Techmeme
July 6, 2020, 5:05 PM

Top News

Andrew J. Hawkins / The Verge:
US says Bird received a Paycheck Protection Program loan of $5M-$10M, but Bird, which recently laid off 400+, says it neither applied for nor received said loan  —  Scooter companies, AV startups, LIDAR manufacturers among companies receiving PPP loans  —  Bird, the beleaguered e-scooter company …
Nikhilesh De / CoinDesk:
Overview of US gov't data on Paycheck Protection Program loans received by 40+ blockchain firms, led by ConsenSys, which allegedly received $5M-$10M in April  —  More than 40 companies in the blockchain and cryptocurrency industry collected at least $18 million in payroll loans from the U.S. government.
More: The Verge
Benjamin Wallace / Vulture:
Inside Quibi's implosion, aided by the divisive management styles of Katzenberg and Whitman, compounded by a failure to understand its digital-native audience  —  The Emmy race has begun!  Vulture is taking a close look at the contenders until nomination-round voting closes on July 13.
Paul Mozur / New York Times:
Facebook, Telegram, and Twitter say they have suspended requests for user data from Hong Kong police, following a new national security law by China  —  The social network said it would review the city's punitive new national security law, a rare public questioning of Chinese policy by a large American tech company.
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.
Rebecca Heilweil / Vox:
Malkia Devich-Cyril / The Atlantic:
Bloomberg:
Amazon's Twitch, Facebook, Nvidia, and others contend with allegations of sexual misconduct in the game streaming world, as dozens of women accuse 150+ people  —  - About 150 online players are accused of a range of misconduct  — Corporate sponsors rethink vetting of streamers they work with

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