Marius Grobler

Infinity Lounge

Day: July 8, 2025

McDonald’s big announcement is a Spicy McMuffin and the return of the Snack Wrap: Both arrive this week

The fast food giant is rolling out two big additions to its menu in restaurants across the United States. Here’s what to know.
Fast food giant McDonald’s is rolling out two big additions to its menu this week, including an old crowd-pleaser and a new take on a 50-year-old breakfast sandwich. Here’s what you need to know about the company’s Spicy McMuffin breakfast sandwiches and the return of the Snack Wrap.

Amazon is extending Prime Day deals in 2025, here’s why

The e-commerce giant is hoping to tackle tariff-related worries with extended sales.
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking its 11th year.The e-commerce giant’s promised blitz of summer deals for Prime members starts at 3:01 a.m. Eastern time on Tuesday. For the first time, Seattle-based Amazon is holding the now-misnamed Prime Day over four days; the company launched the event in 2015 and expanded it to two days in 2019.Before wrapping up Prime Day 2025 early Friday, Amazon said it would have deals dropping as often as every five minutes during certain periods. Prime members ages 18 to 24, who pay $7.49 per month instead of the $14.99 that older customers not eligible for discounted rates pay for free shipping and other benefits, will receive 5% cash back on their purchases for a limited time.Amazon executives declined to comment on the potential impact of tariffs on Prime Day deals. The event is taking place two and a half months after an online news report sparked speculation that Amazon planned to display added tariff costs next to product prices on its website.White House Press Secretary Karoline Leavitt denounced the purported change as a “hostile and political act” before Amazon clarified the idea had been floated for its low-cost Haul storefront but never approved.Amazon’s past success with using Prime Day to drive sales and attract new members spurred other major retail chains to schedule competing sales in July. Best Buy, Target, and Walmart are repeating the practice this year.Like Amazon, Walmart is adding two more days to its promotional period, which starts Tuesday and runs through July 13. The nation’s largest retailer is making its summer deals available in stores as well as online for the first time.

Why this LA-based VC firm was an early investor in Slate Auto

Slate Auto, which came out of stealth mode earlier this year with a surprising – and surprisingly affordable – customizable electric truck, has raised $700 million to date. But long before the EV startup broke cover, it quietly raised a Series A round of more than $100 million in 2023. And while Jeff Bezos was […]