Techmeme
December 15, 2022, 5:00 PM

Top News

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.
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 …
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 …
Mia Sato / The Verge:
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:
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:
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.
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 …
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 …
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” …
CNBC:
Bloomberg:
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”  —  The suspended accounts include one that followed the private plane of Elon Musk, Twitter's owner.
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 …
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 …
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
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 …
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.
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  —  - Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:00 PM ET, December 15, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Marco Quiroz-Gutierrez / Fortune:

Earlier Picks

Reuters:
Paresh Dave / Reuters:
William Turton / Bloomberg: