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February 24, 2022, 1:25 PM
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Top News

Jonathan Greig / ZDNet:
DDoS attacks disrupt several Ukrainian government sites; ESET researchers discover new data wiper malware installed on hundreds of Ukrainian machines  —  Cloudflare said the attack was “relatively modest compared to large DDoS attacks we've handled in the past.”
Arjun Kharpal / CNBC:
As Russia attacks Ukraine, bitcoin falls 5%+, slightly above a one-month low, ether drops 8%+, and others crash, wiping $150B+ off the crypto market in 24 hours  —  - Bitcoin fell to a one-month low on Thursday with other cryptocurrencies including ether plunged.
New York Times:
Experts say Russia could use cryptocurrency tools to lessen the impact of US sanctions, including a forthcoming digital ruble and spoils from ransomware attacks  —  Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware.
Elizabeth Culliford / Reuters:
Twitter says it mistakenly suspended around a dozen accounts posting about Russian military movements near the Ukrainian border, and reinstates some accounts
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:
Meta says it has been developing CAIRaoke, a self-supervised learning AI neural model used to power a voice assistant for the company's AR/VR products  —  This key part of his plan for the metaverse could analyze your voice, eye movements, and body language.
Sarah Perez / TechCrunch:
Reddit revamps its app for the first time in over two years, adding a Discover Tab, updated navigation, and more; Reddit says it has 100K+ active communities  —  Reddit today is launching the first major change to its mobile app in over two years with the addition of a new Discover Tab …
Jennifer Elias / CNBC:
Google reverses course on requiring COVID-19 vaccination for US employees and restores perks at its headquarters as the company prepares to bring back workers  —  - Google's real estate VP told San Francisco Bay Area employees that Covid-19 risk has fallen low enough to reinstate the buzzy …
Kenrick Cai / Forbes:
Philadelphia-based Dbt Labs, which develops an open-source data analytics tool, raises a $222M Series D at a $4.2B valuation led by Altimeter  —  Dbt Labs cofounder and CEO Tristan Handy had lined up a slate of the top crossover funds to invest in his company at a $6.2 billion valuation …
Tweets: @snowflakedb
Richard Lawler / The Verge:
Tumblr launches an ad-free tier for $4.99/month or $39.99/year on desktop and in its app  —  You can fix one of Tumblr's problems, for a fee  —  Tumblr announced today that users can opt out of ads (on the desktop and in its mobile apps) by paying $4.99 per month or purchasing a year of ad-free browsing at a discount for $39.99.
Nathan Munn / The Verge:
A former Pornhub social media editor and content moderator recounts his time at the MindGeek-owned website, and how management prioritized growth over safety  —  In summer of 2010, I was broke and needed a job.  Walking the sunbaked streets of Montreal's downtown, I called up old friends hoping for a lead.
Todd Bishop / GeekWire:
Seattle-based Fabric, which offers e-commerce tools for merchants, raises a $140M Series C led by Vision Fund 2 at a $1.5B valuation  —  Fabric, a Seattle-based e-commerce technology startup whose leadership team includes several former Amazon executives, announced a $140 million Series C funding round …
Dan Goodin / Ars Technica:
The UK and the US identify “Cyclops Blink”, botnet malware tied to the Russian-backed Sandworm hacking group that has been circulating for almost three years  —  The Russian government's Sandworm group uses previously unseen Cyclops Blink.  —  Hackers for one of Russia's …
Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue rose 10% YoY to $38.06B, the slowest growth since its 2014 IPO, as net income dropped 74% YoY to $3.2B; stock drops 6%+  —  - The 10% revenue growth is the slowest quarterly year-on-year growth rate for the company since its 2014 U.S. listing.
Allison Johnson / The Verge:
Motorola debuts $999 Edge Plus with a 6.7" display and up to 144Hz refresh rate, optional Smart Stylus, and 30W wired charging, available in the coming months  —  With the latest Snapdragon processor and a $999 price tag  —  The Motorola Edge X30, announced in China at the end of last year …

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This is a Techmeme archive page. It shows how the site appeared at 1:25 PM ET, February 24, 2022.

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From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Daniel Thomas / Financial Times:
BBC Chair Samir Shah calls for UK's “outdated” regulatory regime to be improved to let public service broadcasters compete with US streaming giants for viewers

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

More News

Sam Byford / The Verge:
Oppo unveils its flagship Find X5 Pro with a 6.7-inch display, updated design, Snapdragon 8 Gen 1, 5,000mAh battery, and 12GB RAM; release and price are TBC
Financial Times:
Retailers such as Forever 21, Nike, and Chipotle have opened virtual world stores on Roblox, as they seek to use the metaverse to drive real-world sales
Brittany Roston / SlashGear:
Microsoft teams up with Twitch to bring back integrated Twitch streaming to Xbox, available on all Xbox One, Xbox Series S and X consoles

Earlier Picks

Joe Williams / Bloomberg:
Cloudflare acquires email protection startup Area 1 Security for $162M in cash and stock; Cloudflare's stock is down 55%+ from its November 2021 all-time high
BBC:
A researcher posing as a 13-year-old girl used a Meta Quest to access VRChat, and witnessed virtual grooming, sexual material, a rape threat, and racist insults
Rachel Treisman / NPR:
Center for Countering Digital Hate: Facebook did not label 50.5% of posts linking to 184 climate change denial articles from 10 publishers since May 2021
Kellen Browning / New York Times:
Despite letting some employees permanently work from home, tech companies are spending billions of dollars expanding their office spaces across the US
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