tech:

taffy

Quick take on E-Commerce in Brazil

Zia Daniell Wigder, principal analyst, and research director with Forrester, talks about the e-commerce ecosystem in Brazil. Read about it here.

Some of the key findings include:

a] Multi-channel functionality is catching up. “While there are few options like in-store pickup or returns currently available on leading retailers’ e-commerce sites, the fact that many of the large traditional retailers are active in eCommerce means that multichannel functionality is poised to be a core area of investment going forward,” says the report.

b] Global eCommerce players are not playing in Brazil. Amazon does not have a presence in Brazil. “As in markets like China, leaders in the space are local companies or regional players like MercadoLivre.”

c] Knowledge about e-commerce best practices is not lacking. “Retailers’ tempered adoption of advanced tools and features tends to be a calculated approach rather than due to a lack of familiarity with the technologies or options available.”

Just in

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.