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9:10 AM ET, April 21, 2023

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 Top News: 
Charlie Warzel / The Atlantic:
The legacy of BuzzFeed News has two parts: brilliant stories and alumni, and also the tragedy of mismanagement and impossible, ceaseless exponential growth  —  And it will be a lot less human.  —  If you're curious to know what it was like to work at BuzzFeed News in the salad days of the mid-2010s …
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New York Times:
Memo: BuzzFeed shuts down News and cuts ~180 jobs, or ~15% of its staff; Jonah Peretti: “we will have a single news brand in HuffPost, which is profitable”  —  BuzzFeed News, which won a Pulitzer Prize but never made money, is “beginning the process of closing,” the company's founder …
Discussion: @oliverdarcy, @film_girl, The Daily Beast, @gamoid, @davidmackau, @genepark, @kelsaywhat, Vanity Fair, @maxseddon, @addysbaird, Poynter, The Independent, @maxseddon, Axios, Wall Street Journal, Axios, Press Gazette, The Verge, @katenocera, @liamstack, @nytimestech, @dougsaunders, @carnage4life, @tomgara, @mathewi, @thebrianpenny, @janelytv, @sizpatel, @slimjosa, @walldo, @paldhous, @briannawu, @thestalwart, Media Voices, What's New in Publishing, @jgrebes, @brucebartlett, @howardfineman, @simonateba, @bcmerchant, @petersterne, @katienotopoulos, @panzer, @atrupar, @tess_townsend, @rahawahaile, @matthewsitman, @iansherr, @rdrv3, @michaelrcaputo, @shannon_liao, @medinamora, @lolacoaster, @mikeduncan, @jowrotethis, @niketa, @katie_robertson, @craftingmystyle, @agraybee, @pt, @stephaniemlee, @ericnewcomer, @karlbode, @haleaziz, @sarahkendzior, @supermathskid, @vv1lder, @sarayasin, @oliverdarcy, @apbenven, @reichlinmelnick, @jane__bradley, @katienotopoulos, @ericnewcomer, Observer, @benmullin, @silvermanjacob, @kantrowitz, @sapna, @maxseddon, @harry1t6, @euamiri, @cbellantoni, @mcbyrne, @charliekirk11, @bcmerchant, @skbaer, @cfarivar, @byjoelanderson, @tomgara, @johnpaczkowski, @johnpaczkowski, @oneunderscore__, @radbrowndads, @jbenton, @hansmahncke, @freeblackgirl, @lwalubengo, @tomgara, @micsolana, @edzitron, @waouwwaouw, @davidmackau, @jayasax, @calebjhull, @sapna, @markseibel, @mnshap, @valeriereports, @film_girl, @papapishu, @rvawonk, @jason, @gregbensinger, @benmullin, @awolfeful, @kenbensinger, @marcusgilmer, @sarahw, @ncksmmrs, @kpfallon, @mediumsizemeech, @1followernodad, @nycsouthpaw, @wesyang, @harrymccracken, @edmundlee, @sdkstl, @annabroges, @pfpicardi, @mikeisaac, @brandyzadrozny, @rdrv3, @sarafischer, @alexckaufman, @oliviasolon, @hardin, @tomnamako, @lucas_shaw, @jeffjarvis, @kemc, @selviano, @lucas_shaw, @pdmcleod, @lucas_shaw, @kfile, @oliverdarcy, @abgutman, @chelseacirruzzo, @daveyalba, @bernstein, @chaykak, @fortesalatifi, @kateaurthur, @jon_christian, @russbengtson, @oliverdarcy, @film_girl, Crain's New York Business, MediaPost, PenguinRandomhouse.com, @film_girl@mastodon.social, @film_girl@mastodon.social, @film_girl@mastodon.social, CNBC, @GossiTheDog@cyberplace.social, @caseynewton@mastodon.social, Gizmodo, Mediaite, @kevincollier@mastodon.social, @howelloneill@infosec.exchange, The Information, Variety and @benmullin, more at Techmeme »
Ben Smith / Semafor:
The end of BuzzFeed News signals a vast shift in digital media: the old way of thinking about news as text distributed primarily on social media has passed
Gerry Smith / Bloomberg:
BuzzFeed CRO Edgar Hernandez and COO Christian Baesler are leaving as part of the company's cuts, following advertisers pulling back; BZFD closes down 19.71%
Jahnavi Nidumolu / Reuters:
