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2:55 PM ET, October 26, 2021

Mediagazer

 Top News: 
Wall Street Journal:
Internal docs show frequent heated debates among Facebook staff and execs about how to rank, fact check, and moderate content of right-wing pubs like Breitbart  —  Employees allege content rules aren't enforced for Breitbart and other right-wing publishers for fear of public blowback …
RELATED:
Ben Smith / New York Times:
How Frances Haugen maximized the impact of her leaked Facebook documents, rolling them out first to WSJ and then broadening to a large group of outlets  —  In a time of mega-leaks, journalists' sources have become power players.  Frances Haugen, the former Facebook executive who shared company documents …
Charlie Warzel / Galaxy Brain:
Sources say Facebook Papers have no sharing restrictions, so media outlets should model transparency and make them publicly accessible  —  OK, STRAP IN, NERDS:  —  Charlie Warzel @cwarzel  —  legitimately don't know how to consume this much facebook news  —  October 25th 2021  —  32 Retweets397 Likes
The Information:
More than 12 news outlets, including AP and Fox Business, form a consortium to sift leaked Facebook docs from Frances Haugen, reporting stories separately
Makena Kelly / The Verge:
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon  —  And progressive Gigi Sohn as a third Democratic commissioner  —  President Joe Biden named acting Federal Communications …
Sara Fischer / Axios:
Good Information Inc., funded by Reid Hoffman and others, launches to invest in media companies that tackle misinformation  —  A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.
Stephanie Condon / ZDNet:
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS  —  The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment
Dan Froomkin / Press Watch:
Interview with LA Times politics columnist Jackie Calmes, who calls on reporters to end false equivalence by never using quotes with lies without refuting them  —  Jackie Calmes, a veteran former New York Times White House reporter, lit up media Twitter over the weekend with a powerful …
Ben Hubbard / New York Times:
Citizen Lab: the iPhone of Ben Hubbard, an American reporter for NYT, was hacked in 2020 and 2021, likely by Saudi Arabia using NSO's Pegasus; NSO denies claim  —  Invasive hacking software sold to countries to fight terrorism is easily abused.  Researchers say my phone was hacked twice, probably by Saudi Arabia.
Sarah Ellison / Washington Post:
Stewart Bainum's Baltimore Banner will be led by LAT's Kimi Yoshino, with a $15M budget for its first year and plans to hire roughly 50 reporters  —  The Maryland hotel magnate tried but failed to buy the Baltimore Sun.  Now he's trying to demonstrate a new business model for local news.
Financial Times:
Fox launches Fox Weather in a new HQ with 120 meteorologists and a ceiling that changes color with the weather, as critics say it will face credibility issues  —  TV channels bet that reports of increasingly extreme climate can pull them out of a ratings nosedive
 
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 More News: 
Mike Butcher / TechCrunch:
Admix, which serves ads in games, e-sports, VR, and AR, raises a $25M Series B co-led by Elefund and DIP Capital
@novaramedia:
YouTube reinstates UK left-wing news outlet Novara Media's channel after deleting it without warning
Ashley Carman / The Verge:
Internal presentation details Amazon's “Project Mic”, a live audio app that lets users host radio shows, complete with music, focused on the US initially
 Earlier Picks: 
Todd Spangler / Variety:
Cameo makes its first acquisition, buying Represent, which develops and operates direct-to-fan ecommerce sites for celeb clients like Leonardo DiCaprio
Alison Weissbrot / Campaign:
GroupM and Hogarth partner on an addressable content practice that combines performance targeting with personalized messaging and content
Discussion: Ad Age
Stephen Witt / New Yorker:
Profile of Patrick Soon-Shiong, a controversial doctor who bought LA Times with “little due diligence” thinking owning it would be “easier than curing cancer”
Sarah Scire / Nieman Lab:
Vox Media's branded podcast More Than This features an “immersive transcript” rich in visuals for audiences that are deaf and hard of hearing
Cynthia Littleton / Variety:
The “Rust” tragedy reflects troubling trends on sets, including inexperience and complacency, as production companies cut costs to keep up with content demand