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January 23, 2026, 11:45 AM
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New York Times:
ByteDance strikes a deal with a group of non-Chinese investors to create a new TikTok US entity and avoid a federal ban, concluding a six-year legal saga  —  TikTok said on Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok …
Jonathan Vanian / CNBC:
Adam Presser, previously TikTok's head of operations and trust and safety, will be the CEO of TikTok USDS Joint Venture; TikTok CEO Shou Chew will be a director  —  TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the U.S. under the leadership of an American executive.
Financial Times:
TikTok's new majority US-owned JV includes investors Oracle, Silver Lake, and Abu Dhabi's MGX, each holding 15%, and Dell Family Office; ByteDance retains 19.9%  —  Video app sets up American unit to handle data and algorithm security  —  TikTok has established a US data security unit …
Sara Fischer / Axios:
Source: the TikTok US deal values it at just around $14B; TikTok's US entity makes roughly $14B annually in advertising revenues alone, per analyst estimates
Kif Leswing / CNBC:
Intel reports Q4 revenue down 4% YoY to $13.7B, vs. $13.4B est., Data Center and AI revenue up 9% to $4.7B, Q1 guidance below est.; INTC drops 10%+  —  Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Reuters:
Intel says it struggled to satisfy demand for its server chips used in AI data centers, and forecasts Q1 2026 revenue and profit below market estimates
Suvashree Ghosh / Bloomberg:
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down  —  The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …
Greg Bensinger / Reuters:
Sources: Amazon is planning a second round of job cuts next week as part of its goal of trimming 30,000 corporate workers, after cutting 14,000 jobs in October  —  Amazon (AMZN.O) is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers …
The Verge:
Epic v. Google: Epic and Google have a secret deal involving Unreal Engine, Fortnite, and Android, with Epic spending $800M over six years on Google services  —  “Sorry, I'm blowing this confidentiality.” … In a hearing in San Francisco today, the court revealed that Epic and Google …
Bloomberg:
Sources: UBS plans to make cryptocurrency investing available for some private banking clients in Switzerland, starting with bitcoin and ether  —  UBS Group AG plans to make cryptocurrency investing available for some private banking clients, in what could become a significant move …
Wall Street Journal:
Capital One agrees to acquire Brex, which specializes in tech to administer corporate credit cards, expenses, and rewards, for $5.15B in cash and stock  —  Deal would give credit-card issuer access to technology used by thousands of companies for corporate credit cards
Mark Gurman / Bloomberg:
Apple accuses the European Commission of “political delay tactics”, as the EC seems to be preparing to blame Apple for the shutdown of the Setapp app store  —  Apple Inc. accused the European Commission of using “political delay tactics” to postpone new app policies as a pretense to investigate and fine the iPhone maker.
Lee Chong Ming / Business Insider:
Sam Altman says OpenAI added more than $1B in annual recurring revenue in the past month “just from our API business”  —  - OpenAI has made more than $1 billion a month from something other than ChatGPT.  — That revenue comes “just from our API business,” Sam Altman said.
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Tamara Djurickovic / Tech.eu:
Mews, which makes AI-powered hospitality management software, raised a $300M Series D led by EQT Growth at a $2.5B valuation  —  The $300M Series D round will support Mews in scaling its AI-driven hospitality platform, expanding fintech capabilities, and accelerating growth across North America, Europe, and new markets.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 AM ET, January 23, 2026.

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

New York Times:
WaPo begins widespread layoffs, cutting into international coverage and more; sources: it is laying off 30% of its employees, including 300+ of 800 journalists

Todd Spangler / Variety:
Ex-WaPo Executive Editor Marty Baron says “this ranks among the darkest days in the history of” the paper; WaPo laid off Amazon beat reporter Caroline O'Donovan

Allie Canal / NBC News:
Trump says he will stay out of the Netflix-Paramount battle over WBD, a reversal from his December statement that he would be involved in the approval process

More News

Financial Times:
Sources: Ledger is working with banks on a US IPO that could value the French cryptocurrency company at more than $4B; it was valued at $1.5B in 2023
Kyle Baird / The Block:
BitGo closed up ~2.7% at $18.49 per share in its NYSE debut on Thursday which saw shares jump as much as 36% intraday, after raising $212.8M in its IPO

Earlier Picks

Jeff John Roberts / Fortune:
Binance files for a European MiCA license in Greece, where it has also set up a holding company
Lauren Forristal / TechCrunch:
Google launches free SAT practice exams in the Gemini app, providing students with performance analysis and detailed explanations for incorrect answers
Lawrence Abrams / BleepingComputer:
The curl project plans to end its HackerOne bug bounty program at the end of January, citing a surge in low-quality AI-generated vulnerability reports
Rebecca Bellan / TechCrunch:
Elon Musk says Tesla launched robotaxi rides in Austin with no human safety driver; Tesla's AI lead says Tesla is “starting with a few unsupervised vehicles”
Mark Gurman / Bloomberg:
Sources: Apple expanded the job of hardware chief John Ternus to manage design teams at the end of 2025, solidifying his status as a leading CEO candidate
Aisha Malik / TechCrunch:
Google rolls out Personal Intelligence in AI Mode, an opt-in feature that uses Gmail and Photos data for more tailored responses, for US AI Pro and Ultra users
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