / Axios:
Facebook, which relies on Republicans to advocate for minimal regulation, is bringing in advisers to investigate claims it's biased against conservative voices  —  To address allegations of bias, Facebook is bringing in two outside advisors — one to conduct a legal audit of its impact …
Kurt Wagner / Recode:
Facebook announces Clear History feature, letting users stop Facebook-collected browsing history from being associated with their account
Tiffany Hsu / New York Times:
Sources: Wendell Jamieson, the NYT editor who resigned after an internal investigation, was accused of inappropriate behavior by at least three female employees  —  Wendell Jamieson, the metro editor whose resignation was announced by The New York Times on Monday after an internal investigation …
RELATED:
Brian Barrett / Wired:
Moviepass resurrects $10 “unlimited” subscription, letting people see a movie a day, and CEO says company is committed to keeping the plan; $8 option remains  —  SOME GOOD NEWS for once: After a two-week hiatus, the MoviePass unlimited subscription—the one that lets you see a movie a day …
Benjamin Mullin / Wall Street Journal:
Bloomberg's paywall, beginning Wednesday, costs $35/month, or $40/month with Businessweek subscription and events; non-subscribers can see 10 stories/month free  —  The paywall, which allows visitors to read 10 articles a month for free, includes a $39.99 option that comes with a subscription …
Josh Constine / TechCrunch:
Snapchat is rolling out an update, previously in testing, that will sort friend communication by recency and move Stories from the friends page to Discover  —  Snapchat's redesign was a disaster.  It cratered ad views and revenue and led Snapchat's user count to actually shrink in March.
RELATED:
Variety:
Sources: NBC News told reporters to mention letter of support for Tom Brokaw in their reporting, raising concerns among some staffers who had issues with letter
Alison Weissbrot / AdExchanger:
BBC to test audio ads for the first time, will partner with Swedish podcast platform Acast to sell ads for podcasts outside of the UK  —  The BBC is testing audio ads for the first time in its 96-year history.  —  The British broadcasting giant is partnering with podcast platform Acast …
Discussion: TechCrunch, Adweek and Mumbrella
Andrew Wallenstein / Variety:
Condé Nast says Wired, GQ, and Bon Appetit will get streaming channels to be carried on Apple TV, Roku, Amazon Fire; Wired channel will launch later this year  —  Wired, GQ and Bon Appetit are slated to become the first magazine brands within Condé Nast to support …
Discussion: MediaPost and Deadline
 
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 More News: 
Charlotte Tobitt / Press Gazette:
UK-based The New Statesman to launch a website covering North America, edited by Nicky Woolf, as part of a “major online expansion”
Washington Post:
Oath's Senior Director of Product Jeffrey Turner has been named Head of Ad Product at The Washington Post
Kristen Hare / Poynter:
A look at the 2018 Pulitzer-winning Santa Rosa Press Democrat, which local investors bought from Halifax Media nearly six years ago
Craig Shirley / LifeZette:
Reagan scholar and biographer Craig Shirley pens op-ed opposing Sinclair's merger with Tribune, on site co-founded by conservative personality Laura Ingraham
Jason Schwartz / Politico:
A look at year-old Tennessee Star, a conservative site that covers local and state politics, reposts content from LifeZette and Daily Caller, and hopes to grow
Discussion: New York Magazine
 Earlier Picks: 
Manish Singh / The Outline:
Facebook has quietly ended its Free Basics program in more than six nations and territories in recent months including Myanmar and Latin American markets
Jem Aswad / Variety:
Filing: Sony Music has sold about half of its shares of Spotify and pledges to share proceeds with artists and distribution labels
Discussion: Hits Daily Double
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions
 
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