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AMAZON UNPROFITABLE BUSINESS
Amazon set to release long-delayed Alexa generative AI revampOnce released, it would mark the most significant upgrade to the product since its initial introduction accelerated a wave of digital assis...06 Feb, 2025, 07.31 AM IST- Amazon and Samara Capital pump more money into More Retail to expand grocery businessAmazon and Samara Capital are investing heavily in More Retail, infusing over Rs 387 crore last fiscal. The company aims to reduce losses b...27 Sep, 2024, 02.06 AM IST
- Amazon laying off hundreds in Prime Video, Studios in latest cutsThe staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed on Wednesday and in most other regions by the ...11 Jan, 2024, 11.57 AM IST
- Amazon's Twitch to lay off 35% of workforce: reportTwitch CEO Dan Clancy said in December that the company would shut down operations in South Korea in February this year, due to high operat...10 Jan, 2024, 08.20 AM IST
- Price war: Amazon excludes rival Temu from competitive price checksAmazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive...14 Jun, 2023, 10.57 AM IST
- Amazon planning standalone app for sports content: reportAmazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with dire...28 Dec, 2022, 08.19 PM IST
- Amazon reviewing unprofitable business units; may cut jobs: reportFollowing a months-long review, Amazon has told employees in some unprofitable units to look for jobs elsewhere in the company, while movin...11 Nov, 2022, 04.34 PM IST
- Amazon reviewing unprofitable business units to cut costsShares jump 13.5% to $97.81, touching its highest level since the start of the month10 Nov, 2022, 10.11 PM IST
- Jeff Bezos and Mukesh Ambani are heading for Round 2 of their retail boutMukesh Ambani is expected to vie for broadcast and streaming rights of the Indian Premier League via his flagship Reliance Industries Ltd.,...22 Apr, 2022, 05.43 PM IST
- Uber is a bellwether for all the wrong reasonsPeople have been saying for a while that this IPO could determine the direction of Silicon Valley for years to come. It could determine muc...14 May, 2019, 10.01 AM IST
- Uber revenue slows as quarterly loss surges to $1.1 billionUber Technologies Inc. lost $1.07 billion in the quarter ended Sept. 30, an improvement over a year ago, but the loss widened 20 percent fr...15 Nov, 2018, 11.10 AM IST
- View: Walmart should become India’s battering ram to crack the Chinese marketWalmart has a huge, flourishing business in China. It can source billions of dollars’ worth of Indian manufactures for sale in its Chinese ...23 May, 2018, 06.23 AM IST
- Amazon’s HQ2 deadline is here. Now the real competition beginsA Moody’s report chose Austin as the top contender for HQ2, pointing to its low cost of living, high quality of life and the “business-frie...20 Oct, 2017, 01.01 AM IST
- Demonetisation blocks the last mile for logistics startups"All companies working on an employee outsourcing model took a hit. Between November and February, there was a 4045% drop in volumes from e...21 Feb, 2017, 08.00 AM IST
- 3 fiercest rivalries in tech companies: Ecommerce, ride-hailing, and space raceWhether it's fighting over a rocket launch or who is going to win the online video space, tech cos do a great job of disrupting traditional...03 Mar, 2016, 11.39 AM IST
- New revenue figures show $50 billion Uber is losing a lot of moneyIn the first and second quarters of 2014, the documents show Uber generating about $102 million, nearly as much as the entire year prior.06 Aug, 2015, 12.22 PM IST
- Net neutrality: Unfettered access to the internet is the keyIn December 2014, to plug its sms revenue loss, Airtel tried to block access to WhatsApp and force its customers to buy a special WhatsApp ...15 Apr, 2015, 11.45 AM IST
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