Online retailer Zulily is shutting down, laying off hundreds of workers
The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed.
Read More
ecommerce
Crypto ’23: What a wild year, marred by fraud and scandal, but bitcoin bulls dig in
The cast of “Crypto 2023” starred figures that are now practically synonymous with fraud: Sam Bankman-Fried, Changpeng Zhao, Alex Mashinsky, and, less prominently, Heather “Razzlekhan” Morgan and Ilya Lichtenstein (aka ‘Bitcoin Bonnie and Clyde’). Despite all the bad press, the young industry notched some notable wins.
Read More
MacRumors: Apple rivals unite to promote open ecosystems using EU law
Google, Meta, Qualcomm, Nothing, Lenovo, Opera and several other tech companies have announced a collaborative effort to push for “open digital ecosystems” in what appears to be a pointed move against Apple.
Read More
MacRumors: Apple ending Apple Card partnership with Goldman Sachs
Apple is ending its credit card partnership with Goldman Sachs, according to The Wall Street Journal. Apple plans to stop working with Goldman Sachs in the next 12 to 15 months, and it is not yet clear if Apple has established a new partnership for the Apple Card.
Read More
Venmo unveils group feature to help users track, manage, settle expenses
Venmo wants to eliminate the financial mental math of splitting roommate bills, lunch checks and road trip costs. Here’s it’s new feature.
Read More
MacRumors: U.S. regulators want more control oversight into Apple Pay
The United States Consumer Financial Protection Bureau on Tuesday proposed new oversight requirements for technology companies like Apple that offer digital wallets and payment apps.
Read More
Bezos engineered Amazon shift toward irrelevant ads, newly unredacted FTC lawsuit alleges
Amazon founder Jeff Bezos personally directed a monumental shift in the company’s e-commerce business to embrace online advertising, according to a newly unredacted version of an antitrust lawsuit filed this fall by the Federal Trade Commission and 17 states.
Read More
Amazon’s Street-beating comeback: Revenue jumps 13%, continuing rebound
The e-commerce giant on Thursday reported revenue of $143.1 billion for the quarter ending in September, marking a 13% increase from the same period last year and beating analysts’ estimates.
Read More
MacRumors: Amazon adds support for passkeys, allowing for more secure logins
Amazon on Monday announced that it has added passkey support to its desktop sites and mobile apps, allowing customers to sign in to their accounts without the need for a password.
Read More
