Amazon Web Services commissioned a study to provide an econometrical method for calculating the aggregate productivity gains realised by economies that adopt cloud computing
The US company’s cloud business, which has data centres in the Mumbai and Hyderabad regions has already invested $3.7bn in India from 2016 to 2022
The company is axing 27,000 mostly corporate positions after a hiring spree during the pandemic left the company with too many people
How Amazon is aiming to better serve customers through faster and more efficient delivery
The new facility will increase Amazon’s storage capacity by 70 per cent, supporting a wider selection of products for customers
Hyper-localisation is key to driving brand growth in new markets, says, the company’s regional general manager
One Medical operates more than 200 medical offices in 26 markets in the US
Investment represents Amazon Smbhav Venture Fund’s first direct foray into the D2C branded food space
The company’s spokesperson Laura Davis stated that the cuts were part of regular business planning
New deals include the launch of a data centre and two dedicated academies for developing technical skills and unearthing homegrown talent
The company’s current headcount is 260,000
The brand is working on a slate of devices, including new displays and a faster TV set-top box, after relaunching its larger HomePod speaker
Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand
The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting
Currently, AWS relies on recycled water for 20 of its data centres
Amazon says making its own chips will give customers more cost-effective computing power than they could get by renting time on processors
In recent earnings reports, Alphabet, Amazon, Meta Platforms, Microsoft and others fell short of projections, sending shares plunging and shaving hundreds of billions of dollars from their market valuations
Amazon employs hundreds of thousands of workers, whose dexterity and intuition currently let them pick and pack items more quickly and more reliably than existing machines
With the opening of the new office, Amazon is also working to launch an initiative to empower and train Saudi talent
The IP Accelerator connects SMBs with a network of curated intellectual property law firms for trademark registration and advisory services
The spinoff left Kyndryl with 90,000 employees and a large chunk of the legacy infrastructure services business that had been a drag on growth for IBM before the split
Apple is still retaining recruiters who are full-time employees and not all of its contractors were fired as part of the move
With many of the biggest tech giants poised to report earnings in the next two weeks, investors are bracing for mostly bad news
Gulf Business recently visited Amazon’s largest delivery station in Abu Dhabi to get the details
Significant numbers of employees are moving from tech firms like Amazon.com and Microsoft to fintech companies
The 4,700sqm delivery station is the second largest in the country and provides same-day and next-day deliveries to customers
The programme aims to establish more than 30 new startups and create hundreds of job opportunities during the first three years
In the report, online shoppers were surveyed, to understand their shopping behaviour, including how they are using Amazon and Noon
ValU has a current post-money valuation $235m
The multiyear agreements are intended to upgrade the company’s current system of hosting and maintaining software applications