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11:45 AM ET, April 5, 2025

Mediagazer

 Top News: 
Jonathan Vanian / CNBC:
Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed”  —  President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations …
Axios:
Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years  —  G/O Media has sold business news brand Quartz and commerce site The Inventory to Canadian software firm Redbrick, Axios has learned.
Ella Creamer / The Guardian:
A judicial panel consolidates 12 copyright cases against OpenAI and Microsoft in New York, including cases from Ta-Nehisi Coates, John Grisham, and the NYT  —  California cases over AI trainers' use of work by writers including Ta-Nehisi Coates and Michael Chabon transferred to consolidate …
Ashton Pittman / Mississippi Free Press:
A judge dismisses former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today; Bryant sued in 2023 over reporting about a welfare scandal  —  A judge has dismissed former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today …
Todd Spangler / Variety:
Stock declines for major media companies on Friday included WBD, down 11.9%, Roku, 8.3%, Apple, 7.3%, Netflix, 6.7%, Disney, 6%, and Amazon, 4.2%  —  Amid steep losses, U.S. president says ‘my policies will never change’  —  Stocks dropped sharply for a second day — with U.S. stock markets setting …
Amanda Silberling / TechCrunch:
Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will start appearing on Facebook, Threads, and Instagram  —  Meta will no longer have any fact-checkers in the U.S. come Monday, according to chief global affairs officer Joel Kaplan.
Michael M. Grynbaum / New York Times:
Amid the worst stock market sell-off since the 2020 pandemic, Fox News has projected a conspicuous calm and temporarily dropped its onscreen stock ticker  —  There is no onscreen stock ticker.  One anchor reassured viewers that “President Trump is keeping another campaign promise.”
Aisha Malik / TechCrunch:
Amazon debuts a Kindle Recaps feature that uses generative AI and moderators to create short recaps “that accurately reflect” the content of books in a series  —  Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series.
Arpan Chaturvedi / Reuters:
An Indian court orders Wikimedia to remove statements about news agency ANI facing criticism for being a government propaganda tool from a Wikipedia page  —  The operator of Wikipedia has been ordered to remove statements deemed defamatory by an Indian court from the page of a domestic news agency it hosts …
 
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 More News: 
The Hollywood Reporter:
How Wall Street's pressure for growth, the demise of the traditional theatrical release window, and Hollywood's risk aversion are impacting studio executives
Discussion: The Ankler
Janko Roettgers / Lowpass:
In a new lawsuit, the trustee for Chicken Soup for the Soul Entertainment's bankruptcy case says ex-CEO Bill Rouhana neglected “the most basic corporate duties”
Discussion: Cord Cutters News
Agence France-Presse:
Radio Free Europe/Radio Liberty head Stephen Capus says the US government turned off satellite services that transmit its Russian-language program into Russia
 Earlier Picks: 
Adam Satariano / New York Times:
Sources: the EU is preparing to penalize X this summer for breaking the DSA, including via product change demands and a fine that a source says could be $1B+
Denise Petski / Deadline:
MTV's Video Music Awards will be broadcast on CBS for the first time this year; the show will simulcast on MTV and stream on Paramount+ on September 7
Taylor Lorenz / User Mag:
YouTube quietly removed “gender identity” from its hate speech policy after President Trump took office; Google says enforcement of the policy hasn't changed
Yun Li / CNBC:
Newsmax shares fell 77.5% on Wednesday after a 2,230% surge in its first two days on the NYSE; NMAX rose 5%+ on Thursday
 

 
From Techmeme:

Ashley Gold / Axios:
New York Gov. Kathy Hochul signs the RAISE Act into law; the AI safety bill's text was modified earlier to more closely resemble California's SB 53

Beatrice Nolan / Fortune:
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product

Andrej Karpathy / karpathy:
2025 LLM Year in Review: shift toward RLVR, Claude Code emerged as the first convincing example of an LLM agent, Nano Banana was paradigm shifting, and more
 
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