Techmeme
February 24, 2022, 1:15 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.”
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.
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.
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:
Meta says it has been developing CAIRaoke, a self-supervised learning AI neural model used to power a voice assistant for the company's AR/VR products  —  This key part of his plan for the metaverse could analyze your voice, eye movements, and body language.
Sarah Perez / TechCrunch:
Reddit revamps its app for the first time in two years, introducing a Discover Tab, updated navigation, and more; Reddit says there are 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 …
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 …
Nathan Munn / The Verge:
A former Pornhub social media editor 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.
Todd Bishop / GeekWire:
Seattle-based Fabric, which offers e-commerce tools for merchants, raises a $140M Series C led by Vision Fund 2 at a $1.5B valuation  —  Fabric, a Seattle-based e-commerce technology startup whose leadership team includes several former Amazon executives, announced a $140 million Series C funding round …
Dan Goodin / Ars Technica:
The UK and the US identify “Cyclops Blink”, botnet malware tied to the Russian-backed Sandworm hacking group that has been circulating for almost three years  —  The Russian government's Sandworm group uses previously unseen Cyclops Blink.  —  Hackers for one of Russia's …
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.
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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Allison Johnson / The Verge:
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Financial Times:

Earlier Picks

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BBC:
Kellen Browning / New York Times: