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Amazon launches $250mn venture fund for startups, SMBs in India
Amazon has launched a $250 million venture fund to invest in technology-led startups and small and medium-sized businesses (SMBs) in India. Read more…
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Amazon asks India not to change e-commerce foreign investment rules
Amazon asks India not to change e-commerce foreign investment rules until investigations into its business practices had been concluded. Read more…
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WhatsApp hires Amazon executive to head payments business in India
WhatsApp has hired a top Amazon executive to head its payments business in India, as the service gears up to expand in the booming sector. Read more…
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Amazon to start making its TV streaming device in India
Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn. Read more…
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India’s Future Group CEO claims Amazon acting like Alexander the Great
Amazon.com Inc’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said in an internal staff Read more…
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What made Parler the fastest-growing app, why has it been pulled offline?
Before Apple banned Parler from its App Store, the social media site topped the charts as the most popular free app in the United States. Read more…
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Apple, Amazon suspend Parler popular with right-leaning users
Apple and Amazon have suspended Parler, saying it has not taken adequate measures to prevent the spread of posts inciting violence. Read more…
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Indian court leaves fate of Future Group sale to Reliance with regulators
High Court of Delhi has left it to regulators to decide the fate of the $3.38bn sale of Future Group’s retail assets to Reliance Industries. Read more…
Views
Google and Facebook vs Governments – who will ultimately win?
Google and Facebook are not alone in being toe to toe with Governments and Regulators around the world but are high profile. Read more…
Features
The US antitrust issue – big tech companies ‘worse than oil barons’
The antitrust subcommittee recommended that Google, Apple, Amazon.com and Facebook should not both control and compete in related businesses. Read more…
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Amazon introduces the smart ‘Dash Cart’ for its cashier-less food outlets
Amazon.com is opening a supermarket in Los Angeles with shopping carts aptly named as the ‘Dash Cart’ that let customers skip checkout lines. Read more…
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Amazon faces new antitrust challenge from online sellers in India
A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the US company favours some retailers Read more…
Views
Question: when is a tech company a telco? Answer: about now
When is a tech company a telco? In light of the recent flurry of investment activity in India you have to wonder. Read more…
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Amazon in talks to buy $2bn stake in Indian mobile operator Bharti Airtel
Amazon is in talks to buy a $2 billion stake in mobile operator Bharti Airtel, in a move that could turbocharge India’s digital economy. Read more…
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Amazon buys thermal cameras for own use from blacklisted Chinese firm
Amazon has bought thermal cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted. Read more…
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Amazon to hire 100,000 workers to deal with surge in online orders
Amazon to hire 100,000 warehouse and delivery workers in the US to deal with a surge in online orders during the coronavirus outbreak. Read more…
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Amazon to sell its ‘cashier-less’ technology to other retailers
Amazon.com Inc is set to announce a new business line selling the technology behind its cashier-less convenience stores to other retailers. Read more…
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Amazon to challenge India anti-trust probe in court
Amazon.com Inc has begun legal action in India to quash an anti-trust investigation against the company saying it could cause “irreparable” loss and damage. Read more…
Views
As streaming wars heat up, Netflix goes to the theatre
News abounds of the heat being turned up in the streaming wars, as Netflix finds itself in the same ring as Amazon, Apple and now Disney. Read more…
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Amazon boss schmoozes small business in India with $1bn fund
Amazon.com CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his fiercest critics. Read more…