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11:55 AM ET, June 4, 2019


 Top News: 
Brian Stelter / CNN:
After complaining about CNN, Trump suggests customers boycott the network's corporate parent, AT&T; source says AT&T executives expected such attacks eventually  —  California (CNN Business)President Trump's years-long effort to punish CNN for its news coverage took a new …
Joshua Benton / Nieman Lab:
At WWDC, Apple splits iTunes into Podcasts, Music, and TV, announces full-text podcast search, and tools to allow publishers to easily port iOS apps to Mac  —  Apple just finished the annual keynote event at its Worldwide Developers Conference (WWDC), the two hours each year when Apple tells us …
Tony Munroe / Reuters:
Refinitiv, which is partly owned by Reuters, has removed Reuters news stories about Tiananmen from its Eikon terminal under pressure from China's government  —  BEIJING (Reuters) - Under pressure from China's government, financial information provider Refinitiv has removed …
Wall Street Journal:
Sources: FTC secured the rights to begin an antitrust probe of Facebook as part of an agreement to let DOJ lead a Google probe  —  Federal antitrust enforcers and lawmakers are poised to scrutinize the nation's largest technology companies for potential anticompetitive practices …
Max Willens / Digiday:
Facebook says its tools allowing paywall deployment through Instant Articles are now widely available, tests News Funding for converting paying subs inside FB  —  Facebook is doing more to help publishers big and small pursue subscriptions, both on and off its platform.
Discussion: Nieman Lab
Oliver Darcy / CNN:
Co-author of NYT Biden-Ukraine story hired as Ukraine president's spokesperson; NYT defends article, says it didn't know of her application for the job  —  New York (CNN Business)The New York Times reported last month that Joe Biden was facing conflict of interest questions for his role …
Sources: Google's ad market dominance and its effect on ad tech firms and publishers is one of the areas of the DOJ's possible antitrust investigation  —  SAN FRANCISCO/WASHINGTON (Reuters) - Ad tech firms and publishers have had to stay in the good graces of Google or risk insolvency.
Todd Spangler / Variety:
FloSports, a provider of live streaming and on-demand sports programming, raises $47M led by Discovery with WWE participating, bringing total raised to $75M  —  FloSports, a provider of live-streaming and on-demand niche sports programming, announced a $47 million Series C funding round, led by current investor Discovery.
Discussion: Reuters, The Wrap and Awful Announcing
Sarah Perez / TechCrunch:
Spotify Stations, a lightweight listening app offering easy access to curated playlists, has arrived in the US after initially launching in Australia last year  —  Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists …
Amanda Meade / The Guardian:
News Corp Australia plans to cut 55 journalists across the country who lack digital skills  —  Staff told ‘big cuts’ will include 55 editorial posts as executive chairman says newsrooms need ‘new skills’  —  News Corp staff will be hit by a widespread round of targeted redundancies, including 55 journalists, within days.
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 More News: 
James Walker / Press Gazette:
Police drop investigation of two Belfast journalists arrested for alleged theft of a confidential police document used in their No Stone Unturned film
Discussion: The Guardian
Anthony Ha / TechCrunch:
Newsletter provider Substack now lets newsletter publishers create public or subscriber-only discussion threads
Discussion: Substack Blog
 Earlier Picks: 
Patience Haggin / Wall Street Journal:
Report: US advertisers spent $479.1M on podcast ads in 2018, up 53% from 2017, and are predicted to spend $678.7M this year
New York Times:
Researchers find YouTube's recommendation algorithm is curating home movies of unwitting families into a catalog sexualizing children
Edmund Lee / New York Times:
Pricing WarnerMedia's streaming service is complicated by HBO's $15/month price: it's double Disney's, but lowering it threatens revenue from cable partners