You made it! Well, you made it to Friday, but you still have a little reading to do. 1,354 words' worth, to be specific. Good news, it should only take you about 5 minutes.
Illustration: Rebecca Zisser/Axios
Recent controversies over free speech about the Hong Kong protests are highlighting the widening schism between the U.S. and China and creating a messy situation for tech companies with business ties to both countries.
Why it matters: As we've written about, both the U.S. and China aim to make their tech industries less interdependent, but the deep ties are tough to sever, and achieving that end would disrupt business on both sides of the Pacific.
Driving the news:
The big picture: The free speech issue is just the latest to fray the relationship between the U.S. and Chinese tech industries, which is already stressed by:
Our thought bubble: Doing business in and with China has always meant some level of compromise for U.S. firms. The Hong Kong protests have just crystallized these compromises into more dramatic and visible choices.
Yes, but: Many ties still bind the 2 countries' industries.
What they're saying:
Illustration: Rebecca Zisser/Axios
Opponents of the T-Mobile-Sprint merger are piling on the deal in the hopes of convincing a judge the Justice Department's settlement isn't good enough, as Margaret Harding McGill reports.
Why it matters: The DOJ's agreement with the wireless companies has to receive final sign-off from Judge Timothy J. Kelly of the D.C. District Court, and critics want to make it a tough decision.
Driving the news: The comment period is closing this week for the DOJ's deal, which will see the wireless companies sell assets to satellite TV company Dish so it can enter the wireless market.
Yes, but: New York is leading a coalition of 16 states and Washington, D.C. in a separate lawsuit to block the merger. The states filed a brief with the D.C. court reviewing the settlement urging the judge to hold off on a decision until the states’ case plays out in New York. That case is set to go to trial in December.
What's next: The DOJ is collecting the settlement comments and will file them with the court, along with a response.
Go deeper: Margaret has more here.
Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images
Waze is best known for its navigation app, which crowdsources traffic information, but a few years ago the Google-owned mapping company ventured into a new line of business when it rolled out a carpooling app.
Today, the company says its U.S. carpool users complete more than 550,000 rides per month, and will reach the 1 million mark by the end of the year, Axios' Kia Kokalitcheva reports.
What they're saying: "We're not taking on Uber and Lyft," Waze co-founder and CEO Noam Bardin tells Axios. "We're focused on commutes 20 miles and up." Waze drivers also can't earn money beyond the cost of driving (per IRS guidance of $0.58 per mile).
Lesson: "Once [users] take their first ride, they discover that humans are actually interesting," says Bardin. But to do that, they need to first trust the service and other users.
Biggest challenge: Density. In order to work, Waze's carpool service needs to have drivers and riders who live sufficiently close to each other and are heading in a similar direction.
If you want to read a lot about Amazon, you're in luck. Both The Atlantic and the New Yorker have lengthy pieces on the company, its business and culture.
Why it matters: The moves come as the company is under greater scrutiny from regulators for how it handles its third-party marketplace, among other issues.
The bottom line: Amazon gets fewer headlines than Facebook and Google, but its long-term impact on society might end up being even greater.
Watch this 2-year-old see the Hulk's transformation for the first time.