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8:40 AM ET, July 31, 2020

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 Top News: 
Margaret Sullivan / Washington Post:
Pew research shows Americans who rely on social media for news are more misinformed than others; the numbers show Americans have given up amid the war on truth  —  You may have heard about the viral video featuring a group of fringe doctors spouting dangerous falsehoods about hydroxychloroquine as a covid-19 wonder cure.
Shane Harris / Washington Post:
DHS has compiled and disseminated “intelligence reports” on 2 US journalists who have published leaked, unclassified documents about DHS operations in Portland  —  The Department of Homeland Security has compiled “intelligence reports” about the work of American journalists covering protests …
Josh Taylor / The Guardian:
Australia's Competition and Consumer Commission releases draft rules that would require Google and Facebook to share data and revenue with media companies  —  Consumer watchdog unveils ‘hundreds of millions’ in potential fines under code drawn up after talks stalled between tech and news companies
Ann-Marie Alcántara / Wall Street Journal:
BuzzFeed's new standalone site BuzzFeed Shopping lets visitors buy directly on it, earning it an average commission of 25%  —  The publisher has ramped up its commerce division over the years  —  BuzzFeed has long recommended products to its audience, earning a cut of the revenue …
Discussion: @emmahunt10
Bloomberg:
Sources: Facebook has made deals with Sony, UMG, and Warner Music for the right to show music videos and approached artists about exclusive rights to videos  —  - Social giant also could bankroll some video production  — Music videos have surged on YouTube during the pandemic
John Canzano / Oregonian:
Documents and interviews reveal new details about the Pac-12 Conference's plan to buy advertising to support coverage at the Los Angeles Times in 2018-2019  —  The Pac-12 Conference had a publicity problem.  —  The conference was in deep distress in 2018.
Lara Seligman / Politico:
Matt Binder / Mashable:
Maffick LLC files a lawsuit against Facebook for applying “Russia state-controlled media” labels to its pages and posts  —  An online media company identified as “Russia state-controlled” on Facebook is now suing the social network over that very label.
Discussion: @donie, @donie and Scribd
Todd Spangler / Variety:
Alphabet reports YouTube ad revenue of $3.81B, up 5.8% YoY, but down from $4.04B in Q1  —  Alphabet, Google's parent company, posted a 2% decline in revenue while it still topped Wall Street estimates.  —  For Q2, YouTube's ad revenue was $3.81 billion, up from $3.60 billion in the year-ago period.
Emil Protalinski / VentureBeat:
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $4.22B, up 41% YoY, and subscriptions services revenue of $6.02B, up 29% YoY  —  Amazon today reported earnings for its second fiscal quarter of 2020, including revenue up 40% to $88.9 billion …
Jill Goldsmith / Deadline:
Asked whether Amazon is asking for not only money but content in exchange for carrying HBO Max on Fire TV, Bezos said he isn't familiar enough with negotiations  —  The current throwdown between Amazon and HBO Max got pulled into a tech titan hearing on Capitol Hill Thursday.
Discussion: The Desk and Hollywood Reporter
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 More News: 
Joshua Benton / Nieman Lab:
NYT should consider increasing the health of local news a core part of its mission and explore sharing data, ad inventory, content, tech stacks, subscriptions
Hadas Gold / CNN:
Boris Johnson is hiring a spokesperson, akin to the White House press secretary, for his government's daily press briefings, which are meant to start in October
 Earlier Picks: 
Mark Gurman / Bloomberg:
Emails from 2016 show Apple agreed to halve its 30% App Store fee for Amazon as part of deal to get the Prime Video app on iPhones and Apple TV
Alex Sherman / CNBC:
ViacomCBS is adding 70 TV series to CBS All Access from its Viacom cable networks and plans to officially relaunch with a new name in early 2021
Lauren Feiner / CNBC:
Comcast Q2: revenue of $23.7B; NBCU revenue fell 25.4% YoY to $6.12B; filmed content licensing revenue grew 19.5% YoY; Peacock has 10M signups since July launch
Kerry Flynn / CNN:
Staffers at Hearst Magazines have voted 241-83 to form a union through Writers Guild of America, East, after a nine-month campaign
 

 
From Techmeme:

Kif Leswing / CNBC:
Nvidia announces Blackwell, a new generation of AI chips available later in 2024, starting with the GB200 superchip, which pairs two B200 GPUs with a Grace CPU

Mark Gurman / Bloomberg:
Sources: Apple and Google are in active talks to use Gemini to power some new iPhone features in 2024; Apple also held talks with OpenAI to use its models

Samuel Tolbert / Windows Central:
Valve debuts Steam Families in beta, allowing a group of up to six Steam users to share their games, manage parental controls, and more

 
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