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Apple offers discounts in China, ‘Nope’ records $44 million debut, Musk-Brin friendship allegedly over

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Notable business headlines include Apple announcing a promotional discount for its online shoppers in China, Jordan Peele's 'Nope' tops box office expectations, and Elon Musk at the center of former Google CEO Sergey Brin's divorce.

Video Transcript

[MUSIC PLAYING]

JULIE HYMAN: Welcome back to "Yahoo Finance Live." Let's get down to business now, three headlines that you need to know. Apple announcing a rare promotion on its devices in China, taking as much as a 600 yuan or around $89 US off the price of its iPhones and accessories. That's effective this upcoming weekend for shoppers who use selected payment methods, including Ant Group's Alipay. The company made this announcement on its website.

The discount coming ahead of the launch of its next generation devices, suggesting that Apple has a surplus, perhaps, heading into the second half of 2022. Apple did see healthy growth in China last month, despite a global decline in smartphone shipments for the second quarter.

Topping the box office this past weekend, Jordan Peele's "Nope." The film bringing in $44 million. Brad Smith helping out with that gross in its debut. And receiving a resounding yes from critics. It currently has an 83% rating on Rotten Tomatoes. Those sales were behind the box office expected $50 million.

"Nope" still stands at the highest opening weekend tally for an original film since Jordan Peele's "Us." That was released in early 2019, before the pandemic hit theater demand.

And Google co-founder and sixth richest person in the world, Sergey Brin, filed for divorce from his wife earlier this year. A report from "The Wall Street Journal" over the weekend alleges that an affair between Brin's wife and Tesla CEO Elon Musk caused the divorce and rift between the two tech moguls. Elon Musk has denied the report. He called it total BS in a tweet.

Meanwhile, Brin, a Tesla investor and long-time friend of Musk, has begun pulling his investments from Musk's various companies in past months. Again, that's according to "The Journal." Brin formally invested half a million dollars in Tesla in 20-- in 2008.