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July 13, 2022, 5:15 PM
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memeorandum
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| 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 …
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About Netflix, The Official Microsoft Blog, CNBC, Bloomberg, Gizmodo, ZDNet, PCMag, Engadget, Reuters, Protocol, TechCrunch, Neowin, Financial Times, iDownloadBlog.com, Variety, Digital Trends, Slashdot, Hollywood Reporter, and Broadband TV News
Tweets: @satyanadella, @jfruh, @kelseymsutton, @sherman4949, @daveleeft, @tsuvik, @aripap, @azalben, @fxshaw, and @xpangler
| 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 …
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CNBC, Protos, Yahoo Finance, The Defiant, crypto.news, Bitcoin News, Cointelegraph, Benzinga, Bloomberg Law, Bitcoinist.com, Bloomberg, and Bloomberg
| 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.| 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 …
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Department of Financial …, CoinDesk, Decrypt, Bloomberg, CryptoSlate, CryptoPotato, The Crypto Basic, Cointelegraph, Ethereum World News, The Block, and The Block
Tweets: @inafried, @minuswells, @aarondbennett, @californiadfpi, and @wublockchain
| 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.
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Garbage Day, Insider, Protocol, Axios, and The Post-Evangelical Post
Tweets: @caseynewton, @niemanlab, @jeremylittau, @benjamingoggin, @joshconstine, @caseynewton, and @caseynewton
| Benjamin Mullin / New York Times: |
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Ev Williams, Adjacent Possible, Coach Tony, TechCrunch, The Official Medium Blog, Fast Company, and Engadget
Tweets: @ev, @goldman, @lanceulanoff, @joshelman, @jeffjarvis, @rafat, @anildash, @kerrymflynn, @kurtwagner8, @mgsiegler, @iankar_, and @caseynewton
| 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 …
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Insider, Fortune, Gizchina, Beyond Search, and Newslit Daily
Tweets: @caseynewton, @leratomannya, @gerritd, @glenngabe, @anshelsag, @fraying, @glenngabe, @shengokai, @ohmdee, @lanreadelowo, @akinunver, and @boomerdz
| Sarah Perez / TechCrunch: |
TikTok unveils Content Levels, a content classifying system like age ratings in films, and plans to let users filter out videos with certain words or hashtags — Earlier this year, TikTok said it was developing a new system that would restrict certain types of mature content from being viewed by teen users.| Erron Kelly / VentureBeat: |
Twitter says roughly 1.5B tweets about gaming were made on its site in H1 2022, up 36% YoY; Genshin Impact was the most tweeted-about game and Wordle was second — Roughly 1.5 billion tweets about gaming were made on Twitter in the first half of 2022. That's ‘billion’ with a ‘b’.
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Twitter, VG247, Wccftech, Pocket Gamer.biz, Fossbytes, Social Media Today, and GamesIndustry.biz
| Taylor Soper / GeekWire: |
Seattle-based Uplevel, which uses data from software tools to help engineering teams analyze their effectiveness, has raised $20M led by Cota Capital — The news: Seattle startup Uplevel landed $20 million to fuel growth. The 5-year-old company helps engineering teams analyze the effectiveness … | 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 … | Shen Lu / Wall Street Journal: |
New Oriental, one of China's largest private-tutoring companies, reinvents itself as a livestream grocery service on Douyin, after China's regulatory crackdown — New Oriental's rebranding catches on with viewers as English tutors go viral selling produce online
Tweets: @shenlulushen and @carlminzner
| Hannah Miller / Bloomberg: |
PitchBook: crypto startups received $6.76B in VC funding in Q2 2022, down 31% from a record $9.85B in Q1 2022 — Crypto startups finally felt the effects of an economic storm that has been cooling digital currencies, public stocks and venture capital all year.
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PYMNTS.com, Cointelegraph, and Don't Take My Word for It
| The Verge: |
Memo: Sundar Pichai told employees that Google will slow hiring in the rest of 2022 and will have to work with “greater urgency, sharper focus, and more hunger” — ‘Greater urgency, sharper focus, and more hunger’ — Google has told employees that it'll be …
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Wall Street Journal, CRN, Thurrott, International Business Times, CNBC, iPhone in Canada Blog, TheStreet, Insider, DCD, Finbold, Gizchina, City A.M., Benzinga, Bloomberg, TechCircle, BGR India, Barron's Online, 9to5Google, The Register, TechCrunch, SiliconANGLE, MarketWatch, and Washington Post
Tweets: @jenn_elias, @carnage4life, @dylanbyers, and @alexeheath
| Prarthana Prakash / Bloomberg: |
Uber is sued by 500+ women in the US over sexual assault by some drivers, alleging the company knew about sexual misconduct on rides, including rape, since 2014 — Uber Technologies Inc. is being sued by more than 500 women across the US who claim to have been assaulted by drivers on the platform.| Kyle Wiggers / TechCrunch: |
Boston-based Merlin Labs, which develops an autonomous flight system for existing aircrafts, announces a $105M Series B and a partnership with the US Air Force — Autonomous flight is a grand challenge in aviation — and a gold mine. The first company to crack it at scale stands …
More:
SiliconANGLE and Forbes
| Kyle Wiggers / TechCrunch: |
London-based Incident.io, which makes a Slack-based software incident response service, has raised a $28.7M Series A led by Index Ventures — It's Incident.io co-founder and CEO Stephen Whitworth's assertion that there's fragmentation in the market for software incident management solutions.
More:
SiliconANGLE and Tech.eu
| Fortune: |
Lightspeed Venture Partners raised $6.6B across three US funds and $500M for an India and Southeast Asia fund, and debuts a team to back blockchain founders — This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
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Business Wire, Lightspeed Venture Partners, TechCrunch, PitchBook, Forkast, Decrypt, Crunchbase News, TechCrunch, Moneycontrol, DealStreetAsia, The Economic Times, and The Block
Tweets: @lightspeedvp, @ravi_lsvp, @guruchahal, @mohapatrahemant, @bsomaia, @wakohler, @kateclarktweets, and @refsrc
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