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Anthropic, the OpenAI competitor sponsored by Amazon, unveiled Claude 4, its most potent set of AI models to date, on 22 May. According to the business, the two models—Claude Opus 4 and Claude Sonnet 4—are setting a "new standard" for AI agents since they can compose
One hundred workers in Amazon's Devices and Services group have reportedly been let go. According to the corporation, the jobs were a part of its routine business assessment and only made up a small portion of the unit's total. Popular hardware products, including Fire TV devices,
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India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country's economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set
The deal represents a resurgence of the two companies' relationship over six years after FedEx declared it would not extend its domestic delivery contracts with Amazon for Ground and Express. FedEx stated at the time that it wished to concentrate on the larger e-commerce industry. Although e-commerce is still
UPS announced on April 29 that it would eliminate 20,000 positions this year, or around 4% of its global workforce. However, UPS clarified that the decision has nothing to do with tariffs and is instead the result of a previously declared goal to reduce its Amazon business and increase
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In recent years, Amazon has become a household name, whether it’s because of its unlimited options for selection, custom-made services, cheaper prices, customer services, or good quality search tool that helps in finding items of one’s choice. Amazon is a US-based multinational e-commerce company that focuses on e-commerce,
Thousands of inferior products were seized during a series of raids on Amazon and Flipkart warehouses on 27 March by the Bureau of Indian Standards' (BIS) Delhi division. The operation, which lasted more than 15 hours, was conducted at a Flipkart subsidiary warehouse in Trinagar and Amazon's
At a recent internal town hall meeting, Amazon CEO Andy Jassy highlighted a major change in the company's promotion strategy, stressing that growing big teams will no longer be the route to promotion at the e-commerce behemoth. Jassy informed staff that Amazon is actively altering its perspective on
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Naturally, one of the world's largest and most influential firms would prefer to sweep any rare mistakes and misfires under the rug and claim they never occurred. Amazon originally started when founder Jeff Bezos began selling ebooks from his basement in Washington. It is presently the world'
By early 2025, Amazon plans to let off 14,000 administrative staff members as part of a comprehensive restructuring strategy meant to boost productivity and cut expenses. It is anticipated that Amazon will save between $2.1 billion and $3.6 billion a year as a result of the decision,
E-commerce giant Amazon has begun implementing its 10-minute delivery service, Amazon Now, in a few Bengaluru pincodes, weeks after testing it internally with staff members. According to a media report, which cited people with knowledge of the situation, the corporation plans to extend its rapid commerce services into further regions
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February is often termed the month of love for obvious reasons, and that is Valentine’s Day. Honestly, Valentine’s Day is not less than a festival in the world; people buy gifts for their significant other and profess their love and care to them with those gifts. Every year,
The completion of community development projects in Hyderabad's Meerkhanpet, Kandukur Mandal, which is a part of the Rangareddy district, was announced by Amazon Web Services (AWS) India. The local community received the freshly rebuilt facilities for a health sub-centre and self-help group (SHG) resource centre, a public park,
By selling a nearly 4% share in the retail chain for INR 275.88 Cr in a block deal, e-commerce giant Amazon has left Shoppers Stop. According to NSE statistics, on December 18, Amazon.com NV Investment Holdings sold 43.95 lakh Shoppers Stop shares for INR 627.6 each.
Amazon promises to provide daily necessities in 15 minutes or less as it makes a daring entry into India's expanding rapid commerce business. Later this month, the test programme will launch in Bengaluru, bringing competition to a market already dominated by Swiggy Instamart, Zepto, and Blinkit. Samir Kumar,
In an attempt to join the rapidly growing industry, which saw gross sales of over $5.5–6 billion this month, headed by Blinkit, Zepto, and Swiggy Instamart, Amazon India is rushing to deploy its quick commerce delivery service, codenamed Tez, by late December or early next year, according to
A few sellers on Amazon and Walmart-owned Flipkart had their premises raided by the Enforcement Directorate (ED) on 7 November 2024 on suspicion of breaking the Prevention of Money Laundering Act (PMLA) and foreign investment standards. 19 locations in New Delhi, Gurugram, Panchkula, Hyderabad, and Bengaluru were searched, according to
On November 7, 2024, Amazon.in announced the opening of Creator Central, a comprehensive platform aimed at empowering content creators, in India. By providing user-friendly workflows and a dedicated shopfront, Creator Central simplifies the content development process and frees up creators to concentrate on their artistic vision rather than intricate
According to court documents viewed by a media house, three online vendors who operate on Flipkart, owned by Walmart, have filed a lawsuit against the Indian antitrust watchdog following an inquiry that discovered violations of competition regulations by both Flipkart and competitor Amazon. According to a media report, antitrust investigations
According to court documents, Appario Retail, the former biggest seller on Amazon India, in which the e-tailer had a shareholding, has filed a lawsuit in the Karnataka High Court against the Competition Commission of India (CCI). Based on an antitrust regulator's findings, the Bengaluru-based company has petitioned the
The online retailer Amazon has revealed an increase in its normal commission earning rates for select categories within its network of over 50,000 influencers ahead of the festive sale. According to its site, for active creators who collaborate with Amazon, the updated commission structure offers influencers a significant rise
According to a report published by a renowned media house, the Competition Commission of India has entered the final stage of its anti-trust lawsuit against Amazon and Flipkart. The regulator is seeking financial documents from the two e-commerce giants to determine the penalty. The specifics of the annual revenue will
The fashion store Myntra, which is owned by Flipkart, is supposedly testing a four-hour delivery service in four cities, including Bengaluru and New Delhi, according to various media reports. This represents a considerable departure from the platform's typical delivery period of two to three days, and it is