What’s one thing broadcast journalists can never get enough of? Time. But Stephanie Haney, digital anchor and legal analyst at Tegna-owned Cleveland NBC affiliate WKYC, has all the time — and space — she needs.
Revenue jumped 56% to $28.58 billion from $18.32 billion. Analysts, on average, were expecting earnings of $3.04 per share and revenue of $24.85 billion, according to a poll by FactSet.
Digital Media Rights (DMR) has formed a new social media division that will curate content for social platforms in order to push distribution and create revenue and marketing opportunities. DMR Social starts out with a footprint of more than 17 million subscribers and followers on YouTube and Facebook across eight brands. Collectively they average more than 284 million video views and 8 million hours watched per month.
The San Francisco-based company earned $65.6 million, or 8 cents per share, in the April-June quarter. That’s up from a loss of $1.38 billion, or $1.75 per share, a year earlier. Revenue jumped 74% to $1.19 billion from $683.4 million, surpassing Wall Street’s expectations. Ad revenue in the U.S. alone nearly doubled.
Trump announced the action against Facebook, Twitter and Google’s YouTube, along with the companies’ CEOs, at a press conference in New Jersey on Wednesday. He was joined by other plaintiffs in the suits, which were filed in federal court in Miami.
Starting on Wednesday, the entertainment news show will expand its reach to the Snapchat Discover audience. Rachel Lindsay, who currently is a correspondent on the syndicated newsmagazine, will run down the headlines on the new platform.
Pinterest has announced a new global policy banning weight-loss ads, making it the first major social media platform to do so, according to the company. The policy is an expansion of its rules banning body-shaming and dangerous weight-loss products and claims, including pills and supplements, before and after imagery and weight-loss procedures.
In a bid to go head-on against TikTok and YouTube, Facebook’s Instagram will soon begin showing full-screen recommended videos in users’ feeds. “We’re no longer a photo-sharing app or a square photo-sharing app,” declared Adam Mosseri, head of Instagram (above), in a video posted to Twitter on Wednesday.
It would fine companies like Facebook, YouTube and Twitter if they permanently bar candidates for office in the state.
A federal judge today dismissed the Federal Trade Commission’s antitrust lawsuit against Facebook, concluding that the government failed to establish that the tech platform had a monopoly on social media networks. The judge, James E. Boasberg, still left open the possibility that the government could revive the case by amending its complaint.
Social media platforms can be beneficial for creating a community, boosting engagement, and driving traffic to main sites. The importance of people recognizing the media brand across different platforms is one key to accomplishing those benefits.
TVNewsCheck‘s Michael Depp talks with Brodie Fenlon, editor in chief of Canada’s CBC News, about the organization’s month-long suspension of comments on its stories posted on Facebook amid a climate of rising toxicity on social platforms.
In a shift that could help Google’s YouTube sidestep future political controversy, as well as make it more attractive to a broader audience, the social video site has announced that it has stopped taking ads related to elections and political content, alcohol, gambling and prescription drugs in its masthead ads.
The Associated Press’ recent firing of a young reporter for what she said on Twitter has somewhat unexpectedly turned company and industry attention to the flip side of social media engagement — the online abuse that many journalists face routinely.
A new executive order directs the Commerce Department to undertake what officials describe as an “evidence-based” analysis of transactions involving apps that are manufactured or supplied or controlled by China. Officials are particularly concerned about apps that collect users’ personal data or have connections to Chinese military or intelligence activities.
The two-year suspension is effective from Jan. 7, so Trump has 18 months to go. Nick Clegg, Facebook’s vice president of global affairs, wrote in a blog post Friday: “At the end of this period, we will look to experts to assess whether the risk to public safety has receded. We will evaluate external factors, including instances of violence, restrictions on peaceful assembly and other markers of civil unrest.”
Facebook plans to announce today that it will no longer automatically give politicians a pass when they break the company’s hate speech rules, a major reversal after years of criticism that it was too deferential to powerful figures during the Trump presidency.
Twitter is partnering with veteran climate journalist and meteorologist Eric Holthaus to launch a local weather news service on the platform called “Tomorrow” that will be built using all of Twitter’s new creator products — from paid newsletters to ticketed live audio rooms and more.
That announcement came hours after more than 100 AP journalists signed a letter expressing concern about how former news associate Emily Wilder was treated. The journalists want more clarity in what can be said on forums like Twitter and Facebook and faith the company would protect them from pressure campaigns.
President Joe Biden on Friday revoked former President Donald Trump’s controversial executive order that aimed to regulate social media companies’ editorial policies. The now-repealed “Order on Preventing Online Censorship” directed government officials to consider issuing rules that could tie web companies’ protection from lawsuits to the companies’ content-moderation policies.
What happens on Facebook has such big consequences, its quasi-independent Oversight Board can only do so much.
The social network’s quasi-independent Oversight Board has voted to uphold his ban from the platform after his account was suspended four months ago for inciting violence that led to the deadly Jan. 6 Capitol riot. But the board said Facebook must reassess the penalty because it imposed it “indefinitely.”
Former President Trump has rolled out a new tool to communicate with his supporters in lieu of platforms such as Twitter and Facebook, which banned his accounts. Trump’s platform, “From the Desk of Donald J. Trump,” features videos from the former president and statements from his leadership PAC, which have been sent out over email for several weeks.
The Facebook Oversight Board will announce its long-anticipated decision on the fate of former President Trump’s Facebook account at 9 a.m. ET on Wednesday. The board said last month that it had received more than 9,000 public responses concerning Trump’s indefinite suspension from Facebook and Instagram.
Last month, Cronkite News challenged itself to produce 30 TikToks in as many days — an effort to get the newsroom experimenting with the short-form mobile video platform that’s gained more than a billion users since its worldwide launch in 2017, but has yet to catch on widely with local TV stations. By the end of the month-long challenge, the newsroom had trounced its initial goal and produced 65 TikToks. Here’s what was learned.