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October 3, 2023, 6:45 AM
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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
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  —  Satya Nadella says it will take more than ChatGPT to check Google's advantage in internet search  —  WASHINGTON—Google has used unfair tactics to hobble
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.
Molly White:
A preview of the Sam Bankman-Fried trial, which begins Tuesday 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' new book Going Infinite depicts Sam Bankman-Fried as delusional and criticizes FTX CEO John Ray III's handling of the exchange's bankruptcy  —  “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
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 …
CNBC:
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign  —  - Immediately following Dave Clark's abrupt ouster as CEO of Flexport, founder Ryan Petersen said the company was hiring too aggressively and needed to rein in spending.
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  —  Paris Hilton is getting her X on.  —  The influencer and entrepreneur — who has 16.6 million followers on X …
Josh Ye / Reuters:
Apple starts requiring a Chinese government license to publish new apps on its China App Store, joining local rivals that adopted the policy since at least 2017  —  Apple (AAPL.O) has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store …

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This is a Techmeme archive page. It shows how the site appeared at 6:45 AM ET, October 3, 2023.

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Mark Sweney / The Guardian:
National World, one of the UK's biggest newspaper groups, gets a £56.2M buyout offer from shareholder Media Concierge, a 40% premium to its Nov. 21 stock price

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

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

Earlier Picks

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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