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July 6, 2021, 10:55 AM
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| The Verge: |
Nintendo announces an updated Switch with a larger 7-inch 720P OLED display, 64GB storage, improved audio, and more, on sale starting October 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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YouTube, Business Wire, Laptop Mag, PCWorld, HotHardware.com News, CNET, VentureBeat, Gizmodo, Bloomberg, mobilesyrup.com, XDA Developers, techadvisor.com, TNW, Forbes, USA Today, Tom's Hardware, Android Authority, Engadget, TechCrunch, CNET, GamesIndustry.biz, CNBC, KnowTechie, t3.com, IGN, MUO, Kotaku, Digital Trends, BGR, Input, Wccftech, GameSpot, VG247, 9to5Toys, iMore, Eurogamer.net, Kotaku Australia, GamingBolt, and TechRadar
| Wall Street Journal: |
Sources: weeks before Didi's US IPO, the Chinese regulator that eventually ordered Didi's app banned had suggested to the company that it delay the listing — Ride-hailing giant, under pressure to reward shareholders, pushed ahead with NYSE listing despite concerns of China's cybersecurity watchdog
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Tweets: @lingling_wei, @angelazhanghk, @lizalinwsj, @jchengwsj, @arjunkharpal, @doveywan, @arjunkharpal, @vshih2, @zhangtaisu, @bobdavis187, @gwbstr, @jasonzweigwsj, @stevejang, @baldingsworld, @jchengwsj, @caixin, @herbgreenberg, @next_china, @followtheh, @reutersus, @grizzlemedia, @winfieldsmart, @etnowlive, @tanvi_ratna, @akramsrazor, and @chinaresearchgp
| Bloomberg: |
Didi shares fell as much as 30% in pre-market trading after a Chinese regulator ordered it to be removed from app stores, wiping out ~$22B of market value — - Didi shares tumble in premarket, erasing $22 billion of value — Shares of Full Truck Alliance, Kanzhun also sink on China move
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Wall Street Journal, Financial Times, Nikkei Asia, Softpedia News, and Bloomberg
Tweets: @northmantrader, @thestalwart, @robert_spalding, @apompliano, @ramyinocencio, and @chorzempamartin
| 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 …
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Reuters, The Verge, The Economic Times, The Economic Times, TNW, Hindustan Times, Neowin, and Engadget
Tweets: @corrine0116, @evelyndouek, @campuscodi, @aaschapiro, and @charlesmok
| Paul Mozur / New York Times: |
Trade group representing Apple, Google, Facebook, others warns that the companies could stop their services in Hong Kong if planned anti-doxxing rules go ahead — A trade group representing Google, Facebook, Amazon, Apple and others said changes to a Hong Kong privacy law could stop firms from providing services in the city.| 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.| 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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Forbes, GamesIndustry.biz, VG247, GameSpot, Video Games Chronicle, Pocket Gamer.biz, GamingBolt, and Dot Esports. Tweets: @micar
| Joe Pompeo / Vanity Fair: |
After being canceled last year, Allen & Co.'s annual Sun Valley conference starts Tuesday with CEOs from Apple, Facebook, Amazon, and Netflix attending — All around, even as the Delta variant begins to sink its teeth into unvaccinated pockets of the U.S., there are signs of life getting …
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NPR, Axios, AppleInsider, MacRumors, Philip Elmer‑DeWitt, 9to5Mac, Reclaim The Net, The Information, Daily Mail, Insider, New York Post, iMore, Wall Street Journal, and Insider
Tweets: @npr, @grossdm, @sherman4949, @teddyschleifer, @theinformation, @sistahasali, @wolven, @davidgura, @katiephang, @dcutler1958, @wsj, and @rabbishmuley
| Ryan Browne / CNBC: |
Danish startup Pleo, which offers smart company cards that automate expense reports, raises $150M Series C at a $1.7B valuation — - Danish start-up Pleo raised $150 million in a financing round co-led by Bain Capital Ventures and Thrive Capital. — The company is now valued at $1.7 billion …
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TechCrunch, Finextra, FinSMEs, PYMNTS.com, Coinspeaker, Tech News, and EU-Startups. Thanks:@ryan_browne_
| 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 …
Tweets: @bhuvanbagga and @tculpan
| Ryan Gallagher / Bloomberg: |
A new database by human rights groups documents 60+ cases in which NSO's spyware has been used by authoritarian regimes to target dissidents and critics — - Database maps global misuse of spyware, researchers say — NSO defends technology, says database is likely old claims| Saritha Rai / Bloomberg: |
Pine Labs, a payments company and SaaS provider for merchants in India and SE Asia, raises $600M at a $3B valuation, says it plans to IPO in the next 18 months — - Pine Labs targets possible U.S. initial offering in 18 months — Singapore fintech company now valued at $3 billion, CEO says
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Silicon Republic, Tech in Asia, PYMNTS.com, KrASIA, Entrackr, TechCrunch, Livemint, and Coinspeaker. Tweets: @amrishrau
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