Vodafone and France’s Altice announce a ~$7B joint venture to build fiber optic lines to up to 7M homes in Germany; the deal is expected to close in H1 2023 (Thomas Seal/Bloomberg)

James Batchelor / GamesIndustry.biz:
Nintendo announces a new joint venture, called Nintendo Systems, with DeNA, which co-developed several Nintendo titles for mobile, including Fire Emblem Heroes  —  New subsidiary will open in April 2023, focusing on research and development to improve Nintendo’s digital business  —  At a glance

Foo Yun Chee / Reuters:
Deutsche Telekom, Orange, Telefonica, Vodafone, and 12 other European telecoms argue that Meta, Google, Netflix, and other US giants should share network costs  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and 13 other European telecoms providers on Monday …

Politico:
A look at Huawei’s future in Europe, as sources say the company is scaling back in the UK, France, and Belgium to focus on China, following US sanctions  —  The Chinese tech giant is scaling back in Brussels, Paris and London and pivoting to its domestic market.  —  Laurens Cerulus and Sarah Wheaton

Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance releases the Matter 1.0 standard for smart homes and opens its certification program  —  The smart home standard is open for certification at last.  We could see Matter devices in our homes as soon as this month. … The Connectivity Standards Alliance …

Cecilia D’Anastasio / Bloomberg:
The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown  —  The once-thriving esports industry has fallen on hard times as funding sources dwindle and signs abound that athletic competition via video games …

Gené Teare / Crunchbase News:
European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups  —  European venture funding for third-quarter 2022 continues to fall, sliding to its lowest point in nearly two years as early-stage investment shows clear signs of weakness.