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Walmart Pays $1.4 Billion to Boost Flipkart Stake
Business

Walmart Pays $1.4 Billion to Boost Flipkart Stake

The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link

Apple, Amazon, Starbucks to Report in Packed Earnings Week
Business

Apple, Amazon, Starbucks to Report in Packed Earnings Week

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest

China-Founded Rivals Ramp Up War for American Shoppers
Business

China-Founded Rivals Ramp Up War for American Shoppers

Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China. Source link

Uber's Grand Plan to Go All-Electric in London Ran Into Gridlock
Business

Uber's Grand Plan to Go All-Electric in London Ran Into Gridlock

The ride-share leader struggles with charging deserts and high prices. Source link

Inside Lyft CEO David Risher's Efforts to Stabilize the Company
Business

Inside Lyft CEO David Risher's Efforts to Stabilize the Company

The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form a partnership with an investor.

Rental Cars Are the New Airbnb
Business

Rental Cars Are the New Airbnb

Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites. Source link

Amazon Asking Employees to Return to 'Main Hub' Offices
Business

Amazon Asking Employees to Return to 'Main Hub' Offices

Amazon.com has told staff across the company that they may have to move to locations in bigger cities. Source link

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Business

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards

Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link