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6:40 PM ET, October 26, 2021

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 Top News: 
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 …
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
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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
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.
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.
Brian Steinberg / Variety:
YouTube TV adds Fox Nation as an optional add-on for $5.99/month, offering primetime opinion shows a day after they air on Fox News and more  —  Fox Nation, the subscription-based streaming service from Fox News Media, has debuted as an optional add-on on YouTube TV, a sign …
Sarah Scire / Nieman Lab:
Q&A with Samantha Melbourneweaver, head of LAT's audience team, on the growing importance of such teams within newsrooms, plans for a “meme team”, and more  —  The Los Angeles Times announced a major expansion of its audience team earlier this month, saying they'll add …
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  —  A new app is in the works  —  Amazon is next on the list of companies getting into the live audio game.
Salvador Rodriguez / CNBC:
Twitter reports Q3 revenue of $1.28B, up 37% YoY, monetizable DAUs of 211M, up 13% YoY, and says impact of Apple's ATT was less than expected  —  - Twitter reported revenue growth of 37% in the third quarter to $1.284 billion.  — The company said Apple's privacy changes to iOS 14 had less of an impact than expected.
 
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 More News: 
Conor Clark / Gay Times:
BBC faces backlash for an article by staffer Caroline Lowbridge, partly based on a small social media survey, with critics calling the story transphobic
 Earlier Picks: 
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
Amrith Ramkumar / Wall Street Journal:
LA-based esports collective FaZe Clan decides to go public through a SPAC merger, valuing the company at ~$1B