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India saw sales worth Rs 76,000 cr in festive month: Report

India saw robust online sales worth Rs 76,000 crore in the festive month from September 22 and October 23, a 25 per cent year-on-year (YoY) growth. According to Bengaluru-based Redseer Strategy Consultants, the tier 2 and above cities drove this growth and contributed 57 per cent of festive GMV (gross merchandise value).

Amazon CEO confirms more layoffs coming in early 2023

 Amazon CEO Andy Jassy has warned employees that there will be more layoffs at the company in early 2023 "as leaders continue to make adjustments". The e-commerce giant publicly confirmed some layoffs on Wednesday and now, Jassy has said more layoffs are coming as Amazon's annual planning process extends into the new year.

Meta fires staff for hijacking Facebook, Insta accounts: Report

Meta has reportedly fired or disciplined over two dozen employees for hijacking Facebook and Instagram accounts over the past year. According to The Wall Street Journal, some offenders used Meta's account recovery software, "Oops," and even took thousands of dollars in bribes from those seeking access.