Techmeme
February 24, 2022, 1:45 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.
Arjun Kharpal / CNBC:
As Russia attacks Ukraine, bitcoin falls 5%+, slightly above a one-month low, ether drops 8%+, and others crash, wiping $150B+ off the crypto market in 24 hours  —  - Bitcoin fell to a one-month low on Thursday with other cryptocurrencies including ether plunged.
Elizabeth Culliford / Reuters:
Adi Robertson / The Verge:
Mark Zuckerberg showcases a concept for voice-controlled VR space generated by AI, plans for a universal language translator, and more in a Meta livestream  —  'Let's go to the beach'  —  Meta is testing an artificial intelligence system that lets people build parts of virtual worlds by describing them …
Shirin Ghaffary / Vox:
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 …
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 …
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
Richard Lawler / The Verge:
Tumblr launches an ad-free tier for $4.99/month or $39.99/year on desktop and in its app  —  You can fix one of Tumblr's problems, for a fee  —  Tumblr announced today that users can opt out of ads (on the desktop and in its mobile apps) by paying $4.99 per month or purchasing a year of ad-free browsing at a discount for $39.99.
Thomas Claburn / The Register:
Researchers: Samsung shipped ~100M phones, including the Galaxy S21, with since-patched design flaws that could let attackers extract secret cryptographic keys  —  Academics found TrustZone-level code could not be trusted to keep secrets  —  Academics at Tel Aviv University in Israel …
Sarah Perez / TechCrunch:
Sensor Tower: global consumer spending in top 100 non-game subscription apps grew 41% YoY in 2021 to $18.3B; $13.5B was from App Store, $4.8B from Google Play  —  It's no wonder why mobile publishers are battling to keep more of their subscription revenue out of the hands of platforms …
Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue rose 10% YoY to $38.06B, the slowest growth since its 2014 IPO, as net income dropped 74% YoY to $3.2B; stock drops 6%+  —  - The 10% revenue growth is the slowest quarterly year-on-year growth rate for the company since its 2014 U.S. listing.

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More News

Allison Johnson / The Verge:
Sam Byford / The Verge:
Financial Times:

Earlier Picks

Brittany Roston / SlashGear:
Dan Goodin / Ars Technica:
Joe Williams / Bloomberg:
BBC: