Local news outlet Decaturish is sold to family-owned Appen Media, which runs weekly papers in the northern Atlanta suburbs; founder Dan Whisenhunt will remain (Rodney Ho/Atlanta Journal-Constitution)

Mediagazer: Local news outlet Decaturish is sold to family-owned Appen Media, which runs weekly papers in the northern Atlanta suburbs; founder Dan Whisenhunt will remain (Rodney Ho/Atlanta Journal-Constitution)

Top News:

The Wrap:

Paramount shares rose ~7% after news that Skydance and National Amusements had reached a tentative deal; source: the deal could be done as soon as this weekend— A deal between the two parties could potentially be completed by as early as the weekend, an individual familiar with the matter tells TheWrap
Discussion: Seeking Alpha, Reuters, The Information and Los Angeles Times

Discussion:

Joshua Fineman /
Seeking Alpha: Paramount deal with Skydance expected to be completed by weekend - CNBC

Dawn Chmielewski /
Reuters: Skydance Media's deal to gain control of Paramount could be sealed this weekend, sources say

Sahil Patel /
The Information: David Ellison's Skydance Reaches New Deal to Buy Paramount Global Owner

Meg James /
Los Angeles Times: David Ellison agrees to buy Redstone family firm that controls Paramount

RELATED:
Wall Street Journal:

Sources: Skydance reached a preliminary deal to pay $1.75B for National Amusements and agreed to a 45-day period where other Paramount bidders can make offers— Skydance would pay $1.75 billion for National Amusements under the preliminary deal — David Ellison's production company …

Discussion:
Bloomberg, CNBC, Cord Cutters News, The Hollywood Reporter, Los Angeles Times, Broadband TV News, Variety, The Streamable, TechRadar, Sports Media Watch, The Guardian, Reuters, @xpangler, The Desk, Variety, @rfaughnder, @sherman4949, @richlightshed, @sherman4949, Radio & Television …, Jessica Toonkel on LinkedIn, Advanced Television, Media Play News, New York Post, Awful Announcing, The Information, Financial Times, New York Times, The Wrap, Deadline, @paulconstant.com and Forbes

Discussion:

Meg James /
Los Angeles Times: So the Paramount and Skydance deal is back on track. What happened and what's next?

Julian Clover /
Broadband TV News: Paramount agrees new Skydance bid

Todd Spangler /
Variety: Paramount Stock Rises on New Skydance Merger Offer

David Satin /
The Streamable: Ownership Stunner: Skydance, Paramount Agree to Preliminary Merger Deal Terms After Talks Resume

Amelia Schwanke /
TechRadar: Paramount and Skydance could be the next big streaming giant - here's what that might mean for Paramount Plus

Callum Jones /
The Guardian: Paramount and Skydance squeak closer to merger deal

Todd Spangler /
@xpangler: The renewed Skydance-NAI discussions are “extremely serious” but there's still no certainty a sale will make it to the finish line, ⁦@Variety_Cynthia⁩ reports https://variety.com/...

Cynthia Littleton /
Variety: Skydance Media and National Amusements Inc. Reach New Merger Agreement for Paramount Global

Ryan Faughnder /
@rfaughnder: Guess it's too late to leak that I'm also interested in bidding for National Amusements. Oh well

Alex Sherman /
@sherman4949: @RichLightShed Yes! That's not mutually exclusive here. They can invest in P+ with another service. @richlightshed: @sherman4949 Well see, but our reporting has been consistent that they want to invest heavily in Paramount+ to compete with Netflix

Alex Sherman /
@sherman4949: BTW If Skydance does reach a deal with Paramount, as I reported yesterday, the Skydance team is also interested in merging Paramount+ with another streaming service. https://www.cnbc.com/...

