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Techmeme
October 3, 2023, 12:20 PM
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Top News

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
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 …
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.
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 …
Imran Rahman-Jones / BBC:
The FCC fines Dish Network $150,000 for failing to move its old EchoStar-7 satellite far enough away from others in use, the FCC's first space junk fine  —  The US government has issued its first ever fine to a company for leaving space junk orbiting the Earth.
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
Ingrid Lunden / TechCrunch:
LinkedIn unveils several new AI features powered by OpenAI including a LinkedIn Learning coach, and marketing, sales, and recruiting tools with AI assistance  —  LinkedIn — the Microsoft-owned social platform for those networking for work or recruitment — is now 21 years old, an aeon in the world of technology.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, October 3, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Thomas Buckley / Bloomberg:
Sony Pictures Entertainment invests $100M in Cosm, a startup specializing in immersive, large-screen theaters, which has partnerships with NBCUniversal and WBD

Ethan Millman / The Hollywood Reporter:
Court docs: Live Nation CEO Michael Rapino spoke with President Trump in the weeks before the company settled with the DOJ in its monopoly lawsuit

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
Zack Whittaker / TechCrunch:
Filing: Virginia-based cybersecurity company IronNet, which was founded in 2014 by a former NSA director and raised $400M+, has shut down and laid off its staff

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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