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11:25 PM ET, October 3, 2024

Mediagazer

 Top News: 
Amanda Meade / The Guardian:
A study finds Australia has the second-highest media concentration in the world after Brazil; in the newspaper sector, four companies control 84% of the market  —  Google and Meta should fund traditional public interest journalism, a new international study reports
Emma Roth / The Verge:
Google rolls out ads in AI Overviews when a user's question has a “commercial angle”, and identifies the ads with a “sponsored” header, on mobile in the US  —  Google is rolling out ads in AI Overviews, which means you'll now start seeing products in some of the search engine's AI-generated summaries.
RELATED:
Kyle Wiggers / TechCrunch:
Google rolls out AI-organized Search results in the US on mobile, showing users AI-aggregated pages of content from forums, articles, YouTube videos, and more  —  Google will begin to show ads in AI Overviews, the AI-generated summaries it supplies for certain Google Search queries …
CNN:
Melania Trump's book publisher asked CNN to sign an NDA and pay $250K to interview her, but then called the request a “miscommunication”  —  Nearly two months ago, CNN reached out to Melania Trump's book publisher to request an interview with the former first lady ahead of her upcoming memoir.
Martyn Ziegler / The Times:
Reuters withdraws two stories on the World Anti-Doping Agency after it was found that WADA's media head received a Reuters press pass for the Masters golf event  —  World Anti-Doping Agency media chief James Fitzgerald accredited for golf event via Reuters, who have admitted to ‘a violation of our journalistic standards’
Ivan Mehta / TechCrunch:
Spotify launches Offline Backup, which automatically makes recently streamed and now playing queued songs available as an offline playlist for Premium users  —  Spotify introduced a new feature today called Offline Backup.  This feature for premium users is essentially a list of songs …
Sarah Perez / TechCrunch:
YouTube unveils Shorts updates, including letting creators upload three-minute videos, updating the Shorts player, introducing templates, and a new trends page  —  YouTube on Thursday announced a series of updates for its short-form video product, YouTube Shorts.
Sara Fischer / Axios:
A look at James McDonald's Access Global, which has bought seven local news sites and launched eight in Philadelphia and on the Jersey Shore over the last year  —  McDonald thinks there's a viable business model for hyper-local sites if they're tied to coverage from a broader region or city.
Akash Sriram / Reuters:
Thomson Reuters agrees to sell FindLaw, which provides legal information, to Internet Brands, which owns WebMD and more, in a deal expected to close in Q4 2024  —  Thomson Reuters (TRI.TO), (TRI.N) said on Thursday that it was selling its FindLaw business to Internet Brands.
Discussion: Thomson Reuters
Sam Gutelle / Tubefilter:
Meta streamlines monetization for Facebook creators by merging programs for in-stream ads, Reels ads, and performance bonuses into one invite-only beta program  —  Facebook creators have multiple monetization options to choose from, and Meta is now uniting its revenue streams within a single, centralized program.
Discussion: Meta, PetaPixel, TechCrunch, Digiday and Engadget
 
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 More News: 
Patrick Frater / Variety:
Samsung TV Plus adds about 4,000 hours of ad-supported, free-to-stream Korean shows and movies, following deals with CJ ENM and others
Reuters:
Tanzania suspends the digital content licenses of a local media company for 30 days for allegedly publishing content damaging the country's image
Discussion: BBC and The Guardian
Ben Strauss / Washington Post:
After reporter Christine Brennan asked a WNBA player a question the latter saw as race baiting, the players association says she doesn't “deserve” credentials
 Earlier Picks: 
Matthew Weaver / The Guardian:
The BBC cancels a planned Boris Johnson interview after presenter Laura Kuenssberg says she accidentally sent the former UK prime minister her briefing notes
Ivan Mehta / TechCrunch:
WP Engine files a lawsuit in California against Automattic and WordPress co-founder Matt Mullenweg, accusing them of “abuse of power, extortion, and greed”
Angela Fu / Poynter:
Journalists in western North Carolina hustled to cover Hurricane Helene's aftermath with sparse internet access, and radio broadcasts became crucial connectors
 

 
From Techmeme:

Bhanvi Satija / Reuters:
Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+

John Gruber / Daring Fireball:
By previewing smarter Siri vaporware at WWDC and the iPhone 16 launch, Apple burned a reputation earned over decades for only promising actual working products

Nick Huber / Financial Times:
A look at UK-based startup accelerator Founders Factory, which has invested in 300+ startups; KPMG says UK VC funding fell from $20B in 2023 to $15B in 2024

 
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