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Amazon Launches Haul to Rival Low-Cost Giants Temu and Shein

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Amazon Launches Haul to Rival Low-Cost Giants Temu and Shein

Amazon has unveiled a new budget-friendly outlet called Haul, aiming to capture the market share of low-cost retailers such as Temu and Shein. Announced on Wednesday, Haul is a mobile-only shopping experience within Amazon’s Shopping app, exclusively available to US customers.

The standout feature of Haul is its price cap, with all products available for $20 (approximately £15.79) or less. The platform promises “crazy low prices” for goods that may take up to two weeks for delivery—a strategy mirroring the business models that have driven the rapid growth of its Chinese rivals.

Temu and Shein have seen explosive growth in recent years by offering inexpensive items with extended shipping times. However, they have also faced scrutiny for their environmental impact and alleged exploitation of import loopholes. “Temu and Shein have faced backlash both for taking advantage of import loopholes and for being wasteful and environmentally irresponsible,” said Sucharita Kodali, a retail analyst at Forrester. Kodali noted that Amazon Haul could face similar challenges.

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Despite these potential pitfalls, Amazon is focusing on low-cost offerings with products priced significantly below the $20 cap. The company cited examples such as a three-piece razor set and a necklace, bracelet, and earring set, each priced at under $3. To further attract shoppers, Amazon is offering free shipping on orders over $25, with expected delivery times between one and two weeks.

“Finding great products at very low prices is important to customers, and we continue to explore ways that we can work with our selling partners so they can offer products at ultra-low prices,” said Dharmesh Mehta, Amazon’s vice president of worldwide selling partner services. Mehta emphasized that the Haul shopping experience is still in its “beta” phase, with plans to refine and expand the platform based on user feedback.

Haul also promises that all listed products will be backed by Amazon’s product guarantees, ensuring consumer confidence in product safety. The move comes as global regulators increasingly monitor platforms that push mass-produced goods at exceptionally low prices. For instance, the European Commission initiated action against Temu in October over concerns about illegal product sales.

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“It’s still early days,” Mehta stated, adding that Amazon will assess customer feedback to adapt and improve the service in the coming months.

With Haul, Amazon is making its most significant foray yet into the competitive market for ultra-affordable, slower-shipping products—a market that has upended conventional retail practices and attracted millions of budget-conscious shoppers worldwide.

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Nvidia Unveils RTX 50-Series Chips at CES with AI-Powered Gaming Revolution

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Nvidia Unveils RTX 50-Series Chips at CES with AI-Powered Gaming Revolution

Nvidia CEO Jensen Huang has introduced the next generation of gaming chips, the RTX 50-series, during his keynote address at CES 2025 in Las Vegas. These cutting-edge chips leverage Nvidia’s Blackwell artificial intelligence (AI) technology, promising unprecedented gaming experiences with movie-quality graphics.


Huang showcased the capabilities of the RTX 50-series chips, claiming they are twice as fast as their predecessors. Priced between $549 (£438) and $1,999, the chips are designed to cater to a wide range of gamers, from casual players to hardcore enthusiasts.

In a live demonstration, the new chips produced stunning, highly detailed visuals with dynamic textures and complex maneuvers—all in real time. “It was awesome that they can do this in real time,” said Gary Yang, a robotics graduate student from Caltech. “Previously, we’d think of these graphics as pre-rendered.”

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The RTX 50-series chips will hit the market starting late January 2025. Early reactions from attendees at the CES event have been overwhelmingly positive. “I thought it was incredible,” said Scott Epstein of Agenovate AI, emphasizing Nvidia’s ongoing innovation.


The announcement comes as CES 2025 attracts over 150,000 attendees and 4,500 exhibitors, solidifying its reputation as the premier stage for tech innovation. Nvidia’s shares reached a record high in anticipation of Huang’s keynote, underlining the market’s confidence in the company’s direction.


Reflecting on Nvidia’s 31-year history, Huang highlighted the company’s evolution from a graphics chip manufacturer to a leader in AI chip development, now valued at over $3 trillion. Despite its achievements, Nvidia faces challenges from regulators worldwide scrutinizing its dominance in the AI chip market.

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The RTX 50-series chips mark a significant step forward in gaming technology, blending AI advancements with unparalleled performance.

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Volkswagen and Xpeng Join Forces to Expand EV Super-Fast Charging Network in China

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Volkswagen and Xpeng Join Forces to Expand EV Super-Fast Charging Network in China

Volkswagen and Xpeng have announced plans to collaborate on a vast super-fast electric vehicle (EV) charging network in China, marking a significant step in their partnership. The two companies signed a memorandum of understanding to share access to their respective charging networks, creating over 20,000 charging points across 420 cities in China.

The partnership, which aims to make EV charging more accessible, also includes plans for co-branded super-fast charging stations. Olaf Korzinovski, executive vice president of Volkswagen Group China, highlighted the ambition:
“Through our strategic collaboration with Xpeng, we will form one of the largest Super Fast Charging Networks in China, enabling seamless e-mobility not only in major cities but also in remote areas.”

The announcement sent Xpeng’s Hong Kong-listed shares up 3.4% by market close on Monday, while Volkswagen shares rose 2% in early European trading.

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The charging infrastructure is a critical aspect of EV adoption, allowing drivers to recharge their vehicles conveniently and drive longer distances. The partnership is expected to rival Tesla’s growing Supercharger network in China, adding competition to the rapidly expanding EV market.

Volkswagen has been intensifying its focus on the Chinese EV market. In 2023, the German automaker invested $700 million in Xpeng, acquiring a 4.99% stake in the company. By 2030, Volkswagen plans to introduce at least 30 fully electric models in China across its various brands.
In addition to the charging network, Volkswagen and Xpeng are working together on two electric car models, slated for delivery in China by 2026.

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Google CEO Sundar Pichai Navigates a Year of Highs and Workforce Tensions

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Google CEO Sundar Pichai Navigates a Year of Highs and Workforce Tensions

Google’s 2024 began with a high note when its April earnings report triggered the largest rally in Alphabet shares since 2015, propelling the company’s market capitalization past $2 trillion for the first time. The results signaled to Wall Street that Google was holding its ground in the competitive AI space.

However, inside the company, a different narrative unfolded. During an all-hands meeting following the earnings announcement, a top-rated employee comment highlighted concerns about morale, trust, and cohesion within Google’s workforce. “We’ve noticed a significant decline in morale, increased distrust, and a disconnect between leadership and the workforce,” the comment read. Another highly ranked question pointed to dissatisfaction with compensation, despite the company’s stellar performance.

These sentiments reflected broader challenges for CEO Sundar Pichai, who faced growing scrutiny from employees amid product missteps, layoffs, and questions about his vision for the company.

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Despite internal tensions, Pichai guided Google through a year of solid financial growth. The company saw strong revenue in key segments, including search advertising and cloud services. It also advanced its AI strategy, overcoming early product setbacks that included some high-profile embarrassments. By the end of 2024, Google’s stock had risen over 40%, outperforming the S&P 500 but lagging behind competitors like Meta and Amazon.

Internal shake-ups, including layoffs and reorganizations, further fueled unease among employees. Conversations with staff, recordings, and internal correspondence revealed a vocal workforce questioning the company’s direction and expressing concerns about leadership’s ability to maintain Google’s culture of innovation and trust.

As Google continues to evolve in the face of intense market competition and workforce expectations, Pichai remains at the center of navigating the delicate balance between meeting financial goals and addressing employee concerns.

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