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As X fails to moderate Israel-Hamas misinformation, Meta has an opportunity to make real-time news a pillar of Threads and give the app an existential purpose — Three months into its existence, the app's purpose may be coming into focus — if Meta will embrace it
Discussion:
CNN, TechCrunch, Bloomberg, Wired, Jimmy Xing on LinkedIn, The Information, @anneapplebaum, Bloomberg, @onthemedia, @knittingknots2@mstdn.social, @jakemgrumbach, @nxthompson, Semafor, @oneunderscore__, @penamerica, 9to5Mac, @chrischirp@fediscience.org, @carnage4life@mas.to, @freedom_official_p …, @buccocapital@threads.net, @reporterzoe@threads.net, @davidfrenchjag@threads.net, @timothyjchambers@threads.net, @mattbinder@threads.net, @jason_whitman@threads.net, @carnage4life@threads.net, @mattbinder@threads.net, @alex.stamos@threads.net, @therealhoarse@threads.net, @ianbremmer@threads.net, @crumbler@threads.net, @oliverdarcy@threads.net, Morning Brew, @bruno_j_navarro …, @tchambers@indieweb.social, @ianbetteridge@writing …, The Guardian, @caseynewton@mastodon.social, Media Matters for America, CNBC, CNN, @Newmy@writing.exchange, @mimsical@mastodon.social, MediaPost, Variety, @chrismessina@mastodon.xyz, CBS News and Politico, more at Techmeme »
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As the Israel-Hamas war escalates, a look at the hacktivism on both sides, including outside hackers defacing and DDoSing government websites and media outlets — Since the conflict escalated, hackers have targeted dozens of government websites and media outlets with defacements and DDoS attacks …
Discussion:
Insider, @mattburgess@infosec.exchange, Fox News, Washington Post, TechCrunch, CBS News and Bloomberg, more at Techmeme »


Sources in Bob Iger's inner circle and at Disney describe him as overwhelmed and exhausted by the company's challenges, which include Hollywood strike tensions — Disney's legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.
Discussion:
Wall Street Journal, The Messenger, The Wrap, New York Post, KNSD-TV and The Information
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Sources: activist investor Nelson Peltz's Trian Fund, now one of Disney's largest investors with a $2.5B+ stake, is planning a fresh push for Disney board seats
Discussion:
Financial Times, @bigheadtales, @davecbenoit, @hecallsmepp, @altafoxcapital, @sherman4949, @rwhelanwsj, @stockmarketnerd, @scottgustin, The Information, Wall Street Journal, The Daily Beast, Reuters, CNBC, @asharma, @davidpoland, @zugmanfabio, @batmongoose, Axios, Los Angeles Times, Insider, KNSD-TV, What's On Disney Plus, Yahoo Finance, Financial Times, Deadline, Cord Cutters News, Bloomberg, The Wrap, New York Post, The Hollywood Reporter, The Messenger, Fortune and Variety


The Washington Post is offering voluntary buyouts over the next few weeks, aiming to cut ~240 jobs out of 2,500 to offset digital subscription and ad challenges — The publication has struggled to grow subscriptions in recent years. — The Washington Post is cutting about 240 jobs across the company …
Discussion:
@benmullin, NPR, Washington Post, The Hill, The Messenger, The Information, @davidfolkenflik, The Daily Beast and @oliverdarcy@threads.net


Wall Street Journal reporter Evan Gershkovich loses his appeal against his Russian arrest for espionage, meaning he will stay in jail at least until November 30 — A Wall Street Journal reporter who was detained in Russia on espionage charges lost his appeal against his arrest Tuesday …
Discussion:
Fox News, Talking Biz News, Associated Press, New York Daily News, The Hill and Wall Street Journal


Source: as of about June 2023, Netflix's ad sales and ad-supported subscriber numbers were roughly half what the company initially projected internally for 2023 — Turning Netflix into an advertising goliath is proving tougher than the video-streaming giant expected.


Sources: Mail on Sunday laid off four senior sports journalists, including Mike Richards and Rob Draper, leaving the newspaper without a dedicated sports editor — European Football Writer of the Year Rob Draper and BJA winner Nick Harris look set to leave.


London-based Audoo, whose Audio Meter identifies music played in public to gather more accurate data for royalties, raised $5M, taking its total funding to $22M — Can you feel the love tonight (well, this morning) for British startup Audoo? It has raised a new $5m funding round led …
Discussion:
Music Business Worldwide and Digital Music News


Memo: Condé Nast Entertainment President Agnes Chu is set to leave at the end of October in a reorganization combining editorial, branded content, and video — The executive joined the company from Disney in 2020. — Condé Nast is shaking up its video and editorial content structure …
Discussion:
The Wrap, Variety, The Information and @annaknicolaou

Paramount Global and iSpot.tv partner to “measure and transact” national TV ad campaigns using iSpot metrics for Paramount's US media and streaming properties — Deepening more alternative-currency agreements among major TV network-based media companies, Paramount Global has struck …
Discussion:
Adweek and Radio & Television …


A look at the stalled efforts to ban TikTok in the US as defense officials, who want an outright ban, clash with economic officials who back a compromise — The administration is throwing its weight behind a new bill after previous legislative and national security efforts faltered.
Discussion:
TechCrunch, The Hill, 9to5Mac and NewsNation, more at Techmeme »


On Amazon's Prime Big Deals Day, 40+ unionized staff at Reviewed stage a one-day strike after the Gannett product reviews site didn't give them bargaining dates — Shopping holidays, like Amazon's Prime Days and Black Friday, are the product review site's biggest revenue drivers
Discussion:
The NewsGuild, @reviewedunion, @nyguild and @reviewedunion