Techmeme
February 25, 2021, 9:10 AM

Top News

Alex Leary / Wall Street Journal:
Biden signs executive order mandating a 100-day review of supply chains, including for semiconductors used in products from cars to phones and rare-earth metals  —  The president signed an executive order with the aim of eventually increasing domestic production of critical materials
Sean Hollister / The Verge:
Tech retailer Fry's Electronics announces it will cease operations effective immediately, blames industry changes and the pandemic for the shutdown  —  Your best buys are no longer at Fry's, guaranteed  —  Fry's Electronics, one of the last big brick-and-mortar electronics store chains …
Daniel Van Boom / CNET:
Australia passes news bargaining code that will require digital platforms like Google and Facebook to pay local media outlets and publishers for their content  —  Australia on Wednesday passed a new media law that had generated noisy pushback from internet giants Google and Facebook …
Rafael Frankel / About Facebook:
Facebook says it is banning all Myanmar military and military-controlled entities from Facebook and Instagram, and ads from military-linked commercial entities  —  Myanmar military banned from Facebook and Instagram with immediate effect.  —  Today, we are banning the remaining Myanmar military …
Manish Singh / TechCrunch:
India issues tougher rules for tech firms and streaming services like Facebook, Twitter, WhatsApp, and Netflix over resolving user complaints and more  —  India announced sweeping rules to regulate social media firms, streaming services, and digital news outlets, joining a handful of other nations …
Maggie Fitzgerald / CNBC:
GameStop shares closed up nearly 104% on Wednesday, halting twice for volatility; GameStop said on Tuesday its CFO will resign; stock up 80%+ after hours  —  - GameStop announced Tuesday that its chief financial officer Jim Bell will resign on March 26.  — Sources familiar …
Lauren Kaori Gurley / VICE:
Amazon is sending postal mail to warehouse workers in Bessemer, Alabama urging them to “VOTE NO” on unionization, and has also pushed anti-union ads on Twitch  —  A mysterious new USPS mailbox has appeared on Amazon property amid a historic union drive in Bessemer, Alabama.
Michael McSweeney / The Block:
Optimism, which plans to help scale the Ethereum blockchain with a Layer 2 protocol, raises $25M Series A led by Andreessen Horowitz  —  Optimism, a startup focused on the scalability of the Ethereum blockchain network, has raised a $25 million Series A funding round led by Andreessen Horowitz.
Richard Lawler / Engadget:
ViacomCBS says Paramount+ will cost $5/month with ads and $10/month without ads; the ad tier will be available in June while the ad-free tier starts on March 4  —  ViacomCBS has a ‘mountain of content’ on the way to streaming, including a ‘Halo’ series and ‘Beavis and Butthead.’
Cherlynn Low / Engadget:
Microsoft announces industry cloud packages for financial services, available in March, and for manufacturing and nonprofits, available in June  —  new Industry Cloud service with a suite of tools for the healthcare sector last year and unveiling a Retail-specific version in January, Microsoft is ready to introduce more areas of focus.
Stephanie Condon / ZDNet:
Nvidia beats with Q4 revenue of $5B vs. $4.8B expected, up 61% YoY, data center revenue of $1.9B, up 97% YoY, and gaming revenue of $2.5B, up 67% YoY  —  The GPU maker beat Q4 market expectations with record sales in its two key areas of business.  —  Nvidia on Wednesday published fourth …
Bloomberg:
FCC reveals that for its 5G licenses auction, Verizon spent the most of any carrier with $45.5B, followed by AT&T with $23.4B, and T-Mobile with $9.3B  —  - AT&T is second at $23 billion in bids, followed by T-Mobile  — FCC releases results of so-called C-band airwaves sale
Ingrid Lunden / TechCrunch:
US private equity firm Francisco Partners acquires online genealogy tracking pioneer MyHeritage, source says for $600M  —  Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field.  TechCrunch has learned and confirmed …
More: Geektime and CTechThanks:@ingridlunden
Todd Spangler / Variety:
YouTube to roll out a “supervised” account option in beta in the coming months in more than 80 countries, aimed at kids that are too old for YouTube Kids  —  YouTube is launching a PG version of the internet's biggest video service.  —  A new “supervised” YouTube account option …
ProPublica:
Emails show how Facebook responded to requests by Turkey to censor content during the authoritarian government's 2018 military offensive against Kurds  —  Amid a 2018 Turkish military campaign, Facebook ultimately sided with Turkey's demand to block the page of a mostly Kurdish militia.
Mitchell Clark / The Verge:
iRobot, which makes Roomba vacuums, says a software update to fix issues with i7 and s9 models will take several weeks, after users reported them acting “drunk”  —  Users have reported their robotic helpers acting ‘drunk’  —  iRobot, maker of the robotic Roomba vacuums …
Tim Anderson / The Register:
Google says it has been sponsoring two full-time Linux developers at the Linux Foundation for years to improve security and hopes other companies will follow  —  Plus: Why the Chocolate Factory only uses code it builds from source  —  Interview Worried about the security of Linux and open-source code …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
(BNS) Calvin And Hobbes - With Daniel Kibblesmith
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 9:10 AM ET, February 25, 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

Kia Kokalitcheva / Axios:
Jeff Cox / CNBC:

Earlier Picks

Taylor Lyles / The Verge:
Makena Kelly / The Verge:
Sean Hollister / The Verge: