Walmart: News
Walmart tells employees AI will assist, not replace them
Walmart, the world's largest retailer, has assured its employees that artificial intelligence (AI) is here to assist them in their work rather than replace them.
Amazon tops Fortune 500, ending Walmart's 13-year reign
Amazon has dethroned Walmart to become the number one company on the Fortune 500 list, ending a 13-year reign for the retail giant.
Walmart takes on Samsung Frame with new art TV
Walmart has launched a new line of Onn-branded televisions, all powered by Google TV. The range starts at an affordable price of $248.
Walmart's new Android tablets start at just $97
Walmart has expanded its tablet portfolio with six new models under its Onn brand.
Walmart, Amazon race to dominate rural America's online delivery market
Walmart and Amazon are racing to improve online order deliveries in rural America.
Why Flipkart is delaying its IPO
Walmart has asked its e-commerce subsidiary, Flipkart, to delay its initial public offering (IPO) and focus on achieving profitability, as per Moneycontrol.
How AI tools can help you with shopping
Artificial intelligence is transforming the retail space with tailored and frictionless shopping experiences that improve customer satisfaction and boost sales.
Google is bringing Gemini AI to 3rd-party smart speakers
A recently leaked Walmart Onn smart speaker suggests that Google may be bringing its advanced AI assistant, Gemini, to third-party devices.
Flipkart eyes $2.5B pre-IPO funding round
Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.
Meet Sharon Pais, new CEO of e-commerce giant Myntra
Myntra, India's largest fashion e-commerce platform and a key player in the Flipkart group owned by Walmart, has announced a major leadership change.
Rajasthan Royals sold for whopping $1.6 billion: Details of owner
The Rajasthan Royals, one of the eight original franchises in the Indian Premier League (IPL), has been sold for a whopping $1.6 billion.
Walmart's plan to sell products via ChatGPT has failed
Walmart has tested the effectiveness of "agentic commerce" or in-chat purchases through OpenAI's Instant Checkout.
PhonePe pauses IPO process amid US-Iran war, global market volatility
PhonePe, the leading UPI payments app backed by Walmart, has announced a temporary suspension of its public market listing process.
Flipkart to invite banks for its potential IPO next month
Walmart-backed e-commerce giant Flipkart is gearing up for its potential initial public offering (IPO) in India.
PhonePe eyes $10.5B valuation for its IPO in India
Walmart-backed Indian fintech giant PhonePe is gearing up for an initial public offering (IPO) at a valuation between $9 billion and $10.5 billion, according to Reuters.
Why UP government has joined hands with Walmart
The Uttar Pradesh government has signed a strategic memorandum of understanding (MoU) with the Export Promotion Bureau of the MSME and Export Promotion Department.
AI just solved 'what's for dinner?' problem for busy families
Managing daily meal schedules for a busy family can be tough.
Tech giants lose billions as markets reassess AI investments
The world's leading technology companies, including Microsoft, Amazon, Apple, and NVIDIA, have witnessed a significant drop in their stock prices this year.
Walmart hits $1 trillion market cap for first time
Walmart has become the first retailer to hit a market cap of $1 trillion.
PhonePe IPO: Walmart to reduce stake, Microsoft, Tiger Global exit
Bengaluru-based digital payments platform PhonePe has filed an updated draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Gemini AI can now shop on Walmart and Shopify
Google has announced a major expansion of shopping capabilities within its AI chatbot, Gemini.
Walmart expands drone delivery to 150 more stores
Wing, the Alphabet-owned company that provides drone delivery services for groceries, medicines, and hot lattes, is expanding its partnership with Walmart.
Amazon, Flipkart will offer loans to Indian consumers, small businesses
Amazon and Flipkart are taking on traditional banks in India by launching new lending products for small businesses and consumers.
Walmart CEO Doug McMillon to retire; John Furner named successor
Walmart has announced that its long-serving CEO, Doug McMillon, will retire next year. The decision comes after more than a decade of his leadership at the world's largest retailer.
PhonePe secures $600M investment from General Atlantic ahead of IPO
Walmart-backed fintech giant PhonePe has secured a $600 million investment from General Atlantic (GA). The funding doubles GA's stake in the company from 4.4% to 9%.
Walmart halts H-1B hiring amid Trump's $100,000 visa fee hike
Walmart, the world's largest retailer, has paused job offers for candidates requiring H-1B visas.
You can now shop at Walmart using ChatGPT
Walmart, the largest retailer in the US, has announced a strategic partnership with OpenAI.
Satellites are leaking secrets!
A team of researchers from the University of California San Diego (UCSD) and the University of Maryland has uncovered a major security flaw in satellite communications.
Walmart India cuts losses by 29% despite flat revenue growth
Walmart India has reported a marginal 2.6% increase in its operating revenue for FY25.
OpenAI to launch AI-powered jobs portal to take on LinkedIn
OpenAI, the company behind ChatGPT, is gearing up to take on LinkedIn with its own AI-powered hiring platform.
OpenAI to launch its own AI chips next year
OpenAI, the company behind ChatGPT, is planning to design and manufacture its own artificial intelligence (AI) chips.
PhonePe to file for ₹13,000cr IPO by month-end
Walmart-backed fintech giant PhonePe is gearing up to file for its initial public offering (IPO) by the end of September.
Walmart, Amazon stop orders from India after Trump's 50% tariff
Leading US retailers such as Walmart, Target, Amazon, and Gap have suspended orders from India.
Walmart Mexico CEO steps down, Chile head takes interim role
Ignacio Caride, Walmart's Mexico and Central America Chief Executive Officer (CEO), will step down from his position after a little over a year. The news came as a shock to analysts.
Meet Alice Walton, world's richest woman worth $102B
Alice Walton, the only daughter of Walmart founder Sam Walton, has been named the world's richest woman by Forbes.
PhonePe plans to raise $1.5B via IPO at $15B valuation
Walmart-backed PhonePe, India's leading digital payments company, is gearing up for an initial public offering (IPO) that could raise as much as $1.5 billion.
Forget banks! Flipkart can now lend you money directly
Walmart-owned Flipkart has secured a non-banking financial company (NBFC) license from the Reserve Bank of India(RBI).
Trump just got grilled on 'TACO' trade—He says 'nasty question'
The term "TACO" trade, coined by Financial Times columnist Robert Armstrong, has drawn the ire of US President Donald Trump.
Walmart: Laid-off employees can apply for new US, India jobs
Walmart, the world's largest retailer, is set to create "several hundred new roles" in the US and India.
'H1-B...complete fraud': Musician questions why Indians are employed at airports
A musician and builder, Sean Carpenter, has sparked controversy with his comments about Indians working at Washington DC airport.
Nike announces price hike—Here's what's getting more expensive
Nike has announced plans to hike prices of select products from June 1.
50% of US firms consider price hikes. Reason? Trump's tariffs
More than half of surveyed US companies intend to raise their prices due to tariffs imposed by President Donald Trump, a global survey by Allianz Trade found.
Trump urges Walmart to 'eat the tariffs,' not hike prices
US President Donald Trump has slammed retail giant Walmart for its plans to hike prices, owing to the government's import duties.
Walmart-owned Flipkart is facing senior leadership exodus: Report
E-commerce giant Flipkart, owned by Walmart, is witnessing a major churn in its senior management, as per Moneycontrol.