Amazon

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.
29 November 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.
24 June 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.
24 June 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.
12 May 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.
25 March 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.
22 March 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.
24 February 2023

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.
25 December 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.
19 December 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
5 December 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.
27 November 2022

Amazon workers call worldwide strike on Black Friday

Workers at Amazon sites across the globe, including in the United States, Germany, and France, were expected to go on strike on Black Friday (November 25, 2022), targeting the online retailer on one of the busiest shopping days of the year with calls for better pay.
25 November 2022

Jeff Bezos to donate most of his assets to charity

Bezos stated that aside from donating his fortune to fight climate change and political divisions, he will also strive towards supporting needy people suffering from social setbacks. 
15 November 2022

Amazon plans to cut 10,000 jobs: Reports

Online retail giant Amazon is planning to cut 10,000 jobs, which is 3 percent of its global workforce, as it grapples with the uncertain economy taking over globally, the New York Times (NYT) and Wall Street Journal (WSJ) reported on Monday.
15 November 2022

AWS Outposts Rack service now available in Bangladesh

AWS Outposts rack, a part of the Amazon Web Services, can now be shipped and installed at data centres and on-premises locations in Bangladesh.
3 November 2022

Amazon faces US $1 billion lawsuit in UK for 'favouring its own products'

E-commerce giant Amazon.com is facing a lawsuit in Britain for damages of up to US $1 billion over allegations that the online marketplace abused its dominant position by favouring its own products, lawyers said.
20 October 2022

Debunking the myth of the bestsellers

Despite the exclusivity of the title, bookstores are flooded with "number one bestsellers".
11 October 2022

Big Tech and our right to know

The right to know doesn’t end with the existence of a law.
11 October 2022

TikTok influencers boycott Amazon

TikTok influencers, with over 51 million followers collectively, refuses to work with Amazon until the company halts anti-union activities and deliver key concessions to employees. 
24 August 2022

How tech giants took advantage of the pandemic

In a dramatic reversal of fortune for the big tech companies, Amazon and Facebook capitalised on being seen as essential for people in lockdown,
6 January 2022