Tag: Amazon

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Amazon: Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Global ecommerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4% stake in the company for Rs 276 crore...

Jeff Bezos prepares to close the gap in his space race with Elon Musk

Elon Musk and Jeff Bezos have become the two wealthiest men in the world thanks to their breakthrough technology companies. But Musk, through...

Netflix: Streaming giants oppose Trai’s bid to govern content

Content delivery companies such as Netflix, Amazon, Universal Studios and Warner Bros have opposed the telecom regulator's intention to regulate them, arguing that...

EU satellite network: EU kickstarts satellite network to rival Musk’s Starlink

The EU's flagship satellite constellation project officially took off Monday, as the bloc signed a concession contract with a European consortium to develop...

All cases should be transferred to Karnataka HC, says SC on Flipkart, Amazon antitrust cases

The Supreme Court on Monday, while hearing the Competition Commission of India (CCI) request to transfer 24 pleas related to alleged anti-competitive practices...

Amazon: Amazon to contribute $1 million to Trump’s inauguration fund

Amazon is planning to donate $1 million to President-elect Donald Trump's inauguration fund, a move that comes as major tech companies seek to...

For Tesla owners, a referendum through bumper stickers

It was the last week of October, with the election fast approaching, and business was booming for Matthew Hiller. His Etsy shop was...

Biden administration sprints to tie up tech loose ends

After last month's presidential election, Lina Khan, the Democratic chair of the Federal Trade Commission, went into turbo mode. She officially started a...

Pralhad Joshi: Gaining customers’ trust vital for ecommerce: Pralhad Joshi

Gaining the trust and confidence of consumers is crucial for India’s ecommerce sector, consumer affairs minister Pralhad Joshi said on Tuesday, while cautioning...

Amazon: Amazon affirms commitment to enabling $80 billion exports from India by 2030

Ecommerce major Amazon on Tuesday pledged its commitment to enabling $80 billion in cumulative exports from India by 2030. The new vision marks...

Ecommerce: Ecomm cos must ensure transparency, trust, uphold consumer interest: Pralhad Joshi at Amazon event

Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that ecommerce companies have a significant role to play in ensuring transparent, trustworthy, and...

Amazon: CCI seeks Supreme Court hearing to expedite Amazon, Flipkart cases

India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms, saying...