Mediagazer: Twitter beats with Q3 revenue of $936M, up 14% YoY, vs $777M est., ad revenue of $808M, up 15% YoY, but mDAUs of 187M, up 29% YoY, vs.196M est.; stock down 11%+ (Lauren Feiner/CNBC)

6:35 PM ET, October 29, 2020

Top News:

Glenn Greenwald / Greenwald:

Glenn Greenwald quits The Intercept, saying its editors refused to publish a post unless he removed parts critical of Biden; he will now publish on Substack — The same trends of repression, censorship and ideological homogeneity plaguing the national press generally have engulfed …

Discussion: @erikwemple, @ggreenwald, The Intercept, New York Times, CNN, Mediaite, The Guardian, Washington Post, @drjillstein, @joeberkowitz, @theintercept, The Hill, Fox News, The Wrap, @ggreenwald, Reason, @willchamberlain, @arifleischer, The Daily Caller, TheBlaze, @ggreenwald, @robbysoave, @oliverdarcy, @ashleyfeinberg, @mtaibbi, @neontaster, @alexstamos, @dorianlynskey, @mikeelk, @katie_robertson, Breitbart, @willoremus, @gaberivera, @spiegelpeter, @onekade, @andrewfeinberg, @medialens, @digiphile, @angryblacklady, @andylevy, @arguendope, @vermontgmg, @justinbaragona, @arrington, @benbwieder, National Review, @laralogan, @espiers, @josephfcox, @mtaibbi, @jimmysecuk, @therealhoarse, @mikeisaac, The Daily Beast, @leahmcelrath, @chrislhayes, @adamlehrer, @davidfrum, @oliverdarcy, @joannelipman, @benyt, @ggreenwald, @ashleyfeinberg, @tomgara, @lebassett, @bdomenech, @davidklion, @kbandersen, @imnotowned, @josephfcox, @karengeier, @kerrymflynn, @sarahnemerson, @noornahas1, @jakeswearingen, @tbogg, @dcseifert, @waywardwinifred, @lhfang, @glcarlstrom, @bariweiss, @caugustelliott, @sohrabahmari, @sjgrunewald, The Federalist and New York Post

Glenn Greenwald / Greenwald:

Glenn Greenwald publishes his email exchange with Intercept editors about his Biden story, which he says precipitated his resignation — Given The Intercept's vehement denials, readers are entitled to see for themselves what the truth is: transparency journalism with integrity requires.

Discussion: Greenwald, @ggreenwald, Mediaite, @jscros, @jscros, @davidklion, @politifact, The Daily Caller, Mother Jones and Politico

Sara Fischer / Axios:

Insider Inc., parent of Business Insider, buys a majority stake in Morning Brew in an all-cash deal; sources say the deal values Morning Brew at around $75M — Insider Inc., the parent company to Business Insider, closed an all-cash deal Thursday to buy a majority stake in Morning Brew …

Discussion: Business Insider, Talking Biz News, @c_senst, @zelllurie, @robertbryan4, @nichcarlson, @juiceboxca, @buslnessbarista, @tobydoyhowell, @morningbrew, @apompliano and @jeremarketer

Helen Coster / Reuters:

Comcast Q3: NBCU earnings down 38.7% YoY to $1.3B; revenue of $6.7B, down 19% YoY; ~22M Peacock signups; film revenue down 25% YoY to $1.3B, offset by licensing — (Reuters) - Comcast Corp CMCSA.O on Thursday reported better-than-expected third-quarter revenue, as strong sign-ups …

Discussion: CNBC, The Streamable, Comcast Corporation, The Streamable, TechCrunch, Adweek, @gerryfsmith and @variety

Erik Wemple / Washington Post:

NYT, by overstating Miles Taylor's seniority when it published his op-ed, and CNN, by letting him lie on live TV, disgraced themselves in the Anonymous charade — The New York Times got its traffic bonanza. It touched off a national debate. It owned social media. And now it's getting the payback that it deserves.

Discussion: New York Post, National Review, Media Nation, The Hill, Vox and TheBlaze

Michael D. Shear / New York Times:

CNN contributor and former DHS COS Miles Taylor reveals he is Anonymous, the senior Trump admin official who wrote a NYT column in 2018 and book in 2019 — Mr. Taylor, whose criticisms of President Trump in a New York Times Op-Ed article and subsequent book roiled Washington and infuriated Mr. Trump …

Discussion: @milestaylorusa, @erikwemple, @benyt, @oliverdarcy, Medium, Vanity Fair, @jacobsoboroff, @rosiegray, @victoriacoates, @rosiegray, @ericuman, @realdonaldtrump, @jonathanvswan, @markmeadows, The Hill, VICE, Raw Story, The Daily Beast, The Week, The Atlantic, Poynter, The Daily Caller, @juliancastro, @maggienyt, @waltshaub, @byronyork, @yamiche, @jaketapper, @alexkotch, The Wrap, @erikaandiola, @lutherlowe, @mantzarlis, @rmac18, @markmeadows, @daveweigel, @slpng_giants, @davidcorndc, @dangillmor, @jacob_brogan, @raicestexas, @richardgrenell, @adamserwer, @nytopinion, @joyannreid, @yashar, The Federalist, @hotlinejosh, @bgrueskin, @erikwemple, @bgrueskin, @ericboehlert, @williamturton, @mikebrestdc, @mattrosoff, @stevekovach, @kylegriffin1, @esaagar, @timmarchman, @jonathanvswan, @haleaziz, @broderick, @kentremendous, @wajahatali, @nowthisnews, @peterhamby, @perlberg, @benyt, @brianstelter, Mediaite, Slate, Axios, National Review, @brianstelter, Politico, NBC News, Fox News, Gothamist, Washingtonian, Associated Press and Breitbart

BBC:

BBC issues social media guidelines prohibiting staff from criticizing colleagues, “virtue signaling”, and expressing personal opinions on public policy, more — The BBC has issued new guidance on social media usage, which will force staff to maintain impartiality.

Julia Alexander / The Verge:

Netflix increases pricing for standard plan by $1 to $14/month and premium tier by $2 to $18/month; basic plan will remain $9/month — The basic plan will remain $9 a month — Netflix is introducing price hikes for its US subscribers today, increasing its standard plan to $14 a month and its premium tier to $18 a month.

David A. Graham / The Atlantic:

Though media coverage of Biden's chances is cautious, recent Trump scandals are getting little coverage likely because outlets think he won't win — You can teach old journalists the occasional new trick, but two? Forget it. — The 2016 election persuaded the press to avoid publicly presuming …

Discussion: Crooked Media, UPROXX, Slate, @ericboehlert, @ericschultz, @parabasis, @benyt, Al Jazeera, @theplumlinegs, The Daily Caller, @yappelbaum, @brendannyhan, Nieman Reports, The Week, NBC 6 South Florida and WHDH-TV

Emil Protalinski / VentureBeat:

Amazon reports Q3 “other” category revenue, which mostly covers its ad business, of $5.4B, up 51% YoY, and subscription services revenue of $6.58B, up 33% YoY — Amazon today reported earnings for its third fiscal quarter of 2020, including revenue up 37% to $96.1 billion …

Discussion: TechCrunch, Variety, Business Insider, CNBC, CNET and @mgsiegler, more at Techmeme »

Lauren Feiner / CNBC:

Twitter beats with Q3 revenue of $936M, up 14% YoY, vs $777M est., ad revenue of $808M, up 15% YoY, but mDAUs of 187M, up 29% YoY, vs.196M est.; stock down 11%+ — - Twitter reported earnings for its third quarter of 2020 on Thursday that beat analyst estimates on the top and bottom lines.

Discussion: TechCrunch, VentureBeat, Business Insider, Variety, ZDNet, Bloomberg, @cnbctech and @twitterir, more at Techmeme »

Roisin O'Connor / The Independent:

Spotify comes under criticism after Joe Rogan interviewed Alex Jones in a three-hour episode of his podcast on Tuesday; Jones was banned from Spotify in 2018 — Jones was banned from Spotify, as well as Facebook, Apple and YouTube, in 2018 — Spotify is under fire after Joe Rogan invited …

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More News:

Ben Sisario / New York Times:
Pressure for clean versions of explicit songs has fallen, but they still provide revenue and boost visibility, given parental controls on streaming platforms

Discussion: @sisario, @pkafka and @hilaryr

Brian Steinberg / Variety:
NBC's Nightly News: Kids to debut on traditional TV after months streaming online, as ViacomCBS reboots Nick News and CNN partners with Sesame Workshop

Discussion: @nbcnewspr and TVNewser

Anne Steele / Wall Street Journal:
Spotify had total Q3 revenue of €1.97B, up 14% YoY, ARPU of €4.19, down 10% YoY, with 320M MAUs, up 29% YoY, and 144M paying subscribers, up 27% YoY

Discussion: Variety, CNN, 9to5Mac, TechCrunch, @kerrymflynn, @kerrymflynn, The Verge, @kerrymflynn and Rolling Stone, more at Techmeme »

Pew Research Center:
Pew: 79% of US adults say news coverage favors one side and 83% blame the unfair coverage on media outlets, not on individual journalists

Discussion: @pewjournalism and American Press Institute

Nancy Scola / Politico:
Profile of Vijaya Gadde, Twitter's head of legal, policy, trust & safety, who sources say led it to a tougher line on speech, including a ban on political ads

Discussion: @jamesloduca, TechCrunch, @nancyscola, @amydiehl, @nancyscola, @johnhendel, @twittercomms, @nancyscola, @nancyscola, @nancyscola and @politico

Earlier Picks:

New York Times:
In a Senate hearing on Section 230, Republican senators said tech companies were censoring conservative views; Democrats called the hearing a political sham

Discussion: Washington Post, Variety, Ad Age, The Verge, The American Independent, Columbia Journalism Review, VentureBeat, @evanderburg, @ceciliakang, @b_fung, @pierce, Pew Research Center, @evan_greer, @ceciliakang, @evanderburg and Fortune, more at Techmeme »

Burl Gilyard / Twin Cities Business:
Star Tribune abruptly shuts City Pages, a 40-year-old alt weekly in Minneapolis, citing the pandemic and without seeking a buyer

Todd Spangler / Variety:
RTL Group sells its stake in Canada-based digital media and tech company BroadbandTV for $120M, as BBTV launches an IPO on the Toronto Stock Exchange

Discussion: @ashkan and @xpangler

Reuters:
Italy's antitrust authority to investigate Google for alleged abuse of its dominant position in the online display ad market, following a complaint by IAB Italy

Discussion: Protocol, @jason_kint, Associated Press and TechCrunch, more at Techmeme »

From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

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