Today’s the day: Whole Foods shareholders vote on Amazon deal
We wrote earlier this week that Whole Foods shareholders are expected to approve letting Amazon buy the high-end grocery retailer for $13.7 billion.
Follow reporter Sebastian Herrera on Twitter as he covers today’s vote.
Apple is backing off plans to develop a self-driving car
Instead the tech company is going to focus on the underlying technology behind self-driving cars, rather than creating the car itself, the New York Times reports.
The company is testing this technology with a self-driving shuttle on the Apple campus.
From the Times:
The project’s reduced scale aligns Apple more closely with other tech companies that are working on autonomous driving technology but are steering clear of building cars. Even Waymo, the Google self-driving spinoff that is probably furthest along among Silicon Valley companies, has said repeatedly that it does not plan to produce its own vehicles.”
Google and Walmart partnering on voice shopping
Google and Walmart have agreed to make “hundreds of thousands” of Walmart products available for purchase through Google Home, according to Recode.
Google first included voice shopping on its Google Home smart assistant device earlier this year with other retailers such as Walgreens and PetSmart.
Mutual fund companies mark down their investments in Uber
These mutual fund companies include Vanguard Group, Principal, Hartford Funds and T. Rowe Price Group.
This is interesting because Uber’s shares aren’t traded publicly, so the mutual fund companies that hold them estimate their worth every quarter. Its the easiest way to tell how investors are perceiving Uber after the ride-hailing company has been rocked by scandals.
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