| Catalin Cimpanu / The Record: |
| 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: |
| Newley Purnell / Wall Street Journal: |
Facebook, Twitter, and Google have privately warned Hong Kong's government that they could stop offering services if planned anti-doxxing rules go ahead — Industry group representing companies says proposed anti-doxing rules could put staff based locally at risk of criminal charges| 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 … | Jordan Smith / The Intercept: |
Orange County's DA office has maintained a DNA database since 2007 and selectively offered plea deals or misdemeanor dismissals if suspects provided DNA samples — William Thompson, a professor emeritus of criminology and law at the University of California, Irvine, lives in University Hills … | Patrick McGee / Financial Times: |
An attempt led by Baidu, Tencent, and ByteDance to circumvent Apple's privacy policies, called CAID, has failed to get traction after Apple blocked app updates — Tracking system for iPhones developed by Chinese tech groups fails to gain traction — A co-ordinated attempt by Chinese tech companies … | Don Clark / New York Times: |
A look at Dutch company ASML, the global leader in $150M+ EUV chip making machines, which are used by firms like TSMC and are subject to export bans to China — A $150 million chip-making tool from a Dutch company has become a lever in the U.S.-Chinese struggle. It also shows how entrenched the global supply chain is.| 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.| The Economic Times: |
Hypersonix, which offers a data analytics service to e-commerce and other industries, raises $35M Series B at a valuation of $200M, up ~4x from March 2020 — Mumbai: Hypersonix, an enterprise AI platform for commerce, has raised $35 million as part of its Series B funding round led … | Reuters: |
Sources: One97 Communications, parent of Paytm, will file a draft prospectus as early as July 12 for a domestic IPO, to raise $2.3B at a $24B-$25B valuation — One97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 … | 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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| Antonia Timmerman / Rest of World: |
| Brad Stone / New York Times: |
| Dan Goodin / Ars Technica: |