Morning Tidings

Tag: Ecommerce

  • Amazon Layoffs: E-Commerce Giant Cuts Jobs Amid Global Churning in Alexa Division, India Unit Impacted

    Amazon Layoffs: E-Commerce Giant Cuts Jobs Amid Global Churning in Alexa Division, India Unit Impacted

    New Delhi, November 18: Amazon has announced to lay off “several hundred employees” from its Alexa division, including in India, amid a renewed focus on artificial intelligence (AI). The number of employees being impacted by the decision in India could not be ascertained yet.

    The e-commerce giant will “communicate with impacted colleagues in India next week”. In a memo sent to employees, Daniel Rausch, vice president of Alexa and Fire TV team, said that the company is eliminating “several hundred roles”. Amazon Layoffs: E-Commerce Giant Laying Off Hundreds Employees in Alexa Division, India Team Impacted.

    “As we continue to invent, we’re shifting some of our efforts to better align with our business priorities, and what we know matters most to customers — which includes maximising our resources and efforts focused on generative AI,” he told employees in the memo. “These shifts are leading us to discontinue some initiatives, which is resulting in several hundred roles being eliminated,” Rausch added.

    He said that the company “will communicate with impacted colleagues in India next week, and are following local processes in other regions, which may include time for consultation with employee representative bodies, and possibly resulting in longer timelines to communicate”.

    Amazon did not provide further details on the initiatives being discontinued. The e-commerce giant had conducted layoffs in its Devices & Services division last year as part of company-wide cuts. Rausch said that the investments in generative AI are bringing “our vision for an even more intuitive, intelligent, and useful Alexa closer than ever before”. Amazon Layoffs Continue: E-Commerce Giant Lays Off ‘Just Over’ 180 Employees in Its Gaming Division, Shuts Down Crown Channel.

    “We will reach out to colleagues in the US and Canada who are impacted by these role reductions. Notification emails will be sent out shortly, and we expect all notifications in the .S and Canada to be completed this morning (Pacific time),” the memo further read. “To those of you impacted by these reductions, please know we did not make this decision lightly,” it added.

    The company is providing impacted employees packages that include a separation payment, transitional health insurance benefits, external job placement support, and paid time to conduct job search. Dave Limp, in charge of the Devices & Services division at Amazon, in August announced to leave the company. Former Microsoft executive Panos Panay has succeeded him.

    (The above story first appeared on Morning Tidings on Nov 18, 2023 11:28 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Amazon Layoffs: E-Commerce Giant Laying Off Hundreds Employees in Alexa Division, India Team Impacted

    Amazon Layoffs: E-Commerce Giant Laying Off Hundreds Employees in Alexa Division, India Team Impacted

    San Francisco/New Delhi, November 17: Amazon is laying off “several hundred employees” from its Alexa devision, including in India, amid a renewed focus on artificial intelligence (AI), the media reported on Friday. In a memo sent to employees and seen by GeekWire, Daniel Rausch, vice president of Alexa and Fire TV team, said that the company is eliminating “several hundred roles”. “As we continue to invent, we’re shifting some of our efforts to better align with our business priorities, and what we know matters most to customers — which includes maximising our resources and efforts focused on generative AI,” he told employees in the memo.

    “These shifts are leading us to discontinue some initiatives, which is resulting in several hundred roles being eliminated,” Rausch added. He said that the company “will communicate with impacted colleagues in India next week, and are following local processes in other regions, which may include time for consultation with employee representative bodies, and possibly resulting in longer timelines to communicate”. Amazon did not provide further details on the initiatives being discontinued, the report noted. Amazon Layoffs Continue: E-Commerce Giant Lays Off ‘Just Over’ 180 Employees in Its Gaming Division, Shuts Down Crown Channel

    The e-commerce giant had conducted layoffs in its Devices & Services division last year as part of company-wide cuts. Rausch said that the investments in generative AI are bringing “our vision for an even more intuitive, intelligent, and useful Alexa closer than ever before”. “We will reach out to colleagues in the US and Canada who are impacted by these role reductions. Notification emails will be sent out shortly, and we expect all notifications in the U.S. and Canada to be completed this morning (Pacific time),” the memo further read. Tech Layoffs Dampen Festivities; Google, Amazon, Snap and Others Announce Fresh Job Cuts

    “To those of you impacted by these reductions, please know we did not make this decision lightly,” it added. The company is providing impacted employees packages that include a separation payment, transitional health insurance benefits, external job placement support, and paid time to conduct job search. Dave Limp, in charge of the Devices & Services division at Amazon, in August announced to leave the company. Former Microsoft executive Panos Panay has succeeded him.

    (The above story first appeared on Morning Tidings on Nov 17, 2023 10:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Amazon Layoffs Continue: E-Commerce Giant Lays Off ‘Just Over’ 180 Employees in Its Gaming Division, Shuts Down Crown Channel

    Amazon Layoffs Continue: E-Commerce Giant Lays Off ‘Just Over’ 180 Employees in Its Gaming Division, Shuts Down Crown Channel

    San Francisco, November 14: Amazon is laying off over 180 employees in its games division, as the company shuts down its Crown channel that streams on Twitch, closes its Game Growth effort that helps game makers market their products, and “refocusing” the work it does with its free games offered through Prime Gaming. According to a memo sent to employees by VP of Amazon Games, Christoph Hartmann, and seen by The Verge, Amazon is getting rid of its gaming content channel amid larger games layoffs.

    “After further evaluation of our businesses, it became clear that we need to focus our resources and efforts to deliver great games to players now and in the future,” Hartmann wrote in the memo. In April this year, Amazon laid off more than 100 employees across its gaming divisions that include Prime Gaming, Game Growth and Amazon Games. According to Hartmann, after the initial restructuring in April, “it became clear that we needed to focus our resources even more on the areas that are growing with the highest potential to drive our business forward”. Amazon Layoffs Continue: E-Commerce Giant Lays Off More Employees From Amazon Music Team in Three Continents

    “With these changes in our business approach come changes to our resourcing, resulting in the elimination of just over 180 roles,” the Amazon executive informed. The company is working to ensure all impacted employees are given the support they need on an individual level, including severance pay, outplacement services, health insurance benefits and more. “I recognise that this is the second time this year that you are hearing about org-wide team changes and seeing colleagues go, so let me be very clear when I say this: I remain confident in our future,” Hartmann wrote. Amazon Layoffs: Nearly 2,000 Employees To Stage Walkout Against New Job Cuts, Return-to-Office Mandate

    “We are developing and publishing great games with high potential, our studio teams are growing, and our roadmap is bright,” the executive added. In March, Amazon announced to lay off another 9,000 employees in Amazon Web Services (AWS), Twitch, advertising, and HR. Amazon initially eliminated 18,000 positions in January.

    (The above story first appeared on Morning Tidings on Nov 14, 2023 10:32 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Festival Scam: Scammers Use ‘Diwali’ and ‘Pooja’ Domains To Scam Customers During Festive Seasons via E-Commerce Websites, Says Report

    Festival Scam: Scammers Use ‘Diwali’ and ‘Pooja’ Domains To Scam Customers During Festive Seasons via E-Commerce Websites, Says Report

    New Delhi, November 9: Cybersecurity researchers have discovered a sharp surge in malicious campaigns that use “Diwali” and “Pooja” domains to scam users this festive season via e-commerce websites, a new report warned on Thursday. The researchers from the cybersecurity company CloudSEK have witnessed phishing campaigns targeting recharge and e-commerce sectors attempting to damage the brands of reputed entities.

    They uncovered about 828 unique domains from the Facebook Ads Library that were being used for phishing campaigns. “This year, there has been a steep spike in the hosting of fake domains for online shopping scams. These scams can further escalate into financial frauds, where hackers can impersonate customer representatives from various organizations, exploiting the gullibility of innocent victims,” said Rishika Desai, lead cyber intelligence, CloudSEK. Omegle Shuts Down Its Operations After Massive Controversy of BBC Investigation in 2021 That Found Children Exposing Themselves to Strangers on Website.

