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Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
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Linda Yaccarino is stepping down as NBCUniversal's chairman of global advertising and partnerships, set to be replaced in the interim by Mark Marshall — The executive will be succeeded in the interim by advertising sales and client partnerships president Mark Marshall
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A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
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Report: CNN CEO Chris Licht and three other execs met with Oliver Darcy and his editor over Trump town hall coverage; they told Darcy his work was too emotional — CNN media reporter Oliver Darcy was reportedly scolded by his boss Chris Licht, the chairman and CEO of the network …
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Puck, @dylanbyers, Adweek, @mastodonmigration …, @markjacob16, @comfortablysmug, @stevemullis, @son_of_a_thomp, @jamisonfoser, @jackposobiec, @chrisgeidner, @ashtonpittman, @redsteeze, @david_darmofal, @existentialfish, @kateaurthur, @michaeldweiss, @mattgertz, @mirandayaver, @meidastouch, @soledadobrien, @mattdpearce, Newser and Forbes


Sources: CNN tried to book Donald Trump for months; he agreed after his campaign reached an understanding that CNN would book Trump surrogates, which CNN denies — Questions also linger over what the network offered the ex-president in exchange for what some called a Trump infomercial
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Advocate, Wall Street Journal, @hugolowell, @jbensonwrites, Metro.co.uk, The Wrap, @brianstelter, New York Post, Mediaite, @newrepublic, @newrepublic, @mattyglesias, @thp1640, New Republic and The Hill
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[Thread] On May 11's editorial call, CNN's Chris Licht says Kaitlan Collins “made a lot of news” and “America was served very well by what we did last night”
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Austin Russell, CEO of automotive technology company Luminar Technologies, says he is buying an 82% stake in Forbes in a deal valuing the outlet at nearly $800M — Deal values business publication at close to $800 million — The CEO of an automotive-technology company said he is buying …
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Reuters, Axios, MarketWatch, The Information, @ernie@writing.exchange, @rmac18, @mayazi and @thekenyeung

Reuters EIC Alessandra Galloni sets an AI use framework: journalists are responsible for greenlighting content that uses AI, disclosure is essential, and more — Reuters set out a framework for using artificial intelligence to support its journalism with “rigorous oversight by newsroom editors” …
Discussion:
@patwhite70 and @palewire


Sources: TikTok has been offering artists custom deals that are more typical of major record labels, exchanging licensing for an advance and a revenue split — Over the past few years, TikTok has become a viral hitmaker, sending musical artists like Lil Nas X to the top of the record charts …
Discussion:
New York Times, Billboard, Engadget, Gizmodo, Digital Music News, @mattnavarra, @kalleyhuang, TechCrunch and Music Ally, more at Techmeme »


Twitter appears to limit search results for news website Bellingcat; Elon Musk has suggested that Bellingcat's Texas mall shooting investigation was a “psyop” — - The investigative news website Bellingcat reported on the Texas mall shooter's apparent neo-Nazi beliefs.
Discussion:
@arictoler, @eliothiggins, @eliothiggins, Politico and Associated Press


Netflix has become an avatar for the striking writers' complaints, as the streaming era eroded working conditions, stagnated wages, and disrupted residual pay — Fear of protests prompted the streaming giant to shift an anticipated presentation for advertisers to a virtual event and a top executive to skip an honorary gala.
Discussion:
Vanity Fair, @k_trendacosta, @carriecnh12, @christinastrain, @nytimesbusiness, @jennifersgrand, @slack2thefuture, @robsforman and Comic Book
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A Florida bill weakening media protections against defamation claims fails to advance beyond a committee vote, after Governor DeSantis-friendly outlets resisted — Florida Gov. Ron DeSantis got most of what he encouraged the state legislature to pass as he gears up for a likely presidential run.
Discussion:
@michaelkruse, The Rural Blog, @jjohnsonlaw, @exposingalec and Florida Governor Ron DeSantis


A scammer made about CA$13K selling AI-generated “leaks” of fake Frank Ocean tracks on Discord, as distinguishing between real and AI music becomes difficult — Frank Ocean communities on Discord and leaked music forums were in a frenzy over newly discovered music from the reclusive artist.
Discussion:
Music Ally, Plagiarism Today and Engadget