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Over $119bn wiped off Facebook's market cap after growth shock

Over $119bn wiped off Facebook's market cap after growth shock

Shares crash as social network admits user growth fell after Cambridge Analytica breach More than $119bn (£90.8bn) has been wiped off Facebook’s market value, which includes a $17bn hit to the fortune
Twitter loses 1 million monthly users in Q2 2018, revenue grows to $711 million

Twitter loses 1 million monthly users in Q2 2018, revenue grows to $711 million

Twitter saw a slight dip in monthly active users during the second quarter of 2018, but exceeded revenue expectations. The number of monthly active users on Twitter dropped from 336 million in Q1 2018

Netflix plans to turn Phil Knight’s ‘Shoe Dog’ into a movie

Netflix has optioned Shoe Dog, the bestselling memoir by Nike co-founder and former CEO Phil Knight. While the streaming service has had its most high-profile success with original shows like Orange
While I Don’t Relish Gutting Newspaper Payrolls, Unfortunately Sometimes It’s Necessary So That I Can Have Slightly More Money

While I Don’t Relish Gutting Newspaper Payrolls, Unfortunately Sometimes It’s Necessary So That I Can Have Slightly More Money

In today’s increasingly difficult media landscape, there aren’t always easy solutions to the challenges publishers face. Earlier this week, Tronc, the newspaper company I lead, made the tough decision
Trump and Brexit: how can the US and UK media tackle a culture of lies?

Trump and Brexit: how can the US and UK media tackle a culture of lies?

Journalism is how we hold leaders to account between elections. But its power is facing an existential threatThis is a story of two media cultures struggling to cope with the political rise of brazen
The Twitter ‘Shadow Banning’ Controversy Is All Bad Faith

The Twitter ‘Shadow Banning’ Controversy Is All Bad Faith

Conservatives have spent years arguing that tech platforms are biased against them and suppressing their voices. On Wednesday, they appeared to get some damning proof. Vice News reported that Twitter
Discovery may launch its own streaming service, too

Discovery may launch its own streaming service, too

Following Discovery Communications $14.6 billion acquisition of Scripps Networks Interactive in March, the company is now toying with the idea of launching its own direct-to-consumer service.

Disney and Fox shareholders give acquisition the green light

With Comcast officially out of the way, Disney’s buyout of 21st Century Fox assets just took another major step toward reality. Shareholders from both mega media companies have approved the $71.3

MoviePass borrowed $5M to end yesterday’s outage

More bad news for subscription movie ticket service MoviePass, which acknowledged yesterday that there was an unidentified issue preventing people from using their MoviePass credit cards to get

Anchor opens a Manhattan studio where people can podcast for free

One of the best things about podcasting is the low barrier of entry. Anyone with a computer, internet connection and a little know-how can launch one. It’s a wonderfully democratized medium. The
Sports columnist melts down after college football player picks class over interview

Sports columnist melts down after college football player picks class over interview

Thursday was football media day for the Pac-12 conference, an annual event that gathers the coaches and several players from all 12 member schools in one place to talk with sports reporters about the

Roseanne Barr’s scatterbrained interview with Sean Hannity turns into a disaster

Call it the “Roseanne” spinoff we knew we never wanted. In response to ABC moving on from Roseanne Barr with “The Conners,” the disgraced star took her pity party over to Fox News Channel on Thursday

Viacom acquires Gen Z digital media company AwesomenessTV

Viacom today confirmed it’s acquiring digital media company AwesomenessTV, whose network reaches 158 million subscribers and approximately 300 million monthly views. The news follows a report from
Why unskippable Stories ads could revive Facebook

Why unskippable Stories ads could revive Facebook

Prepare for the invasion of the unskippables. If the Stories social media slideshow format is the future of mobile TV, it’s going to end up with commercials. Users won’t love them. And done wrong they
ProBeat: Facebook and Twitter are right to prioritize fixing their platforms over satisfying Wall Street

ProBeat: Facebook and Twitter are right to prioritize fixing their platforms over satisfying Wall Street

OPINION: Facebook and Twitter experienced double-digit stock declines this week after reporting earnings that Wall Street didn’t like. Here’s a headline that summarizes what’s happening with both
After brush with death, game journalist Scott Jones creates Heavily Pixelated podcast

After brush with death, game journalist Scott Jones creates Heavily Pixelated podcast

Veteran TV host and game journalist Scott Jones has had a lot of challenges in his life. None more so than in 2014, when he had a series of strokes that incapacitated him. It was a brush with death,
The HoloSuit delivers full-body tracking in a compact package

The HoloSuit delivers full-body tracking in a compact package

The HoloSuit is a full-body tracker designed for VR and AR platforms. It's impressive, but expensive.
4 Things to Know About Sexual Assault Allegations Against CBS’ Leslie Moonves

4 Things to Know About Sexual Assault Allegations Against CBS’ Leslie Moonves

The New Yorker publishes a story that, prior to publication, sent the media company's stock down nearly 10%.
Facebook suspends US conspiracy theorist Alex Jones

Facebook suspends US conspiracy theorist Alex Jones

InfoWars owner found to have violated social network’s community standardsAlex Jones, the American conspiracy theorist who runs the InfoWars website, has been suspended from Facebook for bullying and

Trump asked aides to look into banning reporters from CNN and Urban Radio Network: report

According to a report by the Washington Post, President Donald Trump has been pressing aides to figure out a way that he can ban reporters he feels are hostile to him. The Post reports that Trump has