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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
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China Firm Launches AI "Life Assistant" That Can Order Food, Hail Taxis
The fintech firm backed by Chinese e-commerce giant Alibaba has made a foray into products powered by artificial intelligence after announcing a "life assistant" mobile app.
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Amazon Fire TV Devices to Get AI-Powered Search Feature for Personalised Content Recommendations
Amazon Fire TV devices are getting an artificial intelligence (AI)-powered feature upgrade that will make it easier for users to discover new shows and movies. The e-commerce giant is integrating its in-house AI model to power its search feature. The company says it will allow users to search for content based on genre, plot, and more.
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Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
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No Poll Day Offs For Flipkart, BigBasket Delivery Agents, Complaint Filed
A complaint has been filed against e-commerce major Flipkart and Tata Group firm BigBasket for allegedly making delivery boys work on the day of voting on April 19 in the state.
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Sugar Left A Sour Taste? Why Bournvita Lost 'Health Drink' Tag
Nearly a year after an influencer raised concerns about the high sugar content in Bournvita, the Centre has asked e-commerce firms to remove the brand and all other drinks and beverages from the 'health drink' category.
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Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
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Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
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Gang Used E-Commerce Firm's Packets To Supply Drugs In Greater Noida, Arrested: Cops
With the arrest of four people, police on Tuesday claimed to have busted a gang involved in drug trafficking in Greater Noida.
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Amazon Passkey Support Rolling Out on Web Browser, Mobile Apps: Here’s How to Set Up the Feature
Amazon announced that it is rolling out passkey support on Web browsers and its mobile apps to help customers securely sign in to their Amazon accounts. The e-commerce giant follows several other tech firms in bringing passkeys to its apps in recent times. WhatsApp, Google and Microsoft Windows have all added passkey support for their products this...
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Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India
Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.
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Flipkart Big Billion Days Sale 2023 to bring discounts on Phones from Samsung, Motorola, Xiaomi, Vivo, More
Flipkart Big Billion Days Sale 2023 is usually aligned with rival Amazon's Great Indian Festival Sale and the Walmart-owned e-commerce platform has begun teasing various deals and discounts on smartphones. The platform has already announced the names some of the smartphones that will be available for purchase at discounted rates during the upcomin...
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Meesho Delisted 52 Lakh Counterfeit, Restricted Products in Past 6 Months: Details
SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing product listings and 10 lakh restricted products in the past six months, the company said on Wednesday.
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
-
China Firm Launches AI "Life Assistant" That Can Order Food, Hail Taxis
The fintech firm backed by Chinese e-commerce giant Alibaba has made a foray into products powered by artificial intelligence after announcing a "life assistant" mobile app.
-
Amazon Fire TV Devices to Get AI-Powered Search Feature for Personalised Content Recommendations
Amazon Fire TV devices are getting an artificial intelligence (AI)-powered feature upgrade that will make it easier for users to discover new shows and movies. The e-commerce giant is integrating its in-house AI model to power its search feature. The company says it will allow users to search for content based on genre, plot, and more.
-
Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
-
No Poll Day Offs For Flipkart, BigBasket Delivery Agents, Complaint Filed
A complaint has been filed against e-commerce major Flipkart and Tata Group firm BigBasket for allegedly making delivery boys work on the day of voting on April 19 in the state.
-
Sugar Left A Sour Taste? Why Bournvita Lost 'Health Drink' Tag
Nearly a year after an influencer raised concerns about the high sugar content in Bournvita, the Centre has asked e-commerce firms to remove the brand and all other drinks and beverages from the 'health drink' category.
-
Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
-
Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
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Gang Used E-Commerce Firm's Packets To Supply Drugs In Greater Noida, Arrested: Cops
With the arrest of four people, police on Tuesday claimed to have busted a gang involved in drug trafficking in Greater Noida.
-
Amazon Passkey Support Rolling Out on Web Browser, Mobile Apps: Here’s How to Set Up the Feature
Amazon announced that it is rolling out passkey support on Web browsers and its mobile apps to help customers securely sign in to their Amazon accounts. The e-commerce giant follows several other tech firms in bringing passkeys to its apps in recent times. WhatsApp, Google and Microsoft Windows have all added passkey support for their products this...
-
Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India
Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.
-
Flipkart Big Billion Days Sale 2023 to bring discounts on Phones from Samsung, Motorola, Xiaomi, Vivo, More
Flipkart Big Billion Days Sale 2023 is usually aligned with rival Amazon's Great Indian Festival Sale and the Walmart-owned e-commerce platform has begun teasing various deals and discounts on smartphones. The platform has already announced the names some of the smartphones that will be available for purchase at discounted rates during the upcomin...
-
Meesho Delisted 52 Lakh Counterfeit, Restricted Products in Past 6 Months: Details
SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing product listings and 10 lakh restricted products in the past six months, the company said on Wednesday.
