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On hiring spree: Amazon to hire 800 tech engineers in latest expansion

On hiring spree: Amazon to hire 800 tech engineers in latest expansion

Amazon.com Inc. says it will hire an additional 800 engineers in Austin, Texas, the company’s first major U.S. office expansion since backing out of a corporate campus in New York.

In February, the online retailer abandoned plans for a campus in Queens, New York, amid opposition from local politicians and labor groups.

How to download YouTube, Amazon Prime Video, & Netflix shows in India

How to download YouTube, Amazon Prime Video, & Netflix shows in India

The way entertainment modes are changing with new avenues of content creation and its dissemination, people now enjoy their favourite shows in the form of short videos, web series etc.

Several platforms (OTT) have come up to cater to the entertainment demand in the backdrop of the internet boom.

Flipkart co-founder Binny Bansal, others put in $65 million in Amazon-backed Acko General Insurance

Flipkart co-founder Binny Bansal, others put in $65 million in Amazon-backed Acko General Insurance

Acko General Insurance has raised $65 million from Flipkart co-founder Binny Bansal, RPS Ventures led by Kabir Misra, ex-managing partner at SoftBank, and Intact Ventures. Existing investors such as Amazon, Accel, SAIF and TechPro Ventures have also participated in the Series C round, the firm said in a release on Wednesday. With this latest infusion, Acko has now attracted $107 million. Previously, Acko had raised $30 million in seed funding and later $12 million in a Series B round led by Amazon.

Google, Facebook, Netflix, Amazon foray Into banking seen as threat by RBC CEO

Google, Facebook, Netflix, Amazon foray Into banking seen as threat by RBC CEO

Royal Bank of Canada’s Dave McKay is feeling the bite of the FANGs.

The lender’s chief executive officer told investors on Tuesday that he’s increasingly worried about the so-called FANG companies — Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. — getting into banking. The companies are already inserting themselves between the bank and its customers as people increasingly turn to the technology giants when shopping for financial services, McKay said.

Amazon vs amazon.com: 8 countries battle tech giant for ownership of domain

Amazon vs amazon.com: 8 countries battle tech giant for ownership of domain

Brazil on Monday thanked the global body that oversees Internet addresses for extending until April a deadline for Amazon basin nations to reach a deal with Amazon.com Inc in their seven-year battle over the .amazon domain name.

The Internet Corporation for Assigned Names and Numbers (ICANN) meeting this week in Kobe, Japan, decided to put off a decision that was expected to favour use of the domain by the world's largest online retailer.

Reliance to boost Trends fashion stores, challenge Amazon and Flipkart

Reliance to boost Trends fashion stores, challenge Amazon and Flipkart

Reliance Industries Ltd plans to grow the number of low-cost Reliance Trends fashion stores across India to 2,500 from 557 over the next five years and integrate them with its online business, two people briefed on the plans said.

The expansion is the latest move by the conglomerate's billionaire owner Mukesh Ambani to grab a dominant share of Indian consumer spending in a struggle with rivals, particularly e-commerce giants Amazon.com Inc and Walmart Inc's Flipkart.

Amazon is closing 87 US pop-up electronics stores next month

Amazon is closing 87 US pop-up electronics stores next month

Amazon.com Inc. is ending its experiment with electronics-focused pop-up stores, shuttering 87 kiosks located inside shopping malls, Whole Foods Market locations and Kohl’s stores around the U.S.

“After much review, we came to the decision to discontinue our pop-up kiosk program,” an Amazon spokeswoman said.

Google, Amazon, Facebook, Apple dread this future French tax ‘GAFA’

Google, Amazon, Facebook, Apple dread this future French tax ‘GAFA’

Google, Amazon, Facebook and Apple – or “GAFA,” as they’re known in France – are easy to group together in the European imagination. They’re big, they’re American and they’ve tended to pay relatively little tax, thanks to legal loopholes and a business model that exists largely in the virtual world.

Frustrated governments have tried to use the courts and the hammer of EU regulators to squeeze more money out of the tech giants, but it hasn’t always worked.

Amazon plans new grocery-store business: report

Amazon plans new grocery-store business: report

Amazon.com Inc plans to open dozens of grocery stores across the United States as it looks to expand in the food business, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Amazon is also exploring a strategy of strengthening its new supermarket brand by purchasing regional grocery chains that operate at least a dozen stores, according to the report.

Project Zero: Amazon firms up plan to eliminate fake products on its site

Project Zero: Amazon firms up plan to eliminate fake products on its site

Amazon is taking a new initiative called Project Zero in a bid to get rid of counterfeit products on its website. Once approved, Project Zero will allow the brands to directly flag and delete fake listings themselves.

As per the current process, companies need to forward a request to Amazon if they spot fake versions of their products. The e-commerce company then evaluates the claims and removes the counterfeit product. The process is quite similar to the copyright takedown process of YouTube, a tech platform that often sees false or misleading content.

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