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6:30 AM ET, September 14, 2021

Mediagazer

 Top News: 
Alex Weprin / The Hollywood Reporter:
Fox Corp. buys TMZ from WarnerMedia, source says for less than $50M; Harvey Levin has signed a multi-year contract to keep running the gossip brand  —  As AT&T's WarnerMedia sheds the asset, founder Harvey Levin has signed a multi-year deal with Fox and will keep overseeing day-to-day operations.
Bennett Madison / Gawker:
A young adult novelist confesses to writing fake letters to Slate's advice column and duping Tucker Carlson into discussing an obviously phony scenario on air  —  Sometime at the tail end of 2018, shortly after abandoning yet another draft of what was supposed to be my fifth Young Adult novel …
Kim Lyons / The Verge:
Litecoin spiked ~20% after several news outlets, including Reuters and CNBC, reported that Walmart would begin accepting it based on a fake press release  —  GlobeNewswire, the site where the hoax release was posted, said it came from a fraudulent user account.
Rose Hill / Mirror:
Andrew Neil says he has resigned as chairman of GB News  —  Broadcaster Andrew Neil, 72, has said that he has decided to ‘cut back’ on a number of his work commitments  —  Andrew Neil has resigned as chairman on GB News, with the channel offering a statement following his sudden exit.
RELATED:
Jake Kanter / The Times:
Sources: several top presenters and producers are considering leaving GB News, as its increasingly populist agenda divides the newsroom
Samantha Subin / CNBC:
Intuit says it has agreed to acquire Mailchimp for $12B in cash and stock  —  - Intuit will buy email marketing company Mailchimp for $12 billion, the companies announced Monday.  — Intuit said it will use the acquisition to accelerate growth among small business clients.
Stephen Battaglio / Los Angeles Times:
Fox News' subscription streaming service Fox Nation acquires Cops, the reality TV show pulled off air last year amid the George Floyd protests  —  “Cops,” the reality TV series depicting law enforcement in action, was pulled off the air last year after 32 seasons amid the nationwide protests …
Lucas Shaw / Bloomberg:
Puck formally unveils its website and says it will soon launch a paywall, which will give readers access to stories, live events, and personal time with writers  —  Puck was founded by four media veterans in New York.  —  Julia Ioffe was finishing up a book earlier this year when she decided it was time to get a full-time job.
Ben Smith / New York Times:
Fire and Fury author Michael Wolff continues teasing out stories from powerful people in his new book Too Famous, while remaining light on source attributions  —  In his new book, the author of “Fire and Fury” continues his specialty: teasing out stories from men in power.
Paul Farhi / Washington Post:
A history of the modern TV news crawl, launched by Fox News and followed by other national news networks to feed viewer's need for constant news on 9/11  —  The shock and panic of Sept. 11, 2001, faded with time.  But the crawl endured.  —  Fox News was the first that day.
Dawn Megli / Poynter:
A look at the trauma of local reporters for whom the line between personal and professional life is far more blurred than for national or foreign correspondents  —  In community journalism, trauma comes with the territory but mental health resources often do not  —  A local Marine died this summer while serving overseas.
Brian Schwartz / CNBC:
Three media companies linked to wealthy Chinese exile Guo Wengui, including GTV Media, reach a $539M+ settlement with SEC for offering unregistered securities  —  - The SEC has charged three media companies linked to wealthy Chinese exile Guo Wengui with illegal unregistered securities offerings.
 
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 More News: 
Sharif Hassan / New York Times:
Local journalists say Afghanistan's free press, a point of pride, is threatened by the Taliban, leading to self-censorship and a dwindling journalist population
Joe Pompeo / Vanity Fair:
Former New York Post gossip columnist Richard Johnson says he is coming out of retirement to write a gossip column for the Daily News
 Earlier Picks: 
Mark Jacob / Northwestern Local News Initiative:
A look at the challenges for many smaller newsrooms in developing a digital strategy, including affording tech support, gathering metrics, and spotty internet
Joe Flint / Wall Street Journal:
ViacomCBS is revamping Paramount Pictures' operations, which will see its movie and TV production arms run separately, the latter led by David Nevins
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

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

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
 
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