Amazon’s smart assistant Alexa makes daily tasks simpler and homes smarter. The voice assistant has been a part of Indian households for six years now. The company claims that the devices with Alexa (like Echo smart speakers or Fire TV Stick) have been purchased by customers from across 99% pin codes in India and have…
Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person.The disclosure comes after Amazon reported its best online sales growth since early in the pandemic, sending its shares…
Amazon.com founder Jeff Bezos will sell 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday.The securities is worth $8.6 billion at the current price of $172.13 a share. The sale plan was adopted on Nov. 8 last year and it will…
Flipkart announced that it will soon make same-day deliveries to select regions in India. A wide range of products will be eligible for this shipping option, the company confirmed. Although the firm has not set a specific date within which the service will be available to users in the country, it has provided a general…
AllianceBernstein has released a new report on India’s ecommerce market. According to the report, Walmart-owned Flipkart is leading India’s e-commerce segment with 48% market share. Softbank-backed Meesho has reportedly emerged as the fastest growing ecommerce platform in terms of user base in India. According to the report, Flipkart’s user base grew 21% year-on-year (YoY), Meesho…
US regulator to launch probe into Microsoft, Google and Amazon’s AI Investments. (Representational) Washington: A US antitrust regulator said it was launching an inquiry Thursday into investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic. “Our study will shed light on whether investments and partnerships pursued by dominant companies risk…
Swiggy, one of India’s leading food delivery platform, announced plans to cut nearly 400 jobs across various teams. According to a report by The Economic Times, this significant downsizing, representing roughly 6% of Swiggy‘s workforce in India. According to the report, the layoffs are expected to impact employees across technology teams, call centres and even…
OnePlus is all set to launch OnePlus 12 series of smartphone in India next week. The smartphone maker has already confirmed that it will launch the OnePlus 12 and OnePlus 12R in the country on January 23. Along with the two smartphones, the company will also launch the OnePlus Buds 3 true wireless earbuds. Now…
The Amazon Great Republic Day sale, which began January 13 for all customers, is offering deep discounts on a wide range of products. The sale was supposed to end on January 18, but was extended for another day. Today is the last day of the Amazon sale, so it’s the last chance to grab the…
In a bid to revolutionize its AI-powered voice assistant, Amazon is reportedly gearing up to launch a new subscription service called Alexa Plus. While the enhanced capabilities could promise a more personalized experience, there is a catch – users might have to pay for this premium service, report Business Insider. The anticipated launch date is…
