Techmeme
July 5, 2021, 7:55 AM

Top News

Catalin Cimpanu / The Record:
In a post on the REvil dark web blog, the gang takes credit for the Kaseya attack, claims it infected 1M+ systems, and demands $70M in bitcoin for the decryptor  —  The REvil ransomware gang is asking for a $70 million ransom payment to publish a universal decryptor that can unlock …
Trevor Hunnicutt / Reuters:
President Biden says he has directed US intelligence agencies to investigate the Kaseya ransomware attack and adds “we're not certain” who is behind the attack  —  President Joe Biden said on Saturday he has directed U.S. intelligence agencies to investigate who was behind …
Catalin Cimpanu / The Record:
Bloomberg:
Just days after Didi's NYSE debut, Chinese regulators mandate app stores ban Didi Chuxing app, alleging violations in its collection and usage of personal info  —  - Internet watchdog asks operators to remove ride-hailing app  — The surprise ban comes days after Didi's New York debut
Wall Street Journal:
China launches probes into truck hailing apps from Full Truck Alliance and an online recruiting app from Kanzhun, both Chinese firms listed on NYSE and Nasdaq  —  Reviews follow a similar move against ride-hailing giant Didi  —  A unit of China's cybersecurity regulator launched data-security reviews …
Mark Gurman / Bloomberg:
A look at Apple's changing attitudes towards decentralizing out of Silicon Valley, hybrid work arrangements, and remote work options for a post-pandemic world  —  This is the free version of Power On.  If you like it, consider subscribing to Bloomberg.com — you'll receive …
Tage Kene-Okafor / TechCrunch:
Egypt-based MaxAB, a B2B food and grocery delivery startup, raises $40M Series A led by RMBV  —  Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever.
More: TechCabal
Andy Mukherjee / Bloomberg:
India is targeting Amazon and Walmart ostensibly to protect SMBs, but in reality it is creating a protectionist economy that benefits select local tycoons  —  A protectionist economy is being created that will benefit a select group of tycoons.  Despite investing billions of dollars, the U.S. giants still aren't on the shortlist.

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More News

Antonia Timmerman / Rest of World:
Brad Stone / New York Times:

Earlier Picks

CTech:
Dan Goodin / Ars Technica: