Photo: Amazon
Amazon's One-Day Delivery Goal Hampered By Labor Shortage Due To COVID Pandemic
Amazon Inc's aim to make one-day delivery common for Prime members has been hindered by labor shortages, delaying the company's quest to entrench its e-commerce leadership and driving up prices ahead of the crucial Holiday season. During the fourth quarter, Amazon expects to spend an extra $4 billion on wages and related costs. Hiring warehouse employees and drivers have been difficult due to pandemic-related shortages.
Tags: Amazon, labor shortage, one day delivery, prime member
Courtesy: Reuters
Photo: Twitter
Blue Origin Set To Build 'Commercial Space Business Park'
Blue Origin, owned by Jeff Bezos unveiled plans to develop a commercial space station in the name of "Orbital Reef", collaborating with Boing, which will be used as a business park, opening new markets in space. The venture will be seen partnering with America's Private defence contractors Sierra Nevada Corp, and Arizona University. Notably, Blue Origin completed its first space tourism flight in July, sitting Bezos and three others.
Tags: Jeff Bezos, BLUE ORIGIN, Amazon, Space Station, private space station
Courtesy: Reuters
Photo: MediaName
Amazon's Live-Streaming E-Sports Network & Twitch Report Data Breach
Twitch, Amazon's live-streaming e-sports network, announced a data-breach on October 6 without releasing additional specifics. An unidentified hacker alleged to have leaked Twitch data, which included details of the company's source code, clients, and upcoming games. According to a source, the hacker's goal was to "foster more disruption and competition in the online video-streaming space." Approximately 125GB of data was exposed, including… read-more
Tags: Amazon, Twitch, Data Breach, e-sports platform
Courtesy: Reuters
Photo: The Guardian
Amazon, Google & Microsoft To Attend White House Conference On Quantum Technology
The Biden administration is organizing a conference on quantum technology on October 5, Amazon, Google, and Microsoft are likely to attend. The event will be hosted by White House Office of Science and Technology Policy and will focus on key applications of quantum computing. The administration of President Joe Biden is particularly concerned about the national-security implications of quantum technology, which offers the potential to quickly… read-more
Tags: Amazon, Google, White House, quantum technology
Courtesy: Deccan Herald
Photo: Business Standard
RIL Extends Deadline To Complete 'Future' Buyout
Reliance Retail Ventures Limited (RRVL) has officially extended its deadline by 6 months to figure out the nitty gritties of its ₹24,713 crore deal with Future Group. In August 2020, RRVL committed that it would buy out all retail and wholesale business, and the logistics and warehousing business in due time before September 2021. However, due to the future group's ongoing case with Amazon, the deadline has been pushed to March 2022.
Tags: Amazon, Future group., Reliance India, RIL
Courtesy: Livemint
Photo: Dazeinfo
Elon Musk, Jeff Bezos In Talks With India To Offer Satellite-Based High-Speed Broadband Internet
Amazon's Jeff Bezos and Starlink's Elon Musk are in separate talks with India’s Department of Telecom and Department of Space to allow them to start satellite-based internet connectivity services. Musk's Starlink has appointed Sanjay Bhargava as India's director. They are set to give Sunil Mittal and Mukesh Ambani tough competition. Besides, Musk also tweeted, ''Just figuring out the regulatory approval process.'' Elon Musk, Jeff Bezos Plans… read-more
Tags: Elon Musk, Jeff Bezos, Starlink, Amazon, Internet Service Providers
Courtesy: The Times of India
Photo: Everything Xiaomi
Xiaomi 11 Lite 5G NE Launched In India; Know Price, Features & More
Chinese smartphone brand Xiaomi launched its 'Xiaomi 11 Lite 5G NE' in India on September 29. The phone comes with a 64-megapixel front and 20-megapixel selfie camera, a 6.55-inch full-HD+ display, a 33W charger to power a 4,250 mAh battery. It's powered by Snapdragon 778G SoC and runs on Android 11. The price for the base variant of the phone, 8G RAM + 128GB storage, starts from 26,999.
Tags: Xiaomi 11 Lite 5G NE, Amazon, New Mobile, Snapdragon 778G
Courtesy: NDTV Gadgets 360
Photo: The Indian Express
IIMA's Placement Drive Of PGPX Concludes, All 137 Students Placed
As per the final placement report of IIM Ahmedabad on September 27, all 137 students from the one-year full-time Postgraduate Programme in Management for Executives (PGMX) have successfully been placed. Around 120 firms from across the sectors participated in the placement and IT firms were the largest recruiters. The roles offered varied from CEOs to Heads of departments. The top recruiters for 2021 are Google, Microsoft, Amazon, MIT Group… read-more
Tags: IIM, Amazon, Campus placement, Microsoft, IIM A
Courtesy: NDTV
Photo: The Vocal News Logo
Amazon's 'Great Indian Festival Sale' Starts From October 4
Amazon announced that the Great Indian Festival sale will start on October 4 till November. The company also shook hand with HDFC Bank to offer a 10% discount using the bank's debit or credit cards. Reportedly, over 1,000 new products from brands like Apple, Asus, Fossil, HP, and Samsung are expected to be launched during this festival. Besides, Flipkart's Big Billion Day sale will start on October 7.
Tags: Great Indian Festival, Amazon, Flipkart, HDFC, Big Billion Day, sale
Courtesy: NDTV Gadgets 360
Photo: Consumer Affairs
Amazon Accused Of Bribing Govt Officials; Govt Claims 'Zero Tolerance Towards Corruption'
Amazon is under scrutiny for its legal representatives allegedly bribing Indian government officials on September 21. The government questioned Amazon for spending over Rs. 8500 crores in "legal fees" since 2019. The government also defended its stand through a "zero-tolerance policy" towards corruption. Modi government accused "Whole system working on bribes, which is not the best business practice". Amazon has reportedly launched an… read-more
Tags: Amazon, Goverment, Bribery, Probe, corruption
Courtesy: NDTV
