Industry economics)
Eid holiday gives boost to e-commerce
The Islamic holiday of Eid al-Adha, which usually increases domestic tourism activity, has also helped boost sales on e-commerce platforms in Türkiye.
Online shopping rose around 30 percent, with sales of certain items, such as deep freezers and tires, increasing significantly, said Hakan Çevikoğlu, head of the E-commerce Enterprises Association (ETİD).
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Twitter’s future uncertain as it faces messy breakup with Musk
Courted and then jilted by the world's richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more -- but the company will not emerge unscathed.
The entire saga has left observers baffled by what Wedbush analyst Dan Ives described as "one of the craziest business stories ever."
Elon Musk no longer wants to Buy Twitter
The entrepreneur Elon Musk announced that he was terminating the deal for the purchase of "Twitter" worth 44 billion dollars, world agencies reported. According to his lawyers, the company did not respond or refused to respond to numerous requests for information about the fake accounts on the network.
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Samsung Electronics forecasts 11 pct rise in profits
Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement yesterday, despite ongoing global supply chain woes.
The world's biggest smartphone maker forecast 2022 second-quarter operating profits of about 14 trillion won ($10.7 billion), up from 12.6 trillion won in the same quarter last year.
China will soon Take Over 90% of the Russian Electronics Market
China is comfortably settling into the Russian electronics market, as their smartphones, tablets, computers, home appliances, and more are actively filling the market space vacated by Western companies.
Tesla deliveries fall with temporary closure of China factory
Tesla's deliveries of electric vehicles fell in the second quarter compared to the previous one due mainly to a weeks-long closure of its factory in China, the company has said.
Elon Musk's enterprise delivered 254,695 vehicles from April to June, it said in a statement.
About half say Trump should be charged for 1/6: AP-NORC poll
About half of Americans believe former President Donald Trump should be charged with a crime for his role in the U.S. Capitol attack on Jan. 6, 2021, a new poll shows.
Apple workers vote to unionize at Maryland store
Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin on June 18, a union said, joining a growing push across U.S. retail, service and tech industries to organize for greater workplace protections.
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Global chip shortage likely to last through 2023: US official
The global shortage of critical semiconductors is likely to last at least through next year and perhaps longer, U.S. Commerce Secretary Gina Raimondo warned.
New e-commerce law soon to be finalized
Work on new legislation on e-commerce, which would include regulations protecting local companies, is expected to be finalized and submitted to parliament soon.
The new law aims to curb the fast growth in the industry and guard against the competition, according to daily Milliyet.
President Recep Tayyip Erdoğan in April unveiled plans to introduce new rules for e-commerce.
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