Techmeme
July 6, 2021, 10:10 AM

Top News

The Verge:
Nintendo announces an updated Switch with a larger 7-inch 720P OLED display, 64GB storage, improved audio, and more, on sale starting October 8 for $350  —  Nintendo's new Switch is official  —  Nintendo is announcing a new Switch model today with a larger 7-inch 720P OLED display.
Wall Street Journal:
Sources: weeks before Didi's US IPO, the Chinese regulator that eventually ordered Didi's app banned had suggested to the company that it delay the listing  —  Ride-hailing giant, under pressure to reward shareholders, pushed ahead with NYSE listing despite concerns of China's cybersecurity watchdog
Bloomberg:
Didi shares fell as much as 30% in pre-market trading after a Chinese regulator ordered it to be removed from app stores, wiping out ~$22B of market value  —  - Didi shares tumble in premarket, erasing $22 billion of value  — Shares of Full Truck Alliance, Kanzhun also sink on China move
Manish Singh / TechCrunch:
In a court filing, India's government says Twitter has lost its liability protection there since it has failed to comply with IT rules introduced in February  —  Twitter no longer enjoys the liability protection against user-generated content in India, the government said in a court filing …
Paul Mozur / New York Times:
Trade group representing Apple, Google, Facebook, others warns that the companies could stop their services in Hong Kong if planned anti-doxxing rules go ahead  —  A trade group representing Google, Facebook, Amazon, Apple and others said changes to a Hong Kong privacy law could stop firms from providing services in the city.
Joe Pompeo / Vanity Fair:
After being canceled last year, Allen & Co.'s annual Sun Valley conference starts Tuesday with CEOs from Apple, Facebook, Amazon, and Netflix attending  —  All around, even as the Delta variant begins to sink its teeth into unvaccinated pockets of the U.S., there are signs of life getting …

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Earlier Picks

Sam Shead / CNBC:
Joshua Zitser / Insider:
Patience Haggin / Wall Street Journal:
Julia Reda:
Catalin Cimpanu / The Record: