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4:10 AM ET, November 20, 2024

Mediagazer

 Top News: 
Amol Sharma / Wall Street Journal:
Sources: Comcast plans to announce Wednesday that it will be spinning off its NBCUniversal cable TV networks including MSNBC and CNBC, with Mark Lazarus as CEO  —  New venture will house channels like E!, USA and MSNBC; company to announce several leadership changes
Kanis Leung / Associated Press:
Apple Daily founder Jimmy Lai testifies for the first time in his years-long national security trial; he is already serving a jail term for a fraud conviction  —  Former Hong Kong publisher Jimmy Lai began testifying Wednesday in his landmark national security trial that is widely seen …
Sarah Perez / TechCrunch:
Bluesky says it now has 20M+ users after hitting 15M on November 13, and the app has been #1 in the US App Store since November 13, per Appfigures  —  Bluesky, the social network and X competitor has been benefiting from a surge of departures from the Elon Musk-owned app formerly known as Twitter.
RELATED:
Ted Johnson / Deadline:
Brendan Carr says Trump's complaint over a 60 Minutes interview with Kamala Harris is “likely to arise” in the FCC's review of the Skydance-Paramount deal  —  In an interview with Fox News' America's Newsroom, Carr said, “Broadcasters are differently situated to other speakers.
Sean Burch / The Wrap:
In a statement, Jay Penske says The Hollywood Reporter has replaced co-EIC Nekesa Mumbi Moody with Shirley Halperin, following staff cuts in June and August  —  Halperin recently resigned as editor of Los Angeles Magazine  —  The Hollywood Reporter replaced co-editor-in-chief Nekesa Mumbi Moody …
RELATED:
Aaron Katersky / ABC News:
Filing: Alex Jones asks a judge to halt the sale of Infowars; a company affiliated with him, which was the losing bidder, seeks to disqualify The Onion's bid
Drew Harwell / Washington Post:
Trump Media now has a ~$7B market cap despite struggling to build a profitable revenue stream; Similarweb says site visits fell 20% MoM to 10M in October 2024  —  Trump Media & Technology Group's revenue and share price have sagged as its losses have piled up.
Sophie Culpepper / Nieman Lab:
A profile of The Green Line, a Toronto-based local news site that combines traditional reporting, community events, and solutions and action  —  The Green Line combines events, explainers, and solutions to appeal to young Torontonians.  —  Toronto-based local news site The Green Line …
Winston Cho / The Hollywood Reporter:
A lawsuit against Netflix and Meta claims the two made a deal where Meta scaled back original video programming in trade for Netflix data and ad spending  —  The proposed class action points to Meta's streaming ambitions with Facebook Watch, whose original programming division shuttered last year.
Bloomberg:
Source: Microsoft signs a deal with News Corp's HarperCollins to use nonfiction titles to train an unannounced AI model; HarperCollins says authors can opt out  —  - Nonfiction books will be used for training AI models  — AI companies and publishers have butted heads in lawsuits
 
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 More News: 
Dave Lawler / Axios:
Trump picks TV personality and 2022 US Senate candidate Dr. Mehmet Oz to serve as the administrator for the Centers for Medicare and Medicaid Services
Charlotte Klein / New York Magazine:
Sources detail continued financial losses at WaPo, internal competition for the top newsroom job, and staff dissatisfaction with a new return-to-office policy
 Earlier Picks: 
Brian Stelter / CNN:
Sources: MSNBC's Morning Joe meeting with Trump was driven by fears of retribution from the incoming administration, including governmental and legal harassment
Ivan Mehta / TechCrunch:
Amazon says Amazon Music Unlimited subscribers in the US, the UK, and Canada can now listen to one audiobook per month from Audible's catalog for free
Karissa Bell / Engadget:
Instagram says it is testing letting users reset the algorithmic suggestions that power Feed, Reels, and Explore, and the update “will soon roll out globally”
Press Gazette:
UK news agency SWNS, based in Bristol with 50 reporters, photographers, editors, and others that provide content to The Sun and more, plans a US expansion
Brooke Singman / Fox News:
Trump says it is “vital” to have a “free, fair, and open media” and he has “an obligation” to be “open and available to the press”
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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