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8:40 AM ET, October 31, 2019


 Top News: 
[Thread] Twitter will stop accepting all political advertising on its platform globally starting November 22  —  We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons...🧵
Josh Constine / TechCrunch:
In an earnings call, Mark Zuckerberg defends Facebook's political ads policy, estimates ads from politicians will be less than 0.5% of company's revenue in 2020  —  As Jack Dorsey announced his company Twitter would drop all political ads, Facebook CEO Zuckerberg doubled-down on his policy of refusing to fact check politicians' ads.
Emily Stewart / Vox:
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure for Facebook and Mark Zuckerberg to follow suit  —  Twitter CEO Jack Dorsey announced his company is no longer going to allow political advertising on its platform.  David Becker / Getty Images
Maxwell Tani / The Daily Beast:
Sources: following public criticism of autoplay ads from G/O Media's editorial team, Farmers Insurance Group has pulled an ad deal, reportedly worth $1M+  —  The ads were axed after G/O Media staffers at Deadspin and other sites spoke out against irritating autoplay ads …
Sahil Patel / Wall Street Journal:
Sources: G/O Media decided to autoplay ads from Farmers Insurance Group after missing targets for a deal that required 43.5M impressions through September 2020  —  Management and staff battle over ad strategies and editorial edicts  —  The publisher of the former Gawker Media websites …
Thomson Reuters beats Q3 expectations with profit of $262M, up 51% YoY, on revenue of $1.41B, up 10% YoY, thanks to revenue paid by Refinitiv to Reuters News  —  NEW YORK (Reuters) - Thomson Reuters Corp (TRI.N) (TRI.TO), parent of the Reuters News agency, reported higher …
Discussion: Thomson Reuters
New York Times:
NBC News Digital employees say they are forming a union of 150 workers with the News Guild of New York, driven partly by the network's handling of misconduct  —  Employees of NBC's digital news division announced on Wednesday that they intend to form a union representing about 150 workers …
Brian Steinberg / Variety:
Catherine Herridge is leaving Fox News, where she's worked since 1996, for CBS News: “I feel privileged to join a team where facts ... will always matter”  —  Catherine Herridge, a Fox News Channel veteran who has been with that network since it was founded in 1996, is moving to rival CBS News.
Scott Roxborough / Hollywood Reporter:
Netflix will lease more space in Amsterdam for its Europe, Middle East, and Africa headquarters, adding room that can accommodate about 800 employees  —  The streaming giant is leasing more than 95,000 square feet of additional office space for its Europe, Mid-East and African operations …
Discussion: Digital TV Europe and Variety
Richard Stengel / Washington Post:
States should experiment with hate speech statutes given that the idea that underpins the First Amendment, that the truth will out, no longer holds  —  Richard Stengel, a former editor of Time, is the author of “Information Wars” and was the State Department's undersecretary for public diplomacy and public affairs from 2013 to 2016.
The Information:
Sources: Walmart is considering selling Vudu, its 15-year-old on-demand video service that lets people rent or buy individual shows or movies  —  Walmart is considering selling its 15-year old Vudu on-demand video service, say people familiar with the situation, a sign of how the digital video business …
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 More News: 
Tony Maglio / The Wrap:
WarnerMedia extends its carriage deal with the UK's Sky, keeping HBO programs in the European markets, and extends production partnership that yielded Chernobyl
Jim Waterson / The Guardian:
BBC tells employment tribunal that its rolling news channel is too niche to warrant Samira Ahmed receiving equal pay to presenters of high-profile shows
Georg Szalai / Hollywood Reporter:
French digital media company Brut., which makes “socially conscious” news and entertainment videos for young people, raises $40M Series B and launches in the US
Discussion: TechCrunch
 Earlier Picks: 
Judd Legum / Popular Information:
Facebook says it won't remove Pages promoting Daily Wire content because they're “run by real people”, but at least two are owned by Daily Wire's parent company
Peter Kafka / Vox:
HBO Max to launch in May and cost $15 a month, same as the existing HBO; AT&T plans to bundle free subscriptions for some customers of its other services
Will Cathcart / Washington Post:
WhatsApp sues NSO Group after investigating an attack that sent malware to 1,400 devices, targeting 100+ journalists and human rights defenders