Techmeme
July 13, 2022, 8:10 PM

Top News

The Verge:
Netflix announces Microsoft as its “global advertising technology and sales partner” for its upcoming ad-supported streaming tier  —  Microsoft will become Netflix's ‘global advertising technology and sales partner’  —  Netflix is partnering with Microsoft for its upcoming ad …
Lora Kolodny / CNBC:
Andrej Karpathy, director of AI at Tesla, announces he's leaving the company after five years; Karpathy led Tesla's Autopilot Vision team  —  - Tesla's AI leader Andrej Karpathy announced on Wednesday that he is leaving the company.  — Karpathy worked for Elon Musk's electric vehicle venture …
Shivani Tanna / Reuters:
Vermont's Department of Financial Regulation joins a multistate investigation into Celsius and says it believes the cryptocurrency lender is “deeply insolvent”  —  July 12 (Reuters) - Vermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is …
Bloomberg:
An in-depth look at the rise and fall of crypto hedge fund Three Arrows Capital, whose founders Su Zhu and Kyle Davies bet everything on prices only going up  —  Days before Bitcoin fell decisively below $40,000, and two months before his hedge fund went bankrupt, Su Zhu sat down for an interview …
Ingrid Lunden / TechCrunch:
Unity plans to merge with app monetization service ironSource, valued at $4.4B in the all-stock deal; Silver Lake and Sequoia will invest $1B after the merger  —  Update: the companies have confirmed the news here.  IronSource is being valued at $4.4 billion in the all-stock deal.
Shweta Sharma / CSO:
Barracuda survey: 94% of 800 senior IT and security officers of industrial IoT or OT systems faced some form of attack on their systems in the past 12 months  —  A report commissioned by cloud security company Barracuda found that 94% of respondents have experienced some form of attack …
Sarah Perez / TechCrunch:
SVP Prabhakar Raghavan says Google's studies show younger users often use apps like Instagram and TikTok instead of Google Search or Maps for discovery purposes  —  The TikTok threat to Google's business isn't just limited to YouTube, as it turns out.  Core Google services, including Search and Maps …
Amanda Morris / New York Times:
Blind users say websites using automated accessibility tools, which are popular due to advances in AI and new legal pressures on companies, make access harder  —  Companies say their A.I.-powered tools are the best way to fix accessibility problems online, but many blind people find they make websites harder to use.
More: Slashdot
Viola Zhou / Rest of World:
China's crackdown and economic downturn have led to massive layoffs in its tech sector, but some workers are relieved to quit the industry's “996” work culture  —  A government crackdown and economic downturn have led to massive layoffs, but some are relieved to exit the grueling ‘996’ work life.
Casey Newton / Platformer:
A critique of Ev Williams' 10-year tenure at Medium and how it got caught in the middle between Substack and well-funded publishers like BuzzFeed and Vice  —  How Medium got stuck in the middle.  PLUS: Twitter sues Musk  —  Few tech CEOs can claim to have steered the course of online conversation more than Ev Williams.
Benjamin Mullin / New York Times:
Sarah Perez / TechCrunch:
Qustodio analysis of 400K family profiles: by 2021's end, young users spent an average of 91 minutes on TikTok per day, surpassing 56 minutes spent on YouTube  —  Kids and teens are now spending more time watching videos on TikTok than on YouTube.  —  In fact, that's been the case since June 2020 …

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The Verge:
New York Times:
Gareth Vipers / Wall Street Journal: