February 23, 2024, 7:20 AM

Top News

Jonathan Vanian / CNBC:
Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU  —  - Reddit on Thursday filed to go public.  — Its market debut will mark the first major tech initial public offering of the year …
The Verge:
Reddit plans to give some of its top users, including moderators and those with high karma scores, the chance to buy shares in its IPO  —  However, the company is unprofitable, with a net loss of $90.8 million in 2023.  —  In an unusual twist, Reddit is also giving a number of its top users …
Alex Weprin / The Hollywood Reporter:
Abner Li / 9to5Google:
Jessica Lyons / The Register:
Filing: UnitedHealth says a “suspected nation-state” actor had access to systems of IT provider Change Healthcare, prompting an outage at pharmacies in the US  —  Prescription orders hit after IT supplier Change Healthcare pulls plug on systems  —  UPDATED IT provider Change Healthcare …
ABC News:
Sean Hollister / The Verge:
Microsoft announces Generative Erase for the Photos app on Windows 10 and higher, which will allow users to remove objects and people from images using AI  —  Google and Samsung aren't the only ones baking magical AI selective photo erasers into their devices — they're about to become table stakes for Windows PCs too.
Sarah Perez / TechCrunch:
Bluesky opens up federation, letting anyone run their own server that connects to Bluesky's network, which uses the AT Protocol; Mastodon uses ActivityPub  —  Social network Bluesky, a competitor to X, Threads, Mastodon, and others, is opening up its doors with today's news that the network …
Ismail Shakil / Reuters:
The US FTC says Avast needs to pay $16.5M and stop selling web browsing data for ads to settle charges that the UK company misrepresented its use of such data  —  Software provider Avast Plc will need to pay $16.5 million and stop selling any web browsing data for advertising purposes …
Mark Tyson / Tom's Hardware:
Samsung says the Galaxy Book4 series, with Intel Core Ultra chips and AMOLED touchscreens, will be available in the US, the UK, and other markets on February 26  —  The Galaxy Book 4 Ultra, Book 4 Pro, and Book 4 Pro 360 are all coming soon.  —  Samsung has announced that its first AI PC series will become available son Feb. 26.
Hannah Lang / Reuters:
Block reports Q4 revenue up 24% YoY to $5.77B, Square profit up 18% YoY, Cash App profit up 25% YoY, and forecasts Q1 adjusted EBITDA above est.; SQ jumps 12%+  —  Jack Dorsey-led Block (SQ.N) on Thursday forecast adjusted core earnings for the current quarter above Wall Street estimates …
Dietrich Knauth / Reuters:
A US judge says FTX can sell its Anthropic shares after FTX reached a compromise with its customers opposing the sale; FTX invested $500M in Anthropic in 2021  —  Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday.

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
How Zoho Cliq cultivates an inclusive and creative workplace  —  Traditional communication methods, like memos and formal meetings, have their value, but they can sometimes put a lid on creative sparks and keep important ideas from being heard.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Big Technology Podcast:
OpenAI's Big Week, Did Google Kill The Web, AWS CEO Resigns
The Big Technology Podcast, hosted by journalist Alex Kantrowitz, takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Techmeme Ride Home:
Tue. 05/21 - Now You've Pissed Off Scar-Jo
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:20 AM ET, February 23, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Lauren Goode / Wired:
Ivan Mehta / TechCrunch:
Sheila Dang / Reuters:
Abner Li / 9to5Google:
Jess Weatherbed / The Verge:

Earlier Picks

Financial Times:
Dr Richard Fletcher / Reuters Institute for the Study of Journalism:
Sean Michael Kerner / VentureBeat:
Tom Warren / The Verge:
Jake Rudnitsky / Bloomberg:
Carly Page / TechCrunch: