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Techmeme
October 3, 2023, 12:05 PM
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Top News

Sam Schechner / Wall Street Journal:
Sources: Meta pitched a plan to EU regulators to charge European users a subscription fee to use Facebook and Instagram without ads starting at €10 per month  —  European users would have option to pay fee or agree to personalized ads, according to company's pitch to regulators
Molly White:
A preview of the Sam Bankman-Fried trial, which begins today with jury selection, the seven charges, key witnesses, the likely legal strategies, and more  —  Key witnesses and the likely legal strategies about to unfold in the historic case ahead. … Tomorrow, all eyes turn to New York …
David Yaffe-Bellany / New York Times:
Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove”  —  “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
Josh Ye / Reuters:
Apple starts requiring a Chinese government license to publish new apps on the China App Store, after China tightened its oversight over mobile apps in August  —  Apple (AAPL.O) has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store …
Todd Spangler / Variety:
TikTok confirms the company is running a limited-scale test of an ad-free subscription plan, but only says the market is not the US and does not share the price  —  TikTok is exploring a new way to make money: The popular video app has kicked off a limited-scale test of a monthly subscription service that eliminates ads.
Imran Rahman-Jones / BBC:
The FCC fines Dish Network $150,000 for failing to move its old EchoStar-7 satellite far enough away from others in use, the FCC's first space junk fine  —  The US government has issued its first ever fine to a company for leaving space junk orbiting the Earth.
Ingrid Lunden / TechCrunch:
LinkedIn unveils several new AI features powered by OpenAI including a LinkedIn Learning coach, and marketing, sales, and recruiting tools with AI assistance  —  LinkedIn — the Microsoft-owned social platform for those networking for work or recruitment — is now 21 years old, an aeon in the world of technology.
Nikki Ekstein / Bloomberg:
An interview with Airbnb CEO Brian Chesky on affordable prices, reliability, proper customer support, using AI for quality control, a loyalty program, and more  —  “We never fully built the foundation,” Brian Chesky says in a revelatory interview.  “It had four pillars when we needed to have 10.”
Steven Ehrlich / Forbes:
Email: Chainalysis lays off ~150 employees, or 15%+ of its workforce, and plans to focus on government contracts; the company cut staff by ~5% in February 2023  —  Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900, CEO Michael Gronager told employees …

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This is a Techmeme archive page. It shows how the site appeared at 12:05 PM ET, October 3, 2023.

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From Mediagazer

David Folkenflik / NPR:
Kari Lake says OAN will provide its newsfeed and video service “free-of-charge” to USAGM networks, including VOA, OCB, and Radio Martí

Lachlan Cartwright / Breaker:
Sources: NYT reporter Rob Copeland filed a HR complaint against editor Ellen Pollock after she threatened to “kill” him if a Harvard story exceeded 2,000 words

Katie Robertson / New York Times:
The NYT reports adding 250K digital-only subscribers in Q1, taking its total subscribers to 11.6M+; digital ad revenue rose 12.4% YoY to $70.9M

More News

Sylvia Varnham O'Regan / The Information:
Source: Instagram seeks to revive interest in Threads by getting creators to post more, making Threads a place for real-time updates about big events, and more
Wall Street Journal:
Sources: ByteDance offers to buy back staff shares at a $223.5B valuation, down nearly 26% YoY, and made $20B+ in 2022 operating profit as revenue growth slowed

Earlier Picks

CNBC:
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign
Wall Street Journal:
US v. Google: Satya Nadella says Google cemented its search dominance via default search deals with Apple and he may have been overenthusiastic about ChatGPT
Todd Spangler / Variety:
Paris Hilton and her company 11:11 Media sign a partnership with X to create four original video content programs per year to promote X's Live Shopping product
Emma Roth / The Verge:
What to expect from the “Made by Google” event on October 4: the Pixel 8 and Pixel 8 Pro, the Pixel Watch 2, Android 14's release, and more
Monica Chin / The Verge:
Google launches Chromebook Plus, a premium Chromebook category with qualifying specs like a 1080p webcam, a 1080p IPS display, 8GB of RAM, and 128GB of storage
Ryan Weeks / The Block:
Singapore grants Coinbase a Major Payment Institution license, letting the company offer more Digital Payment Token services to retail and institutional clients
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