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2:00 PM ET, November 1, 2022

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James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification risks alienating creators and advertisers while helping accounts spread fake news  —  Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits.  —  Let us start with a confession …
Sara Fischer / Axios:
Twitter's Chief Customer Officer Sarah Personette has “resigned” after over four years and says she believes the new administration is committed to brand safety  —  Sarah Personette, Twitter's chief customer officer who's been with the company for more than four years …
Wall Street Journal:
Sources: Twitter is planning to end the ability of Twitter Blue subscribers to access ad-free articles from hundreds of publishers
Axios:
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016
New York Times:
A US federal judge blocks Penguin Random House's bid to acquire Simon & Schuster, saying the DOJ demonstrated the merger might “substantially” harm competition  —  The government's case blocked the merger of two of the United States' largest publishers and reflected a more aggressive approach to curbing consolidation.
David Pierce / The Verge:
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon  —  Streaming services are coming to YouTube.  The company is rolling out a new feature called Primetime Channels that will bring shows …
Kaitlyn Tiffany / The Atlantic:
A look at video site Rumble, which has been on an upward trajectory since H2 2020, when right-wing star Dan Bongino moved from YouTube and took an equity stake  —  When Donald Trump was banned from Twitter in January 2021, it was obvious that he would have to find somewhere else to post.
Sara Fischer / Axios:
Sources: CVC Capital Partners looks to partner with Group Black on its bid to buy BDG Media, providing equity; Blackstone also eyes a role in the acquisition  —  CVC Capital Partners is looking to partner with Group Black on its bid to buy BDG Media, according to sources.
Eileen AJ Connelly / The Wrap:
Fox Corp reports Q1 revenue up 5% YoY to $3.19B, compared to $3.17B estimates, ad revenue up 8% YoY to $1.22B, and $613M net income, down from $708M YoY  —  Fox Corp. on Tuesday said revenue rose 5% in the first quarter of television giant's fiscal year to $3.19 billion …
Sara Fischer / Axios:
Parrot Analytics plans to unveil a system that predicts the monetary value of streaming titles; Squid Game is on track to become Netflix's most lucrative series  —  Parrot Analytics, a firm used by many major Hollywood studios to understand audience demand for streaming content …
Sara Fischer / Axios:
Instagram is paying millennial-focused media company ATTN: six figures to create content to fight Spanish-language misinformation ahead of the US midterms  —  - ATTN: is known for making viral videos featuring politicians and celebrities discussing social causes.
 
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 More News: 
Brooks Barnes / New York Times:
Disney+ unveils a “limited test” offering exclusive access to select merchandise for US subscribers before it goes on sale in regular retail stores on Nov. 8
J. Clara Chan / The Hollywood Reporter:
Amazon expands Music for Prime members, offering ad-free podcast listening and increasing its music library from 2M to 100M songs, available on shuffle mode
Georg Szalai / The Hollywood Reporter:
SiriusXM reports its satellite radio unit added 187K self-pay subscribers in Q3 and lost 49K promotional subscribers; Pandora lost 52K net self-pay subscribers
Discussion: Inside Radio
 Earlier Picks: 
Kevin Rawlinson / The Guardian:
A UK high court judge dismisses a libel claim brought by James Dyson against Channel 4 over allegations of worker exploitation at Dyson suppliers' factories
Discussion: Bloomberg
Kayleigh Barber / Digiday:
Hearst plans to launch its commerce marketplace FirstFinds on November 1 after its beta launch on October 24 with 1,000+ products picked by a five-person team
Max Tani / Semafor:
Sources: ProPublica is scrambling to verify Chinese Communist Party memoranda, after criticism that its expose about a Wuhan lab was based on a mistranslation
Andrew Marchand / New York Post:
Amazon plans to launch a 12-hour daily lineup of sports talk shows, with seven shows available for free on Prime Video and its other audio and visual platforms
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time, reaching a valuation of $2.15T after rising 10% on April 26, its biggest one-day jump since July 2015

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure

 
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