Techmeme
September 4, 2020, 7:05 PM

Top News

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 …
Ashley Gold / Axios:
Steve Kovach / CNBC:
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 …
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 …
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 …
Electronic Frontier Foundation:
California lawmakers refused to hear bill that would have expanded broadband access via state-financed networks, after pro-big ISP amendments were inserted  —  California is facing a broadband access crisis, as parents are relying more on the Internet every day trying to keep their jobs …
More: TechdirtTweets: @shailjapatel, @asemota, @eff, @eff, and @eff

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