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Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
Trump’s more than 3,700 trades astonish Wall Street insiderPresident Trump's latest financial disclosures reveal over 3,700 trades totaling tens of millions of dollars in the first quarter. These tr...
Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the mostQuote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
Alphabet investors push for safeguards on use of its cloud, AI techInvestors are demanding answers from Alphabet regarding its technology and cloud services used by governments for surveillance. A group man...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasionMilan prosecutors are pushing for a trial against Amazon's European arm and four executives. This follows allegations of tax evasion amount...
Italy antitrust cuts Amazon record fine to $878 millionItaly's antitrust authority said on Monday it had reduced a record fine imposed on US ecommerce giant Amazon to 752.4 million euros ($878....
ED offers Flipkart to close FEMA violation case by paying penalty, admitting mistakeThe Enforcement Directorate (ED) has reportedly offered e-commerce firm Flipkart a chance to close a FEMA violation case by admitting fault...
Italian court cuts $1 billion antitrust fine on AmazonAn Italian court cut Amazon’s 2021 antitrust fine from €1.13 billion to about €750 million, citing insufficient justification for a 50% sur...
ED conducts searches on Amazon, Flipkart sellers in FEMA probeA person in the know said the searches have stemmed from the CCI’s probe on online marketplaces, which found that both Amazon and Flipkart ...
Amazon again cited by US regulators over worker safetyThe US Department of Labor's Occupational Safety and Health Administration (OSHA) on Thursday said workers at the Logan Township, New Jerse...
Google accuses CCI of protecting Amazon in Android probeGoogle has told the Supreme Court that the Competition Commission of India relied on “unreliable and uncorroborated” statements from Amazon...
France fines Amazon over contracts with third-party sellersIn a statement, the competition, consumer and anti-fraud office (DGCCRF) said it had already ordered the company to correct "a significant ...
Amazon moves NCLAT against CCI order suspending deal with FutureThe US ecommerce retailer also filed a special leave petition (SLP) in the Supreme Court against the Delhi court decision that stayed proce...
CCI suspends Amazon's 2019 deal with Future; Rs 200 cr penalty imposed on AmazonIndia's antitrust body on Friday suspended Amazon.com's 2019 deal with Future Group following a review of allegations that the U.S. e-comme...
French watchdog fines Google 100 million euros for breaching cookies rulesThe regulator found the French websites of Google and Amazon didn't seek the prior consent of visitors before advertising cookies were save...
'Amazon India probing data breach charge'Amazon is investigating allegations that some employees in India and the US are sharing internal company data with merchants, according to ...