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4:35 PM ET, May 24, 2018

Mediagazer

 Top News: 
Rob Leathern / Facebook:
Facebook rolls out “Paid for by” disclosure labels on Facebook and Instagram for political ads in US, including issues ads that deal with 20 specific subjects  —  As we announced last month, we're making big changes to the way ads with political content work on Facebook to help prevent abuse, especially during elections.
RELATED:
Twitter:
Twitter to add badges and disclaimers for US federal political advertisers and require certification and account elements “consistent with online presence”  —  We believe transparency is key for both the people using our service and advertisers to feel confident in our platform.
Anna Hensel / VentureBeat:
Facebook launches its archive of political ads, containing ads for political candidates and “issue ads” starting in May 2018  —  Facebook's new archive for U.S. political ads — created to give users more information about who is advertising on Facebook and who they are trying to target — went live today.
Nathan Bomey / USA Today:
Elon Musk unleashes barrage of criticism aimed at “big media companies” in at least 19 tweets and says he plans to launch a site to assess journalists  —  Elon Musk, the billionaire CEO of Tesla and SpaceX, ripped the news media for what he described as irresponsible reporting …
RELATED:
Ben Smith / BuzzFeed:
Elon Musk's bad-faith bluster shows how little the tech barons understand about journalism; suggestions to crowdsource truth are plainly naive  —  When it comes to media criticism, comparing Elon Musk to Donald Trump is very unfair — to Trump.  —  BuzzFeed Editor-in-Chief
RELATED:
Erik Wemple / Washington Post:
The Daily Beast's EIC John Avlon is moving to CNN as a full-time senior political analyst and anchor, replaced by Noah Shachtman, moving from executive editor  —  How do you improve the Daily Beast?  —  “I want us to lean harder into who we are,” says Noah Shachtman of the Daily Beast.
Abigail Abrams / Fortune:
Netflix market value reaches $149B, surpassing Comcast's $147B, and approaching Disney's $153B; the company's stock has gone up 70% since January  —  Netflix passed Comcast in market value on Wednesday, signaling another win for the streaming service as it continues to compete with traditional television.
Janko Rottgers / Variety:
Vevo is shuttering its Android, iOS, and Windows Mobile apps and website to refocus on YouTube following resignation of several execs and significant layoffs  —  Major-label owned Vevo is giving up on plans to build its own music video platform outside of YouTube's control …
Garrett Camp:
Sixteen years after it started, StumbleUpon to shut down and transition its accounts to content discovery platform Mix.com over the next couple of months  —  Sixteen years ago, we started StumbleUpon to help people discover new webpages.  The idea was simple: click a button to find a cool webpage.
Lucia Moses / Digiday:
Some publishers sit out meetings with Google about GDPR, citing its public silence on how it will use the data it expects publishers to give it access to  —  Google is set to have meetings today with media trade associations and various publishing company representatives to address their concerns …
 
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 More News: 
Jeff Baumgartner / Multichannel News:
Verizon seems to abandon plans to build its own OTT service as CEO says it wants to partner with an existing OTT service to deliver Oath digital content
Discussion: The Verge and Light Reading
Gerry Smith / Bloomberg:
Buzzfeed to develop a Hulu documentary about R. Kelly abuse allegations; Peretti is also considering subscription products in subjects like education and gaming
Gavri Smith / The Keyword:
Google Trends gets revamped Trending searches and Explore pages, new infographic types like an intensity map, showcased data stories curated by News Lab, more
Discussion: Engadget
 Earlier Picks: 
Devin Coldewey / TechCrunch:
The FCC's Ajit Pai has repeatedly evaded answers and refused to respond to questions from members of Congress, 13 Democrats say in new letter seeking responses
Lydia Wheeler / The Hill:
District court judge rules President Trump can't block people from viewing his Twitter feed, calling it a designated public forum protected by First Amendment