After a tumultuous week that saw WordPress founder Matt Mullenweg ousted from his position as CEO of WordPress.com’s parent company Automattic by way of a board vote, the company has now issued a statement confirming that Mullenweg has returned to his position. Source: Automattic confirms Mullenweg has returned as CEO after attempted ouster by board | TechCrunch

Running a great magazine is hard. So is turning a money-losing magazine into a profit center. Nicholas Thompson has done both. The CEO of The Atlantic took the job in 2021, when it was gushing red ink and slashing its workforce. Today it's profitable, boasts 1.6 million subscribers, and revenue that Thompson says is "much bigger" than...

The Beehiiv Media Collective will add the longtime CBS News travel editor Peter Greenberg, former IndieWire editor-in-chief Dana Harris-Bridson, and tech and politics reporter David Covucci to its ranks. The collective now includes about 30 journalists that’ve gone independent. Source: Beehiiv adds three new journalists to its media collective | Nieman Journalism Lab

After the launch of many different retail media networks over the past few years, all these new divisions of various consumer-facing companies are now fighting for ad dollars. That brought many of them to New York City last week. Advertising events company Ascendant Network on Wednesday held Showcase, a retail and commerce media upfront for commerce media...

Media companies are spending hundreds of millions of dollars every month to buy the search traffic they used to get for free, according to Similarweb data shared with ADWEEK, as organic referrals continue to erode amid a broader shift toward zero-click search.  Source: Publishers Are Spending Hundreds of Millions a Month Buying Traffic

Press Gazette today launches a new tool for publishers that aims to protect them from publishing misleading AI-generated content. It follows this publication’s Reality Wars investigations into the rise of fake experts, infecting the news ecosystem with AI-generated commentary. Press Gazette also exposed fake freelance Margaux Blanchard who used AI to pitch invented news features which made...

The crowdsourced notes system, modeled on the one used by Elon Musk's X, is designed to supplant checks carried out by accredited newsrooms and fact-checking agencies, which Meta ended in the United States last year. Source: Meta tests fact-check replacement in Latin America

Anthropic said it had disrupted several potential plots this year by scientists who used its leading artificial intelligence models to conduct research that could have helped develop biological weapons. Source: Anthropic Says It Blocked Possible Efforts to Build Biological Weapons - The New York Times

Since it was launched nearly 36 years ago, IMDb has served as an online directory of TV shows and movies and the actors who appear in them. Source: IMDb Adds Digital Creator Profiles for the First Time

The Washington Post has said it is on track to break even this year. A spokesperson for the title shared the overarching financial update as acting CEO and publisher Jeff D’Onofrio was named in the roles on a permanent basis. Source: Washington Post 'on track to break even' after four years of losses - Press Gazette