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Tag: Amazon
Amazon Could Pay $7 Billion for Decart as Battle Over AI Chips Moves Beyond Nvidia-thumnail

Amazon Could Pay $7 Billion for Decart as Battle Over AI Chips Moves Beyond Nvidia

Amazon is reportedly in talks to buy artificial-intelligence startup Decart for around $7 billion, a deal that would push the company deeper into the software layer sitting between AI models

AI

Oct 12, 2026

Amazon Commits $1 Billion to Data Centre Communities as Local Resistance Grows-thumnail

Amazon Commits $1 Billion to Data Centre Communities as Local Resistance Grows

Amazon is putting more than $1 billion into communities surrounding its US data centres as the rapid expansion of artificial intelligence infrastructure runs into growing concern over electricity demand, water

News

Oct 3, 2026

Amazon Expands India Logistics Network With 150 New Delivery Stations Ahead of Festive Season-thumnail

Amazon Expands India Logistics Network With 150 New Delivery Stations Ahead of Festive Season

Amazon has expanded its logistics footprint across India ahead of the festive shopping season, adding 150 last-mile delivery stations across 118 cities along with new fulfilment and sortation facilities. The

E-Commerce

Sep 14, 2026

Amazon India Launches Low-Cost, Unbranded Vertical Under Bazaar-thumnail

Amazon India Launches Low-Cost, Unbranded Vertical Under Bazaar

ET originally reported on February 21 that Amazon was allowing merchants to post unbranded products priced below Rs 600, such as clothes, watches, shoes, jewelry, and bags. Amazon has secretly

Business

Apr 6, 2024

Amazon-Backed XYXX Announces Its First ESOP Buyback-thumnail

Amazon-Backed XYXX Announces Its First ESOP Buyback

The D2C clothing company has announced that eligible employees can now liquidate their sticks at a 6x premium with 0 strike price. The qualified personnel pool includes senior managers, department

Business

Apr 1, 2024

Cinco Dias Reports That Meta Leases the Data Centers of the Spanish Real Estate Firm Merlin-thumnail

Cinco Dias Reports That Meta Leases the Data Centers of the Spanish Real Estate Firm Merlin

Cinco Dias, a newspaper, said on Wednesday that Facebook’s owner Meta Platforms had rented data centers owned by Spanish real estate company Merlin Properties. The allegation cited unnamed individuals inside

Business

Jan 31, 2024

Faced With Sluggish 5G Deployment, EU Telecoms Single Out Big Tech Once Again-thumnail

Faced With Sluggish 5G Deployment, EU Telecoms Single Out Big Tech Once Again

 ETNO, a European telecoms lobbying organization, challenged Big Tech on Monday to help pay for the implementation of 5G and the internet, releasing statistics demonstrating that Europe lags behind the

Business

Jan 29, 2024

Bloomberg News Reports That Mackenzie Scott Has Reduced His Stake in Amazon by $10 Billion-thumnail

Bloomberg News Reports That Mackenzie Scott Has Reduced His Stake in Amazon by $10 Billion

The ex-wife of Amazon.com (AMZN.O), MacKenzie Scott, opens a new tab. According to Bloomberg News, billionaire CEO Jeff Bezos sold 65.3 million shares of the massive e-commerce company last year.

Business

Jan 27, 2024

According to a Business Spokesman, Amazon Expects $20 Billion in Exports From India by 2025-thumnail

According to a Business Spokesman, Amazon Expects $20 Billion in Exports From India by 2025

A business executive said on Friday that Amazon is aiming for $20 billion in item exports from India by 2025 by adding thousands of small vendors to its e-commerce platform.

Business

Nov 17, 2023

In 2024, Amazon Will Launch An Online Shopping Service In South Africa-thumnail

In 2024, Amazon Will Launch An Online Shopping Service In South Africa

Amazon, a U.S. online retailer, announced on Tuesday that it would introduce its online shopping service in South Africa in 2024, taking on TakeAlot from Naspers, a company that now

Business

Oct 17, 2023

A list of the top 10 technology companies in United States in 2026-thumnail

A list of the top 10 technology companies in United States in 2026

Some of the biggest corporations in the technology sector, including the Big Four and social media behemoths, are based in the United States. These companies have dominated their respective markets,

Industry

Aug 3, 2023

Amazon will host Prime Day in India later next month despite poor online retail sales-thumnail

Amazon will host Prime Day in India later next month despite poor online retail sales

Amazon is preparing for its signature sale event Prime Day in India around the end of July after a comparatively slower-than-expected first quarter for retailers in this country, according to

E-Commerce

Jun 27, 2023


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