Techmeme
July 6, 2021, 7:00 PM

Top News

CNBC:
Pentagon says it has canceled the $10B JEDI cloud contract, which had been awarded to Microsoft but faced legal challenges from Amazon  —  The Department of Defense announced Tuesday it's calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.
Bloomberg:
China issues a sweeping warning to its biggest companies, vowing to tighten oversight of data security and update rules for overseas listings  —  - Move comes after China started cybersecurity probe of Didi  — Beijing has grown increasingly concerned over data security
Bloomberg:
Justin Sink / Bloomberg:
Source: Biden will direct the FTC to draft new right-to-repair rules, with an explicit mention of mobile phone manufacturers expected in the directive  —  - Order may loosen rules on who can undertake phone repairs  — Pentagon contractors, farm equipment also under scrutiny
The Verge:
Nintendo unveils an updated Switch with a larger 7" 720P OLED display, 64GB storage, improved audio, but the same CPU and RAM, on sale starting Oct. 8 for $350  —  Nintendo's new Switch is official  —  Nintendo is announcing a new Switch model today with a larger 7-inch 720p OLED display.
Bloomberg:
Sources: state-backed Russian hacking group APT29 breached the RNC last week, possibly via IT provider Synnex; RNC says there's is no indication it was hacked  —  - Hackers part of ‘Cozy Bear,’ people familiar with matter say  — RNC official says ‘no indication’ computer systems hacked
Manish Singh / TechCrunch:
In a court filing, India's government says Twitter has lost its liability protection there since it has failed to comply with IT rules introduced in February  —  Twitter no longer enjoys the liability protection against user-generated content in India, the government said in a court filing …
Raphael Satter / Reuters:
Kaseya's CEO says between 800 and 1,500 businesses have been affected globally by the ransomware attack centered on Kaseya  —  Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday.
Dean Takahashi / VentureBeat:
Amazon open sources its Lumberyard game engine; the project will be overseen by the Linux Foundation and now be called the Open 3D Engine  —  Where does your enterprise stand on the AI adoption curve?  Take our AI survey to find out.  —  Amazon is contributing its Lumberyard game engine to open source …
Nicole Sperling / New York Times:
A look at the future of MGM under Amazon, as the recently reinvigorated Hollywood institution finds its place within Amazon's streaming plans  —  Michael De Luca and Pamela Abdy have reinvigorated a once-storied Hollywood institution.  Now it needs to figure out its place in a streaming company.
Craig Chapple / Sensor Tower Blog:
Pokémon GO has surpassed $5B in revenue from player spending as the game celebrates its five-year anniversary  —  Smash hit Geolocation AR title Pokémon GO from Niantic has surpassed $5 billion from player spending as the title celebrates its five-year anniversary since its launch back in 2016 …
Kim Hart / Axios:
Nextdoor announces that it has agreed to go public via a SPAC sponsored by Khosla Ventures at an implied valuation of $4.3B  —  Nextdoor, the neighborhood social network in more than 275,000 global communities, announced that is has agreed to go public via a SPAC sponsored by Khosla Ventures — at an implied valuation of $4.3 billion.

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