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December 15, 2022, 5:50 PM
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Tim Peterson / Digiday:
Five agency executives say Netflix is delivering ~80% of the expected viewers for its ad-supported tier and structured its ad deals to release any unspent money  —  For as quickly as Netflix brought its ad-supported tier to market, the streamer's advertising business is off to a slow start.
Simon Sharwood / The Register:
Microsoft quietly updates its TOS to prohibit crypto mining on Azure and other services without “prior written approval”, citing “disruption or even impairment”  —  Windows giant fears coin crafting may upend its servers  —  UPDATED Microsoft has quietly banned cryptocurrency mining …
Dave Lee / Financial Times:
Filing: Elon Musk sells 22M Tesla shares, worth almost $3.6B, his fourth sale since his Twitter takeover bid and third since tweeting “no further TSLA sales”  —  Billionaire has sold $23bn of stock in EV group since announcing Twitter takeover  —  Elon Musk has offloaded another tranche …
Mia Sato / The Verge:
Instagram launches a tool for getting help recovering a hacked account, accessing an account after forgetting the password, and reporting impersonation accounts  —  Instagram users who are victims of hacking now have a new way to try to claw back their account.
Bloomberg:
Internal FTX documentation: a GitHub account bearing the name of former engineering director Nishad Singh authored code to hide Alameda's ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research's ballooning liabilities …
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses
David Klepper / Associated Press:
CCDH: when researchers liked self-harm and eating disorder videos on TikTok in the US, the UK, Canada, and Australia, the app recommended more similar content  —  TikTok's algorithms are promoting videos about self-harm and eating disorders to vulnerable teens, according to a report published Wednesday …
Chainalysis:
An analysis of weekly realized gains and losses of personal crypto wallets in 2022: UST caused $20.5B in losses, Celsius and 3AC caused $33B, and FTX caused $9B  —  Allow us to state the obvious: There's been a lot of doom and gloom in conversations around cryptocurrency over the last month.
Paul J. Davies / Bloomberg:
An attempt to understand how much real-world money was lost by SBF and FTX, a key question for the SEC, suggests only a fraction of crypto's peak $3T valuation
Jennifer Pattison Tuohy / The Verge:
Google finishes rolling out the Matter smart home standard to Android and Nest, following Apple and Samsung; Amazon plans to support Matter by the end of 2022  —  Google announced today that it has completed the initial rollout of Matter to its Google Nest products and Android OS.
Kellen Browning / New York Times:
Amazon Games plans to publish Crystal Dynamics' next Tomb Raider, marking Amazon's first major, single-player game, currently in early development  —  The title will be the first major single-player game for Amazon.  It is a coup for the retail giant, which has struggled to gain traction with its video game business.
Taryn Plumb / VentureBeat:
Amazon Web Services, Meta, Microsoft, TomTom, and the Linux Foundation launch the Overture Maps Foundation, aiming to build interoperable, open-source map data  —  Think about it: Maps are fundamental to human evolution, exploration, innovation.  —  Since the first maps were drawn up in the 5th …
Al Weaver / The Hill:
The US Senate unanimously passes the No TikTok on Government Devices Act over security concerns about China-based ByteDance, after 13 states set similar bans  —  The Senate on Wednesday unanimously approved legislation that would ban the use of TikTok on government phones and devices as part …
CNBC:
After being named in an FTX lawsuit along with Tom Brady, Steph Curry, and Larry David, Shaquille O'Neal says he was “just a paid spokesperson for a commercial”  —  Shaquille O'Neal wants to make one thing clear: He doesn't believe in crypto, if he ever did.
Bloomberg:
Filing: the DOJ's US Trustee unit names nine creditors to FTX's bankruptcy committee that could shape payout plans, including units from Genesis and Wintermute
Sebastian Moss / DCD:
Sources: Meta reviews some of its 11 in-development data center projects globally and lays off a Danish contractor, as part of a design change for AI workloads  —  As it plans radical shift to AI data centers  —  Meta is reviewing a number of under-construction data center projects around …
More: Bloomberg
Financial Times:
The US Commerce Department puts 36 Chinese companies on its entity list, including chipmaker Yangtze Memory Technologies and AI chipmaker Cambricon  —  ‘Entity list’ changes are focused on limiting development of advanced chips in China  —  The US has placed three dozen Chinese companies …
Zack Beauchamp / Vox:
A look at The Managerial Revolution, a book from 1941 predicting the “managerial class” supplanting capitalists, which could help explain Elon Musk's Twitter  —  The long shadow of James Burnham's The Managerial Revolution.  —  Since the launch of the so-called “Twitter Files” …
Keith Zhai / Wall Street Journal:
Sources: aiming for 5%+ economic growth in 2023, Chinese officials reassess their tech policies and plan to close lengthy investigations into internet companies  —  Senior officials are setting a robust GDP growth target of more than 5% for next year as they loosen Covid rules and de-emphasize ideology
Debby Wu / Bloomberg:
Foxconn eases most of its anti-COVID-19 restrictions at its Zhengzhou factory, such as limiting workers' daily movements to only between dorms and the campus
Alexander Martin / The Record:
Meta reports taking down 200+ coordinated inauthentic behavior operations since 2016, spread across over 100 countries, most focused on their domestic audience  —  Six years on from the shock discovery of Russian interference during the 2016 presidential election — and in the face …
Bloomberg:
About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits  —  About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges, sending shares surging.

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This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, December 15, 2022.

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From Mediagazer

The Hollywood Reporter:
Sources detail James Gunn and Peter Safran's DC ouster, including tensions with Skydance Motion Picture Group co-chairs Josh Greenstein and Dana Goldberg

The Guardian:
The Guardian and ITV publish an investigation into TV presenter David Walliams, who lost a court bid to stop them from publishing sexual misconduct allegations

Suzanne Monyak / Bloomberg Law:
A federal appeals court upholds an August 2025 ruling that Trump officials can't fire VOA director Michael Abramowitz without approval from an independent board

More News

Marco Quiroz-Gutierrez / Fortune:
The UNHCR, the UN's refugee agency, launches an aid program to distribute USDC on the Stellar blockchain to internally displaced Ukrainians via Vibrant wallets
Byron Kaye / Reuters:
Australia's e-Safety Commissioner says Apple and Microsoft are not doing enough to stop CSAM on their storage services, calling their responses “alarming”
MK Manoylov / The Block:
Binance's spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties

Earlier Picks

Reuters:
Microsoft plans to roll out its “EU data boundary”, letting EU cloud customers process and store data in the region from January 1, starting with customer data
Paresh Dave / Reuters:
The US sentences ex-Twitter employee Ahmad Abouammo to 3.5 years in prison after he was convicted in August 2022 of spying for Saudi Arabia by sharing user data
William Turton / Bloomberg:
The US DOJ seized 48 websites and charged six people for allegedly running “booter” DDoS-for-hire services used to launch millions of attacks globally
Ryan Mac / New York Times:
Twitter updates its private information and media policy with new rules, including suspending accounts “dedicated to sharing someone else's live location”
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