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eBay auction of Japanese art, purportedly created at Manzanar internment camp, pulled after protest
•The auction was halted by eBay hours before it was to conclude after company executives met with Japanese American groups who called the sale "hurtful, and a degrading reminder of the mass roundup and incarceration".
Indonesian man becomes overnight millionaire after meteorite crashes through his roof
Trendingdesk •As per the report, the meteorite is carbonaceous chondrite, an extremely rare variety estimated to be 4.5 billion years old and is worth around £645 per gram
Allow full operations of e-commerce companies as first step to normalcy, says industry body IAMAI
•IAMAI said that e-commerce services can facilitate delivery from producers and sellers to more than 75-100 million active customers on various platforms across 19,000 pincode areas.
Exclusive: Oyo’s Ritesh Agarwal opens up about job losses, Aditya Ghosh, governance issues, and SoftBank’s role
Sunny Sen •“This is the first time I am doing an interview, but I have been open all throughout.”
Facebook and eBay make promises to better tackle fake and misleading reviews
•Facebook has removed 188 groups, disabled 24 user accounts whilst eBay permanently banned 140 users.
eBay's new 'Managed Delivery' for sellers on platform aims to rival Amazon; boost its brand recognition
•The move by eBay comes with Amazon growing its base of third-party sellers for its Prime subscription service that offers speedy delivery
eBay picks up 5.5% stake in Paytm Mall for $150 mn; investment to boost Noida-based firm's valuation to nearly $3 bn
Fp Staff •eBay also said it had reached an agreement with India’s Paytm Mall, owned by Paytm e-commerce, to bring its global inventory onto Paytm’s marketplace
Govt to come out with national e-commerce policy within 12 months, says commerce minister Piyush Goyal
•The government will come out with a national e-commerce policy within 12 months to facilitate achieving holistic growth of the sector
EU puts spotlight on Google, Amazon and Facebook with new rules on unfair practices
•The EU law attempts to rein in online giants and ensure they treat smaller rivals and users fairly.
How about paying your taxes?: Walmart chief pokes at Amazon CEO Jeff Bezos
•Jeff Bezos issued a challenge to other retailers to match Amazon’s pay and benefits.