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Amazon Wins Court Battle to Halt Deal Between India Partner, Reliance

By Wayne Ma
· · Source: Bloomberg

Amazon has persuaded India’s Supreme Court to halt regulatory approval of a deal involving its local retail partner, Future Group, according to Bloomberg and other local Indian media outlets. The ruling is a legal win for Amazon, which is battling competitors such as Walmart and Reliance Industries in India’s e-commerce market. Future Group, which faced a cash crunch amid Covid-19, planned...

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(L-R) Jonathan Ive, Johny Srouji, Dan Riccio and Tim Cook. Photos by Bloomberg; Apple. Art by Mike Sullivan
Apple’s executives had a critical design decision to make about the company’s riskiest product in years. It was 2019, and a growing team of Apple engineers had been working for more than three years on a headset that combined augmented and virtual reality capabilities. Now they had to figure out whether the mixed-reality headset would be a stand-alone device or would require a...
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Apple's Tim Cook (clockwise from top left), Bob Iger, Al Gore and Mike Rockwell. Images by Bloomberg, Shutterstock. Art by Mike Sullivan.
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