Amazon rolled out a wider range of smart-home gadgets, and also revealed it was expanding into the fitness market, putting itself in competition with Apple more directly. The ecommerce-and-cloud giant is introducing an updated version of its Fitbit-like health tracker as well as Halo Fitness, offering “hundreds of studio-quality workout classes.” That’s on top of a blizzard of other devices,...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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