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11:55 AM ET, June 4, 2021

Mediagazer

 Top News: 
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
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 …
Alex Heath / The Verge:
Sources: Facebook plans to end 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 …
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 …
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
Bloomberg:
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.
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.
Discussion: @eriqgardner and The A.V. Club
 
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 More News: 
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
 Earlier Picks: 
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
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
Columbia Journalism Review:
30+ newsrooms have signed a Climate Emergency Statement recognizing the need for better climate coverage, but some outlets fear the phrase sounds like activism
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
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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