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@jack:
[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...🧵
Discussion:
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Casey Newton / The Interface:
Twitter's political ad ban will run into enforcement issues on defining issue ads and possibly disadvantage lesser-known or nontraditional candidates — If you've ever wondered about the value of having multiple social networks competing to develop the best products and policies, Wednesday offered us a clear example.
Discussion:
First Draft, @ryangrim, @donie, @muckrakery, @heerjeet, @jalter, Washington Post, @jalter and @davegillis, more at Techmeme »
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
Discussion:
Fast Company, @willoremus, New York Times, Axios, CNBC, The Big Lead, @alexstamos, @chrizap, @internetryan, @dobbln, @alexstamos and CNBC, more at Techmeme »
Marc Tracy / New York Times:
In a revolt at Deadspin after the firing of top editor Barry Petchesky, at least 8 journalists resigned Wednesday; 6 of 10 staff writers quit in the past week — On Monday, the journalists at the freewheeling website Deadspin were instructed by its owners to stick to sports.
Discussion:
@drewmagary, @maxwelltani, @laurawags, @toley88, @gmgunion, The Outline, @jillian_schulz, @mckinneykelsey, Deadline, @madbastardsall, The Wrap, @kylenw, Poynter, @wesleylowery, @arayyay, @sopandeb, @dellcam, @adrianchen, @dianamoskovitz, @pablotorre, The Daily Beast, @patrickklepek, @albertburneko, Sports Illustrated, @theisen95, @k_trendacosta, @ositanwanevu, @yc, @lalpert1, @kashhill, @dcwoodruff, @patrick_wyman, @lindseyadler, @alyssabereznak, @anthony, @cliomiso, @yc, @sstirling, @itsa_talia, @mikefromwoburn, @theisen95, @ashleyfeinberg, @jamilahlemieux, @ositanwanevu, @ashleyfeinberg, @amandamull, @espiers, @stacycowley, @andytarnoff, @rumorsandrants, @jasongay, @megreenwell, @slasher, @jonbernhardt, @bubbaprog, @thedailybeast, @outline, @kerrymflynn, @hamiltonnolan, @blakeaued, @alanamassey, @megreenwell, @markmaxwelltv, @hayesbrown, @emorwee, @genepark, @steven_hyden, @nytmedia, @emmabaccellieri, @samfbiddle, @gideonresnick, @scottwamplerbmd, @megreenwell, @caseyjohnston, @jay_jaffe, TechCrunch, ABC17NEWS, The Wrap, Mediaite and New York Post
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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 …
Discussion:
New Republic, @gmgunion, @megreenwell, @thedevthomas, @nona, @aherman2006, @bmorrissey, @libbycwatson, @megancarpentier and @ryanlcooper
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 …
Discussion:
@barry, @bradinage42, @redford, Slate, The Nation, @jakemhs, @byalexzaragoza, @seth_rosenthal, @davidmackau, @futterish, @kateconger, @chrisgayomali, New York Daily News and Washington Post
Crunchbase:
Crunchbase, which aggregates and provides business information on public and private companies, raises $30M Series C led by Omers Ventures — We are excited to share that Crunchbase just closed a $30 million dollar Series C funding round led by OMERS Ventures.
Discussion:
TechCrunch and VentureBeat, more at Techmeme »
Reuters:
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:
Talking Biz News and Thomson Reuters
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 …
Charlotte Tobitt / Press Gazette:
The Ozone Project, the digital ad sales venture by News UK, Reach, the Guardian, the Telegraph, and others, says it reaches 99% of the UK's online population — Stylist Group has joined the advertising platform jointly owned by four national newspaper publishers.
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.
Discussion:
@robertmmahoney, @jim_edwards and @suzannenossel
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.
Discussion:
CNN, @hadas_gold, Politico, Mediaite, mailchi.mp, @cbsnewspress, @davidfolkenflik, @jmhaigh and @greta
Travis Clark / Business Insider:
Apple TV+ will be the cheapest streaming platform at $4.99/month at launch, but it's a tough sell with just four shows now and no licensed content library — - Apple TV Plus launches on Friday for $4.99 a month with only four original shows and no library of licensed content.
Discussion:
@nmcalone and @travclark2
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Benjamin Mayo / 9to5Mac:
Student subscribers to Apple Music, which costs $4.99 per month, will get Apple TV+ at no extra charge
Discussion:
TechCrunch, CNET and Complete Music Update
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