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2:35 PM ET, December 2, 2021

Mediagazer

 Top News: 
Mathew Ingram / Columbia Journalism Review:
Journalists and activists worry Twitter's new privacy policy will be weaponized and will make their jobs harder, due to vague terms like “the public interest”  —  On Tuesday, Twitter said it is expanding its privacy policy to include what the company calls “private media.”
RELATED:
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
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”
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.
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.
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
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: Bloomberg, Reuters and The Guardian
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 …
Radhika Anilkumar / Reuters:
Canadian video platform Rumble, popular with right-wing users, will go public via a 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.
Associated Press:
Family-owned Swift Communications, which runs newspapers and websites in the US West, is selling its local publishing businesses to Ogden Newspapers  —  ASPEN, Colo. (AP) — Swift Communications, which owns a range of daily and weekly newspapers across the American West …
Christopher Dinsmore / Baltimore Sun:
Baltimore Sun reaches a preliminary agreement to shut down its local printing plant and move printing to Wilmington, Delaware  —  Baltimore Sun Media is considering a plan to move the printing of its newspapers from Baltimore to a printing plant in Wilmington, Delaware, owned by the newspaper there.
Discussion: Talking Biz News and Nieman Lab
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.
 
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 More News: 
Reid J. Epstein / New York Times:
Two Georgia election workers sue the far-right website Gateway Pundit for defamation due to its false claims that the two manipulated ballots in 2020
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
 Earlier Picks: 
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
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Ingrid Lunden / TechCrunch:
Cybersecurity startup Wiz acquires Dazz, a specialist in security remediation and risk management; sources say the cash-and-stock deal is valued at $450M

 
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