As we navigate through a constantly changing business landscape, staying up-to-date with the latest news is essential to make informed decisions and stay ahead of the competition. In this week’s roundup of Jang Business News, we bring you the top stories from the world of business that are making headlines and offering valuable insights.
1. Retail giant Walmart announces expansion of autonomous delivery services
In an effort to stay competitive with e-commerce giant Amazon, Walmart is planning to expand its autonomous delivery services to more cities across the United States. The self-driving vehicles, which are equipped with high-tech sensors and cameras, will be used for delivery to and from Walmart stores, offering customers a convenient and contactless option for their shopping needs.
2. Microsoft acquires Nuance Communications for $19.7 billion
In a move to strengthen its position in the healthcare industry, Microsoft has acquired Nuance Communications, a leading provider of speech recognition and artificial intelligence technology. The acquisition will allow Microsoft to integrate Nuance’s technology with its cloud computing platform, Azure, to offer innovative solutions to healthcare organizations.
3. Electric car maker, Lucid Motors, to go public through SPAC merger
Electric car maker, Lucid Motors, has announced plans to go public through a merger with a special purpose acquisition company (SPAC). The deal is set to value Lucid Motors at $11.75 billion and will provide the company with the necessary funds to expand production of its luxury electric vehicles and compete with established players in the market.
4. Johnson & Johnson vaccine rollout temporarily paused due to rare blood clotting incidents
The rollout of Johnson & Johnson’s COVID-19 vaccine has been temporarily paused in the United States due to reports of rare blood clotting incidents in a small number of recipients. Although the risk is considered to be low, the move highlights the importance of rigorous safety protocols in the development and distribution of vaccines.
5. Twitter introduces ‘Tip Jar’ feature to allow users to send money to creators
Twitter has launched a new feature called ‘Tip Jar’ which allows users to send money directly to their favorite content creators on the platform. The feature will initially be available to a select group of users, including journalists, musicians, and non-profit organizations, and is expected to expand in the coming months.
In summary, the world of business is constantly evolving, and staying informed is key to making informed decisions. From autonomous delivery services to innovative healthcare solutions, electric vehicles, and digital payments, these top stories from Jang Business News offer valuable insights into the latest developments and trends in the industry.
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