| Ethan Diamond / Bandcamp Updates: |
Epic Games acquires Bandcamp, which will continue operating as a standalone marketplace and music community; Bandcamp has paid nearly $1B to artists and labels — I'm excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine, and champions for a fair and open Internet.| Kyle Orland / Ars Technica: |
Ukrainian vice PM calls for game companies to ban all Russian and Belarusian accounts during the invasion, calling on Sony, Ubisoft, Microsoft, and others — Vice PM says move “will motivate the citizens of Russia” to rise up in protest. — Mykhailo Fedorov, the vice prime minister … | Thomas Claburn / The Register: |
SAP will be “stopping business in Russia aligned with sanctions” and pausing sales of products and services in Russia following a Ukrainian vice PM's request — As Moscow tries to retain IT talent with military exemption, a three-year tax suspension for biz| Washington Post: |
| Juli Clover / MacRumors: |
Apple announces a digital-only event dubbed “Peek performance” will be held on March 8 at 10am PT; a 5G iPhone SE, revamped iPad Air, and new Macs are expected — Apple today announced that it will be holding its first event of 2022 on Tuesday, March 8 at 10:00 a.m. Pacific … | Jordan Novet / CNBC: |
Snowflake reports Q4 revenue of $383.8M vs. $372.6M est., up 101% YoY, and projected product revenue growth of 65% to 67% across FY 2023; stock is down 25%+ — - Snowflake's forecast calls for slowing growth in product revenue growth, which makes up most of total revenue.| Ron Miller / TechCrunch: |
Snowflake acquires Streamlit, which offers tools to help companies build ML-driven apps, for $800M; Streamlit launched in 2019 and raised $62M in funding — Snowflake helps customers store and manage oodles of data in the cloud without cloud vendor lock-in.| Annie Palmer / CNBC: |
Amazon plans to close 68 brick-and-mortar retail locations across the US and the UK, including all of its Amazon Books, 4-star, and Pop Up stores — - Amazon plans to close all locations of its Pop Up, Books and 4-star stores, the company confirmed to CNBC.| Matt Robinson / Bloomberg: |
Sources: the SEC is probing the NFT market to determine if tokens are securities, focusing on fractional NFTs, in which a token is broken into units for sale — The U.S. Securities and Exchange Commission is scrutinizing creators of NFTs and the crypto exchanges where they trade to determine … | Kate Conger / New York Times: |
A look at Twitter's internal support for decentralization, led by Parag Agrawal, seeking to give users control, avoid regulation, and open new revenue streams — The company is undertaking a far-reaching effort to change how it works. For some, it is an echo of their early idealism and a vision for what the internet could have been.| Lauren Feiner / CNBC: |
Several US state AGs launch a probe into TikTok, focusing on whether the app's design and operations negatively impact young users' physical or mental health — - TikTok is under investigation by a bipartisan group of state attorneys general to determine if the popular short-form video … | Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and has removed all content from RT News and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”| Paresh Dave / Reuters: |
| Ciaran Martin / Lawfare: |
An in-depth look at Russia's offensive cyber capabilities, their potential use in Ukraine, the limitations of cyber power, and implications for the West — It turns out that the next war was not fought in cyberspace after all. Or at least the start of it has not been.| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.| Tim Keary / VentureBeat: |
Balbix, which develops tech to let organizations identify and mitigate cybersecurity risks within their hybrid cloud environments, raises a $70M Series C — Today, cybersecurity posture automation provider Balbix announced it had raised $70 million in series C funding … | Andrew J. Hawkins / The Verge: |
Berlin-based Tier Mobility acquires Spin, Ford's e-scooter unit, in an all-stock deal, for an undisclosed price; Ford acquired Spin in November 2018 for $100M — The automaker had been mulling a sale for almost a year — Ford is selling its electric scooter operation Spin to one of Europe's top shared mobility companies.| Natasha Mascarenhas / TechCrunch: |
Commsor, which develops tech to let companies manage and gain insights into their online communities, raises a $50M Series B led by Atomico at a $450M valuation — The early-stage startup was most recently valued at $450 million — Is it community, or is it capitalism?| Megha Paul / Tech.eu: |
Shares, which allows friends and families to invest in stocks together, raises a $40M Series A led by Valar Ventures, and unveils its app — Parisian social and investing startup Shares has raised $40 million and unveiled its app — The use of social networks has fundamentally changed … | Duncan Riley / SiliconANGLE: |
Scope Security, which offers a managed threat detection and response service to health care organizations, raises a $20M Series A led by Thrive Capital — Health systems managed detection and response startup Scope Security today announced it has raised $20 million in new funding to develop …
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| Dan Primack / Axios: |
| Paul Alcorn / Tom's Hardware: |
| Mariella Moon / Engadget: |
| Andrew Hutchinson / Social Media Today: |
| Vikas SN / Moneycontrol: |