Oct 12, 2017

The Japanese investment firm funding Silicon Valley

The Japanese investment firm SoftBank is behind some of the biggest deals in Silicon Valley. Photo: Shizuo Kambayashi / AP

"SoftBank was behind four of the five biggest venture capital deals globally in the third quarter of 2017, according to a new report by PwC and CB Insights," per Recode.

Why it matters: "The Japanese investment firm has been raising the stakes in Silicon Valley with its enormous infusions of cash."

Quantifying conference-call mentions ... "Amazon has replaced Google as the company others are most worried about: It's the new corporate boogeyman," by Recode's Rani Molla:

  • "Both have long elicited fear, admiration and inspiration as evidenced by the frequency with which both companies are cited on conference calls across industries."
  • "Amazon was mentioned 2,090 times this year on publicly available corporate conference calls ... up 11 percent from last year ... Google (or Alphabet) was mentioned in about 1,500 company conference calls, down 19 percent from 2016."

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Trump says he will campaign against Lisa Murkowski after her support for Mattis

Trump with Barr and Meadows outside St. John's Episcopal church in Washington, D.C. on June 1. Photo: Brendan Smialowski/AFP via Getty Images

President Trump tweeted on Thursday that he would endorse "any candidate" with a pulse who runs against Sen. Lisa Murkowski (R-Alaska).

Driving the news: Murkowski said on Thursday that she supported former defense secretary James Mattis' condemnation of Trump over his response to protests in the wake of George Floyd's killing. She described Mattis' statement as "true, honest, necessary and overdue," Politico's Andrew Desiderio reports.

5 hours ago - World

The president vs. the Pentagon

Trump visits Mattis and the Pentagon in 2018. Photo: Brendan Smialowski/AFP via Getty

Over the course of just a few hours, President Trump was rebuffed by the Secretary of Defense over his call for troops in the streets and accused by James Mattis, his former Pentagon chief, of trampling the Constitution for political gain.

Why it matters: Current and former leaders of the U.S. military are drawing a line over Trump's demand for a militarized response to the protests and unrest that have swept the country over the killing of George Floyd by police.

New York Times says Tom Cotton op-ed did not meet standards

Photo: Avalon/Universal Images Group via Getty Images)

A New York Times spokesperson said in a statement Thursday that the paper will be changing its editorial board processes after a Wednesday op-ed by Sen. Tom Cotton (R-Ark.), which called for President Trump to "send in the troops" in order to quell violent protests, failed to meet its standards.

Why it matters: The shift comes after Times employees began a coordinated movement on social media on Wednesday and Thursday that argued that publishing the op-ed put black staff in danger. Cotton wrote that Trump should invoke the Insurrection Act in order to deploy the U.S. military against rioters that have overwhelmed police forces in cities across the country.