Amazon blocks counterfeits from its marketplace
May 11, 2021
Amazon.com says it blocked 10 billion counterfeit product listings on its platform last year before they could be sold to shoppers. The number of items that Amazon blocked was up 67 percent over the previous year. Amazon said it spent more than $700 million last year and employed 10,000 people to combat counterfeiting on the site.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.