Mediagazer: Reddit says its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globally (Scharon Harding/Ars Technica)

4:10 AM ET, April 25, 2024

Top News:

Lauren Feiner / The Verge:

President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20 — The divest-or-ban bill is now law, starting the clock for ByteDance to make its move. The company has an initial nine months …

Discussion: CNBC, @tiktokpolicy, Politico, @cinemasai_, @maxwinebach, @adamkovac, @themaxburns, @ldrogen, @rlheinrichs, @tomwarren, @munster_gene, @kyurieff, @potus, @lanceulanoff, @blackleftaf, @michaelsobolik, ABC7, @aripap, @repdancrenshaw, @alexgrayforok, @jameeljaffer, Digital Music News, @michaelsobolik, @viacristiano, @nathanleamerdc, @djvlad, @jeromysonne, @michaelsobolik, Zack Stern on LinkedIn, @kellymakena, Morten Rand-Hendriksen on LinkedIn, @alyssafarah, @aghamilton29, @steventdennis, @tiktokpolicy, @mtracey, @danprimack, Tubefilter, Music Business Worldwide, @ddimolfetta, @carnage4life, @mkraju, @brendancarrfcc, @yashar, @alexbarinka, @deedydas, @viacristiano, @therecount, @drjessmaddox, @deanbaker13, @hankgreen, Neowin, One Man & His Blog, Android Authority, India Today, GSMArena.com, The Independent, Android Headlines, Mothership.SG, Axios, Total Telecom, KnowTechie, London Evening Standard, Semafor, Politico, Kiplinger.com, Android Police, Dexerto, Infosecurity, Semafor, XDA Developers, PetaPixel, Forbes, DJ Mag, Tom's Guide, Comic Book, Android Authority, PCMag, Newsweek, Business Insider, Social Media Today, PR Daily, Florida Politics, Far Out Magazine, Bloomberg, Australia & World, Mastodon, Silicon UK, @alexheath@threads.net, @jw@threads.net, @ezeekat@threads.net, Benzinga, Variety, 9to5Mac, Rolling Stone, AppleInsider, Engadget, Washington Post, Bloomberg, The White House, The Information, Wired, NBC News, The Daily Beast, TechCrunch, Fast Company, @mattontech@mastodon.sdf.org, The Guardian, Music Ally, The Guardian, Wall Street Journal, Wall Street Journal, New York Times, BGR, ComingSoon.net, CNN, The Indian Express, Sydney Morning Herald, Reuters, @NeoNacho@mastodon.social, The Daily Beast, Neowin, Wired, The Register, Engadget, The Wrap, GB News, Mumbrella, Gizmodo, MediaPost, South China Morning Post, New York Daily News, The Hill, The Verge, r/popculturechat, r/politics and Beehaw, more at Techmeme »

Foo Yun Chee / Reuters:
TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children

Will Oremus / Washington Post:
Meta, Google, Snap, and Amazon all benefit from the US TikTok ban; Mark Zuckerberg criticized TikTok's Chinese roots in 2019, part of Meta's broader campaign

Discussion: Fast Company, @willoremus@mastodon.social and Ad Age

Alex Barinka / Bloomberg:
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees divestiture as a last resort

M.G. Siegler / Spyglass:
Whether TikTok is banned or not, this is the end as we know it for the loss-making app, which may lose focus due to advertiser, creator, and staff uncertainty

Discussion: The Cool Down, Wired and CNBC, more at Techmeme »

Manish Singh / TechCrunch:

Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals — JioCinema, the popular Indian on-demand video-streaming service, introduced a new monthly subscription plan on Wednesday, with the lowest tier costing just 35 cents.

Discussion: Reuters, The Indian Express, Bloomberg and Variety

Meta Investor Relations:

Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.

Discussion: Andy Barr on LinkedIn, New York Times, Fast Company, @edludlow, The Verge, Financial Times, Reuters, Wall Street Journal, Variety and The Hollywood Reporter, more at Techmeme »

Ashley Capoot / CNBC:

Meta's stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments — Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis …

Discussion: Adweek, City A.M., The Wrap, Roderick Mann on LinkedIn, The Information and Fortune, more at Techmeme »

Murray Stassen / Music Business Worldwide:

Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am — In February, Robert Kyncl - CEO of Warner Music Group - confirmed that WMG was in active discussions to sell its ‘owned and operated’ media properties UPROXX and HipHopDX.

Discussion: UPROXX Studios, Maria Weaver on LinkedIn, Forbes, Billboard, Digital Music News and The Hollywood Reporter

Alex Weprin / The Hollywood Reporter:

Proxy filing for TKO Group Holdings: Endeavor's Ari Emanuel received a pay package of nearly $65M in 2023, the year that Endeavor merged UFC and WWE — TKO, the owner of the WWE and UFC, disclosed its executive pay packages in its proxy filing. — Endeavor's $21 billion deal to merge …

Discussion: The Wrap, Variety and Deadline

New York Times:

Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push — NPR employees tuned in for a pivotal meeting late last year for a long-awaited update on the future of the public radio network.

Discussion: @benmullin, @michaelmagras@mstdn.social, @ri.woche@threads.net, @davidfolkenflik, @benmullin, @benmullin, @_eileenie_@threads.net and @yonetteajoseph@threads.net

Alexandra Bruell / Wall Street Journal:
An interview with NPR CEO Katherine Maher, who defends NPR and accuses critics of “bad faith distortion” of her past comments about the First Amendment

Discussion: Fox News, Inside Radio, @edbmarsh, @jonathanturley and The Hill

Scharon Harding / Ars Technica:

Reddit says its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globally — Reddit says its “communities are naturally commercial.” — Reddit has made it clear that it's an ad-first business.

Discussion: @drrjv@vmst.io, @dangillmor@mastodon.social, @arstechnica@mastodon.social and Social Media Today, more at Techmeme »

Robbie Farias / Austin American-Statesman:

A photojournalist for TV station Fox 7 Austin was arrested after an altercation with state troopers at a pro-Palestinian protest at the University of Texas — A photojournalist with FOX 7 Austin was arrested during a pro-Palestinian protest at the University of Texas at Austin on Wednesday.

Will Sommer / Washington Post:

The founder of The Gateway Pundit says its parent company is filing for Chapter 11 bankruptcy, as it faces lawsuits claiming it promoted bogus election claims — Gateway Pundit, the popular far-right blog, is filing for bankruptcy as it faces lawsuits alleging it promoted bogus claims …

Discussion: The Guardian, The Gateway Pundit, @checkmyads@threads.net, CNN, @yonetteajoseph@threads.net, @asfleischman, NPR, HuffPost and Mediaite

Daniel Thomas / Financial Times:

Apollo-backed US investment group Concord increases its bid for Hipgnosis Songs Fund, to $1.5B, just over the last offer from Blackstone — Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival's bid — Hipgnosis Songs Fund has found itself at the centre …

Discussion: City A.M., CMU, Billboard, Music Business Worldwide and Digital Music News

Tom Jones / Poynter:

How the Columbia Daily Spectator, the independent student newspaper of Columbia University, is covering the tense protests over the Israel-Hamas war — The Columbia Daily Spectator has expertly documented tense protests over the Israel-Hamas war inside and outside the campus.

Discussion: Columbia Journalism Review, Wall Street Journal, @nicdawes, The Hill, @will_bunch, @poynter, Rhode Island Current, @mukta_jo, @samaakhu, The Indian Express, GQ, The Philadelphia Inquirer, CBS News and New York Times

Archived Page Info:

This is a snapshot of Mediagazer at 4:10 AM ET, April 25, 2024.

View the current page or another snapshot:

Who's Hiring in Media?

Accounting Specialist Editor, Remote US — Reuters

Senior Correspondent - Wealth, NY — WSJ

Asia Credit Reporter, Seoul — Bloomberg

Senior Editor, DC — National Geographic

Sr. Social Media Specialist, NC — espnW

Associate Editor - Aviation, TN — Firecrown

Assistant Editor - Digital, NC — SBJ

Video Producer - YouTube, NY — Morning Brew

Senior Managing Ed. - Daily Desk — The Athletic

Content Managing Editor — Freedom Forum

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Associate Editor, Remote — Tech Policy Press

Retail Reporter, MN — Star Tribune

Senior Data Editor, DC — U.S. News

Managing Ed. - Berks County, PA — Spotlight PA

News Editor - UK, Remote — The Verge

Staff Writer, TX — Dallas Observer

Multimedia Journalist, PA — Observer-Reporter

Service Journalism Editor, CA — Sacramento Bee

Content Director, Remote — Campaigns & Elections

Sports Reporter, ME — Bangor Daily News

Los Angeles Issues Reporter, CA — CalMatters

Reporter - Middle East — Rest of World

Executive Editor, OR — Lookout Local

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

National Investigative Reporter, NY — HuffPost

Lexington County Reporter, SC — The State

Reporter - Offshore Wind — Canary Media

General Assignment Reporter, FL — County Record

Staff Reporter, CA — Daily Kos

Data Editor, NY — ProPublica

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Katie Kilkenny / The Hollywood Reporter:
Members of the iHeart Podcast Union file an unfair labor practice claim against iHeartMedia; the union represents around 100 producers, hosts, and others

Discussion: RADIO ONLINE, @wgaeast, @iwriteok, Writers Guild of America … and Radio & Television …

E. Alex Jung / New York Magazine:
A profile of Mehdi Hasan, whose aggressive interviewing helped him get an MSNBC show, as he now embraces the “canceled” label to launch his Zeteo substack

Discussion: @acrosshertable, @mehdirhasan, @arjafi, @nick_field90, @roolockwood, @wajahatali, @roxana_hadadi, @gazelleemami, @bilgeebiri, @e_alexjung, @freddydeknatel, @hkanji, @mehdirhasan, @e_alexjung, @madelesque, The Daily Beast and Adweek

Caitlin Huston / The Hollywood Reporter:
Fox's Tubi partners with DAZN to launch FAST channels DAZN Women's Football and DAZN Ringside, which features boxing and MMA, in the US

Discussion: Tv Technology, The Desk, StreamTV Insider, Media Play News, Digital Trends and WORLD SCREEN

Earlier Picks:

CNN:
Memo: Semafor elevates Max Tani to media editor; Ben Smith says Tani will play a big role producing and appearing at Semafor's media summit and other projects

Discussion: Washington Post, HuffPost, @maxwelltani, @semaforben, New York Daily News, The Daily Beast, The Hill, Forbes and Reuters

Max Goldbart / Deadline:
The UK's Channel 4 commits to make more shows outside England, after calls to increase its quota to make 9% of shows in Scotland, Wales, and Northern Ireland

Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info

Discussion: Wall Street Journal, City A.M., Nicholas Macdonald on LinkedIn, Jessica Meyers on LinkedIn, Fortune, WOOD-TV, CBS News, Ars Technica, Garth Stevens on LinkedIn, Jamie Olson on LinkedIn, Phil Cooper on LinkedIn, Peter Williams on LinkedIn, Todd Saunders on LinkedIn, Owais Durrani on LinkedIn, Jeffery Commaroto on LinkedIn, Wesley Kennedy-Sita on LinkedIn, Federal Trade Commission, @carnage4life, @cjjsaez, @bryanranderson, @quinnypig, @gergelyorosz, @bongcapital, @nick_bunker, @ftc, @reporterashley, @ftc, The Register, Harry Cosgrove on LinkedIn, Amy Barnes on LinkedIn, Semafor, New York Times, Adam Taft on LinkedIn, Alan Lasky on LinkedIn, Engadget, Sang Park on LinkedIn, Steve Katcher on LinkedIn, Peter Dziedzic on LinkedIn, Girish Nadkarni on LinkedIn, Michael Shea on LinkedIn, @katachora@hachyderm.io, @lexfri@hachyderm.io, @stevestreza@indieweb.social, @geerlingguy@mastodon.social, @karabaic@mastodon.social, @tacertain@infosec.exchange, @LLS@wandering.shop, @MisuseCase@twit.social, Washington Post, Sportico, Deadline, Variety, Wired, The Hill, STAT, HousingWire, The Information, Ad Age, New York Daily News, HuffPost, Gizmodo, Fast Company, CNN and The Verge, more at Techmeme »

From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024, that let users log in under specific circumstances with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Bloomberg:
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page