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Sources: Quibi is exploring several strategic options including a possible sale, raising more money, or going public through a merger with a SPAC

Gotta lead with this, don’t I? Sources are telling the Wall Street Journal that Quibi is exploring several strategic options including a possible sale, raising another round of funding, or going public through a merger with a SPAC.

More: Wall Street Journal

Sources: DOJ to brief state AGs on Wednesday about its plans to file an antitrust lawsuit against Google; a case could be filed as early as next week

Leaving this here as a placeholder so you’re ITK if it actually comes to pass. Sources are telling the Washington Post the Department of Justice is briefing state Attorney’s General tomorrow about its plans to file an antitrust lawsuit against Google, a case which it might file and announce as early as next week.

More: Washington Post

Some customers who chose Solo Loop or Braided Solo Loop bands for Apple Watch 6 or SE had to return the entire Watch for a new size if the band fit poorly

You know how the Apple Watch got those cool new wrist bands with the new apple watches? The ones that don’t have a clasp, you just stretch them on your wrist? You would think that sizing those correctly would be doubly important, and you would be right. But here’s a wrinkle, customers who chose the Solo Loop or Braided Solo Loop with a new Apple Watch 6 or Apple Watch SE, if the loop is not the right size, if it doesn’t fit properly, they have to return the entire watch, the whole kit and kaboodle to get the a new band with the proper size.

More: MacRumors

Sources: Reliance is in talks with Indian manufacturers to develop a ~$54 Jio phone that runs on Android, aiming for sales of ~200M over the next two years

On the Reliance watch, sources are telling Bloomberg that Reliance is in talks with Indian manufacturers to develop a phone that will retail in the neighborhood of $54 US. It will run Android, and Reliance is aiming for sales of around 200 million in the next two years. So, number one, more signs of the Reliance strategy to own the Indian Market, and number two, shots across the bow to Apple’s ambitions in India, but especially to Xiaomi’s ambitions there as well.

More: Bloomberg

SEC and OCC issue first detailed guidance on cryptocurrencies backed by fiat currencies, saying national banks can provide services to stablecoin issuers in US

The Securities and Exchange Commission and the Office of the Comptroller of Currency have issued their first detailed guidance on cryptocurrencies backed by fiat currency, saying national banks can provide services to stablecoin issuers in the US.

More: Coindesk

CIA announces CIA Labs, a skunkworks operation that will let its officers profit from their inventions in fields like AI, data analytics, and quantum computing

The CIA has announced CIA Labs, a skunkworks operations that will let its officers profit from their inventions in fields like AI, data analytics, and quantum computing.

More: MIT Technology Review

Microsoft releases an overhauled Xbox app for Android in beta that includes the ability to remotely play Xbox games streamed directly from an Xbox One

Microsoft has released an overhauled Xbox app for Android into beta that includes the ability to remotely play Xbox games streamed directly from a console like an Xbox One.

More: The Verge, Bloomberg, GeekWire

Royole FlexPai 2 folding phone launches in China

Finally today, it sort of got lost in the tides of history, but the first commercially available foldable phone didn’t actually come from Samsung. The first foldable was actually the Royole Flexpai. That phone was a bit of a bust as, frankly, all the first gen foldables were. But Royole has gone back to the drawing board and refined things a bit with the new FlexPai 2, formally launching in China today starting at 9,988 yuan, or roughly US $1,471.

More: The Verge