Techmeme
February 26, 2021, 5:25 AM

Top News

Jacob Kastrenakes / The Verge:
Twitter announces Super Follow feature to let users charge for tweets, and a Communities feature to let users create and join groups based on specific interests  —  It's also planning a groups feature  —  Twitter announced a pair of big upcoming features today: the ability for users to charge …
Jay Peters / The Verge:
Cameron Faulkner / The Verge:
Facebook is rolling out an opt-in feature, allowing “Hey Facebook” to be used as a wake word for its Portal displays and Oculus Quest platform  —  Available on Portal smart displays and rolling out on Oculus Quest headsets  —  Facebook has introduced a new “Hey Facebook” …
Ryan Mac / BuzzFeed News:
Facebook's Andrew Bosworth told staff that Facebook is considering building facial recognition into future smart glasses products, weighing legal implications  —  Facebook is discussing building facial recognition into its upcoming smart glasses product and has been weighing the legal implications …
Tom Warren / The Verge:
Microsoft confirms it has fixed a five-hour Xbox Live outage which prevented some users from signing in or making purchases  —  Microsoft's gaming network went down worldwide  —  Microsoft's Xbox Live service went down for more than five hours today, preventing users from signing in to the service.
Karissa Bell / Engadget:
Facebook responds to the Oversight Board's 17 recommendations and commits to action on 11 of them, most of which focus on increasing transparency  —  has agreed to tweak some of its policies in response to recommendations from the Oversight Board.  The board issued its
Zoe Schiffer / The Verge:
Eleven current and ex-Mailchimp employees say company executives knew about allegations of racism and sexism at the company, some as early as 2014  —  Alejandra Luaces had only worked at Mailchimp for four months when she got a surprising anonymous email.  “Oliver* is in an open marriage …
Robinhood:
Robinhood says it has added 6M new crypto customers so far in 2021; Robinhood averaged ~200K new crypto customers a month in 2020  —  Since we launched nearly three years ago, Robinhood Crypto has been central to our efforts to expand access to financial services and democratize finance for all.
Jay Peters / The Verge:
As part of Epic lawsuit, judge orders Valve to tell Apple how much money 436 Steam games made but narrows the amount of info Valve has to provide overall  —  Apple subpoenaed Valve for the data  —  Valve has been compelled by a California court to provide sales data on more than 400 Steam games …
Salvador Rodriguez / CNBC:
Airbnb posts a $3.9B loss in Q4 in first quarterly report since IPO, with revenues of $859M, down 22% YoY, blames much of the loss on charges related to the IPO  —  - Airbnb reported a loss of $3.89 billion in its first earnings report since its IPO late last year.  — However, the company beat expectations for revenue.
Reuters:
ByteDance has agreed to a $92M class action settlement over data privacy claims from some US TikTok users, according to court documents  —  WASHINGTON (Reuters) - ByteDance has agreed to a $92 million class-action settlement to settle data privacy claims from some U.S. TikTok users …
Stephanie Condon / ZDNet:
Salesforce reports Q4 revenue of $5.82B, beating estimates of $5.68B, subscription and support revenues of $5.48B, up 20% YoY, and 14K net new paid customers  —  In spite of the solid performance for the quarter, Salesforce shares were down slightly in after-hours trading.
Lauren Feiner / CNBC:
DoorDash reports Q4 revenue of $970M, up 226% YoY, in its debut earnings report, with a loss of $312M, up from $134M YoY; stock down 11%+ after hours  —  - DoorDash reported its Q4 2020 earnings after the bell on Thursday that beat analyst revenue estimates but included a large net loss in its first release as a public company.
Natalie Gagliordi / ZDNet:
Autodesk says it will acquire Innovyze, which makes a SaaS product for the design, construction, operation, and maintenance of water infrastructure, for $1B  —  The acquisition is the largest in Autodesk's history and is meant to position Autodesk as a provider of end-to-end software for the operations of water infrastructure.
Cynthia Littleton / Variety:
AT&T and PE firm TPG reach a deal to make DirecTV a standalone company with TPG owning 30%; the deal is valued at $16.25B, includes DirecTV, AT&T TV, U-verse  —  The sides have been in talks for months as AT&T has sought to find a solution to the problem of DirecTV's subscriber losses dragging …
Natasha Mascarenhas / TechCrunch:
Newsela, a SaaS platform for K-12 educational content, raises $100M Series D at a $1B valuation led by Franklin Templeton and TCV  —  Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital, and Owl Ventures, announced today that it has raised $100 million in a Series D round.
More: Newsela
Jeff John Roberts / Decrypt:
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue  —  The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant …
Matthew Gault / VICE:
Amazon-owned Twitch bans Amazon's anti-union ads, saying they should never have been allowed to run on the service  —  “These ads should never have been allowed to run on our service,” Twitch said.  —  Matthew Gault  —  Amazon warehouse workers in Bessemer, Alabama are voting on unionization …

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
Introducing the UiPath Platform™ for agentic automation  —  UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
Zoho:
App Spotlight: Savoir for Zoho Books  —  App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Apple's Coming For The Meta Ray-Bans
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Hard Fork:
Bad Apple + The Rise of the AI Empire + Italian Brain Rot
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Yotam Segev (CEO, Cyera) on Growing One of the Fastest Security Startups on the Planet
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Great Chat:
Great managers, and what makes them great
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Decoder with Nilay Patel:
Reuters is ready to stand up for the press -- and embrace AI
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
How have I been complicit in creating the conditions I say I don't want? | Jerry Colonna (CEO of Reboot, executive coach, former VC)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 AM ET, February 26, 2021.

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

Emily Birnbaum / Protocol:
Katie Roof / Bloomberg:

Earlier Picks

Megan Graham / CNBC:
Daniel Van Boom / CNET: