July 14, 2020, 12:10 PM

Top News

Wall Street Journal:
UK says it will bar telecom companies from purchasing new equipment from Huawei and gives them until 2027 to remove its technology from their 5G networks  —  British government gives cellular companies until 2027 to remove Chinese firm's technology  —  LONDON—The British government …
Rita Liao / TechCrunch:
Huawei posts revenue of $64.88B in H1 2020, up 13.1% YoY despite sanctions and the pandemic, with its consumer businesses accounting for 56% of total revenue  —  Huawei reported a 13.1% year-over-year revenue growth in the first half of 2020, even if countries around the world continued …
Stephanie Condon / ZDNet:
Google Cloud debuts Confidential VMs, which keeps data encrypted while in use, and Assured Workloads for Governments, which helps meet compliance requirements  —  Confidential VMs are the the first product in Google's Confidential Computing portfolio, which will deliver breakthrough technology to encrypt data in use
Ben Thompson / Stratechery:
TikTok outflanked Facebook, focusing on curation and user-made video, but its China ties mean privacy, censorship, and propaganda issues should lead to a US ban  —  Manage your Stratechery subscription.  —  Over the last week, as the idea of banning TikTok in the U.S. has shifted …
Nick Statt / The Verge:
Amazon unveils Dash Cart, a smart shopping cart that links with your Amazon account, tracks the items you place inside, and checks you out without a cashier  —  The Dash Cart is coming to Amazon's LA grocery store later this year  —  Amazon is expanding its real-world footprint …
Catalin Cimpanu / ZDNet:
Business giant SAP patches RECON bug, which impacted most of its customers and let hackers create admin accounts on SAP servers  —  SAP patches bug impacting most of its apps and customer base.  —  Business giant SAP released a patch today for a major vulnerability that impacts the vast majority of its customers.
Sources: Google is in advanced talks to invest $4B in Reliance Industries' Jio Platforms and an announcement could come as soon as the next few weeks  —  - Announcement could come as soon as the next few weeks  — Google on Monday pledged to invest $10 billion in India
Catalin Cimpanu / ZDNet:
MGM's 2019 data breach may have affected 142M+ guests, not 10.6M as first reported, according to dark web marketplace; data includes contact details and DoB  —  EXCLUSIVE: The MGM Resorts 2019 data breach is much larger than initially reported.  —  The MGM Resorts 2019 data breach …
Wall Street Journal:
Sources: SoftBank is exploring a full/partial sale or public offering of Arm; SoftBank bought Arm for $32B four years ago  —  Japanese conglomerate bought British tech company four years ago for $32 billion  —  SoftBank Group Corp. 9984 4.23% is exploring alternatives including a full …
Manish Singh / TechCrunch:
Walmart leads an additional $1.2B investment in India's Flipkart to increase its majority stake, valuing Flipkart at $24.9B post-money  —  Walmart is increasing its majority-stake in Flipkart by leading a new $1.2 billion financing round in the Indian e-commerce giant.
Mark Gurman / Bloomberg:
Sources: Apple pushes retail workers to begin working from home, says full return to offices won't happen in 2020 and it's shipping employees COVID-19 test kits  —  - Full return to U.S. offices won't happen before end of 2020  —  Apple Inc. is readjusting operations as Covid-19 cases continue …
Kyle Wiggers / VentureBeat:
Traceable, a startup developing AI-powered security tools for cloud apps, emerges from stealth and raises $20M Series A led by the CEO's own Unusual Ventures  —  Take the latest VB Survey to share how your company is implementing AI today.  —  Traceable, a startup developing an end …
More: BetaNews and TechCrunch

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