| Makena Kelly / The Verge: |
DOJ approves T-Mobile/Sprint merger; Dish will acquire Boost Mobile, Virgin Mobile, Sprint's prepaid business, and “certain” spectrum assets as part of the deal — After over a year of waiting in regulatory limbo — The United States Justice Department has approved … | Chris Welch / The Verge: |
Dish to pay $1.4B for Sprint's prepaid operation and $3.6B for the spectrum, commits to build a 5G network capable of serving 70% of US population by June 2023 — The company promises to reach 70 percent of US population with 5G by 2023 — In step with today's Justice Department approval … | Bloomberg: |
Source: Apple and Goldman Sachs's credit card is targeted to launch as early as the first half of August — - Card aims to bolster Apple services, push consumers to Goldman — The corporate pairing was ambitious, and at times awkward — Apple and Goldman Sachs's hotly anticipated … | CNBC: |
Trump says Apple will not be given tariff waivers or relief for Mac Pro parts made in China, calls on Apple to build products in the US instead — KEY POINTS — President Trump said his administration will not provide waivers or relief for Apple products built in China.| Pavel Alpeyev / Bloomberg: |
SoftBank announces Vision Fund 2, will commit $38B to it with the goal of raising $108B; Apple, Microsoft, and others are expected to contribute — SoftBank Group Corp.'s founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world's most influential technology investor.| Lauren Feiner / CNBC: |
Twitter Q2 earnings beat estimates with revenues of $841M, up 18% YoY, and 139M monetizable daily active users (mDAUs), up 14% YoY; stock up 10%+ — KEY POINTS — Its the first quarterly report with a new measurement of engagement — monetizable daily active users (mDAUs).| Apple: |
| New York Times: |
Senate Intelligence Committee report acknowledges that Russia targeted election systems in all 50 states in 2016, but key lessons for 2020 were redacted — WASHINGTON — The Senate Intelligence Committee concluded Thursday that election systems in all 50 states were targeted by Russia in 2016 … | Manish Singh / TechCrunch: |
| Bloomberg: |
Uber is talking to a number of the major supermarkets around Europe, including Sainsbury's in the UK, about launching a grocery delivery service — - Potential partners are said to include U.K.'s Sainsbury stores — Rivals Deliveroo and Just Eat already have grocery deals| Alphabet: |
| Frederic Lardinois / TechCrunch: |
| Lee Fang / The Intercept: |
Rather than directly engage in controversial contracts, Google continues to invest in military and police AI tech by funding companies through Gradient Ventures — Last year,Google faced internal revolt from many employees over its handling of Project Maven, a secretive contract between … | Quartz: |
Long Island Iced Tea Corp's pivot to blockchain in 2017 is being investigated by the FBI for insider trading and securities fraud, according to search warrants — Even during the heady days of the epic bitcoin bubble in 2017, Long Island Iced Tea Corp.'s pivot to blockchain was a particularly brash ploy to latch onto the crypto hype.| Steve Lohr / New York Times: |
Two antitrust academics say Chris Hughes joined them in meetings with the FTC, the DOJ, and state AGs to lay out a potential antitrust case against Facebook — Chris Hughes used to huddle with Mark Zuckerberg in a Harvard dorm room building Facebook from scratch.| Catalin Cimpanu / ZDNet: |
Marcus “MalwareTech” Hutchins sentenced to time served and one year of supervised release for writing and selling Kronos banking malware — US legal case against security researcher who helped stop WannaCry ransomware outbreak comes to an end. — Marcus ‘MalwareTech’ Hutchins … | Daisuke Wakabayashi / New York Times: |
Rep. Tulsi Gabbard sues Google for briefly suspending her Ads account after the first Democratic debate; Google says unusual activity triggered the suspension — Representative Tulsi Gabbard, the long-shot presidential candidate from Hawaii, said in a federal lawsuit that Google infringed … | Emil Protalinski / VentureBeat: |
Q2 AWS sales grew 37% YoY, the first sub-40% growth rate since Amazon started sharing AWS figures; “other” revenue, mostly its ad business, was $3B, up 37% YoY — Amazon today reported earnings for its second fiscal quarter of 2019, including revenue of $63.4 billion … | Amazon.com: |
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