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10:10 AM ET, May 27, 2016


 Top News: 
Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent  —  Nearly a decade ago, after you had opened up to friends and colleagues, a gay writer for Gawker shared an item with the readers of Valleywag …
Barry Meier / New York Times:
Legal experts discuss third-party litigation funding, previous examples involving media, and legal obligations of the lawyers involved  —  The Silicon Valley billionaire Peter Thiel has put the future of Gawker Media into doubt by secretly funding a successful lawsuit that threatens to undermine the media company's finances.
Discussion: @timrace and @nytimes
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale  —  Digital media company in the middle of costly legal battle with professional wrestler Hulk Hogan  —  A judge denied Gawker's motion for a new trial and a reduction of the $140 million privacy invasion judgment awarded to wrestler Hulk Hogan in March.
Kara Swisher / Recode:
As Facebook courts publishers, the company and some of its directors decline to comment on board member Peter Thiel's funding of lawsuit against Gawker  —  And there will also likely be no action, either.  —  Here's a very good question swirling around Silicon Valley and the media universe today …
Felix Salmon / Fusion:
If Peter Thiel's strategy against Gawker works, it may then be emulated by other billionaires against any media organization
Greg Sterling / Marketing Land:
Facebook expands Audience Network reach beyond just its users — to everyone  —  All people on Audience Network mobile sites and apps can now be targeted using familiar Facebook parameters.  —  Two years ago Facebook launched the Facebook Audience Network as part of an effort to expand …
Mike Shields / Wall Street Journal:
Facebook to shut down FBX, its ad exchange that lets third party companies purchase ads for desktop as company shifts focus toward mobile  —  Social network focusing on its own ad network and mobile ad inventory  —  Facebook is planning to shut down its ad exchange, FBX …
SB Nation releases Vox Media review of Daniel Holtzclaw profile and vows to work on building and valuing staff diversity, among other changes  —  At, our goal is to produce thoughtful, informative, entertaining and high-quality sports coverage.
Lee Glendinning / Guardian:
Guardian takes down 13 articles and removes unverifiable information from others after checking freelancer Joseph Mayton's work, will review processes  —  After sources quoted in several stories denied speaking with a freelance reporter, Joseph Mayton, the Guardian has fact-checked all of his stories.
Jon Brodkin / Ars Technica:
GOP proposal would cut FCC budget by $69M and block enforcement of rules on net neutrality, data caps, and set-top boxes  —  Republicans use nation's budget to launch broad attack on FCC regulations.  —  House Republicans yesterday released a plan to slash the Federal Communications Commission's budget …
David Prestipino / WA Today:
Seven West Media to buy News Corp's Australian properties, The Sunday Times and PerthNow  —  The sale of The Sunday Times and PerthNow website to rival Seven West Media is almost complete.  —  Seven West Media CEO and managing director Tim Worner confirmed the company that owns The West Australian …
Discussion: ABC, Sky News and Mumbrella
Natasha Lomas / TechCrunch:
Blendle pay-per-article news service launches iOS and Android apps in US focused on discovery and speed  —  News delivery startup Blendle, which is applying a marketplace model to journalism offering pay-per-article reads from a range of different publishers, has launched iOS and Android apps in the US …
Holly Byrnes /
60 Minutes Australia producer fired over Lebanon child kidnapping story that landed children's mother and television crew in jail  —  Holly ByrnesNews Corp Australia Network  —  60 MINUTES producer Stephen Rice has been sacked over the program's botched child snatch scandal in Beirut …
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 More News: 
Wall Street Journal:
Viacom Director Presses for Access to Sumner Redstone
Discussion: New York Times
Kurt Wagner / Recode:
Twitter execs Jana Messerschmidt, head of business development, and Nathan Hubbard, head of media and commerce, are planning to leave the company
 Earlier Picks: 
Angelique Chrisafis / Guardian:
French trade union members prevented printing of all but one national newspaper after papers refused to run opinion piece by union leader
Discussion: France 24, PoliMedia and Politico
Leo Barraclough / Variety:
BBC's Neil Breakwell to Head Up Vice's U.K. News Operation
Joe Pompeo / Politico:
Newspaper Association of America requests FTC investigate adblockers for trade practice and consumer protection rule violations
Discussion: TeleRead News
Financial Times:
Sources: Apple had preliminary discussions about buying Time Warner last year as spending on original content set to increase