U.S. grants Apple 10 exemptions from tariffs on Chinese imports. The exclusions mostly concern internal components and do not apply to the Apple items facing tariffs later this year, such as the Apple Watch, iPhones or AirPods. (WSJ)
Google's quantum effort tops supercomputers. The company announced last week that its build a quantum computer capable of completing in under four minutes a calculation that would take the worlds most advanced supercomputer about 10,000 years to solve. (FT)
Amazon rivals sponsor 'grass roots' effort. Nonprofit group Free and Fair Markets Initiative, creator of a ‘grass roots’ campaign aimed at Amazon's business practices, is backed by some of the e-commerce giants biggest rivals, including Walmart, Oracle and shopping mall owner Simon Property Group Inc. (WSJ)
Facebook suspends apps, tightens controls over data access. In a blog post Friday, Facebook said it suspended tens of thousands of apps over data-privacy concerns. In addition to the app suspensions and removals, Facebook said Friday that it had created new rules to more tightly control developers’ access to its data. (WSJ)
Apple’s challenge for iPhone 11: Halt China sales slide. The tech giant has been under fire in China, where phones with similar features and lower prices from Huawei and others have sliced into its market share. Sales in Greater China, including Hong Kong and Taiwan, plunged 20% to $32.54 billion for the three quarters ended in June. (WSJ)
Former Goldman programmer argues—again—that his IP-theft case should be tossed. Sergey Aleynikov, who worked at Goldman Sachs, has been in prison stemming from a June 2008 case involving his copying Goldman’s proprietary code for its high-frequency-trading business. (WSJ)
WeHadIt. A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which his eccentric behavior and drug use came to light, and the startup delayed its much-anticipated stock-market listing. (WSJ)
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