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Techmeme
October 3, 2023, 10:50 AM
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Sam Schechner / Wall Street Journal:
Sources: Meta pitched a plan to EU regulators to charge European users a subscription fee to use Facebook and Instagram without ads starting at €10 per month  —  European users would have option to pay fee or agree to personalized ads, according to company's pitch to regulators
David Yaffe-Bellany / New York Times:
Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove”  —  “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
Molly White:
A preview of the Sam Bankman-Fried trial, which begins today with jury selection, the seven charges, key witnesses, the likely legal strategies, and more  —  Key witnesses and the likely legal strategies about to unfold in the historic case ahead. … Tomorrow, all eyes turn to New York …
Josh Ye / Reuters:
Apple starts requiring a Chinese government license to publish new apps on the China App Store, after China tightened its oversight over mobile apps in August  —  Apple (AAPL.O) has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store …
Todd Spangler / Variety:
TikTok confirms the company is running a limited-scale test of an ad-free subscription plan, but only says the market is not the US and does not share the price  —  TikTok is exploring a new way to make money: The popular video app has kicked off a limited-scale test of a monthly subscription service that eliminates ads.
Nikki Ekstein / Bloomberg:
An interview with Airbnb CEO Brian Chesky on affordable prices, reliability, proper customer support, using AI for quality control, a loyalty program, and more  —  “We never fully built the foundation,” Brian Chesky says in a revelatory interview.  “It had four pillars when we needed to have 10.”
Wall Street Journal:
US v. Google: Satya Nadella says Google cemented its search dominance via default search deals with Apple and he may have been overenthusiastic about ChatGPT  —  Satya Nadella says it will take more than ChatGPT to check Google's advantage in internet search  —  WASHINGTON—Google has used unfair tactics to hobble
Steven Ehrlich / Forbes:
Email: Chainalysis lays off ~150 employees, or 15%+ of its workforce, and plans to focus on government contracts; the company cut staff by ~5% in February 2023  —  Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900, CEO Michael Gronager told employees …
Lauren Forristal / TechCrunch:
Wattpad replaces its Paid Stories paywall with Wattpad Originals, a freemium tier that lets readers buy chapters with coins or through Premium+ for $7.49/month  —  After launching its “Paid Stories” program in 2019, the social storytelling platform Wattpad is now replacing it with a new freemium model called …
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From Mediagazer

Michael M. Grynbaum / New York Times:
More than 250 ex-broadcast journalists urge WHCA dinner organizers “to forcefully demonstrate opposition” to Trump's “efforts to trample freedom of the press”

New York Times:
Filing: The Onion proposes a new deal for Infowars, licensing Infowars.com for $81,000 per month for six months initially; the deal requires a judge's approval

Matthew Gault / 404 Media:
A Forbes story about a Louisiana man killing 8 children contained a ForbesPredict box asking readers to predict whether Congress would pass new gun safety laws

More News

Sylvia Varnham O'Regan / The Information:
Source: Instagram seeks to revive interest in Threads by getting creators to post more, making Threads a place for real-time updates about big events, and more

Earlier Picks

Wall Street Journal:
Sources: ByteDance offers to buy back staff shares at a $223.5B valuation, down nearly 26% YoY, and made $20B+ in 2022 operating profit as revenue growth slowed
CNBC:
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign
Todd Spangler / Variety:
Paris Hilton and her company 11:11 Media sign a partnership with X to create four original video content programs per year to promote X's Live Shopping product
Emma Roth / The Verge:
What to expect from the “Made by Google” event on October 4: the Pixel 8 and Pixel 8 Pro, the Pixel Watch 2, Android 14's release, and more
Monica Chin / The Verge:
Google launches Chromebook Plus, a premium Chromebook category with qualifying specs like a 1080p webcam, a 1080p IPS display, 8GB of RAM, and 128GB of storage
Ryan Weeks / The Block:
Singapore grants Coinbase a Major Payment Institution license, letting the company offer more Digital Payment Token services to retail and institutional clients
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