The fake goods crisis cuts two ways. Luxury brands lose more than $30 billion a year to counterfeits, while buyers in the booming $210 billion second-hand market have no reliable way to verify that what they’re purchasing is genuine. Veritas want…
The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.
For years, Tether’s CEO avoided the United States, watching from offshore as regulators circled and prosecutors investigated. Those days are over.
New Delhi’s latest move comes as Amazon, Google, and Microsoft expand data center investments in India.
Once symbolic of a mid-2010s San Francisco tech bro, Allbirds is cutting costs to “support the long-term health of the business.”
Shadowfax shares fell about 9% on theirdebut, valuing the logistics firm near its last private valuation.
The lawsuit, filed in 2023, alleged that Amazon caused “substantial unjustified monetary losses” for consumers who returned an item but were still charged for it.
These retail closures will not impact customers who use Amazon for grocery delivery.
Google DeepMind CEO Demis Hassabis says the tech giant isn’t pressuring him to insert ads into the AI chatbot experience.
Deepinder Goyal will remain on Eternal’s board as its vice chairman.