| Golnaz Esfandiari / Radio Free Europe/Radio Liberty: |
Iran's Energy Ministry says that power consumption jumped 7% in June, largely due to Bitcoin mining, making the power grid unstable, seizes 1,000 Bitcoin miners — Iran has blamed an “unusual” spike in electricity consumption in the country on cryptocurrency miners, while warning … | 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 … | Alyssa Bereznak / The Ringer: |
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists — Lil Nas X's ‘Old Town Road’ is both a chart-topping phenomenon and a turning point for the music business. Here's what happens when a social media platform becomes a label.| 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.| Kyle Bradshaw / 9to5Google: |
Google launches Fuchsia OS developer website with official documentation about developing for its open source operating system — As was repeatedly made plain to see during this year's Google I/O, developers are eager to learn more about Google's Fuchsia OS.| Lauren Goode / Wired: |
Interview with Google's Matías Duarte on his smartphone notification designs while at Danger between 2000-2005 and what can be done to make notifications better — NOTIFICATIONS ARE, AT the most basic level, a method of alerting people to some piece of information, often with some element of urgency.| 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 … | 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 … | 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 … | 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 …
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| Joseph Bernstein / BuzzFeed News: |
| Juli Clover / MacRumors: |
| H. Claire Brown / The New Food Economy: |