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9:55 AM ET, June 7, 2018

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 Top News: 
Josh Constine / TechCrunch:
Sources: Instagram to launch Snapchat Discover-style video hub with scripted shows, music videos, and more; announcement tentatively slated for June 20  —  Instagram is preparing to unveil a home for longer-form video — a YouTube competitor and its take on Snapchat Discover.
Josh Constine / TechCrunch:
Facebook testing Marketplace ads in the US that let users promote their listings in the News Feed  —  Twenty months after launching its Craigslist competitor, Marketplace, and relentlessly promoting it with placement in the main navigation bar, Facebook will start earning money off its classifieds section.
Mark Di Stefano / @markdistef:
Le Monde sources: BuzzFeed is closing its France office and laying off its 14-person staff  —  LeMonde reporting BuzzFeed France is shutting https://www.lemonde.fr/...
Discussion: @markdistef
Ricardo Lopez / Variety:
Producer and former studio exec Amy Baer named board president of Women in Film, replacing Cathy Schulman who will remain on the board  —  Amy Baer, who has deep industry experience as a top studio executive and more recently as a producer working with major talent, has been elected board president of Women in Film.
Christine Schmidt / Nieman Lab:
Guatemalan investigative outlet Nómada saw traffic drop by 57% after Facebook Explore test, successfully refocused on distribution through other social channels  —  “At the beginning, we were very upset.  But at the end, we can thank it because it exploded the bubble we were living in."
Todd Spangler / Variety:
Facebook partners with seven news orgs, including ABC News, CNN, and Fox News, to roll out a series of news shows on Facebook Watch this summer  —  After going through the fake-news wringer, Facebook is shelling out money on original news content.  The strategy is partly aimed at driving …
Tim Peterson / Digiday:
Sources: YouTube has been interviewing people with proven journalism backgrounds for a position that is believed to relate to a new YouTube news initiative  —  YouTube, like Facebook, has a spotty history when it comes to news content.  But, also like the social network …
Pan Kwan Yuk / Financial Times:
Daily Mail's Paul Dacre to step down in November as editor, a post he has held for 26 years, will serve as chairman and editor-in-chief of Associated Newspapers  —  Paul Dacre will step down as editor of the Daily Mail in November, bringing the curtain down on a 26-year run at the tabloid …
Max Greenwood / The Hill:
Judge dismisses defamation lawsuit against ex-Fusion reporter Emma Roller brought after Roller tweeted that Cassandra Fairbanks made a white power hand gesture  —  A federal judge in Washington, D.C., on Wednesday dismissed a defamation lawsuit against a former Fusion reporter.
Noreen Malone / New York Magazine:
The New Yorker's editorial staff are unionizing with the NewsGuild of New York  —  The era of white-collar organized labor is fully upon us: the editorial staff of The New Yorker wants to unionize.  This morning, organizers sent a letter to the magazine's editor, David Remnick …
 
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 More News: 
Tim Peterson / Digiday:
Snap hires Flipboard's ex-Head of Publisher Partnerships Sarah Gallagher to lead its newly created 12-person support team for publishers
 Earlier Picks: 
 

 
From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

David Pierce / The Verge:
Google announces a new Platforms and Devices team overseeing Pixel, Android, Chrome, Photos, and more, to integrate AI across its products, led by Rick Osterloh

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview
 
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