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12:15 AM ET, May 8, 2020

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 Top News: 
Laura McGann / Vox:
To hold up to scrutiny, #metoo reporting has been built on extraordinary amounts of evidence and multiple accusers, factors missing in the case of Tara Reade  —  Tara Reade, a former staff assistant in Joe Biden's Senate office, on April 11.  Max Whittaker/New York Times/Redux
News Corp:
News Corp reported $2.27B in revenue for the quarter ending March 31, down 8% YoY, with a net loss of $1B vs. net income of $23M in the prior year  —  - Revenues were $2.27 billion, an 8% decline compared to $2.46 billion in the prior year  — Non-cash impairment charges of $1.1 billion …
RELATED:
Alex Weprin / Hollywood Reporter:
Rupert Murdoch will give up all of his News Corp cash bonus for this fiscal year, and CEO Robert Thomson will give up 75% of his cash bonus  —  The mogul will give up all of his cash bonus at his publishing company.  —  Media mogul Rupert Murdoch will give up 100 percent of his cash bonus …
Discussion: Reuters and @kimmasters
CNN:
In June 2015, White House Press Secretary Kayleigh McEnany harshly panned Trump, calling his comments on Mexican immigrants “racist”, then defended him by July  —  (CNN)New White House press secretary Kayleigh McEnany was a harsh critic of then-candidate Donald Trump before she became …
Todd Spangler / Variety:
Roku posts revenue of $320.8M for Q1, up 55% YoY, and a net loss of $54.6M, warns that ad revenue growth will slow this year; stock down 9%+ after hours  —  Roku's first-quarter revenue beat Wall Street estimates as COVID-19 quarantines have resulted in a massive streaming surge for the company.
RELATED:
Dade Hayes / Deadline:
ViacomCBS CEO says CBS All Access will be rebranded this summer, expand internationally in the next year, and add content from Paramount, BET, and others
New York Times:
Publishers and marketing execs say some advertisers essentially boycotted serious journalism unintentially by blocking ads from running near certain keywords  —  The Home of the Whopper, Verizon and Amazon are among the relative few that haven't been afraid to run ads near coverage of the coronavirus.
Joe Pompeo / Vanity Fair:
The NY Post and the Daily News, already reeling and still largely dependent on newsstands, have never looked more precarious than amid the COVID-19 emergency  —  The Post and the News, crucial pillars of the city's mindset, are reeling, with little hope in site.  Could Rupert Murdoch sell the Post?
Abby Ohlheiser / MIT Technology Review:
A look at the symbiotic ties of anti-vaxxers and COVID-19 conspiracy theorists with mainstream YouTubers, as the platform tries to regulate misinformation  —  Covid-19 conspiracy theorists are still getting millions of views on YouTube, even as the platform cracks down on health misinformation.
Fern Siegel / The Streamable:
NBCU's streaming service Peacock will be available on Xbox One devices at launch on July 15  —  Peacock is expanding its audience reach.  At its July 15 national rollout, the service will be available on Microsoft's Xbox One devices, including Xbox One S and Xbox One X.
Ellen Hammett / Marketing Week:
Study: half of the money brands invest in programmatic advertising never reaches online publishers; 15% of the money is unattributable to supply chain players  —  A new study by ISBA has found that half the money advertisers invest in programmatic advertising never reaches online publishers …
 
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 More News: 
Dominic Ponsford / Press Gazette:
The Register in UK has settled a libel case with a CEO who defamed a reporter and editor in tweets, posts, and a Google ad; CEO has apologized, will pay damages
Josh Mabry / Facebook Journalism Project …:
Facebook awards $16M in grants to 200+ local news outlets: $10.3M from the COVID-19 relief fund and $5.4M for participants in its local news accelerator program
Nathan Bomey / USA Today:
Gannett Q1: $99.1M in adjusted earnings; revenue of $939M; print ad rev $268M, down 21% YoY; circulation rev $375M, down 7.5% YoY; digital subs up 29% to 863K
 Earlier Picks: 
Alan Rusbridger / OneZero:
Some will inevitably see Facebook's Oversight Board as a fig leaf, but in my view, there's no excuse for not trying
Joe Mandese / MediaPost:
Axel Springer to merge eMarketer and Business Insider Intelligence to form Insider Intelligence
Discussion: Digiday
Marc Tracy / New York Times:
NYT Q1: net income up 8.9% YoY to $32.8M on revenue of $443.6M, up 1% YoY, ad rev fell 15.2% YoY, digital subscriptions grew 39.6% YoY to 5M of 5.8M total subs
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Cheng Ting-Fang / Nikkei Asia:
TSMC unveils a new chip manufacturing technology called A16, and says the company plans to start producing its ultra-advanced 1.6nm chips by 2026

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to support an up to $125B investment to build a “megafab” in New York and Idaho over the next 20 years
 
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