Techmeme
February 24, 2022, 6:00 PM

Top News

Jonathan Greig / ZDNet:
DDoS attacks disrupt several Ukrainian government sites; ESET researchers discover new data wiper malware installed on hundreds of Ukrainian machines  —  Cloudflare said the attack was “relatively modest compared to large DDoS attacks we've handled in the past.”
New York Times:
Experts say Russia could use cryptocurrency tools to lessen the impact of US sanctions, including a forthcoming digital ruble and spoils from ransomware attacks  —  Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware.
Elizabeth Culliford / Reuters:
Lauren Feiner / CNBC:
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020  —  - Coinbase reported fourth-quarter earnings after the bell on Thursday.  — The earnings come after major cryptocurrencies saw …
Sarah Perez / TechCrunch:
Reddit revamps its app for the first time in over two years, adding a Discover Tab, updated navigation, and more; Reddit says it has 100K+ active communities  —  Reddit today is launching the first major change to its mobile app in over two years with the addition of a new Discover Tab …
Shirin Ghaffary / Vox:
Meta says it has been developing CAIRaoke, a self-supervised learning AI neural model used to power a voice assistant for the company's AR/VR products  —  This key part of his plan for the metaverse could analyze your voice, eye movements, and body language.
Adi Robertson / The Verge:
Nathan Munn / The Verge:
A former Pornhub social media manager and content moderator recounts his time at the MindGeek-owned website, and how management prioritized growth over safety  —  In summer of 2010, I was broke and needed a job.  Walking the sunbaked streets of Montreal's downtown, I called up old friends hoping for a lead.
Kenrick Cai / Forbes:
Philadelphia-based Dbt Labs, which develops an open-source data analytics tool, raises a $222M Series D at a $4.2B valuation led by Altimeter  —  Dbt Labs cofounder and CEO Tristan Handy had lined up a slate of the top crossover funds to invest in his company at a $6.2 billion valuation …
Tweets: @snowflakedb
Jennifer Elias / CNBC:
Google reverses course on requiring COVID-19 vaccination for US employees and restores perks at its headquarters as the company prepares to bring back workers  —  - Google's real estate VP told San Francisco Bay Area employees that Covid-19 risk has fallen low enough to reinstate the buzzy …
Financial Times:
Media Partners Asia: Netflix has just 5.5M subscribers in India, far below its 100M goal from 2016, behind Amazon Prime Video's 16M and Disney+ Hotstar's 50M  —  Streaming juggernaut wanted 100mn subscribers in the country but has managed just 5.5mn  —  Back in 2016, when Netflix launched in India …
Annie Palmer / CNBC:
Etsy beats with Q4 revenue of $717M, up 16.2% YoY, vs. $685M est., and 2021 revenue of $2.3B, up 35% YoY, with 96.3M active buyers, up 17.6% YoY; stock up 20%+  —  - Shares of Etsy soared as much as 16% in extended trading on Thursday.  — The company reported fourth quarter results that beat on both the top and bottom line.
More: The Verge and Etsy

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More News

Allison Johnson / The Verge:
Arjun Kharpal / CNBC:
Sam Byford / The Verge:

Earlier Picks

Financial Times:
Brittany Roston / SlashGear:
Thomas Claburn / The Register:
Joe Williams / Bloomberg: