After two years, Spotify will launch its HiFi tier with lossless music streaming through a “Supremium” plan later this year, which may cost more than $9.99 per month. Bloomberg reported that the company is launching this new plan to boost revenue and appease investors seeking a price increase. The non-U.S. …

Reddit must pay a ransom or release stolen data. The BlackCat ransomware gang, also known as ALPHV, posted on its dark web leak site that it stole 80 gigabytes of compressed Reddit data in February. Reddit spokesperson Gina Antonini declined TechCrunch’s questions but confirmed that BlackCat’s claims relate to a …

Yellow, an asset financier for solar energy and digital devices in Africa, raised $14 million series B funding led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, and Platform Investment Partners. Mike Heyink and Maya Stewart founded Yellow in Malawi in 2018 to …

While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, modding and analytics appear to be thriving. Wargraphs, a one-man startup that makes Porofessor, a League of Legends companion app that helps players track and improve their stats, is …

Reddit CEO Steve Huffman is unfazed by platform API protests. Huffman told The Verge, NBCNews, and NPR that the API was not designed to support third-party apps. In these interviews, the Reddit co-founder discussed protesting moderators, site rules, and profitability. The platform’s CEO seems unmoved by the community’s strongest backlash. …

Multiple federal agencies have been attacked using a popular file transfer tool’s security flaw, according to the U.S. government. CISA told that “several” U.S. government agencies were breached by Progress Software’s MOVEit Transfer enterprise file transfer tool. The agency also attributed the attacks to the Russia-linked Clop ransomware gang, which …

Today, Meta launched Instagram Channels for global messaging. It was previously available to select creators and users. On his channel, Mark Zuckerberg recommended the International Cricket Council (ICC), director Karen X. Cheng, influencer Michael Le, and artist Daniel Arsham. In February, Instagram launched Channels to let creators send one-to-many messages …

After a large protest against Reddit’s API changes ends on June 14, over 300 subreddits, including r/aww, r/music, r/videos, and r/futurology, will go dark indefinitely. This blackout prevents access to these communities. After The Verge reported that Reddit CEO Steve Huffman said “Like all blowups on Reddit, this one will …

According to court documents, Twitter owes three months of rent to its Boulder landlord and has been evicted. Twitter has been plagued by unpaid bills since Elon Musk took over. Twitter stopped paying rent for months, which suggests its operations may be worse than expected. Lot 2 SBO LLC, the …

While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, modding and analytics appear to be thriving. Wargraphs, a one-man startup that makes Porofessor, a League of Legends companion app that helps players track and improve their stats, is …