Category: Uncategorized

Walmart Teams With Rakuten on Digital Book Shop

Walmart on Wednesday launched a digital bookshop in a collaboration with Japanese e-commerce powerhouse Rakuten’s electronic book service Kobo. The Walmart eBooks website boasting more than six million titles along with audiobooks competes head-on with a core offering of rival Amazon. Subscriptions to the Walmart audiobook service were $9.99 (roughly Rs. 700)

IBM Wins $83 Million in Groupon E-Commerce Patent Fight

A US jury awarded IBM $82.5 million (roughly Rs. 562 crores) after finding that Groupon infringed four of its e-commerce patents. Friday’s verdict is a boon to IBM’s intellectual-property licencing business, which last year brought in $1.19 billion (roughly Rs. 8,200 crores) for the company, holder of more than 45,000 patents. IBM sued Groupon