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Amazon Sees Dip in Sellers Signing Up to Sell Counterfeits

What’s happening Amazon is increasing investments aimed at keeping counterfeit products off its site, according to an annual report, part of its effort to protect consumers from fraudulent products and businesses from knock-offs. Why it matters E-commerce has made it easy for counterfeiters to sell sham goods to millions of people, defrauding consumers and legitimate businesses. Amazon said it ramped …

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Wearables Market Falls for First Time Ever, IDC Says

Quarterly global shipments of wearable smart devices have declined for the first time ever, according to a Tuesday report by International Data Corporation. Overall shipments of smartwatches, earbuds, glasses and other wearables totaled roughly 105.3 million units in the first quarter of 2022, a 3% drop year over year.  Xiaomi, Huawei and Samsung experienced the largest losses, with growth declining 23.8%, …

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