Memo: Disney plans to stop using Slack in most units by the end of 2024, after a hacking group leaked 1TB+ of its data, including 44M Slack messages, in July (Robbie Whelan/Wall Street Journal)
Mediagazer: Memo: Disney plans to stop using Slack in most units by the end of 2024, after a hacking group leaked 1TB+ of its data, including 44M Slack messages, in July (Robbie Whelan/Wall Street Journal)
Top News:
New York Times:
Amazon joins the Motion Picture Association, after a long courtship; the lobbying group's other members are Disney, Netflix, Paramount, Sony, Universal, and WBD— The Motion Picture Association has been wooing the company for years. The addition gives the group a lot more muscle.
Discussion: The Hollywood Reporter, Los Angeles Times, Variety, The Wrap and Deadline, more at Techmeme »
Discussion:
Alex Weprin /
The Hollywood Reporter: Amazon Prime Video and MGM Studios Join Motion Picture Association
Christi Carras /
Los Angeles Times: Amazon MGM Studios is joining the Motion Picture Assn.
Sean Burch /
The Wrap: Amazon Joins Motion Picture Association
Press Gazette:
The Economist introduces AI translations into French, German, Mandarin, and Spanish for Espresso, its budget-friendly, “snack-sized” journalism app— The Economist has deployed AI-translated content on its budget-friendly “snack-sized” app Espresso after deciding the technology had reached the “good enough” mark.
Discussion:
Ludwig Siegele on LinkedIn
Discussion:
Wall Street Journal:
Amazon's new competition TV show, debuting October 30, will have entrepreneurs pitch judges, including Amazon execs; finalists' product will be sold on Amazon— In competition show, sellers compete in front of Amazon executives and celebrity judges — Coming soon: Amazon.com sellers duking …
Discussion:
David J. Katz on LinkedIn and Bloomberg, more at Techmeme »
Discussion:
David J. Katz /
David J. Katz on LinkedIn: Amazon's ‘Buy It Now’ reality competition show is set to debut next month — Amazon will try a new business model; consider it as “Shark Tank” meets HSN. …
VentureBeat:
Amazon's Twitch is launching The Glitch, a “brand-customizable” game world in Fortnite, on September 20, with two brand partners having their own in-game worlds— Twitch has teamed up with Halo co-creator Alex Seropian's Look North World to create The Glitch, a brand-customizable game world in Fortnite.
Discussion:
Colin Kirkland /
MediaPost: Twitch, Amazon Ads Launch Brand-Customizable Game In Fortnite
Brandon Doerrer /
Ad Age: How Twitch will work with brands on ‘The Glitch’
Jennifer Maas /
Variety: Twitch, Amazon Ads Launch Fortnite Game ‘The Glitch’ as New Marketing Opportunity for Brands Including Domino's, Peloton
Chris Melissinos /
Chris Melissinos on LinkedIn: I am SO EXCITED to finally be able to talk about this! — Watching this go from concept to deployment has been so exciting! …
Patrick Moran /
Patrick Moran on LinkedIn: As a former Amazonian, it's a very personal and heartfelt moment of gratitude and accomplishment to have my start-up hired to develop …
Alexander Seropian /
Alexander Seropian on LinkedIn: This is something to pay attention to. When we started Look North World the promise was creating a new way to make games and build community. …
The Guardian:
A look at Intelligencer Today, a pro-Russian, anti-vaccine website with editorial board members tied to Trump and contributors tied to Kremlin state media— George Papadopoulos and others involved in Intelligencer, increasingly popular source of news in rightwing circles
Discussion:
Ellie Quinlan Houghtaling /
New Republic: Trump's Surprising Ties to Another Russian Disinfo Scheme
Matt Bernardini /
@mattbernardini7: NEW: Ex-Trump adviser George Papadopoulos, a Pennsylvania fake elector, a woman linked to the GRU, and others, are helping to grow a Pro-Russia misinformation website https://www.theguardian.com/ ...
Travis Gettys /
Raw Story: Bevy of Trump allies now working to promote Kremlin propaganda to U.S. conservatives @rvps2001@mastodon.social: 🇺🇸 Amid the recent crackdown on #Russian influence in American media, a group of former #Trump advisers and operatives have quietly helped build a pro-Russian website that frequently spreads debunked conspiracy theories about the war in #Ukraine, election fraud and vaccines. …
Laffy /
@GottaLaff@mastodon.social: Ex-#Trump advisers help to grow pro-Russia website that spreads misinformation — George Papadopoulos and others involved in Intelligencer, increasingly popular source of news in rightwing circles — https://www.theguardian.com/ ...
Brian Whitaker /
@brian_whit: @MattBernardini7 More background here about Papadopoulos and his Russian connections during Trump's 2016 presidential campaign. https://brian-whit.medium.com/ ...
Adweek:
A look at Erika Badan's plans as CEO of Food52: pivoting from mass retail, rebuilding content infrastructure, and launching a fresh slate of video programming— The two publishers share a business model but have vastly different cultures and commercial circumstances — Erika Badan understands the skepticism.
Discussion:
Simon Owens on LinkedIn, @markstenberg3, @seangriffey and @simondowens@threads.net
Discussion:
Simon Owens /
Simon Owens on LinkedIn: Many sites that made big bets on driving commerce revenue via product recommendations are now struggling to grow and even seeing a decline in sales. …
Mark Stenberg /
@markstenberg3: Exclusive: Food52 saw massive growth during the pandemic, but a downturn in demand, lack of strategy and poor commerce model undid its gains. Now, former Barstool Sports CEO Erika Badan is at the helm, aiming to find improbable success—again. For @ADWEEK:https://www.adweek.com/ ...
Sean Griffey /
@seangriffey: Really great piece on Food52 which has become a shell of its past self. I'm encouraged for the first time in years because it sounds like they recognize again that content is critical in a content-to-commerce story. https://www.adweek.com/...
Simon Owens /
@simondowens@threads.net: Many sites that made big bets on driving commerce revenue via product recommendations are now struggling to grow and even seeing a decline in sales. This could be the result of too many publishers rushing into the space at once, or it's an early sign that generative AI is having a negative impact on product recommendation content. …
The Verge:
YouTube says it has “widely rolled out Pause ads to all advertisers” after a “strong advertiser and strong viewer response” and piloting Pause ads from 2023— It's been nearly six years since we warned you that ads were coming for your pause button …
Discussion:
CNN, Engadget, MediaPost, ZDNET, Tech Advisor, BGR, Android Authority and Thurrott, more at Techmeme »
Discussion:
Ramishah Maruf /
CNN: YouTube ads can play even when your screen is paused now
Danny Gallagher /
Engadget: YouTube is now showing ads when you pause videos
Colin Kirkland /
MediaPost: YouTube Brings Ads To The Pause Screen
Laura Pippig /
Tech Advisor: YouTube confirms annoying change when you pause a video
Chris Smith /
BGR: YouTube will start showing even more ads soon
Laurent Giret /
Thurrott: YouTube Makes ‘Pause Ads’ Available to All Advertisers
The Hollywood Reporter:
Ted Sarandos calls on streaming rivals to release their viewership numbers, says Netflix can double its viewership with live events and Christmas Day NFL games— The executive added that he believes the streaming giant can double its viewership thanks to programming like live events and the Christmas Day NFL games.
Discussion:
AV Club, Front Office Sports, Deadline, Quartz, IndieWire, TVNewsCheck and The Wrap
Discussion:
Mary Kate Carr /
AV Club: Netflix, self-proclaimed industry leader in viewership transparency, welcomes the British Invasion
Sean Piccoli /
Deadline: Netflix Co-CEO Ted Sarandos Calls On All Streamers To Be Transparent With Viewership Data
Bruce Gil /
Quartz: People watched a whopping 94 billion hours of Netflix in the first half of 2024, CEO says
Brian Welk /
IndieWire: Ted Sarandos Calls on Other Streamers to Be as ‘Transparent’ as He Says Netflix Is
Sean Piccoli /
TVNewsCheck: Netflix Co-CEO Ted Sarandos Calls On All Streamers To Be Transparent With Viewership Data
Wall Street Journal:
Memo: Disney plans to stop using Slack in most units by the end of 2024, after a hacking group leaked 1TB+ of its data, including 44M Slack messages, in July— The company said in a memo that most of its businesses would stop using the tool by the end of this year
Discussion:
Jaspreet Singh /
Reuters: Disney to stop using Salesforce-owned Slack after hack exposed company data, WSJ reports Business Insider: Disney is ditching Slack after hackers gained access, and some employees aren't happy. Read the CFO's memo.
Robbie Whelan /
Robbie Whelan on LinkedIn: Disney is breaking up with Slack, the popular workplace communications and project management software. …
Jameson Hardy /
Jameson Hardy on LinkedIn: Disney is making a strategic move by dropping Slack over data integrity concerns. While the decision seems significant, questions arise about the extent of its usage and the financial implications. …
Nick Percoco /
@c7five: Confused by the @Disney transition away from Slack to something else. If the reports online are accurate regarding what happened, it seems the root cause of the problem wasn't Slack but rather a security culture where installing games and game mods on a corporate computer is
Sarah Whitten /
NBC New York: Disney to ditch Slack following July data breach
Robbie Whelan /
@rwhelanwsj: Disney to stop using Slack, according to internal memo from CFO Hugh Johnston. The move comes after a hacking attack exposed huge trove of private company information in millions of Slack messages: https://www.wsj.com/...
Sal Rodriguez /
@sal19: Disney abandoning Slack, as reported by @RWhelanWSJ, is particularly notable to me considering Microsoft didn't start taking Slack seriously until learning in 2015 that Disney basically stopped using email bc of Slack, which I reported for Reuters. How times have changed!
New York Times:
For marketers, ensuring brand safety on YouTube and other platforms has become difficult during the US election, as their ads appear next to inflammatory videos— Large organizations and brands saw their advertising dollars funneled to videos amplifying inflammatory narratives …
Discussion:
TVNewsCheck, @tchambers@indieweb.social and @lauren@mastodon …
Discussion:
TVNewsCheck: On YouTube, Major Brands' Ads Appear Alongside Racist Falsehoods About Haitian Immigrants
Tim Chambers /
@tchambers@indieweb.social: Not great look for YouTube: — https://www.nytimes.com/...
Lauren Weinstein /
@lauren@mastodon.laurenweinstein.org:
TechCrunch:
Amazon launches an AI-powered video generator, available for some US advertisers in beta, which turns a single product image into a few-second video showcase— Like its rival, Google, Amazon has launched an AI-powered video generator — but it's only for advertisers at the moment, and somewhat limited in what it can do.
Discussion:
About Amazon, Search Engine Land, MediaPost, The Verge, The Desk and Tv Technology, more at Techmeme »
Discussion:
About Amazon: New generative AI empowers advertisers to elevate creativity, crafting ads that captivate audiences.
Anu Adegbola /
Search Engine Land: Amazon Ads launches AI-powered video
Laurie Sullivan /
MediaPost: Amazon Releases AI Video Generator For Ads
Jess Weatherbed /
The Verge: Amazon is stuffing generative AI into its shopping experience
George Winslow /
Tv Technology: Spectrum Reach Becomes a Local Reseller for Amazon Ads
Bloomberg:
Sources: Byron Allen's media group is planning deeper cost cuts as it faces debt repayment deadlines, including one in February 2025— - The company has retained Moelis and Kirkland as advisers — Its $840 million term loan quoted about 65 cents on the dollar
Discussion:
Adweek
Discussion:
Kevin Eck /
Adweek: Allen Media Group Planning More Cuts
The Wrap:
Fox News fires Robert Samuel, a nearly 20-year network veteran who was an executive producer for Sean Hannity's show, after allegations of sexual harassment— Robert Samuel was terminated last week, according to Brian Stelter's “Reliable Sources” — Fox News has fired “Hannity” …
Discussion:
@ogmcduck.bsky.social and TVNewsCheck
Reuters:
The EU's General Court annuls a €1.49B antitrust fine imposed on Google in 2019 for abusing its dominance to prevent websites from using non-AdSense ad brokers— Alphabet (GOOGL.O) unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) …
Discussion:
Android Central, @adrianweckler, @eucourtpress, The Register, Android Authority, Global Competition Review, Search Engine Land, Courthouse News Service, Thurrott, BBC, The Information, Wall Street Journal, The Information, Neowin, Engadget, Financial Times, CNBC, TechCrunch, Bloomberg, Reuters, Associated Press, Politico and RTÉ
Discussion:
Adrian Weckler /
@adrianweckler: Rare win for big tech in EU — ECJ rules against European Commission on advertising sector abuse (AdSense), cancels the €1.5bn fine https://curia.europa.eu/... @eucourtpress: #EUGeneralCourt annuls the @EU_Commission's decision to fine @Google almost €1.5 billion #AdSense 👉 https://curia.europa.eu/...
Brandon Vigliarolo /
The Register: Google dodges €1.5B EU ads antitrust fine after appeal win
Stephen Schenck /
Android Authority: Google just dodged a massive EU antitrust fine
Francesca McClimont /
Global Competition Review: General Court overturns EU Google AdSense decision
Anu Adegbola /
Search Engine Land: Google wins $1.7B EU antitrust fine appeal
Alexandra Brzozowski /
Courthouse News Service: In surprise ruling, EU court scraps $1.65 billion antitrust fine against Google
Paul Thurrott /
Thurrott: EU General Court Tosses Out a Google Antitrust Fine
Tom Gerken /
BBC: Google scores rare legal win as 1.49bn euro fine scrapped
Mauro Orru /
Wall Street Journal: Google Wins Fight to Scrap $1.7 Billion EU Antitrust Fine Over Ads
Amir Efrati /
The Information: Google Reportedly Proposed Selling its Ad Exchange to End EU Antitrust Attacks
Karthik Mudaliar /
Neowin: Google overturns €1.49 billion antitrust fine by the EU over digital ad market practices
Mariella Moon /
Engadget: Google wins appeal against $1.7 billion EU fine for ‘abusive’ advertising practices
Javier Espinoza /
Financial Times: Google wins appeal against €1.5bn EU competition fine
Arjun Kharpal /
CNBC: Google wins court challenge to the EU's $1.7 billion antitrust fine over ad product
Samuel Stolton /
Bloomberg: Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse Associated Press: Qualcomm loses court appeal against European Union antitrust penalty in chipset case from 2019
Edith Hancock /
Politico: Google scores surprise court win on EU antitrust fine
RELATED:
Reuters:
Sources: Google tried to end an EU antitrust probe by offering to sell its ad marketplace AdX, or Ad Exchange, but European publishers rejected the proposal
Discussion:
Glossy, Breitbart, The Verge, The Information, Engadget and Associated Press, more at Techmeme »
Discussion:
Danny Parisi /
Glossy: Fashion Briefing: How Google's antitrust trial stands to affect fashion's advertising strategies
Lucas Nolan /
Breitbart: Google Trial 2.0: Economist Testifies Internet Giant Charges Up to 27% More for Ads than a ‘Competitive Market’
Anna Washenko /
Engadget: Report: Google offered to sell AdX to end EU antitrust suit
Associated Press:
Google wins legal bid to overturn 1.5 billion euro antitrust fine in EU digital ad case
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”