Youtube announcing that it will launch a paid music service in March, according to reports. Warner Music group has already signed on for the service and Youtube is in talks with Sony music entertainment and universal music group as well.
Walmart is trying to compete with Amazon in a new arena...meal kits. The world's largest retailer selling almost 30 separate meal kits from several different brands. The pricing on the kits varies and this is not a subscription model, so it's not Walmart's version of Blue Apron.
Plus, according to Reuters, the ride-hailing giant Didi Car plans to make its first international expansion into Mexico next year, continuing its global rivalry with Uber.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
