Techmeme
July 10, 2021, 11:00 AM

Top News

CNBC:
Biden signs an EO calling on regulators to enact reforms such as increasing scrutiny of tech mergers and focusing more on moves like “killer acquisitions”  —  - President Joe Biden signed a new executive order aimed at cracking down on anti-competitive practices in Big Tech, labor and numerous other sectors.
Josh Sisco / The Information:
Sources: the FTC has opened an in-depth investigation into Amazon's purchase of MGM  —  Any hopes that Amazon had of completing its $8.5 billion purchase of movie and TV studio MGM anytime soon may have just gone out the window.  —  The Federal Trade Commission on Friday opened …
Richard Lawler / The Verge:
Deanna Paul / Wall Street Journal:
New York City opens a real-time cyberattack defense center, the first major US metropolitan area to do so, with 282 partners sharing info on potential threats  —  Initiative brings together government agencies and business groups to share intelligence and respond to digital threats
Jay Peters / The Verge:
Square announces it will build a hardware wallet for bitcoin, after Jack Dorsey had discussed the possibility of creating one in June  —  CEO Jack Dorsey said the company was considering one in June  —  Square is going to make a hardware wallet for bitcoin, the company's hardware lead, Jesse Dorogusker, announced on Thursday.
Charlie Taylor / The Irish Times:
Ireland-based Teamwork, which creates business management SaaS applications, raises $70M, its first-ever external funding since its founding in 2007  —  Founded by Daniel Mackey and Peter Coppinger, Teamwork's clients include Disney  —  Irish software company Teamwork has secured $70 million …
Joseph Cox / VICE:
Phones with the “Anom” messaging app used in FBI and AFP's global sting are being sold on the secondary market, revealing the ArcaneOS operating system and more  —  ‘Anom’ phones used in an FBI honeypot are mysteriously showing up on the secondary market.  We bought one.  —  Joseph Cox
Eugene Scott / Washington Post:
Biden warns Putin in a call that the US “will take any necessary action” to defend its people and critical infrastructure, after the latest ransomware attacks  —  President Biden told Russian President Vladimir Putin on Friday that the United States will take “any necessary action” …

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The Information:
Sahil Patel / The Information:

Earlier Picks

Lindsey Ellefson / The Wrap:
Sara Fischer / Axios:
Sarah Frier / New York Times:
John Davidson / The Australian Financial Review: