In the news this week, Silicon Valley billionaire Peter Thiel admits to bankrolling Hulk Hogan’s lawsuit against Gawker Media; Vice Media lays off 20 staffers but plans to expand with offices in San Francisco and Hong Kong; and European Union regulators want streaming services like Netflix to fund local content. Our Metric of the Week is Twitter character counts, and our special guests are Soraya Chemlay & Catherine Buni, who wrote an eye-opening piece on content moderators at YouTube, Facebook, Twitter and other social platforms.

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