Daily Rundown

BUZZFEED, (Craig Silverman) The Drudge Report Has Been Linking To This Armenian Guy's Site Instead Of The New York Times

On Tuesday, New York Times columnist Kara Swisher revealed that a widower sent a personal letter to Twitter CEO Jack Dorsey asking him to delete tweets from President Donald Trump about the man’s late wife. Trump had falsely implied that MSNBC host Joe Scarborough was involved in the death of the woman, who worked in his office when he was a member of Congress…Read More

FOXNEWS, (Yael Halon) Zuckerberg knocks Twitter for fact-checking Trump, says private companies shouldn’t be ‘the arbiter of truth’ 

Facebook CEO Mark Zuckerberg has called out Twitter for attaching a fact check to a tweet from President Trump, telling Fox News' Dana Perino that privately-owned digital platforms should not act as the "arbiter of truth.""We have a different policy than, I think, Twitter on this," Zuckerberg told "The Daily Briefing" in an interview scheduled to air in full on Thursday…Read More

NYT, (Kate Conger and Davey Alba) Twitter Comes Under Attack From Trump’s Supporters

OAKLAND, Calif. — Not long after Twitter added a warning label to two of President Trump’s tweets on Tuesday, his supporters swung into action. On Twitter, Mr. Trump’s adherents targeted one of the company’s executives for old tweets in which he had criticized the president and other Republicans. On Capitol Hill, lawmakers including Senator Marco Rubio, Republican of Florida, and Senator Josh Hawley, Republican of Missouri, said they would move to regulate Twitter…Read More

VOX, ( Theodore Schleifer) Tech billionaires are plotting sweeping, secret plans to boost Joe Biden

Joe Biden has a problem. Silicon Valley billionaires think they have a solution.Election Day is less than six months away, and Democrats are scrambling to patch the digital deficits of their presumptive nominee. And behind the scenes, Silicon Valley’s billionaire Democrats are spending tens of millions of dollars on their own sweeping plans to catch up to President Donald Trump’s lead on digital campaigning — plans that are poised to make them some of the country’s most influential people when it comes to shaping the November results…Read More

TECHCRUNCH, (Sarah Perez) Instagram to test new revenue streams, including badges and IGTV ads

Instagram  today is launching new tools that enable video creators to make money, including badges that viewers can purchase during Instagram Live videos and the introduction of IGTV ads. Both launches are considered a test, as the company is limiting the features’ availability during its experimentation phase, it says…Read More

DIGIDAY, (DIGIDAY REPORTERS) Global green shoots: How the media and advertising markets around the world are beginning to restart

The global media worlds is haltingly restarting.With lockdown restrictions now being eased by some governments, small green shoots of recovery are beginning to emerge. Digiday reporters took a (virtual) trip around the world to see where activity is beginning to restart…Read More

THR, (Borys Kit) Apple to Partner With Paramount for Martin Scorsese's 'Killers of the Flower Moon'

Imperative Entertainment and Apple Studios will produce the pricey period crime drama that will star Leonardo DiCaprio and Robert De Niro. Killers of the Flower Moon, Martin Scorsese’s high-priced period thriller that has the filmmaker’s frequent collaborator Leonardo DiCaprio attached to star, has found a deep-pocketed partner. Apple is in final talks with Paramount to partner and produce the project, which carries a price tag of more than $150 million, The Hollywood Reporter has confirmed…Read More

QUARTZ, (Marc Bain) The US shopping mall was already in trouble—then came Covid-19

Even before the pandemic, many US malls were in decline. Years of developers overbuilding shopping centers resulted in a bubble of retail space that ultimately burst. While high-end malls filled with activities and restaurants still draw visitors, the rest often struggle to lure shoppers as their stores lose relevance and US consumers buy more online…Read More

WSJ, (Carol Ryan) Fashion Stockrooms Are Bursting at the Seams

Unsold merchandise has piled up at clothing retailers during lockdowns. That is bad news for profit margins but great for shoppers.  With fashion retailers sitting on a glut of unsold clothing, shoppers can expect serious bargains once shops reopen. The hit to profit margins could be dire.Merchandise has piled up at stores since they were closed by lockdown measures. For all U.S. retailers, the inventory-to-sales ratio…Read More

BLOOMBERG, (Lucas Shaw and Kelly Gilblom) Quibi Revamps Programming After Rocky Start for Short-Video App

Quibi, the video startup founded by Hollywood mogul Jeffrey Katzenberg, is revamping its programming slate and keeping a close eye on costs after a tepid initial reception to its service, according to people familiar with the matter. Quibi has decided not to renew several shows from its first wave of programs, including Idris Elba’s “Elba Vs Block…Read More

WASHINGTONPOST, (Travis M. Andrews) Charli D’Amelio is TikTok’s biggest star. She has no idea why.

The young people of Ohio weren’t physically distancing, and Gov. Mike DeWine needed to do something.“Young people think they’re pretty invincible. That just goes with the age,” DeWine said. They are “the hardest demographic to reach … You’ve got to have the right messenger.”…Read More

DIGIDAY, (KAYLEIGH BARBER) How Pop-Up Magazine pivoted from events to video

Anyone interested in Pop-Up Magazine won’t be able to find recordings of its 15 live tours that it has put on over the past 11 years across major North American cities. The company’s live performances are not filmed, since the entire idea of Pop-Up is a live rendition of a magazine: a curated performance of comedians, filmmakers, dancers and artists telling 10 different stories, all while feeding off the energy of the crowd…Read More