The South China Morning Post is reporting that Amazon has closed a bunch of stores on its platform operated by a major Chinese retailer. Although the reason for the closures aren’t known, the move comes as Amazon cracks down on fake reviews and other violations such as offering financial rewards in exchange for reviews. The Chinese retailer’s parent company, Tiza Information Industry...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
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