PlanetScale is a NewSQL DbaaS based on the open source project @vitessio. The startup's headquarters are in Mountain View, California, with original backing from VC firm SignalFire (signalfire.com).
See:Andreessen pours $22M into PlanetScale’s database-as-a-servicesuitable for any enterprise that wants their data both secure and consistently accessible. Its ability to re-shard databases while they’re operating, can solve businesses’ issues with GDPR, which demands some data be stored in the same locality as the user to whom it belongs.
CNBC Television video above published Jun 5, 2019: discussion on antitrust and U.S. tech companies with CNBC's Josh Lipton and Joe Kernen, and the Fast Money traders, Pete Najarian, Tim Seymour, Karen Finerman and Guy Adami, and Antitrust Lawyer Gary Reback, Carr & Ferrell, on the government's antitrust case against Google.
Google, Amazon, Facebook and Apple, worth nearly $3 trillion combined, reportedly under federal investigation.
Google Should Be Afraid. Very Afraid--a new round of antitrust questions can’t go well for the company. The culture has turned against tech since Google skated free in 2013--bloomberg.com.
Google has few political allies and a history of complaints, so an antitrust case may move quickly, say experts.
The House Judiciary Committee is launching a bipartisan investigation into whether large tech companies such as Facebook, Google and Amazon are using their vast market power to suppress competition.
A possible Apple probe is reportedly linked to the Google probe, and stems from meetings between the DOJ and the FTC.
Despite investor concerns about #tradewars causing a slowdown in the economy, the Fed’s latest #BeigeBook yesterday showed it has yet to dent growth materially. Fed Funds Futures still don’t care… odds here continue to forecast three rate cuts by the end of this year. $SPY$IVV
China: Chinese Bank With $105 BN In Assets On Verge Of Collapse. China’s stock market hit by the biggest outflow of foreign capital on record in April and May as trade war with the US and worry about the stability of the RMB weighed on investors, reported the Financial Times. China services PMI Plunges As Output Expectations Hit 7 Year Lows--zerohedge.com. Also: Pentagon report slams China for “eroding the values and principles of the rules-based order”--bloomberg.com.
Amazon said it would open pop-up shops in the UK to give more than 100 small online businesses an opportunity to sell on the 'high street' for the first time. “Clicks and Mortar” stores will sell homeware, health and beauty, food and drink, and electronics.
Food-Delivery Rivals DoorDash, Grubhub, Uber Eats and PostmatesRisk Capital Destruction--a problem in the 'valuations.'
Boeing 737 Max: fatal flaws can be traced to a breakdown late in the plane’s development, when test pilots, engineers andregulatorswere left in the dark about a change that would ultimately play a role in two crashes--NYTimes.com.
