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March 3, 2022, 10:25 AM
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WeSmirchTop News
| Andrew Rummer / The Block: |
Ukraine's Mykhailo Fedorov abruptly cancels the planned crypto airdrop, saying the country will sell NFTs to raise funds instead — Ukraine's government abruptly canceled its planned crypto airdrop and said it would instead sell NFTs to raise funds following last week's Russian invasion.
Source:
@fedorovmykhailo. More:
The Block, CoinDesk, Washington Post, Forbes, Bloomberg, CoinDesk, CoinDesk, The Independent, Decrypt, CoinDesk, VICE, Cointelegraph, Blockworks, CoinQuora, Cryptonews, The Block, VICE, The Independent, Decrypt, and CoinDesk
| Scott Chipolina / Decrypt: |
Elliptic: Ukraine has received over $50M in crypto donations across 89K+ assets since February 26; blockchain data shows $10M in BTC and $16M in ETH donations — The Ukrainian crypto crowdfunding effort has now exceeded $50 million, through almost 90,000 separate donations.
More:
Elliptic Blog, Cointelegraph, Bitcoin News, Cryptonews, and Forkast
| Thomas Claburn / The Register: |
SAP will be “stopping business in Russia aligned with sanctions” and pausing sales of products and services in Russia following a Ukrainian vice PM's request — As Moscow tries to retain IT talent with military exemption, a three-year tax suspension for biz
More:
SAP, Dow Jones Newswires, and Reuters
Tweets: @fedorovmykhailo, @chrstnklein, and @fedorovmykhailo
| Kyle Orland / Ars Technica: |
A Ukrainian vice PM calls on Sony, Ubisoft, Microsoft, and other gaming companies to ban all Russian and Belarusian accounts during the invasion — CD Projekt Red heeds the call, cuts off Russian access to GOG. — Update (March 3): Poland's CD Projekt Red announced this morning that it has … | @oracle: |
More:
ZDNet, Computerworld, Silicon Republic, Reuters, CNBC, and Interfax
Tweets: @fedorovmykhailo, @fedorovmykhailo, @abarbashin, @myfear, @sruhle, and @occupydemocrats
| Olga Kharif / Bloomberg: |
A group of 35 former employees at crypto startup incubator ConsenSys allege “serious irregularities” in Swiss court over an asset transfer and demand an audit — A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns …
More:
PR Newswire, Blockworks, CryptoSlate, Ethereum World News, CoinDesk, Cointelegraph, and The Block
Tweets: @evan_van_ness, @darrenlautf, @lex_node, and @vhranger
| Matt Robinson / Bloomberg: |
Sources: the SEC is probing the NFT market to determine if tokens are securities, focusing on fractional NFTs, in which a token is broken into units for sale — The U.S. Securities and Exchange Commission is scrutinizing creators of NFTs and the crypto exchanges where they trade to determine …
More:
CoinDesk, Bitcoinist.com, CoinQuora, crypto.news, the mesha tribe, CryptoPotato, Cryptonews, Decrypt, PYMNTS.com, Cointelegraph, and Protocol
Tweets: @degenspartan, @mediumlargenft, @pavia_io, @wublockchain, @carnage4life, and @xrpcryptowolf
| New York Times: |
A look at Friends With Benefits, an a16z-backed DAO with a buzz-fueled social club, which attracts artists and investors but faces problems with its elitism — Friends With Benefits is a V.I.P. lounge for crypto's creative class. Is it empty hype or the future of friendship?
Tweets: @erinkwoo, @nahhhlina, @lizthegrey, @jnd3001, @edmundlee, @ldrogen, @sachajudd, @alexnpress, and @rally_io
| Sarah Perez / TechCrunch: |
Twitter will expand its Birdwatch fact-checking feature to “a small and randomized” set of US users for feedback, after testing it since January 2021 — Twitter says it's expanding access to Birdwatch, its community-based fact-checking initiative first revealed in October 2020.
More:
Twitter, CNET, Reuters, Washington Post, Engadget, and Tubefilter
Tweets: @twittersafety, @b_fung, @twittersafety, @willoremus, @willoremus, @birdwatch, @birdwatch, @birdwatch, @birdwatch, @birdwatch, and @birdwatch
| Jordan Novet / CNBC: |
Snowflake reports Q4 revenue of $383.8M vs. $372.6M est., up 101% YoY, and projected product revenue growth of 65% to 67% across FY 2023; stock drops 15%+ — - Snowflake's forecast calls for slowing growth in product revenue growth, which makes up most of total revenue.
More:
Snowflake, CNBC, SiliconANGLE, Investor's Business Daily, Wall Street Journal, and Reuters
| Mary Jo Foley / ZDNet: |
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin — Former Xamarin cofounder Miguel de Icaza is leaving Microsoft, the company he joined through acquisition just over six years ago. — Well-known open source advocate …
More:
Thurrott, Windows Central, and Daring Fireball
Tweets: @bdsams, @tomwarren, @terrajobst, @dalmaer, @robconery, @kaitlinmckinnon, @dustinmoris, and @matvelloso
| Lauren Feiner / CNBC: |
Several US state AGs launch a probe into TikTok, focusing on whether the app's design and operations negatively impact young users' physical or mental health — - TikTok is under investigation by a bipartisan group of state attorneys general to determine if the popular short-form video …
More:
Mass.gov, State of California, 9to5Mac, Wall Street Journal, Reuters, Dexerto, Gizchina, The Verge, androidcentral.com, WCSC-TV, Des Moines Register, WCCO | CBS Minnesota, CBS17.com, Associated Press, CT Insider, and Missouri Independent
Tweets: @newjerseyoag, @agellison, @carnage4life, @vtattorneygen, @scattygenoffice, @kyoag, @massago, @zamaan_qureshi, @massago, @agrobbonta, and @kantrowitz
| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.
More:
Reuters, Silicon Republic, ZDNet, CRN, Wall Street Journal, Android Police, BGR India, Forbes, WRAL TechWire, GeekWire, and CNN
Tweets: @jenn_elias, @ryanoneill, @richard_florida, @ixdavidsb, @tmfjmo, and @markgurman
| David Yaffe-Bellany / New York Times: |
A look at anonymity in crypto, as some VCs back founders without learning their names and pseudonymous entrepreneurs control hundreds of millions of dollars — Investors give money to pseudonymous developers. Venture capitalists back founders without learning their real names.
Tweets: @hshaban, @jessefelder, @nytimestech, @blackamazon, @nytimestech, @yaffebellany, @lordvictor, @dondekojo, @patrick_hruby, @delcrxpto, @amytongwu, @anildash, @anildash, and @anildash
| Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and removes all content from RT and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”
More:
TechCrunch, The Verge, iPhone in Canada Blog, Light Reading, Reuters, Pitchfork, iMore, and The Wrap
Tweets: @johnnytwowheel1 and @tristansnell
| Annie Palmer / CNBC: |
Amazon plans to close 68 brick-and-mortar retail locations across the US and the UK, including all of its Amazon Books, 4-star, and Pop Up stores — - Amazon plans to close all locations of its Pop Up, Books and 4-star stores, the company confirmed to CNBC.
More:
Wall Street Journal, TechCrunch, PCMag, Protocol, The Verge, androidcentral.com, Pocket-lint, New York Times, The Information, The Overspill, BGR India, TheStreet, and Digital Trends
| Bloomberg: |
Grab reports a $1.1B net loss in Q4 as revenue declined 44% YoY to $122M; after going public via SPAC in December, Grab has lost $15B+ in market value — Grab Holdings Inc., Southeast Asia's ride-hailing and delivery giant, reported a wider loss after the company spent more on incentives …
More:
Dow Jones Newswires, DealStreetAsia, and Grab SG
| The Economic Times: |
Bengaluru-based Pocket FM, which offers 100K+ hours of audio series, stories, novels, podcasts, and knowledge shows in eight languages, raises a $65M Series C — New Delhi: Audio streaming platform Pocket FM said on Thursday that it has raised $65 million in a funding round led by Goodwater Capital … | Paul Sawers / VentureBeat: |
Gecko Robotics, which uses its industrial inspection robots to protect infrastructure, raises a $73.3M Series C led by XN, bringing its total funding to ~$122M — Gecko Robotics, a company that provides industrial robotics and asset management software for businesses such as BP and Duke Energy …
More:
PR Newswire
| Nilay Patel / The Verge: |
Q&A with Sonos CEO Patrick Spence and CLO Eddie Lazarus on the decision to sue Google for patent infringement, competing with tech giants, Web3, and more — Sonos has long accused other tech giants of stealing its patents and technology, but in 2020, it actually sued Google for patent infringement.| Dean Takahashi / VentureBeat: |
Thatgamecompany, which makes the popular mobile game Sky: Children of the Light, raises $160M from TPG and Sequoia Capital — Thatgamecompany has built amazing and emotional game worlds such as Sky and Journey, and today it is announcing it has raised $160 million in funding.
More:
GamesIndustry.biz
| Megha Paul / Tech.eu: |
Shares, which lets friends, families, and retail investors chat and invest in stocks together, raises a $40M Series A led by Valar Ventures, and unveils its app — UK's social and investing startup Shares has raised $40 million and unveiled its app — The use of social networks …
More:
AltFi, TechCrunch, Finextra, and FinTech Futures
| Brian Krebs / Krebs on Security: |
Leaked chat logs reveal the internal structure and hierarchy of the Conti ransomware group, which some experts believe is a rebrand of the Ryuk ransomware gang — Earlier this week, a Ukrainian security researcher leaked almost two years' worth of internal chat logs from Conti …
More:
Washington Post. Tweets: @nicoleperlroth, @briankrebs, @samilaiho, @briankrebs, and @briankrebs
| Ingrid Lunden / TechCrunch: |
Apollo.io, which develops B2B sales intelligence software, raises a $110M Series C led by Sequoia Capital at an estimated $910M post-money valuation — One of the bigger impacts of Covid-19 has been that more business than ever before is now being carried out online.Sponsor Posts
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Zoho:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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