"amazon" tag
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AI washing: How to detect it and why it’s a growing problem

Artificial intelligence is becoming more common in everyday life. Some companies are exaggerating the use of AI when marketing their products and services, which could impact our relationship with AI technology. Imagine this: You want...

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EU says Booking.com is tech ‘gatekeeper,’ set to rule on X

Brussels has designated Booking.com a “gatekeeper” between businesses and consumers, meaning it must comply with strict tech rules. It has yet to decide if the same applies to Elon Musk’s X social platform. The European Commission on...

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US chipmaker Nvidia strikes AI gold

The artificial intelligence boom has seen Nvidia achieve stunning financial results. But other companies, including Google, Microsoft and Amazon, want a piece of the action. Semiconductors already occupy a pivotal place at the center of...

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The wheels of retailing and the last-minute delivery by quick commerce

Modern consumers need speed, are ready to pay extra and are happy once the purchase is in their hands within minutes. Urbanization, congested roads, nuclear family, busy lifestyle, and the smartphone in hand all acted...

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Google parent company Alphabet to lay off 12,000 employees

Google parent Alphabet said that the layoffs were due to a “changing economic reality” and that hires had been made during times of growth. The move follows similar cuts at Microsoft, Amazon and Twitter. Google...

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Amazon extends last year’s job cuts to 18,000

The giant retailer said it had “hired rapidly” over the past few years. It also cited the “uncertain economy” as a reason for its latest round of job cuts. Giant retailer Amazon announced on Wednesday...

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Amazon plans to cut 10,000 jobs: reports

Online retail giant Amazon is planning to cut 10,000 jobs, which is 3% of its global workforce, as it grapples with the uncertain economy taking over globally, the New York Times (NYT) and Wall Street...

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EMI & You: Zero cost EMIs but with not zero cost

Every year online selling platforms like Myntra, Amazon, Flipkart, etc. come with their mega sales or the so-called “Big Billion Sales” multiple times, and there starts the flow of various types of discounts and offers....

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Does Single Policy framework work for online, offline and hybrid business?

Technology is helping business models converge, however, it is inconceivable how a single e-commerce policy framework is envisaged for different sectors on the online platform like retail, media, entertainment, food and travel. The expert market...

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Amazon’s CEO Bezos hands over CEO title to Jassy

From working out of his garage to becoming the world’s richest man, Jeff Bezos’s departure as Amazon’s CEO is a milestone for one of the world’s most influential companies. Andy Jassy will have big shoes...

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Taxing Big Tech to fund economic recovery?

International tax rules do not accurately reflect Big Tech’s global economic presence, a human rights group has concluded. A global minimum tax rate could help discourage tax dodging. G20 countries are losing out on as...

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The New York City bookstore that took a stand

Independent booksellers in the US face a crisis long in the making, but the pandemic is accelerating the process. An iconic New York City store is seeking to buck the trend. Early signs suggest it’s...