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2:50 PM ET, December 1, 2016

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 Top News: 
Peter Kafka / Recode:
The owner of the Daily Mail has written down all of its investment in Elite Daily, citing poor performance, and is taking a $31M loss  —  It's taking a $31 million loss.  —  Elite Daily used to look like a digital publishing success story: Founded by a couple of twentysomethings in 2012 …
Alexandra Steigrad / WWD:
Condé Nast's Self magazine is going all digital; its February issue will be its last regular print production and roughly 20 to 30 jobs will be cut  —  Condé Nast is said to make bigger restructuring moves around the new year.  —  Condé Nast is closing Self magazine in print, WWD has learned.
YouTube Blog:
YouTube announces support for 4K live streams of 360-degree and standard videos; first 4K stream will be Game Awards on December 1  —  Back in 2010, we enabled 4K video support for the very first time.  Since then, millions of videos have been uploaded at that eye-popping resolution …
Jason Del Rey / Recode:
Jim VandeHei says his yet-to-launch media startup Axios may charge $10K+ for some subscriptions eventually, but will launch ad-supported and free to readers  —  Advertising to start, then big-money subscriptions.  —  We still don't know a lot about Axios, the yet-to-launch media startup founded …
Jane Martinson / The Guardian:
Index on Censorship verifies 406 reports of violence and threats against journalists throughout EU and neighboring countries in three months ending in September  —  Study finds growing hostility toward media around the world has lead to rise in assaults on individuals as well as press freedom
Charly Wilder / New York Times:
Charlie Hebdo launches in Germany, in response to significant German interest in the paper after the attack on its Paris headquarters nearly two years ago  —  BERLIN — The first German edition of the French satirical newspaper Charlie Hebdo arrived on newsstands Thursday …
Discussion: @charlywilder and @nytimes
Dylan Byers / CNNMoney:
Breitbart launches a boycott against Kellogg's after the cereal company pulls its ads from the site  —  Breitbart News is going to war with Kellogg's after the cereal maker decided to pull its advertisements from the far-right news site in protest of its political views.
Reporters Without Borders:
Bahrain sentences Faisal Hayyat, a journalist who hosts a YouTube channel, to three months in jail for a tweet deemed to insult a religious symbol and group  —  Reporters Without Borders (RSF) denounces the conviction of Bahraini journalist and blogger Faisal Hayyat for allegedly insulting religion in a tweet.
Bryan Menegus / Gizmodo:
Some high-ranking Reddit moderators say they're losing hope in the site's future as users from the pro-Trump subreddit harass others, inflate vote counts, more  —  For the past 11 years, an eternity in internet time, Reddit has touted itself—repeatedly, and loudly—as the place to have “authentic conversations” online.
RELATED:
Josh Constine / TechCrunch:
Reddit CEO Steve Huffman apologizes for editing user comments and says the company is working to combat abuse by taking action against “toxic users”
 
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 More News: 
Colin Deppen / PennLive:
The Pittsburgh Tribune-Review printed its final edition Wednesday, becoming an online-only publication after laying off 106
Discussion: Pittsburgh Post-Gazette and WTAE
 Earlier Picks: 
Andrea Peterson / Washington Post:
CBC journalist Edward Ou was denied entry to the US and had his mobile phones briefly confiscated, as he travelled to cover the Dakota Access Pipeline protest