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3:50 PM ET, June 1, 2018

Mediagazer

 Top News: 
Barbara Ortutay / Associated Press:
Facebook to shut down Trending and is testing new features like a breaking news label for publishers, a Today In section, and a News Video in Watch section  —  NEW YORK (AP) — Facebook is shutting down its ill-fated “trending” news section after four years, a company executive told The Associated Press.
RELATED:
Dan Rys / Billboard:
Spotify updates its hateful content and conduct policy, says it will no longer use the provision that led to removal of R. Kelly and XXXTentacion from playlists  —  Three weeks after Spotify announced a new policy regarding hate content and hateful conduct on its service …
Rebecca Keegan / Vanity Fair:
Columnist Nikki Finke plans to return to the web, first by tweeting election commentary before launching a new politics focused website  —  The once feared Hollywood columnist is training her eye on politics.  —  Like many Democrats, Nikki Finke spent Election Night 2016 in an emotional fetal position.
Discussion: @jpodhoretz
Jason D. Rowley / Crunchbase News:
Wikia, co-founded by Jimmy Wales in 2004 and now best known for its Fandom platform, raises $106M in new equity funding, SEC filing shows  —  In the world of social media and community participation, wikis are a seemingly ideal way to build a knowledge base and share information.
Sarah Perez / TechCrunch:
Hulu announces a major business reorganization; Chief Content Officer Joel Stillerman and two VPs are leaving, and Dan Phillips, formerly of TiVo, joins as CTO  —  On the heels of Hulu's news of its growing live TV business, which has now reached 800,000 subscribers, the streaming service today announced …
Pete Vernon / Columbia Journalism Review:
Roseanne's comments received 16 times the coverage of a new study that estimates Hurricane Maria toll at ~4,654 deaths, a neglect symptomatic of systemic racism  —  For those who argue that the media has misplaced priorities when it comes to coverage choices, this week has provided a case study to support their position.
 
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 More News: 
Chris York / HuffPost UK:
Chinese state-backed TV broadcaster, China Global Television Network, to launch a newsroom with up to 50 journalists in the UK for a full-scale news operation
Anthony D'Alessandro / Deadline:
Fandango and Comcast launch a new voice integration for Xfinity X1 users that lets them purchase tickets from their TV while watching a movie preview
Tim Mak / NPR:
Reporter Tim Mak posts audio of 2015 legal threats from Michael Cohen: “Tread very fucking lightly” and “I will take you for every penny you still don't have”
 Earlier Picks: 
Ken Doctor / Nieman Lab:
Once Tronc closes LA Times sale, sources say clean balance sheet could make Tronc a takeover target; filing: five execs could get $23.5M in total if it's sold
Pew Research Center:
Pew Research study of US teen internet usage finds 85% say they use YouTube, 72% use Instagram, 69% use Snapchat, while only 51% say they use Facebook
 

 
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

David Pierce / The Verge:
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished

 
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