The Companies Cutting Jobs in 2024: Here’s the List
Updated Jan. 12, 2024 2:03 pm ETListen to article(1 minute)Some companies are kicking off the new year by trimming staff...
E-commerce
EBay to Pay $3 Million Penalty for Employees Sending Live Cockroaches, Fetal Pig to Bloggers
Updated Jan. 11, 2024 4:55 pm ETEBay agreed to pay a $3 million criminal penalty after employees engaged in a...
Walmart Expands Drone Delivery in Dallas as It Races Amazon
Listen to article(1 minute)Drones are more likely to be buzzing overhead this year if you live in Dallas.Walmart plans to...
The American Store Is Shrinking
Updated Dec. 12, 2023 5:04 pm ETListen to article(1 minute)The average store size in the U.S. is the smallest it’s...
TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business
Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group...
Nascar Revs Up TV, Streaming Deals Worth Nearly $8 Billion
Nov. 29, 2023 10:38 pm ETNascar has struck new television and streaming rights deals worth $7.7 billion with media partners...
Tech’s New Normal: Microcuts Over Growth at All Costs
The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more...
GM’s Self-Driving Car Unit Skids Off Course
Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its...
WSJ News Exclusive | Amazon Launches Free AI Classes in Bid to Win Talent Arms Race
Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain...
Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in...
Amazon Executives Discussed How Its Policies Hurt Sellers, FTC Suit Says
Updated Nov. 2, 2023 1:09 pm ETAmazon.com executives discussed how its pricing policies had a “punitive aspect” on sellers, according...
New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to...
WSJ News Exclusive | Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Lina Khan Once Went Big Against Amazon. As FTC Chair, She Changed Tack.
The government’s antitrust lawsuit leaves out some allegations from a legal condemnation of Amazon that Khan wrote in law school....
CEO of Naspers and Prosus Steps Down
South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link
Amazon Searches for Its Next Big Hit
Listen to article(1 minute)The team atop Amazon.com has been pushing for years to find what they call a “fourth pillar,”...
Who Should Eat the Cost of Pricier Delivery Menus?
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
Dating Apps Put a Hefty Price Tag on Finding Love
Tinder, Bumble and others are introducing higher-priced tiers, betting users will pay up. Source link
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty...
WSJ News Exclusive | Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as...
