C&E Industry News Filter

Amazon and Grubhub strike agreement to bring restaurant delivery to Prime members

Amazon and Grubhub strike agreement to bring restaurant delivery to Prime members

Amazon.com agreed to add Grubhub to its suite of Prime services in the US in a deal that also allows the e-commerce giant to acquire a small stake, the parent company told the food ordering firm. Grubhub’s parent company, Holland-based Bare Eat Takeaway.com said Amazon has an initial opportunity to take a 2% stake in …

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Amazon and Grubhub strike agreement to bring restaurant delivery to Prime members

Amazon and Grubhub strike agreement to bring restaurant delivery to Prime members

Amazon.com agreed to add Grubhub to its suite of Prime services in the US in a deal that also allows the e-commerce giant to acquire a small stake, the parent company told the food ordering firm. Grubhub’s parent company, Holland-based Bare Eat Takeaway.com said Amazon has an initial opportunity to take a 2% stake in …

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UK expands new muscle in antitrust investigations over Microsoft and Amazon

UK expands new muscle in antitrust investigations over Microsoft and Amazon

LONDON – The United Kingdom’s antitrust agency opened investigations into Microsoft proposed takeover of Activision Blizzard and ind Amazon Inc.’s business practices, which strengthen Britain as a new regulatory power that Silicon Valley must reckon with. The UK Competition and Market Authority said on Wednesday that it was investigating whether Microsoft’s $ 75 billion bid …

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Health premiums could rise for millions of Americans when subsidies expire

Health premiums could rise for millions of Americans when subsidies expire

With Americans spending more on just about everything these days, one major expense has been uncharacteristically tame lately for nearly 15 million of them. Premiums for the so-called Obamacare health insurance schemes fell for the most part this year, but are set to rise sharply as subsidies expire in December. It could mean problems for …

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Demand for employment remained strong when the summer started, economists estimate

Demand for employment remained strong when the summer started, economists estimate

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Three reasons why homebuyers are considering adjustable rate mortgages

Three reasons why homebuyers are considering adjustable rate mortgages

High mortgage rates are forcing some homebuyers to opt for fixed rate loans over fixed rate loans to keep monthly costs down. Adjustable-rate loans, called ARMs, typically have a lower interest rate than a 30-year fixed-rate mortgage in the first year of the loan, and are then adjusted periodically based on one of several indices. …

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Crypto Broker Voyager digital files for bankruptcy protection

Crypto Broker Voyager digital files for bankruptcy protection

Cryptocurrency broker Voyager Digital said it has filed an application for Chapter 11 bankruptcy protection, days after it suspended withdrawals and trading on its platform amid growing turmoil in digital currency markets. The company said it has initiated a Chapter 11 restructuring in New York, where it is based, and will seek recognition of the …

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Twitter’s match with Delhi will define online speech in India

Twitter’s match with Delhi will define online speech in India

Twitter legal challenge to the Government of India on online speech will be closely monitored by US technology companies – including Alphabet, Meta Platforms and Netflix – in hopes of making inroads into the world’s second largest internet market without being seen as enabling government censorship. If Twitter loses, the tight leash will become even …

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Online ad decline will not be a crack for Google, Facebook, others

Online ad decline will not be a crack for Google, Facebook, others

Online advertising has not already had a good year. But things are getting worse, and Wall Street may be underestimating how much it is. The combined weight of macroeconomic factors such as rising interest rates, the war in Ukraine and rising inflation took some wind out of the online advertising market in the first quarter. …

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