Joe Raedle/Getty ImagesNews According to the results of a survey published Tuesday by Bank of America, the leaders of the distribution consolidate their market share in furniture. Bank analysts said the top 10 brands amassed a 53% market share in furniture, compared to 47% in 2016. Walmart (WMT), Amazon (AMZN) and Target (TGT) were cited…
Live-streaming platform Twitch has confirmed it is cutting more than 400 positions as part of widespread layoffs from its parent company, Amazon. On Monday, March 20, Amazon CEO Andy Jassy announced that the e-commerce giant would cut an additional 9,000 jobs “in the coming weeks”, on top of its previously announced plan to cut 18,000…
With a bullish stance on FAANG stocks, Daniel Flax, senior research analyst at Neuberger Berman, predicted on Tuesday that markets will focus on Google’s innovation and growth potential (NASDAQ:GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META) and Apple (NASDAQ: AAPL) later this year and next year. Speaking to CNBC, Flax predicted that free cash…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24525827/Screenshot_2023_03_21_at_10.01.27.png "Amazon shuts down DPReview, the camera review website")
Amazon will close DPReview, the reliable and comprehensive camera review website, as part of the 18,000 job cuts announced in January. According to an announcement posted on the site, the DPReview The team will continue to post reviews and other content until April 10, after which “the site will be locked down, with no further…
The bankruptcy of Silicon Valley Bank SIVB, , the nation 16e largest bank, has shaken global markets. SVB used short-term deposits to fund investments in long-term bonds, stocks and mortgages – a bet that interest rates would not rise. Once the Federal Reserve began aggressively raising interest rates to curb inflation about a year ago,…
A look at the federal government’s expansive plans to pin down some sort of wrongdoing on Amazon leaves little doubt that this crusade is based on something stronger than a simple quest for justice or consumer protection. Like other big tech companies, Amazon has been called a “monopoly” by Democrats and Republicans who, for different…
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EXCLUSIVE: The executives behind Prime Video Germany’s big-budget fantasy epic There Griffin talked about forging what Originals boss Philip Pratt dubbed “the greatest [German fantasy] project since The never-ending story.” There Griffin took almost five years in the making, dating back to when German originals manager Pratt first managed a small local team. The show…
Pathaan is coming to OTT; are you all ready? Shah Rukh Khan made a smash comeback with Pathaan, and it roared at the box office. The movie earned around Rs 1100 crore, and that is huge. Nobody had ever imagined that the film would have crossed such crazy numbers, but after all, it was SRK…
For a preview of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 PM PDT, subscribe here. 🚚 Trucking is a vital industry and yet the majority of operations operate on outdated platforms. AtoB thinks it has the solution, and its co-founder says the company is essentially Stripe…
