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X CEO Linda Yaccarino says that “after two incredible years, I've decided to step down”; X hired Yaccarino in June 2023 after she ran NBCUniversal's ad business — X CEO Linda Yaccarino said Wednesday she is stepping down from her role. … - Under her leadership …
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Sources: Linda Yaccarino told close contacts that some advertisers returning and xAI acquiring X, which effectively demoted her, made it a good time to depart
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New York Times:
Sources: Linda Yaccarino had discussed with X employees her plans to leave the company earlier this week, before Grok's antisemitic replies
Sources: Linda Yaccarino had discussed with X employees her plans to leave the company earlier this week, before Grok's antisemitic replies
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World of Good Brands, formerly Leaf Group, shuts down after owner Graham Holdings sold off its last three titles; Graham Holdings acquired it in 2021 for $323M — The closure represents the end of the digital media company once known as Demand Media. — Digital media company World …

Google adds image-to-video generation to Veo 3 in the Gemini app for Pro and Ultra subscribers, and says users have created 40M+ videos since Veo 3's May launch — Google said on Thursday it's adding an image-to-video generation feature to its Veo 3 AI video generator through its Gemini app.
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Photo agencies plan to boycott the rest of the Oasis reunion tour after the band's management said rights to concert images will last for only one year — Exclusive: Move comes after band's management says rights to concert images will only last for one year

The UK's Reach plans to merge its national and regional sports journalism teams into one central hub, resulting in around 50 layoffs — Reach has proposed major changes to how its sports journalists work, merging many of its national and regional teams in England into a central hub with around 50 redundancies anticipated.
Discussion:
HoldtheFrontPage and National Union of Journalists …

Substack co-founder Hamish McKenzie is launching a biweekly column on Lachlan Cartwright's Breaker, a publication hosted on Substack rival beehiiv — Good day to be the CEO of beehiiv. — ∙ Paid — Good morning everyone. Your song of the summer might be Sabrina Carpenter's Manchild or Morgan Wallen's What I Want.
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Google launches AI ad tools in India; the country repealing its so-called “Google Tax” has made it more attractive to global tech companies selling online ads — Google has launched a suite of its AI-powered advertising tools in India, which debuted in the U.S. in May …
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Investor letter: US newsroom-cum-hedge fund Hunterbrook Global is valued at $100M after new funding, which a source says will go toward expanding its newsroom — Novel investment firm that trades off its reporters' scoops raises fresh capital and plans move into litigation

Dallas Morning News parent company DallasNews Corporation signs a merger agreement to be acquired by Hearst, in a deal that values it at $74.9M — DallasNews Corporation, the public parent company of The Dallas Morning News and Medium Giant, has signed a definitive merger agreement …

SAG-AFTRA says Hollywood video game voice and motion capture actors signed a new contract with game studios, including AI protections like consent requirements — Hollywood video game voice and motion capture actors signed a new contract with video game studios on Wednesday with a focus …
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WPP names Microsoft Global Enterprise COO Cindy Rose as CEO, effective September 1, succeeding Mark Read; Rose has been on WPP's board since 2019 — Rose, 59, will take on the role leading the advertising group beginning Sept. 1, the company said in a statement on Thursday.
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Condé Nast and Hearst sign multiyear agreements with Amazon to license their content for use in Amazon's AI shopping assistant Rufus; the terms are undisclosed — Condé Nast and Hearst have signed multi-year agreements with Amazon to license their content for use in its AI shopping assistant Rufus.
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NewsGuard is retiring “misinformation” and “disinformation” as primary labels, saying the words have become meaningless and politicized — Welcome to Reality Check, a newsletter that helps you keep track of the false claims and online conspiracy theories that shape our world — and who's behind them.
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