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E-commerce Giants Rally Behind Anti-Fake Review Policy

E-commerce Giants Rally Behind Anti-Fake Review Policy

As per the Times of India, the number of consumer complaints about e-commerce platforms skyrocketed from 95,270 in 2018 to a staggering 4,44,034 in 2023. According to the survey conducted by LocalCircles, approximately 56% of online shoppers mentioned that the reviews and ratings on various e-commerce apps and websites are positively biased. The survey also…

Is Ecommerce Limitless Artificial Intelligence Legit?

Is Ecommerce Limitless Artificial Intelligence Legit?

In this day and age, where everything is achievable through technology, making money is something that you have to do on your own. But what if we tell you that you don’t have to do anything and can earn up to $1000 daily? Sounds too good to be true? Well, it’s possible, by using the…

Flipkart Business Model: How Does the Company Work?

Flipkart Business Model: How Does the Company Work?

Who does not know about Flipkart? One of the biggest e-commerce companies in the world, Flipkart has become a go-to option for shopping after Amazon. Founded by two colleagues cum friends, Sachin Bansal and Binny Bansal, Flipkart has emerged as a trailblazer in the e-commerce industry. Flipkart business model was designed to transform the way…

Asian Nations In Generative AI Race Amid U.S. Dominance

Asian Nations In Generative AI Race Amid U.S. Dominance

The race for generative AI has started, and nations worldwide are trying their best to keep up with the big dogs. The United States of America is the biggest player in this race, all thanks to its giant tech companies like OpenAI, Google, Amazon, and Microsoft. These companies have ample funds and talent to tap…

Asian Market Digest & Financial Pulse 

Asian Market Digest & Financial Pulse 

Twitch Shuts Its Services In South Korea Amazon’s global streaming platform Twitch has shut down its services in South Korea. The reason for this decision is the high operating costs in South Korea. The CEO of Twitch, Dan Clancy, said that the company has been operating in South Korea at a loss, and it is…

Telcos’ 25% Hike in SMS Tariffs: A Short-Sighted Move Hurting Global Firms

Telcos’ 25% Hike in SMS Tariffs: A Short-Sighted Move Hurting Global Firms

In a surprising move, telecommunications companies have recently announced a 25% increase in SMS tariffs for global giants like Amazon and Meta. This decision has sent shockwaves through the business community, raising concerns about the long-term implications for both the telecom industry and these multinational corporations. While telcos argue that the tariff hike is necessary…

NOKIA Logo Changes For The First Time In 60 Years 

NOKIA Logo Changes For The First Time In 60 Years 

The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…

Google India Fires Hundreds Of Employees: CEO Writes

Google India Fires Hundreds Of Employees: CEO Writes

Tech giant Google reportedly terminated 453 employees across various departments in India late at night on Thursday. The employees were informed about the termination via mail that Country Head and Vice President Sanjay Gupta sent.  Last month Alphabet Inc, the parent company of Google, announced that it would bring 12,000 employees or 6 per cent…

Amazon, Flipkart Get Notice For Selling Unlicensed Drugs

Amazon, Flipkart Get Notice For Selling Unlicensed Drugs

Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…

Microsoft & Amazon To Cut-Off Combined 25,000 Jobs

Microsoft & Amazon To Cut-Off Combined 25,000 Jobs

On Wednesday, Microsoft (a tech giant) announced the layoffs of its 10,000 employees which covers 5% of its workforce. This decision of Microsoft comes after the fresh round of Amazon’s layoffs which includes 18,000 job cuts. After the pandemic, the tech industry went through difficult times that resulted in massive layoffs in companies like Meta,…

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