Amazon
Bezos to give Amazon reins to cloud boss Jassy as sales rocket past $100 billion. Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of the company’s transformation from web retailer to internet conglomerate. www.reuters.com/article/us-amazon-com-results/bezos-to-give-amazon-reins-to-cloud-boss-jassy-as-sales-rocket-past-100-billion-idUSKBN2A22UH
Apple
The company reportedly plans $3.6B investment in Kia, may sign a deal on Feb. 17, aims to start making cars in Georgia in 2024, with an initial target of 100K cars/year www.bloomberg.com/news/articles/2021-02-03/apple-to-invest-3-6-billion-in-kia-to-make-evs-donga-says
Alphabet
Alphabet Q4: revenue of $56.90B, up 23% YoY, Google Cloud revenue of $3.83B, up from $2.6B, and YouTube ads revenue of $6.89B, up from $4.7B; stock jumps 5%+ — MOUNTAIN VIEW, Calif. – February 2, 2021 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2020. abc.xyz/investor/static/pdf/2020Q4_alphabet_earnings_release.pdf?cache=9e991fd
Uber
The company declared it is buying alcohol delivery startup Drizly for $1.1B in cash and stock; Drizly co-founder and CEO Cory Rellas is expected to remain with Uber — Uber on Tuesday announced an agreement to buy Drizly, a Boston-based alcohol delivery startup, for $1.1 billion in cash and stock. www.axios.com/uber-buying-booze-delivery-company-drizly-dbd001d7-e23e-4bf0-9213-1889385536de.html
Digital health trends
5 digital health trends to watch in 2021, according to investors From millennial mental health to personalized preventative care — three health tech investors tell us where to look next. Healthtech startups have attracted new users in droves, and the sector saw a $750m investment increase from 2019 to 2020, making it a record year for the sector. sifted.eu/articles/5-digital-health-trends-in-2021/
