Techmeme
January 23, 2026, 1:00 PM

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:
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 …
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:
Ivan Mehta / TechCrunch:
Meta says it is pausing teens' access to its AI characters globally across all its apps as it develops a special version of an AI character for teens  —  Meta today said that it is pausing teens' access to its AI characters globally across all its apps.  The company mentioned that it is not abandoning …
Bluesky: @wowbaggert
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 …
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.
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 …
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 …
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
Bloomberg:
Source: smart ring maker Oura plans a tender offer for early investors at a 25% discount to its $11B valuation from Series E, aiming to stay private longer  —  Oura Health Oy, the maker of popular smart rings, is working on a tender offer for existing investors at a discount to its latest funding round …
Lucinda Shen / Axios:
Booz Allen Hamilton commits $400M to a16z's newest set of funds, for which a16z raised $15B+ in January; this is Booz Allen's first LP stake in any VC fund  —  Defense contractor Booz Allen Hamilton said Friday it is committing $400 million into Andreessen Horowitz's most recent set of funds.

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