Reuters reported in April that Amazon was delaying Prime Day until at least August, and expected to absorb a $100 million loss due to the shift.
Four Democratic senators wrote a letter calling on the DOJ and FTC to scrutinize Uber's potential acquisition of GrubHubThe senators wrote the timing of the rumored acquisition is particularly troubling during the pandemic, "when consumer demand has increased and when restaurants are more desperate for revenue than ever."
Magic Leap has secured $350 million in a new investment round as it tries to secure the future of the companyThe company is working on its next headset, Magic Leap 2, but has made a shift to the enterprise market.
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