Techmeme
July 13, 2022, 11:10 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 …
CNBC:
Celsius files for Chapter 11 bankruptcy in New York, declaring assets between $1B and $10B with an equal amount in estimated liabilities  —  - Crypto company Celsius has started the process of filing for Chapter 11 bankruptcy protection.  — Earlier, CNBC reported the company's lawyers …
Sam Biddle / The Intercept:
Amazon gave police Ring camera footage 11 times in 2022 without a warrant or permission by Ring owners, saying it makes “good-faith determination” in such cases  —  Ring, Amazon's perennially controversial and police-friendly surveillance subsidiary, has long defended …
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 …
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.
Annabelle Dickson / Politico:
UK's Online Safety Bill is expected to be dropped from parliamentary schedule next week, halting the bill's progress until the fall, amid Johnson's resignation  —  LONDON — Progress on Britain's proposed new content regulation law is expected to be delayed until the fall …
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.
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 …
Tweets: @chriskeall
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
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.
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.

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