Tag: Amazon

Foreign e-commerce players circumventing rules to capture Indian market: CAIT

“These foreign entities have indulged in monopolisation of sales of mobile phones through exclusive launch,” the CAIT letter had alleged.

April 27, 2024

Jeff Bezos to sell 50 mn Amazon shares in next 12 months

The sales will occur "over a period" ending January 25 of next year "subject to certain conditions,” the filing read, reports Fox Business.

February 3, 2024

Amazon fined $35 mn over ‘excessive’ employee surveillance

Following press articles about Amazon practices in its warehouses, the CNIL carried out several investigations. It also received several complaints from employees.

January 24, 2024

Amazon removes ‘Shri Ram Mandir Ayodhya Prasad’ sweets after CCPA notice

The products include 'Ghee Bundi Ladoo', 'Khoya Khobi Ladoo', 'Raghupati Ghee Ladoo', and 'Desi Cow Milk Peda', reports Moneycontrol.

January 20, 2024

Amazon reduces nearly 5% of workforce at its Buy with Prime unit

The Buy with Prime service lets online stores offer two-day shipping to Prime subscribers.

January 19, 2024

46 tech companies let go over 7,500 employees in first 2 week into NY

The global layoffs, which continued even in the holiday season late last year, are set to impact the Indian workforce once again.

January 14, 2024

Amazon begins to produce own hydrogen fuel to power vehicles

The hydrogen produced by the electrolyser will be compressed on site and stored in a gaseous hydrogen storage tank for use by the forklift trucks.

December 29, 2023

Amazon introduces its own AI-powered image generator

The image generator will help companies in advertising, e-commerce, and media and entertainment to create studio-quality, realistic images in large volumes and at low cost.

November 30, 2023

Amazon offers $25 per video on Inspire shopping feed, creators mock

Some creators went to social media platforms to mock the low payment.

August 19, 2023