Experts are confident that marketplaces will earn revenue from advertising.

Now a marketplace earns money from two things: commissions and advertising. Amazon has been making more money from advertising and third-party services over the last 5-10 years.

This is no secret, and all companies are looking in that direction as well.

India accuses Samsung, Xiaomi of colluding with Amazon.

Samsung, Xiaomi and other smartphone companies colluded with Amazon, opens new tab Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, prioritising certain listings, and steeply discounting products, hurting other companies, Reuters reported.

The CCI's 1,027-page report on Amazon also said the Indian units of five companies - Samsung (005930.KS), opens new tab, Xiaomi, Motorola, Realme and OnePlus - were "involved in the practice of exclusive" phone launches in "collusion" with Amazon and its affiliates, breaking competition law.
In Flipkart's case, a 1,696-page CCI report said the Indian units of Samsung, Xiaomi, Motorola, Vivo, Lenovo (0992.HK), opens new tab and Realme conducted similar practices.

The inclusion of smartphone makers like Samsung and Xiaomi in the case could increase their legal and compliance headaches.

TON is now even more accessible to users in the EU and the UK.

TON has appeared on Revolut, one of the most influential and prominent fintech platforms in Europe. Over 45 million users now have the opportunity to trade "the diamond" on their platform.

The book about Toncoin on Amazon.

An e-book about Toncoin in Japanese has appeared for sale on Amazon. The 33-page book describes the evolution of Toncoin.

Read about these and other new products on global marketplaces here: https://t.me/marketplace_bestsellers

The owner of the Russian marketplace Wildberries, Tatyana Bakalchuk, has become nearly 4 billion rubles poorer.

The fortune of Tatyana Bakalchuk has decreased from $7.9 billion to $4.1 billion following the merger of the marketplace with the outdoor advertising operator Russ, according to estimates by American Forbes. During the deal, Bakalchuk "essentially gave up 35% of her company's shares," the publication writes. Her wealth also declined due to the depreciation of the ruble, the publication notes. Despite this, Bakalchuk remains the richest woman in Russia.

Bitget and Foresight Ventures are investing in the TON blockchain.

Bitget and Foresight Ventures have made a strategic investment of $30 million in The Open Network (TON) blockchain.

The goal of this investment is to promote the development of projects based on Telegram, with a particular focus on play-to-earn games, such as Hamster Kombat and Notcoin.

Hamster is shutting down... Today is the last day to play and link your wallet for withdrawing funds in Hamster Kombat.

Today the game will be stopped to distribute tokens. The developers recommend checking that a withdrawal address is linked. The listing will take place next week, on September 26, on all major exchanges.

Amazon released a generative AI assistant codenamed Project Amelia in beta to an initial set of U.S.-based sellers.

Project Amelia delivers a personal Amazon selling expert that understands a seller’s unique business and provides personalized recommendations, insights, and information to help sellers thrive.

As Project Amelia evolves, it will soon be able to recognize business opportunities and diagnose problems, developing key insights on how to grow revenue, optimize inventory, and resolve key issues, and in some cases will even offer to take actions on a seller’s behalf.

Sellers can simply ask questions like, “How my business is doing?” and Project Amelia will provide instant and secure access to sales and business metrics, compare trends, and provide guidance. Always available from any page on Seller Central, Project Amelia stands at the ready to tackle strategy questions and provide unique insights tailored to each seller’s business needs.

Telegram will share information about wrongdoers with law enforcement agencies.

The platform has updated its privacy policy for this purpose. The platform will actively combat "problematic" content, particularly the sale of illegal goods through internal search. Some prohibited content has already been removed from the messenger. Users can also report illegal posts through @SearchReport.

Additionally, all information about wrongdoers may be handed over to authorities upon official request.

"We make it clear that the IP addresses and phone numbers of those who violate our rules may be disclosed to relevant authorities in response to legitimate legal requests," - said Pavel Durov.

With more than 115,000 positive reviews, Amazon is practically telling you to pick up this personal water filter for camping, hiking and emergency run-ins. It removes 99.99% of bacteria and parasites to make water safe for drinking and is EPA-approved.

British Amazon is switching to new recyclable packaging.

Amazon has unveiled a new paper packaging envelope that is completely recyclable. This lightweight envelope reduces the average weight of the shipment by 44 grams compared to cardboard boxes of a similar size, which allows you to optimize space to save space.

The new packaging features a durable and lightweight lining made entirely of paper. This eliminates the need to use a plastic bubble wrap, which makes the envelopes suitable for recycling at home. Thus, they offer an eco-friendly alternative to traditional packaging.

The Midnight Project craft brewery (Polnochnyj Project) decided to take advantage of the popularity of the Hamster Kombat clicker and this summer released beer "for cryptomillionaires".

Tap tap tap… Hamster in Untappd is an American ale based on Hallertau Blanc and HBC 638 hops. The alcohol content is 5.3%, the bitterness is average, 40 IBU. Hamsters are not included in the composition.

Starting from September 26, 10:00 UTC, the TON blockchain is expected to experience increased load as the gaming project Hamster Kombat, with more than 100 million active monthly users, will begin issuing tokens.

Amazon is supporting farmers through solar and wind farm investment.

Farming is a high-risk, unpredictable business, and climate change is making it even more challenging due to increasing extreme weather events. But by investing in agrivoltaics—the combination of solar and agriculture, as well as dual land-use projects that combine farms and wind turbines, farmers around the world have new opportunities to grow their businesses while addressing climate change. Amazon is supporting several of these projects as it grows its renewable energy portfolio as part of our Climate Pledge commitment to reach net-zero carbon by 2040.

In Tunica County, Mississippi, third-generation farmer Abbott Myers has diversified his farm’s income by agreeing to host the state’s first wind farm on his land.

The next generation of Llama models from technology, including its first ever multimodal models, are available on Amazon Web Services (AWS) in Amazon Bedrock and Amazon SageMaker. They are also available via Amazon Elastic Compute Cloud (Amazon EC2) using AWS Trainium and Inferentia.

The Llama 3.2 collection builds on the success of previous Llama models to offer new, updated, and highly differentiated models, including small and medium-sized vision LLMs that support image reasoning and lightweight, text-only models optimized for on-device use cases. The new models are designed to be more accessible and efficient, with a focus on responsible innovation and safety. Llama Guard 3 Vision, fine-tuned for content safety classification, is also available in Amazon SageMaker JumpStart.

The CEO of OpenAI is Sam Altman wrote an essay on the future of AI that you must read.

Summary:

✅ Superintelligence will emerge in a few years. It must be made widely accessible; otherwise, it will become a scarce resource, leading to conflicts and wars.

✅ The most important event in human history is the arrival of AI. It will help achieve an unimaginable level of prosperity, improving the lives of every person by hundreds of times.

✅ The key to progress is deep learning. With its help, AI will solve problems like global warming, make new discoveries, and lead to revolutions in the sciences.

The company eBay updates order cancellation policy.

The company eBay now allows buyers to cancel an order as long as it hasn’t been shipped. This change, effective from August, provides buyers with more flexibility. Sellers are notified of a cancellation request and have three days to respond. If the request is not handled by the seller, eBay automatically denies it after three days.

Once the cancellation is approved, eBay issues a full refund to buyers and compensates sellers according to its policy. Sellers are also protected from negative feedback if they decline the cancellation request.

Amazon CEO Andy Jassy shares 5 ways the company is committed to sustainability.

1️⃣Innovating to improve Amazon’s fulfillment center operations is leading to fewer miles driven.

2️⃣Embedding sustainability initiatives into Amazon’s business is driving faster results.

3️⃣Balancing Amazon’s customer obsession with sustainability remains a top priority.

4️⃣Amazon is enabling innovation for sustainability through the use of generative AI.

5️⃣Opening up Amazon’s playbook is encouraging other companies to help decarbonize their businesses.