| Financial Times: |
Sources: unusually large purchases of call options by SoftBank over the past month partly fueled the latest tech stock rally — Japanese conglomerate has been snapping up options in huge amounts over past month — SoftBank is the “Nasdaq whale” that has bought billions of dollars' worth … | Aaron Gregg / Washington Post: |
Pentagon reaffirms its controversial decision to give JEDI cloud contract to Microsoft; Amazon is likely to continue its legal challenge — The Pentagon reaffirmed its controversial decision to give its largest-ever cloud computing contract to Microsoft instead of to market-leader Amazon … | Amazon Web Services: |
Amazon responds to JEDI decision, calling it a “politically corrupted contract award” and attacks Trump's role in steering the award away from AWS — Earlier today, the DoD announced it had concluded its corrective action and affirmed its prior JEDI contract award to Microsoft.| Patrick McGee / Financial Times: |
Under shareholder pressure, Apple quietly publishes its human rights policy based on UN guiding principles, but will follow national law if the two conflict — iPhone maker approves new policy after shareholder pressure — Apple has for the first time published a human rights policy … | Casey Newton / The Verge: |
Facebook says it will stop accepting new political ads a week before the US presidential election, as part of steps to protect against election interference — Striking a compromise to prevent election misinformation — Facebook will stop taking new political advertising in the United States … | Jeremy B. Merrill / ProPublica: |
Facebook's ban on political ads in the week prior to the election applies to election officials, who use Facebook to inform voters about the voting process — ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they're published.| Ashley Gold / Axios: |
| Steve Kovach / CNBC: |
| Chris Welch / The Verge: |
Facebook is testing displaying Instagram Stories directly in the main Facebook app; the test requires users opt in and link their accounts together — Only your Instagram followers can see your stories in Facebook — Some Facebook users have recently noticed that they can now watch … | Dave Lee / Financial Times: |
Amazon deleted 20,000 reviews by 7 of its top 10 UK contributors after an FT analysis found they appeared to profit from posting thousands of five-star ratings — FT investigation finds suspicious behaviour by 9 of top 10 UK contributors on feedback — Amazon has deleted approximately … | Russell Brandom / The Verge: |
FCC report estimates that removing Chinese equipment will cost small carriers as much as $1.8B, with around $1.6B of the cost eligible for federal reimbursement — ‘Rip and replace’ won't be cheap — Removing Chinese equipment will cost small carriers as much as $1.8 billion … | Reuters: |
ByteDance says it has acquired Chinese third-party payment service UIPay; sources: ByteDance had applied for a digital banking license in Singapore — BEIJING/SHANGHAI (Reuters) - ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay … | Taylor Soper / GeekWire: |
Amazon says it will add an additional 10,000 jobs in Bellevue, WA, on top of the 15,000 announced in February — The city of Bellevue, Wash., is looking more and more like Amazon's actual second headquarters location. — The tech giant announced Friday that it will bring an additional 10,000 jobs … | Alex Weprin / Hollywood Reporter: |
Biden campaign partners with video app Cameo in a new fundraising effort that will allow participating celebrities to earmark some payments for the campaign — Stars Including Andy Cohen, Mandy Moore, Tituss Burgess, Melissa Etheridge and Dulé Hill will create personalized video messages for users … | Victoria Graham / Bloomberg Law: |
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