IF Insights: Existential crisis for traditional banks as technology takes over
Legacy banks are often known for their slow production and reform/transformational measures and this applies to the aspect of going digital too...
Tag : Amazon
Business Leader of the Week: Meet Larry Page, co-founder of Alphabet Inc
As of February 2023, Larry Page has an estimated net worth of USD 93 billion...
Amazon UAE storage capacity increases by 70%, opens new fulfilment centre
During the holy month of Ramadan, Amazon anticipates a rise in consumer demand...
Will discounted prices boost iPhone sales? China starts the experiment
To increase demand, Apple occasionally permits its Chinese partner vendors to discount its smartphones...
Netflix co-founder Reed Hastings steps down as company creates new record
Ted Sarandos, who has been the face of Netflix in Hollywood, will take over as co-CEO....
‘Buy with Prime’: Amazon’s latest weapon to dominate US e-commerce sector
Launched in 2022, ‘Buy with Prime’ has been available to certain merchants that have been using ‘Fulfillment by Amazon’...
Fintech: The game changer
China became the new epicenter of a revolution in fintech as evidenced by the success of Alibaba and Tencent...
Layoffs 2023: Amazon, Salesforce start staff downsizing
The cuts will cover 6% of Amazon's 300,000-person corporate workforce...
Elon Musk: The first man to lose USD 200 billion
Tesla's stock dropped by 65% in 2022, and Elon Musk sold some of his holdings to pay for his purchase of Twitter...
Banking revolution: The change is here
Nonperforming loans are a burden on the banking system in several emerging economies...