Why Amazon didn’t make the cut in China

Source: TechInAsia When Amazon announced recently that it was giving up the ecommerce business in China, it wasn’t because of Chinese protectionism. Retail, after all, is almost the only sector where Beijing doesn’t favor the locals. LVMH, Prada, Gucci, Zara, H&M, and Uniqlo all prosper. It’s a rare, relatively level playing field for foreign companies, a sector … Read more

India’s Vodafone Idea Inks 5-Year IBM Cloud Contract

Source: LightReading ARMONK, NY — IBM signed a multi-million-dollar five-year agreement with Vodafone Idea to deliver an enhanced customer experience to millions of connected consumers and businesses in India. In addition, this engagement will also contribute to Vodafone Idea’s merger objectives by reducing its IT related costs. The collaboration will provide Vodafone Idea with a … Read more