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10:00 AM ET, July 28, 2022

Mediagazer

 Top News: 
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 reported earnings for the second quarter before the bell on Thursday  — Comcast broadband subscribers were flat at 32.2 million for the quarter.
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.
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 …
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 …
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  —  Local news sites have accounted for 55% of all U.S. nonprofit news sites launched since 2017, and last year, 65% of launches were local …
Discussion: Poynter
Emma Roth / The Verge:
TikTok plans to give select researchers “public and anonymized data” from its platform and moderation system to “assess content and trends or conducts tests”  —  The move comes hours after a report reveals TikTok's efforts to distance itself from China
RELATED:
Chris Stokel-Walker / Gizmodo:
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”
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”  —  As the music streaming giant's stock jumps, CEO Daniel Ek addresses macro-economic challenges, saying …
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  —  Vox Media is laying off 39 people, less than 2% of its total staff of more than 2000, in an effort to get ahead of 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  —  It isn't just the platform that has changed, we have too.  —  Over the past few days there's been a movement to “Make Instagram Instagram again.”
RELATED:
Taylor Lorenz / Washington Post:
Source: Meta is forming an advisory board composed of top entertainment executives, managers, and publicists; the board will not advise on product changes
 
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 More News: 
Rick Edmonds / Poynter:
Money, the finance magazine that converted to digital-only in 2019, becomes the exclusive syndicated provider of finance news to McClatchy's 29 local outlets
 Earlier Picks: 
Paul Farhi / Washington Post:
A profile of Governor Ron DeSantis' press secretary Christina Pushaw, who uses Twitter to attack journalists and mainstreamed the term “groomer” within the GOP
Sara Fischer / Axios:
Hulu now accepts political issue ads, after Democrats complained over rejected ads around guns and abortions, matching the policies of Disney's cable networks
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions
 
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