Techmeme
July 14, 2020, 3:00 AM

Top News

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 …
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 …
Emily Birnbaum / Protocol:
Facebook, Google, Twitter, Microsoft, others back Harvard and MIT's suit against ICE directive that will send international students home if classes are online  —  A number of top tech companies say the Trump administration's new directive to strip foreign students of their visas could crush the tech industry's workforce.
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 …
Paddy Baker / CoinDesk:
Crypto app Abra and partner company Plutus settle charges from SEC and CFTC for $300K after allegedly facilitating unregistered security-based swap transactions  —  Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission …
Sundar Pichai / The Keyword:
Google unveils the Google for India Digitization Fund, pledging ~$10B over seven years toward a mix of equity investments, ecosystem investments, and more  —  Editor's note: Today at Google for India, Google CEO Sundar Pichai announced a $10 billion Google for India Digitization Fund to help accelerate India's digital economy.
Bloomberg:
Facebook-provided data shows Trump's campaign micro-targets its ads more than Biden's; 68% of Trump's ads are seen fewer than 1,000 times vs 34% for Biden's  —  - Trump's campaign has run almost half a million ads on platform  — Two-thirds of Trump ads seen by small groups of voters
Sarah Ponczek / Bloomberg:
According to Robintrack.net, during a four-hour span today almost 40,000 Robinhood accounts added Tesla stock, which hit $1,794.99 before closing at $1,497.06  —  - Almost 40,000 Robinhood users bought the stock in four hours  — Tesla shares surged 16% Monday before giving up gains

Sponsor Posts

Zoho:
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KubeCon + CloudNativeCon North America:
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Better sleep, better you.  —  Why the Oura Ring is the perfect companion to other wearables in painting a fuller picture of your health.
Intel:
11th Gen Intel Core desktop processors - codenamed “Rocket Lake” - are coming  —  Gaming is in our DNA.  Get the latest on Intel's continued journey to make the PC the best place to play.

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More News

Issie Lapowsky / Protocol:
New York Times:
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Earlier Picks

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Subrat Patnaik / Reuters: