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12:55 PM ET, May 5, 2021

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 Top News: 
Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules  —  The Board has upheld Facebook's decision on January 7, 2021, to restrict then-President Donald Trump's access to posting content on his Facebook page and Instagram account.
RELATED:
Politico:
After teasing a new social media platform, Trump debuts a new section on his website that's effectively a blog  —  Former President Donald Trump launched a new blog Tuesday to get his message out to users, a task that's been complicated by his bans from Facebook, Twitter and other social media platforms.
Katharine Viner / The Guardian:
On the Guardian's 200th anniversary, its EIC lays out her vision for the newspaper in its third century and what role media can play in a post-pandemic world  —  On the Guardian's 200th anniversary, our editor-in-chief sets out how media can help rebuild a better world beyond Covid
Edmund Lee / New York Times:
NYT added 301K digital subscribers in Q1, the slowest gain in over a year, for a total of 6.9M digital subs and 7.8M total subs, with profit up 54% YoY to $68M  —  The publisher added 301,000 digital subscribers for the first quarter, the slowest gain in over a year.  Profits jumped, beating Wall Street expectations.
Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook used in targeting the ads  —  A series of Instagram ads run by the privacy-positive platform Signal got the messaging app booted from the former's ad platform, according to a blog post Signal published on Tuesday.
Sarah Scire / Nieman Lab:
Scroll's 13-person team will work on integrating the product into a Twitter subscription service; a Twitter team hopes to build the best of Nuzzel into Twitter  —  But we have bad news.  The acquisition means that the handy news aggregator Nuzzel will be shut down.
RELATED:
Dieter Bohn / The Verge:
Twitter buys Scroll, the $5/month service that removes ads from partner news sites; Scroll's Nuzzel email service will shut down on May 6  —  The Nuzzel email service is winding down and the future of Scroll is uncertain  —  Twitter's acquisition spree continues today with Scroll …
Larry McShane / New York Daily News:
A New York Daily News reporter asks for a committed New York City owner to rescue the newspaper from “visiting vulture” Alden Global Capital  —  Like any good tabloid headline, it's simple, snappy and succinct: DAILY NEWS NEEDS NEW OWNER.  —  And not just any owner: a New York owner …
Brad Stone / Bloomberg:
How Jeff Bezos beat the National Enquirer by casting himself as a sympathetic defender of the press fighting a political conspiracy by AMI and Trump's allies  —  When a gossip rag went after the CEO, he retaliated with the brutal, brilliant efficiency he used to build his business empire.
Taylor Lorenz / New York Times:
Profile of MrBeast, the most subscribed YouTuber in the US, who took a bumpy road to fame through stunt philanthropy, as he branches out into other businesses  —  Jimmy Donaldson, 22, is out to become the Elon Musk of online creators.  —  Jimmy Donaldson, 22, a YouTube megastar better known as Mr. Beast …
Damien Wilde / 9to5Google:
YouTube says Shorts, its TikTok rival, will roll out to all US-based creators next week, after testing in beta in March  —  YouTube is vigorously pushing Shorts with the TikTok short-form video competitor within the main platform now available and rolling out to all US-based creators.
 
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 More News: 
Sarah Perez / TechCrunch:
Apple announces “Search tab campaigns” for App Store, a new ad unit that lets developers promote apps alongside the Suggested list of results
Mike Juang / Ad Age:
IAB: CTV ad spend outpaced mobile and desktop video in 2020, reaching ~$20M/advertiser, up 22% YoY; 73% of buyers said they moved funds from broadcast budgets
Discussion: Beet.TV
Patrick Sisson / Bloomberg:
How Albuquerque became Netflix's North American production hub, as tax incentives spur the company to invest in infrastructure to hedge against unpredictability
 Earlier Picks: 
Reuters:
Thomson Reuters beat Q1 estimates, with total sales up 4% to $1.58B and overall profit rising by a third to $387M; Reuters News grew sales by 2% to $160M
Todd Spangler / Variety:
YouTube announces new series with Will Smith, Alicia Keys, and other big names as it emphasizes its large reach during an event for potential advertisers
Jane Lee / Reuters:
Kajabi, which helps people monetize expertise through websites, online classes, newsletters, and podcasts, raises $550M led by Tiger Global at a $2B+ valuation
Erik Wemple / Washington Post:
The recent corrections on Giuliani reporting, where NYT and NBC News confirmed WaPo's incorrect report, suggest some outlets place too much faith in their peers
Michael M. Grynbaum / New York Times:
Yamiche Alcindor, the White House correspondent for PBS NewsHour and once a frequent target of Trump's ire, will become host of the PBS show Washington Week
 

 
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

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

Sean Michael Kerner / VentureBeat:
Stability AI debuts Stable Video 3D, a generative AI tool built on its Stable Video Diffusion model, letting users create 3D video from a text or image prompt

 
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