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4:25 PM ET, November 6, 2025

Mediagazer

 Top News: 
Jeff Horwitz / Reuters:
Docs: Meta projected in December 2024 that 10.1% of its 2024 revenue, or $16B, came from ads for scams and banned goods, including ~$7B from “higher risk” ads  —  Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.
RELATED:
Tony Maglio / The Hollywood Reporter:
ESPN announces DraftKings as the new sports betting partner for ESPN Bet, effective December 1 with a “full rollout expected in 2026”  —  That was a short-lived exit.  —  Remember when ESPN was exiting the online sports-betting business an hour ago?  Not anymore.
RELATED:
Christopher Palmeri / Bloomberg:
Disney and Penn Entertainment agree to end ESPN Bet on December 1, after failing to capture significant market share; they signed a 10-year, $2B deal in 2023
Max Tani / Semafor:
Sources: Condé Nast fired four staffers who were among a group of over a dozen that confronted its HR head over the Teen Vogue closure and other recent cuts  —  The Scoop  —  Condé Nast abruptly fired four staffers who were among a group of more than a dozen employees …
Sky News:
Investigation: X amplifies right-wing and extreme political content in the UK, as Elon Musk endorses fringe politicians and encourages nationalist sentiment  —  For nine months, Sky News' Data and Forensics team has been investigating whether X's algorithm amplifies right-wing and extreme content.
C.J. Robinson / Columbia Journalism Review:
Tow Center identifies eight X bot accounts that use X's AI Note Writer API to write between 5% to 10% of the Community Notes visible to the public each day  —  Eight AI bots contribute about 10 percent of the platform's “Community Notes.”  —  Last month, videos of the No Kings protests circulated online among extensive news coverage.
Aisha Malik / TechCrunch:
Meta launches Vibes, its short-form video feed of AI-generated videos, in Europe through the Meta AI app, following its US debut six weeks earlier  —  Meta announced on Thursday that Vibes, its short-form video feed of AI-generated videos, is launching in Europe in the Meta AI app.
Lawrence Bonk / Engadget:
Amazon is testing an AI tool called Kindle Translate that automatically translates books into other languages, for authors that self-publish on the platform  —  This is being advertised as a boon for authors who publish directly on the platform. … The appropriately-named Kindle Translate …
Daniel Thomas / Financial Times:
Sources: RedBird Capital taps Apollo to provide the debt for its £500M Telegraph takeover, ahead of a UK decision over whether to refer the deal to Ofcom  —  US buyer secures funding ahead of government decision on referring takeover to regulators  —  RedBird Capital Partners has lined …
Discussion: Telegraph and City A.M.
 
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 Earlier Picks: 
Alex Simon / SFGATE:
Apple's MLS broadcasts stand out for their graphics, on-site crews, and global audience focus, as one Apple exec says sports viewing currently “kind of sucks”
Todd Spangler / Variety:
Sinclair Q3: revenue fell 16% YoY to $773M, a $1M net loss, vs. net income of $94M a year ago; CEO Chris Ripley calls Disney-Google dispute an “antitrust issue”
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Memo: Tim Cook told employees that he is “heartbroken by the events in Minneapolis” and calls for a “deescalation”

Kate Clark / Wall Street Journal:
Sources: SoftBank is in talks to invest up to $30B more in OpenAI; SoftBank is already one of OpenAI's largest shareholders after investing $22.5B in December

Will Douglas Heaven / MIT Technology Review:
OpenAI launches Prism, a free cloud-based LaTeX editor that embeds GPT-5.2 to assist in scientific paper drafting and citation management

 
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