Top News:
Annie Palmer / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.5B and AWS operating income of $10.4B, up from $7B in Q3 2023, and subscription sales up 11% to $11.3B — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices
Discussion:
The Wrap, Fortune, GeekWire, Benzinga, Capital Brief, The Information, Yahoo Finance and Media Play News, more at Techmeme »
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Jennifer Maas / Variety:
Amazon reports Q3 ad revenue up 19% YoY to $14.33B, vs. $14.25B estimated, amid the company's push to insert ads into Prime Video — Amazon reported its third-quarter 2024 earnings, revealing ad sales rose 19% year over year amid the company's push to insert ads into Prime Video.
Discussion:
MediaPost, WWD, Associated Press, Forbes, CNBC, Deadline and Benzinga, more at Techmeme »
Steven Waldman / Columbia Journalism Review:
Jeff Bezos should donate The Washington Post to a public charity that maintains its quality and independence, as he is too financially compromised to own it — His conflicts of interests are insurmountable. He can take a heroic path to strengthen journalism.
Discussion:
Washington Post, Emi Kolawole on LinkedIn, Sewell Chan on LinkedIn, @wdlindsy@toad.social, @tvgrimreaper, Newser, Harrie Vredenburg on LinkedIn, @nypoet, @mikeelk, @ddimick, @froomkin, @mediaevan, @dicktofel, @glastris, @lenfestinst, @margotroosevelt, @rich1, @stevenwaldman, @ckrewson, Lauren Gustus on LinkedIn, Hard-G History, Evan Benn on LinkedIn, @kegill@mastodon.social, Chris Rauber on LinkedIn, @heidilifeldman@mastodon …, Nieman Lab, NPR and r/Journalism
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Oliver Darcy / Status:
Sources: potential buyers line up in case Jeff Bezos ever sells WaPo, including Kara Swisher, who would assemble investors and seek to merge it with Vox Media — Potential suitors for The Washington Post are eagerly positioning themselves, waiting for the day in which Jeff Bezos might choose …
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google — The new option will let the chatbot's users search for timely information much as they would on the web.
Discussion:
MediaPost, Adweek, Reuters, Associated Press, Digital Trends, Gizmodo, Yahoo Finance, Forbes, GeekWire, Quartz, The Information, TechCrunch, VentureBeat, Ars Technica, Wired, CNBC, Fast Company, BGR, 9to5Google, MarTech and Eric Herbel on LinkedIn, more at Techmeme »
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Gerrit De Vynck / Washington Post:
OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters
Discussion:
CNET, Android Authority, Fast Company, Search Engine Land, VentureBeat, Engadget, 9to5Mac, The Verge, DNyuz, Android Authority and Financial Times, more at Techmeme »
Dade Hayes / Deadline:
In its Q3 earnings call, Comcast CEO Mike Cavanagh says the company is weighing spinning off its cable networks and open to “partnerships in streaming” — Comcast President Mike Cavanagh delivered an eye-opening update to investors on this morning's third-quarter earnings call …
Discussion:
StreamTV Insider, Wall Street Journal, Fast Company, Los Angeles Times, New York Times, The Hollywood Reporter, @rfaughnder, Variety, Jessica Toonkel on LinkedIn, Tv Technology, New York Post, @bristei, Adweek, MediaPost, @acrostical.bsky.social, Axios, Radio Ink, TVNewsCheck, WORLD SCREEN, Advanced Television and CNBC
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Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock's Q3 losses fell to $436M, down from $565M in Q3 2023, revenue rose 82% YoY to $1.5B, and subscribers rose 3M from June to 36M
Discussion:
TVNewsCheck, Deadline, Variety, IndieWire, Benzinga, Media Play News, Cord Cutters News, The Desk, Streaming Better, The Wrap and The Streamable
Lillian Rizzo / CNBC:
Comcast reports Q3 net income down 10% YoY to $3.63B and revenue up 6.5% YoY to $32.07B; revenue for media, mainly composed of NBCU, rose 37% YoY to $8.23B
Discussion:
Quartz, 9to5Mac, Cord Cutters News, Light Reading, Motley Fool, Tv Technology, Sportico, The Information, MediaPost, The Streamable, Bloomberg, Barron's Online and Reuters, more at Techmeme »
ProPublica:
An investigation finds eight deceptive operations on Meta's platforms that collectively controlled 340+ Pages and placed 160K ads to collect users' information — Co-published with Tow Center for Digital Journalism — Deceptive Political Ads: Eight deceptive advertising networks …
Dominick Mastrangelo / The Hill:
Trump sues CBS News in a Texas court, claiming CBS engaged in election interference “through malicious, deceptive” editing of its 60 Minutes Harris interview — Former President Trump is suing CBS News over a “60 Minutes” interview it broadcast with Vice President Harris earlier …
Discussion:
The Wrap, Washington Post, Deadline, Metro.co.uk, @ArmyGirl@mastodon.world, Le·gal In·sur·rec·tion, The Gateway Pundit, Townhall, Daily Mail, @ncweaver.skerry-tech.com, @mmasnick.bsky.social, Axios, RedState, @emptywheel, @joshuaadouglas, @tomryanlaw, @binarybits, @doriandavis, @cahnemily, @reichlinmelnick, @emptywheel, @ericcolumbus, The Independent, Financial Times, Reuters, Blaze Media, The Daily Signal, New York Post and CBS News
Washington Post:
Analysis: 26 prominent podcasts have amplified unfounded claims about the integrity of the 2024 US election, in a format challenging for researchers to monitor — Claims aired on the free-flowing and beloved medium could undercut trust in the results of a razor-tight election, experts say.
Nico Grant / New York Times:
Media Matters: from May to August 2024, the top 30 conservative YouTube channels posted 286 videos containing US election misinformation, racking up 47M+ views — In June 2023, YouTube decided to stop fighting the most persistent strain of election misinformation in the United States …
Discussion:
Reclaim The Net and Media Matters for America, more at Techmeme »
Kali Hays / Fortune:
Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff — Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs
John O'Nolan:
Ghost's CEO details the organization's governance structure and says the open-source CMS generates ~$7.5M in annual revenue and has been profitable for 12 years — Ghost is a distributed non-profit foundation which gives away all of its intellectual property under a permissive MIT license.
@baltsunguild:
The Baltimore Sun Guild's news members plan a byline strike November 3-10, citing sliding journalistic standards and union-busting proposals from management — NEW: The Baltimore Sun Guild's news members are launching a seven-day byline strike, from Nov. 3 to Nov. 10, including Election Day, citing sliding journalistic standards and union-busting proposals raised by management at the bargaining table. [image]
Discussion:
@baltsunguild and r/Journalism
Todd Spangler / Variety:
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est. — iPhone sales tick up 5.5% in September quarter, above analyst forecasts … The company reported revenue of $94.93 billion …
Discussion:
@bloombergtv, Media Play News, @lexnfx, @lexnfx, Apple Inc. and The Hollywood Reporter, more at Techmeme »
Dominic Ponsford / Press Gazette:
Guardian Media Group CEO Anna Bateson shares details of Tortoise Media's bid for The Observer and says “difficult decisions” are ahead if the deal falls through — Anna Bateson says Observer is loss-making but has chance to be sustainable with Tortoise.
Discussion:
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