Giant tech companies, Amazon, Microsoft and Google are building datacenters that deploy vast amounts of water in some of the world’s driest areas, an investigation by Source Material and the Guardian has revealed. Before proceeding, let us pause at this juncture, for a comparative analysis of the three giants. Amazon Web Services (AWS), Microsoft Azure, […]
Amazon Web Services, (AWS), an Amazon.com, Inc. company has announced the launch of a new AWS Local Zones location in Lagos, Nigeria. AWS Local Zones are a type of infrastructure deployment that places AWS compute, storage, databases, and other services near large population, industry, and information technology (IT) centers—enabling customers to deploy applications that require […]
Amazon on Wednesday announced that it will acquire film production company Metro Goldwyn Mayer (MGM) for $8.45 billion. The deal marks Amazon’s second-largest acquisition ever behind Whole Foods and will drastically increase the number of film and television titles available on Prime Video. “The real financial value behind this deal is the treasure trove of […]
Amazon has announced that it will establish its African headquarters in Johannesburg, South Africa. The City of Cape Town has approved the R4 billion River Club mixed-use building, which will be Amazon’s new home in Africa, according to authorities in Cape Town. This comes just a week after Twitter announced Ghana as the location of […]
Amazon received Food and Drug Administration authorization for a Covid-19 test made by its subsidiary STS Lab Holdco, and it plans to use it for its onsite coronavirus testing programs. The test is done using a nasal self swab that can be done either under the supervision of a health care provider or as part […]
Despite the problems facing the team, Amazon’s incoming Chief Executive Officer (CEO), Andy Jassy, says he’s committed to Amazon’s video game development efforts. Jassy in a staff email seen by Bloomberg stated that some businesses take off in the first year, and others take many years. “Though we haven’t consistently succeeded yet in AGS [Amazon […]
Amazon will raise fees for Spanish companies using its platform by three per cent from April after the government imposed a digital tax, a company document seen by Reuters showed. An Amazon spokesman confirmed the so-called Google tax, which Spain began charging on revenues of large digital companies from Jan. 21, would hit users of […]
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Online retail giant Amazon has launched an internet pharmacy in India, marking its entry into the country’s online medicine market. Amazon Pharmacy will make its debut in Bangalore and it may be trialled in other Indian cities. The move comes as the online drugs business has been given a major boost during the coronavirus pandemic. […]
The full impact of the Covid-19 pandemic on businesses is yet unknown, but firms are devising strategies to cope with the new normal. For MultiChoice, partnering with and integrating other content providers like Netflix and Amazon into its offerings might be one of its winning strategies. According to available information on its website, MultiChoice has […]
Despite losing an estimated $38 billion as part of his recent divorce, the Amazon CEO Jeff Bezos’ colossal wealth is growing at such a rate that Bezos could become inaugural member of the 13-figure club by 2026, at an age of 62, says a new study by Comparisun. Amazon founder Jeff Bezos is still by far the […]
An appeals court on Friday upheld most of the restrictions placed on Amazon’s French warehouses after a union brought the company to court over its coronavirus precautions. The US-based internet retail giant halted all operations at its warehouses last week, although it appealed the April 14 ruling that it had not paid proper heed to […]
The Auschwitz Memorial criticized Amazon on Sunday for fictitious depictions of the Holocaust in its Prime series “Hunters” and for selling books of Nazi propaganda. Seventy-five years after the liberation of the Nazi German Auschwitz death camp by Soviet troops, world leaders and activists have called for action against rising anti-Semitism. Read also: Sterling Bank […]
Jack Ma who is one of the world’s richest men and arguably China’s most famous entrepreneur. The Alibaba co-founder is now set to step down from his role as chairman of the e-commerce giant. As he celebrates his 55th birthday, Ma will hand over the reins to Daniel Zhang, the company’s CEO who Ma handpicked […]
An American multinational technology company, Amazon Inc on Friday dropped the first eight episodes of its wildly ambitious and very expensive fantasy series, Carnival row on Amazon prime video. Carnival row is a vague story set in a Victorian-ish fantasy world that discusses about xenophobia and the refugee crisis, disguised in fantasy clothing. A Hollywood reporter, […]
Apple, Google, and Amazon are the top three most valuable brands in the world, according to an annual report that underlines the dominance of the US tech companies. Interbrand, which assigns a dollar value to each brand based on factors such as financial performance and brand strength, ranked Apple first in 2018 with a brand […]
World’s leading online shop, Amazon.com Inc is considering a plan to open as many as 3,000 new ‘Amazon Go cashierless stores’ in the next few years. Bloomberg reported on Wednesday that shares of U.S. supermarket chains Kroger Co (KR.N) and Target Corp (TGT.N) fell between 1 and 2 percent following the news. Amazon shares were […]
Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line. Shares rose more than 6 percent in extended trading, after […]
The certificate by the FAA comes with restrictions but it advances Amazon’s plan to deliver packages using unmanned aircraft. Amazon has won approval from US federal regulators to test a delivery drone outdoors. The Federal Aviation Administration has issued an experimental airworthiness certificate allowing test flights over private, rural land in Washington state. Under the provisions, […]