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12:00 PM ET, December 2, 2021


 Top News: 
Carlos Greer / New York Post:
Ex-Shape magazine staffers say they worked 375 unpaid overtime hours on Sweet July magazine, were laid off, and then asked to return as temps for the next issue  —  Laid-off Meredith staffers have soured on the publishing company's new Sweet July magazine — helmed by Food Network star Ayesha Curry.
Shawn McCreesh / New York Magazine:
BuzzFeed News union announces a walkout today, as shareholders vote on whether to take the company public via SPAC, after two years of negotiations  —  BuzzFeed shareholders will vote today to take the company public via a merger with a special-purpose-acquisition company, or SPAC.
The Verge:
Federal judge blocks a Texas law that limits large social media platforms' ability to moderate content, saying it violates the platforms' First Amendment rights  —  ‘Social media platforms have a First Amendment right to moderate,’ wrote the judge  —  A federal judge has blocked a Texas law …
Bron Maher / Press Gazette:
Meta adds £5.9M over two years and 18 spots trainee spots to its UK Community News Project, whereby it pays for reporters' salaries and training  —  Meta, the tech giant behind Facebook, is putting an additional £5.9m into its Community News Project collaboration in the UK over the next two years.
Alistair Gray / Financial Times:
Rothermeres raises their bid to take Daily Mail and General Trust private by £35M, valuing the publisher at £2.75B; shareholders will decide by December 16  —  Family's ‘final’ bid raises offer by £35m and, including dividends, values DMGT at about £2.75bn
Discussion: Reuters, Bloomberg and The Guardian
Radhika Anilkumar / Reuters:
Canadian video platform Rumble, popular with right-wing users, will go public via SPAC at a $2.1B valuation and expects to raise around $400M  —  Canadian video platform Rumble Inc said on Wednesday it would go public by merging with blank-check firm CF Acquisition Corp VI (CFVI.O) at an initial enterprise value of $2.1 billion.
Washington Post:
A coalition of news outlets sides with Steve Bannon in fighting to keep court documents public ahead of Bannon's case for refusing to testify before Congress  —  A coalition of news organizations, including The Washington Post, has sided with former Trump White House adviser Stephen K. Bannon …
Margaret Sullivan / Washington Post:
By carving out a loophole to let Chris Cuomo interview Andrew Cuomo on air, CNN created the slippery slope that let him help in his brother's crisis management  —  After much dithering, CNN leadership finally did the right thing on Tuesday when it put its star anchor Chris Cuomo on an indefinite suspension from the network.
New York Times:
CNN suspends Chris Cuomo pending further evaluation, saying new docs point to a “greater level of involvement in his brother's efforts than we previously knew”
Caroline Davies / The Guardian:
Associated Newspapers, which runs the Mail on Sunday, loses its appeal to Meghan Markle, the second defeat this year, after publishing a letter to her father  —  ANL had brought appeal after duchess sued publisher over articles relating to letter she sent to estranged father
Georg Szalai / Hollywood Reporter:
NBCU's reality TV streaming service hayu launches in India and is now available in 28 territories in Europe and Asia  —  NBCUniversal's reality show streaming service hayu has launched in India.  The Comcast entertainment unit said on Thursday that the subscription video-on-demand was now available in 28 territories.
Sarah Perez / TechCrunch:
TikTok adds monetization tools for creators, including Stripe-powered Tips and Video Gifts, starting in the US, the UK, Germany, France, Italy, and Spain  —  TikTok is today introducing new ways for its creators to make money from their content.  While already, the short-form video platform allowed creators …
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 More News: 
Wudan Yan / Poynter:
A freelancer explores how the deep social responsibility that motivates many journalists also makes them an exploitable labor force and susceptible to burnout
Riley Van Steward / The Streamable:
HBO launches a free iOS game based on its original series Insecure, after Netflix rolled out free Android and iOS games in November
Discussion: Input and Forbes
 Earlier Picks: 
Sara Fischer / Axios:
Wirecutter Union says it can pay every member for overtime hours missed during the five-day Black Friday holiday strike after raising $43,000 in donations