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Here's your daily crunch. Amazon has closed its 8.5 billion dollar acquisition of MGM, the company announced on Thursday.

The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Prime Video, the online retailer's streaming service.

The list includes the James Bond

and Rocky series and classics ranging from Fargo to Robocop to Silence of the Lambs.

The new titles will give Prime Video a leg up against rivals like Netflix, Hulu, and HBO Max.

The deal which was first announced last May received clearance from the European Union's

antitrust regulator two days ago, as the regulator found that the deal wouldn't

significantly reduce competition because Amazon and MGM have limited overlaps.

Up next, Maserati plans to launch a battery electric version for each model in its portfolio by 2025

and phase out gas engines by the end of the decade, making it the latest to join the long list of

marquis from Aston Martin to Volvo that have pledged to go electric. Next year

Maserati will launch a trio of Battery Electric models and the manufacturer will launch three more EVs by 2025.

Maserati CEO Davy, Grazo, declined to specify whether the new Maserati models will share

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