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3:25 AM ET, July 3, 2020


 Top News: 
Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT's Lorenz  —  In leaked audio from an invite-only app, venture capitalists pondered everything they think is wrong with journalism.
Judd Legum / Popular Information:
Facebook says it now finds that there is an undisclosed financial relationship between The Daily Wire and Mad World News and will temporarily demote the latter  —  The Daily Wire's Ben Shapiro (Photo by Rich Polk/Getty Images for Politicon)  —  Facebook has concluded there is an undisclosed …
Tom Dotan / The Information:
Reuters has told employees that it is planning on putting many of its articles behind a subscription paywall  —  Reuters is planning on putting many of its articles behind a subscription paywall, the news service told employees.  Reuters would become one of the last free news services …
Jeremy Gordon / Columbia Journalism Review:
A requiem for The Outline, which had a broad editorial vision with creative freedom for staff, and which closed in April after less than four years of existence  —  On April 3, the day The Outline was shut down and its editorial staff let go, my coworkers and I received hundreds of messages …
Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger  —  Every day, it seems, another major corporation joins the advertiser boycott against Facebook.  First came The North Face, REI and Patagonia.
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
Kerry Flynn / CNN:
Refinery29 President Amy Emmerich steps down; the site's union called for her resignation in June, and Vice was probing claims of toxic behavior at Refinery29  —  New York (CNN Business)Amy Emmerich, global president and chief content officer of Refinery29, announced Thursday that she is stepping down from her position immediately.
Hilary Lewis / Hollywood Reporter:
Walmart will convert 160 parking lots into drive-in movie theaters with film programming by Tribeca Enterprises from August to October  —  The retailer will transform its store parking lots into contact-free movie theaters, allowing viewers to have a socially distanced big-screen experience amid the coronavirus pandemic.
Lucas Shaw / Bloomberg:
Caffeine, which aims to compete with Twitch but focuses on content like rap battles, has raised $113M, led by Fox Corp, Cox Enterprises, and Sanabil Investments  —  - Fox, Cox Enterprises among investors leading funding round  — Music competitions have helped attract 2 million users
Maiysha Kai / The Glow Up:
Following the publication of an open letter alleging mistreatment, misconduct, and mismanagement at Essence, the outlet names Caroline Wanga interim CEO  —  The pioneering and still most prominent media brand for Black women will once again have one at the helm—at least, for the immediate future.
Dominic Ponsford / Press Gazette:
The New Statesman says it is dropping all network advertising from its site and announces it has passed 30,000 paid subscriptions for the first time in 40 years  —  The New Statesman has revealed that it is dropping all network advertising from its website as Covid-19 has “accelerated a number of trends in business and society”.
Discussion: New Statesman and New Statesman
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 More News: 
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10
Jim Waterson / The Guardian:
The BBC is laying off 450 people, representing a sixth of BBC England staff, to save £25M, per NUJ, and axing regional news show Inside Out
 Earlier Picks: 
J. Clara Chan / The Wrap:
LA Times food editor Peter Meehan has resigned after a series of tweets on Monday alleged that he fostered an abusive workplace environment for his staff