Techmeme
July 5, 2021, 8:05 AM

Top News

Catalin Cimpanu / The Record:
In a post on the REvil dark web blog, the gang takes credit for the Kaseya attack, claims it infected 1M+ systems, and demands $70M in bitcoin for the decryptor  —  The REvil ransomware gang is asking for a $70 million ransom payment to publish a universal decryptor that can unlock …
Trevor Hunnicutt / Reuters:
President Biden says he has directed US intelligence agencies to investigate the Kaseya ransomware attack and adds “we're not certain” who is behind the attack  —  President Joe Biden said on Saturday he has directed U.S. intelligence agencies to investigate who was behind …
Catalin Cimpanu / The Record:
Bloomberg:
Just days after Didi's NYSE debut, Chinese regulators mandate app stores ban Didi Chuxing app, alleging violations in its collection and usage of personal info  —  - Internet watchdog asks operators to remove ride-hailing app  — The surprise ban comes days after Didi's New York debut
Wall Street Journal:
Mark Gurman / Bloomberg:
A look at Apple's changing attitudes towards decentralizing out of Silicon Valley, hybrid work arrangements, and remote work options for a post-pandemic world  —  This is the free version of Power On.  If you like it, consider subscribing to Bloomberg.com — you'll receive …
Tage Kene-Okafor / TechCrunch:
Egypt-based MaxAB, a B2B food and grocery delivery startup, raises $40M Series A led by RMBV  —  Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever.
More: TechCabal
The Economic Times:
Hypersonix, which offers a data analytics service to e-commerce and other industries, raises $35M Series B at a valuation of $200M, up ~4x from March 2020  —  Mumbai: Hypersonix, an enterprise AI platform for commerce, has raised $35 million as part of its Series B funding round led …
Andy Mukherjee / Bloomberg:
India is targeting Amazon and Walmart ostensibly to protect SMBs, but in reality it is creating a protectionist economy that benefits select local tycoons  —  A protectionist economy is being created that will benefit a select group of tycoons.  Despite investing billions of dollars, the U.S. giants still aren't on the shortlist.

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Featured Podcasts

The Nick, Dick and Paul Show:
An Intro to Data Centers
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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Big Technology Podcast:
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Conversations with people I admire about things I'm genuinely interested in.
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Channels with Peter Kafka:
Chuck Klosterman on Why Football Owns TV (and Why It Won't Forever)
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Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

Antonia Timmerman / Rest of World:
Brad Stone / New York Times:

Earlier Picks

CTech:
Dan Goodin / Ars Technica: