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12:25 PM ET, July 2, 2020

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 Top News: 
Robert Channick / Chicago Tribune:
Tribune Publishing adds Alden Global Capital's co-founder, Randall Smith, to board, giving Alden 3 of 7 seats, and caps Alden's stake at 33% for another year  —  Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder …
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  —  The Los Angeles Times' food editor, Peter Meehan, has resigned from the paper after being accused on social media of fostering an abusive work environment for his employees.
RELATED:
VICE:
Over 40 sources detail discontent at Los Angeles Times, which hired Norman Pearlstine to fix a chaotic newsroom; some staff are frustrated at too little change  —  Two years ago, a billionaire owner asked Norman Pearlstine to reinvent a storied American newspaper.  Some in his own newsroom say he's fallen short.
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  —  Well-known local presenters to lose jobs and concerns raised about news quality  —  The BBC is to make 450 staff working on its regional programmes …
CNN:
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending  —  New York (CNN Business)Hundreds of companies have promised to halt advertising on Facebook and its sibling platform Instagram …
RELATED:
Reuters:
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
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 …
Sara Fischer / Axios:
Twitter removed a picture from a Trump tweet after receiving a DMCA complaint from the NYT, which owns the rights to the photo taken in 2015 by Damon Winter  —  Twitter has removed a picture from a tweet by President Trump on Tuesday after it received a Digital Millennium Copyright Act …
New York Times:
NY appellate judge rules that Simon & Schuster can go ahead with publishing Mary Trump's book, reversing a lower court that had temporarily halted publication  —  The decision reversed a lower court's ruling that had temporarily halted publication of the book by the president's niece …
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10  —  Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok .  The social juggernaut's TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday.
Meghna Rao / Nieman Lab:
Profile of Lokal, a geographically focused news app in India with original reporting in four languages produced using an existing infrastructure of stringers  —  Lokal founders Jani Pasha and Vipul Chaudhary were convinced that what India's non-English speaking internet population needed …
Discussion: @niemanlab
Maxwell Tani / The Daily Beast:
William Morrow, an imprint of HarperCollins, says it will no longer publish Ed Henry's book, Saving Colleen, after he was fired over sexual misconduct claims  —  The network announced Wednesday that the rising on-air star had been fired after an investigation into allegations of misconduct.
RELATED:
Alex Weprin / Hollywood Reporter:
Fox News says it has fired America's Newsroom anchor and former chief White House correspondent Ed Henry over sexual misconduct claims
 
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 More News: 
Anthony Ha / TechCrunch:
DoubleVerify names new CEO, Mark Zagorski, most recently president and COO of the Rubicon Project, following February resignation of Wayne Gattinella
Discussion: Adweek and AdExchanger
 Earlier Picks: 
Todd Spangler / Variety:
NBCU sells Bluprint, its streaming service focused on crafts and hobbies, to TN Marketing, a Minneapolis-based streaming business
Discussion: Talking Biz News
Julie Posetti / CNN:
Sources: Maria Ressa told Facebook execs in 2018 that “I could go to jail” if no changes were made about misinformation and threats against her and her staff