Tag Archives: Amazon

Swiggy, the popular food delivery platform, is bringing on senior talent from major e-commerce players like Flipkart and Amazon as it prepares for ambitious expansion plans. According to a report by Moneycontrol, Swiggy has recruited at least 12 seasoned executives from these companies over the past four months, bolstering its leadership team. Recent appointments include Shalabh Shrivastava, former Vice President at Flipkart; Hari Kumar G, another former Flipkart VP, who now serves as Swiggy Instamart’s Senior Vice President and Chief Business Officer; and Amitesh Jha, previously an SVP at Flipkart, who has joined as the CEO of Swiggy Instamart.

In a move that has significant implications for foreign workers in the United States, tech giants Amazon and Google have announced the suspension of US green card applications for the remainder of 2024. This decision comes amidst a wave of layoffs within the tech industry, including recent cuts by Microsoft, raising concerns about job opportunities for overseas candidates.

A consumer court in Delhi has imposed a penalty of ₹45,000 on e-commerce giant Amazon and a retailer for the prolonged delay in issuing a refund for a faulty laptop, according to reports from Times of India. The Delhi East District Consumer Disputes Redressal Commission deemed this delay as an "unfair trade practice," criticizing Amazon for leaving customers without evidence of the item's return.

An Amazon customer recently took to social media to express frustration after allegedly receiving a counterfeit iPhone 15 from the e-commerce giant. The individual, using the handle @GabbbarSingh, shared a photo of the purported 'iPhone 15', lamenting the absence of a charging cable and questioning the authenticity of the product. The post quickly gained traction, prompting a response from Amazon.

In a strategic move, Amazon founder Jeff Bezos has disclosed plans to sell up to 50 million shares of Amazon.com Inc. over the next 12 months, leveraging the recent surge in the company's stock. The announcement comes on the heels of Amazon reporting its strongest online sales growth since the early stages of the pandemic, propelling its shares to a nearly 8% rally, reaching $172.

A 2006 Amazon review of Tuscan milk by Jeff Bezos, the Amazon founder, has gone viral and garnered responses from various quarters, including a humorous reaction from Elon Musk. The unexpected resurgence of the review has captivated the online community.

Amazon has introduced 'Prime Shopping Edition' exclusively for Android users in India at ₹399 per year. This initiative offers free shipping and one-day deliveries but excludes Prime Video, music, and other entertainment services. With over 650 million smartphone users in India, the move targets the majority who use Android devices, coinciding with the Great Indian Festival sale.

The US Federal Trade Commission (FTC) has initiated a significant antitrust lawsuit against Amazon, joined by 17 state attorneys general, alleging that the online retail giant's actions have led to higher prices for consumers and stifled competition. This move is part of the ongoing effort to address the dominance of Big Tech companies in various aspects of the internet.

Amazon is making a substantial foray into the AI sector with a multi-billion-dollar investment in Anthropic, a prominent player in AI development. This move intensifies the competition with industry giants like Microsoft, Google, and OpenAI, as Amazon seeks to enhance its AI capabilities and bolster its Alexa voice assistant.

In a thrilling announcement, Abhijeet Suresh Nikam, the acclaimed author, is all set to release his much-awaited book “Financing Agriculture by District Co Operative Central Bank” tomorrow, September 21, 2023. The author himself couldn't contain his excitement as he shared the news with his eager readers and followers.