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January 30, 2023, 9:50 PM
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Top News

Hannah Murphy / Financial Times:
Sources detail Twitter's nascent moves to facilitate payments, a key to becoming a “super app”, as the company files for regulatory licenses across the US  —  Company has started applying for US state licences in bid for fresh revenues beyond advertising
Kat Bailey / IGN:
Sources: Microsoft, Nintendo, and Sony won't be part of E3 to be held in-person from June 13 to June 16, 2023; conference didn't happen in 2022 due to COVID-19  —  All three of gaming's first-party console manufacturers appear poised to skip E3's big return.
Raymond Wong / Inverse:
Nothing CEO Carl Pei says the company had $200M+ in 2022 revenue, up from ~$24M in 2021, and plans to launch a “more premium” Phone (2) in 2023 aimed at the US  —  Nothing CEO Carl Pei tells Inverse the next phone will be “more premium,” the U.S. is the top priority in 2023 …
Jon Porter / The Verge:
Kuo: Apple plans to release a foldable iPad in 2024, featuring a carbon fiber kickstand, as well as a refreshed iPad mini, after possibly no new tablets in 2023  —  Apple could be on track to release a foldable iPad as early as next year, according to supply chain analyst Ming-Chi Kuo.
New York Times:
Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital which is committing $1B; Stripe was valued at ~$95B in 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
Matt Tamanini / The Streamable:
Paramount Global plans to merge its Showtime streaming service with the ad-free tier of Paramount+ and rebrand it as “Paramount+ with SHOWTIME”, later in 2023  —  It's been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm …
Josh Eidelson / Bloomberg:
NLRB says Apple exec comments and policies imposed on staff violate workers' rights, after complaints by ex-employees Ashley Gjøvik and Cher Scarlett in 2021  —  Comments by Apple Inc. executives and policies imposed on employees have been deemed illegal by US National Labor Relations Board prosecutors …
Andrew J. Hawkins / The Verge:
Mercedes-Benz becomes the first with Level 3 self-driving in the US as Nevada allows Drive Pilot, which requires the driver's face to stay visible, up to 40 mph  —  Mercedes-Benz announced that it was the first automaker to receive government approval in the US for a Level 3 driving feature.
More: Insider, Gizmodo, and EVMagz
Mastodon: @carnage4life@mas.to.  Tweets: @jmchatton and @sethjuarez
Mary Ann Azevedo / TechCrunch:
Payment card services company Marqeta agrees to acquire New York-based fintech infrastructure startup Power Finance for $223M, plus $52M subject to a milestone  —  Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash …
John D. McKinnon / Wall Street Journal:
TikTok CEO Shou Zi Chew plans to testify before the US House Energy and Commerce Committee on March 23, the first appearance by a TikTok CEO before Congress  —  Republicans are expected to use hearing to highlight security and privacy concerns over video app  —  TikTok Offers More Transparency to Win Over U.S. Regulators
John D. McKinnon / Wall Street Journal:
The US' Berman amendments, passed during the Cold War to protect the free flow of content between the US and hostile countries, may complicate a TikTok ban
Sankalp Phartiyal / Bloomberg:
Sources: key Apple supplier Jabil begins making AirPods enclosures, or plastic bodies, in India before shipping them to China and Vietnam for earbuds assembly  —  A key Apple Inc. supplier has begun making components for AirPods in India, marking a significant step in the US tech giant's push to expand production in the country.
Wall Street Journal:
If the US wins its Google antitrust case, a spinoff is more likely than a sale, valuing the ad businesses at tens of billions and giving advertisers more choice  —  If government prevails, an asset spinoff is thought to be more likely than a sale  —  Google spent the better part …
Dave Michaels / Wall Street Journal:
A profile of Jonathan Kanter, the DOJ's assistant AG for antitrust, a longtime Google foe who filed the US anti-monopoly lawsuit to break up its ad business

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This is a Techmeme archive page. It shows how the site appeared at 9:50 PM ET, January 30, 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

Thomas Buckley / Bloomberg:
Sources: Disney eyes laying off thousands, asking some managers to target 20% in annual cost savings, which could come from job cuts and expense reductions

Blake Brittain / Reuters:
The NYT, the New York Daily News, and others sue browser maker Brave for allegedly scraping their articles for AI training and letting users bypass paywalls

Laya Neelakandan / CNBC:
Versant reports Q3 revenue down 4% YoY to $1.59B, EPS of $0.34, vs. $0.05 est., platforms revenue up 10%, ad revenue down 5%, and reaffirms its FY 2026 guidance

More News

Jon Porter / The Verge:
What to expect from Samsung's Unpacked event on February 1: Galaxy S23, S23 Plus, S23 Ultra, and Galaxy Book 3, but likely no tablets, earbuds, or smartwatches
Andre Romani / Reuters:
Mastercard and Binance expand the prepaid Binance Card beta from Argentina to Brazil, seeking to “broaden the connection between traditional finance and crypto”

Earlier Picks

Henry Mance / Financial Times:
An interview with Harvard Business School professor Shoshana Zuboff on her frustrations with fragmented efforts to restrain tech companies, privacy, and more
Financial Times:
The English Premier League strikes a four-year licensing deal with blockchain fantasy sports startup Sorare; sources: Sorare will pay tens of millions per year
Naomi Nix / Washington Post:
After layoffs, Meta and other tech companies that used remote work during the pandemic to make progress in diversity face an uphill battle continuing with DEI
Bloomberg:
The memory chip sector, known for its boom-and-bust cycles, is facing one if its worst routs ever, as an inventory glut and a market share fight crater prices
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