Techmeme
February 25, 2021, 2:20 PM

Top News

Michael Potuck / 9to5Mac:
Twitter reveals Super Follow, a feature that will let users get exclusive content, deals, and community access to creators for $4.99/month, and a groups feature  —  During an Analyst event today, Twitter revealed at least part of the paid subscription service it's been working on for some time.
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 …
Tweets: @tommercerap and @dieter
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 …
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
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.’
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 …
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 …
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.
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 …
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 …
Sean Hollister / The Verge:
Tech retailer Fry's Electronics announces it will cease operations effective immediately, blaming 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 …
Anthony Ha / TechCrunch:
Stockholm-based Memmo.me, which allows users to pay celebrities for personalized video messages, raises $10M Series A  —  Memmo.me, a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding.
More: FinSMEs
Emily Birnbaum / Protocol:
First House antitrust hearing of the new Congress saw bipartisan agreement on antitrust reforms, including on reforming burden of proof in merger cases  —  During the first House antitrust hearing of the new Congress, Democratic chairman David Cicilline and Republican ranking member Ken Buck …
More: The Verge and Bloomberg
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.
Yogita Khatri / The Block:
Crypto startup Anchorage, which recently became the first federally chartered digital asset bank, raises $80M Series C led by GIC  —  Cryptocurrency custodian and banking company Anchorage announced Thursday that it raised $80 million in a Series C funding round.
Rafael Frankel / About Facebook:
Facebook says it is banning all Myanmar military and military-controlled entities from Facebook and Instagram, and ads from military-linked commercial entities  —  Myanmar military banned from Facebook and Instagram with immediate effect.  —  Today, we are banning the remaining Myanmar military …

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Maggie Fitzgerald / CNBC:
Michael McSweeney / The Block:
Bloomberg:
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Taylor Lyles / The Verge:
Todd Spangler / Variety:
Sean Hollister / The Verge: