February 25, 2022, 8:05 AM

Top News

Sources: Ukraine is asking for volunteers from its hacker community to protect critical infrastructure and conduct cyber spying missions against Russian troops  —  The government of Ukraine is asking for volunteers from the country's hacker underground to help protect critical infrastructure …
Russia-backed falsehoods and digital tricks related to its invasion of Ukraine are putting tech giants on the defensive over the spread of online disinformation  —  The world's biggest social media companies are scrambling to combat a global barrage of Kremlin-backed falsehoods …
Experts say Russia's invasion of Ukraine could exacerbate chip shortages; Ukraine supplies 90%+ of US semiconductor-grade neon critical for chipmaking lasers  —  Russia's invasion of Ukraine read more by land, air and sea risks reverberating across the global chip industry and exacerbating current supply-chain constraints.
Jonathan Greig / ZDNet:
New York Times:
Michael McSweeney / The Block:
The US DOJ says BitMex co-founders Arthur Hayes and Benjamin Delo pled guilty to violating the US Bank Secrecy Act and each agree to pay a $10M criminal fine  —  The Department of Justice said Thursday that Arthur Hayes and Benjamin Delo, co-founders of the crypto derivatives exchange BitMEX …
Lauren Feiner / CNBC:
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020  —  - Coinbase reported fourth-quarter earnings after the bell on Thursday.  — The earnings come after major cryptocurrencies saw …
Michael McSweeney / The Block:
Block reports Q4 revenue of $4.08B, up 29% YoY, and $1.96B in Cash App bitcoin revenue, up 12% YoY; bitcoin revenue hit $10B in 2021, up 119%; stock is up 15%+  —  Quick Take  — Payments company Block, formerly known as Square, said Thursday that it made $1.96 billion in bitcoin revenue during …
Ryan Browne / CNBC:
UK's Online Safety Bill would mandate online platforms to give users tools to verify their IDs, block anonymous users, and filter “legal but harmful” content  —  - The proposals mean online platforms would need to give users a way to verify their identity, and allow them to block any unverified accounts.
Sarah Perez / TechCrunch:
Sensor Tower: users spent $18.3B globally in the top 100 non-game subscription apps in 2021, up 41% YoY; App Store generated $13.5B, and Google Play $4.8B  —  It's no wonder why mobile publishers are battling to keep more of their subscription revenue out of the hands of platforms like Apple and Google …
Kate Park / TechCrunch:
Singapore-based Beam, whose e-scooters and e-bikes are in 35 cities across Malaysia, Thailand, South Korea, Australia, and New Zealand, raises a $93M Series B  —  Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia.
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:

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