Techmeme
January 23, 2026, 11:10 AM

Top News

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:
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:
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.
X: @sama
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  —  Apple Inc. has expanded the job of hardware chief John Ternus to include design work, solidifying his status as a leading contender …
Allie Garfinkle / Fortune:
Cubby, which makes software for self-storage operators, raised a $63M Series A led by Growth Equity at Goldman Sachs Alternatives  —  Senior Finance Reporter And Author Of Term Sheet  —  Wild things happen in the self-storage business.  —  In 2023, Matt Engfer was at back-to-back lien auctions in Texas.
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  —  French group enjoys record year as more investors seek protection from hacking  —  Ledger has tapped bankers for an initial public offering …

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