Archives
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ALL DEALS March 1, 2016 Uber opens its first Centre of Excellence in Asia in Hyderabad
By: sristy SahaUber operates in 26 cities in India. Photo: AP Hyderabad: Taxi aggregator Uber Technologies Inc. opened its first centre of excellence in Asia in Hyderabad as the San Francisco-based company centralizes several of India operations at a single location in its third biggest market. The facility will have staff providing round the clock specialized support […]
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ELECTRONICS February 25, 2016 Why would Foxconn buy Sharp? It’s all about the iPhone
By: sristy SahaJapanese electronics maker Sharp has accepted a bid from Taiwan’s Foxconn Technology Group for it to buy a majority stake in company for ¥489 billion ($4.4 billion), the Japanese firm announced today (Feb. 25). Shortly thereafter, however, Foxconn put the deal on hold “after receiving new material information from Sharp,” it said in a statement. […]
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CLOTHING February 25, 2016 Amazon has quietly launched its own clothing lines, as it tries to take over fashion retail
By: sristy SahaAlready in the midst of a massive growth spurt, Amazon is looking to fashion to keep fueling its expansion. For months there have been clues that the e-commerce giant was developing its own in-house clothing brands, and just last week, job postings from the company (paywall) hinted it was actively moving toward a launch. But […]
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CLOTHING February 25, 2016 Amazon Now Selling Clothing Under Its Own In-House Brands
By: sristy SahaIn yet another effort to completely and totally dominate the shopping world, Amazon has apparently started a few private label clothing brands and has been quietly shilling apparel and accessories under those trademarked names with nary a press release to let anyone know. WWD cites KeyBanc Capital analyst Ed Yruma, who said the company has […]
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CLOTHING February 25, 2016 Amazon launches its own clothing brands
By: sristy Saha(Chip Somodevilla/Getty Images) Share on Facebook Tweet Share (106) Pin (3) Over the years, Amazon has challenged the traditional brick-and-mortar model, redefined the books landscape, and gone all-in with original programming. Now, the retail giant is foraying headfirst into fashion. Amazon has released 1,800 products, ranging from women’s clothing and bags to children’s clothing to […]
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ALL DEALS February 23, 2016 Apple’s iPhone Success May Be Reaching Its Peak
By: sristy SahaApple could soon face one of its biggest challenges to date: Peak iPhone. Most analysts believe Apple surpassed its own record by selling more than 74.5 million units of its flagship product in the final three months of 2015. But there are signs that iPhone sales in the first three months of 2016 will – […]