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.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.