News of Note—Discovery loses on Olympics, CenturyLink lays off 1,000 and more

> Discovery Inc. is reporting its first official quarterly results after successfully acquiring Scripps Networks, but the proceedings were marred somewhat by a loss brought on by Olympics programming costs. FierceVideo story

> CenturyLink says mergers and automation have forced the company to eliminate 1,000 positions. DSL Reports story

> Facebook Live is rolling out new features like persistent stream keys and live crossposting, which it hopes will simplify the broadcasting process for its creator community. FierceVideo story

> The CBRS Alliance is launching the OnGo brand today at its annual all-member meeting, where it’s also introducing a new OnGo certification program to support the burgeoning 3.5 GHz ecosystem in the U.S. FierceWireless story

> BT's Neil McRae, chief architect, said that NFV and other software-based technologies actually make service provider networks more complex, whereas common service models and automation provide deep insights to better manage networks while also rolling out products and services at a faster rate. FierceTelecom story