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5:35 PM ET, July 27, 2022


 Top News: 
Todd Spangler / Variety:
Spotify reports Q2 revenue up 23% YoY to €2.9B, a €125M net loss, up from €20M YoY, MAUs up 19% YoY to 433M, and Premium users up 14% YoY to 188M; stock up 12%  —  Spotify turned in strong numbers for the second quarter, beating expectations for total and paid subscriber adds and reporting 23% revenue growth.
Ingrid Lunden / TechCrunch:
Spotify has “decided to stop further production of Car Thing units” and will take a €31M charge, citing factors like “product demand and supply chain issues”  —  Spotify's push to complement its music streaming with a big move into podcasting and related content appears …
Abner Li / 9to5Google:
Google delays the phaseout of third-party cookies in Chrome to H2 2024, after delaying it 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.
Charlotte Klein / Vanity Fair:
Some Republican candidates are barring traditional media from events and ignoring debate requests as midterm elections approach, favoring rightwing outlets  —  GOP politicians are increasingly shirking sit-down interviews, barring journalists from 2022 events, and skipping debates …
Paul Farhi / Washington Post:
A profile of Gov. Ron DeSantis' press secretary Christina Pushaw, who uses Twitter to attack journalists and mainstreamed the term “groomer” within the GOP  —  Known for her aggressive Twitter comments and brusque treatment of the media, the Florida governor's press secretary has used taunts to solidify a tough image
Emma Roth / The Verge:
Chris Stokel-Walker / Gizmodo:
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”  —  Leaked documents detail what TikTok tells the media—and what it doesn't.  —  Leaked documents from within TikTok reveal …
Emily Baker-White / BuzzFeed News:
Four former ByteDance employees say the company promoted pro-China content to Americans in its now-defunct news app TopBuzz; ByteDance denies the claims
Sara Fischer / Axios:
Hulu will accept political issue ads, after Democrats complained over rejecting ads on guns and abortions, matching the policies of Disney's cable networks  —  Disney on Wednesday confirmed to Axios that it would allow political issue ads — in addition to candidate ads — on Hulu's streaming service …
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.”
Taylor Lorenz / Washington Post:
Source: Meta begins forming an advisory board with top entertainment executives, managers, and publicists; the board will not advise on product changes
Jon Harris / Buffalo News:
The Buffalo News names Sheila Rayam as executive editor, the first Black journalist and second woman to hold the position in the paper's 142-year history  —  Longtime journalist Sheila Rayam has been named executive editor of The Buffalo News, the first Black journalist and the second woman …
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.
Jackson Richman / Mediaite:
After Turning Point USA sent a cease-and-desist to ABC News, The View apologizes for associating the group with neo-Nazis who protested outside its summit  —  The View apologized for lumping in Turning Point USA with neo-Nazis who protested outside the pro-Trump youth group's summit.
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 More News: 
Rick Edmonds / Poynter:
Money, the finance magazine that became digital-only in 2019, will become the exclusive syndicated provider of finance news to McClatchy's 29 local outlets
Sara Fischer / Axios:
Source and memo: Vox Media lays off 39, or less than 2% of its total staff, including some editorial roles, and will slow hiring, amid economic uncertainty
Peter Beaumont / The Guardian:
The UK sanctions Graham Phillips, a British citizen and YouTuber who broadcasts pro-Kremlin material from Russian-occupied areas of Ukraine
 Earlier Picks: 
[Thread] A judge grants judgments in favor of the NYT, ABC, Gannett, CBS, and Rolling Stone in Covington Catholic student Nick Sandmann's defamation lawsuits
Stephen Battaglio / Los Angeles Times:
In his first TV appearance since CNN fired him, Chris Cuomo announces he will host a prime-time show on Nexstar Media's cable news network NewsNation this fall
Alexandra Turner / Press Gazette:
Study: between September 2020 and July 2022, 33 local UK newspapers have shut down while 27 have launched, and three news sites closed while 41 launched
Ruchira Sharma / The Guardian:
TikTokers and teenagers say young news consumers want bite-size stories shared by personalities on Instagram and TikTok, while critics warn about disinformation
The Daily Beast:
Sources: ABC's The View plans to name former White House communications director Alyssa Farah Griffin as its conservative co-host, filling Meghan McCain's slot