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4:40 PM ET, July 12, 2018

Mediagazer

 Top News: 
Oliver Darcy / CNNMoney:
At Facebook event touting its work to combat misinformation, company defends maintaining InfoWars page by saying fake news doesn't violate Community Standards  —  Parents of Sandy Hook victims sue Alex Jones  —  Facebook officials struggled on Wednesday to explain why it permits InfoWars …
Wall Street Journal:
Sources: holding company owned by Bustle and Bleacher Report founder Bryan Goldberg wins Gawker in bankruptcy auction, beating Didit Inc; opening bid was $1.13M  —  Holding company owned by the founder of Bleacher Report and Bustle has been picked as the successful bidder for Gawker
RELATED:
CNNMoney:
Email to Bustle staff from Bryan Goldberg: Gawker will be held in a new holding company, separate from Bustle, and no immediate plans exist to re-launch Gawker  —  Hulk Hogan vs. Gawker: A timeline  —  The last vestiges of Gawker.com, the now-dormant gossip website that was equal parts feared and admired …
Ryan Holiday / The New York Observer:
As the Gawker domain and archives go up for auction on Thursday, a look at the ins and outs of the auction and the site's potential future  —  On Thursday, July 12, a locker containing the bones of Gawker.com—killed in action, as it were, for its publication of a fully nude sextape …
Discussion: Ad Age and @lalpert1
Tim Mak / NPR:
NPR analyzes how 48 Russia-linked Twitter accounts posed as local news sites, posting real local news for years and exploiting Americans' trust in local news  —  Russia's information attack against the United States during the 2016 election cycle sought to take advantage of the greater trust that Americans tend to place in local news.
John Eggerton / Broadcasting & Cable:
FCC voted 3-1 to begin the process of easing rules on the amount and type of children's programming required from broadcasters  —  Lone Dem calls it ‘cruel disregard’ for kids  —  A politically divided FCC has voted 3-1 to launch a revamp of its children's television rules.
RELATED:
Rhett Jones / Gizmodo:
FCC voted to approve controversial changes on how it handles consumer complaints, which some say will further weaken an already weak process  —  The FCC knows that Americans hate telecoms, and it's doing everything it can to give us reason to hate them more.
Christine Wang / CNBC:
Court filing: Justice Department will appeal Time Warner-AT&T merger approval  —  The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday.  —  Shares of AT&T slipped 1 percent in after-hours trading Thursday.
Will Sommer / The Daily Beast:
Crew member of anti-abortion movie steals reporter's notes at Lincoln Memorial, refuses to return them, surrenders them to officer after reporter calls police  —  A crew member of a controversial anti-abortion movie stole my notes while I reported from a shooting location in Washington, D.C. on Thursday morning.
Kyle Pope / Columbia Journalism Review:
Interview with Dan Rather, who found a large Facebook audience and appeared on digital newscasts for The Young Turks and Mark Cuban after leaving CBS in 2006  —  Editor's note: This is the second interview in an occasional series of journalists on journalism.  Read the first, with Seymour Hersh.
BBC:
UK government clears a proposed deal for 21st Century Fox to buy Sky if it sells Sky News  —  The UK government has cleared a proposed deal for Rupert Murdoch's 21st Century Fox to buy Sky.  —  The British broadcaster has been the subject of a fierce bidding war between Fox and US cable giant Comcast.
Discussion: BloombergQuint and Reuters
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 More News: 
Reuters:
Sources: Apollo Global Management has approached Nexstar, which owns TV stations that reach nearly 40% of US households, to express interest in acquiring it
 Earlier Picks: 
Gene Maddaus / Variety:
The Weinstein Co. lays off over 20 employees of a remaining staff of 70 two days before it plans to close its $289M bankruptcy sale to Lantern Capital
Discussion: The Wrap
 

 
From Techmeme:

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

Ryan Browne / CNBC:
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain

Wall Street Journal:
Apple removes WhatsApp, Threads, Signal, and Telegram from its App Store in China, after orders from the country's regulators citing national security concerns

 
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