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Amazon’s CEO accuses publisher of ‘blackmail’ over intimate photos

WASHINGTON: Amazon CEO Jeff Bezos has accused the publisher of the National Enquirer of blackmail after it threatened to publish intimate photographs sent by the billionaire to his mistress if he did not cease his investigation into how the newspaper got the pictures. It comes after the tabloid, having accessed private text messages, last month reported Bezos had an extramarital affair with former news anchor and entertainment reporter Lauren Sanchez — a leak that led to his divorce. In a post on blogging platform…

Modi’s clampdown on e-commerce may not win back votes of small retailers

NEW DELHI: India’s new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year’s general election, with the key voting bloc still seething over what it sees as broken promises by Prime Minister Narendra Modi. From Feb. 1, e-commerce firms such as Amazon.com and Walmart-owned Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers. Intended to prevent predatory pricing and deep…

India tightens e-commerce rules

NEW DELHI/MUMBAI: India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. In a statement, the government also said that the companies will be prevented from entering into exclusive agreements with sellers. The new rules will be applicable from February 1. “An entity having equity participation by e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace…