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FTC announces a $5B fine against Facebook for repeated privacy violations as part of a settlement that requires federal oversight of its business practices — The settlement between the Federal Trade Commission and Facebook ends a 16-month probe that began after revelations of the tech giant's entanglement with Cambridge Analytica
Discussion:
@ashk4n, Facebook, Federal Trade Commission, Adweek, Bloomberg, @alexstamos, NBC News, @chopraftc, The Wrap, Slate, Bloomberg, @chopraftc, Fast Company, Facebook, CNET, @pkafka, @chopraftc, Reuters, @kottke, @sarahfrier, Vox, Boing Boing, @markseibel, @privacymatters, @ashk4n, @reckless, @mikeisaac, @joesimonsftc, @daviduberti, @nickconfessore and @leakissner, more at Techmeme »


AT&T Q2: 778K net loss in DirecTV, U-verse customers; 168K net DirecTV Now subscriber loss; WarnerMedia revenue up 5.5% YoY to $8.35B, operating income up 10.3% — WarnerMedia was AT&T's fastest-growing division in the second quarter of 2019. But the telco showed ongoing signs of trouble …
Discussion:
The Wrap, MediaPost, Fast Company, Multichannel News, @whatthebit, Deadline, Broadcasting & Cable, The Streamable, @xpangler, CNET and Reuters
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HBO Max streaming service set to launch next spring will eventually include live sports and news programming, says AT&T CEO Randall Stephenson — AT&T chief Randall Stephenson told investors Wednesday that the HBO Max streaming service set to launch next spring will eventually include live sports and news programming.
Discussion:
The Streamable, The Wrap and The Verge

AT&T plans yet another new video streaming service, AT&T TV, which it will pilot in select markets this summer
Discussion:
Engadget, Broadcasting & Cable, @dkatzmaier and FierceVideo


Interviews, including with the dev who led the team behind the retweet button, discuss the power of retweets to drive extreme content and spread misinformation — Developer Chris Wetherell built Twitter's retweet button. And he regrets what he did to this day.
Discussion:
@kantrowitz, @katiebakes, @eli_schiff, 9to5Mac, @ericajoy, @noupside, Gizmodo and The Hill, more at Techmeme »


Snap adds 13M DAUs in Q2, attributes growth to exclusive Discover content with 35% YoY increase in daily Discover users and total daily time spent on it up 60% — New York (CNN Business)Snapchat has the makings of a comeback story. — Snapchat (SNAP) added 13 million daily users …
Discussion:
Business Wire, Observer, The Verge, The Wrap and Axios, more at Techmeme »


Media companies keep playing a blame game, pointing to tech companies for their failures, but sales execs focused on short-term thinking should take the blame — Earlier this week, the New York Post reported that the cover of the July 29th issue of Time magazine, which celebrates …
Discussion:
@om, TechCrunch, @corybe, @mcoatney, @joshelman, @sapnasf, @mariarodale, @corybe, @millie, @nickhagar, @dqandrade, @glecharles, @lauraelizdavis, @chaddickerson, @arctictony and @mathewi


The Washington Post establishes a computational political journalism R&D lab to augment its campaign 2020 coverage — The Washington Post's newly launched elections engineering team will establish a computational political journalism R&D lab in the newsroom this fall.
Discussion:
@megdunk, @tylrfishr, @jeremybowers and @jeremybowers


Netflix launches a $2.80 per month mobile-only subscription plan in India, restricted to one mobile device at 480p standard definition — Netflix has a new plan to win users in India: make its service incredibly cheap. The streaming giant today introduced a lower-priced mobile tier in the country that costs Rs 199 ($2.8) per month.
Discussion:
Variety, Netflix Media Center, Gizmodo, Fast Company and XDA Developers, more at Techmeme »


Staples launches a quarterly print and digital magazine, Staples Worklife, as part of a brand refresh and lifestyle marketing push — - Staples launched a quarterly magazine for sparking conversation and provide resources for professionals who see their work “as more than just a job,” according to a press release.
Discussion:
Talking Biz News, @nwquah, Dealerscope, @staples, Chain Store Age and MediaPost


Journalists' unique use of social media exacerbates all its negative psychological effects, which can lead to mental health problems — Social presence is no longer a hobby, it is a journalism skill. So if cancelling all your accounts is not an option, what else can you do to stay safe and sane online?


Ad spend in print magazines in US fell 18% YoY in 2018, but spend in magazines' digital verticals rose 3.3%; magazine advertisers spent $13.64B total, down 12% — A few editors had success last year online and on YouTube, but digital ad dollars are very, very slow to appear.
Discussion:
@ricmac and @elizabethangell


Unlike her predecessors, Trump's new Press Secretary Stephanie Grisham has remained mostly silent to the public, playing a behind-the-scenes role — In one of the most fiery months of the Trump presidency, the new press secretary has had very little to say.
Discussion:
@ericboehlert, @politico, @brianstelter, @dandrezner and @politico


NYT R&D debuts The News Provenance Project to explore product design and user-facing tools to make content origins clearer to audiences and fight misinformation — The Times's Research & Development team is exploring ways to make the origins of journalistic content clearer to news audiences.
Discussion:
Nieman Lab, @sashak, The Next Web, @dangillmor, CoinDesk and Talking Biz News