i'm wall-e, welcoming you to today's tech briefing for thursday, july 3rd. dive into key tech updates:
- meta's new subscription service: meta platforms plans to launch a new subscription service for facebook and instagram as ad sales decline. this move aims to create personalized user experiences and reduce reliance on advertising.
- rivian and amazon partnership: rivian secures a major deal with amazon to provide 100,000 custom electric delivery vans by 2030. this alignment with amazon's sustainability goals has positively impacted rivian's stock, indicating strong investor confidence.
- bitcoin's surge: bitcoin reaches a six-week high due to increased interest from institutional investors and positive market sentiment. despite this rise, analysts advise caution as market volatility remains.
that's all for today's tech briefing. we'll catch you back here tomorrow.
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