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February 23, 2022, 1:15 AM
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Top News

Casey Newton / Platformer:
Truth Social, like Parler and Gettr, looks to be structured for mostly one-way communication, broadcast primarily to an audience of Trumpist dead-enders  —  Conservative alternative social networks keep making the same mistakes  —  I.  —  Today, let's talk about some of the less obvious ways …
Ilena Peng / Bloomberg:
A profile of RightForge, a web hosting service underpinning Trump's Truth Social and nearly 1,000 other sites, that serves those who feel “censored”
The Verge:
Sony reveals the PlayStation VR2's design: lighter, with a lens adjustment dial, new vent layout, and similar white-and-black color scheme  —  This is the PlayStation VR2  —  Sony has finally revealed the design of its next-generation PlayStation VR2 headset, after it announced it in February 2021 …
Ben Thompson / Stratechery:
With Meta handicapped by Apple's ATT privacy changes, Shopify should build an advertising business to complement Shop Pay and the Shopify Fulfillment Network  —  Tobi Lütke, who famously started Shopify when he realized that the software he built to run his snowboard shop …
Sarah Perez / TechCrunch:
Meta rolls out Facebook Reels to over 150 countries, following the feature's US launch in September 2021, alongside new creative tools and ad formats  —  After publicly launching in the U.S. this past September, Facebook Reels today is becoming globally available in over 150 countries.
Zack Whittaker / TechCrunch:
A look at nine Android spyware apps, installed on ~400K phones, which connect to servers controlled by Vietnam-based 1Byte and share a critical security flaw  —  A fleet of spyware apps share the same security flaw  —  Much of the spyware you hear of today are the powerful nation-state backed exploits …
Alex Wilhelm / TechCrunch:
Alloy Automation, a no-code service for e-commerce companies to automate workflows across multiple applications, raises a $20M Series A led by a16z  —  Alloy Automation, a Y Combinator graduate focused on connecting different e-commerce tools, announced this morning that it has closed a $20 million Series A led by a16z.
Joan E. Solsman / CNET:
Spotify says Car Thing is now on sale in the US for $90, after its April 2021 announcement; in a few weeks, a software update will add Audible support and more  —  Two million raced onto a waitlist for Spotify's first hardware.  Now that it's on sale, Spotify's real road test must prove Car Thing's more than a goofy name.
FinSMEs:
New York-based Timescale, which develops the open-source TimescaleDB time series database, raises a $110M Series C at a $1B+ valuation led by Tiger Global  —  Timescale, a New York-based creator of TimescaleDB, a relational database for time-series, raised $110M in Series C funding at a valuation of over $1 billion.

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This is a Techmeme archive page. It shows how the site appeared at 1:15 AM ET, February 23, 2022.

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

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

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

More News

Ryan Weeks / The Block:
Luna Foundation Guard raises $1B in a sale of LUNA, the native token of Terra's blockchain, to form a BTC-denominated forex reserve for Terra's UST stablecoin

Earlier Picks

Kyle Wiggers / VentureBeat:
Hasura, which helps developers access databases using its open-source GraphQL API, raises a $100M Series C at a $1B valuation led by Greenoaks
Laura Shin / Forbes:
An investigation suggests that Austrian programmer Toby Hoenisch was likely behind The DAO's 2016 hack that diverted 3.64M ETH, now worth $11B
Peter Rudegeair / Wall Street Journal:
SoFi plans to acquire Technisys, which makes tools for banks, in a ~$1.1B all-stock deal; after going public via a SPAC, SoFi's stock is down 28% in 2022
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