From the NBA to Sequoia to TikTok and more, a week of national security concerns with China – TechCrunch

It has been a tough week for China-U.S. relations. Vice President Mike Pence ratcheted up the administration’s rhetoric yesterday, calling the NBA “a wholly owned subsidiary of the authoritarian regime” in China while the league’s commissioner Adam Silver continued to try to tamp down the intensity of criticism over the league’s business, saying in an…

Meet Bespoke Financial, a lender for cannabis companies backed by Snoop Dogg’s Casa Verde Capital – TechCrunch

Bespoke Financial wants to provide cannabis businesses with the same kind of financial services that other businesses get, but that dispensaries and growers can’t yet access. The regulations around cannabis operations are so stringent at the local level — and so nebulous at the federal level — that national banks won’t give businesses in the…

In a victory over Amazon, Microsoft wins $10B Pentagon JEDI cloud contract – TechCrunch

The U.S. Department of Defense today announced that Microsoft has won its Joint Enterprise Defense Infrastructure (JEDI) cloud contract, worth up to $10 billion over a period of 10 years. With this, Microsoft will provide infrastructure and platform services for both the Pentagon’s business and mission operations. “The National Defense Strategy dictates that we must…