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10:15 PM ET, October 28, 2022


 Top News: 
Mike Masnick / Techdirt:
Among tech companies, Twitter has been the biggest defender of online free speech, globally; fired head of legal and policy Vijaya Gadde drove much of that work  —  Last night, Elon Musk closed his on-again, off-again, on-again deal to buy Twitter, and his very first order of business was to fire a bunch of top executives.
Washington Post:
Elon Musk takes over Twitter and fires several top executives, including CEO Parag Agrawal, CFO Ned Segal, and legal policy, trust, and safety head Vijaya Gadde  —  Musk's $44 billion deal to acquire the social media company closed on Thursday night.  —  SAN FRANCISCO — Elon Musk became …
General Motors suspends its paid advertising on Twitter as the car company evaluates the “direction of the platform under their new ownership”  —  - General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform.
Alex Heath / The Verge:
CNBC and Bloomberg ran headlines saying Elon Musk cut Twitter staff, based on two people with boxes outside the company's office; one used a meme as his name  —  In videos circulating on Twitter Friday morning, two men carrying boxes are seen standing near the entrance to Twitter's San Francisco building …
Todd Spangler / Variety:
A book excerpt details Netflix's shift from DVDs and tensions with HBO, which took a hard line on streaming rights, leading Netflix to make its own content  —  Jeffrey Bewkes scanned his mind, searching for the perfect war metaphor.  —  It was December 2010.
Discussion: @lucas_shaw
Ashley King / Digital Music News:
Music streaming service LiveOne and its subsidiary Slacker say a ruling ordering them to pay SoundExchange nearly $10M in royalties could bankrupt the company  —  Is Slacker headed for bankruptcy?  The company says SoundExchange's $10 million judgment could destroy them.
Discussion: Billboard
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.
Pjotr Sauer / The Guardian:
Lithuania intelligence sources: Russian journalist Ksenia Sobchak, the daughter of Putin's mentor, fled to Lithuania after Moscow police raided one of her homes  —  Ksenia Sobchak, media personality and daughter of Vladimir Putin's one-time boss, was subject of arrest order
Discussion: Washington Post, Grid News and Insider
Benjamin Mullin / New York Times:
In an email to staff, Chris Licht said CNN will stop buying documentary films and original TV series, and instead explore creating a long-form content studio  —  Acquired and commissioned documentary movies and TV shows like ‘Navalny’ and ‘Stanley Tucci: Searching for Italy’ are going away.
Daniel Finn / The Wire:
Q&A with Tom Mills, the author of The BBC: Myth of a Public Service, on the BBC's start in 1922, government relationships, rethinking the license fee, and more  —  No broadcaster in the world today can rival the cultural prestige of the UK's British Broadcasting Corporation (BBC).
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 More News: 
Martin Pengelly / The Guardian:
Over 500 authors, publishers, and others in the US literary community sign an open letter to Penguin Random House protesting Amy Coney Barrett's $2M book deal
Ashley Carman / Bloomberg:
Spotify contracts show podcasters using SPAN, the company's programmatic ad market, split revenue 50/50; Spotify gives no promise that competitive ads won't run
Kaya Yurieff / The Information:
Twitter confirms the company shut down its Ticketed Spaces test indefinitely before Elon Musk's takeover
David Gutman / The Seattle Times:
A Washington judge fines Meta $24.66M, the maximum possible amount, after finding the company intentionally violated campaign finance disclosure laws 822 times
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%
 Earlier Picks: 
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
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