Hacker Claims Major WooCommerce Data Breach In the ever-evolving landscape of online commerce, cybersecurity remains a top concern for businesses and consumers alike. Recently, a hacker made headlines by claiming responsibility for a major data breach involving WooCommerce, one of the most popular e-commerce platforms globally. The hacker reportedly accessed and exfiltrated over 4.4 million […]
Mytheresa Secures Regulatory Approval to Acquire YNAP
Mytheresa Secures Regulatory Approval to Acquire YNAP Mytheresa, the renowned German luxury e-tailer, has recently made headlines by successfully securing regulatory approval for its acquisition of Yoox Net-a-Porter (YNAP). This strategic move is poised to shake up the e-commerce landscape and solidify Mytheresa’s position as a major player in the luxury fashion industry. The deal, […]
EU plans new law to tackle online consumer manipulation
EU Introduces New Law to Combat Online Consumer Manipulation The European Union is taking a significant step towards safeguarding consumer rights in the digital age with the introduction of a new law aimed at addressing online consumer manipulation. The legislation is designed to target unethical digital practices such as dark patterns, personalised pricing, and addictive […]
Report: Shein Gains UK Approval for London IPO, Awaits China Nod
Report: Shein Gains UK Approval for London IPO, Awaits China Nod Shein, the Chinese e-commerce giant known for its trendy and affordable fashion offerings, has made a significant stride towards its goal of going public in London. The Financial Conduct Authority (FCA) has granted approval for Shein’s initial public offering (IPO) in the UK, paving […]
TikTok affair, China disagrees with Trump over $54B deal due to tariffs rise
TikTok’s $54 Billion Dance: China-US Trade Tensions Threaten App’s Future In a digital showdown that has captured the attention of millions worldwide, TikTok finds itself at the center of a high-stakes battle between China and the United States. With a staggering $54 billion deal on the line, the popular app, known for its short videos […]
Alphabet unleashes $75 billion war chest as big tech races for AI dominance
Alphabet’s $75 Billion War Chest: The Battle for AI Dominance in Big Tech Alphabet, Google’s parent company, has reiterated its plan to spend around $75 billion this year. This staggering amount serves as a testament to the fierce competition and escalating arms race among tech giants for AI supremacy. As Alphabet unveils its war chest, […]
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings, the parent company of renowned fashion brands such as Michael Kors and Versace, is set to make a strategic shift in its business approach. Following the sale of Versace to Prada, Capri Holdings is now focusing on revitalizing Michael Kors by targeting mid-tier pricing and embracing e-commerce through a partnership with Amazon. This […]
Chinese Sellers on Amazon to Hike Prices or Exit US as Tariffs Soar
Chinese Sellers on Amazon Face Tough Decision as Tariffs Rise Chinese sellers on Amazon are currently at a crossroads due to the soaring tariffs imposed by the United States. With China housing approximately half of Amazon’s sellers, who collectively generate annual revenues of $35.3 billion, any changes in the trading relationship between the two countries […]
Former Facebook executive says Meta misled over China
Former Facebook Executive Claims Meta Prioritized Business Growth in China Over National Security In a shocking revelation, former Facebook executive, Wynn-Williams, has accused Meta of prioritizing business growth in China over national security concerns. This accusation has sparked a wave of controversy and renewed discussions about the ethical responsibilities of tech giants operating in sensitive […]
Amazon launches Nova Sonic AI for natural voice interactions
Amazon’s Nova Sonic AI: Revolutionizing Natural Voice Interactions In the realm of artificial intelligence, Amazon has once again raised the bar with the launch of Nova Sonic AI. This cutting-edge technology represents a significant leap forward in the field of natural voice interactions, offering users a more seamless and intuitive experience than ever before. With […]