Top News:
Sara Fischer / Axios:
X CEO Linda Yaccarino says that “after two incredible years, I've decided to step down”; X hired Yaccarino in June 2023 after she ran NBCUniversal's ad business — X CEO Linda Yaccarino said Wednesday she is stepping down from her role. … - Under her leadership …
Discussion:
@lindayax, The Guardian, @elonmusk, NPR, CBS News, Salon, The Daily Upside, The Free Press, Verdict, HuffPost, @kylebrussell, 9News, The Hollywood Reporter, Breitbart, @bristei, @kantrowitz, @jakesherman, @0xkrma, Adweek, Mediaite, Wall Street Journal, @unclecranky.bsky.social, Business Insider, @msderohanes.bsky.social, @apeemoji.bsky.social, @siltyloam.bsky.social, @chilangolandia.bsky.social, @timprice.bsky.social, @alradley.com, @clayranck.bsky.social, PCMag, @thanksihateit603.bsky.social, Robert Rose on LinkedIn, Fortune, Futurism, Crypto Briefing, @leftwingbarner.bsky.social, Fast Company, @murderwizard.bsky.social, Lauren Brewster on LinkedIn, Raw Story, @shannonisblue.bsky.social, The Daily Caller, @dancow.bsky.social, TMZ.com, Fortune India, BelfastTelegraph.co.uk, New York Daily News, NDTV Profit, @hwtunnt.bsky.social, @edwardodell.bsky.social, @champagnevideo.bsky.social, @filmmakerjulie.bsky.social, Telegraph, Moneycontrol, @cassiuskent.bsky.social, Business Standard, Fox Business, TESLARATI, Politico, NewsMax.com, MSNBC, Newser, @kevinwardrop.nitemayr.com, @bayareadata.press, Mirror, @thegrimrecapper.bsky.social, The Indian Express, Wall Street Journal, @ryancasey.dev, @lauralupardus.bsky.social, @jazwgn.bsky.social, BBC, @trosen76.bsky.social, Washington Post, @warriorrabbit.bsky.social, @bgrueskin.bsky.social, @markgongloff.bsky.social, @malwarejake.bsky.social, @noahdahl.bsky.social, @r.v.cx, @malwarejake.bsky.social, @dceiver.bsky.social, @sonicherosfan.bsky.social, Associated Press, @electproject.bsky.social, @gaius.bsky.social, Bloomberg, TechCrunch, @jacobharr.is, @whitesided.bsky.social, @brendelbored.bsky.social, @mama-roxy.bsky.social, @eddierobson.bsky.social, New York Post, @boldroastrev.bsky.social, CNN, @nycsouthpaw.bsky.social, Reuters, @jarjour.bsky.social, @sighjinks.bsky.social, @markellinwood.bsky.social, @evilgalprods.bsky.social, @revdjesq.bsky.social, CNBC, @emily.gorcen.ski, @pjsauer.bsky.social, @peebsy0.bsky.social, @carlnyberg312.bsky.social, @paretooptimizer.bsky.social, The Wrap, @erikhane.bsky.social, @karlbode.com, @mobute.bsky.social, @stupidlikeafox.bsky.social, @johnvoelcker.bsky.social, @veryimportant.lawyer, @hammancheez.bsky.social, @dankennedy.net, @garethwatkins.bsky.social, @niedermeyer.online, @joshsternberg.com, Digiday, MacDailyNews, The Hill and Sherwood News, more at Techmeme »
RELATED:
New York Times:
Sources: Linda Yaccarino had discussed with X employees her plans to leave the company earlier this week, before Grok's antisemitic replies — Linda Yaccarino, whom Elon Musk hired to run X in 2023, grappled with the challenges the company faced after Mr. Musk took over.
Discussion:
Variety, NPR, Poynter, TechSpot, TechIssuesToday.com, ABC, Social Media Today, Silicon Republic, Rolling Stone, TheDesk.net, CBC News, One America News Network, The Information, New York Magazine, Neowin, 9to5Mac, Futurism, @rmac.bsky.social, NextDraft, @joshsternberg.com, Decrypt, theJasmineBRAND, Newsweek, SFist, Entrepreneur, WinBuzzer, Reuters, Digital CxO, Mother Jones, The Verge, @clarajeffery.bsky.social, Fast Company, Digit, Cryptopolitan, Ars Technica, Los Angeles Times, Irish Independent, The Week, @mariopro.bsky.social, Washington Examiner, Jeremy Goldman on LinkedIn, Kotaku, Mediaite, implicator.ai, CNN, TechCrunch, ZeroHedge News, @rileytestut@mastodon.social, @ryanlcooper.com, @igb@mastodon.hccp.org, PC Gamer, NBC News, Inside Bitcoins, Bloomberg, CNBC, @thedextriarchy.bsky.social, Daily Sabah, Grabien, @mattnavarra.com, Deadline, HuffPost and The Daily Wire, more at Techmeme »
Wall Street Journal:
Sources: Linda Yaccarino told close contacts that the return of some advertisers and X's merger with xAI, which reduced her role, made it a good time to depart — The X CEO stabilized the social-media company's ad business, but contended with an erratic boss and pressure to move faster
Discussion:
The Guardian, TVNewsCheck, Adweek, Axios, Bloomberg, The Economic Times, TheStreet, Business Insider, Straight Arrow News, The Economist, TechCrunch, Plain Dealer, Le Monde, San Francisco Chronicle, The Information, The American Bazaar, Rolling Stone, New York Daily News, Reuters and New Republic
Financial Times:
Investor letter: US newsroom-cum-hedge fund Hunterbrook Global is valued at $100M after new funding, which a source says will go toward expanding its newsroom — Novel investment firm that trades off its reporters' scoops raises fresh capital and plans move into litigation
Camille Bromley / Columbia Journalism Review:
Q&A with Megan Greenwell, author of Bad Company, a book on PE firms' impact on media and other industries, on unionization efforts, nonprofit outlets, and more — A conversation with the author of Bad Company. — In 2019, Megan Greenwell was the editor in chief of Deadspin …
Discussion:
@chameauleon.bsky.social, @stevemullis.net and @genelewisperry.bsky.social
Jessica Davies / Digiday:
Condé Nast and Hearst sign multi-year agreements with Amazon to license their content for use in Amazon's AI shopping assistant Rufus — Condé Nast and Hearst have signed multi-year agreements with Amazon to license their content for use in its AI shopping assistant Rufus.
Mark Stenberg / Adweek:
World of Good Brands, formerly Leaf Group, shuts down after owner Graham Holdings sold off its last three titles; Graham Holdings acquired it in 2021 for $323M — The closure represents the end of the digital media company once known as Demand Media. — Digital media company World …
Discussion:
Simon Owens's Media Newsletter, @markstenberg3, Business Wire and @simonowens.bsky.social
Danielle Broadway / Reuters:
SAG-AFTRA says Hollywood video game voice and motion capture actors signed a new contract with game studios, including AI protections like consent requirements — Hollywood video game voice and motion capture actors signed a new contract with video game studios on Wednesday with a focus …
Benoit Berthelot / Bloomberg:
WPP names Microsoft Global Enterprise COO Cindy Rose as CEO, effective September 1, succeeding Mark Read; Rose has been on WPP's board since 2019 — Rose, 59, will take on the role leading the advertising group beginning Sept. 1, the company said in a statement on Thursday.
Discussion:
TVNewsCheck, Ad Age, Adweek, Reuters, WPP, Wall Street Journal, The Guardian, WPP on LinkedIn, Victoria Fox on LinkedIn, Garett Sloane on LinkedIn, City AM on LinkedIn, Danny Rogers on LinkedIn, BMI, PRovoke Media, BusinessCloud, Mediaweek, Mumbrella, Financial Times, The Standard, The Drum, Morningstar, Inc., The Independent, MediaNews4U, Cindy Rose OBE on LinkedIn, PR Week UK and campaignlive.co.uk
Will Potter / Rolling Stone:
A book excerpt details how the US animal agriculture industry helped create “ag-gag” laws criminalizing undercover journalism exposing factory farm abuses — An excerpt from “Little Red Barns: Hiding the Truth, from Farm to Fable” reveals how the animal agriculture industry created a new model of repression
Matt Smith / Press Gazette:
An interview with Judd Legum about his Substack Popular Information, which has three reporting staff and 20K+ paying subs, with an estimated $1M+ annual revenue — Judd Legum, who runs one of the top US politics paid newsletters, says his journalism and much of what appears on Substack …
Discussion:
@simonowens and The Warning with Steve Schmidt
Rebecca Keegan / The Hollywood Reporter:
A look at celebrity impersonation scams and the steps taken by Hollywood to combat them, including a likeness management tool CAA is developing with YouTube — Victims think they're talking to Keanu Reeves. Or Kevin Costner. Then come the pleas for cash.
Discussion:
Oh No They Didn't!, @akelacooper.bsky.social, @davidblue.bsky.social and Dexerto
