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July 13, 2022, 2:20 PM
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memeorandum
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| 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, Yahoo Finance, The Defiant, crypto.news, Bitcoin News, Cointelegraph, Benzinga, Bloomberg Law, Bitcoinist.com, Bloomberg, and The Daily Hodl
Tweets: @zhusu, @joesaluzzi, @justinaknope, @business, @business, @seldo, @business, @muyaoshen, @ianw888, @niubi, @nayrazz, @mikulaja, @reuterslegal, @kevinorland, @carlquintanilla, @justinaknope, @unlockscalendar, @cduhaime, and @ideagov
| 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.
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Unity Blog, Barron's Online, VentureBeat, Game Developer, CTech, Mobile Dev Memo, San Francisco Business Journal, Geektime, Business Wire, Pocket Gamer.biz, CNBC, and Stock Quest
Tweets: @swodinsky, @unitygames, @iansherr, @rossdawson, @brkeogh, @roxaloxa, @dj_link, @joewintergreen, @ingridlunden, @richardcobbett, @amandafarough, @futterish, and @sserrano44
| 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 …, Bloomberg, CoinDesk, Decrypt, CryptoPotato, Blockworks, Cryptonews, Ethereum World News, The Crypto Basic, Cointelegraph, and The Block
Tweets: @inafried, @wublockchain, @minuswells, @aarondbennett, and @californiadfpi
| 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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Insider, Axios, Protocol, and The Post-Evangelical Post
Tweets: @caseynewton, @jeremylittau, @caseynewton, @caseynewton, and @joshconstine
| Benjamin Mullin / New York Times: |
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Ev Williams, Coach Tony, TechCrunch, The Official Medium Blog, and Fast Company
Tweets: @ev, @goldman, @lanceulanoff, @joshelman, @jeffjarvis, @rafat, @anildash, @kerrymflynn, @kurtwagner8, @mgsiegler, @iankar_, and @caseynewton
| 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, Thurrott, International Business Times, TheStreet, CNBC, DCD, Insider, Bloomberg, City A.M., Finbold, Gizchina, TechCircle, BGR India, Benzinga, 9to5Google, The Register, TechCrunch, SiliconANGLE, MarketWatch, and Washington Post
Tweets: @carnage4life, @dylanbyers, and @alexeheath
| New York Times: |
Twitter sues Elon Musk, in Delaware's Court of Chancery, to force him to complete his $44B acquisition of the company, as he “refuses to honor his obligations” — The question of whether Elon Musk must buy Twitter, as he agreed to do in April, is headed to a court in Delaware.
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Bloomberg, Chancery of the State of Delaware, BBC, Reuters, Financial Times, New York Post, Washington Post, CNBC, Bloomberg, Insider, CNBC, Law and Politics, TheGamer, Coinspeaker, Chancery of the State of Delaware, Silicon Republic, TechSpot, TGDaily, FORWARD GC, The Hill, TechCrunch, Android Central, Bitcoin News, Bloomberg, KnowTechie, Engadget, MobileSyrup, and WRAL TechWire
Tweets: @btaylor, @rmac18, @kateconger, @caseynewton, @kylesgibson, @danprimack, @matt_levine, @tolstoybb, @rmfifthcircuit, @davidlat, @artypapers, @mikeisaac, @caseynewton, @kurtwagner8, @thedextriarchy, @lex_node, @michaeldweiss, @dkthomp, @pierce, @robdenbleyker, @africatechie, @tedfrank, @mikeisaac, @plainsite, @sifill_, @davidlaz, @akilahobviously, @ephraimgopin, @mmasnick, @mshannahmurphy, @silvermanjacob, @mikeisaac, @kantrowitz, @moorehn, @pkafka, @kurtwagner8, @dkthomp, @armandondk, @moorehn, @danahull, @bobbyallyn, @sarahfrier, @sarahfrier, @martinsfp, @reckless, @sarafischer, @danprimack, @taylorlorenz, @sarahfrier, and @alexeheath
| 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
| Fortune: |
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PitchBook and Forkast
Tweets: @lightspeedvp, @ravi_lsvp, @guruchahal, @wakohler, @mohapatrahemant, @bsomaia, @kateclarktweets, and @refsrc
| Tripp Mickle / New York Times: |
Sources: Apple ends its consulting agreement with Jony Ive that made Apple his firm's primary client and limited Ive from taking on work Apple found competitive — Three years after promising to work “long into the future” with the man behind its candy-colored computers, Apple and Mr. Ive are through.
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9to5Mac, 9to5Mac, MacRumors, Macworld, Ars Technica, Philip Elmer‑DeWitt, Redmond Pie, SamMobile, Daring Fireball, TechCircle, Fortune, WRAL TechWire, Apple Must, Gizchina, Insider, Neowin, Wallpaper*, iDownloadBlog.com, XDA Developers, The Verge, iPhone in Canada Blog, Bloomberg, Patently Apple, CNET, MacDailyNews, MobileSyrup, Thurrott, iClarified, and Cult of Mac
| 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.| 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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Fortune, Gizchina, Beyond Search, and Newslit Daily
Tweets: @glenngabe, @glenngabe, @anshelsag, @ohmdee, @lanreadelowo, and @boomerdz
| 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, Pocket Gamer.biz, Fossbytes, and Social Media Today
| 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
| Kyle Wiggers / TechCrunch: |
Czech Republic-based Kontent, whose headless CMS powers over 2K websites, apps, and e-commerce stores, has raised $40M from Expedition Growth Capital — Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million …
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Tech.eu, FinSMEs, and EU-Startups
| Ivan Mehta / TechCrunch: |
Truecaller launches Open Doors, a Clubhouse-like app that lets users sign up with their phone number and audio chat with their contacts who have the app — If you thought of the age of companies launching real-time audio chat apps, you're wrong. Swedish caller identification service Truecaller …
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Livemint
| 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.
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Tech.eu
| Hannah Murphy / Financial Times: |
Sources: Snap is exploring letting NFT artists showcase their designs as Snapchat AR filters, via a test for select creators starting at the end of August 2022 — Social media platform is the latest to dabble in digital assets to attract influencers despite crypto crash
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Forbes, Gizmodo, Metaverse Post, PYMNTS.com, TechCrunch, and Coinspeaker
| Jasmine Hicks / The Verge: |
Reddit partners with Giphy to bring GIF comments to new subreddits automatically, and existing subreddits if moderators opt in to enable the feature — Subreddit moderators can opt in to the new GIF library — Reddit is joining the GIF party with its new partnership with Giphy …
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Engadget, 9to5Google, Adweek, and TechCrunch
| Shweta Sharma / CSO: |
A survey of 800 senior IT and security officers of industrial IoT/OT systems finds that 94% faced some form of attack on their systems in the last 12 months — A report commissioned by cloud security company Barracuda found that 94% of respondents have experienced some form of attack on their industrial IoT … Sponsor Posts
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