Amazon launches Haul, a new outlet offering 'crazy low' prices, rivaling Temu and Shein. The service provides confidence about product safety through Amazon's product guarantees but raises regulatory concerns.
Amazon's Response to Regulatory Concerns
Amazon's vice president of worldwide selling partner services, Dharmesh...
23andMe, a leading DNA-testing firm, is facing significant challenges as it restructures its business and focuses on long-term success. The company has seen its share price plummet by over 70% this year due to a series of setbacks, including a data...
The European Commission fined Meta €798m for breaking competition rules, specifically for giving its Facebook Marketplace service an unfair advantage over others. This is not the first time Meta has faced a fine from the EU.
Background
This is not the first time...
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit due to an economic slowdown in China. The company's revenue fell short of analyst forecasts for the second consecutive quarter, amid intensified competition...
Australian cultivated meat firm Vow has launched lab-grown foie gras, a luxury product made from quail cells brewed in a bioreactor. This innovative approach offers a controversial future for the cultivated meat industry.
Introduction
Australian cultivated meat firm Vow has launched lab-grown foie...