Techmeme
February 25, 2021, 5:25 PM

Top News

Jacob Kastrenakes / The Verge:
Twitter announces Super Follow feature to let users charge for tweets, and a Communities feature to let users create and join groups based on specific interests  —  It's also planning a groups feature  —  Twitter announced a pair of big upcoming features today: the ability for users to charge …
Jay Peters / The Verge:
Twitter says it is planning a safety mode that would let users automatically block and mute accounts that “might be acting abusive or spammy”  —  The company is also working on a new ‘safety mode’  —  Twitter plans to introduce a way for you to automatically block and mute abusive accounts …
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 …
Jay Peters / The Verge:
As part of Epic lawsuit, judge orders Valve to tell Apple how much money 436 Steam games made but narrows the amount of info Valve has to provide overall  —  Apple subpoenaed Valve for the data  —  Valve has been compelled by a California court to provide sales data on more than 400 Steam games …
Lauren Kaori Gurley / VICE:
Ben Schoon / 9to5Google:
Smart TVs running Google TV will come with a Basic mode that strips smart features from the TV  —  Google TV is the company's next effort to rule the living room, picking up on the progress that Android TV made over half a decade.  The first smart TVs running on top of Google TV have yet to hit the market …
Megan Graham / CNBC:
Facebook launches a TV, radio, and digital ad campaign in support of personalized ads called Good Ideas Deserve to be Found, ahead of Apple's IDFA changes  —  - Facebook is launching a new ad campaign called “Good Ideas Deserve to be Found,” which makes a case for personalized advertising.
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 …
Wall Street Journal:
Cybersecurity experts and US lawmakers criticize Amazon for a lack of public transparency about the SolarWinds hack, which was likely launched using AWS  —  Tech giant says it wasn't breached, but it is seen as having valuable data on the attack  —  As lawmakers and security researchers continue …
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.’
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
Lauren Feiner / CNBC:
DoorDash reports Q4 revenue of $970M, up 226% YoY, in its debut earnings report, with a loss of $312M, up from $134M YoY; stock down 11%+ after hours  —  - DoorDash reported its Q4 2020 earnings after the bell on Thursday that beat analyst revenue estimates but included a large net loss in its first release as a public company.
More: Bloomberg and Reuters
Yogita Khatri / The Block:
Sorare, an ethereum-powered marketplace for creating and trading soccer 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 …
Katie Roof / Bloomberg:
BetterUp, which helps clients provide employees with career coaches and mental health counseling, raises $125M Series D at a $1.73B valuation  —  - $125 million Series D funding round led by Iconiq Growth  — BetterUp offers coaching, counseling as well as mentorship
Chris O'Brien / VentureBeat:
Hyas, which maps the “command and control” structure and communication patterns of bad actors to intercept cyberattacks, raises $16M Series B  —  After launching its Hyas Protect service last year, threat detection company Hyas today announced a $16 million round to accelerate growth.
Daniel Van Boom / CNET:
Australia passes news bargaining code that requires Facebook, Google, and other digital platforms 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 …

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Earlier Picks

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