Techmeme
July 6, 2021, 1:35 PM

Top News

CNBC:
Pentagon says it has canceled the $10B JEDI cloud contract, which had been awarded to Microsoft but faced legal challenges from Amazon  —  The Department of Defense announced Tuesday it's calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.
Bloomberg:
China issues a sweeping warning to its biggest companies, vowing to tighten oversight of data security and update rules for overseas listings  —  - Move comes after China started cybersecurity probe of Didi  — Beijing has grown increasingly concerned over data security
Bloomberg:
Wall Street Journal:
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 …
The Verge:
Nintendo unveils an updated Switch with a larger 7" 720P OLED display, 64GB storage, improved audio, but the same CPU and RAM, on sale starting Oct. 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.
Kim Hart / Axios:
Nextdoor announces that it has agreed to go public via a SPAC sponsored by Khosla Ventures at an implied valuation of $4.3B  —  Nextdoor, the neighborhood social network in more than 275,000 global communities, announced that is has agreed to go public via a SPAC sponsored by Khosla Ventures — at an implied valuation of $4.3 billion.
Raphael Satter / Reuters:
Kaseya's CEO says between 800 and 1,500 businesses have been affected globally by the ransomware attack centered on Kaseya  —  Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday.
Craig Chapple / Sensor Tower Blog:
Pokémon GO has surpassed $5B in revenue from player spending as the game celebrates its five-year anniversary  —  Smash hit Geolocation AR title Pokémon GO from Niantic has surpassed $5 billion from player spending as the title celebrates its five-year anniversary since its launch back in 2016 …
Rest of World:
Four “keyboard fighters” in Myanmar discuss their online activism on Facebook, Twitter, and Telegram to combat the regime's misinfo campaigns and propaganda  —  A group of young Burmese are braving blackouts and crackdowns to make sure the world stays focused on what's happening in their country.
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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