Amazon has announced a major $13 billion investment to expand its AI-powered data centres across Australia. This is the company’s biggest project in the region and will run through 2029. The move comes as demand for cloud computing and artificial intelligence continues to grow globally. The investment will create many skilled jobs and improve Australia’s […]
amazon
Amazon makes bold bid to save TikTok from US ban
Amazon has made a last-minute offer to purchase TikTok, which is facing a potential ban in the United States if it is not sold by its Chinese owner, ByteDance. The offer was made in a letter to officials involved in negotiations about the sale. The goal is to address national security concerns over TikTok’s ties […]
Amazon’s subscription spat is anything but prime
NEW YORK, June 22 (Reuters Breakingviews) – Amazon.com’s (AMZN.O) Prime service is a club that’s hard to quit – literally. Competition cop Lina Khan filed a complaint on Wednesday alleging that the e-commerce giant enrolled U.S. customers in its subscription product unwittingly and made cancellation unlawfully difficult. When it comes to sharp sales practices, other companies have done worse, […]
Google, Amazon, Meta, Microsoft, 15 others subject to EU content rules
BRUSSELS, April 25 (Reuters) – Alibaba’s (9988.HK) AliExpress, Amazon’s (AMZN.O) Marketplace, Apple’s App Store and 16 other tech companies will be subject to new EU online content rules as of August, EU industry chief Thierry Breton said on Tuesday. The other 16 companies are booking.com (BKNG.O), Facebook (META.O), Alphabet’s (GOOGL.O) Google Maps, Google Play, Google Search, Google Shopping, Instagram, Linkedin, Pinterest, Snapchat, […]
Apple, Google issue ‘warning’ to Amazon over Kindle App
Apple and Alphabet-owned Google have warned Amazon after the companies learnt that sexually explicit photographs can be accessed by children on the popular Kindle app. The companies called on Amazon to strengthen its content moderation. “We’ve shared these concerns with the developer and are working with them to ensure their app is compliant with our guidelines,” a Reuters […]
Amazon announces to slash 9,000 jobs
Amazon CEO Andy Jassy said on Monday that he was cutting 9,000 more jobs from the online retail giant’s workforce, following the 18,000 that were axed in January. “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 […]
Amazon layoffs to extend into 2023
Amazon.com said on Thursday there would be more role reductions as its annual planning process extends into next year and leaders continue to make adjustments. “Those decisions will be shared with impacted employees and organizations early in 2023”, said Andy Jassy, who became the company’s Chief Executive Officer in 2021, in a letter to Amazon […]
Amazon lays off some devices unit staff as it targets 10000 cuts
Amazon.com Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since media outlets including Reuters reported its layoff plans on Monday, heralded a […]
Amazon to stream first-ever ‘Black Friday’ game in 2023
Amazon to stream first-ever ‘Black Friday’ game in 2023. The National Football League (NFL) announced its first-ever “Black Friday” game will stream on Amazon Prime Video next year, building on the relationship between the league and the streaming giant. The NFL already has a stranglehold on Thanksgiving broadcasts, with its annual lineup of Thursday games […]
Bollywood faces its biggest-ever crisis
Bollywood film industry, long part of the cultural fabric of the movie-mad country of 1.4 billion people, is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle. The South Asian giant churns out on average around 1,600 films each year, more than any other country, traditionally headlined by glitzy Bollywood, […]