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4:10 AM ET, December 16, 2024

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 Top News: 
Associated Press:
ABC News apologizes and will give $15M to Trump's presidential library to settle a lawsuit over George Stephanopoulos' comments about Trump and E. Jean Carroll  —  ABC News has agreed to pay $15 million toward Donald Trump's presidential library to settle a lawsuit over anchor George …
Discussion: New York Times, The Hill, Fox News, ABC News, Townhall, Daily Mail, @marceelias, The Ankler, The Hollywood Reporter, Semafor, @mjiyq2623.bsky.social, People, Exposing the role …, @marcelias.bsky.social, @yashar, Vanity Fair, @mehdirhasan.bsky.social, The Independent, Hollywood Life, No More Mister Nice Blog, Raw Story, @artcandee.bsky.social, Mother Jones, @markzaidesq.bsky.social, New York Post, UPI, @mollyjongfast.bsky.social, Newser, The Moderate Voice, The Federalist, @ajbauer.bsky.social, Digby's Hullabaloo, CNN, @grynbaum, Al Jazeera, Mediaite, @brianstelter, @brianstelter, @bristei, The Gateway Pundit, @billkristol, @ggreenwald, @jamesrbuk, @farhip, @jeffjarvis, @qurwin1890, @brianstelter, @brianstelter, @joshgerstein, @brianstelter, @bristei, @brianstelter, @deggans, @brianstelter, @grynbaum, Wall Street Journal, HotAir, Associated Press, HELLO!, Washington Post, Reason, @dearlstephens.bsky.social, @cristianfarias.com, Sun-Sentinel, @firstconsul.bsky.social, Cord Cutters News, What's Up Today, Financial Times, @jonorlin.bsky.social, Rolling Stone, One America News Network, NBC Bay Area, The Wrap, @wildpalmsltd.bsky.social, Breitbart, WTTG-TV, TVLine, TMZ.com, The Desk, @normeisen.bsky.social, WSVN-TV, @jeffreybillman.bsky.social, Forbes, ZeroHedge News, New York Daily News, @arkla.bsky.social, Bloomberg, Variety, Le·gal In·sur·rec·tion, Reuters, The National Pulse, Washington Examiner, @davelee.me, @drbecksouthers.bsky.social, @justinbaragona.bsky.social, Law & Crime, Greek City Times, @filipecampante.bsky.social, @joycewhitevance.bsky.social, RedState, The Wrap, @kyledcheney.bsky.social, Washington Times, Twitchy, Politico, Business Insider, Deadline, CBS News, Newsbusters, Lawyers, Guns & Money, Political Wire, Just Jared, The Post Millennial and Alternet.org
Mark Caro / Local News Initiative:
A deep look at the emergence of local news startups in Massachusetts, as some “ghost newspapers” owned by Gannett still publish but without original reporting  —  PLYMOUTH, Mass. - Mark Pothier was wrapping up the young-adult phase of his music career, including a 1983 stint …
James Rainey / Los Angeles Times:
An interview with Patrick Soon-Shiong, who has spent ~$1B on the LA Times, on his non-endorsement in the presidential race, adding a “bias meter”, and more  —  Patrick Soon-Shiong had become accustomed to making the news.  —  He was the doctor and medical technology innovator …
Suzanne Vranica / Wall Street Journal:
Ad giants Omnicom and Interpublic's merger shows how the industry is preparing for an AI-driven upheaval, which is squeezing out creative talent  —  Two advertisers are combining into a $30 billion behemoth to harness the data, tech and AI expertise now dominating Madison Avenue—and all the marketing you see
Jemima Kelly / Financial Times:
The success of independent, politically moderate podcasts shows listeners are tired of an artificial, scripted, carefully stage-managed version of reality  —  Lo-fi, unpolished performances have become more popular than carefully stage-managed versions of reality
John Towfighi / CNN:
How Sony turned itself around by innovating its games business beyond consoles and making acquisitions to expand its IP and original entertainment content  —  The last time Sony was worth this much on the stock market, Bill Clinton was president and the PlayStation 2 was about to debut on American store shelves.
Discussion: Screen Rant
Fortesa Latifi / Teen Vogue:
A look at TikTok's teen mom content creators, who share their pregnancies and lives as young parents, making six-figure incomes in some cases  —  When MariClare MacLamroc got pregnant at 15, her world changed.  “My life was limited,” she remembers.  When she started sharing content …
Mel Ottenberg / Interview Magazine:
Q&A with New York Magazine EIC David Haskell on Olivia Nuzzi, optimism in the media business, print's power, how journalists traffic in secrets, and more  —  New York magazine's editor-in-chief David Haskell takes a lunch break to talk publishing, politics, and TikTok lines with Interview's own Mel Ottenberg.
Jakob Rodgers / Mercury News:
Suchir Balaji, a former OpenAI researcher who accused the company of copyright violations in October, was found dead by suicide on November 26 in San Francisco  —  Suchir Balaji, 26, claimed the company broke copyright law  —  SAN FRANCISCO — A former OpenAI researcher known for whistleblowing …
Graham Fraser / BBC:
The BBC complains to Apple after Apple Intelligence's notification summary falsely suggested the BBC had published an article saying Luigi Mangione shot himself  —  The BBC has complained to Apple after the tech giant's new iPhone feature generated a false headline about a high-profile murder in the United States.
 
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 More News: 
Reshmi Basu / Bloomberg:
Sources: Sinclair is in talks with lenders to raise $1B+ in new financing to pay down debt; the broadcaster is expected to refinance a $1.2B loan due in 2026
Devan Cole / CNN:
A US appeals court declines to temporarily block a ban on TikTok; TikTok had indicated it would ask SCOTUS to step in on an emergency basis to block the law
 Earlier Picks: 
MacArthur Foundation:
The MacArthur Foundation announces $20M in grants in its effort to revitalize local news, including $2.275M to Tiny News Collective and $4M to LION Publishers
Ashley Carman / Bloomberg:
Sources: Kara Swisher and Scott Galloway seek up to eight figures from new partners, possibly CNN, for Pivot and other podcasts; their Vox deal ends in 2025
Alex Weprin / The Hollywood Reporter:
Warner Bros. Discovery has decided not to renew its deal for new episodes of Sesame Street, though it will continue licensing library episodes through 2027
Natasha Lomas / TechCrunch:
The EU finds it breached its own privacy rules in a 2023 ad campaign on X that intended to sway opinion for a proposal to force messaging apps to scan for CSAM
Ben Mullin / @benmullin:
Memo: Chuck Lane, deputy opinion editor for The Washington Post, is leaving the newspaper after 24 years to join The Free Press
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors
 
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