Techmeme
February 24, 2022, 8:30 PM

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.”
Reuters:
Sources: Ukraine is asking for volunteers from its hacker community to protect critical infrastructure and conduct cyber spying missions against Russian troops  —  The government of Ukraine is asking for volunteers from the country's hacker underground to help protect critical infrastructure …
Reuters:
Experts say Russia's invasion of Ukraine could exacerbate chip shortages; Ukraine supplies 90%+ of US semiconductor-grade neon critical for chipmaking lasers  —  Russia's invasion of Ukraine read more by land, air and sea risks reverberating across the global chip industry and exacerbating current supply-chain constraints.
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.
Lauren Feiner / CNBC:
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020  —  - Coinbase reported fourth-quarter earnings after the bell on Thursday.  — The earnings come after major cryptocurrencies saw …
Michael McSweeney / The Block:
Block reports Q4 revenue of $4.08B, up 29% YoY, and $1.96B in Cash App bitcoin revenue, up 12% YoY; bitcoin revenue hit $10B in 2021, up 119%; stock is up 20%+  —  Quick Take  — Payments company Block, formerly known as Square, said Thursday that it made $1.96 billion in bitcoin revenue during …
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 …
Nathan Munn / The Verge:
A former Pornhub social media manager 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.
Financial Times:
Media Partners Asia: Netflix has just 5.5M subscribers in India, far below its 100M goal from 2016, behind Amazon Prime Video's 16M and Disney+ Hotstar's 50M  —  Streaming juggernaut wanted 100mn subscribers in the country but has managed just 5.5mn  —  Back in 2016, when Netflix launched in India …
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.
Adi Robertson / The Verge:
Allison Johnson / The Verge:
Motorola debuts $999 Edge Plus with a 6.7" display and up to a 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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Earlier Picks

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