China pushes to subject data-related activities to government oversight, as it worries tech giants could use collected data to build alternative power centers (Lingling Wei/Wall Street Journal)

Lingling Wei / Wall Street Journal: China pushes to subject data-related activities to government oversight, as it worries tech giants could use collected data to build alternative power centers  —  Beijing is calling on tech giants to

A look at the rise of BitClout, a burgeoning crypto service monetizing social influence, valued at more than $1B in April, but operating in a legal gray zone (Caroline Lester/New Yorker)

Caroline Lester / New Yorker: A look at the rise of BitClout, a burgeoning crypto service monetizing social influence, valued at more than $1B in April, but operating in a legal gray zone  —  BitClout collapses everything—art,

Thai SEC orders exchanges to delist NFTs and meme coins, defined as those with “no objective or underlying value” whose price relies on social media trends (Robert Stevens/Decrypt)

Robert Stevens / Decrypt: Thai SEC orders exchanges to delist NFTs and meme coins, defined as those with “no objective or underlying value” whose price relies on social media trends  —  Pisscoin, CumRocket, Dogecoin—none were funny enough

Profile of Praveen Khandelwal, leader of a network of ~80M SMBs in India with deep ties to Modi, who evokes British colonial looting in his fight against Amazon (Nilesh Christopher/Rest of World)

Nilesh Christopher / Rest of World: Profile of Praveen Khandelwal, leader of a network of ~80M SMBs in India with deep ties to Modi, who evokes British colonial looting in his fight against Amazon  —  Praveen Khandelwal

Disclosures from Tether show it has $30B in commercial paper, a short-dated investment similar to cash, making it one of the largest investors in the US market (Financial Times)

Financial Times: Disclosures from Tether show it has $30B in commercial paper, a short-dated investment similar to cash, making it one of the largest investors in the US market  —  JPMorgan estimates stablecoin operator would be one

Aura, which offers device and identity theft protection including financial fraud monitoring for consumers, raises $150M Series E led by Warburg Pincus (FinSMEs)

FinSMEs: Aura, which offers device and identity theft protection including financial fraud monitoring for consumers, raises $150M Series E led by Warburg Pincus  —  Aura, a Burlington MA-based company which specializes in digital security for consumers, raised

Epic trial email suggests Apple manually boosted ranking of its Files app in App Store search results for Dropbox in 2017; Apple says it was a simple mistake (Sean Hollister/The Verge)

Sean Hollister / The Verge: Epic trial email suggests Apple manually boosted ranking of its Files app in App Store search results for Dropbox in 2017; Apple says it was a simple mistake  —  “We are removing

Filing: Byju’s raises $350M from UBS, Zoom founder Eric Yuan, Blackstone, and others at a valuation of $16.5B, making it the most valuable startup in India (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Filing: Byju’s raises $350M from UBS, Zoom founder Eric Yuan, Blackstone, and others at a valuation of $16.5B, making it the most valuable startup in India  —  Edtech giant Byju’s has become the

Apple says it didn’t know DOJ was asking for House Democrats’ data when it complied with subpoena; Microsoft also received and complied with a similar subpoena (Steve Kovach/CNBC)

Steve Kovach / CNBC: Apple says it didn’t know DOJ was asking for House Democrats’ data when it complied with subpoena; Microsoft also received and complied with a similar subpoena  —  – Apple on Friday said it

AT&T CEO says Biden’s municipal broadband plan is “a bit misguided” and is confident that Congress will steer legislation in the more “pragmatic” direction (Jon Brodkin/Ars Technica)

Jon Brodkin / Ars Technica: AT&T CEO says Biden’s municipal broadband plan is “a bit misguided” and is confident that Congress will steer legislation in the more “pragmatic” direction  —  CEO thinks US will keep giving billions

Blackstone has agreed to buy and take private QTS Realty Trust, one of the world’s largest data center providers, for $10B (Yevgeniy Sverdlik/Data Center Knowledge)

Yevgeniy Sverdlik / Data Center Knowledge: Blackstone has agreed to buy and take private QTS Realty Trust, one of the world’s largest data center providers, for $10B  —  In what would be the biggest acquisition of a

Honeywell merges its quantum computing business with Cambridge Quantum to form a new joint venture; Honeywell will hold a majority stake and invest $270M-$300M (Frederic Lardinois/TechCrunch)

Frederic Lardinois / TechCrunch: Honeywell merges its quantum computing business with Cambridge Quantum to form a new joint venture; Honeywell will hold a majority stake and invest $270M-$300M  —  Honeywell, which only recently announced its entry into

1stDibs, an online marketplace for antique furniture, jewelry, and other goods, debuts on Nasdaq after raising $115M in its IPO, valuing it at $750M (Josh Fineman/Seeking Alpha)

Josh Fineman / Seeking Alpha: 1stDibs, an online marketplace for antique furniture, jewelry, and other goods, debuts on Nasdaq after raising $115M in its IPO, valuing it at $750M

As ransomware gangs operate on multi-million dollar budgets at a global scale, telling companies to “just patch” or “implement zero trust” is no longer feasible (Kevin Beaumont/DoublePulsar)

Kevin Beaumont / DoublePulsar: As ransomware gangs operate on multi-million dollar budgets at a global scale, telling companies to “just patch” or “implement zero trust” is no longer feasible  —  ve talked about ransomware and extortion attacks

A fresh wave of COVID-19 outbreaks in Taiwan and Malaysia has disrupted the semiconductor supply chain in those countries, worsening a global chip shortage (Wall Street Journal)

Wall Street Journal: A fresh wave of COVID-19 outbreaks in Taiwan and Malaysia has disrupted the semiconductor supply chain in those countries, worsening a global chip shortage  —  Outbreak at one of the world’s busiest ports leads

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