Top News:

Preliminary findings: the EU says Meta's pay or consent ad model breaches the DMA; Meta faces a fine of up to 10% of its global annual turnover if found guilty — Meta Platforms (META.O) was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules …
Discussion:
The Guardian, European Commission, The Register, @benedictevans@threads.net, @benedictevans@threads.net, Benedict Evans on LinkedIn, @thierrybreton, @jason_kint, @tjasa_pet, @jefflonsdale, @beuc, @florian4gamers, @vestager, @eu_competition, @eu_commission, @andrewpardoe@threads.net, MarTech, New York Post, The Information, The Verge, Financial Times, @Jeremiah@alpaca.gold, @Jeremiah@alpaca.gold, @Frederik_Borgesius …, @pernillet@mastodon.online, @GottaLaff@mastodon.social, CNN, @maik.zumstrull.net, TechCrunch, Wired, Quartz and Engadget, more at Techmeme »

A look at WSJ's rocky reboot under Emma Tucker, who addressed editing bottlenecks and pushed for ambitious stories, while unnerving the newsroom with layoffs — The British-born editor has injected America's business paper of record with ambition and verve, while unnerving the newsroom with unapologetic cuts.
Discussion:
@mlcalderone, @charlottetklein and New York Post

Staff at Australia's Nine passed a motion of no-confidence in CEO Mike Sneesby on Friday and prepare to take industrial action, after he announced ~200 job cuts — Chief executive Mike Sneesby says ‘economic headwinds’ and end of Meta deal are to blame for lost jobs

Meta changes its “Made with AI” label to “AI info”, to indicate images were not necessarily created with AI but that AI editing tools may have been used — After Meta started tagging photos with a “Made with AI” label in May, photographers complained …
Discussion:
Engadget and The Verge, more at Techmeme »

Redbox's owner, Chicken Soup for the Soul Entertainment, files for bankruptcy protection; Chicken Soup took on $325M in debt when it acquired Redbox in 2022 — Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight.

B2B information and data provider Wilmington sells its UK healthcare business, which includes Health Service Journal, to PE firm Inspirit Franklin for £26M — HSJ has been owned by Wilmington since 2017. — Health Service Journal will move under private equity ownership following a sale by owner Wilmington.

Hunter Biden sues Fox News over its six-part “mock trial” series The Trial of Hunter Biden, alleging the network targeted him to “harass” and “humiliate” him — Hunter Biden filed a lawsuit in New York City against Fox News on Sunday evening …

Some Hollywood writers and actors are struggling to meet salary or work requirements to keep their union's health insurance plans, following the 2023 strikes — After the 2023 work stoppages and amid a larger industry contraction, creatives face difficulties meeting minimums to keep their union plans …

SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, says neither lower court conducted proper analysis of 1A challenges — Washington — The Supreme Court on Monday ordered lower courts to take another look at a pair of laws from Florida and Texas …
Discussion:
MediaPost, Engadget, TechCrunch, NPR, Reason, Quartz, Reclaim The Net, Reuters, Associated Press, CNBC, New York Post, Fox News, Forbes, @nicoperrino, @jordanonrecord, @steve_vladeck, @sandeepvaheesan, @daphnehk, @mjs_dc, @ishapiro, @joshgerstein, @anupamchander, @jamescz19, @attorneynora, @bykatiebuehler, @neil_chilson, @willoremus, @sdkstl, @zephyrteachout, @thomas_a_berry, @jeffjarvis, @crumbler@threads.net, @jameeljaffer, @tracethelaw, @mjs_dc, @aricohn, @mjs_dc, @jess_miers, @pat_hedger, @zephyrteachout, @robpwj, @robertfreundlaw, @matthewstoller, Media Play News, Politico and Semafor, more at Techmeme »

BlackRock has agreed to buy Preqin, a UK-based provider of private markets data, for £2.55B in cash — The acquisition deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets, and also expands its Aladdin technology systems …
Discussion:
Observer, Financial Times, Solondais, The Information and Paula Seligson on LinkedIn, more at Techmeme »

Sesame Workshop, the non-profit that produces Sesame Street, names Sherrie Westin as its new CEO, as it plans to “reimagine” Sesame Street starting in fall 2025 — The non-profit that produces ‘Sesame Street’ will have its first female CEO since the show's creator, Joan Ganz Cooney.
Discussion:
The Wrap, Variety, Current and TVNewsCheck

The two California bills to help fund local journalism would penalize Google and Meta for news' decline and benefit hedge funds that are destroying newspapers — There is still hope that California's perilous, protectionist legislation for news could be reformed, but not without effort.
Discussion:
@jeffjarvis