Techmeme
February 24, 2022, 3:35 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.”
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.
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 dropped more than 8% to touch $34,702.18 at one point Thursday, marking its lowest level in a month.
Elizabeth Culliford / Reuters:
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:
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.
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 …
Eliza Gkritsi / CoinDesk:
China's Supreme Court rules that crypto transactions constitute “illegal fundraising”; violators face up to 10 years in prison and fines of up to $79K  —  The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000.
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 …
Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue rose 10% YoY to $38.06B, the slowest quarterly growth since its 2014 US IPO, and net income fell 74% YoY to ~$3.2B  —  - The 10% revenue growth is the slowest quarterly year-on-year growth rate for the company since its 2014 U.S. listing.

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Earlier Picks

Brittany Roston / SlashGear:
Dan Goodin / Ars Technica:
Joe Williams / Bloomberg:
BBC: