Amazon

19Apr

Business

Amazon Operated Shell Company Gathered Intel On Rivals, Including Flipkart, Walmart: Report

A recent exclusive report by the Wall Street Journal (WSJ) has unveiled Amazon’s covert operation through a shell company named Big River Services International, aimed at gathering intelligence on its competitors such as Walmart, eBay, FedEx, and even Flipkart in India. The project, initially dub...

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12Apr

Business

What Amazon CEO Andy Jassy Said In His Annual Shareholder Letter

On Thursday, Amazon Chief Executive Officer Andy Jassy released his annual letter to shareholders. Andy Jassy said that artificial intelligence (AI) technology may be the largest transformation since the internet. Notably, it was Andy Jassy's third shareholder letter since taking the crucial role at...

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6Feb

Technology

Rufus, Amazon’s AI-Powered Shopping Assistant

E-commerce giant Amazon is all set to compete in the market with the generative artificial intelligence (AI) technology. Amazon has unveiled Rufus, an AI-powered shopping assistant, to improve the shopping experience of users. Currently, Rufus is only available in beta to select group of users in Un...

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30Jan

Business

Amazon Cancels Acquisition Of iRobot

Amazon and global consumer robot company iRobot announced that they have entered into a mutual agreement to cancel their previously announced acquisition agreement. Amazon has abandoned this significant deal following disagreements with European Union regulators, who warned of blocking the deal. ...

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25Jan

Technology

France Imposes $35 Million Fine On Amazon Over Employee Surveillance

France's privacy watchdog has recently imposed a $35 million fine on Amazon. The company is facing a hefty fine for setting up an "excessively intrusive system" for monitoring employee activity and performance. However, Amazon responded to this and said that the conclusions of the French Data Protec...

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20Jan

Business

Centre Issues Notice To Amazon For Selling Sweets As ‘Prasad From Ayodhya Ram Temple’

The Centre issued notice to e-commerce giant Amazon, accusing of engaging in “deceptive trade practice” related to the sale of sweets under the tag as ‘Shri Ram Mandir Ayodhya Prasad’.  The action was following the complaint lodged by the Confederation of All India Traders (CAIT), which alleged that...

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16Jan

Business

Tech Layoffs In 2024: 48 Companies Sack 7,528 Employees In Just 15 Days

After a brutal mass layoff in 2023, the trends continue in 2024. Thousands of tech companies including Google and Amazon have announced job cuts in the first two weeks of the year. According to the layoff-tracking website Layoffs.fyi, 48 companies has sacked 7,528 employees till January 15. This ...

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16Jan

Technology

Republic Day Sale 2024: Checkout Top Deals On Amazon And Flipkart

Popular e-commerce platforms, including Amazon and Flipkart, have started their Republic Day sales in the country. The Amazon Great Republic Day sale, which commenced on January 13, will end on January 18. On the other hand, the Flipkart Republic Day sale 2024 began on January 14 and will continue u...

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11Jan

Technology

Google To Lay-Off Hundreds Of Staff, Amazon To Follow

Tech giant Alphabet Inc.’s Google is to lay-off hundreds of staff from its workforce. This move is in tally with its continued drive to cut down the costs. The company said that the cut would affect workers working with the voice-based Google Assistant, augmented reality hardware team and also the w...

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11Jan

Business

Republic Day Sale 2024: Amazon, Flipkart, And Tata Cliq Announce Sale Dates

E-commerce giants are gearing up for the much-awaited Republic Day sale. Popular platforms like Amazon, Flipkart, Tata Cliq, and Myntra have recently unveiled the dates for their sale and are all set to welcome shoppers with incredible deals and discounts. Amazon announced on Wednesday that they ...

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