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June 30, 2019, 8:15 AM
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| Wall Street Journal: |
Trump says he will allow sales of US equipment to Huawei, where there are no national security issues, for now; US will not impose new tariffs on China — U.S. agrees to halt additional tariffs on Chinese goods for now — OSAKA, Japan—President Trump and Chinese President Xi Jinping agreed …
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| Wall Street Journal: |
Source: Bytedance spent ~$1B advertising TikTok in 2018, heavily promoting its short video app on Facebook and Instagram, and becoming Snap's biggest advertiser — China's first big hit in the U.S. uses an advanced algorithm to personalize its video-sharing app, and parent Bytedance's enormous ad spending … | Christopher Mims / Wall Street Journal: |
A look at the challenges, downsides, and huge costs of 5G rollout in the US, which may take a decade or more to complete — As carriers launch their 5G networks, the promise of superfast wireless is clashing with the reality of the rollout; ‘the real onslaught has not yet begun’| Andrew Liptak / The Verge: |
Ex-Equifax CIO Jun Ying sentenced to four months in prison for insider trading; he pleaded guilty to selling Equifax shares prior to 2017's breach announcement — Four months of jail time — The Justice Department announced this week that former Equifax CIO Jun Ying has been sentenced to four months in prison for insider trading.| Celia Chen / South China Morning Post: |
Profile of Foxconn's new chairman Liu Young-way, who joined the firm as a special assistant to Gou in 2007 and was named head of semiconductor business in 2017 — Gou remains the largest shareholder with 10 per cent of the company's shares and retains his seat on the board Low profile head … | Joseph Bernstein / BuzzFeed News: |
A look at a dispute among Wikipedia administrators and some on the Wikimedia Foundation board after a prolific, long-serving administrator was banned for a year — The once-derided open-source encyclopedia is the closest thing the internet has to an oasis of truth.
Tweets: @petersuber, @bernstein, @shinyemptyhead, @buzzfeednews, @mattzeitlin, @jeffgiesea, @bernstein, @bernstein, and @wikielite
| Rachel Premack / Business Insider: |
Amazon Air has started operations in Anchorage, Alaska, which could allow Amazon to expand its in-house logistics to moving goods to and from Asia — - Observers say Amazon is building a logistics empire to compete with UPS and FedEx. — Beginning June 27, Amazon will start daily operations …
Tweets: @rrpre
| Andrii Degeler / Tech.eu: |
Creative Group, which offers mobile phone top-ups and e-vouchers for iTunes, Google, Spotify, Xbox, PlayStation, and other online services, raises €22M — Creative Group, a fintech startup headquartered in Nijmegen, the Netherlands, has landed a €22 million in funding from Prime Ventures …
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| Daina Beth Solomon / Reuters: |
Walmart de Mexico says it is now offering grocery delivery via WhatsApp, charging ~$2.55 for a delivery within 90 minutes and ~$2.03 for longer waits — MEXICO CITY (Reuters) - Walmart's Mexico unit has begun offering grocery delivery from its Superama stores via messaging service WhatsApp … | Kyle Wiggers / VentureBeat: |
Booster, which enables fuel delivery directly to cars via an app in more than 20 US cities, raises $56M Series C, bringing total raised to $88.5M — Booster, a San Mateo, California-based startup offering same-day fuel delivery service in the U.S., today announced that it's raised $56 million … | Bloomberg: |
EU-based IT-consultant Capgemini to buy Altran for $4.1B, to fill the gap in its services competing with rivals like Accenture for IoT, 5G, and AI contracts — Capgemini SE said it will acquire Altran Technologies SA for 14 euros-a-share to expand its software engineering network with internet and technology companies.| Patience Haggin / Wall Street Journal: |
Data mining and ad targeting company LiveRamp, formerly known as Acxiom, to acquire Data Plus Math, which helps advertisers analyze TV viewer data, for $150M — Cash-and-stock deal, valued at $150 million, combines companies' data sets that help advertisers check efficiency of campaigns
Tweets: @simonjharris
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