You likely already have a major headache if you watched even a few minutes of the Republican-led House Oversight Committee grilling Twitter executives on Wednesday about the social media company and how it handled a New York Post story about Joe Biden’s son, Hunter, and his infamous laptop.
Twitter executives said they made a mistake blocking the story, but adamantly denied they were pressured to do so by Democrats. GOP members insist this is a prime example of Big Tech “censorship” against conservatives.
The Associated Press’ Farnoush Amiri and Barbara Ortutay wrote, “Emboldened by Twitter’s new leadership in billionaire Elon Musk — whom they see as more sympathetic to conservatives than the company’s previous administration — Republicans used the hearing to push a long-standing and unproven theory that social media companies including Twitter are biased against them.”
Yoel Roth, Twitter’s former head of trust and safety, testified, “The decisions here aren’t straightforward, and hindsight is 20/20. It isn’t obvious what the right response is to a suspected, but not confirmed, cyberattack by another government on a presidential election. … Twitter erred in this case because we wanted to avoid repeating the mistakes of 2016.”
Maryland Congressman Jamie Raskin, the top Democrat on the committee, said, “Twitter is a private, First Amendment-protected media entity. And you make your own decisions like Fox News makes its own decisions.” Then he added, “This has been a wild, cyber goose chase all day. It has turned up absolutely nothing.”
New York Democrat Alexandria Ocasio-Cortez said, “A whole hearing about a 24-hour hiccup in a right-wing political operation. That is why we are here right now. It’s an abuse of public resources and an abuse of public time. We could be talking about health care, we could be talking about bringing down the cost of prescription drugs, we could be talking about abortion rights, civil rights, voting rights. But instead we're talking about Hunter Biden's half-fake laptop story. I mean, this is an embarrassment.”
The New York Post didn’t take too kindly to AOC’s words, as you can see here in this thin-skinned response.
Twitter issues
Meanwhile, Twitter had a weird glitch on Wednesday. Some users were unable to tweet and got a message saying they had exceeded their daily limit for sending tweets. Of course, there is normally no limit on the number of tweets a user can send.
Disney to slash 7,000 jobs
In his first earnings report since coming out of retirement, Disney CEO Bob Iger dropped a bombshell on Wednesday. Disney plans to cut costs by about $5.5 billion and will lay off approximately 7,000 — about 4% of its total workforce worldwide.
Iger said, “While this is necessary to address the challenges we’re facing today, I do not make this decision lightly.”
Iger did not say when the layoffs would take place or which divisions of the company would be impacted. Disney is also making some organizational changes. The company will now be separated into three main divisions: theme parks, ESPN and entertainment, which includes movies and the Disney+ streaming service.
The New York Times’ Brooks Barnes wrote, “Content production and distribution, including streaming, will be housed in a single division (instead of two, which were sometimes at odds), with the exception of sports. To that end, ESPN and its streaming offshoot will become a stand-alone unit for the first time, a move that was instantly interpreted as making the sports behemoth easier to spin off or sell, should Disney decide to pursue such action.”
But Iger said, “We did not do it for that purpose. ESPN continues to create real value for us. We just have to figure out how to monetize it in a disrupting world.”
Iger also said, “We’re not engaged in any conversations right now or considering a spinoff of ESPN.”
Times gained a million digital subscribers in 2022
The New York Times reported Wednesday that it had gained one million digital-only subscribers last year. That does not include the approximately one million subscribers of The Athletic, the sports site the Times bought in early 2022.
The Times’ total number of paying subscribers is now at 9.6 million. It wants to get to 15 million by the end of 2027. Print subscribers have gone down from 795,000 to 730,000.
In a statement, Meredith Kopit Levien, the chief executive of the Times, said, “It was our second-best year for net digital subscriber additions, behind only 2020. Importantly, with each passing quarter, we saw more proof that there is strong demand for a bundle of our news and lifestyle products.”
The Times’ Katie Robertson has more from the Times’ quarterly report.
Walking out
Back in December, union members in The New York Times newsroom walked off the job to protest dragging negotiations for a new contract. Now another newsroom is expected to have a 24-hour walkout.
At NBC, more than 200 represented by the NewsGuild of New York are planning a one-day walkout today to protest the recent layoffs of seven union-covered journalists. The NBC Guild has been in contract negotiations with management since 2019.
The Washington Post’s Jeremy Barr reported, “Tate James, a video editor for NBC News who serves as chair of the unit, said the decision to walk out was borne out of a growing belief that NBC management is excluding the union from key employee matters, such as the process of negotiating layoffs and the terms of severance agreements. NBC management did not follow the correct steps before last month’s layoffs, the union has charged.”
James told Barr, “There was a general vibe of: If we’re not going to walk out over illegal layoffs, what are we doing here? NBC is not offering us anything worthwhile in bargaining, after years of trying. We need to see some change from management, and this might be the thing that moves them.”
An NBC News spokesperson told Barr, “We are disappointed by the NewsGuild’s continued attempts to misrepresent the facts while we work in good faith with them to reach an agreement.”
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