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12:35 PM ET, October 17, 2023

Mediagazer

 Top News: 
Cointelegraph:
Crypto outlet Cointelegraph apologizes for falsely stating on X that the SEC approved a spot Bitcoin ETF, causing bitcoin to rise 10%+  —  Cointelegraph apologizes to its readers and discusses its investigation into what led to the posting of unverified news on X about a spot Bitcoin ETF.
Ben Smith / Semafor:
In response to a defamation lawsuit, the NewsGuild, a union representing journalists, filed legal motions seeking correspondence between reporters and sources  —  The premier U.S. journalists' union wants my emails.  —  Specifically, in response to a critic's defamation lawsuit …
Brian Steinberg / Variety:
Sara Fischer / Axios:
Patreon acquires Moment, which has raised $13.5M since its 2019 founding and helps creators host ticketed livestreams like for podcast recordings and concerts  —  Patreon, which connects creators with fans and get paid by them directly, has acquired Moment, a livestream platform for events …
Reuters:
Italy plans to cut the compulsory license fee that helps finance public TV and radio broadcaster RAI from €90 to €70 per year in the 2024 budget  —  Italy will reduce the compulsory licence fee that helps finance public TV and radio broadcaster RAI from 90 to 70 euros ($73.70) …
Discussion: The Desk
Morgan Sung / TechCrunch:
Twitch launches Stories, expiring after 48 hours, for Partners and Affiliates who have streamed at least once for 45 minutes or longer in the last 30 days  —  Ahead of TwitchCon Las Vegas, Twitch is launching stories for streamers to connect with their audience even when they aren't live.
Mikey O'Connell / The Hollywood Reporter:
Q&A with Rachel Maddow on reducing on-air time, covering Donald Trump's indictments, cord cutting, Elon Musk's X, her podcasts, the Hollywood strikes, and more  —  The MSNBC host on her lack of boundaries, Elon Musk's destruction of Twitter and the cultural whiplash of working in Hollywood …
Eryk Bagshaw / Sydney Morning Herald:
Australian journalist Cheng Lei was imprisoned in China for three years for breaking an embargo on a Chinese government briefing by a few minutes  —  Australian journalist Cheng Lei was imprisoned in a Beijing cell because she broke an embargo on a Chinese government briefing by just a few minutes …
Discussion: The Guardian, Reuters and Bloomberg
 
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 More News: 
Stephen Council / SFGATE:
Music storefront Bandcamp lays off nearly 50% of its workforce, or 58 employees, as part of Songtradr's acquisition of the company from Epic Games in September
 Earlier Picks: 
Wall Street Journal:
Sources detail Netflix's deepening gaming push: more games based on its shows, including Squid Game and Wednesday, discussions about a GTA game, and more
Nicole Sperling / New York Times:
Taylor Swift: The Eras Tour grossed an estimated $95M to $97M on its opening weekend in the US and Canada across 3,855 theaters, a big boost to the industry
 

 
From Techmeme:

New York Times:
A look at how Elon Musk uses X to support right-wing world leaders like Narendra Modi who could help secure advantages for his businesses

Saritha Rai / Bloomberg:
A look at 01.AI, which is launching Wanzhi, a free generative AI assistant focused on the Chinese market; CEO Kai-Fu Lee says 01.AI is nearing profitability

Melissa Korn / Wall Street Journal:
A look at the rise and fall of 2U, which provides online degree programs for top US universities, and is valued at ~$30M today, down from $5B+ in 2018

 
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