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1:00 PM ET, January 23, 2026

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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 …
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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  —  TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the United States.
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%  —  Video app launches US joint venture with American investors to enact deal criticised by China hawks
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
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  —  Co-chief Greg Peters says Netflix is winning Warner Bros shareholder support for a deal that would upend Hollywood
RELATED:
Ben Thompson / Stratechery:   Q&A with Netflix co-CEO Greg Peters on Netflix's stock roller coaster, viewer engagement, ads, the WBD acquisition, regulation, competition, Hollywood, and more
Zach Montague / New York Times:
Unsealed court documents show the Trump administration revoked Tufts student Rumeysa Ozturk's visa based on her op-ed in the Tufts Daily student paper  —  Documents unsealed by a federal judge on Thursday include dossiers that investigators prepared on pro-Palestinian student activists before they were targeted for deportation.
Sean Hollister / The Verge:
Google says replacing some article headlines with AI-generated ones is now a feature in Discover, but they can be false or fail to highlight new, relevant info  —  It now says AI headlines are a ‘feature,’ not an experiment. … In early December, I brought you the news that Google …
Mia Galuppo / The Hollywood Reporter:
AMC Networks' Sundance Now rebrands from offering scripted TV to airing indie film and festival titles, for $7.99/month, as this year's Sundance Festival begins  —  AMC Networks runs the shingle that previously had scripted TV offerings.  —  As the Sundance Film Festival gets started …
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Matthew Keys / TheDesk.net:
AMC Networks says Chief Financial Officer Patrick O'Connell will depart the company in March to “pursue an opportunity outside of the media industry”  —  AMC Networks says its Chief Financial Officer Patrick O'Connell will depart the company in March.
 
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 More News: 
Ashley Carman / Bloomberg:
British podcasters like Steven Bartlett of The Diary of a CEO are adopting various strategies, including moving to the US, to break into the larger US market
Discussion: Edison Research
 Earlier Picks: 
Tom Jones / Poynter:
White House Press Secretary Karoline Leavitt denied that Trump mixed up Iceland and Greenland in his WEF speech, despite video evidence
Alisa Vasquez / Politico:
Politico names Tessa Berenson Rogers as Politico Magazine's editor and Giuseppe Macri as Playbook editor
Discussion: Talking Biz News
Hannah Rabinowitz / CNN:
Source: a federal judge rejected the US DOJ's initial attempt to charge Don Lemon for appearing alongside protesters that interrupted a Minnesota church service
 

 
From Techmeme:

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

Isabelle Bousquette / Wall Street Journal:
How Anthropic, OpenAI, and Google are testing AI models by having them play Pokémon Blue on Twitch to track a model's ability to reason and make decisions

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
 
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