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Goyal: 'Amazon investing to cover losses, ... '

Commerce and industry minister Piyush Goyal on Thursday played down the $1 billion investment promised by Amazon boss Jeff Bezos, saying the money was meant to cover the losses that the e-commerce player had notched up in the country and it was not “doing a favour”. He added that e-commerce companies needed to adhere to the rules “in letter and spirit”.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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