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2:45 AM ET, May 20, 2022

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 Top News: 
Keach Hagey / Wall Street Journal:
A new bipartisan Senate bill would prohibit companies with $20B+ in annual digital ad transactions from participating in more than one part of the ad ecosystem  —  The bill, which has some Democratic support, takes aim at conflicts of interest in advertising technology
Joe Flint / Wall Street Journal:
Sources: CEO David Zaslav is quickly putting his stamp on Warner Bros. Discovery including by cutting CNN+ and other costly projects, and forcing out executives  —  CEO David Zaslav has quickly put his stamp on Warner Bros. Discovery, weighing in on content, forcing out executives and cutting costly projects
RELATED:
Alex Weprin / Hollywood Reporter:
Warner Bros. Discovery says Chris Wallace, who had a CNN+ show, will shift this fall to hosting a CNN show in primetime on Sunday that will stream on HBO Max
Joe Pompeo / Vanity Fair:
After ~30 buyouts, BuzzFeed News will have 70-80 staffers, down from a peak of ~250; the investigations team published five big projects in its last five weeks  —  The site's prized investigations unit is disbanding and dropping its last bombshells—"a triumphal exit," says the team's editor …
Rick Porter / Hollywood Reporter:
The CW pares down its fall TV shows as parent companies Warner Bros. Discovery and Paramount Global look to sell the network; Nexstar is the lead bidder  —  The network sets a lineup a week after cutting more series than it has in a decade.  —  A pair of prequels and a handful of acquisitions …
Jeremy Barr / Washington Post:
NBC News correspondent Pete Williams is retiring at the end of July 2022 after 29 years covering the Justice Department and the Supreme Court at the network  —  A former Pentagon spokesman, Williams made the unusual move 29 years ago to return to hard-news reporting.  Many historic scoops followed.
Leigh Giangreco / Current:
Stel Kline, a transgender former Morning Edition host for South Dakota Public Broadcasting, files a wrongful termination appeal against the state network  —  A former Morning Edition host for South Dakota Public Broadcasting has filed a wrongful termination appeal against the state network.
Emma Roth / The Verge:
Report: Netflix had 3.6M cancellations in Q1 2022, up from ~2.5M for each past five quarters; 13% came from subscribers who had the service for over three years  —  Users subscribed to Netflix for more than three years represented 13 percent of total cancellations
Masha Gessen / New Yorker:
Sources: Russian state TV depends on weekly meetings with Kremlin officials, where editors of broadcasters and publishers coordinate topics and talking points  —  Current and former employees describe Russian state television as an army, one with a few generals and many foot soldiers who never question their orders.
 
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 More News: 
David Gilbert / VICE:
Organizers of CPAC Hungary, a right-wing event featuring speakers including Tucker Carlson, denied on-site access to the AP, Vice, Rolling Stone, and others
Sarah Perez / TechCrunch:
YouTube rolls out new player features to all users, including a graph to easily locate a video's “Most replayed” parts, video chapter support, and video loops
Discussion: MacRumors and Engadget
Rebecca McCarter / E.W. Scripps Company:
E.W. Scripps plans a multiyear effort, underwritten with funding from Google, to help experienced print journalists move into broadcast news and jobs at Scripps
 Earlier Picks: 
 

 
From Techmeme:

Safe Superintelligence Inc.:
Ilya Sutskever, Daniel Gross, and Daniel Levy announce Safe Superintelligence, an American company “with one goal and one product: a safe superintelligence”

Asa Fitch / Wall Street Journal:
As Nvidia passes Microsoft's market cap, John Chambers, who was Cisco's CEO when Cisco passed Microsoft in the dot-com boom, says the situation now is different

Katharine Gemmell / Bloomberg:
The UK CMA opens a merger inquiry into HPE's $14B acquisition of Juniper Networks, setting an August 14 deadline to decide on opening a full investigation

 
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