Amazon News

Daimler Truck Faces 12% Sales Drop in 2024 Amid Electric Vehicle Growth

Daimler Truck AG reports a 12% sales decline in 2024, with 460,409 units sold. Despite this, electric vehicle sales rose by 17%. Regional sales varied, with notable decreases in As...

Nvidia's Cutting-Edge AI Chips Hit by Overheating and Glitches, Delaying Tech Giants' Data Center Plans

Nvidia's latest AI chips, Blackwell, are causing delays in data center setups due to overheating and glitches, affecting major tech companies like Microsoft, Amazon, Google, and Me...

Tech Titans Unite: Google Joins Forces with Meta, Amazon, and Others in $1M Donation to Trump's Inaugural Fund

Google has joined other tech giants in donating $1 million to President-elect Donald Trump's 2025 inauguration fund, alongside providing a YouTube livestream and homepage link for ...

Italian Authorities Conduct Raids on Amazon and Courier Companies in Tax and Labor Fraud Investigation

Italian tax police searched nine courier companies in a probe into alleged false invoices benefiting Amazon, SDA, and GLS. Turin prosecutors are investigating tax fraud and illegal...

Takealot's Bold Strategy: Targeting South Africa's Townships to Compete with Global E-commerce Giants

Takealot, South Africa's top e-commerce retailer, is hiring personal shoppers to penetrate townships and rural areas, aiming to counter global rivals like Amazon and Chinese fast-f...

US Stocks Rally in Premarket on Robust Corporate Earnings

US stocks gained in premarket trading on Friday following strong corporate earnings, with the Dow rising 100 points and tech stocks leading the charge. Costco and Broadcom reported...

Samsung Claims Unlawful Detention and Data Seizure by Indian Antitrust Body

Samsung accuses India's CCI of unlawfully detaining employees and seizing data during a raid related to an antitrust investigation involving Amazon and Flipkart. The company seeks ...