Top News:

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:
Associated Press, Forbes, Deadline, CNBC and Benzinga, more at Techmeme »
RELATED:
Amazon Inc.:
Amazon Q3: revenue up 11% YoY to $158.9B, a $15.3B net income vs. $9.9B in Q3 2023, a $17.4B operating income vs. $11.2B in Q3 2023; AMZN jumps 5%+ after hours — Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024.
Discussion:
GeekWire and Cord Cutters News, more at Techmeme »

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, Benzinga, Quartz, The Information, Media Play News, Yahoo Finance and GeekWire, more at Techmeme »

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, Sewell Chan on LinkedIn, @nypoet, @tvgrimreaper, @glastris, @ckrewson, @froomkin, @mediaevan, @dicktofel, @mikeelk, @margotroosevelt, Newser, Harrie Vredenburg on LinkedIn, @ddimick, @lenfestinst, @rich1, @stevenwaldman, Lauren Gustus on LinkedIn, Hard-G History, @kegill@mastodon.social, Chris Rauber on LinkedIn, @heidilifeldman@mastodon …, Semafor and r/Journalism
RELATED:

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

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:
Fast Company, Wall Street Journal, StreamTV Insider, Variety, New York Post, Jessica Toonkel on LinkedIn, TVNewsCheck, Tv Technology, New York Times, Radio Ink, The Hollywood Reporter, MediaPost, @acrostical.bsky.social, @bristei, Adweek, Axios, WORLD SCREEN, Advanced Television and CNBC
RELATED:

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, The Desk, The Wrap, Benzinga, Media Play News, The Streamable, Cord Cutters News, IndieWire, Streaming Better and Variety
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
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:
9to5Mac, Motley Fool, MediaPost, Sportico, Light Reading, Cord Cutters News, Tv Technology, Bloomberg, The Information, The Streamable, Reuters and Barron's Online

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:
Adweek, Reuters, Fast Company, TechCrunch, Associated Press, Gizmodo, Yahoo Finance, MarTech, Eric Herbel on LinkedIn, VentureBeat, The Information, Forbes, GeekWire, Quartz, CNBC, Wired and Ars Technica, more at Techmeme »
RELATED:
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
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:
Fast Company, Digital Trends, Android Authority, 9to5Mac, BGR, Engadget, Financial Times, The Verge, Android Authority, Search Engine Land, VentureBeat, 9to5Google and DNyuz, more at Techmeme »

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

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.

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 …

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. — Apple missed Wall Street earnings forecasts, as smartphone revenue — including sales of its new AI-enabled iPhone 16 …
Discussion:
New York Times, The Information, Quartz, Media Play News, @lexnfx, @lexnfx, Apple Inc. and The Hollywood Reporter, more at Techmeme »

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.

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 »