Catch up on the weekend’s top five stories with this list compiled by The Fly: 1. Facebook (FB) plans to introduce the Facebook Gaming mobile app on Monday, The New York Times’ Seth Schiesel reported. The free app caps several years of investment at Facebook, which said more than 700M of its 2.5B monthly users already engaged with gaming content, the author noted. The app is designed largely for creating and watching live gameplay, a fast-growing online sector where Facebook is battling Amazon’s (AMZN) Twitch, Google’s (GOOG) YouTube and Microsoft’s (MSFT) Mixer services, Schiesel adds. 2. A U.S. judge put on hold a suit by Amazon challenging the Pentagon’s decision to award a $10B contract to Microsoft, Reuters’ David Shepardson reported. Judge Patricia Campbell-Smith granted the Pentagon’s request to halt further action on the lawsuit to allow the military to reconsider aspects of the decision being challenged by Amazon, originally considered to be the favorite to win the award, the author noted. She ordered the case to remain on hold until August 17, but said it could be extended or shortened depending on the length of the review. 3. The coronavirus epidemic is catapulting telemedicine from the outskirts of health care to its core, and this may be the catalyst that pushes online care to the mainstream, Daren Fonda wrote in this week’s edition of Barron’s. Investors have a few choices to ride the digital health wave, with one of the biggest beneficiaries being Teladoc Health (TDOC), the author noted. Medical-technology companies, including Livongo Health (LVGO), Masimo (MASI), and iRhythm Technologies (IRTC), may also benefit, he added. 4. The Federal Trade Commission has paved the way for PepsiCo (PEP) to buy drink company Rockstar Energy for $3.85B, The New York Post’s Josh Kosman reported. The regulator approved the deal – announced last month during the coronavirus pandemic – on Friday and the company is expected to close on it in the coming days, sources said. 5. Akamai (AKAM), RingCentral (RNG), Vonage Holdings (VG), 8×8, Inc. (EGHT), Box (BOX), DropBox (DBX), Raytheon Technologies (RTX), Otis Worldwide (OTIS) and Carrier Global (CARR) saw positive mentions in this week’s edition of Barron’s.
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