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Techmeme
January 23, 2026, 5:00 PM
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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
Jim Secreto / Financial Times:
The US' TikTok deal is a win for ByteDance: it will keep and license the algorithm instead of selling it, and continue to run TikTok's commercial activities
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%
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
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 …
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.
More: Pulse 2.0
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  —  Intel (INTC.O) said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue …
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 …
Chris Welch / Bloomberg:
Meta, EssilorLuxottica Sued in Smart Glasses Patent Case  —  Meta Platforms Inc., the reigning leader in the growing smart glasses category, is being sued by another glasses maker over patent infringement in a case that also targets the US entity of eyewear giant EssilorLuxottica SA and its Oakley subsidiary.
More: Reuters and Engadget

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:00 PM 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

Devlin Barrett / New York Times:
Sources: the DOJ issued a subpoena to NYT freelancer Matthew Cole, seeking to force him to reveal his sources about a failed top secret mission in North Korea

Stephen Council / Business Insider:
Sensor Tower estimate: ChatGPT advertisers grew from around 300 in April to more than 820 in July; retail shopping remains the biggest sector by ad spend

Nancy Scola / Washingtonian:
A deep look at FCC Chairman Brendan Carr's moves favoring the Trump administration; former chair Tom Wheeler warns against the agency becoming a political tool

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

Earlier Picks

Financial Times:
Netflix co-CEO Greg Peters expects Netflix to win WBD, says Paramount's bid “doesn't pass the sniff test” and a “very small” number of WBD holders backed it
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
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
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
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
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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