Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce since 2021.
A Business Insider analysis of 2025 proxy statements filed with the SEC found that Costco pays the highest median worker compensation among major U.S. retailers at $49,186, followed by Amazon at $40,206 globally and $53,211 for full-time U.S. workers, while Ross...
MacKenzie Scott, the novelist, philanthropist, and ex-wife of Amazon founder Jeff Bezos, has donated more than $26B since 2019 yet remains worth $42.7B because Amazon's share price has risen more than 47% since April 2021, adding $2.35B to her net worth year to date...
Google will begin rolling out mandatory MFA for the Google Ads API on April 21, requiring users to verify their identity with a second factor when generating new OAuth 2.0 refresh tokens, with full enforcement expected over the following weeks. Existing refresh tokens...
The Tech Transparency Project found that Apple and Google not only failed to remove over 100 apps designed to generate nonconsensual nude images of people from photos, but actively promoted them through search results and ad carousels, despite both platforms having...
Bangladesh, which imports nearly 95% of its petroleum, has been experiencing severe fuel shortages since early March when the U.S.-Iran war disrupted oil tanker shipments, forcing Dhaka's ride-hailing drivers to spend hours in rationing queues rather than earning...
QVC Group, the parent company of QVC and HSN, disclosed in an SEC filing that it intends to file for Chapter 11 bankruptcy protection in the Southern District of Texas after reaching a restructuring agreement with creditors, with a goal of emerging before the end of...
World, formerly known as Worldcoin, upgraded and open-sourced its World ID protocol and launched a standalone app, announcing partnerships with Zoom for deepfake-resistant video verification, DocuSign for confirming human-signed documents, Tinder for expanding its...
Amazon filed a lawsuit in Washington state District Court alleging that a Telegram-based group called RBK, led by a Kazakhstan-based individual, orchestrated a refund fraud scheme that stole over $4M in products including graphics cards, laptops, and drones by...
Hundreds of previously redacted documents filed in California's ongoing antitrust lawsuit against Amazon reveal internal emails and depositions showing Amazon used Buy Box suppression and automated price tracking to pressure independent sellers into raising their...
Uber launched a returns feature through its Uber Eats app that lets customers schedule a courier pickup for eligible retail items they want to return, with a fee calculated based on the courier's time and distance and a minimum item price of $20. Participating...
Etsy is developing an unreleased AI Highlights feature that would generate short summaries of item listing details to help listings stand out to shoppers, and is showing some sellers a pop-up asking them to review and rate the accuracy of AI-generated summaries for...
Recursive Superintelligence, a startup founded by former Google DeepMind principal scientist Tim Rocktäschel and ex-Salesforce chief scientist Richard Socher along with former OpenAI researchers, raised at least $500M in a round led by GV with participation from...
The Wall Street Journal reports that Sam Altman asked OpenAI to lead a roughly $500M investment in Helion, a nuclear fusion startup where Altman is one of the largest investors, and pursued OpenAI involvement with Stoke Space, a rocket company his family office has a...
Canva announced it is bringing its platform into Claude Design by Anthropic Labs, allowing users to export AI-generated drafts directly into the Canva editor where they become fully editable, collaborative, and publishable designs without the fragmented workflow of...
India's state biometric identity authority UIDAI confirmed it will not pursue a proposal to mandate pre-installation of the Aadhaar app on smartphones after smartphone makers raised security and cost concerns. The proposal, which Reuters reported last month had been...
Google is rolling out two new AI Mode features in the U.S. over the coming weeks, including the ability to have its agentic AI call local stores on your behalf to check whether a specific item is in stock nearby, a feature that launched on standard Search last...
Rest of World reporter Ananya Bhattacharya writes that the rapid adoption of AI could add between 1.2 million and 5 million metric tons of e-waste by 2030, according to a 2024 Nature Computational Science study, as high-performance GPUs and specialized servers become...
Anthropic CEO Dario Amodei met Friday with White House chief of staff Susie Wiles and Treasury Secretary Scott Bessent to discuss responsible deployment of Anthropic's Mythos model, with the White House calling the meeting "productive and constructive" and the Office...
