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11:50 AM ET, January 19, 2025

Mediagazer

 Top News: 
NBC News:
ByteDance's TikTok and CapCut suspend service in the US, telling users “Trump has indicated that he will work with us on a solution to reinstate TikTok”  —  Users reported being unable to access TikTok Saturday after a pop-up message from the company came up on their screens saying “a law banning TikTok has been enacted.”
RELATED:
Avery Lotz / Axios:
Donald Trump says he will sign an EO on Monday to delay enforcing the TikTok ban and argues for a TikTok JV with 50% US ownership  —  President-elect Trump said he will sign an executive order Monday to delay enforcing the U.S. ban on TikTok, just hours after the popular app went dark,
Ana Faguy / BBC:
The White House says TikTok's threat to shut down is a “stunt” as there is “no reason for TikTok or other companies to take actions” before Trump takes office  —  The White House has said a warning by TikTok it will shut down in the US on Sunday unless tech firms …
Jonathan Vanian / CNBC:
TikTok is not available for download in the App Store and Play Store in the US, as the app halts service in the country to comply with the divest-or-ban law  —  Apple and Google removed TikTok from their app stores Saturday night, complying with a law requiring China's ByteDance to divest …
Nitish Pahwa / Slate:
The messy TikTok saga in the US over the past five years has shown that lawmakers are as spineless and skittish as everyone suspects them to be  —  Well, that escalated slowly over the course of four years.  —  It is 2020.  The United States government threatens to forbid access …
RELATED:
Politico:
Congressional leaders seem flummoxed by the growing popularity of RedNote and Lemon8, an unintended consequence of the TikTok ban  —  The Chinese apps RedNote and Lemon8 have exploded in popularity as TikTok faces an imminent ban and the Supreme Court upheld the law forcing its sale.
Kevin Roose / New York Times:
As the TikTok eulogies pour in from some creators, very few Americans seem concerned that one of the nation's most popular social media apps will disappear
The Hollywood Reporter:
A look at efforts by Meta, YouTube, Snap, X, and Substack to attract TikTok's 170M US creators and users; Substack is offering a $25K “TikTok Liberation Prize”
Diana Moskovitz / Defector:
The Los Angeles fires showed that local news saves lives, and the US needs a nationwide effort to save local news  —  During the first week of the fires, I would go up to my building's roof once a day.  I'd look at the Los Angeles skyline at whatever shade of yellow-orange-brown muck the fires …
Daniel Thomas / Financial Times:
Britain's Independent Media Group secures over $700K for the next 18 months from the Gates Foundation to fund journalism in “under reported” parts of the world  —  It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the world
Michael Hirsh / Politico:
Q&A with Axel Springer CEO Mathias Döpfner about his new book Dealings with Dictators, democracies forming an alliance against autocracies, Trump, and more  —  In a new book, Axel Springer CEO Mathias Döpfner urges the U.S. and Europe to join together in a “Freedom Trade Alliance” …
Isaac Schorr / Mediaite:
Court documents show CNN's revenue dropped about $400M, or 18%, from 2021 to 2023; net income was $600M in 2021, $300M in 2022, and $400M in 2023  —  Shortly after a Florida jury found that CNN had defamed Navy veteran Zachary Young and awarded Young $5 million in damages on Friday …
RELATED:
Winston Cho / The Hollywood Reporter:
A Florida jury finds that CNN defamed a US Navy veteran in a 2021 report portraying him as illegally exploiting Afghans, awards the veteran $5M
 
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 More News: 
Wes Davis / The Verge:
Instagram now lets users upload Reels that are up to 3 minutes long, doubling the 90-second limit, as TikTok is set to go dark on Sunday
Discussion: The Indian Express and MacRumors
Matthew Belloni / Puck:
Netflix agrees to release Greta Gerwig's Narnia film in about 1,000 Imax theaters on Thanksgiving Day 2026 and to not stream it on Netflix until Christmas
 Earlier Picks: 
Wall Street Journal:
Sources: Paramount execs held internal talks about settling a Trump lawsuit over a CBS interview with Kamala Harris, to avoid Paramount/Skydance merger hurdles
 

 
From Techmeme:

Simon Willison / Simon Willison's Weblog:
DeepSeek releases MIT-licensed DeepSeek-V3-0324, the latest version of their enormous DeepSeek v3 model; the previous DeepSeek v3 version had a custom license

Chris Welch / The Verge:
Apple says the AirPods Max will get 24-bit, 48 kHz lossless audio, including Personalized Spatial Audio, and ultra‑low latency in April via a software update

Matthew Griffin / Bloomberg:
eToro files for an IPO, with plans to list on the Nasdaq, and reports 2024 revenue of $12.6B, about 96% of which was from cryptoassets, and net income of $192M

 
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