Amazon

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.

Analysis / 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

PRESS RELEASE / 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.

June 24, 2023
June 24, 2023

Amazon raises investment in India to $26 bln by 2030

Amazon.com Inc (AMZN.O) said on Friday it will take its investments to $26 billion in India by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.

June 24, 2023
June 24, 2023

Google and Amazon commit to Modi to invest $25 Billion in India

In a significant move to bolster India's digital economy, global tech giants Google and Amazon have jointly pledged a massive investment of $25 billion. Sundar Pichai, CEO of Google, announced the company's commitment to invest $10 billion in India's digitisation fund during a meeting with Prime Minister Narendra Modi in Washington, D.C. Furthermore, Google unveiled its plans to establish a state-of-the-art global fintech operation centre in Gujarat.

May 12, 2023
May 12, 2023

There’s a new book out soon. Is it by Taylor Swift or BTS?

The guessing game began a few days ago, when an anonymous, untitled book scheduled for July 9, “4C Untitled Flatiron Nonfiction Summer 2023”, had Taylor Swift fans so convinced she had written a memoir that they made it a bestseller.

March 25, 2023
March 25, 2023

Amazon, other retailers revamp 'free' shipping as costs soar

There is no such thing as free shipping. Even so, Amazon.com Inc (AMZN.O) and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profits as costs climb and e-commerce contracts.

March 22, 2023
March 22, 2023

Amazon to lay off 9,000 more employees

“Given the uncertain economy and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said in a memo to staff.

February 24, 2023
February 24, 2023

ChatGPT-written ebooks thrive on Amazon

The Wise Little Squirrel has netted Schickler less than USD 100. It is enough to inspire him to compose other books using the software.

December 25, 2022
December 25, 2022

Microsoft to battle US over $68.7B Activision Blizzard deal

Microsoft recently filed a formal response to the FTC's claims that the $68.7 billion deal is an illegal acquisition that should be stopped.

December 19, 2022
December 19, 2022

AI-generated book receives criticism on the internet

Tthe story of a little girl named Alice and a robot named Sparkle who explore the frontiers of science and technology together.

December 5, 2022
December 5, 2022

Apple, Amazon to resume advertising on Twitter: Report

Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) are planning to resume advertising on Twitter, according to media reports on Saturday..The developments follow an email sent by Twitter on Thursday to advertising agencies offering advertisers incentives to increase their spending on the platf

November 27, 2022
November 27, 2022

Amazon food delivery to shut down in India

The food delivery service Amazon Food will be shut down in India on December 29, 2022.

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