FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped millions of customers into Prime subscriptions, the federal agency said. Source link
Etailing
Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced
Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while...
Ticketmaster, SeatGeek to Show Full Ticket Prices Up Front as Biden Targets ‘Junk Fees’
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying...
Dispute Erupts Over Former Zappos CEO Tony Hsieh’s Happiness Brand
A friend of former Zappos CEO Tony Hsieh is suing the entrepreneur’s estate over ownership of the Delivering Happiness business....
A Chinese Alternative to Bloomberg Terminals Quietly Limits Information Overseas
E-commerce shopping trends and satellite images are no longer available to foreign users of Wind, clouding their view of the...
SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
ShareListen(1 min) Source link
Big Tech Earnings Spark Hope That Worst Is Over
Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in the past. Source link
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
Alibaba Co-Founder Jack Ma Returns to China After a Year Away
TechBillionaire’s trip home comes as Beijing eases tech crackdown that hit business confidence Source link
Amazon to Cut 9,000 More Jobs After Earlier Layoffs
CEO Andy Jassy cited an ‘uncertain economy’ and more uncertainty in the near future. Source link
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Amazon HQ2 Delay Isn’t a Concern, Northern Virginia Officials Say
The company said it is holding off on moving forward with the second phase of its corporate campus in Northern...
Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters
A first phase of the project with two office towers is nearly complete. Source link
Amazon Raises Price Minimum for Free Online Grocery Delivery
BusinessPrime members will have to spend over $150 for free delivery on Amazon Fresh orders, up from $35 Source link
Amazon Launches $5-a-Month Prescription Drug Plan in Further Healthcare Push
The new Prime membership benefit, dubbed RxPass, will offer unlimited access to commonly prescribed generic medications. Source link
How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches
The iPhone maker’s workforce grew 20% in the past three years, a far slower pace than rivals. Source link
Amazon Appeal to Union Victory in New York Rejected
BusinessCompany says union used inappropriate methods to sway voters Source link
WSJ News Exclusive | Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
WSJ News ExclusiveTechCuts focused on the company’s corporate staff exceed earlier projection Source link
Google and Meta’s Advertising Dominance Fades as TikTok, Streamers Emerge
For the first time in nearly a decade, the two largest players in online advertising are no longer raking in...
