Tech Brew Ride Home Tue. 07/06 – New Nintendo Switch (Finally/Kinda)
Jul 6, 2021
Nintendo reveals an upgraded Switch, but is it truly next-gen? Didi faces regulatory hurdles in China, impacting the wider tech landscape. Cyber threats escalate with a major ransomware attack on Kaseya, raising questions about data security. Meanwhile, big tech confronts new doxing laws in India and Hong Kong, sparking debates over compliance and consequences. The future of tech companies hangs in the balance as geopolitical tensions mount.
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Nintendo Switch OLED Model
- Nintendo announced a new Switch model with a larger OLED screen and other minor upgrades, but the core hardware remains unchanged.
- The new model is more of a refresh than a generational leap, leaving some expecting more substantial improvements.
Didi's Delisting
- Didi's stock plummeted after Chinese regulators ordered its removal from app stores, wiping out billions in market value.
- This drastic move raises concerns about the increasing power of the Chinese government over its tech companies.
China's Tech Control
- The Chinese government's intervention in Didi's IPO suggests a shift in priorities, with national security concerns outweighing global ambitions.
- This move reflects a broader trend of China asserting greater control over its tech sector and protecting its data.