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10:35 AM ET, August 7, 2020

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 Top News: 
Rachel Premack / Business Insider:
RELATED:
Todd Spangler / Variety:
Bon Appétit names Sonia Chopra, the director of editorial strategy at Eater, as executive editor, reporting to Anna Wintour for now
BuzzFeed News:
Staffers ask Zuckerberg what would happen if Trump uses Facebook to dispute the election; some staff say they have evidence of favoritism for right-wing pages  —  Facebook employees collected evidence showing the company is giving right-wing pages preferential treatment when it comes to misinformation.
Lukas I. Alpert / Wall Street Journal:
Source: News Corp has considered selling its Storyful unit, which it bought for $25 million in 2013, as part of efforts to streamline the company  —  Effort comes as Wall Street Journal parent looks to streamline operations  —  News Corp NWS 1.43% has considered strategic alternatives …
RELATED:
News Corp:
News Corp reports Q4 revenue of $1.92B, down 22% YoY, and a net loss of $401M; WSJ digital-only subscriptions grew 23% in the quarter
BBC:
Twitter says it will start labeling government-linked media accounts, as well as “key government officials”, from China, France, Russia, the UK, and US  —  Twitter says it will no longer “amplify” tweets by state-controlled media organisations, by excluding them from its recommendation systems.
Alex Barker / Financial Times:
Sources: UK's Evening Standard proposes to cut 115 jobs, or one third of staff, including 69 editorial positions, a ~40% reduction of the newsroom  —  London free sheet is keeping its print edition but speeding up restructuring after years of losses  —  About a third of jobs at the Evening Standard …
Discussion: Press Gazette
Eugene Volokh / Reason:
Subject of New York magazine article sues for libel, sexual harassment, and breach of contract, defining himself as a consultant for the outlet  —  See Hay v. New York Media LLC, a breach of contract, libel, and sexual harassment lawsuit brought by Bruce Hay (representing himself) …
Discussion: @eriqgardner
Kim Lyons / The Verge:
TikTok launches its first TV app, called More on TikTok, on Amazon Fire TV devices, featuring curated video playlists and compilations from its mobile app  —  More on TikTok will be free and view-only at launch  —  TikTok is launching its first TV app, called “More on TikTok,” on Amazon Fire TV devices today (via Business Insider).
Mike Peterson / AppleInsider:
Report: in Q1 2020, 54% of US households with broadband had a smart TV, surpassing the 42% share held by streaming devices like Roku  —  Streaming devices and set-top boxes like Roku or the Apple TV are increasingly losing ground to internet-connected smart TVs with the shift amplified by the coronavirus pandemic, new data shows.
Discussion: @appleinsider and The Information
Brent Lang / Variety:
AMC Entertainment lost $561.2M in Q2, when theaters were closed, with revenue of $18.9M, down 98% YoY but beating analyst estimates  —  AMC Entertainment lost $561.2 million during a quarter where the world's largest exhibitor's cinemas were closed to moviegoers and virtually its entire staff was laid off or furloughed.
NBC News:
Facebook removes hundreds of accounts tied to The Epoch Times and a foreign pro-Trump troll farm; accounts tied to Epoch Times pushed conspiracy theories  —  Facebook removed hundreds of accounts on Thursday from a foreign troll farm posing as African-Americans in support of Donald Trump and QAnon supporters.
The Wrap:
ViacomCBS to launch a paid international streaming service in early 2021 starting with Australia, Latin America, and Nordic countries  —  ViacomCBS is launching an international streaming service in early 2021, the company announced during its second-quarter earnings call Thursday.
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 More News: 
Kate Irby / The Fresno Bee:
A judge reiterated Rep. Devin Nunes can't sue Twitter over @DevinCow account, but Nunes filed an amended complaint; Twitter says prior immunity ruling was right
Jazz Tangcay / Variety:
The American Song Contest, copying the six-decade-old Eurovision show, is set to debut during the 2021 holiday season with contestants from 50 states
Tony Semerad / Salt Lake Tribune:
Salt Lake Tribune Executive Editor Jennifer Napier-Pearce resigns, citing differences with board chairman Paul Huntsman; board names David Noyce interim editor
 Earlier Picks: 
Keith J. Kelly / New York Post:
Advance Publications is considering moving Condé Nast out of One World Trade Center, where it has a 25-year lease, to address “current market conditions”
Lesley Goldberg / Hollywood Reporter:
NBC Entertainment Chairman Paul Telegdy is leaving following a shakeup, after claims he fostered a toxic culture; Frances Berwick to lead NBCU content strategy
Rick Edmonds / Poynter:
Ken Doctor's Lookout Local, a network of local digital outlets, to launch first in Santa Cruz in the fall with $2.5M in grants and an LAT content partnership
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

David Cassel / The New Stack:
An interview with Linus Torvalds at the Open Source Summit North America on the XZ Utils exploit, open source development, RISC-V, AI, and more

 
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