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8:40 AM ET, November 16, 2018

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 Top News: 
Wall Street Journal:
Sources: DOJ is preparing to prosecute WikiLeaks founder Julian Assange; exact charges are unclear but could possibly involve the Espionage Act  —  Over the past year, U.S. prosecutors have discussed several types of charges they could potentially bring against the WikiLeaks founder
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Washington Post:
Court filings in an unrelated case and sources reveal prosecutors have charged Julian Assange under seal, but the nature of charges remains unclear  —  WikiLeaks' founder Julian Assange has been charged under seal, prosecutors inadvertently revealed in a recently unsealed court filing …
Jacob Kastrenakes / The Verge:
Facebook to demote “borderline content” in News Feed by default and let users appeal content moderation decisions to an independent body  —  The new term is ‘borderline content’  —  Facebook is once again tweaking how stories spread through the News Feed, this time going after posts that are …
Brian Stelter / CNN:
Judge postpones his decision until Friday in CNN's preliminary hearing against the White House over Jim Acosta's press pass  —  (CNN)Lawyers for CNN and the Trump administration are awaiting an initial ruling on the network's federal lawsuit over press access to the White House.
Karl Bode / Techdirt:
Facebook's use of Definers Public Affairs is by no means unique, mirroring the way the telecom industry uses think tanks, PR firms, and bogus news operations  —  So by now most people have probably read the New York Times deep dive into what can only be described as Facebook's deep well of internal dysfunction and self delusion.
RELATED:
NBC News:
Definers, the lobbying firm used by Facebook, runs a “news” site with positive posts on clients, negative posts on rivals, and a Facebook page followed by 120K+  —  Facebook's ties to Definers Public Affairs, first reported on Wednesday in The New York Times, sparked widespread criticism and accusations of hypocrisy.
Brian Steinberg / Variety:
Viacom tops Q4 expectations with profit of $386M down from $674M in 2017, with revenue from cable operations falling 1% to $2.52B due to ad revenue shortfall  —  Viacom Inc. said net income in its fiscal fourth quarter fell as revenue slumped overseas and stayed flat with year-earlier results …
Jem Aswad / Variety:
Apple signs a multiyear deal with a top independent studio, New York-based A24, for a slate of films  —  Apple is enlisting Oscar-winning indie studio A24 to produce a slate of films for the tech behemoth.  The partnership comes as Apple is delving more deeply into making its own shows and movies …
Ed Christman / Billboard:
Universal Music Group reported $1.73B revenue for Q3 as streaming revenue hits $767M, a 37.6% increase YoY; parent Vivendi narrows bankers for partial UMG sale  —  Parent company Vivendi says it is narrowing down banks to help sell as much as half of the major record label.
Discussion: Financial Times
 
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 More News: 
Daniel Funke / Poynter:
The absence of local fact-checking during key midterm races in NV, NM, OH, PA exemplifies the decline of local fact-checking alongside local journalism
Benjamin Oreskes / Los Angeles Times:
After covering last year's Oroville dam failure, Chico Enterprise-Record editor David Little knew to prioritize nuts-and-bolts information for the CA Camp fire
John Eggerton / Broadcasting & Cable:
FCC Chair Ajit Pai says he plans to stay in his post at least through the next two years
 Earlier Picks: 
Kali Hays / WWD:
Sources: Seventeen magazine is cutting down its print edition from the current bimonthly schedule to special standalone issues starting next year