 Kimberly Guilfoyle |
Kimberly Guilfoyle and Fox News have ended their relationship. The co-host of Fox’s “The Five” is leaving the network to hit the 2018 midterm campaign trail with her reported boyfriend, Donald Trump Jr., who is expected to campaign for Republican candidates across the country. Trump Jr. spokesman Andrew Surabian sent out a tweet Friday that Guilfoyle joining the president’s son to support GOP candidates “is a win for the entire GOP,” adding that “Kim is one of the most influential voices in the #MAGA movement and knows how to light up a crowd.” A big Fox News fan, president Trump often tweets about its programming and his appearances on the network. Formerly the wife of California gubernatorial candidate Gavin Newsom, a Democrat, Guilfoyle joined the Fox team in 2006.
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Radio Free Europe/Radio Liberty, whose broadcasts are typically limited to audiences in Europe, Asia and the Middle East, has been using Facebook to target ads at United States citizens, according to a report in the New York Times. The move potentially violates laws meant to protect Americans from domestic propaganda. The ads included several human-interest stories about Russia and a graphic about NATO’s popularity. The NATO graphic ran on July 13, just after the president slammed NATO members at their Brussels summit. None of the posts in questions were labeled as political ads by Facebook’s algorithm, meaning that the amount spent on them was not disclosed. The organization, which is overseen by John F. Lansing, who was appointed during the Obama administration, said in a statement that it had purchased the ads, as well as ads in 14 other countries, to reach Facebook users who spoke specific languages. After being contacted by the Times, Radio Free Europe/Radio Liberty took down the ads.
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Facebook has suspended data analytics firm Crimson Hexagon over possible violations of Facebook’s policies regarding how its public data is collected and shared, according to the Wall Street Journal. Boston-based Crimson Hexagon, which says it has collected more than one trillion social media posts from Twitter and Instagram as well as Facebook, includes among its clients a Russian nonprofit organization with ties to the Kremlin and several U.S. government agencies. Facebook says that its investigation has to this point not shown any evidence that information was inappropriately collected from either Facebook or Instagram. The company also says that Crimson Hexagon is cooperating with the investigation. “We do not collect private data from social media providers or anyone else,” said Crimson Hexagon chief technology Chris Bingham.
 Jeff Zucker |
CNN president Jeff Zucker is taking a six-week leave in order to have elective surgery for a heart condition. Michael Bass, programming EVP at the network, will take over for Zucker during his absence. Zucker suffers from hypertrophic cardiomyopathy, a condition in which the heart muscle becomes abnormally thick, and was told that he required surgery to implant a defibrillator to treat it. According to the Los Angeles Times, Zucker chose an August date for the surgery, since the month is usually a slower one for news. CNN has seen a sizeable increase in its viewership over the course of the Trump administration, with profits above $1 billion for each of the last two years.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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