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3:15 AM ET, February 14, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
Memo: Paramount starts layoffs to reduce costs; sources say ~800 employees, or an estimated 3% of its headcount, are getting cut across all divisions  —  Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs.
RELATED:
Rick Porter / The Hollywood Reporter:
Jon Stewart's Daily Show return drew 930K viewers, the most for a Daily Show installment in almost six years; simulcasts brought the total to 1.85M viewers  —  Comedy Central records its most watched episode of the late night show since March 2018.  —  The reunion of Jon Stewart …
Wall Street Journal:
Sources: Pete Distad, who was in charge of Apple's video and sports businesses, is among the top CEO candidates for the Disney/Fox/WBD streaming venture  —  Planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package
Discussion: The Desk and @dylanbyers
Michael M. Grynbaum / New York Times:
Though Karine Jean-Pierre is press secretary, John Kirby, WH national security communications adviser, has increasingly co-hosted briefings since October 7  —  The White House heralded Karine Jean-Pierre as a trailblazing press secretary.  But it has increasingly relied on John Kirby, a longtime Washington hand, to spread its message.
Sarah Perez / TechCrunch:
Flipboard has launched more than 1,000 of its social magazines in the fediverse, allowing users to find the magazines via federated social apps like Mastodon  —  The fediverse just got a little bigger today as Flipboard has now launched over 1,000 of its social magazines across the decentralized social web …
Discussion: Flipboard
Foo Yun Chee / Reuters:
TikTok plans to launch an in-app local language Election Centre in March in all 27 EU countries, to fight fake news ahead of the European Parliament elections  —  ByteDance-owned social media platform TikTok said on Wednesday it will ramp up its fight against fake news and covert influence operations …
Discussion: TikTok and RTÉ
Mark Stenberg / Adweek:
Axel Springer announces its first US leadership team, a 10-person group that includes Politico Europe co-founder Gabriel Brotman, a sign of its US ambitions  —  The 10-person cohort includes five new hires and points toward centralization  —  German media company Axel Springer announced …
Bloomberg:
A look at Adobe's cautious gambit in developing Firefly after the soaring popularity of DALL-E and Midjourney, emphasizing brand safety and liability protection  —  Dall-E and Midjourney pushed the Photoshop behemoth to develop Firefly, a suite of AI tools.  Will creatives get on board?
 
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 More News: 
Leo Schwartz / Fortune:
Source: DCG sold CoinDesk to crypto exchange Bullish for between $70M and $80M cash in November 2023, after acquiring the publication for $500K in January 2016
Ernesto Van der Sar / TorrentFreak:
A US judge says OpenAI must face a claim of violating CA unfair competition law by using copyrighted books, but dismisses some claims like DMCA violations
Georg Szalai / The Hollywood Reporter:
Q&A with Marc Jury, the CEO of African streamer Showmax, on doubling down on originals, working with Comcast, the appeal of the English Premier League, and more
Chris Vallance / BBC:
The BBC says its iPlayer streaming service will stop supporting PC and Mac program downloads in March 2024, citing cost and low usage, but mobile is unaffected
 Earlier Picks: 
Todd Spangler / Variety:
Memo: SiriusXM plans to cut ~160 jobs, or ~3% of its workforce, after laying off 475 employees, or ~8% of its workforce, in March 2023
Reuters:
Thai police arrest journalists Nattaphol Meksobhon and Nattaphon Phanphongsanon over a story on an activist spray painting an anarchist symbol on a temple
Amanda Silberling / TechCrunch:
Music encyclopedia EveryNoise, which uses Spotify data, stopped updating after Spotify laid off the employee running the site in December, angering its fans
Selome Hailu / Variety:
Nielsen and Adobe Analytics: Super Bowl 2024 averaged 123.4M viewers across CBS and streaming services, making the game the most-watched US telecast ever
 

 
From Techmeme:

Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods

Tom Dotan / Wall Street Journal:
Microsoft plans to invest $3.3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a University of Wisconsin AI lab

Demetri Sevastopulo / Financial Times:
The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei, affecting Intel and, sources say, also Qualcomm
 
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