South Korean government to support small-business vendors on Qoo10-owned e-commerce platforms amidst payment chaos
TECHNOLOGY POWERING BUSINESS
News eCommerce
Amazon Faces Double Tax Fraud Probes In Italy
Italian authorities investigate Amazon in second tax-evasion case after seizing 121m euros from Milan unit last week
Amazon Workers In Coventry Fail To Form Union
Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB
Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto
Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges
EU Accepts Apple’s Legal Commitments To Open NFC Access
Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators
Amazon To Discontinue Astro Security Robot
End of the line for Amazon's Astro security guard robot for businesses, which will be bricked in September this year
Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions
Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers
Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares
Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares
EU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report
European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers
Microsoft Shutters China Retail Stores
Microsoft reportedly shuts down all branded retail stores on Chinese mainland, four years after similar move internationally
Amazon Finally Breaches $2 Trillion Valuation
Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion valuation
China-Linked Shein Faces Uphill Battle For IPO In US Or UK
China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient
Amazon Mulls $5 Monthly Charge For AI Alexa – Report
“Desperate attempt” to monetise service. AI upgrade of Amazon's Alexa voice assistant will entail a monthly $5 or even $10 fee
Apple Drops ‘Buy Now, Pay Later’ Service
Apple sunsets its buy now, pay later service known as 'Apple Pay Later', and will rely on established third-party players
Tencent To Ban AI Avatars From Livestream Commerce
Chinese tech giant Tencent to ban AI hosts from livestream video platform as it looks to stem flow of low-quality content
Japan Passes Law To Allow Third Party App Stores, Payments
Copy of EU's DMA? Japan passes law that will require Apple and Google to open up their respective ecosystems
UK Retailers Sue Amazon For £1bn Claiming Data Misuse
Independent retailers sue Amazon for £1bn in biggest-ever UK retail case alleging company misused their data to launch rival products
Amazon’s First Trade Union Seeks Association With Largest US Union
The Amazon Labor Union has moved to affiliation with the Teamsters union - one of the largest unions in America
Amazon Given FAA Clearance To Expand Drone Deliveries
US aviation regulator grants approval for Amazon to expand its drone delivery service beyond 'visual line of sight'
Google Invests $350m In India’s Flipkart
Google becomes minority shareholder in Walmart-owned Amazon competitor Flipkart as it progresses investment plans in India
Amazon To Refresh Alexa With AI, Charge Monthly Subscription – Report
Alexa voice assistant to be upgraded with AI capabilities, and users charged a monthly fee not included in Prime, report states
Business Intelligence: Next-Generation Data Analytics
Explore how cutting-edge technologies are reshaping decision-making, driving innovation, and propelling businesses into the data-driven era. Discover how advanced technologies like AI and machine learning reshape decision-making and dr ...
Shein Subject To Most Stringent EU Digital Rules
Quick-growing fast-fashion company Shein must comply with most stringent level of EU digital rules after it passes key threshold
Google Begins Removal Of California News Ahead Of Proposed Law
Consequences of Assembly Bill 886. Google begins removing California news websites from some search results
Canada To Implement Digital Services Tax This Year
Introduction of digital services tax on tech firms will begin in 2024 Canadian government confirms, amid delay to global agreement
EU Opens Investigation Into Apple, Google, Meta
EU launches probe into Apple, Google and Meta's competition practices under new DMA rules as pressure mounts on tech giants
Amazon Challenges £28m French Fine Over Worker Monitoring
Amazon challenges 32m euro fine from France's data protection agency over 'excessive' monitoring of warehouse staff
Expedia To Cut 8 Percent Of Workforce
After replacing its CEO earlier this month, Expedia confirms it will axe 1,500 jobs, or 8 percent of its workforce
China’s JD.com Considers Bid For UK Retailer Currys
Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers offer
The State of M-Commerce 2024
Exploring the evolving landscape of mobile commerce in 2024: From emerging trends to technological advancements, understand the current state of M-Commerce and its profound impact on consumer behaviour, business strategies, and the fut ...