Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
General Motors will temporarily shut down eight of its 15 North American assembly plants for a week starting Monday because of a worsening global microchip shortage, according to ABC News.
Callin, a San Francisco-based social podcasting app, raised $12 million in Series A funding co-led by Sequoia Capital, Goldcrest Capital and Craft Ventures (which incubated the company).
Intuit, the maker of TurboTax and QuickBooks, is in talks to buy Mailchimp, an Atlanta-based email marketing company, for more than $10 billion, per Bloomberg.
South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems.
