New requirements could be used to stifle competition.
China adopted a controversial cyber security law that imposes new requirements on tech companies, including local data storage, government certification of hardware, unspecified “technical support” and censorship. Foreign businesses fear the measures will be used to stifle competition. — [Josh Chin and Eva Dou / Wall Street Journal]
Looking to repair its damaged reputation after the Galaxy Note 7 debacle, Samsung will add a Siri-like AI digital assistant to next year’s Galaxy S8. The flagship phone will include technology from Viv, the startup founded by former Siri team members, which Samsung acquired in October. — [Jungah Lee / Bloomberg]
Oracle’s $9.3 billion deal to buy cloud-computing pioneer NetSuite is set to close today after securing majority support from eligible NetSuite stockholders. T. Rowe Price Group, NetSuite’s largest institutional shareholder, had opposed the deal, saying the price was too low. — [Brian Womack / Bloomberg]
The Hulk Hogan sex tape lawsuit that drove Gawker into bankruptcy is headed for settlement, but behind the scenes, the relationship between Gawker founder Nick Denton and billionaire investor Peter Thiel, who bankrolled the suit, is more complex than most people imagine. — [David Margolick / Vanity Fair]
On the latest episode of Recode Decode, hosted by Kara Swisher, DJ Patil talks about his move from Silicon Valley to Washington to become the nation’s first chief data scientist and encourages other techies to take a “tour of duty” in government. — [Eric Johnson / Recode]
How will VR make the transition from novelty to mainstream? Get some insights from Oculus mobile head Max Cohen and Google VR chief Clay Bavor at An Evening with Code Mobile this Thursday in Santa Clara, Calif. Space is limited; register now. — [Ina Fried / Recode]
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In their latest project, the crew from “Man at Arms: Reforged” recreates the enchanted weapon wielded by Harry Potter.