Tech Brew - 7th July 2022
It's #TechBrew ☕ time with Ben at 🌟SaaS Industry🌟 - Get your quickest news📰 updates around tech and everything worth knowing! 💡
Here's a quick sneak-peek:
🇺🇸US fed moves toward another big rate increase as inflation lingers
🛢️Global oil prices dip below $100
🇨🇳China offers women perks for having babies
💸Startup funding falls the most it has since 2019
💰Amazon agrees to buy stake in Just Eat Takeaway’s Grubhub
We'll be back with some more news to share with you at lightning speed⚡.
US Fed Moves Toward Another Big Rate Increase as Inflation Lingers, officials are likely to stay on an aggressive path even as signs of economic cooling emerge.
Global oil prices dip below $100. The global benchmark for oil dropped below $100 a barrel on Wednesday for the first time since late April as fears of a looming recession spread among traders.
China Offers Women Perks for Having Babies. Beijing is giving incentives to stem a demographic crisis, but its control over childbirth and its suppression of women’s rights are making it difficult for some aspiring parents to start a family. Single moms don't qualify .
Start-Up Funding Falls the Most It Has Since 2019. The figures released by PitchBook, which tracks young companies, reveals that for the first time in three years, start-up funding is dropping. Investments in U.S. tech start-ups plunged 23 percent over the last three months, to $62.3 billion. This is the steepest fall since 2019.
Amazon agrees to take stake in Just Eat Takeaway’s Grubhub. The Amsterdam-based online food delivery marketplace, announced that it has entered into a commercial agreement with Amazon in the United States. Amazon has agreed to take a 2 per cent stake in the Grubhub’s shares, which is struggling in the US.
Global oil prices dip below $100. The global benchmark for oil dropped below $100 a barrel on Wednesday for the first time since late April as fears of a looming recession spread among traders.
China Offers Women Perks for Having Babies. Beijing is giving incentives to stem a demographic crisis, but its control over childbirth and its suppression of women’s rights are making it difficult for some aspiring parents to start a family. Single moms don't qualify .
Start-Up Funding Falls the Most It Has Since 2019. The figures released by PitchBook, which tracks young companies, reveals that for the first time in three years, start-up funding is dropping. Investments in U.S. tech start-ups plunged 23 percent over the last three months, to $62.3 billion. This is the steepest fall since 2019.
Amazon agrees to take stake in Just Eat Takeaway’s Grubhub. The Amsterdam-based online food delivery marketplace, announced that it has entered into a commercial agreement with Amazon in the United States. Amazon has agreed to take a 2 per cent stake in the Grubhub’s shares, which is struggling in the US.
