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Amazon reportedly in talks to buy a 9.9% stake in India’s Reliance Retail

Amazon may join its global rivals Google and Facebook in backing one of Indian billionaire Mukesh Ambani’s ventures.The American e-commerce giant is in preliminary talks to acquire a 9.9% stake in R

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Flipkart invests $35 million in Indian giant Arvind Fashions's unit

Flipkart on Thursday announced it has invested $35 million in Arvind Fashions for a significant minority stake in one the decades-old Indian firm’s subsidiaries as the Walmart-owned firm looks

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Walmart partners with Tribeca to turn 160 store parking lots into drive-in theaters

Just ahead of the Fourth of July weekend, Walmart announced a partnership with Tribeca Enterprises (most notably the purveyors of the film festival of the same name) that’s set to convert 160 store lo

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At least 2 killed, 4 injured in California shooting

At least two people were killed and four others injured Saturday afternoon in a shooting in Red Bluff, a city in Tehama County in California, according to local media.

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Chinese online grocery firm Dada files for U.S. IPO

VCG Online grocery firm Dada Nexus Ltd filed for an initial public offering, making it the latest Chinese firm to opt for a U.S. listing after a strong debut by Kingsoft Cloud Holdings.Dada, w

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Target is looking to buy Deliv’s same-day delivery tech

Target, which already owns on-demand delivery service Shipt, is in talks to buy assets from Deliv, NBC News first reported.“Deliv is in the process of completing a deal to sell technology asse

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Daily Crunch: iPhone sales decline in Q1

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months.Here’s your Dai

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Amazon to hire 100,000 workers as online orders surge on virus worries

A signboard outside Amazon Go Grocery store in Seattle, Washington, February 26, 2020. /VCG Amazon.com said on Monday it would hire 100,000 warehouse and delivery workers in the United States

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Firms promote job-sharing to ease employment pressure amid epidemic

To keep employment stable in China, more and more firms are offering jobs to people temporarily idle due to the outbreak of the novel coronavirus. Such practices are e

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Intercontinental Exchange says it explored deal with eBay

Intercontinental Exchange Inc (ICE), the owner of the New York Stock Exchange, said on Tuesday it had approached e-commerce company eBay Inc to explore "a range of potential opportunities". The st

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How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is up

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Bossa Nova’s inventory robots are rolling out in 1,000 Walmart stores

Bay Area-based Bossa Nova Robotics this morning announced plans to bring its shelf-scanning inventory robot to 1,000 Walmart stores in the U.S. The plan adds an additional 650 locations to the growing

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India orders investigation into alleged anti-competitive practices by Amazon and Walmart’s Flipkart

India ordered a large-scale investigation into Flipkart and Amazon India on Monday after a retail trade group alleged that the e-commerce giants were indulging in anti-competitive practices to gain fo