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1:50 AM ET, July 24, 2021

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 Top News: 
Ingrid Lunden / TechCrunch:
Taboola says it is buying retail- and e-commerce-focused ad network Connexity for $800M in cash and stock  —  Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties, today announced an acquisition to expand its reach further …
Martin Matishak / The Record:
Sources: an NSA review finds no evidence for Tucker Carlson's claims the agency spied on him; Carlson's name was “unmasked” after third parties mentioned it  —  The NSA has found no evidence to support Tucker Carlson's accusations that the agency had been spying on him in an effort …
Jon Brodkin / Ars Technica:
The couple behind EcommerceBytes has sued eBay and ex-CEO Devin Wenig, as some members of eBay's security team face criminal charges for targeting them  —  Filing in bloody pig mask case says “morning shots of alcohol” were common at eBay.  —  A former eBay security official who pleaded guilty …
Sam Kille / Rebuild Local News:
Senators introduce Local Journalism Sustainability Act, which would offer tax credits to news consumers, local outlets, and SMEs to advertise in local outlets  —  Rebuild Local News, a coalition representing more than 3,000 local newsrooms, funders of local journalism, and civil society …
Keith J. Kelly / New York Post:
eMarketer:
Influencer marketing spending in the US is set to grow more than 30% this year and exceed $3B  —  Influencer marketing spending in the US is set to grow more than 30% this year and surpass a key milestone.  According to our inaugural forecast on US influencer marketing spending …
Discussion: musically.com
Dean Takahashi / VentureBeat:
Outbrain closes flat on its first day of trading, after raising $160M in its IPO at a valuation of $1.25B  —  Watch now.  —  Outbrain, which provides recommended web links at the bottom of news stories, raised $160 million at a $1.25 billion valuation in its initial public offering today.
Mike Juang / Ad Age:
NBCU is adopting the Ad-ID identifier, which helps reduce ad repetition and separate competitors' ads by assigning a trackable code to each ad  —  Collaboration between 4A's and ANA expands on existing work on broadcaster's Peacock streaming service  —  NBCUniversal is looking to clean …
Discussion: MediaPost, FierceVideo, Beet.TV and Adweek
 
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 More News: 
Chris Krewson / LION Publishers:
As local newspapers like Chicago Tribune die, digital ecosystems that unbundle legacy newsrooms have the potential to truly reflect and serve their communities
Matthew Gault / VICE:
Old stories on news sites including WaPo were displaying embedded porn videos after the domain for the defunct video service Vidme was bought by a porn company
Salvador Rodriguez / CNBC:
Snap Q2: revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M; stock is up 13%+ after hours
 Earlier Picks: 
Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+
Los Angeles Times:
LA Times names Shani Hilton to a newly created role, managing editor for new initiatives; she'll oversee podcasts and video and foster newsroom experimentation
Oliver Darcy / CNN:
WaPo reporter Felicia Sonmez sues WaPo, Marty Baron, and other editors, claiming she faced discrimination after disclosing she was a sexual assault victim
Todd Spangler / Variety:
AT&T Q2: HBO Max and HBO have 67.5M subscribers, up 12M YoY; HBO Max subscription revenue grew 39% YoY to $2B; WarnerMedia income fell 11.3% YoY to $1.7B
 

 
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

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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