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1:50 PM ET, July 28, 2022


 Top News: 
Sara Fischer / Axios:
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab  —  Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
Alex Sherman / CNBC:
NBCU reports Q2 revenue of $9.4B, up 18.7% YoY, and adjusted EBITDA of $1.9B, up 19.5% YoY; Peacock had a $467M loss and subscribers stayed flat from Q1 at 13M  —  - Comcast's broadband subscribers were flat at 32.2 million for the quarter.  The company said it lost 30,000 this month alone.
Abner Li / 9to5Google:
Google delays phasing out third-party cookies in Chrome to H2 2024, after deferring the plan from 2022 to 2023, citing the need for more Privacy Sandbox tests  —  Google was originally planning to get rid of third-party cookies in its browser by 2022, but that was later pushed back to 2023.
Aisha Malik / TechCrunch:
Snap launches a Sounds Creator Fund, awarding up to $100K/month to artists using DistroKid to distribute songs on Snapchat, or $5K per song, starting in August  —  Snap is launching a new Sounds Creator Fund to financially support independent artists who are distributing music on Snapchat via DistroKid.
Peter Houston / Media Voices:
Interview with Medium's VP of Content, who says it is focused on highlighting experts and needs to figure out how to provide users with predictable growth  —  In our final episode of the season, we hear from Medium's VP of Content Scott Lamb.  Scott leads the content and creator relations teams …
Jonathan M. Katz / The Racket:
A writer details how a podcast plagiarized his work, a widespread problem as demand for podcasts balloons while original reporting demands a lot of work  —  A podcast I'd never heard of before stole my work.  I'm not alone.  —  A year ago, after half a decade of original research and reporting …
Salvador Rodriguez / Wall Street Journal:
Meta reports its first-ever YoY quarterly revenue decline and issues a lowered Q3 forecast, citing a weak ad demand environment and macroeconomic uncertainty  —  Social-media giant missed Wall Street's sales expectation but added users—defying analysts' projections  —  The Tech Sector Is Taking a Beating.
Paul Sawers / TechCrunch:
Filing: Spotify bought Findaway for €117M, Sonantic for €91M, and Chartable and Podsights for €83M, with a possible extra payment of €21M  —  Spotify has quietly announced how much it's paying for four of its recent acquisitions, revealing that it's doling out a combined €291 million …
Emma Roth / The Verge:
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 More News: 
Laura Hazard Owen / Nieman Lab:
Institute for Nonprofit News: 65% of US nonprofit news site launches in 2021 were local; foundations remain the largest funding source for most outlets surveyed
Discussion: Poynter
 Earlier Picks: 
Sara Fischer / Axios:
Source and memo: Vox Media lays off 39 people, or less than 2% of its 2,000+ staff, including some in editorial, and will slow hiring, amid economic uncertainty
Taylor Lorenz / Taylor Lorenz's Newsletter:
Nostalgia for the “old”, chronological Instagram makes sense but belies changing norms around online sharing, communication, privacy, and engaging content
The Hollywood Reporter:
CEO Daniel Ek says Spotify plans to reduce the pace of hiring by 25%: “I do believe only the prepared survive, and we're preparing as if things could get worse”