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12:55 PM ET, June 4, 2021


 Top News: 
Nick Clegg / About Facebook:
In response to Oversight Board ruling, Facebook says it is suspending Trump's accounts for two years, and will then reconsider suspension if conditions permit  —  Last month, the Oversight Board upheld Facebook's suspension of former US President Donald Trump's Facebook and Instagram accounts following …
Alex Heath / The Verge:
Facebook ends its controversial policy that shields politicians from the content moderation rules that apply to other users  —  Going forward politicians will be treated more like everyone else  —  Facebook plans to end its controversial policy that shields politicians from the content moderation rules …
Casey Newton / Platformer:
Trump shutting down his blog shows the significance of social media platforms' amplification mechanics and how they give free and huge reach to the worst actors
Sam Schechner / Wall Street Journal:
EU and UK regulators coordinate to open antitrust investigations into Facebook's classified ad service Marketplace; UK is also probing Facebook Dating  —  Investigations into classified-ads service Marketplace ramp up regulatory scrutiny on the company in Europe
Ashley Cullins / Hollywood Reporter:
Spotify's Discovery Mode, which lets artists and labels take lower royalty rates in exchange for higher priority in algorithms, gets scrutiny from Congress  —  Reps. Jerry Nadler (D-NY) and Hank Johnson Jr. (D-GA) are concerned the feature could lead to lower pay for artists and fewer choices for consumers.
David Mack / BuzzFeed News:
Former Treasury official is sentenced to 6 months in prison after admitting she leaked documents to BuzzFeed News; the docs formed the basis of the FinCEN Files  —  A former Treasury Department official was sentenced to six months in prison on Thursday after she admitted …
Neal Rothschild / Axios:
NewsWhip: Trump's now closed blog generated engagement roughly on par with the top posts from mid-market local newspapers  —  The shutdown acknowledged the flawed assumption that if you build it, they will come.
Discussion: @nrothschild3
Germany's antitrust regulator says it will probe Google News Showcase to check if Google's terms offer “unreasonable conditions” to publishers  —  - Cartel office has opened multiple probes in recent weeks  — Regulator is wielding new powers to take on U.S. tech giants
Catalin Cimpanu / The Record:
Live streams for Cox radio and TV stations were down on Thursday, sources say due to a ransomware attack  —  Live streams for radio and TV stations owned by the Cox Media Group, one of the largest media conglomerates in the US, have gone down earlier today in what multiple sources have described as a ransomware attack.
Ben Thompson / Stratechery:
Stratechery's Ben Thompson announces a service called Passport to let creators manage their subscriptions and communicate with subscribers  —  Seven years ago, when I initially launched the paid Daily Update, there weren't really any tools designed for independent subscription businesses …
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 More News: 
Brian Steinberg / Variety:
HBO Max head Andy Forssell says news and sports may require new formats on the service and WarnerMedia is weighing whether CNN content can be part of HBO Max
 Earlier Picks: 
Ron Miller / TechCrunch:
IDG, owner of PCWorld, Macworld, and IDC, to be acquired by Blackstone for $1.3B
Discussion: The Boston Globe and Business Wire
Taraneh Azar / Poynter:
Visual journalists must rethink their ethical obligations to protesters, who are vulnerable groups, and need to ask for consent to photograph and publish images
Salvador Rodriguez / CNBC:
Twitter launches its subscription service Twitter Blue on iOS in Canada and Australia for CAD$3.49 and A$4.49/month, with Undo Tweet, Bookmark Folders, more
New York Times:
In 2020, Trump's DOJ secretly seized phone records from 2017 of four NYT reporters: Matt Apuzzo, Adam Goldman, Eric Lichtblau, and Michael S. Schmidt