Amazon employees have been told to remove the short-video app TikTok from their devices immediately. According to CNN, TikTok is owned by the world's most valuable startup, a Chinese company named ByteDance. But TikTok does not operate in China and functions as an independent subsidiary. Its servers are based in the US and not subject to Chinese laws. However, other organizations have moved to ban TikTok.
Amazon's global ecommerce sales will reach $416.48 billion in 2020, according to Business Insiders latest latest estimates. Consumers are relying more heavily on e-commerce due to COVID-19. The new figure is about $12 billion more than our pre-pandemic estimates. Most of Amazon's sales come from the US. However, the pandemic has also fueled growth in Germany, the UK and Japan.
Walmart is reportedly set to launch Walmart+ ...the company’s answer to Amazon Prime. Walmart + will go live later in July, after the coronavirus pandemic delayed its initial springtime launch. A Walmart spokesperson declined to provide further comment about Walmart+ to Business Insider. This is Walmart's latest bid to dominate e-commerce and fend off its online, Seattle-based rival. The $98 monthly subscription is rumored to include several perks, including...
More than £700 million is to be spent on building new infrastructure, hiring staff and developing technology to ensure Britain’s border systems are fully operational when the UK leaves the EU at the end of the year.Cabinet Office Minister Michael Gove said the major investment would ensure traders and the border industry are able to “manage the changes and seize the opportunities” when the transition period ends in December.
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