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1:20 AM ET, July 25, 2023

Mediagazer

 Top News: 
Lisa Richwine / Reuters:
The much-hyped “Barbenheimer” opening weekend netted $155M for Barbie and $80.5M for Oppenheimer, for $300M in total in the US and Canada for just the 4th time  —  The much-hyped “Barbenheimer” box office battle over the weekend proved to be a win for movie theaters that needed to add some sizzle to their summer.
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Ivan Mehta / TechCrunch:
Twitter rolls out its updated “interim” X logo, replacing the iconic bird, following Elon Musk's weekend announcement; X.com now redirects to twitter.com  —  Twitter has removed the iconic bird logo and adopted ‘X’ as its official logo.  This move comes after Elon Musk announced the change over the weekend.
Jon Porter / The Verge:
Spotify confirms raising US Premium to $10.99/month, up from $9.99, the first increase since its US launch in 2011; Duo rises by $2, Family and Student by $1  —  After 12 years, the price of Spotify Premium is increasing in the US.  The subscription will now cost $10.99 a month, the company announced today.
Aisha Malik / TechCrunch:
TikTok rolls out support for text posts, available via the app's Camera page and letting users add sounds, locations, stickers, and more  —  As Twitter shoots itself in the foot with a rebrand this morning, TikTok has announced that it's rolling out support for text posts.
Jean Yamamura / The Santa Barbara Independent:
The Santa Barbara News-Press, which has published a paper since 1868 and received a Pulitzer, ceases publication and files for a Chapter 7 bankruptcy  —  Publisher Ampersand Claims Few Assets and Many Creditors  —  More than 150 years of history ended on Friday when the Santa Barbara News …
David Folkenflik / NPR:
NPR names Edith Chapin as its SVP for news and editor-in-chief; she's been serving in the position on an acting basis since fall 2022, after joining NPR in 2012  —  NPR has moved to shore up its leadership at a time of significant transition, naming veteran news leader Edith Chapin …
Sports Business Journal:
Sources: MLS Season Pass is nearing 1M subs including season-ticket holders; team execs say they are frustrated due to lack of transparency in viewership stats  —  Apple's Eddy Cue began speaking to a room filled with MLS owners and executives last week in Washington, D.C. …
New York Times:
Sources: Altice USA is exploring a sale and other strategic options for Cheddar News; Altice USA acquired the streaming news network for $200M in 2019  —  Rebranding the social network as X marks the billionaire's latest gamble to reinvent the company, after buying it last year for $44 billion.
Catherine Perloff / Adweek:
Mailchimp owner Intuit is launching SMB MediaLabs, which lets advertisers target QuickBooks' 7.1M customers on social media, online publishers, CTV, and more  —  Targeting QuickBooks' customers across digital media is a promising new revenue line  —  Financial services giant Intuit …
Washington Post:
Mandiant: a Chinese PR firm used newswire services to place pro-Beijing content on the subdomains of 32+ US news outlets, including the Pittsburgh Post-Gazette  —  Welcome to The Cybersecurity 202!  Tim here.  If you're remotely interested in boxing, or maybe even if you aren't, you'll definitely want to be watching Saturday night.
 
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 More News: 
BBC:
BBC newsreader George Alagiah, who joined the broadcaster as a foreign correspondent in 1989 and presented BBC News at Six for the past 20 years, dies at 67
Patrick Sykes / Bloomberg:
Turkish shows, initially made for domestic audiences, are at the forefront of state broadcaster TRT's global expansion, as Turkey tries to extend its soft power
 Earlier Picks: 
Ben Smith / Semafor:
Sources: IAC, News Corp, the NYT, and other publishers are forming a coalition to push for AI laws and lead a lawsuit against AI firms who trained on their data
Brian Merchant / Los Angeles Times:
Studio executives embraced Silicon Valley's magical thinking of hypergrowth and disruption for the past 10 years, only to slash worker pay as the boom times end
Brian Veseling / WAN-IFRA:
A look at Argentina's Clarín, which has 30M monthly readers and 700K subscribers, as the outlet looks to diversify their offerings and expand into other markets
Variety:
A look at the actors' and writers' strikes that are plunging Hollywood into chaos, causing pricey movie delays, pay battles, AI anxiety, and more
 

 
From Techmeme:

Jason Schreier / Bloomberg:
Sources: after closing several video game studios, Microsoft plans more cuts, as the massive Activision acquisition has ramped up scrutiny on the Xbox division

Wall Street Journal:
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation

Wall Street Journal:
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out
 
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