Amazon adds $230 million in cloud credits to AI startups Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence... Published 13 Jun, 2024 03:18pm
Technology Google, Amazon, Apple lobby group opposes India’s EU-like antitrust proposal NEW DELHI: A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its ... Published 29 May, 2024 06:05am
Business & Finance Amazon to invest 15.7bn euros in Spain MADRID: Amazon’s cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data... Updated 23 May, 2024 06:19am
Business & Finance Amazon to invest $1.3bn in France, create 3,000 jobs STOCKHOLM: Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations... Published 13 May, 2024 11:41am
Business & Finance France secures jobs, investments from Amazon, Pfizer and Morgan Stanley PARIS: France secured on Sunday new jobs and investments with Internet giant Amazon, healthcare company Pfizer and... Published 13 May, 2024 06:08am
Technology Amazon says will invest $9 billion in Singapore SINGAPORE: Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its... Published 07 May, 2024 01:17pm
World EU faces uphill battle to rein in big tech BRUSSELS: The EU’s landmark curbs on how tech titans do business online kick in from Thursday, but just how far... Published 07 Mar, 2024 11:01am
World Jeff Bezos dethrones Musk to reclaim title of world’s richest man WASHINGTON: Amazon founder Jeff Bezos took back his spot as the world’s richest man on Monday, dethroning Elon Musk... Published 05 Mar, 2024 12:22pm
Markets Nasdaq nears all-time high; Nvidia beats Amazon’s market value NEW YORK: US stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors... Published 13 Feb, 2024 05:59am
Life & Style Alia Bhatt joins ‘urgent’ wildlife crime drama as executive producer 'Poacher', based on true events, tells the story of the largest ivory poaching ring in Indian history Updated 06 Feb, 2024 08:30pm
Technology Meta, Amazon beat expectations with stellar results SAN FRANCISCO: Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech... Published 02 Feb, 2024 02:51pm
Technology Amazon, iRobot abandon merger in face of EU opposition WASHINGTON: Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of... Published 29 Jan, 2024 08:18pm
Business & Finance Sony ditches tie-up with India’s Zee: reports TOKYO: Sony is pulling out of a $10 billion merger of its Indian operations with local rival Zee Entertainment,... Published 22 Jan, 2024 10:16am
Technology Amazon’s AWS to invest $15bn to expand cloud computing in Japan TOKYO: Amazon Web Services (AWS) said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by... Published 19 Jan, 2024 10:44am
Technology Amazon to lay off several hundred staff in Prime Video, Studios Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal... Published 11 Jan, 2024 02:53pm
Markets Wall St climbs on megacap boost NEW YORK: Wall Street’s main indexes climbed in choppy trading on Wednesday, underpinned by strength in some... Published 11 Jan, 2024 06:15am
Life & Style Netflix releases vast viewing data for first time LOS ANGELES: Netflix for the first time published detailed viewing figures about thousands of its shows and movies... Published 13 Dec, 2023 01:20pm
Life & Style Spotify cuts 17% of jobs as economic growth slows STOCKHOLM: Music streaming giant Spotify said Monday it would reduce the number of its employees by around 17... Published 04 Dec, 2023 06:15pm
Life & Style Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill NEW DELHI: Netflix, billionaire Mukesh Ambani’s Viacom18 and other streaming companies plan to collectively lobby... Published 01 Dec, 2023 07:44pm
Technology Second-hand shopping a $1-bln-plus business for Amazon in Europe LONDON: Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion pound... Published 29 Nov, 2023 10:45am
Business & Finance OpenAI staff threaten mass exodus to join ex-CEO Altman SAN FRANCISCO: Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday... Published 22 Nov, 2023 05:48am
World At APEC, Biden touts workers’ rights, stable Chinese relations SAN FRANCISCO: US President Joe Biden on Thursday said he would keep working to advance a Pacific trade pact, even... Published 17 Nov, 2023 10:37am
Business & Finance LCCI holds workshop on Amazon Training LAHORE: Lahore Chamber of Commerce and Industry Standing Committee on IT Infrastructure organized a workshop on... Published 16 Nov, 2023 05:39am
Technology Amazon sets new team to trains ambitious AI model codenamed ‘Olympus’ Amazon is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models... Published 08 Nov, 2023 12:08pm
Markets Wall St gains on megacap boost ahead of Fed verdict NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of... Published 31 Oct, 2023 05:26am
Markets Nasdaq jumps over 1pc as Amazon, Intel updates lift megacaps NEW YORK: The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down... Updated 28 Oct, 2023 06:34am
Life & Style Amazon, Walmart court early holiday shoppers in US with limited-time deals NEW YORK: Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and Tuesday, dangling... Published 10 Oct, 2023 04:46pm
Markets Wall St dives as jobs data fans rate worries NEW YORK: Wall Street’s main indexes slid more than 1% on Tuesday after a hotter-than-expected jobs report ... Published 04 Oct, 2023 06:20am
Technology Amazon to invest up to $4bn in AI firm Anthropic PARIS: Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps... Published 25 Sep, 2023 01:32pm
Life & Style Amazon to roll out ads on Prime Video in 2024 Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe for an ad-free... Published 22 Sep, 2023 07:28pm