Amazon is mounting a challenge to Instacart through a new partnership with Rite Aid offering same-day deliveries of health, cosmetics and grocery items to Prime members in two U.S. markets. The company plans to test the service in Newark, NJ and Burbank, Calif., allowing Prime members to order deliveries within two-hour windows through a dedicated Rite Aid page on Amazon’s website and app....
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
SVB Is Sold, but Other Banks Are Already Filling the Void
After a two-week auction process, Silicon Valley Bank has finally been sold to regional lender First Citizens Bank. But while the sale of the tech industry’s go-to bank was playing out, other banks moved to fill the void. Among the firms moving quickly are SVB rival Western Alliance-owned Bridge Bank and JPMorgan Chase, as well as newer institutions Mercury and Brex. “You can see...
Baidu Cancels Public Launch of ChatGPT-Like Product
Jack Ma Returns To China
First Citizens to Buy SVB’s Deposits, Loans From Government
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors