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Amazon sues online influencers engaged in a counterfeit scheme

Amazon sues online influencers engaged in a counterfeit scheme Amazon on Thursday announced a lawsuit against over a dozen bad actors, including online influencers and other businesses, who attempted to evade Amazon’s anti-counterfeiting measures by promoting luxury counterfeit products on social media sites, like TikTok and Instagram, as well as on personal […]

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Daily Crunch: Venmo launches a credit card

Daily Crunch: Venmo launches a credit card Venmo’s first credit card is here, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5, 2020. The big story: Venmo launches a credit card PayPal -owned mobile payment app Venmo […]

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Amazon reportedly considering $2 billion stake in Indian telecom operator Bharti Airtel

Amazon reportedly considering billion stake in Indian telecom operator Bharti Airtel Amazon .com may follow its American peer Facebook’s footsteps in securing a slice of India’s booming telecom market. The e-commerce giant, which has invested over $6.5 billion in India, is in early-stage talks to buy a 5% stake worth at least […]

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Amazon’s third-party merchants are now barred from using FedEx Ground for Prime shipments

Amazon’s third-party merchants are now barred from using FedEx Ground for Prime shipments Third-party vendors were told by Amazon over the weekend that they are barred from using FedEx’s ground delivery services for Prime shipments. The Wall Street Journal reports that a message sent by Amazon to merchants on Sunday said the […]

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FedEx ends express delivery contract with Amazon

FedEx ends express delivery contract with Amazon FedEx will not renew a contract with Amazon to provide express delivery for the e-commerce giant’s packages in the United States. FedEx, which made the announcement Friday, said in a statement the change would not affect other existing contracts with Amazon or international services. Amazon […]

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Amazon finally supports Traditional Chinese books on Kindle

Amazon finally supports Traditional Chinese books on Kindle A long-awaited service for readers in Taiwan, Hong Kong, Macau and some other overseas Chinese communities have finally come true: Amazon has just started offering Traditional Chinese books for its Kindle E-reader. The release filled an obvious gap for Kindle, which debuted back in 2007 […]

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Amazon again slashes Whole Foods prices, doubles Prime member weekly deals

Amazon again slashes Whole Foods prices, doubles Prime member weekly deals Amazon-owned Whole Foods announced a third round of price cuts this morning that will see the grocer discounting hundreds of items, offering an average savings of 20 percent. Produce is an area of specific focus in this wave of price cuts, […]

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FTC brings its first case against fake paid reviews on Amazon

FTC brings its first case against fake paid reviews on Amazon The Federal Trade Commission announced on Tuesday evening that it has brought its first case against using fake reviews to sell products online. The Commission said it will settle with defendant Cure Encapsulations Inc., a New York City-based company, and owner […]

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Mayor Bill de Blasio says bringing Amazon HQ2 to New York City is “mission critical”

Mayor Bill de Blasio says bringing Amazon HQ2 to New York City is “mission critical” During a state legislature hearing today, New York City mayor Bill de Blasio said it is “mission critical” that Amazon build HQ2 in Long Island City. De Blasio’s remarks come a few days after a report that […]

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Amazon reverses tax-triggered block on US shop in Australia

Amazon reverses tax-triggered block on US shop in Australia Amazon has reversed a decision it made six months ago to shut off its US ecommerce site to Australian shoppers. Reuters reports that the U-turn comes after a customer backlash. Since July shoppers in Australia trying to browse stuff to buy on Amazon.com have been […]

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