Techmeme
January 30, 2023, 10:10 PM

Top News

Hannah Murphy / Financial Times:
Kat Bailey / IGN:
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 …
Andrew J. Hawkins / The Verge:
Mercedes-Benz becomes the first approved for Level 3 self-driving in the US as Nevada allows Drive Pilot, which still requires the driver's face to stay visible  —  Mercedes-Benz announced that it was the first automaker to receive government approval in the US for a Level 3 driving feature.
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 …
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:
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:

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Earlier Picks

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Financial Times:
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Bloomberg: