Walmart: News
01 Mar 2024
AmazonSecurity flaws found in doorbell cameras sold on Amazon, Walmart
Doorbell cameras sold by major retailers like Amazon, Walmart, Shein, Sears, and Temu have been found to have security flaws, according to a recent investigation by Consumer Reports.
08 Feb 2024
Snoop DoggWhy rappers Snoop Dogg and Master P are suing Walmart
Rappers Snoop Dogg and Master P are suing Walmart and food manufacturing company Post Consumer Brands for allegedly sabotaging their cereal brand, Snoop Cereal.
27 Jan 2024
FlipkartFlipkart co-founder Binny Bansal exits board over conflict of interest
Binny Bansal, the co-founder of Flipkart, has stepped down from the e-commerce giant's board.
25 Jan 2024
FlipkartFlipkart to lay off 1,000 employees in yearly restructuring move
Flipkart, an e-commerce giant owned by Walmart, is planning to lay off around 1,000 employees, which accounts for nearly 5% of its total workforce, as part of an annual restructuring effort.
10 Jan 2024
Artificial Intelligence and Machine LearningWalmart's new AI offering can do your shopping for you
Walmart is stepping up its game with a new AI-powered feature for its InHome replenishment service in the US.
29 Nov 2023
United States of AmericaWalmart shifting from China to India over lower import costs
Walmart, the world's largest retailer, is increasingly importing goods from India to the US, reducing its dependence on China.
23 Sep 2023
PhonePePhonePe's Indus Appstore might launch today; to challenge Google, Apple
Walmart-owned fintech company PhonePe is set to launch its own mobile app store, Indus Appstore, aiming to challenge the dominance of Google and Apple in mobile app distribution.
04 Sep 2023
United States of AmericaUS stores are keeping toothpaste, deodorant in locks: Here's why
Major retailers in the United States (US), including Walmart, CVS, Target, Home Depot, Walgreens, and Foot Locker, have started locking up daily use products like toothpaste, chocolate, detergent powder, and deodorant due to an increase in petty theft and organized shoplifting, reported AFP.
02 Sep 2023
FlipkartWalmart invests $3.5 billion in Flipkart, stake rises to 80%
Walmart has invested $3.5 billion in the first half of 2023 to acquire shares from several non-controlling Flipkart stakeholders and settle liabilities with some PhonePe shareholders, it said in a Securities and Exchange Commission (SEC) filing.
31 Jul 2023
FlipkartWalmart buys Tiger Global's stake in Flipkart for $1.4 billion
Walmart has acquired Tiger Global's $1.4 billion stake in Indian e-commerce firm Flipkart.
17 Jul 2023
WorldClimate activists vandalize Walmart heiress' $300 million superyacht
A group of climate activists vandalized the $300 million superyacht "Kaos" of Walmart heiress Nancy Walton Laurie in Ibiza, a Spanish island in the Mediterranean Sea, on Sunday.
23 Nov 2022
Shooting IncidentUS: Shooting at Virginia Walmart store, up to 10 killed
Up to 10 people were killed and many others injured after a gunman opened fire inside a department store in Virginia, United States, on Tuesday night.
19 Nov 2022
United States of AmericaRise and fall of Theranos CEO Elizabeth Holmes
The CEO and founder of the failed Silicon Valley start-up Theranos, Elizabeth Holmes, has been given a sentence of over 11 years in jail for duping investors.
29 Oct 2022
Defence MinistryDefence Ministry is world's biggest employer with 2.92 million people
India's Ministry of Defence is the biggest employer in the world with nearly 2.92 million employees working in various positions, according to report published on Statista.
29 Sep 2022
MetaverseWalmart joins metaverse bandwagon with virtual worlds on Roblox
Multinational retail giant Walmart has made its metaverse aspirations known with two new experiences on the online gaming platform Roblox.
04 Aug 2022
State Bank of India (SBI)LIC, Reliance among Indian companies in Fortune Global 500 list
The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place.
18 May 2022
GoogleRivaling Amazon, Walmart-backed PhonePe to buy two wealth management firms
Walmart-owned payments platform PhonePe is set to acquire two investment technology firms WelathDesk and OpenQ for a combined value of $75 million.
21 Jan 2021
FlipkartIndia's planned foreign investment policy changes could hurt Amazon
Sources informed Reuters of Indian government's plans to change foreign investment policies that could impact the e-commerce giants like Amazon and Walmart.
20 Sep 2020
Donald TrumpByteDance values TikTok at $60 billion for US deal
Chinese giant ByteDance is said to have valued TikTok at an approximate $60 billion.
20 Sep 2020
Donald TrumpEnd of TikTok's woes? Trump approves Oracle's bid for TikTok
TikTok finally appears to be finalizing a way to prevent itself from getting banned in the United States.
16 Sep 2020
FlipkartChinese giant Tencent pumps money into Flipkart: Details here
Chinese tech giant Tencent is pumping money into Flipkart, India's leading online shopping platform.
30 Aug 2020
Microsoft#WeeklyRecap: Apple bans Epic, Zoom's outage, TikTok's crisis, and more
This week, a number of developments were reported in the world of technology, including a few interesting hardware launches and some rather concerning security issues, outages, and data leaks.
28 Aug 2020
FacebookNewsBytes Briefing: Walmart-Microsoft team up for TikTok deal, and more
In the updates since last night, TikTok, the current talk of the town, got Walmart as the latest bidder for its business.
23 Jul 2020
FlipkartFlipkart buys Walmart India, foraying into online wholesale
In a major move, homegrown e-commerce giant Flipkart has acquired Walmart India.
09 Jul 2020
AmazonNow, Walmart is bringing an Amazon Prime-like membership service
More than 15 years after the launch of Amazon's Prime subscription service, its competitor Walmart is set to bring its own membership - Walmart+.
16 Mar 2020
XAhead of launch, Apple's Powerbeats 4 earbuds hit the shelves
Apple's Powerbeats 4 seems to have gone on sale even before its official launch. The still-unannounced earbuds were spotted for sale at a Walmart store in Rochester, New York.
13 Jan 2020
ReutersWalmart India fires over 50 employees, including top executives
In a major shocker, Walmart Inc., the largest retailer in the world, has taken the decision to lay off more than 50 of its employees in India, including a bunch of senior-to-mid level executives.
04 Aug 2019
OhioOhio mass shooting: 9 killed, 16 injured in Dayton
At least nine people have been killed and 16 injured in a mass shooting outside a bar in the Dayton city of Ohio in the US.
04 Aug 2019
TexasTexas Walmart Mass Shooting: 20 killed in suspected hate crime
At least 20 people have been killed and 26 others injured in a mass shooting at a packed Walmart store in the El Paso city of Texas in the US.
29 Jan 2019
FlipkartWorried Flipkart wants six-month delay in implementing new e-commerce rules
American retail giant Walmart-owned Flipkart has written to the government that it faces "the risk of significant customer disruption" if the deadline for implementing the new e-commerce curbs, which could cause huge disruption in the space, isn't extended by six months.
14 Jan 2019
FlipkartMyntra and Jabong CEO Ananth Narayanan resigns; may join Hotstar
After some rounds of speculation, it has been confirmed that Ananth Narayanan, CEO of Flipkart-owned Myntra and Jabong, has left his post in pursuit of other opportunities.
14 Nov 2018
IndiaBinny Bansal out of Flipkart: Some conjectures, many unanswered questions
In more ways than one, Flipkart is India's biggest start-up success story. The company and its founders are (still) the quintessential Indian dream - owners' pride, and everyone else's envy.
14 Nov 2018
FlipkartWhy co-founder Binny Bansal resigned from Flipkart
Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman.
13 Nov 2018
FlipkartBinny Bansal resigns as CEO of Flipkart Group: Details here
Flipkart co-founder Binny Bansal has resigned as the CEO of the Flipkart Group, following an investigation into allegations of "serious personal misconduct" against him.
11 Oct 2018
Sachin BansalReportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola
In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.
24 Sep 2018
FlipkartFlipkart might replace Binny Bansal as group CEO
Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.
19 Aug 2018
IndiaWalmart completes acquisition of Flipkart, pumps in $2bn
On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.
27 Jul 2018
FlipkartWalmart India expects to create 30,000 jobs in Uttar Pradesh
Walmart India, which had signed MoU with UP government to open 15 wholesale Cash and Carry stores, said it expects to create at least 30,000 local jobs from these stores.
02 Jul 2018
Flipkart10 lakh traders to protest against Flipkart-Walmart deal today
Around 10 lakh traders are launching a country-wide protest against the multibillion dollar deal between Indian e-commerce giant Flipkart and US-based retail giant Walmart.
06 Jun 2018
IndiaAfter Flipkart acquisition, Walmart to work with local kirana stores
Just a month after acquiring India's largest start-up and e-commerce platform Flipkart, Walmart is now planning to take hold of the country's kirana store business.
30 May 2018
IndiaBusiness Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
12 May 2018
FlipkartAmid landmark Walmart-Flipkart deal, many fear for survival
This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.
10 May 2018
Binny BansalReally sad to see Sachin leave Flipkart: Co-founder Binny Bansal
They were considered the "Jai-Veeru" of the Indian start-up panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.
10 May 2018
FlipkartWalmart-Flipkart deal turns many employees crorepatis: Details here
Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.
09 May 2018
IndiaWalmart buys 77% stake in Flipkart for $16 billion
The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.
04 May 2018
FlipkartThe love triangle of Amazon, Flipkart, and Walmart
Here's the story: Basically, the two US retail rivals Walmart and Amazon are both attempting to buy Flipkart, which is the best start-up India has produced in over a decade.
09 Apr 2018
FlipkartFlipkart opens new consolidated office space in Bengaluru
Flipkart has opened a new office space in Embassy Tech Village, Bengaluru, which is a consolidation of all of its previous 11 campuses in the city.
04 Apr 2018
IndiaAmazon planning to buy Flipkart to prevent rival Walmart bid
According to reports, Amazon might make an offer to buy India's largest e-commerce platform Flipkart.
01 Mar 2018
FloridaWalmart raises minimum age to buy firearms, ammunition to 21
After the deadly Florida school shooting that killed 17, US retail giant Walmart on Wednesday announced it was raising the minimum age to buy firearms and ammunition to 21 years.
17 Feb 2018
FlipkartWalmart may soon buy more than 40% of Flipkart: Reports
In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.
31 Jan 2018
IndiaWalmart to acquire minority stake in Flipkart, compete with Amazon-India
The world's largest retailer, US-based Walmart Stores, is in advanced discussions to buy a significant minority stake in India's leading e-commerce company Flipkart, reported Economic Times.
13 Nov 2017
Consumer CourtUS man wins $7.5mn verdict against Walmart over watermelon injury
An Alabama man recently won a $7.5 million verdict against Walmart over a hip injury he suffered while buying watermelons at the global retail giant in 2015.
02 Nov 2017
ColoradoAnother shooting in the US: 2 killed inside Colorado's Walmart
In yet another shooting incident in the US, 2 people have reportedly been killed in a Walmart store in Colorado.
12 Jul 2017
IndiaWalmart may soon enter India's e-commerce market via partnerships
American retailing multinational Walmart has been trying to dip its toe into the online market for some time now.
23 Nov 2016
IndiaIndian family businesses: Only 15% have succession plans
Reports revealed that just about 15 percent of the country's family businesses have a robust plan for succession.
09 Aug 2016
Alibaba GroupJet.com to be acquired by Walmart for $3bn in cash
Walmart will be acquiring Jet.com — an online-only shopping site for $3 billion in cash, plus up to $300 million in shares.