Twitter dropped the “Government-funded” and “China state-affiliated” labels from accounts of media organizations and journalists, including NPR, BBC, and Xinhua  —  Twitter dropped the “Government-funded” and “China state-affiliated” labels, which implies government involvement …
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Amanda Meade / The Guardian:
Lachlan Murdoch drops his defamation lawsuit against the publisher of Crikey over a 2022 article that called the Murdochs Trump's “unindicted co-conspirators”  —  Move comes days after Fox reached a $US787.5m settlement with the voting equipment company Dominion in a separate defamation lawsuit
Bloomberg:
Sources: Hasbro is in talks with Entertainment One founder Darren Throop to sell most of the film and TV studio's assets back to him, backed by PE firm CVC  —  Hasbro Inc. is in talks with Entertainment One founder Darren Throop to sell most of the film and TV studio's assets back to him, according to people familiar with the matter.
Nilay Patel / The Verge:
After YouTube pulls Heart On My Sleeve due to a UMG copyright notice, a look at the legal dilemma for Google, which claims scraping data to train AI is fair use  —  If young Metro don't trust you, I'm gonna... tie you up in a decade of fair use litigation.  —  The AI Drake track …
Hsiuwen Liu / Columbia Journalism Review:
Journalists in Hong Kong, often veterans who had worked at closed outlets like Apple Daily, keep producing independent media despite strict government rules  —  Hong Kong Court News, an online outlet that debuted at the start of the year, operates out of a rented coworking space in Wong Chuk Hang …
Winston Cho / The Hollywood Reporter:
Angela Fu / Poynter:
A deep look at the changes at The Buffalo News: print and design outsourcing, staff furloughs, insurance snafus, fewer reporters, and higher-paid Lee executives  —  Lee cut budgets, pushed out veterans and outsourced design and print production at a paper that had been spared the worst of the industry's decline.
Deadline:
Former Marvel exec Victoria Alonso reaches a multimillion-dollar settlement with Disney over her firing; her lawyer says she was silenced for criticizing Disney  —  EXCLUSIVE: The Walt Disney Company has settled with former Marvel Studios VFX chief Victoria Alonso after pink-slipping her last month.
RELATED:
Ivan Mehta / TechCrunch:
Imgur plans to ban explicit images, but permit artistic nudity, from May 15, and expects issues as the service adopts a mix of automatic and human moderation
Discussion: Wired and Windows Central
 
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 More News: 
Tim Ingham / Music Business Worldwide:
Mandolin, a music livestreaming platform that launched in June 2020 and closed a $12M Series A in June 2021, announces it is shutting down
Nate Saunders / ESPN.com:
The family of former F1 racer Michael Schumacher plans to take legal action against German magazine Die Aktuelle for a fake interview generated by an AI chatbot
Mark Joyella / Forbes:
Fox News host Dan Bongino says he is leaving after unsuccessful contract extension talks, ending his shows Unfiltered with Dan Bongino and Canceled in the USA
 Earlier Picks: 
Katherine Le Ruez / The Guardian:
The Guardian signs a commercial licensing deal to let London-based tech startup Illuma use The Guardian's API to categorize articles for contextual ad purposes
Julia Rock / The Lever:
Fox says the company can deduct the cost of its $787.5M settlement with Dominion; writing off the full payment would amount to an estimated $213M in tax savings
Steven Monacelli / @stevanzetti:
[Thread] Twitter suspends Wired's Dell Cameron, saying he broke its hacked material policy by reporting about a hack of anti-trans activist Matt Walsh's account
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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