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July 6, 2021, 3:45 PM
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| 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.
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Tweets: @fxshaw, @pradeepviswav, @dmccabe, @kantrowitz, @mhbergen, @dmccabe, @shiraovide, and @carnage4life
| 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
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Wall Street Journal, Telegraph, PYMNTS.com, South China Morning Post, Nikkei Asia, CNBC, caixinglobal.com, and Reuters
Tweets: @emilyzfeng, @ethanbearman, @business, @jchengwsj, @nerysinchina, and @jchengwsj
| 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 … | 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.
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Tweets: @nintendoamerica, @tylerglaiel, @kazooie94, @mcbiggitty, @soldierknowbest, @apathycreates, @tomwarren, @sam_l_shead, @jonporty, @zhugeex, @liquidhbox, @jaypeters, @loudmouthjulia, @wario64, @theblackhokage, @lordravenscraft, @austinnotduncan, @rubberninja, @agentbizzle, @ow, @_notoriousdre, @reckless, and @notpatrick
| 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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Tweets: @chrisfralic, @johnhopebryant, @khoslaventures, @themaxburns, @nextdoor, @evelyndouek, @jppullen, @quinnypig, @aleximenez, @m2jr, and @bgurley
| 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 …
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VentureBeat, VG247, Gamereactor UK, Forbes, Pocket Gamer.biz, GameSpot, GamesIndustry.biz, Twinfinite, GamingBolt, Video Games Chronicle, MSPoweruser, and Dot Esports. Tweets: @micar
| 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.| Loni Prinsloo / Bloomberg: |
Facebook partners with Liquid to lay 1,243 miles of fiber in the Democratic Republic of Congo, which will connect to the 2Africa cable in 2024 — Facebook Inc. and Africa's largest fiber company, Liquid Intelligent Technologies, are extending their reach on the continent by laying 2,000 kilometers … | 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.
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Silicon Republic, The Hill, CNBC, VICE, Reuters, Washington Post, Inside Out Security, Fox Business, Fast Company, TechRadar, SecurityWeek, Securelist, iTnews, and PYMNTS.com
Tweets: @razhael, @vxunderground, @erratarob, and @kellen_browning
| 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| Rest of World: |
Four “keyboard fighters” in Myanmar discuss their online activism on Facebook, Twitter, and Telegram to combat the regime's misinfo campaigns and propaganda — A group of young Burmese are braving blackouts and crackdowns to make sure the world stays focused on what's happening in their country.| Biz Carson / Protocol: |
Y Combinator launches a free co-founder matching service and says only four of the top 100 YC-backed companies came to the program without a co-founder — It's a question Y Combinator's Kyle Corbitt has heard over and over again: How do I find a co-founder?
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Y Combinator and Y Combinator
| Reuters: |
Sources: Weibo chairman and a state investor are in talks to take the Chinese company private in a deal that would value the firm at over $20B — Weibo Corp chairman Charles Chao and a state investor are in talks to take the Chinese company private in a deal which would value the Twitter …
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