reddit
Updated: about 1 hour ago
techmeme
Updated: less than an hour ago
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Ethiopia's central bank says "a glitch" let Commercial Bank customers withdraw more cash than was in the account for hours; local media says $40M+ was withdrawn (Kalkidan Yibeltal/BBC)
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Source: Ant CEO and Chair Eric Jing says Han Xinyi will become Ant Group president and some units plan to set up their own boards to operate more independently (Casey Hall/Reuters)
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Filing: Reddit says Nokia accused the company of infringing some of its patents, and is evaluating Nokia's claims, ahead of its planned IPO this week (Lynn Doan/Bloomberg)
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Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series E in 2022 (Olivia Poh/Bloomberg)
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At an EU DMA hearing, a Meta lawyer says the company has offered to cut its EU subscription fee from €9.99 to €5.99 per month after discussions with regulators (Foo Yun Chee/Reuters)
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Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs (Bloomberg)
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Sources: senior DOJ officials plan to hold closed-door Senate briefings on March 19 and 20 to advance a TikTok divestiture, as opposed to an outright US ban (Bloomberg)
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On the first day of his trial, US prosecutors portray Mike Lynch as "a controlling, dominating, intimidating boss" and "driving force behind [a] massive fraud" (Richard Waters/Financial Times)
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A look at Playtron, which raised a $10M seed to build a Linux-based, platform-agnostic gaming OS to replace Windows or SteamOS, starting with handheld consoles (Sean Hollister/The Verge)
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Solana meme coin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have "burned" tokens set aside for an airdrop (Shaurya Malwa/CoinDesk)
neowin
Updated: less than an hour ago
io9
Updated: about 20 hours ago