A historic antitrust trial began Monday for Meta Platforms Inc. in a case that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses. The trial is bringing Meta CEO Mark Zuckerberg into federal court in Washington to testify. In […]
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File photo of Amazon’s logo. Amazon on March 20 announced another round of job cuts, bring the total count to 27,000 in this year itself. | Photo Credit: Reuters Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on March 20. The job […]
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File photo of Amazon’s logo. Amazon on March 20 announced another round of job cuts, bring the total count to 27,000 in this year itself. | Photo Credit: Reuters Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on March 20. The job […]
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Union Minister Dharmendra Pradhan said that steps are being taken to enhance the production and marketing of forest produce of tribal communities. File | Photo Credit: PTI The government is taking steps to enhance the production and marketing of forest produce of tribal communities and engaging with e-commerce players like Amazon and Flipkart to push their […]
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Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. – Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg | Photo Credit: JOSH EDELSON In 2020, the number of people […]
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Activists of Greenpeace attach banners reading ‘crime’ and ‘Black Friday. Nature destruction as a business model’ at the Amazon headquarters in Munich, Germany. | Photo Credit: Reuters Gig Workers Association (GigWA) in association with Amazon Warehouse workers and Hawkers Joint Action Committee held protests here on Friday, demanding the global giant to pay at least […]
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A group of small tech companies this week will launch an advertising campaign urging lawmakers to pass landmark legislation that would diminish the power of the country’s largest internet giants. The small companies, which compete with Alphabet Inc.’s Google, Amazon.com Inc., Apple Inc. and Meta Platforms Inc., are hoping to push Congress to pass the […]
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Amazon.com Inc. plans to cut about 10,000 jobs, the largest ever headcount reduction at the e-commerce giant as it braces for slower growth and a possible recession. The layoffs, which could begin as soon as this week, will likely target Amazon’s devices group, responsible for the Echo smart speakers and Alexa digital assistant, as well […]
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Amazon founder Jeff Bezos. File. | Photo Credit: Reuters Amazon.com Inc. founder Jeff Bezos will give away a majority of his $124 billion wealth during his lifetime, the billionaire told CNN in an interview on Monday. Without providing further details, Mr. Bezos said he and partner journalist-turned-philanthropist Lauren Sánchez were “building the capacity to be […]
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The CCPA initiated suo-moto action against e-commerce platforms for sale of domestic pressure cookers in violation to compulsory standard The CCPA initiated suo-moto action against e-commerce platforms for sale of domestic pressure cookers in violation to compulsory standard The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹1 lakh on Cloudtail India for […]
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