Tag: Amazon
Amazon eliminating 16K jobs amid generative AI push
This comes months after CEO Andy Jassy announced plans to reduce its total corporate workforce by using generative AI “extensively”…
Inside Amazon’s AI shake-up: Fewer workers, more Machines
While large-scale job cuts are not currently planned, the company reportedly intends to leave many vacant positions unfilled. However, insiders…
Davido’s ‘Unavailable’ occupies top 10 spots on Amazon ‘best selling songs’ chart
On August 14, Davido also teamed up with Major Lazer, the Jamaican-American electronic music trio, for a new version of…
Amazon shuts down business in India
Amazon Distribution, its wholesale e-commerce website available to small neighbourhood stores in Bengaluru, Mysore and Hubli, was designed to help…
Mass Sacking and Retrenchment by Technological Companies, Causes and Future Outlook
The COVID-19 pandemic brought about a sudden surge in demand for tech products and services as people worldwide turned to…
Amazon exploring offer for Peloton: Source
Shares of Peloton surged 30% in extended trading on the news, which comes days after activist investor Blackwells Capital urged…
U.S. NSA triggers fresh cloud computing war between Microsoft, Amazon
This followed reports that the agency had quietly awarded a contract worth up to $10 billion to Amazon Web Services.
G7 nations reach deal on taxing Google, Amazon, Facebook, others
Tech giants and multinational companies such as Amazon, Google, Facebook will no longer be able to shift profits to low-tax…
Jeff Bezos sells $2 billion worth of his Amazon shares
Amazon boss Jeff Bezos has sold nearly 2 billion dollars' worth of his shares in the online retailer this week.
Amazon set to produce first Indian movie Ram Setu
Amazon Prime Video has announced that it is producing a Bollywood film, titled Ram Setu, the streaming giant's film debut…
Meet Nick Mocuta: Amazon expert helping people achieve financial freedom
The one thing that has more than once been found to have expanded an individual's inclination towards peace and satisfaction…
Just IN: Jeff Bezos stepping down as Amazon CEO
Jeff Bezos is stepping down as CEO of Amazon, the company he founded 30 years ago. He will be replaced…
Amazon faces class-action lawsuit over eBook pricing
Amazon.com Inc was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks…
Amazon, Apple unplug Parler network favoured by Trump supporters
Apple Inc and Amazon.com Inc have suspended the social networking service Parler from their respective App Store and web hosting.
EU lawmakers suspect Amazon boss Jeff Bezos of spying on them
European Union lawmakers have sent a letter to Amazon CEO, Jeff Boss asking if he is spying on them through…