    According to the report, these unique domains were formed by typosquatting techniques to bring legitimacy to less technologically advanced audiences. For instance, shop.com was impersonated as shoop.xyz with the same features and content as the original website.  A domain having keywords “Diwali” and “Pooja” were found to be hosted on a Hong Kong-based ASN by Megalayer Technologies. This domain was redirected to different Chinese betting pages.

    The website was created approximately a month ago and redirects to multiple gambling sites such as Bet 365, MGM, etc, the report said.  “Cybercriminals often exploit the increased internet traffic during Diwali to target unsuspecting users with malicious websites that mimic legitimate gambling platforms,” Desai said. WhatsApp New Feature Update: Meta-Owned App Adds New ‘Protect IP Address in Calls’ Feature To Let You Hide Your Location From Other Parties on Call.

    Moreover, the report mentioned that various malicious users on Facebook and other relevant social media channels were found to be misleading genuine users by asking them to register on unreliable cryptocurrency websites.  One such example is Bot Bro, which lures consumers to untrustworthy crypto platforms by providing free life insurance up to one crore and five TLC coins.  An e-commerce website selling jewellery registered on October 3, was found to be requesting users to download an application embedded with an Android Trojan. This website had the “Diwali” keyword in its domain name.

    (The above story first appeared on Morning Tidings on Nov 09, 2023 07:02 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Amazon Layoffs Continue: E-Commerce Giant Lays Off More Employees From Amazon Music Team in Three Continents

    Amazon Layoffs Continue: E-Commerce Giant Lays Off More Employees From Amazon Music Team in Three Continents

    Mumbai, November 9: Amazon reportedly announced to lay off its employees from Amazon Music in the latest round from three continents. According to reports, Amazon already laid off 18,000 employees from various departments last year, and earlier this year, the e-commerce giant laid off another 9,000 more. In total, the job cuts at Amazon have affected over 27,000 employees.

    Amid the Amazon layoff rounds, Amazon Music is the latest department to get affected. The reports say there has yet to be a confirmation about the total number of employees laid off from the department. The Amazon Music layoff has affected employees from 3 continents, so that the numbers could be higher. Omegle Website Shuts Down After 14 Years, Founder Leif K-Brooks Says ‘Don’t Want Heart Attack in My 30s’ in Statement on Closure of Online Video Chat Site.

    Amazon Music Layoffs on Wednesday:

    According to the reports, the Amazon Music staff in North America, Latin America, and Europe received notices about the layoffs. The reports further said that the job cuts announcement affected Amazon Music’s audio and editorial teams. The Amazon spokesperson told Bloomberg that the company has a close eye on the “organizational needs” and considers what matters the most for the customers and business. The company has reportedly eliminated the employees to fulfill these needs. Snapchat Parent Snap Lays Off Nearly 20 Employees From Its Product Team.

    According to the reports, the third quarter of the year comes with many “income-exceeding” opportunities like festivals, holiday shopping, and aligning with expectations. As per reports, Amazon CEO Andy Jassy commented on the layoffs and said the company decided to be more “streamlined” with its costs and number of employees. He noted that Amazon added a “significant amount of headcounts” following the economy and business. Now, he said, the situation is uncertain.

    (The above story first appeared on Morning Tidings on Nov 09, 2023 01:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Mobavenue Is Driving Consumers Online for E-Commerce Players for Fast Growth in India

    Mobavenue Is Driving Consumers Online for E-Commerce Players for Fast Growth in India

    Mumbai, December 20 : As India’s e-commerce industry is poised for tremendous growth, leading growth and tech platform Mobavenue is empowering brands, agencies and publishers with MadTech (MarTech and AdTech) solutions to drive acquisition, growth, engagement and monetisation, the company said on Tuesday. Amazon Closes Its Wholesale Distribution Business in India Days After Shutting Down Food Delivery Services.

