Amazon
Amazon European hub in Luxembourg braces for record job cuts
After two weeks of talks, the job cull is lowered from 470 personnel to 370
Amazon says it will invest $35 billion in India by 2030 on AI, exports
Major US tech firms’ pledges in the country underscore its emergence as a hub for cloud, AI and deep-tech growth
Amazon rushes out latest AI chip to take on Nvidia, Google
AWS is the largest seller of rented computing power and data storage
Amazon cuts seller fees in Europe in Shein, Temu price war
The move is focused first on lowering fees for sellers of cheap fashion
Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22%
Amazon pledges up to US$50 billion to expand AI, supercomputing for US government
One gigawatt of computing power is roughly enough to power about 750,000 US households on average
Amazon seeks US$12 billion from first US bond sale in three years
Amazon is selling investment-grade bonds in as many as six parts
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with the ma...
Amazon sued over ‘punitive’ handling of employee absences
[NEW YORK] Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absenc...
