Monthly Archives: February 2024

Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

Posted on February 23, 2024 by Techme101

On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.

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Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

Posted on February 23, 2024 by Techme101

Only one of Reddit’s two cofounders is named in a new filing that puts the company weeks away from going public. Ohanian and Steve Huffman, now CEO, fell out in 2020.

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UnitedHealth says Change Healthcare hacked by nation state, as pharmacy outages drag on

Posted on February 23, 2024 by Techme101

U.S. health insurance giant UnitedHealth Group said Thursday in a filing with government regulators that its subsidiary Change Healthcare was compromised likely by government-backed hackers. In a filing Thursday, UHG blamed the ongoing cybersecurity incident affecting Change Healthcare on suspected … Continue reading →

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Google introduces advanced AI capabilities to advertisers through Gemini integration

Posted on February 23, 2024 by Techme101

Google announced on Thursday its plans to enhance its advertising products with the integration of its Gemini artificial intelligence models, aiming to offer advanced AI capabilities to a broader range of its customers. According to a Reuters report, this move … Continue reading →

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Reddit’s IPO filing reveals major stake by OpenAI CEO Sam Altman

Posted on February 23, 2024 by Techme101

Reddit, the popular social media platform, has officially filed its IPO prospectus with the Securities and Exchange Commission, marking a significant step toward its market debut on the New York Stock Exchange under the ticker symbol “RDDT.” This move, as … Continue reading →

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Employees saved Elon Musk from himself with Twitter Files

Posted on February 23, 2024 by Techme101

Elon Musk‘s Twitter takeover has been anything but simple. In fact, his $44 billion acquisition of the social media site — now rebranded as X — is the subject of an ongoing US Securities and Exchange Commission investigation. The investigation … Continue reading →

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Brightbook Review 2024: Features, Alternatives, Pros & Cons

Posted on February 23, 2024 by Techme101

Brightbook is completely free, but its features, reports and customizations are rather limited.

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Tumblr CEO publicly spars with trans user over account ban, revealing private account names in the process

Posted on February 23, 2024 by Techme101

Matt Mullenweg, CEO of Tumblr owner Automattic, is supposed to be on sabbatical. Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked communitywide outcry and accusations of transphobia. Over the last few days, the … Continue reading →

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Crypto users in Nigeria briefly lose access to Binance, Kraken and Coinbase

Posted on February 23, 2024 by Techme101

Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), received instructions from the … Continue reading →

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Block shares surge as much as 14% after company announces surprise profit

Posted on February 23, 2024 by Techme101

There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.

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