Amazon

Flipkart Staring At $1.3 Billion Fine: ED Comes Down Heavily On Flipkart Founders and Investors

The eCommerce behemoth Flipkart is staring at the penalty which could be one of the highest penalties any indian tech company has ever received. According to a Reuters report, the Enforcement Directorate asked the management of the indian eCommerce...

Amazon To Cough Up Whopping $888 Million In Fine For GDPR Violation

Amazon found itself in hot water earlier this month but managed to keep it under the cover. The company was slapped with largest ever fine for data protection violations in Europe. On July 16, Luxembourg's data protection authority asked Amazon to...

Big Tech Acquisitions: Google Was The Most Bullish During The Last 5 Years [REPORT]

A new CbInsights report reveals the investment and acquisitions activities of the world's biggest tech giants such as Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) from 2016 to Q1 2021. The FAMGA's acquisition activity reached a 5-year low in Q1...

Amazon Acquires MGM: Give Netflix, Disney Run For Their Money?

: Amazon acquires MGM for a purchase price of $8.45 billion. This acquisition could have a far-reaching impact on the global OTT market. If you are a fan of classics such as Rocky, James Bond, Vikings, Handmaid’s Tales, Robocop, and more,...

Reliance Retail Is The Second Fastest Growing Retailer In The World With 55.1% CAGR [Report]

Mukesh Ambani's retail empire has not only emerged as an unstoppable force in India but also on the global frontier! According to Deloitte, Reliance Retail has been ranked as the second fastest-growing retailer in the entire world as of 2021,...

Vying For A Bigger Piece of India’s Online Retail Space: Amazon And Flipkart Offer Similar Take Rates!

The two e-commerce giants Amazon and Flipkart, are battling at a breakneck pace when it comes to offering take rates. According to an analysis done by Jefferies, an American brokerage firm, for low-value items (which cost less than Rs 2,000),...

RIL-Future Deal Close To Collapse: Delhi HC Comes Down Heavily On Biyani

Another day, another hurdle for the Future-RIL deal! As per the latest media reports, the Delhi High Court's recent order translates into a big win for Amazon against Future Retail. The court upheld the emergency arbitrator's ruling in favour of...

Elon Musk, Jeff Bezos And The Puppet Master: Fireworks Are Far from Over!

The two titans that are Elon Musk and Jeff Bezos, have sparred again. This time, over a ‘Post’, if you catch the drift... The incident occurred two weeks back. Taking exception to a an article appearing in the Washington Post,...

Amazon Had No Evil Intent As Painted By Kishore Biyani, Documents Reveal!

The ongoing spat between Amazon and Future Retail seems to become ugly with each court hearing, and Amazon is constantly been accused of behaving like evil by Kishore Biyani. A recent document, however, paints a slightly different picture of...

Amazon’s New Strategy To Crush Walmart: Thinking Out Of The Box

Amazon’s latest move to beat Walmart is sneaky and out of the box. The Bezos-owned e-commerce giant believes $15 as the starting minimum wage per hour for workers will be good for business. And, it has been lobbying U.S Congress...
- Advertisement -

Latest News

Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
- Advertisement -