Adam Jacobson /
Radio & Television Business Report: Paramount Shares Rise On Word of ‘Revived’ Skydance Deal

Jessica Toonkel /
Jessica Toonkel on LinkedIn: Just weeks after walking away, Shari Redstone, the controlling shareholder of Paramount, has reached a deal with Skydance to sell her family company. … Advanced Television: Paramount / Skydance back on? — Paramount has resumed merger talks with Skydance Media …

Erik Gruenwedel /
Media Play News: David Ellison's Skydance Media Reportedly Inks New Preliminary Deal to Buy Paramount Global Holding Company National Amusements

Josh Kosman /
New York Post: Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B

Andrew Bucholtz /
Awful Announcing: After Paramount Global bid failed, Skydance is now trying to buy it through National Amusements

Martin Peers /
The Information: Amazon's Stock Record as Jassy Approaches Three-Year CEO Anniversary New York Times: Sources: talks between Skydance and Shari Redstone's National Amusements resume, just weeks after the parties called off initial negotiations Deadline: Back In Business: Skydance And Shari Redstone Reach Terms On New Merger Proposal For Paramount

Paul Constant /
@paulconstant.com: Perhaps I died and am in purgatory. That would explain why the news has been regurgitating “Biden is old” and “Paramount might sell to Skydance” stories like a skipping record for the past three months. [embedded post]

Antonio Pequeño IV /
Forbes: Paramount Reaches Tentative Merger Deal With Skydance—Stock Spikes 8% Bloomberg: Sources: Paramount Global is in exclusive talks to sell BET for $1.6B-$1.7B to buyers that include BET CEO Scott Mills and Chinh Chu, who runs CC Capital

Discussion:
Stereogum, Fortune, @reigncoates, Vibe, @mattbelloni, Fast Company, IndieWire, New York Post, The Wrap, The Desk, Variety, The Streamable, Axios, Cord Cutters News, The Hollywood Reporter, New York Times and Forbes

Discussion:

Danielle Chelosky /
Stereogum: Internet Archive Creates Searchable MTV News Database After Paramount Deletes Entire Site

Michelle F. Davis /
Fortune: Paramount merger with Skydance back on under new terms following collapse of talks @reigncoates: They pulled the rug from under Tyler and tried to raise the price in the 25th hour. Now they're gonna get less. BET has no IP of note. Paramount is just dumb.

Amber Corrine /
Vibe: Paramount Reportedly In Talks To Sell BET For $1.6B To “Buyers That Include” Its CEO Scott Mills

Matthew Belloni /
@mattbelloni: So Shari's failure to sell a year ago lowered the price of the asset a few hundred million dollars 🤦 ♂️ .... https://www.bloomberg.com/...

Chris Morris /
Fast Company: Skydance-Paramount merger is reportedly back on after Barry Diller expresses interest New York Post: Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report

Lucas Manfredi /
The Wrap: Paramount Stock Rises Over 5% Amid Renewed BET Network Sale Talks

Matthew Keys /
The Desk: Paramount looks to sell BET for around $1.7 billion

Todd Spangler /
Variety: Paramount Reportedly in Talks to Sell BET for $1.6 Billion in Buyout Led by CEO Scott Mills

Dan Primack /
Axios: Report: Barry Diller is circling Paramount

Erik Hayden /
The Hollywood Reporter: Paramount Renews Talks to Sell BET Assets

New York Times:
Sources: Barry Diller is exploring a bid to take control of Paramount; his digital media conglomerate, IAC, has signed NDAs with National Amusements

Platformer:

Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real time content, fediverse, and more— Programming note: With this post, we now go on a short summer break. See you back here July 15. — A year ago this week, Meta introduced Threads to the world.

Discussion:
Engadget, The Information, TechRadar, @willoremus@threads.net, @mosseri@threads.net, @ricmac@mastodon.social, @kurtwag8@threads.net, @J_aa_p@mastodon.social, @crumbler@threads.net, @rolle@mementomori.social, Bloomberg, @drewharwell@threads.net, Fast Company and @tchambers@indieweb.social, more at Techmeme »

Discussion:

Karissa Bell /
Engadget: What Meta should change about Threads, one year in

Kaya Yurieff /
The Information: Why Mary Meeker and Chamath Palihapitiya Are Bullish on the Creator Economy

Jacob Krol /
TechRadar: Threads is celebrating its birthday with a hidden cake giving away cool new icons

Will Oremus /
@willoremus@threads.net: Threads turns 1 this week. We interviewed @mosseri and wrote about how far it has come (175m active users), how far it still has to go to catch X (pretty far tbh), and whether its refusal to embrace hard news, politics or even “social issues” will help or hinder it in getting there. …

Adam Mosseri /
@mosseri@threads.net: It's hard to believe it's been a year... a huge props to the Threads team for shipping improvements week after week, and an even bigger thanks to the Threads community for being here. Everyone has something valuable to say — and we aim to build a place where anyone can comfortably share their ideas.

Richard MacManus /
@ricmac@mastodon.social: Adam Mosseri is tamping down #fediverse expectations for Threads. As a UK user, I've certainly noticed that things haven't happened very fast! But I also sense frustration on their part re European rules especially -> “The fediverse is a long-term bet. It isn't driving a lot of Threads growth. …

Kurt Wagner /
@kurtwag8@threads.net: New: Threads has more than 175m monthly users, up from 150m three months ago. Threads also plans to run ads “sooner rather than later.” I chatted with @mosseri about ads, politics, and how they want to differentiate Threads from X one year after launch https://www.bloomberg.com/...

Jaap /
@J_aa_p@mastodon.social: With more than 175 million monthly users, Meta has its sights set on overtaking Twitter — https://www.platformer.news/ ... #Twitter #Threads #Platformer

Casey Newton /
@crumbler@threads.net: On the occasion of Threads' first birthday, I talked to @mosseri about growing the team, leaning into real-time conversation, and the challenges of the Fediverse. We also talked about news and politics on the app: https://www.platformer.news/ ...

Roni Laukkarinen /
@rolle@mementomori.social: Adam Mosseri, the head of Instagram and Threads about the integration to the Fediverse: — “So everything has become at least three, if not six, or seven times more difficult than we thought. But we're committed to it, and we're making progress. We have some announcements coming soon. …

Kurt Wagner /
Bloomberg: Meta's Threads Considers Ads as Rivalry With X Approaches First Anniversary

Drew Harwell /
@drewharwell@threads.net: So Threads will be a place for news and takes from people you don't follow for everything *except* for politics and social issues. Even though they can have a giant impact on people's lives.

Steven Melendez /
Fast Company: One year of Threads: How is Meta's X rival really doing?

Tim Chambers /
@tchambers@indieweb.social: The Fediverse gets a shout out here: — https://www.platformer.news/ ... [image]

RELATED:

The Verge:

Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025— A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye. — Now, the rival to Elon Musk's X has reached …

Discussion:
MediaPost, @zuck@threads.net, 9to5Mac, PhoneArena, @alexheath@threads.net, @mattnavarra@threads.net, @technicallymims@threads.net, @documentingmeta@threads.net, Garbage Day, Neowin, MobileSyrup, @walthickey, @benedictevans@threads.net, Washington Post, @kevinrothrock@infosec …, @carnage4life@threads.net, Android Headlines, Axios, @maxwelltani, @willoremus, Reuters, The Information and TechCrunch, more at Techmeme »

Discussion:

Colin Kirkland /
MediaPost: Threads Reaches 175M Active Users In Its First Year, Outlines Future Goals

Mark Zuckerberg /
@zuck@threads.net: Threads now has more than 175M monthly actives. What a year.

Filipe Espósito /
9to5Mac: Threads reaches 175 million active users; celebrates first anniversary with custom icons

Alex Heath /
@alexheath@threads.net: have heard this app is still getting a lot of flyby traffic from its hooks in Instagram, but it's still not nothing to launch a new app and have it grow like this. monetization (ads) maybe coming next year now and there's focus on growing in key markets for X now (e.g. Japan)

Matt Navarra /
@mattnavarra@threads.net: Meta Plans To Bring Ads To Threads “Sooner Rather Than Later” @Mosseri said “I would love to do it sooner rather than later. It's just really a question of opportunity cost. Is that the best way to drive business versus making Instagram ads a little bit better on any given month? …

Christopher Mims /
@technicallymims@threads.net: just want to thank Threads for connecting me with more PMs at Meta than I ever would have imagined existed @documentingmeta@threads.net: The way that a new text based app has been launched and grown to 175M users in a year despite established incumbents in the space, is nothing short of a miracle and should be studied in business schools. What a year it has been for the app and for this account! Phew. Thanks Elon!

Ryan Broderick /
Garbage Day: Some diatribe about wokeness — You can find audio versions of Garbage Day on every major podcasting app.

John Callaham /
Neowin: Threads now has more than 175 million monthly active users nearly a year after its launch

Bradly Shankar /
MobileSyrup: Threads has reached 175 million users in its first year

Walter Hickey /
@walthickey: Threads has 175 million users https://sherwood.news/...

Benedict Evans /
@benedictevans@threads.net: Yes, but how many user seconds is that? 🙃

Kevin Rothrock /
@kevinrothrock@infosec.exchange: One year and 175 million users later, and it's still impossible to find any Russia experts or journalists regularly posting on Threads. — https://www.theverge.com/... [image]

Dare Obasanjo /
@carnage4life@threads.net: Threads launched a year ago and has hit a bunch of key milestones in recent weeks. - 175M monthly active users - There is now a free API for publishing posts and managing content. - Fediverse interoperability now includes viewing & liking comments on your posts from Mastodon.

Will Oremus /
@willoremus: Threads turns 1 this week. We interviewed @mosseri and wrote about how far it has come (175m users), how far it still has to go to catch X (pretty far), and whether its refusal to embrace hard news, politics or even “social issues” will help or hinder it. https://www.washingtonpost.com/ ... Reuters: Mark Zuckerberg boasts Threads breaks 175M active monthly users ahead of 1-year anniversary

Sylvia Varnham O'Regan /
The Information: Meta's Threads App Hits 175 Million Monthly Active Users

Aisha Malik /
TechCrunch: Threads nears its one-year anniversary with more than 175M monthly active users

The Guardian:

The Murdoch-owned Sun in the UK abruptly switches political allegiance, endorsing the Labour Party ahead of the July 4 election— After years of critical coverage, tabloid backs Labour for first election since 2005, saying: ‘It is time for a change’ — The Sun newspaper has made an abrupt volte-face …

Discussion:
The Sun, @johnbuckley_, @janemartinson, @leohickman, @thesun, @gmhales, @garethharding, Financial Times, Boing Boing and New Yorker

Discussion:
The Sun: It's time for a change... OVER the last five decades we have supported both Labour and Conservative parties.

John Buckley /
@johnbuckley_: The Sun backs Labour as much of Fleet Street swings behind Starmer https://www.ft.com/... via @ft

Jane Martinson /
@janemartinson: The Sun definitely won't have won it for Labour but its decision to go soft on “Sir Softy” at this point is still hugely significant https://www.theguardian.com/ ...

Leo Hickman /
@leohickman: Striking thing about this (v predictable and cynical) Sun endorsement of Labour is that Starmer has not had to court Murdoch - in stark contrast to Blair in '97. Power of these newspapers has shifted - now have hugely diminished influence compared to '97 https://www.thesun.co.uk/... @thesun: The Sun Says: It's time for a change... Here's an early look at tomorrow's front page. https://www.thesun.co.uk/... [image]

Gavin Hales /
@gmhales: In the voice of Mrs Merton/Caroline Ahearne: “What was it about the 212 seat majority predicted by the polls that first convinced you to change your mind?” https://www.theguardian.com/ ...

Gareth Harding /
@garethharding: The Sun backs Labour for first time since Blair. Not sure it makes much difference at this stage and perhaps cynical opportunism by Murdoch - who likes to back winners - but big win for Starmer, “who has fought hard to change his party for the better.” https://www.thesun.co.uk/...

Rob Beschizza /
Boing Boing: Murdoch tabloid gives nod to Labour Party in UK election

Sam Knight /
New Yorker: Britain Awaits a Wipeout Election

CNN:

Some WH reporters say Biden's mental fitness could have been better covered before the debate, particularly after the release of Robert Hur's report in February— President Joe Biden's White House repeatedly and aggressively shot down reports on the president's age and any possible limitations …

Discussion:
New York Times, Poynter, Semafor, Rolling Stone, Reason, CBS News, Fox News, Deadline, The Daily Beast, New York Post, Columbia Journalism Review and San Diego Union-Tribune

Discussion:

Kelly McBride /
Poynter: After the debate, plenty of insider texts but little transparency among political reporters

Charisma Madarang /
Rolling Stone: White House on Biden Mental Acuity After Debate Flop: 'He's as Sharp as Ever'

Robby Soave /
Reason: Why Didn't the Media Notice Joe Biden's ‘Jet Lag’ Sooner?

Dominic Patten /
Deadline: Biden Comments On Possibly Stepping Aside Send Cable News Into A Frenzy; NYT Says POTUS “Clear-Eyed” About Hurdles Going Forward

Josh Hersh /
Columbia Journalism Review: What did we know and when? Alex Thompson on investigating Biden's mental decline

Atlanta Journal-Constitution:

Local news outlet Decaturish is sold to family-owned Appen Media, which runs weekly papers in the northern Atlanta suburbs; founder Dan Whisenhunt will remain— Whisenhunt felt he had three options: close, borrow money to grow or sell to a bigger company.

Discussion:
Atlanta Business Journal, @alexip718, @decaturish, Decaturish, @decaturish, @davempayne, @decaturish and

Discussion:

Amy Wenk /
Atlanta Business Journal: Appen Media aimed to expand its coverage. It made Decaturish.com a target. @alexip718: I haven't seen this kind of local media consolidation in Atlanta for a long time. Congrats to @appenmedia @Decaturish! @decaturish: Here is our editor's note about this sale and what it means for the future of Decaturish. https://decaturish.com/...

Dan Whisenhunt /
Decaturish: Editor's note: The future of Decaturish and what it means for our community

@decaturish:
The paywall is off now, We mainly wanted y'all to see this quote 😇 “We're accessible. And we don't hem and haw. If we can't cover something, we're going to explain why. And if we make a mistake, we're going to fix it. And if we win an award, we are going to tell our mamas.”

Dave Payne /
@davempayne: @Decaturish @AtlBizChron Big congratulations y'all! I met @DWhisenhunt a decade ago. Been watching ever since as a Decatur resident. Incredible work y'all. Onwards!

@decaturish:
@jdhughez ... It'll be a good thing. This will ensure Decaturish sticks around for many years to come.

The Narwhal:

Leaked recording: a TC Energy executive claims its communications team “packaged” a February 2024 WSJ editorial blasting Biden's natural gas policy— A TC Energy exec claimed credit for an article signed by the Journal's editorial board, saying 'Our communications team packaged …

Discussion:
@emmamci, @trilliumflowers, @fatimabsyed and @trilliumflowers

Discussion:

Emma McIntosh /
@emmamci: The Wall Street Journal is staying mum about an allegation it ran an editorial criticizing Joe Biden based on “really good content” supplied by Canadian fossil fuel company TC Energy. Crazy, crazy stuff here, the latest in a wild series by @writermjs and @mikedesouza

Catherine Wilkie /
@trilliumflowers: @thenarwhalca '"I wouldn't say this much outside the walls of the TC tower, but this editorial wouldn't have happened without our involvement," Burrier said on the call. “Our communications team packaged that for the Journal editorial page and they went with it, ... ' @fatimabsyed: In Feb, The Wall Street Journal ran an editorial that criticized a decision by Joe Biden to pause permits for LNG exports. A few days later, a TC Energy executive told colleagues this editorial “wouldn't have happened without our involvement.” @writermjs with new bombshells‼️

Press Gazette:

Brad Stone, editor of Bloomberg Businessweek, which moved to monthly circulation, says print may make a comeback as readers want “distraction-free luxury”— Editor of Businessweek Brad Stone said he believes print journalism could make a comeback as the 95-year-old title moved from weekly to monthly circulation this week.

Discussion:
Talking Biz News

Discussion:

Chris Roush /
Talking Biz News: BW editor Stone: Print will make a comeback

NPR:

A federal court in Texas temporarily blocks the US government's ban on noncompete agreements that was set to take effect September 4— A federal court in Texas has partially blocked the government's ban on noncompete agreements that was set to take effect September 4.

Discussion:
CNN, LAW.com, The Hill, Washington Post, New York Times, @metalawman, @josephvconiglio, Fair Competition Law, @matthewstoller, @brianros1, @josheidelson, @leehepner, @halsinger, @douglaslfarrar, @thesbpc, @sandeepvaheesan, @danielahanley, @revolvingdoordc, @m_ohlhausen, @leehepner, Ryan, PYMNTS.com, National Law Review, @moreperfectus, @gushurwitz, @khushitavasant, @rbreich, @brian_callaci, @terrigerstein, @econ_marshall, @daveyseligman, @josephpatrice, @ddayen, The Verge, Public Knowledge, Bloomberg Law, Reuters, @carnage4life@mas.to and @mattschett, more at Techmeme »

Discussion:

Jeanne Sahadi /
CNN: Judge delays ban on noncompete agreements for employees

Maydeen Merino /
LAW.com: Texas Federal Judge Blocks Implementation of FTC's Ban on Noncompetes

Taylor Giorno /
The Hill: Federal judge issues narrow pause on FTC noncompete ban @metalawman: It really is a pain to have to go through the process of passing bills & getting the president to sign them into law. Much easier to have 3 unelected bureaucrats at the FTC decide what's best for the country. But, alas, courts aren't playing along. That pesky old

Joe Coniglio /
@josephvconiglio: The nice thing about a cult like ideology is that you never really lose even when you do. “However, the text, structure, and history of the FTC Act reveal that the FTC lacks substantive rulemaking authority with respect to unfair methods of competition under Section 6(g).”

Russell Beck /
Fair Competition Law: Texas federal judge finds FTC's noncompete ban invalid, but limits relief

Matt Stoller /
@matthewstoller: Basically the FTC's noncompete ban survives a conservative Texas courtroom. How the f is Lina Khan the only person who keeps winning? https://faircompetitionlaw.com/ ...

Brian Rosenwald /
@brianros1: 1. A really well fun campaign would be crusading on this — “I'm sticking up for the little guy and his judges are trying to stop me.” 2. Make no mistake, when this happens to Trump, he's just going to instruct his administration to ignore the court decision. Those are the stakes.

Josh Eidelson /
@josheidelson: “A federal judge delayed implementation of the US Federal Trade Commission's near-total ban on noncompete agreements, the first salvo in the high-stakes legal fight over how much freedom workers should have to switch jobs within an industry” https://www.bloomberg.com/... @madlinbmek

Lee Hepner /
@leehepner: The Court further finds that the Rule is arbitrary and capricious, in contravention of the Admin Procedure Act. Says the FTC lacked “reasonable explanation” and relied on a “handful of studies.” (The FTC's Final Rule includes 560 pages of analysis and 1296 footnotes...) [image]

Hal Singer /
@halsinger: Just revisited the section of the FTC's rule titled “Evidence of Suppressed Earning.” The number of unique studies cited in that section alone—I count ten—are vastly more than a “handful.” Yeesh. [image]

Douglas Farrar /
@douglaslfarrar: FTC Statement on Noncompete ruling in the Northern District of Texas. [image] @thesbpc: The corrupt judiciary is again stripping protections from workers & legislating from the bench. The @FTC 's non-compete rule would have freed 1-in-5 workers from these coercive contracts, increased wages by $300 billion/year, & restored the core economic liberty to change jobs.

Sandeep Vaheesan /
@sandeepvaheesan: In pausing FTC non-compete ban, Judge Ada Brown says location of agency's rulemaking power in FTC Act is “suspect.” In other words, if Congress structured a statute differently than a judge would have, the plain text can be ignored. Just another example of judicial arrogance. [image]

Daniel Hanley /
@danielahanley: It's ironic how one day before Independence Day, a holiday about political freedom, a judge strikes down the FTC's rule granting millions economic freedom. It's indicative of the broader trend of the courts, especially SCOTUS, to transform the US into a judiciary-led oligarchy. @revolvingdoordc: NEW: Trump's former officials helped corporations overturn the FTC's noncompete ban: [image]

Maureen Ohlhausen /
@m_ohlhausen: The @ftc UMC non-compete rule is enjoined. The court held “the text, structure, and history of the FTC Act reveal that the FTC lacks substantive rulemaking authority with respect to unfair methods of competition under Section 6(g).”

