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10:30 PM ET, October 27, 2022

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 Top News: 
Todd Spangler / Variety:
RELATED:
Wall Street Journal:
Sources: ahead of Elon Musk's takeover, advertisers on Twitter are concerned about looser content moderation and potential conflicts of interest for car ads  —  Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes
Erik Wemple / Washington Post:
A reassessment of The New York Times' apology and James Bennet's firing after Sen. Tom Cotton's op-ed: Bennet was right and Publisher A.G. Sulzberger was wrong  —  Controversy over an op-ed by Sen. Tom Cotton (R-Ark.) consumed the New York Times in June 2020 and claimed the job of then-editorial page editor James Bennet.
Defector:
Defector reports $3.8M in annual revenue, up from $3.2M in 2021, $3.7M in expenses, up from $3M in 2021, and 38K subscribers, who generated 95% of its revenue  —  Purpose of this report  —  Defector continues to have no outside investors and no intention of raising outside capital.
Todd Spangler / Variety:
The New York Post fires an employee who hijacked its website and Twitter account to share racist and violent posts, calling the content “vile and reprehensible”  —  The official Twitter account of the right-leaning New York Post, owned by Rupert Murdoch's News Corp …
The Verge:
Spotify updates its iOS app to remove audiobook purchasing instructions, replaced with a message saying “it's not ideal”, to comply with Apple's App Store rules  —  An update for Spotify's iOS app released Thursday had a big change for its audiobooks vertical — and not for the better.
Gerry Smith / Bloomberg:
CNN names Athan Stephanopoulos, previously the president of Vox Media's news site NowThis, as its chief digital officer, starting on November 14  —  CNN has named Athan Stephanopoulos as its new chief digital officer, appointing a veteran of the online video business to grow its audience as the network braces for further cost-cutting.
Joe Rossignol / MacRumors:
Following complaints from prominent developers, Apple says the company “paused ads related to gambling and a few other categories on App Store product pages”  —  Original story from October 25 follows.  —  Apple today rolled out new ad placements in the App Store on the iPhone …
Kif Leswing / CNBC:
Apple's Services revenue grew 4.98% YoY to $19.19B vs. $20.1B expected in Q4; fiscal year Services growth was above 14%, slower than 2021's 16% and 2020's 27%  —  - Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.
Georg Szalai / The Hollywood Reporter:
Comcast reports NBCU revenue down 4% to $9.6B and EBITDA up 24.6% YoY to $1.7B; Peacock has 15M+ subscribers, up 70% YTD, and accounted for a $614M EBITDA loss  —  Parent company Comcast also updates broadband subscriber trends at its cable systems business amid growth challenges across the industry.
Charlie Savage / New York Times:
The US DOJ formally bans the use of subpoenas, warrants, or court orders to seize reporters' communications records or demand notes or testimony in leak probes  —  The rule codifies and expands a policy he issued in 2021, after it came to light that the Trump administration had secretly gone …
 
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 More News: 
Annie Palmer / CNBC:
Amazon reports Q3 advertising services revenue grew 25% YoY to $9.55B vs. $9.48B est., and subscription services revenue grew 9% YoY to $8.9B
Agence France-Presse:
AFP and Twitter partner to elevate credible information in Spanish in Latin America, Spain, and the US, a month after announcing a deal for Portuguese in Brazil
Discussion: Reuters and Adweek
Davey Alba / Bloomberg:
NewsGuard: partisan organizations masquerading as local news outlets have spent about $3.94M on Facebook and Instagram ads so far in 2022, per Meta's Ad Library
Patrick Coffee / Wall Street Journal:
NYC-based OpenWeb, which helps outlets target readers with ads and manage comments, raised a $170M Series F at a $1.5B valuation, up from $1B+ in November 2021
 Earlier Picks: 
Daniel Zuidijk / Bloomberg:
Web Summit rescinds invitations to The Grayzone speakers, after a backlash over the website claiming Ukraine's government and military are sympathetic to Nazis
Philip Bump / Washington Post:
Similar to its heavy coverage of a migrant caravan in 2018, Fox News has steadily ramped up mentions of crime in the two months ahead of the 2022 US midterms
Semafor:
Sources: former The Hill owner Jimmy Finkelstein raised at least $40M for The New Statement, a digital news outlet billed as a Washington Post-Daily Mail hybrid
 

 
From Techmeme:

Brian Krebs / Krebs on Security:
Report: alleged ringleader of the Scattered Spider hacking group was arrested in Spain; sources: the accused is a 22-year-old Scottish man named Tyler Buchanan

Mark Gurman / Bloomberg:
A look at Apple's slow rollout of AI features, impressive visionOS 2 beta, plans for thinnest, lightest devices in tech, including a phone in the iPhone 17 line

Caroline O'Donovan / Washington Post:
Leaked documents reveal life-threatening issues at Amazon's primary-care service One Medical, raising concerns about Amazon's frugal approach to health care

 
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