Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month
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Alibaba Will ‘Strive’ To Maintain New York Listing
Alibaba says it will 'strive' to maintain its New York Stock Exchange listing after SEC adds it to list of Chinese companies facing delisting
SEC Says Alibaba Could Be Delisted In New York
US financial regulator SEC says Chinese tech giant Alibaba at risk of delisting in New York over demand for compliance with US financial standards
Amazon Posts Second Straight Loss After Rivian Stake Writedown
Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of the value of its stake in Rivian
Amazon UK To Raise Cost Of Prime Service
Streaming costs rise. Monthly Amazon Prime subscription cost to increase to £8.99 per month, as delivery and labour costs rise
Amazon Begins Deliveries With Rivian Electric Vans
Customers in US will start to see Amazon deliver thier packages using its custom electric delivery vehicles from startup Rivian
Celsius Network Files For Bankruptcy Protection
Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure
Celsius ‘Deeply Insolvent’, US State Regulator Believes
Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and other creditors”
3 Essential E-Commerce Marketing Channels in 2022
There is no overestimating the importance of digital marketing. In 2022 this is one of the primary ways to grow your E-commerce business. Many different marketing channels can all play an important role in your marketing strategy. In t ...
Amazon Faces UK Investigation For Suspected Anti-competitive Practices
Another probe. Busy week for the UK's CMA after it confirms investigation of Amazon over “suspected anti-competitive practices”
TikTok ‘Halts E-Commerce Expansion Plans’
TikTok reportedly scraps plans to expand TikTok Shop livestream commerce in Europe and US after UK version finds 'nascent' adoption
Bitcoin Falls Below $19,000, But Recovers Slightly Friday
Ominous sign for crypto markets? The value of Bitcoin dropped over 6 percent to below the $19,000 mark on Thursday, but bounced back a bit on Friday
Taiwan Developing Own Digital Currency – Report
Central bank of Taiwan confirms it is still working on its digital currency, but has not revealed any timeframes as of yet
Airbnb Permanently Bans Parties, With Few Exceptions
Victory for irate neighbours? Airbnb confirms its temporary Covid ban on parties in its listings will now be permanent rule
Connected Commerce: Next Generation Omnichannel
The omnichannel has been a key driver for all businesses as they connect and integrate each of their customer-facing systems. As enterprises look towards their futures, how are next-generation omnichannel services being created and dep ...
Amazon Could Run Out of US Workers, Memo Reveals
Internal research at Amazon warns the e-commerce giant could run out of workers in the US in two years, due to exceptionally high turnover
Japan ‘Seeking Fines’ On Tech Giants Over Domestic Registration
Japanese government reportedly planning to fine noncompliant tech companies over local registration requirement, amidst global crackdown on tech giants
JD.com 618 Mega-Sale Sees Slowest Growth In Years
JD.com reports slowest growth in at least five years for 618 shopping extravaganza, as lockdowns and slowing economic conditions hit China spending
Amazon To Begin Drone Deliveries In Californian Town
Amazon to begin drone delivery of 'thousands' of items weighing under 5lb in Lockeford, California, nearly ten years after creating Prime Air division
Amazon’s Consumer Boss, Dave Clark, Steps Down
Changing the old guard. Dave Clark, Amazon's head of consumer business, is stepping down amid after surviving shareholder vote on compensation
Amazon Hits Out At US Congress Antitrust Bill
Online retail giant Amazon slams US antitrust bill for unfairly singling it out, while not targetting rival retailers such as Walmart and Target
Google Invests In India’s Mohalla Amidst Short Video boom
Google contributes to $300m funding round that values Mohalla Tech at nearly $5bn as social media company expects profitability in 16-18 months
Amazon Drivers Risk Increasing Number Of Injuries
Study shows that nearly one in five Amazon delivery drivers suffered injuries in 2021- again raising safty concerns about conditions for drivers
Airbnb To Pull Out Of China Amidst ‘Pandemic Challenges’
Airbnb to pull out of China as ongoing zero-Covid policy places severe restrictions on domestic and international travel, focus on Chinese outbound business
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
US VP Kamala Harris To Meet Amazon Labor Union At White House
Biden support for unionisation. Grassroots Amazon trade union, as well as other trade unions are to meet with the American vice president
Apple Store Union Vote To Take Place Next Month
First Apple store in the US is set to hold a vote on 2 June, over whether to join a trade union for the Atlanta retail outlet
Alibaba Shares Briefly Plunge After Report About ‘Ma’
Alibaba Hong Kong shares briefly drop after ambiguous state media report about individual named 'Ma', as government strives to calm investor jitters
Amazon Wins Hearing That Could Overturn Union Vote
US labour board to proceed with hearing that could invalidate historic pro-union result of last month's vote at Amazon Staten Island warehouse
Amazon Posts First Net Loss Since 2015, Amid Challenging Market
Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take their toll