    According to Kunal Kothari, Co-founder and Chief Growth Officer, Mobavenue Media Private Limited, the company is working towards the growth and marketing needs of global and local e-commerce players trying to differentiate themselves from the competition while adding to a quality customer base.

    India’s e-commerce industry which was approximately $22 billion in 2018 and $99 billion in 2022, is estimated to reach $350 billion by 2030, according to the data platform Statista.

    With its in-house proprietary solutions, the company is currently working with leading e-commerce players to increase active users and purchase rates, resulting in a higher Lifetime Value (LTV). “Our solutions are highly valued by our clients, as we are one of the top five partners for the leading Indian e-commerce players,” said Kothari. E-Commerce Revenue Plummets $250 Billion Globally in 2022: Report.

    “Our clients have experienced accelerated growth, first and foremost, through our tailored solutions, as Mobavenue handles bidding and purchasing ad space without needing client intervention and attention,” he added. According to him, traditional ad purchasing methods limit inventory because each publisher can only serve ads on their own site, whereas their solutions provide unlimited inventory.

    “After all, we have access to almost all premium websites. Third, we provide deep insights about the targeted audience, which can be used to improve marketing campaigns and generate better results,” Kothari added.

    With a team of industry professionals at Mobavenue, the company has a thorough understanding of the e-commerce industry and have consistently produced results, assisting clients in achieving scale and developing growth strategies. “Our platform serves as a managed service for brands by increasing active users through our proprietary machine learning and AI technology, boosting retention, raising user LTV, and building brand awareness,” said Kothari.

    (The above story first appeared on Morning Tidings on Dec 20, 2022 01:34 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • E-Commerce Revenue Plummets 0 Billion Globally in 2022: Report

    E-Commerce Revenue Plummets $250 Billion Globally in 2022: Report

    New Delhi, December 19 : After registering years of impressive growth, global e-commerce revenue sank $250 billion (year-over-year), falling from $3.84 trillion in 2021 to $3.59 trillion this year which is a first for the industry, a report showed on Monday. Supply chain issues, inflation, rising digital advertising costs, and changed consumer behaviour have all had their share in the first-ever e-commerce revenue drop, according to data presented by AugustaFreePress.com.

    The initial forecast from the ‘Statista Digital Market Outlook’ projected $380 billion more revenue in 2022 than a year ago. However, as of July, the global e-commerce revenue projection slipped from $4.22 trillion to $3.74 trillion. Google Launches New Slew of AI Powered Initiatives To Connect Millions of Indians.

    Although China generated nearly one-third of total e-commerce revenue in 2022, the world’s largest market is ending the year with a massive $212 billion revenue drop alone. Other leading markets, Japan, the UK, and Germany, also saw their revenues plunge.

    On the other hand, the US is the only one among the top five markets whose e-commerce revenue increased this year. According to Statista, the US e-commerce industry generated nearly $905 billion in revenue this year, 5 per cent more than in 2021. In 2023, the entire market is expected to generate $4.48 trillion in revenue and then hit a $5 trillion benchmark in 2024. Apple Expected To Launch New MacBook Pro Models and New iMac in 2023.

    One of the significant drivers for recovery will be the swelling e-commerce user base, said the report. Last year, the global e-commerce market had a massive 50.4 per cent penetration rate, with nearly 3.8 billion people who shopped online.

    Statistics show that online shoppers are expected to grow by 315 million YoY to 4.1 billion in 2022. “Also, the market’s penetration rate is set to reach 54.1 per cent this year. Statista expects more than 4.8 billion people to shop online by 2025,” said the report.

    (The above story first appeared on Morning Tidings on Dec 19, 2022 08:27 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • You Can Now Buy XXX Star’s Pubic Hair, Nail Clippings, Bathwater, Teeth, Used Clothes, Sweat and Intimate Body Fluids From New E-Commerce Site!

    You Can Now Buy XXX Star’s Pubic Hair, Nail Clippings, Bathwater, Teeth, Used Clothes, Sweat and Intimate Body Fluids From New E-Commerce Site!

