Brazilian prosecutors charged American journalist Glenn Greenwald with cybercrimes on Tuesday for allegedly spreading cellphone messages "that have embarrassed prosecutors and tarnished the image of an anti-corruption task force," the New York Times reports.
The big picture: Greenwald, who is best known for publishing leaked documents from Edward Snowden about U.S. domestic surveillance, is a co-founder of The Intercept Brazil. The publication has faced attacks from far-right President Jair Bolsonaro after publishing leaked messages about a task force that prosecuted high-profile political figures, including former President Luiz Inácio Lula da Silva.
Twitch, the Amazon-owned video-streaming service that got its start with live video-gaming and esports, is expanding into other other verticals.
Why it matters: So many Silicon Valley social and video upstarts debut with a niche purpose, like Twitch with live-streaming esports or Discord with chatting about esports, but eventually broaden in scope as consumers find new uses for them.
The Athletic, a subscription-based digital sports media company, has raised $50 million in a Series D funding round, executives tell Axios.
With this investment, the company has raised a total of $139.5 million since its launch in 2016 and is valued at roughly $500 million after the new raise, according to sources familiar with the deal.
There were two themes that persisted in November's U.S. job openings and labor turnover survey (JOLTS) released on Friday — the stubborn quits rate and the consistent decline in the number of job openings.
The big picture: Job openings fell by 561,000 to 6.8 million, the Labor Department said, the biggest drop since August 2015. That pushed the number of job openings to the lowest level since February 2018.
Stock indexes around the globe have been roaring higher since the start of the year, but expectations of improved economic growth and soothed international tensions may be getting a bit ahead of themselves.
Driving the news: The IMF released its latest World Economic Outlook Monday, showing yet another revision lower of its expectations for global growth in 2019 and 2020. IMF head Kristalina Georgieva also issued a number of warnings, suggesting that the worst may not have passed yet.
After years of operating with minimal oversight or concern for user privacy, the advertising industry is finally beginning to adopt a privacy-first supply chain that it hopes will gain back the trust of frustrated consumers.
Why it matters: Even though the industry has banded together to push back against privacy regulations at the state level, it's found itself at odds over how it should proactively prepare for a more privacy-focused advertising ecosystem.
Digital publishing is doing something it hasn't done en masse since the dawn of the Internet: make money.
Why it matters: Business Insider, Vox Media, The Information, Axios and Politico all turned profits in 2019, in several cases for the first time ever, sources tell Axios. Others, like The Athletic, BuzzFeed and Vice, say they are expecting to do so this year.
The local news crisis is hitting major cities across America, proving that big papers aren't immune from the financial pressures that are causing a near collapse of hundreds of local outlets across the country. In some case, their problems are harder to solve.
Driving the news: In a desperate plea for help, two investigative reporters at The Chicago Tribune penned a New York Times editorial Sunday, foreshadowing signs of major cuts at the 173-year-old paper, following its acquisition by Alden Global Capital, a hedge fund known for cutting journalists at local papers to maximize profits.
French President Emmanuel Macron on Tuesday tweeted that he and President Trump held a “great discussion” on a tax on digital services considered by Paris and pledged to work on "a good agreement" with Washington "to avoid tariff escalation."
Why it matters: Macron and Trump agreed to avoid increasing tariffs and continue negotiations on the digital tax during until the end of the year, CNBC reports.
Established institutions like the media and government are no longer seen as competent or ethical enough to address crises like climate change and health care, according to Edelman's 2020 Trust Barometer study. So businesses are leading the way.
Between the lines: The survey shows a stark class divide — a growing gap in institutional trust between wealthier, more educated and better informed people vs. the rest of the population.
The New York Times editorial board has endorsed Sens. Elizabeth Warren and Amy Klobuchar for president, in a decision announced on national television Sunday night.
Why it matters: The board writes in its editorial it decided to break with convention and endorse two candidates in order to address the "radical and the realist models" voters are faced with by the 2020 Democratic field.
