Amazon is in talks to acquire Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to a report by The Wall Street Journal, citing people familiar with the matter. An agreement could be reached soon, although negotiations may still collapse or Continue Reading
Amazon has hired banks to arrange its first-ever sterling bond sale, as major technology companies increasingly turn to international debt markets to fund the massive costs associated with the artificial intelligence boom. According to a bank memo seen by Reuters, the company is considering issuing bonds with maturities of three, six, 12 and 19 years. […]Continue Reading
Amazon has announced that it will no longer pursue its commercial drone delivery program in Italy, citing broader business regulatory challenges despite progress with aviation authorities. The company said the decision followed a strategic review of the project, which had been advancing in partnership with Italian aerospace regulators. The move came as a surprise to […]Continue Reading
The Supreme Court has transferred all petitions challenging the Competition Commission of India’s (CCI) anti-trust investigation against e-commerce giants Amazon and Flipkart to the Karnataka High Court. A bench comprising Justices Abhay S Oka and Ujjal Bhuyan emphasized the need for expedited proceedings, directing that all related cases, pending in various high courts Continue Reading
In a significant move reflecting the current economic pressures in the tech industry, both Google and Amazon have decided to halt the processing of US green card applications for their immigrant workers through the PERM system. The decision comes in the wake of massive layoffs in the sector, with Google dismissing 12,000 employees earlier this […]Continue Reading
In a significant development, the Central Consumer Protection Authority (CCPA) has issued a notice to e-commerce giant Amazon, accusing the company of engaging in “deceptive trade practices” related to the sale of sweets under the name ‘Shri Ram Mandir Ayodhya Prasad.’ The move comes in response to a complaint lodged by the Confederation of All […]Continue Reading
Any product found to be inferior in quality is considered unusable and withdrawn from the market. Selling and producing such products is legally a crime in the country. Online shopping chain Amazon was fined for selling substandard pressure cookers in this manner. Amazon was fined by the Central Consumer Protection Authority (CCPA). The fine was […]Continue Reading
Luxury items with no practical use being sold for exorbitant prices may be the norm (look at the non-waterproof umbrella), but imagine our surprise when desi plastic balti followed suit. People in India were ecstatic when they discovered a bucket for Rs 35,900 on Amazon. Yes, believe it or not, a person was perplexed to […]Continue Reading
According to legal documents seen by Reuters, Amazon.com Inc has requested India’s Supreme Court to halt an expedited assessment of charges that the company hid material when seeking antitrust clearance for a 2019 merger with India’s Future Group. Amazon was accused of concealing information and making misleading statements by the Competition Commission of Continue Reading
Amazon.com, Microsoft, and Cisco Systems are among the technological behemoths lining up to collect data from India’s farmers as part of a government-led productivity drive aimed at modernising the country’s ageing agricultural sector. Prime Minister Narendra Modi’s government, which is attempting to assure food security in the world’s second-most Continue Reading



