    If you ever wished to buy your favourite XXX star’s nail clippings, bathwater, teeth, pubic hair, used clothes, sweat, intimate body fluids or anything else they’re ready to sell, a new e-commerce website has your back! On this platform, adult celebrities are selling their bodily fluids and pubic hair online to devoted followers. Although the idea is not brand-new, Fans Utopia is now the only business that also offers whatever else devoted followers may concoct.  Thanks to the specialised e-commerce website Fans Utopia, you may now be able to buy anything imaginable from your favourite XXX star’s items. It can be anything from their toenail to worn lingerie.  OnlyFans Model Courtney Clenney Pleaded Miami Police For Help Before Murdering Her Boyfriend in Self-Defense, Says Report.

    The website assists adult celebrities who want to sell their intimate speciality items to devoted followers and is now providing customised vials of bodily fluids in an effort to profit from an ever-increasing demand for such items. “I want buyers to feel as if nothing is off-limits when it comes to their requests, and trust in me that I will do my best to meet their needs,” said Fans Utopia owner Natasha. The FTX Downfall Story: From Sex Orgies at the Luxury Penthouse to the Missing Money, Here’s Everything to Know About the Second-Largest Crypto Exchange Platform and Its CEO, King of Crypto.

    In addition to demands for body fluids, Natasha said that fans are also requesting the hair, nail clippings, bathwater, teeth, and clothing of their favourite celebs. XXX adult performers Kenzie Anne, Siri Dahl, and Amirah Leia are currently offering bespoke body vials for sale. A wide range of personal items is also available from stars including Brittany Kade, Cara Belle, and Bunny Madison.

    Clothing, intimate apparel, socks, shoes, fitness gear, and everything else fans may imagine making their own are all up for grabs. Natasha, a creative businesswoman, came up with Utopia after being given the unique chore of selling a porn star’s used breast implants during an especially dreamy nap. She realised upon awakening that she had a potentially rich job as an internet seller of intimate items and immediately began to work toward realising her goal. She put her dreamed-up plan into action after deciding she wanted to work for herself, reaching out to adult stars, distributing flyers, and creating the brand from the ground up.

    (The above story first appeared on Morning Tidings on Nov 19, 2022 03:11 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Amazon Layoffs: E-Commerce Giant Reportedly Planning to Sack 10,000 Workers As Soon As This Week

    Amazon Layoffs: E-Commerce Giant Reportedly Planning to Sack 10,000 Workers As Soon As This Week

    Amazon is planning to lay off thousands of employees and implement cost-cutting measures as the last few quarters haven’t been profitable, according to report by New York Times. The company could fire as many as 10,000 employees starting as soon as this week. If the report indeed turns out be true, it would be the biggest layoff in the history of Amazon. WhatsApp Companion Mode Lets You Use App on Four Devices: Know About the Feature and How to Enable It

    Check Tweet:

    (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and Morning Tidings Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of Morning Tidings, also Morning Tidings does not assume any responsibility or liability for the same.)

  • #BoycottFlipkart Trends on Twitter After T-Shirt Referring to Sushant Singh Rajput’s ‘Depression’ Makes It to the E-Commerce Site

    Seems like Flipkart is in a mess. As on July 26, #BoycottFlipkart was among the top trends on Twitter after a T-shirt mentioning to late actor Sushant Singh Rajput’s ‘depression’ was found listed on the e-commerce site. The tee on sale sees SSR printed on it with ‘depression like drowning’ written on it. As soon as SSR fans spotted this, they started to trend the hashtag ‘Boycott Flipkart’. Check out netizens’ reactions here. Dil Bechara Clocks 2 Years: Sanjana Sanghi Gets Nostalgic, Remembers Late Co-Star Sushant Singh Rajput (Watch Video).

    Umm.. 

    What say? 

    Flipkart, are you listening? 

    Hmm…

    (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and Morning Tidings Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of Morning Tidings, also Morning Tidings does not assume any responsibility or liability for the same.)