June 26, 2023
Amazon Undertakes $7.8 Billion Expansion of Ohio Data Operations
Amazon Web Services (AWS) says it is upping its investment in its Ohio data center operations. The company announced Monday (June 26) that it will spend an estimated $7.8 billion to expand its...
June 26, 2023
Data Management Firm Databricks to Acquire AI Startup MosaicML for...
Databricks is buying generative artificial intelligence (AI) startup MosaicML in a $1.3 billion deal. The acquisition is designed to meet the rapid demand among businesses for their own version of ChatGPT, The Wall Street Journal (WSJ)...
June 26, 2023
Blue Apron CEO: Meal Kits Now Prioritize Long-Term Profitability Over...
As meal kit providers look to weather the challenges of inflation, many have been forced to rethink their business models. Blue Apron CEO Linda Findley tells PYMNTS in an interview...
June 26, 2023
Amid Healthcare Merger Backlash, Amedisys Agrees To $3.3B UnitedHealth Deal
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share and...
June 26, 2023
Amedisys Agrees to $3.3 Billion UnitedHealth Merger
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth Group. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share...
June 26, 2023
Amazon Turns to Small Businesses to Close Last-Mile Delivery Gap
Amazon is reportedly planning to recruit small businesses to boost its last-mile delivery efforts. The project — happening in 23 states — will involve a range of small businesses, including...
June 26, 2023
Will 99 Cents Burn Toast at the POS?
After spending the last 20 minutes online deliberating over what you really need to round out your summer wardrobe, you’re ready to check out. You review your basket, apply the...
June 26, 2023
CE 100 Index Loses 2.8% as iRobot and AI Names...
Rumors of deal-making in the online grocery space were not enough to offset declines in shares tied to volatile sectors — including AI. As a result, The CE 100 Index...
June 25, 2023
Amazon Will Invest $26 Billion India by Decade’s End
Amazon intends to invest $26 billion in India by 2030 amid increasing competition with Walmart. As Reuters reported Saturday (June 24), the company made that announcement after CEO Andy Jassy met with Indian Prime Minister Narendra...
