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Amazon (NASDAQ:AMZN) workers at the fulfillment center near Detroit are protesting the safety conditions after at least three positive coronavirus cases at the site, according to The Verge.
The workers want more transparency from Amazon and for the center to be temporarily closed for deep cleaning.
On Monday, workers at an Amazon delivery station in Chicago walked out after a positive diagnosis.
Amazon fired the head of the Staten Island fulfillment center strike, which launched investigations by NYC and New York state.
T-Mobile (NASDAQ:TMUS) has completed its acquisition of Sprint (NYSE:S), 23 months after the deal was announced.
That comes even as the California Public Utility Commission continues to review the deal (once considered the last major approval left).
With the move, Mike Sievert officially takes over as CEO of T-Mobile from John Legere earlier than planned.
The parent of the combined company, T-Mobile US, will continue to trade on Nasdaq as TMUS. Sprint will no longer trade on NYSE.
Premarket: TMUS -2.6%.
SoftBank (OTCPK:SFTBY) will walk away from its deal to buy more equity in WeWork (WE), Bloomberg reports, even as the tech investing giant faces threats of litigation.
SoftBank will let a deadline pass without action on the $3B arrangement to buy shares from VC firms, employees and former CEO Adam Neumann, according to the report.
A last-minute deal is still possible, but the deadline for investors to tender shares is 11:59 p.m. ET.
The October deal would have left SoftBank with an ownership stake of almost 80% in WeWork; Neumann was set to sell up to $970M worth of shares.
YouTube (GOOG -5.1%, GOOGL -5.3%) is setting up its own answer to fast-growing video-sharing app TikTok, The Information reports.
YouTube wil introduce “Shorts” inside its existing mobile app by the end of the year, according to the report.
That will include brief videos posted by users and take aim at a TikTok strength – music – by drawing on a hefty catalog of licensed tunes.
TikTok is developed and owned by Beijing-based ByteDance (BDNCE).
Uber (NYSE:UBER) Eats is partnering with French supermarket chain Carrefour to offer deliveries from 15 stores in Paris.
In Spain, Uber is teaming with Galp to deliver from 25 petrol station convenience stores.
In Brazil, the ride-hail company can drop off goods from convenience stores, pharmacies, and pet stores.
The new tie-ups come as the ride-hail side of the business takes a hit due to the coronavirus pandemic.