November 21, 2024
Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
European regulators are reportedly set to investigate whether Amazon’s marketplace favors its branded products. The European Union (EU) investigation is “likely” to come next year, Reuters reported Thursday (Nov. 21),...
November 21, 2024
Amazon vs Walmart Holiday Battle May Come Down to Loyalty...
As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product...
November 21, 2024
US Bank and One Inc Team to Accelerate Instant Insurance...
Insurance industry payments network One Inc has launched a partnership with U.S. Bank. The collaboration, announced Thursday (Nov. 21), integrates U.S. Bank’s money movement and banking capabilities with One Inc’s ClaimsPay...
November 21, 2024
Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops
Instacart’s CEO is focusing on grocery partnerships amid investor skepticism. Fidji Simo discussed these efforts in an interview with Bloomberg’s The Circuit With Emily Chang, set to air Thursday (Nov. 21) evening. Since becoming...
November 21, 2024
European Regulators Target Amazon’s Marketplace Practices
Amazon could soon find itself under the scrutiny of Europe’s antitrust regulators as an investigation is likely to be launched next year into whether the retail giant unfairly favors its...
November 21, 2024
Report: Temu Opens Online Marketplace to All US Sellers
Temu reportedly now allows any American brand or individual seller to join its online marketplace. The firm had been recruiting U.S. merchants for about six months but allowed them to...
November 21, 2024
Amazon Faces Legal Setback in Antitrust Lawsuit Over Pricing Practices
Amazon.com Inc. has hit a roadblock in its efforts to dismiss a proposed class action lawsuit accusing the company of engaging in anticompetitive practices. The lawsuit, brought by consumers, claims...
November 20, 2024
Apple Seeks Dismissal of DOJ Antitrust Case in Latest Big...
Apple is set to defend itself in court on Wednesday against a high-profile antitrust case brought by the U.S. Department of Justice (DOJ). The tech giant is accused of leveraging...
November 20, 2024
Wall Street Braces for Nvidia’s Trillion-Dollar Earnings Report
All eyes are on Nvidia as the AI juggernaut prepares to release what could be the most consequential tech earnings of 2024. Bloomberg reported that the chip giant’s stock could...
