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February 22, 2024, 7:20 PM
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Top News

Jonathan Vanian / CNBC:
Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU  —  - Reddit on Thursday filed to go public.  — Its market debut will mark the first major tech initial public offering of the year …
Abner Li / 9to5Google:
Google strikes a deal with Reddit, reportedly for $60M/year, gaining Reddit Data API access to surface more Reddit content in Search and to train its AI models
Jake Rudnitsky / Bloomberg:
Google plans to “pause the image generation of people” via Gemini and “re-release an improved version soon” while working to fix its race inaccuracy “issues”  —  - Critics on X say model is unable to accurately depict races  — Google said it will re-release an improved version soon
Jessica Lyons / The Register:
Filing: UnitedHealth says a “suspected nation-state” actor had access to systems of IT provider Change Healthcare, prompting an outage at pharmacies in the US  —  Prescription orders hit after IT supplier Change Healthcare pulls plug on systems  —  UPDATED IT provider Change Healthcare …
Reuters:
AT&T restores cellular service after a 10+ hour outage that started at 4:30AM ET across the US; the cause for the outage is still unknown  —  A cellular phone service outage on Thursday hit thousands of AT&T (T.N) users in the United States, disrupting calls and text messages …
Ismail Shakil / Reuters:
The US FTC says Avast needs to pay $16.5M and stop selling web browsing data for ads to settle charges that the UK company misrepresented its use of such data  —  Software provider Avast Plc will need to pay $16.5 million and stop selling any web browsing data for advertising purposes …
Sarah Perez / TechCrunch:
Bluesky opens up federation, letting anyone run their own server that connects to Bluesky's network, which uses the AT Protocol; Mastodon uses ActivityPub  —  Social network Bluesky, a competitor to X, Threads, Mastodon, and others, is opening up its doors with today's news that the network …
Tom Warren / The Verge:
Sony is testing PC support for its PlayStation VR2 headset, which currently works exclusively with the PS5, and hopes “to make this support available in 2024”  —  Sony's PlayStation VR2 headset is designed to work exclusively with a PS5, but the company is now testing out support for PC.
Sean Michael Kerner / VentureBeat:
Stability AI debuts a preview of Stable Diffusion 3.0, its next-gen flagship text-to-image model, aiming to offer improved image quality and better performance  —  Stability AI is out today with an early preview of its Stable Diffusion 3.0 next-generation flagship text-to-image generative AI model.
Washington Post:
Leaked files detail Chinese state-linked hacking groups carrying out large-scale, systematic cyber intrusions against governments, companies, and infrastructure  —  A trove of leaked documents from a Chinese state-linked hacking group shows that Beijing's intelligence and military groups …
Jess Weatherbed / The Verge:
Google rolls out its Gemini-powered “Help me write” tool in Chrome for macOS and Windows for English-speaking US users, offering shortform writing suggestions  —  Google has started rolling out “Help me write” — an experimental Gemini-powered generative AI feature for its Chrome browser …
Abner Li / 9to5Google:
Google says its Google Pay app GPay and its P2P payment feature will stop working in the US on June 4, 2024, but will remain available in India and Singapore  —  When Google Wallet launched in 2022, Google kept the “GPay” app around in a handful of countries.
Financial Times:
Sources: Nigeria ordered telecoms to restrict access to the websites of some of the world's largest crypto exchanges, including Binance, Coinbase, and Kraken  —  Local consumers given only restricted access to markets like Binance and Coinbase  —  Authorities in Nigeria have blocked access …
Ben Schoon / 9to5Google:
Samsung plans to roll out One UI 6.1 in “late March” for the Galaxy S23 series, Z Fold 5, Z Flip 5, and Tab 9 series, adding the full Galaxy AI suite and more  —  Samsung's next big Android update, One UI 6.1, debuted on the Galaxy S24 series last month, but is getting ready to make its way to more Galaxy devices.
Bloomberg:
EigenLayer, which facilitates crypto “restaking” to build Ethereum projects via a points system, raised $100M from a16z, after raising $50M in March 2023  —  - VC firm was the sole investor in EigenLayer's funding round  — Crypto venture investments declined sharply in the past year
Shivam Patel / Reuters:
X reports taking down accounts and posts following an order by the Indian government, which local media tied to farmers' protests, but disagrees with the action  —  Social media platform X said on Thursday it took down certain accounts and posts following an order by the Indian government …
Ivan Mehta / TechCrunch:
Meta's Oversight Board extends its scope to Threads, letting users appeal Meta's content moderation decisions with the same process as on Facebook and Instagram  —  Meta's external advisory group, its Oversight Board, announced today that it is expanding its scope to Threads along with Facebook …
Lauly Li / Nikkei Asia:
Sources: Google plans to start assembling the Pixel 8 Pro in southern India in Q2 2024, followed by production of the Pixel 8 in northern India around mid-2024  —  Search engine giant joins Apple, Samsung in tapping big South Asian market  —  Google will prepare a production line …
Hannah Lang / Reuters:
Block reports Q4 revenue up 24% YoY to $5.77B, Square profit up 18% YoY, Cash App profit up 25% YoY, and forecasts Q1 adjusted EBITDA above est.; SQ jumps 12%+  —  Jack Dorsey-led Block (SQ.N) on Thursday forecast adjusted core earnings for the current quarter above Wall Street estimates …
Sheila Dang / Reuters:
Google plans to integrate Gemini into its Performance Max ad placement tool, helping brands generate longer headlines, after adding Gemini into Google Workspace  —  Alphabet's (GOOGL.O) Google said on Thursday it will integrate its Gemini artificial intelligence models into an existing product …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:20 PM ET, February 22, 2024.

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.

From Mediagazer

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

More News

Dr Richard Fletcher / Reuters Institute for the Study of Journalism:
Analysis: at 2023's end, 48% of the top news websites in the US, the UK, and eight others had blocked OpenAI's crawler and 24% had blocked Google's AI crawler

Earlier Picks

Ivan Mehta / TechCrunch:
Instagram debuts its marketplace tool to connect brands and creators for partnerships or ads in Canada, Australia, New Zealand, the UK, Japan, India, and Brazil
Manish Singh / TechCrunch:
Walmart's PhonePe debuts its Indus Appstore in India, featuring 200K+ apps; the Android app store is available as an app that users first have to sideload
Jennifer Pattison Tuohy / The Verge:
Amazon's $180 Echo Hub review: fast and interactive widgets, supports Zigbee, Thread, and Matter, but a laggy touchscreen and some features need a subscription
Anna Tong / Reuters:
Over 850 people, including AI experts and executives, sign an open letter calling for more regulation of deepfakes, such as by criminalizing deepfake child porn
Taylor Soper / GeekWire:
Techstars is shutting down its Seattle program, which was started in 2010, to focus on “cities with the highest concentration of VC activity and other startups”
Carly Page / TechCrunch:
Researchers warn that hackers are exploiting ConnectWise's remote access tool via a flaw “embarrassingly easy” to exploit; ConnectWise has confirmed the attacks
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