News

SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, says neither lower court conducted proper analysis of 1A challenges (CBS News)

Mediagazer · last updated

Mediagazer: SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, says neither lower court conducted proper analysis of 1A challenges (CBS News)

Top News:

CBS News:

SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, says neither lower court conducted proper analysis of 1A challenges— Washington — The Supreme Court on Monday ordered lower courts to take another look at a pair of laws from Florida and Texas …
Discussion: Reuters, New York Post, Fox News, Forbes, Associated Press, @mjs_dc, @sdkstl, @mjs_dc, @joshgerstein and Semafor, more at Techmeme »

Discussion:
Reuters: The Supreme Court will decide if Florida and Texas are violating social media First Amendment rights

Ryan King /
New York Post: Supreme Court sends challenge to Florida, Texas laws restricting social media regulation back to lower courts Fox News: Supreme Court dismisses state challenges to red state restrictions on social media platforms

Alison Durkee /
Forbes: Supreme Court Throws Out ‘Social Media Censorship’ Cases In Florida And Texas Associated Press: The Supreme Court keeps hold on efforts in Texas and Florida to regulate social media platforms

Mark Joseph Stern /
@mjs_dc: Kagan says social media platforms engage in protected speech when moderating content posted by third parties, and Texas' alleged interest in interfering with that practice amounts to the “suppression of free expression, and it is not valid” under the First Amendment. [image]

Mark Joseph Stern /
@mjs_dc: I would deem the NetChoice decision a significant, albeit incomplete, victory for the social platforms, and a loss for Florida and Texas; perhaps the biggest winners are the platforms' lawyers, who get to continue litigating these cases in the lower courts and billing for it.

Staci D Kramer /
@sdkstl: >>HOWEVER: Kagan's opinion for the court holds that content moderation IS “expressively activity” and that social media platforms ARE protected by the First Amendment, no matter their size, from state intrusion. That's a major holding.<<

Mark Joseph Stern /
@mjs_dc: The Supreme Court's second decision is NetChoice. Justice Kagan's complicated opinion for the court remands both cases to the appeals courts for the proper analysis of a First Amendment facial challenge, which, she says, they flunked the first time. https://www.supremecourt.gov/ ...

Josh Gerstein /
@joshgerstein: BREAKING: 2nd opinion from #SCOTUS this AM: Netchoice. TX and FL social media laws. Kagan writes. Newsfeeds and home pages are like newspapers “protected expressive activity.” Other parts of sites maybe not. Remanded to both appeals courts https://www.supremecourt.gov/ ...

Caroline Anders /
Semafor: SCOTUS punts on social media case, bars states from moderating content for now

The Verge:

Redbox's owner, Chicken Soup for the Soul Entertainment, files for bankruptcy protection; Chicken Soup took on $325M in debt when it acquired Redbox in 2022— Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight.

Discussion:

Jordan Valinsky /
CNN: Redbox owner Chicken Soup for the Soul files for bankruptcy

Lauren Edmonds /
Business Insider: Redbox's parent company stopped paying employees for over a week before finally filing for bankruptcy

Stephanie Kaloi /
The Wrap: Redbox Parent Company Files for Bankruptcy

G.O. Parsons /
@goparsons: For all the awesome employees wondering why Willy's Wonderland 2 hasn't been made... please see the article below. CSSE is the studio behind WW. Not sure what the future holds for WW — but I'll keep everyone updated when I do!

Eriq Gardner /
@eriqgardner: Redbox has filed for bankruptcy. End of an era. [image]

Zach Wilson /
@televisionaryzw: RIP to Redbox, at least until 10 years from now and the nostalgia that's currently about Blockbuster gets to them. “Remember when you'd go to the 7-11, get a Slurpee & some hot Cheetos & a Marvel movie from the Redbox?” https://www.theverge.com/...

Ranjan /
@ranjanxroy: TIL: the self-help book series from the 90s bought the DVD rental vending machine business for $325mm in debt

Dade Hayes /
Deadline: Redbox Owner Chicken Soup For The Soul Entertainment Files For Chapter 11 Bankruptcy Protection

Jeremy Hill /
Fortune: The owner of Redbox DVD kiosks just filed for bankruptcy, saying results 'failed to meet management's expectations'

Dare Obasanjo /
@carnage4life@mas.to: Redbox is an example of how technology transitions can completely wipe out a company. They lost out in the transition from DVDs to streaming, got bought by the Chicken Soup for the Soul company and have now filed for bankruptcy after missing payroll and debt payments. …

Daniel Frankel /
Next TV: End of the Line for Chicken Soup — Redbox Owner Files for Bankruptcy

Luke Bouma /
Cord Cutters News: Redbox Reportedly Files For Bankruptcy

Janko Roettgers /
@jank0@sfba.social: Redbox is bankrupt https://www.theverge.com/...

Cheyenne MacDonald /
Engadget: The owner of Redbox has filed for Chapter 11 bankruptcy

Press Gazette:

B2B information and data provider Wilmington sells its UK healthcare business, which includes Health Service Journal, to PE firm Inspirit Franklin for £26M— HSJ has been owned by Wilmington since 2017. — Health Service Journal will move under private equity ownership following a sale by owner Wilmington.

The Hollywood Reporter:

Some Hollywood writers and actors are struggling to meet salary or work requirements to keep their union's health insurance plans, following the 2023 strikes— After the 2023 work stoppages and amid a larger industry contraction, creatives face difficulties meeting minimums to keep their union plans …

Bloomberg:

BlackRock has agreed to buy Preqin, a UK-based provider of private markets data, for £2.55B in cash— The acquisition deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets, and also expands its Aladdin technology systems …

Discussion:
Financial Times, Paula Seligson on LinkedIn, Solondais and The Information, more at Techmeme »

Discussion:

Paula Seligson /
Paula Seligson on LinkedIn: Big news in the alternative asset management space. BlackRock will acquire private capital database provider Preqin for £2.55 billion ($3.2 billion) in cash. …

BuzzMachine:

The two California bills to help fund local journalism would penalize Google and Meta for news' decline and benefit hedge funds that are destroying newspapers— There is still hope that California's perilous, protectionist legislation for news could be reformed, but not without effort.

Discussion:
@jeffjarvis and Los Angeles Times

Discussion:
@jeffjarvis: Just posted an update about California's news bills and my testimony in opposition—video included. I'm holding out hope for negotiation with Google's counterproposal. https://medium.com/...

Vanity Fair:

A look at WSJ's rocky reboot under Emma Tucker, who addressed editing bottlenecks and pushed for ambitious stories, while unnerving the newsroom with layoffs— The British-born editor has injected America's business paper of record with ambition and verve, while unnerving the newsroom with unapologetic cuts.

Discussion:
@mlcalderone, @charlottetklein and New York Post

Discussion:

Michael Calderone /
@mlcalderone: Deep look into the Wall Street Journal from @charlottetklein, who spoke to editor Emma Tucker and more than two dozen current/former staffers about layoffs, morale, and the future of the paper https://www.vanityfair.com/...

Charlotte Klein /
@charlottetklein: My last piece for VF is a look inside Emma Tucker's Wall Street Journal: https://www.vanityfair.com/...

Wired:

Quora-owned AI chatbot platform Poe is providing users with downloadable HTML files of paywalled articles from outlets including NYT, Forbes, and The Atlantic— WIRED was able to download stories from publishers like The New York Times and The Atlantic using Poe's Assistant bot.

Discussion:
MEDIANAMA, @carnage4life, @thekenyeung, @l0uryn, @timmarchman and @steve_e

Discussion:

Dare Obasanjo /
@carnage4life: People say chatbots are a solution looking for a problem but it turns out you just didn't realize the problem was getting to read paywalled articles for free. [image]

Louryn Strampe /
@l0uryn: all hail @DefectorMedia https://www.wired.com/... [image]

Tim Marchman /
@timmarchman: New: Quora's chatbot service Poe will generate downloadable versions of paywalled articles on demand; we were able to retrieve stories from our site and others like the NYT, Atlantic, and Defector. https://www.wired.com/...

The Intercept:

A reporter who fought a seven-year legal battle to protect sources says Julian Assange's case sets a dangerous precedent that may severely hurt US press freedom— When Julian Assange abruptly found himself back in Australia and freedom this week after reaching a plea deal with the U.S. government …

Discussion:
@denniscearl, The Guardian, New York Times, @theintercept and South China Morning Post

Discussion:

Dennis Earl /
@denniscearl: “Many of his supporters have declared this a victory for Assange. But by obtaining a guilty plea, the Justice Department can also claim victory and ominously may use the same tactics to go after other reporters.” https://theintercept.com/... #JulianAssangeIsFree #FuckBiden #USpoli

Dennis Earl /
@denniscearl: “...he is a victim of an abusive prosecution by a government seeking to silence whistleblowers, and his case has set a dangerous precedent that could severely damage press freedom in the United States.” https://theintercept.com/... #FuckBiden #JournalismIsNotACrime #USpoli

Kenan Malik /
The Guardian: Julian Assange is free, but his case is a grim reminder of the fragility of press freedom

Mattathias Schwartz /
New York Times: The Digital World Is a Powder Keg. Julian Assange Lit the Fuse. @theintercept: “The most dangerous precedent in the case against Assange is the idea that the U.S. government can decide how to define journalism,” writes @JamesRisen1. https://theintercept.com/...

Variety:

Arnaud Lagardère returns as French publishing group Lagardère SA chair and CEO, after appealing an April 29 management ban by a court over embezzlement charges— Arnaud Lagardere, who had stepped down from his executive roles of chairman and CEO of the listed French media …

Discussion:
Le Monde.fr, The Bookseller and Deadline

Discussion:

Barbara Casassus /
The Bookseller: Arnaud Lagardère returns to executive role at Lagardère

Variety:

Nielsen: the Biden-Trump debate drew an average audience of 51.3M viewers across 17 networks in the US, down from 2020's first debate, with nearly 73.1M— Networks include CNN, which originated the debate, as well as ABC, CBS, FOX, NBC, Scripps News, Telemundo, Univision, BET …

Discussion:
Politico, New York Post, The Free Press, New York Times, @dylanbyers, @brianstelter, Adweek, @antonej@threads.net, @parkerortolani@threads.net, Nielsen, MediaPost, CNN, Matthew Keys on LinkedIn, CBS News, The Desk, Los Angeles Times, Mediaite, Financial Times, Washington Post, Forbes, The Wrap, CNN, Deadline, The Hollywood Reporter and Next TV

Discussion:

Ryan King /
New York Post: Eye-popping 72% don't think Biden has the mental and physical strength to be president: poll

Olivia Reingold /
The Free Press: Inside the Biden Bubble

Michael M. Grynbaum /
New York Times: 51.3 Million Viewers Tuned In for Shaky Biden and Boisterous Trump

Dylan Byers /
@dylanbyers: CNN Debate *fast national* (not final) ratings in detail: Fox News: 8.82 million CNN: 8.75 million ABC: 8.70 million NBC: 5.17 million CBS: 4.81 million MSNBC: 3.94 million FOX: 3.48 million Fox Business: 372,000 HLN: 251,000 CNN Espanol: 46,000

Brian Stelter /
@brianstelter: This just in from CNN: “A combined 47.9 million total viewers watched the CNN Presidential Debate on television last night” across all the networks where it appeared.

Mark Mwachiro /
Adweek: CNN Presidential Debate Scores 51 Million Viewers Across All Networks [Final Numbers]

Antone Johnson /
@antonej@threads.net: So 85% of Americans didn't watch it.

Parker Ortolani /
@parkerortolani@threads.net: oh hey nobody watches debates no one cares no one will remember, said a delusional person

Wayne Friedman /
MediaPost: First Presidential Debate Earns 51.3M Viewers, Down 30%: Nielsen

Matthew Keys /
Matthew Keys on LinkedIn: CNN initially published an article claiming it had the highest-rated coverage of the presidential debate on Thursday. …

Matthew Keys /
The Desk: Fox News grabs highest ratings for CNN Presidential Debate

Stephen Battaglio /
Los Angeles Times: CNN Biden-Trump debate draws 51.3 million TV viewers, a major drop from 2020

Zachary Leeman /
Mediaite: Trump-Biden Debate Draws 51 Million Viewers, Most Watched Event in CNN History

Anna Nicolaou /
Financial Times: Trump-Biden debate draws smaller audience as voters tune out US election

Ted Johnson /
Deadline: CNN Says 47.9 Million Watched Presidential Debate; TV Viewership Drops Considerably From 2020

Rick Porter /
The Hollywood Reporter: TV Ratings: Biden-Trump Debate Draws 48M Viewers, Way Below 2020

Jon Lafayette /
Next TV: 48 Million Watched CNN's Biden-Trump Debate

The Hollywood Reporter:

Several current and former Daily Mail employees describe a leadership vacuum in its US newsroom, following the mysterious departure of online EIC Gerard Greaves— Its online editor is MIA (he was last seen frantically deleting emails), his self-appointed replacement is said to be equally erratic …

Discussion:
@brenbrenchie, @mediaguy19 and @mediaevan

Discussion:
@brenbrenchie: As Brits claim top postings in U.S. media at CNN, WaPo and WSJ the events that have played out at the Daily Mail may serve as a cautionary tale of imports arriving from across the pond with a lack of understanding of American news, practices or audience. https://www.hollywoodreporter.com/ ... @mediaguy19: People are truly fed up," one recently departed staffer told Hot Source. “This place is completely fucked, and there is zero leadership coming from London, and they have destroyed the potential we had here in the United States.” https://www.hollywoodreporter.com/ ...

Evan DeSimone /

Related Knowledge Center: Climate economics

State of Play

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.”

More informationabout Climate economics