Busineaa news

Here are some recent business news updates:

Top Stories

  1. Amazon Acquires Zoox: Amazon has acquired autonomous vehicle startup Zoox for $1.2 billion, expanding its presence in the self-driving car market. (Source: CNBC)
  2. Microsoft to Acquire Activision Blizzard: Microsoft has agreed to acquire Activision Blizzard, the parent company of popular gaming franchises like Call of Duty and World of Warcraft, for $68.7 billion. (Source: The Verge)
  3. Elon Musk's Neuralink Raises $205 Million: Neuralink, a neurotechnology company founded by Elon Musk, has raised $205 million in funding to develop brain-machine interfaces. (Source: Bloomberg)

Economy and Markets

  1. US GDP Growth Slows: The US economy grew at a slower pace than expected in the second quarter, with GDP expanding at a 6.5% annual rate. (Source: The Wall Street Journal)
  2. Stock Market Reaches New Highs: The S&P 500 index reached a new all-time high, driven by strong earnings reports and optimism about the economy. (Source: CNN)
  3. Inflation Concerns: The Federal Reserve is keeping a close eye on inflation, which rose 0.5% in July, driven by higher prices for food and housing. (Source: Reuters)

Tech and Startups

  1. Google's Parent Company Alphabet Reports Earnings: Alphabet, the parent company of Google, reported strong earnings, driven by growth in advertising and cloud computing. (Source: The New York Times)
  2. Uber's IPO Filing Reveals Financials: Uber's initial public offering filing revealed the company's financials, including a net loss of $8.5 billion in 2020. (Source: Forbes)
  3. Startups Raise Record Amount of Funding: Startups raised a record $147 billion in funding in the first half of 2021, driven by growth in venture capital and private equity. (Source: Crunchbase)

Business Leaders and Mergers

  1. Jeff Bezos Steps Down as Amazon CEO: Jeff Bezos will step down as CEO of Amazon, with Andy Jassy taking over the role. (Source: The Washington Post)
  2. Disney and Comcast Reach Deal on Hulu: Disney and Comcast have reached a deal to sell Comcast's stake in Hulu, valuing the streaming service at $15 billion. (Source: Variety)
  3. Walmart Acquires Cornershop: Walmart has acquired Cornershop, a Chilean grocery delivery startup, for $225 million. (Source: Bloomberg)

These are just a few of the latest business news updates. Let me know if you'd like me to provide more information on any of these stories or if you have specific topics you'd like to know more about!