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8:10 PM ET, July 22, 2022

Mediagazer

 Top News: 
Annie Palmer / CNBC:
Twitter reports Q2 revenue down 1% YoY to $1.18B, vs. 1.32B est., a $270M net loss, down from $66M in net income a year ago, and 237.8M mDAUs, up 16.6% YoY  —  - Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
RELATED:
Jacob Kastrenakes / The Verge:
Twitter says Q2 ad revenue grew 2% YoY to $1.08B and blames its revenue slide on uncertainty around Elon Musk's “pending acquisition” and ad industry problems  —  Musk is creating ‘uncertainty’ for advertisers  —  Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.
Parker Molloy / The Present Age:
The New Yorker's Isaac Chotiner provides the blueprint for covering claims of “cancel culture” by inserting in-line fact checks in his Q&A with Alan Dershowitz  —  If such coverage must exist, it's time to go beyond the single-source story newspapers seem to have adopted …
Joe Otterson / Variety:
WWE CEO and Chairman Vince McMahon says he is retiring, amid allegations that he paid four women $12M+ to keep quiet about his alleged affairs and misconduct  —  Vince McMahon is retiring from WWE.  —  “As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE …
Bron Maher / Press Gazette:
NewsGuard downgrades MSNBC from green, or trustworthy, to red in its credibility rankings for news outlets, along with its earlier downgrade of Fox News  —  Update, 22/7/22: Newsguard has now revised down the scores for both Fox News and rival liberal network MSNBC.
Erin Taylor / Observer:
MEL Magazine lays off all its staff again; MEL closed in March 2021 after Dollar Shave Club pulled support, and Recurrent Ventures relaunched it in August 2021  —  Mel Magazine lays off its entire staff, bringing into question the future of the publication yet again.  —  MEL Magazine is folding, again.
Justin Baragona / The Daily Beast:
Verizon Fios, the largest pay TV service still carrying far-right channel OANN, will drop it on July 31, 2022, after a “business-as-usual carriage negotiation”  —  Verizon announced on Thursday that One America News will be removed from its channel lineup on July 31 …
Aaron Couch / The Hollywood Reporter:
A look at Marvel's Special Character Agreement that creators of its comic book characters sign, giving the company broad discretion to dramatically cut payments  —  Writers and artists who create characters that power the Marvel Cinematic Universe say the company offers a labyrinthine compensation system that underpays them.
Esther Kezia Thorpe / Digital Content Next:
Discussion: @dcnorg, Thanks:@estherkeziat
Gabriela Selser / Associated Press:
La Prensa, a major Nicaraguan newspaper, says employees were forced to flee the country after authorities arrested two of its reporters earlier in July 2022  —  MEXICO CITY (AP) — One of Nicaragua's leading national newspapers announced Thursday on its website that its staff had been forced …
 
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 More News: 
Sara Fischer / Axios:
Sources: CNN CEO Chris Licht met with Nancy Pelosi, Mitch McConnell, and a few other senior congressional leaders to strengthen CNN's ties with key lawmakers
AJ Vicens / CyberScoop:
Ukraine says hackers attacked TAVR Media, which operates nine radio stations, to broadcast a fake message that President Zelenskyy was in critical condition
Discussion: Bob's Newsletter
Dave Jamieson / HuffPost:
The Atlantic's tech and business workers tell management they plan to form a union with ~130 people in jobs like data analysis, software engineering, and sales
 Earlier Picks: 
Jon Porter / The Verge:
Facebook splits the Feed on iOS and Android into Home, a TikTok-style tab with recommended content, and Feeds, a chronological tab of followed pages and people
Jim Waterson / The Guardian:
The BBC agrees to pay damages to a former nanny for false allegations she had an affair with Prince Charles, used to get the Princess Diana Panorama interview