10 Business News Worth Reading Today
As a professional constantly seeking to stay abreast in the ever-evolving business world, it’s imperative to remain up-to-date on current events. The following list of news articles highlights ten of the most significant business happenings today.
1. Amazon to Invest $2 Billion in Climate Fund: Amazon announced plans to invest in the Climate Pledge Fund, a $2 billion initiative aimed at supporting sustainable technologies and services to help Amazon achieve its goal of being carbon neutral by 2040.
2. Facebook to Launch News Section: Facebook plans to launch a dedicated news section featuring content from respected news outlets, in a bid to promote quality journalism and combat the proliferation of fake news on its platform.
3. Tesla Stocks Soar Amid Stock Split: Tesla’s stocks have soared after the announcement of a stock split that aimed to make shares more affordable and attract more investors.
4. TikTok´s Potential Acquisition by Microsoft: Microsoft’s potential acquisition of the popular social media app TikTok is being closely monitored by entrepreneurs and tech enthusiasts, given the significant impact it could have on the future digital landscape.
5. Google Sued by U.S Government: The US government has filed a lawsuit against Google for allegedly violating antitrust laws by controlling search and search advertising markets.
6. New York Times Overall Revenue Grows to $913M: The New York Times’ overall revenue has grown by 1% to $913 million, with digital subscription outpacing print advertising revenue over the last quarter.
7. NBA’s Millionaire Bully Boycotts: NBA players led by Lebron James, have initiated boycotts in a bid to stop controversial police shootings and improve the communication between the police and communities of color.
8. Apple Watch patent – Health Detection Technology: Apple Watch’s patent for health detection technology has promised to revolutionize the healthcare industry with its built-in sensors detecting heart rate, blood sugar levels, and even the possibility of COVID-19 infection.
9. Zoom’s Q2 FY2021 Revenue Increases : With the surge in demand for video conferencing software amid the pandemic, Zoom’s Q2 FY2021 revenue has increased by exponential amounts, exceeding market analysts’ expectations.
10. Walmart + Subscription – A New Player in Streaming Services: Walmart+ subscription service is being heavily promoted, positioning itself as a new player in streaming services while competing against other streaming giants such as Netflix, Amazon Prime, and Disney+.
Staying informed about the latest business news not only updates you on the current trends and market conditions, but also assists in making key financial decisions. By paying attention to the above news, entrepreneurs and professionals can have a competitive edge over their peers in today’s fast-paced business world.
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