Recode Daily: The White House is getting ready to retaliate for Russia’s election meddling


Economic sanctions and diplomatic censure.

The Obama administration is close to announcing a number of measures to punish Russia for interfering in the U.S. presidential election, including economic sanctions, diplomatic censure and likely some covert cyber actions. Meanwhile, a journalist is suing U.S. spy agencies for more details on the hacking investigation. — [Ellen Nakashima / Washington Post]

As deeply as they disagree with Donald Trump over many issues, Silicon Valley leaders acknowledge that they see some promising signs in the new administration. High on the list: The prospect of fewer regulations and more favorable tax treatment of repatriated funds. — [Kara Swisher / Recode]

In a case that could signal more law enforcement interest in smart home devices, police investigating a murder in Bentonville, Ark., sought, but did not get, Amazon records of recordings made by a suspect’s Echo. — [Tom Dotan and Reed Albergotti / The Information]

South Korea’s antitrust regulator hit Qualcomm with a record $853 million fine, charging the chipmaker with abusing its dominant market position in the licensing of its patents. Qualcomm will appeal. — [Jungah Lee and Ian King / Bloomberg]

Panasonic will invest at least $256 million in a Buffalo, N.Y., Tesla factory that will produce solar cells and modules. The companies currently collaborate on battery cell production for cars and homes. — [Chisaki Watanabe and Dana Hull / Bloomberg]

China’s internet regulator indicated that the government will formalize a new review system on tech products that could require foreign companies to submit to security checks targeting encryption and data storage. — [Paul Mozur / New York Times]

Top Stories From Recode

Rent the Runway has raised a $60 million investment led by Fidelity

The company was profitable in 2016 on revenue north of $100 million.

Social media, which now divides us, doesn’t have to, Hello founder Orkut Büyükkökten says

Büyükkökten, who started Google’s first social network, Orkut, says his new social app will help you make friends.

This Is Cool

Carrie Fisher’s “Star Wars” audition

Remembering the woman who was Princess Leia and so much more.


via http://ift.tt/2iE2MZk

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s