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9:55 PM ET, May 31, 2022

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 Top News: 
Greg Stohr / Bloomberg Law:
SCOTUS blocks Texas' social media content moderation law in a 5-4 vote, putting the measure on hold while a constitutional challenge proceeds in a lower court  —  The US Supreme Court blocked a Texas law that critics say would fundamentally transform Twitter Inc. and Meta Platforms Inc.'s Facebook …
Joan Biskupic / CNN:
Sources: Supreme Court officials are requiring law clerks to provide cell phone records and sign affidavits, as they search for the source of the Politico leak  —  (CNN)Supreme Court officials are escalating their search for the source of the leaked draft opinion that would overturn Roe v. Wade …
New York Times:
Sources: Forbes called off its plan to go public via a SPAC merger at a $630M valuation, after announcing the deal with Hong Kong's Magnum Opus in August 2021  —  The century-old business magazine had aimed to go public through a blank-check company based in Hong Kong but changed course after the market flipped.
Kerry Flynn / Axios:
BuzzFeed says HuffPost operated profitably in 2021 after the acquisition closed in February 2021 and CEO Jonah Peretti made job cuts; HuffPost is hiring again  —  Exit Content Preview  —  Under BuzzFeed's ownership, HuffPost has become a profitable media company.
Discussion: Axios
Nate Raymond / Reuters:
New report shows policymakers approved a plan to end PACER fees for non-commercial online court records searches, as Congress debates requiring free downloads  —  (Reuters) - Federal judiciary policymakers have approved a plan to eliminate costly fees for online docket searches amid debate …
Fraser Valley Current:
100+ Canadian publications sign a letter saying the Online News Act excludes them and ask for a universal funding formula, inclusion of small outlets, and more  —  When the Liberal government announced its intention to support Canada's news industry, the reasons given were to sustain local journalism …
RELATED:
Zoe Samios / Sydney Morning Herald:
Non-profit Minderoo helps 24 publishers in Australia strike a Google news content deal, taking the number of local outlets in the country paid by Google to 180+
Kate Lyons / The Guardian:
Reporters say they have been blocked from filming or accessing events on the Chinese foreign minister's Pacific tour and that press conferences barred questions  —  Beijing's foreign minister signing bilateral deals with leaders but reporters are blocked, sometimes physically, from asking questions
Benjamin Mullin / New York Times:
A profile of Paramount three years into its streaming shift, an underdog choosing to continue alone as Netflix and Disney dominate and other streamers cut deals  —  The dominance of Netflix and Disney in streaming has forced many companies to join forces.  So far, Paramount has gone its own way.
 
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 More News: 
 Earlier Picks: 
Gerrit De Vynck / Washington Post:
A profile of software engineer and Wikipedia editor Molly White, who is documenting the cryptocurrency industry's failures on her blog Web3 Is Going Just Great
Andy Hayes / Sky News:
Emmanuel Macron says Frédéric Leclerc-Imhoff, a journalist at French 24-hour news channel BFM TV, was killed in Ukraine while covering an evacuation operation
Jesse Whittock / Deadline:
Former Disney executive David Levine leaves CoComelon-owner Moonbug Entertainment, where he was the Head of Studios since December 2020, to “explore new areas”
Discussion: C21Media
Jim Waterson / The Guardian:
The Financial Times rebrands its How To Spend It magazine as HTSI, inviting readers “to interpret the ‘S’”, suggesting “save” or “savor”, as inequality rises
 

 
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

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

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.

 
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