Amazon
Amazon wants to be everything to everyone
Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network
Amazon to hire 250,000 workers for upcoming holidays
Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, matching its hiring efforts from last year, as per a recent Reuters report.
Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe
The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws
What we know about the fire 'pandemic' plaguing Brazil
Nearly two-thirds of Latin America's biggest country is under smoke.
Amazon enforces five-day workweek for employees
Amazon has announced a new policy that will require employees to be physically present at the office five days a week starting next year, toughening its previous three-day office mandate. Additionally, Amazon is ending a program that previously allowed employees to work from anywhere for up to four months each year.
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
Jeff Bezos plans to sell Amazon shares worth $5 bln
Jeff Bezos, founder and executive chairman of Amazon, is planning on selling shares of his company that are worth almost $5 billion, according to a recent regulatory filing. This takes place after Amazon's stock hit a record high recently, with the e-commerce giant currently standing at a $2.056 trillion market cap.
Amazon reaches $2 trillion valuation for the first time
Amazon.com, the US-based tech and e-commerce company, has reached a valuation of $2 trillion for the first time. This makes it the fifth US company to reach this market value, a rise that is being attributed to the recent AI boom.
Amazon wants bonded warehouse in Bangladesh,Titu says
American e-commerce giant Amazon wants central bonded warehouse facilities in Bangladesh to enjoy tax benefits, said State Minister for Commerce Ahasanul Islam Titu yesterday
China's Huawei and Amazon in patent licencing agreement
Huawei had ended lawsuits brought against Amazon in Germany over patented technology related to wifi and video playback
Bezos, Nvidia join OpenAI in funding humanoid robot startup
Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million
AI frenzy puts Nvidia briefly ahead of Amazon in market value
At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant Amazon.com
Jeff Bezos sells off $2 billion in Amazon shares
Jeff Bezos has sold off about $2 billion in shares of Amazon, according to stock market filings.
When Amazon's new AI tool answers shoppers' queries, who benefits?
Amazon's new artificial intelligence assistant is raising as many questions as it answers
Bezos to sell up to 50 million Amazon shares by Jan 31 next year, filing shows
Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year
Shothik AI gets selected for Google for AI Startup Cloud Program
Shothik AI, a Bangladeshi AI-based startup has recently received USD 350,000 from Google for AI Startup Cloud program and USD 100,000 from Amazon.
US tech and media company layoffs in 2024 so far
Notable major technology and media corporations in the United States have begun 2024 with a fresh round of job cuts, with reasons citing the global economic crisis that is expected to remain persistent in the new year. Let's take a look at the US tech and media companies that have fired or plan to fire a large percentage of their employees in 2024.
Amazon to take help from rival SpaceX to launch Kuiper satellites
The e-commerce giant Amazon recently announced that it has secured three Falcon 9 rocket launches from their rival company SpaceX to deploy its Project Kuiper satellite network.
Amazon unveils new AI chip for training AI
Amazon has recently unveiled its brand new AI chip that will be used for the company's cloud computing service. Named Trainium2, the second-generation chip is designed for training AI systems and is said to be four times faster and twice as energy efficient as its previous model.