Lee Hepner /
@leehepner: A federal court judge appointed by Trump in 2019 just blocked the FTC's immensely popular noncompetes ban. So much of Biden's sweeping pro-worker economic agenda has been torn down by an unaccountable activist judiciary. [image]

Allie Bandemer /
Ryan: Ryan Lawsuit Halts Federal Trade Commission (FTC) Ban on Non-Compete Agreements National Law Review: US District Court Enjoins Federal Trade Commission's Noncompete Rule For The Named Plaintiffs @moreperfectus: BREAKING: A Trump judge just halted the FTC ban on non-compete clauses. This temporary block could cost US workers $488 billion in earnings. Workers deserve the freedom to choose new jobs, and the conservative judiciary has no right to interfere in this process.

Gus Hurwitz /
@gushurwitz: The nice thing about a PI telling you your going to lose when the decision comes down is that it gives you a few months to workshop how you'll spin that eventual loss. Because this needs some work. @khushitavasant: BREAKING: Texas judge just granted a tax services firm motion for injunction and stay against @FTC's #noncompete rule. “the text, structure, and history of the FTC Act reveal that the FTC lacks substantive rulemaking authority with respect to unfair methods of competition under

Robert Reich /
@rbreich: A Trump-appointed judge just halted the FTC's ban on noncompete clauses. One of the plaintiffs suing to reverse the ban is a Trump tax adviser. Of course Trump's fingerprints are all over a court ruling that will hurt working people. [video]

Brian Callaci /
@brian_callaci: Big public fights between agencies using their authority to enact wildly popular rules and an out-of-control judiciary trying to stop them from doing so are good fights to have, IMO.

Terri Gerstein /
@terrigerstein: The @FTC #NonCompete rule “is a watershed moment, whatever happens in court. It establishes a clear, incontrovertible record about why noncompetes are so harmful.” State legislatures should act now to curb #NonCompetes, as I wrote in April for @CNN. https://www.cnn.com/...

Marshall Steinbaum /
@econ_marshall: This ruling is an abomination because it completely ignores economic evidence in favor of the ideological priors of right-wing political pundits.

David Seligman /
@daveyseligman: For this court, corporate interests' freedom to impose whatever they want through the fine print justifies the continued constraints non-competes place on workers' freedom everywhere. This from @TowardsJustice brief for @TexasAFLCIO in support of the rule: [image]

Joe Patrice /
@josephpatrice: SCOTUS Fans: “Lina Khan is just making up the law, see how much she gets struck down?” Also SCOTUS Fans: “It's imperative that we blow up decades of precedent so litigants can use the Fifth Circuit to strike down Lina Khan”

David Dayen /
@ddayen: Federal judge in Texas (can you believe it) places a preliminary injunction on the FTC's noncompete ban, and will rule on the merits (probably the same way) by the end of August https://storage.courtlistener.com/ ...

Shiva Stella /
Public Knowledge: Public Knowledge Condemns District Court Decision Restricting FTC Rulemaking and Enjoining Noncompete Ban

Madlin Mekelburg /
Bloomberg Law: FTC Ban on Worker Noncompete Agreements Delayed by Judge

Daniel Wiessner /
Reuters: US judge blocks Biden administration ban on worker noncompete agreements

Matt Schettenhelm /
@mattschett: Last week, we reiterated that the FTC noncompete clause rule would be stayed by today. @BBGIntelligence It's about the worst possible time to be stretching rulemaking power in novel ways. [image]

Dan Gillmor:

Journalists need to reject formulas that have made them ineffective, like presenting “both sides”, after the SCOTUS ruling giving presidents unrestricted power— This is the first in a series of posts. — Dear journalists: This is your moment.

Discussion:
Semafor, @karlauerbach@sfba.social, @fheinderyckx@mastodon.social, New York Post, @androcat@toot.cat, @WarnerCrocker@mastodon.social, @mkb@mastodon.social, @dangillmor@mastodon.social, @BruceMirken@mas.to, @dkiesow@threads.net, Melanie Sill on LinkedIn, Fox News, @tofugolem@mastodon.social, @dangillmor@mastodon.social and @melaniesill@mastodon.social

Discussion:

Karl Auerbach /
@karlauerbach@sfba.social: I just read the piece referenced below by @dangillmor — Everyone should read it. — Its message is that our system of news information dissemination has become a simple, sterile amplifier of whatever material, true or false, it encounters. …

Francois Heinderyckx /
@fheinderyckx@mastodon.social: .@dangillmor: “Far too much of today's political journalism (...) is a toxic mess. The ingredients include (...) presenting ‘both sides’ when one is flagrantly lying; relentlessly normalizing extremism; chasing trivial shiny objects while mostly ignoring issues that matter …

Josh Christenson /
New York Post: Ex-NY Times executive editor blasts DC reporters for roles in Biden ‘cover-up’: ‘Simply astounding’ @androcat@toot.cat: @Mediagazer aka “Not repeating falsehoods, not giving tacit approval to the reprehensible”

Warner Crocker /
@WarnerCrocker@mastodon.social: Concur. If things don't change soon in this business they'll soon be just ink-stained typists and talking mouthpieces. — At its moment of peril, democracy needs journalists to be activists — #politics #journalism — https://dangillmor.medium.com/ ... [image] @mkb@mastodon.social: @Mediagazer @karlauerbach Someone here on Mastodon framed it as [the poor paraphrasing is my fault]: — If one person says it is raining and another says it is not, a journalist's job is not to quote both of them. A journalist's job is to look out the window and see which one of them is correct.

Dan Gillmor /
@dangillmor@mastodon.social: If Biden does decide not to run again, one of the worst effects will be the New York Times' conclusion that it can decide the outcome of our political campaigns. — The paper's campaign to remove Biden — using its “news” and commentary pages — has been unrelenting. …

Bruce Mirken /
@BruceMirken@mas.to: @dangillmor nails it: — “If our #democracy falls, one key enabler will have been the most consequential failure to date of a a vital institution do its job: #journalism... “Please, journalists, declare independence from business as usual, from the counterproductive customs that have prevailed in our media even as the danger has escalated. …

Damon Kiesow /
@dkiesow@threads.net: Journalism has always been activist. To say it is not is to believe the status quo has always been and that it is the perfect state of affairs. https://dangillmor.medium.com/ ...

Melanie Sill /
Melanie Sill on LinkedIn: The New York Times is on an old-school crusade focused on Joe Biden's age and the paper's belief he should leave the presidential race. I've seen this before. …

Melanie Sill /
Melanie Sill on LinkedIn: A clarion call: who will be remembered as #journalism's heroes of these times, as Ida B. Wells, Edward R. Murrow are remembered for theirs? …

Tofu Golem /
@tofugolem@mastodon.social: @dangillmor — We have already seen the response of American mainstream journalists: they downplayed the severity and threat of this ruling. — They are doing everything possible to avoid letting the public know what a threat to the republic this ruling was. …

Dan Gillmor /
@dangillmor@mastodon.social: My new post: “At its moment of peril, democracy needs journalists to be activists” — “Dear journalists: This is your moment, your opportunity. — “It's your chance, maybe your final one, to stand proudly for reality and democracy, for freedom of expression, for human rights. …

Melanie Sill /
@melaniesill@mastodon.social: A clarion call: who will be remembered as #journalism's heroes of these times, as Ida B. Wells, Edward R. Murrow are remembered for theirs? This is the moment to shed old formulas in unprecedented times, writes @dangillmor in the first of a planned series of posts. https://dangillmor.medium.com/ ... #USPol #journalists

TechCrunch:

Telegram rolls out the ability for creators to share paid content to channels using its Stars digital currency and for channels to convert Stars to Toncoin— Telegram launched a digital currency called Stars for in-app use last month. Now, the company is expanding its use cases to paid content.

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Colin Kirkland /