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July 6, 2020, 9:00 AM
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| Alex Sherman / CNBC: |
Uber buys food delivery service Postmates for $2.65B in an all-stock deal — - Uber agreed to buy Postmates, the fourth-largest U.S. delivery food service, for $2.65 billion in stock. — Uber had attempted to acquire GrubHub last month but talks failed.
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Bloomberg, Business Wire, TechCrunch, Engadget, The Verge, CNET, VentureBeat, The Information, 9to5Mac, Protocol, ZDNet, New York Times, Telegraph, South China Morning Post, Business Insider, Hong Kong Free Press HKFP, Engadget, Uber, Axios, PYMNTS.com, TechCrunch, Reuters, and The Business Journals
| Bloomberg: |
Source: UK to begin phasing out use of Huawei equipment in its 5G network as soon as this year, after report doubted viability of Huawei due to new US sanctions — - Decision would reverse green light given to Chinese tech giant — Minister Dowden to give statement on Huawei before July 22
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Telegraph, Financial Times, The Sunday Times, 9to5Google, news.com.au, The Guardian, BBC, Engadget, Financial Times, Micky, The Verge, Telecoms.com, Fortune, CNBC, SiliconANGLE, Android Central, Sky News, Pocket-lint, South China Morning Post, CNET, and Seeking Alpha
Tweets: @financialtimes, @financialtimes, @ryan_browne_, @shashj, @tom_fowdy, @rayhana, @sunlorrie, @iowbobseely, @sebastianepayne, and @allisterheath
| Newley Purnell / Wall Street Journal: |
Facebook and Telegram say they are suspending requests for user data from Hong Kong police, following a new national security law by China — Company is pausing reviews ‘pending further assessment of the impact of the National Security Law’ — HONG KONG— Facebook Inc.'s FB -1.74% WhatsApp …
More:
9to5Mac and Wall Street Journal
Tweets: @paulmozur, @paulmozur, @paulmozur, @sohamsankaran, @wongmjane, @wongmjane, @paulmozur, and @paulmozur
| Rebecca Heilweil / Vox: |
Even if government use of facial recognition tech is regulated more strictly, issues will remain due to the ubiquity of the same tech in consumer devices — A growing number of gadgets are scanning your face. — Facial recognition is having a reckoning.
More:
The Register
| Filipe Espósito / 9to5Mac: |
iCloud Keychain in iOS 14 alerts users about passwords that are easy to guess and those that may have leaked on the web — In addition to the redesigned Home screen with widgets, App Library, and features like Car Key, iOS 14 and iPadOS 14 brings important enhancements to iCloud Keychain.| Ben Smith / New York Times: |
Netflix began to build its Black content catalog, the envy of Hollywood, in 2015 after the success of “Orange Is the New Black” and a memo from Black employees — The company didn't set out to build a big library of Black programming, but now it's the envy of its rivals.| Michael Flarup / Apply Pixels: |
With macOS 11 Big Sur, Apple seems to have lifted a ban on fun, allowing for an expressiveness in visual design that we haven't seen from it in almost a decade — It's finally here. The thing I have been advocating for through my work, writing, videos and talks for years. A swing of the pendulum.
More:
9to5Mac. Tweets: @sachinrekhi, @lkanies, @natisho, @samhenrigold, @gavmn, @maxrudberg, @flarup, and @flarup
| Paul J. Davies / Wall Street Journal: |
How Wirecard, a global electronic-payments giant that was once valued at $14B+ and said it processed $140B of transactions a year, fully unraveled in eight days — Prosecutors are probing whether the electronic-payments giant used fictitious income to inflate its sales and fool investors; a missing $2 billion| Will Oremus / OneZero : |
A look at some radical proposals for creating better social networks, from establishing sites as nonprofits to restrictions on data collection — An offhand tweet sparked an outpouring of ideas to fix what's broken about Facebook and Twitter — Welcome back to Pattern Matching …
More:
The Guardian and CCN.com
| John Haughey / Washington Examiner: |
Florida becomes first state to enact a DNA privacy law, blocking life, disability, and long-term insurers from accessing genetic data — Florida on Wednesday became the nation's first state to enact a DNA privacy law, prohibiting life, disability and long-term care insurance companies from using genetic tests for coverage purposes.
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MediaNama
| Financial Times: |
Sources: amid India-China tensions, Zomato is unable to access $100M of the $150M it secured from Ant Financial in January as the government reviews the funding — Indian food delivery start-up unable to access $100m of investment from Ant Financial — The $3bn Indian food delivery start … | Catherine Shu / TechCrunch: |
Indonesian startup Payfazz, which uses a network of agents to provide financial services, raises $53M Series B led by B Capital and Insignia Ventures Partners — Indonesia is not only Southeast Asia's most populated country, but also one of the world's fastest-growing economies.
More:
DealStreetAsia and Crowdfund Insider
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