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8:10 AM ET, August 12, 2016

Mediagazer

 Top News: 
Jacob Bernstein / New York Times:
The last party before Gawker Media's bankruptcy sale felt like a giddy wake, with speeches by a still-defiant Nick Denton  —  Since its beginning in 2002, Gawker has been a veritable schadenfreude machine, taking delight in deflating the egos of New York's cultural elite, among other, perhaps less worthy, targets.
RELATED:
Matt Drange / Forbes:
Ex-Gawker editor A.J. Daulerio faces potential bankruptcy as he and Hulk Hogan's lawyers tussle over access to his assets  —  On Wednesday night, current and former Gawker Media employees gathered at the company's Manhattan headquarters to celebrate 14 years of independent journalism ahead of a court-advised sale next week.
The Daily Beast:
The Daily Beast removes post about the use of Grindr at Olympics after complaints it outed gay athletes, says “we were wrong”  —  One athlete poses in his full Canadian team kit.  Others post their Olympic bedspreads as their profile pictures.  They're ready to date—even your distinctly non-Olympian correspondent.
Josh Constine / TechCrunch:
Facebook rolls out new code to nullify adblock workaround introduced by Adblock Plus  —  Adblock Plus launched a workaround to Facebook's ad block bypass today that ham-handedly removes posts from friends and Pages, not just ads, according to a statement provided by Facebook to TechCrunch.
Lukas I. Alpert / Wall Street Journal:
Arianna Huffington, editor-in-chief of the Huffington Post, will leave the company in the coming weeks to focus on health-and-wellness startup Thrive Global  —  Huffington Post co-founder and editor-in-chief to focus on health-and-wellness startup Thrive Global
RELATED:
Peter Kafka / Recode:
Source: Arianna Huffington is leaving the Huffington Post because Verizon's acquisition of Yahoo threatened her website's status as a dominant property  —  Hint: It rhymes with “Yahoo”  —  Arianna Huffington surprised the media world this morning when she announced that she was leaving the Huffington Post …
Charlie Warzel / BuzzFeed:
Ten former employees shed light on Twitter's 10-year failure to stop abuse on its platform  —  Ariel Waldman ran out of options.  Waldman, then a community manager and blogger, had signed up for Twitter in March 2007 and in months had become one of the platform's 100 most followed accounts.
RELATED:
Charlie Warzel / BuzzFeed:
Sources: in 2015, then-Twitter CEO Dick Costolo secretly ordered employees to filter out abusive replies to President Obama during a Q&A session  —  In 2015, then-Twitter CEO Dick Costolo secretly ordered employees to filter out abusive and hateful replies to President Barack Obama during a Q&A session, sources tell BuzzFeed News.
Peter Kafka / Recode:
Turner and Scripps Networks announce $45M investment in Refinery29, sources say at $500M valuation  —  Like we told you!  —  Dear Recode readers: Remember a month ago, when I told you that Time Warner's Turner unit had invested in Refinery29, the digital publisher focused on millennial women?
Roger Yu / USA Today:
FCC votes to retain rules limiting cross-ownership of newspapers, radio, and TV stations in the same market, despite complaints that restrictions are outdated  —  The Federal Communications Commission has voted to keep in place its rules that prohibit media companies from owning newspapers …
Stuff.co.nz:
Court rules Sky TV can't prevent New Zealand's Fairfax from using Olympics video excerpts  —  “Obviously we're delighted,” Fairfax group executive editor Sinead Boucher said.  —  Sky TV has lost its bid for an interim injunction against Fairfax Media regarding the use of its Olympic Games footage.
 
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 More News: 
Jessica Davies / Digiday:
Politico's Brexit coverage gave its traffic a 300% boost in June, establishing a blueprint for future expansion plays
Discussion: Politico and Guardian
Wall Street Journal:
Sources: 21st Century Fox expects multiple settlements after Ailes allegations; number of accusers coming forward in internal investigation hits double digits
Discussion: CNBC
David Uberti / Columbia Journalism Review:
How Trump's use of ambiguous language lets him say whatever he wants and puts the onus of interpretation on reporters
Alex T. Williams / Pew Research Center:
The broadcast companies that were split from print divisions of Gannett, Tribune, and E.W. Scripps Co. show higher profit margins and stock prices
 Earlier Picks: 
Sahil Patel / Digiday:
E! News merges broadcast and digital teams, expands original programming on Facebook Live, will debut a weekly series on Snapchat Discover
Biz Carson / Business Insider:
Arsenic, a crowdsourced media firm and Playboy competitor, raises $3M seed round, boasts 700K Snapchat and 1M+ Instagram followers
Guardian:
Fairfax Media records $893.5m loss due to newspaper writedowns