Category: business
BMW wants to sell subscriptions to in-car features
In an expansion of its ConnectedDrive Store, BMW wants to give owners of its cars the option to access specific hardware and software features through a subscription (via Autoblog). BMW hasn't detailed exactly how the service will work, but the short… Source
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Lululemon buys interactive home gym startup Mirror for $500 million
Lululemon is best-known for gym clothes, but the gym isn’t an option in areas hard-hit by the pandemic — so it’s finding a way to foster workouts at home. The company has bought home fitness startup Mirror for $500 million to “accelerate the growth o… Source
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Olympus is giving up on cameras
Despite denying persistent rumors that it would exit the camera business, Olympus is doing exactly that. The company has announced that will sell its camera business to Japan Industrial Partners (JIP), the same company that purchased Sony’s VAIO PC d… Source
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T-Mobile asks California to soften 5G, job conditions for Sprint merger
T-Mobile is hoping to ease some of the conditions it agreed to for its merger with Sprint. The carrier has asked California’s Public Utilities Commission to roll back three main requirements. It wants the CPUC to delay 5G coverage and speed targets f… Source
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Microsoft will double its Black senior leadership by 2025
Following the likes of Google and some of its other peers in the space, Microsoft unveiled a racial equality initiative on Tuesday. In a letter signed by CEO Satya Nadella, the company said it's "committed" to addressing racial injustice and inequity… Source
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Google’s racial equity push includes $175 million for Black businesses
Google’s commitment to supporting the Black community will extend well beyond YouTube’s $100 million fund. Google and Alphabet chief Sundar Pichai has unveiled a racial equity initiative that, among other things, will contribute a total of $175 milli… Source
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