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Techmeme
October 3, 2023, 1:25 PM
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Top News

Sam Schechner / Wall Street Journal:
Sources: in September, Meta pitched EU regulators a plan to charge Facebook and Instagram desktop users a subscription fee to avoid ads, starting at ~€10/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 began on October 3 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.
David Yaffe-Bellany / New York Times:
Michael Lewis' new book, Going Infinite, depicts SBF as delusional, but says his FTX collapse explanations have “remained 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 its China App Store, after China tightened its mobile app oversight in August 2023  —  Apple (AAPL.O) has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store …
Wall Street Journal:
Sources: Netflix plans to raise the price of its ad-free service a few months after the Hollywood actors strike ends, likely starting with the US and Canada  —  Company to become latest streamer to lift fees; Disney weighs launching new live-sports tier abroad
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.
Ingrid Lunden / TechCrunch:
LinkedIn unveils new OpenAI-powered AI features, including a LinkedIn Learning coach, a marketing campaigns tool, and for its Recruiter and Inside Sales tools  —  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.
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.”
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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From Mediagazer

New York Times:
Sources: the White House directed FBI Director Kash Patel to personally oversee the probe into NYT reporting about Air Force One, before subpoenas were issued

Brooks Barnes / New York Times:
Lionsgate's Michael crosses $1B at the global box office, its first film to reach the milestone, per Rentrak, reviving Hollywood's last major independent studio

Joe Mandese / MediaPost:
The Media Rating Council's quarterly accreditation status updates show VideoAmp and Nielsen One have pulled out of the accreditation process

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
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
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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