| Alex Leary / Wall Street Journal: |
Biden signs an EO mandating a 100-day review of supply chains, including for semiconductors and rare-earth metals, amid chip shortages — The president signed an executive order with the aim of eventually increasing domestic production of critical materials| Sean Hollister / The Verge: |
Tech retailer Fry's Electronics announces it will cease operations effective immediately, blames industry changes and the pandemic — Your best buys are no longer at Fry's, guaranteed — Fry's Electronics, one of the last big brick-and-mortar electronics store chains in the United States … | Yogita Khatri / The Block: |
Sorare, an ethereum-powered marketplace for creating and trading football NFTs, raises $50M Series A led by Benchmark — Quick Take — NFT marketplace Sorare has raised $50 million in Series A. — The round was led by Benchmark, with participation from Accel, Reddit co-founder Alexis Ohanian … | Daniel Van Boom / CNET: |
Australia passes news bargaining code that will require digital platforms like Google and Facebook to pay local media outlets and publishers for their content — Australia on Wednesday passed a new media law that had generated noisy pushback from internet giants Google and Facebook … | Rafael Frankel / About Facebook: |
| Maggie Fitzgerald / CNBC: |
GameStop shares closed up nearly 104% on Wednesday, halting twice for volatility; GameStop said on Tuesday its CFO will resign — - GameStop announced Tuesday that its chief financial officer Jim Bell will resign on March 26. — Sources familiar with the matter told Business Insider … | Lauren Kaori Gurley / VICE: |
Amazon is sending postal mail to warehouse workers in Bessemer, Alabama urging them to “VOTE NO” on unionization, and has also pushed anti-union ads on Twitch — A mysterious new USPS mailbox has appeared on Amazon property amid a historic union drive in Bessemer, Alabama.| Manish Singh / TechCrunch: |
India issues tougher rules for tech firms and streaming services like Facebook, Twitter, WhatsApp, and Netflix over resolving user complaints and more — India announced sweeping rules to regulate social media firms, streaming services, and digital news outlets, joining a handful of other nations … | Jeff John Roberts / Decrypt: |
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue — The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant … | Lauren Feiner / CNBC: |
SEC Filing: Twitter says it aims to have 315M monetizable DAUs by the end of 2023 and to at least double annual revenue to $7.5B by then — - Twitter said on Thursday it aims to have 315 million monetizable daily active users by the end of 2023. — It also aims to at least double its annual revenue in that year.| Michael McSweeney / The Block: |
Optimism, which plans to help scale the Ethereum blockchain with a Layer 2 protocol, raises $25M Series A led by Andreessen Horowitz — Optimism, a startup focused on the scalability of the Ethereum blockchain network, has raised a $25 million Series A funding round led by Andreessen Horowitz.| Jon Porter / The Verge: |
Amazon says its Luna cloud gaming service is available to try for free in the US on select Fire TV devices, after launching as invite-only last year — And anyone in the US can also buy a Luna Controller — Amazon's cloud-gaming service, Luna, is now available to try for free in the US … | Cherlynn Low / Engadget: |
Microsoft announces industry cloud packages for financial services, available in March, and for manufacturing and nonprofits, available in June — new Industry Cloud service with a suite of tools for the healthcare sector last year and unveiling a Retail-specific version in January, Microsoft is ready to introduce more areas of focus.| Richard Lawler / Engadget: |
ViacomCBS says Paramount+ will cost $5/month with ads and $10/month without ads; the ad tier will be available in June while the ad-free tier starts on March 4 — ViacomCBS has a ‘mountain of content’ on the way to streaming, including a ‘Halo’ series and ‘Beavis and Butthead.’| Stephanie Condon / ZDNet: |
Nvidia beats with Q4 revenue of $5B vs. $4.8B expected, up 61% YoY, data center revenue of $1.9B, up 97% YoY, and gaming revenue of $2.5B, up 67% YoY — The GPU maker beat Q4 market expectations with record sales in its two key areas of business. — Nvidia on Wednesday published fourth … | Coco Feng / South China Morning Post: |
The People's Bank of China joins Hong Kong, Thailand, and the UAE to explore cross-border payments for digital currencies, like the digital yuan — The People's Bank of China is joining the Multiple Central Bank Digital Currency Bridge, a project exploring cross-border payments using distributed ledgers … | Bloomberg: |
FCC reveals that for its 5G licenses auction, Verizon spent the most of any carrier with $45.5B, followed by AT&T with $23.4B, and T-Mobile with $9.3B — - AT&T is second at $23 billion in bids, followed by T-Mobile — FCC releases results of so-called C-band airwaves sale| Kyle Wiggers / VentureBeat: |
Amazon announces general availability of Lookout for Vision, a cloud service that spots defects and anomalies in manufactured goods using computer vision — Amazon today announced the general availability of Amazon Lookout for Vision, a cloud service that analyzes images using computer vision … | Ingrid Lunden / TechCrunch: |
US private equity firm Francisco Partners acquires online genealogy tracking pioneer MyHeritage, source says for $600M — Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. TechCrunch has learned and confirmed … | Todd Spangler / Variety: |
YouTube to roll out a “supervised” account option in beta in the coming months in more than 80 countries, aimed at kids that are too old for YouTube Kids — YouTube is launching a PG version of the internet's biggest video service. — A new “supervised” YouTube account option … | Ingrid Lunden / TechCrunch: |
Spain-based Wallapop, an online classifieds marketplace for used items and crafts, raises $191M at an $840M valuation led by Korelya Capital — Through all of the last year's lockdowns, venue closures, and other social distancing measures that governments have enacted and people have followed …
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