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11:45 AM ET, August 27, 2021

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 Top News: 
CNBC:
Axel Springer agrees to acquire Politico, the remaining 50% share in Politico Europe, and Protocol; sources say the deal is worth around $1B  —  - German publisher Axel Springer plans to acquire digital media site Politico.  — The deal is worth about $1 billion, according to a person familiar with the situation.
Liena Zagare / Bklyner:
Liena Zagare, the editor and publisher of local news site Bklyner, announces the site will stop publishing on Sept. 10; archives will remain online  —  Friday, September 10, will be the last day of Bklyner.  Or at least Bklyner as we know it.  —  For the last almost 10 years …
Lindsey Ellefson / The Wrap:
Vice has another round of layoffs, and sources say the cuts affect Vice Digital and Refinery29 employees in North America, with fewer than 20 let go  —  Vice Media saw another round of layoffs Thursday, just weeks after declaring a pivot to video content.  According to one source with knowledge …
Discussion: @viceunion, @maxwelltani, @__gabbymiller, @saraqdavid, @caseyjohnston, @meredithbalkus, @maxwillens, HuffPost, @gordonshumway, Digiday, @kerrymflynn, @joshhterry, @kerrymflynn, @_arianaromero, Variety, @film_girl, @kerrymflynn, @meredithbalkus, @a_w_gordon, @moorehn, @kmiversen, @rynprry, @caseynewton, @parismartineau, @peterslattery3, @jesshopp, @thatwitchmia, @baddestmamajama, @ungarino, @nkulw, @sherman4949, @alex_abads, @ashleyalese, @lacymb, @byalexzaragoza, @garywhitta, @meredithbalkus, @jannwolfe, @alexeheath, @broderick, @doctoryasmin, @aaschapiro, @alex_norcia, @jordanchariton, @imgarysuarez, @clearing_fog, @andrewglazer, @jscros, @samitsarkar, @meredithbalkus, @maxwillens, @gordonshumway, @andrewglazer, @scottnover, @themaxburns, @janusrose, @onionincunion, @maxwillens, @maxwillens, @ryepastrami, @ohheyjenna, @conniewang, @maxwillens, @claireefallon, @a_w_gordon, @ljmontello, @brandyzadrozny, @garywhitta, @oliviamesser, @jorcru, What's New in Publishing, @the_rewm, @byalexzaragoza, @tatianatenreyro, @tvgrimreaper, @kevincollier, @panzer, @ckrewson, @thekimkavin, @parkermolloy, Mediaite, @film_girl, @film_girl, @maxberger, @aaschapiro, @jessicaschulb, @grimkim, @film_girl, @aaschapiro, @sdkstl, @benyt, @wagatwe, @thelincoln, @maggieofthetown, @mcwm, @presgang, @carolinemoss, @parismartineau, @lemonsand, @patbits, @mindyisser, @libbycwatson, @danawollman, @shanpalus, @blackamazon, @heyveronica, @grahamstarr, @hannahsmothers_, @youngvulgarian, @jeremypgordon, @vincemancini, @karlbode, @annamerlan, @robzacny, @amil, @noahpasaran, @kerrymflynn, @ashleyfeinberg, @ashleyfeinberg, New York Post and Gawker
Forbes:
Forbes is going public via SPAC at a valuation of $630M; the transaction is expected to close in late 2021 or early 2022  —  ● Combination will enable Forbes to further capitalize on its successful digital transformation, pursue additional growth opportunities and fully recognize …
Todd Spangler / Variety:
Analysts say Disney is underinvesting in Hulu-only original programming, as NBCUniversal, ViacomCBS, and Fox prepare to pull their content from the streamer  —  For years, its core brand identity in a nutshell has been: Watch the TV you know and love, streamed over the internet.
Daniel Garcia / AAJA Voices:
Of 73 EICs at award-winning college newsrooms in spring 2021, less than 6% were Black, ~10% were Latinx, much less than the share of the colleges' population  —  Of the 73 editors-in-chief at award-winning college newsrooms in the Spring 2021 semester, less than 6 percent were Black …
Eric Levitz / New York Magazine:
Media figures have privileged the victims of American withdrawal from Afghanistan over those of American intervention even in straight news coverage  —  America's withdrawal from Afghanistan has yet to cost our nation a single casualty.  Evacuations of U.S. citizens and allies from Kabul's airport …
RELATED:
Amanda Meade / The Guardian:
News Corp outlets published 45 articles in 2 days blasting Australia's ABC after the public broadcaster aired a critical program on Fox News and Trump coverage  —  Fox sent letter threatening possible legal action to Australian broadcaster before two-part program on the relationship with former US president aired
Ryan Weeks / The Block:
DJ 3LAU launches Royal, which lets users trade shares of song royalty rights as crypto tokens, with $16M in seed funding led by Founders Fund and Paradigm  —  Royal, a non-fungible token (NFT) investment platform focused on music, has announced a $16 million seed-stage fundraise.
 
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 More News: 
Joan E. Solsman / CNET:
Netflix is testing games in its Android app in Poland, starting with two existing Stranger Things games
Matthew Keys / The Desk:
WarnerMedia is ending distribution of CNN International on UK's Virgin Media, BT, and Freesat; viewers will have to pay £2/month for streaming service CNN Live
Will Oremus / Washington Post:
Researchers say YouTube, which attracts less scrutiny than Facebook or Twitter, is a hard platform to study because video is so difficult to analyze in bulk
 Earlier Picks: 
New York Times:
Sources: Facebook has approached experts about forming an advisory body for how it handles global election matters, including political ads and misinformation
Todd Spangler / Variety:
Fox Corp. announces an investment in Eluvio, which uses blockchain to distribute video, provide ticketing services, and offer video NFTs, at a $100M valuation
Discussion: MediaPost
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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