Top News:
Sara Fischer / Axios:
Internal memo: TikTok has signed a deal to sell its US unit; Oracle, Silver Lake, MGX will collectively own 45% of the US entity, and ByteDance will retain ~20% — TikTok has signed a deal to sell its U.S. entity to a joint venture controlled by American investors, per an internal memo seen by Axios.
Discussion:
TheStreet, Android Central, Associated Press, CNET, ABC News, Forrester, Tubefilter, @sky.skymarchini.net, Bloomberg, Observer, Cautious Optimism, The Shortcut, Spyglass, HotAir, Tom's Guide, Semafor, Thurrott, Inc, Engadget, @billevanina, @danprimack, @gordongchang, @pkafka, @michaelsocolow, @michaelsobolik, @rushdoshi, @acedtect, @thestalwart, @mattwhitlock, @davidshepardson, @adamscochran, @senwarren, @mattzeitlin, @peterhamby, Entrepreneur, PR Daily, Gizmodo, Marketing Brew, PetaPixel, @swirlyball.bsky.social, Straight Arrow News, Quartz, BGR, @sarafischer, Tech Times, KnowTechie, Mediaite, AR Insider, Proactive, Finance Magnates, The Hill, CNN, Music Ally, Sharecast, Pixel Envy, @thebluenami.is.democrat, The Verge, Ukrainian National News, Benzinga, TRT World, Telecompaper, UPI, TechRadar, TechCrunch, @zackbeauchamp.bsky.social, MacRumors, Blockchain.News, TVREV, Dexerto, NPR, Tech in Asia, @pamspaulding.bsky.social, 9to5Mac, Mashable, Wall Street Journal, The Information, Fox Business, Cord Cutters News, @evacide@hachyderm.io, @demguardrails.bsky.social, Sara Fischer on LinkedIn, Sinocism, @carnage4life.bsky.social, NBC News, @dluneau.bsky.social, Reuters and NewsMax.com
RELATED:
Karl Bode / Techdirt:
The TikTok deal is the worst of all possible outcomes, shifting ownership of TikTok to Trump's allies, while maintaining the supposed problematic links to China — There were rumblings about this for a while, but it looks like the Trump TikTok deal is done, and it's somehow the worst …
Discussion:
Anadolu Ajansı …, @carnage4life.bsky.social, Barron's Online, @karlbode.com, @techdirt.com, CBS News and France 24
Financial Times:
Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing
Bloomberg:
Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025
Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025
Alex Weprin / The Hollywood Reporter:
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection
Discussion:
Simply Wall St, Appleosophy, mxdwn Music, Digital CxO, @bobdabalina.bsky.social, 9to5Google, CNBC, IWCP Online, The Guardian, CoinDesk, PCMag, Hürriyet Daily News, @warren.senate.gov, iClarified, Hypebeast, @jonathancohn.bsky.social, AppleInsider, @sambiddle.com, @mmasnick.bsky.social, Sports Business Journal, @sarahbauerled.bsky.social, @robertscotthorton.bsky.social, @karlbode.com, Baller Alert, The Wrap, @nitishpahwa.com and @bencollins.bsky.social
Max Knoblauch / Sherwood News:
Morgan Stanley: ad tiers account for 30% of Netflix subscribers and 50% of Disney+ subscribers; ad tiers accounted for all US net subscriber additions in 2025 — As streaming prices climb, ad-free subscribers are becoming a rarity. — A mass digital migration is taking place …
CNN:
A list of times the Trump administration tested the limits of the First Amendment during his second term, stoking alarm among civil rights experts and critics — Within weeks of retaking the White House, President Donald Trump boasted that he had “brought free speech back to America.”
Discussion:
@brianstelter and The City
Paul Glynn / BBC:
HarperCollins UK drops children's author and comedian David Walliams following allegations of inappropriate behavior toward young women — Best-selling children's author and comedian David Walliams has been dropped by his publisher HarperCollins UK, the company has said.
Daniel Thomas / Financial Times:
Interview with WPP CEO Cindy Rose, who says AI puts pressure on the ad agency's pricing and WPP has 10K data scientists and software engineers and 12K creatives — Advertising group's new CEO plans restructuring and says traditional agency model is from a ‘bygone era’
Discussion:
Alex Brandstetter on LinkedIn and Semafor
Robert D. McFadden / New York Times:
Lou Cannon, a veteran Washington Post reporter who wrote several influential biographies of Ronald Reagan, has died at 92 — He was a foremost authority on the president, tracing his career in unvarnished accounts from his time as California governor through his years in the White House.
Discussion:
Washington Post, The Wrap, The Santa Barbara Independent and Los Angeles Times
Ken Vogel / @kenvogel.bsky.social:
Politico ends its print edition after 19 years, as its early reliance on print ad revenue fades and its audience relies more on digital platforms — Politico's print paper was always something of a contradiction for an outlet that set out to prove that political journalism could thrive in the digital world.
Discussion:
@billkuchman.bsky.social and @kenvogel.bsky.social
Nicholas Henriquez / New Yorker:
The New Yorker has digitized its full archive covering 100 years, including covers and adding upgraded search capabilities; subscribers get unlimited access — For the first time, every cover, article, and issue in the magazine's hundred-year history can be enjoyed on newyorker.com.
Discussion:
Persuasion, @michaelluo.bsky.social, @tongli.bsky.social, @pgourevitch.bsky.social and Althouse
Blake Brittain / Reuters:
Google sues data scraping company SerpApi for allegedly using hundreds of millions of fake search requests to access copyrighted material from Google products — Google on Friday sued a Texas company that “scrapes” data from online search results, alleging it uses hundreds of millions …
Sarah Perez / TechCrunch:
Netflix acquires avatar creation platform Ready Player Me to let its subscribers carry their personas and fandoms across games; the startup raised $72M — After shifting its gaming strategy to focus more on games played on the TV, Netflix announced it's acquiring Ready Player Me, an avatar creation platform based in Estonia.
Jennifer Maas / Variety:
The Kansas City Chiefs launch Foolish Club Studios, a first for an NFL team, to produce scripted and unscripted content that “might only be sports-adjacent” — The Kansas City Chiefs are the undisputed NFL team of choice for Swifties — but the team's ultimate goal is total world fandom domination.
Discussion:
Us Weekly, Perez Hilton, The US Sun and Chicago Tribune
