Latest News, Updates & Breaking Headlines
Microsoft is rolling out its second-generation artificial intelligence chip, Maia 200 AI chip. The all-new AI chip aims to be a potential alternative to leading processors from Nvidia and to offerings from cloud rivals Amazon and Google. The Maia 200 chip comes two years after Microsoft said it had developed its first AI chip, the…
Microsoft and Amazon are two of the biggest rivals. The two companies compete in the Cloud, with Microsoft Azure and Amazon Web Services (AWS). The two fight for customers as well sometimes for talent. However, a ‘crisis’ in America’s Washington State has brought the two together. The two companies — Microsoft and Amazon — recently…
Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…
Amazon is very upset with luxury retailer Saks Global. The ecommerce giant Amazon is pushing back against Saks Global’s bankruptcy financing plan. Saks Global filed for Chapter 11 bankruptcy protection recently. Amazon has warned that it may seek “more drastic measures” if Saks doesn’t “resolve” its concerns. Saks is the owner of department stores Saks…
MacKenzie Scott’s ex-wife, Jeff Bezos, has donated millions to the Solidaire Network, which funds groups facing FBI and congressional investigations for alleged Hamas ties. While Scott’s donations are unrestricted, the network supports organizations like Students for Justice in Palestine. Scott has given billions to various causes, impacting diversity programs and higher education. Amazon founder Jeff…
Zoho founder Sridhar Vembu criticizes tech giants for abandoning sustainability in the AI race, calling it ‘virtue-signaling.’ He highlights rising electricity costs due to AI data centers in the US, contrasting it with India’s necessity for an energy-efficient AI approach. Vembu believes this sustainable path is achievable, viewing climate change as a harmony issue, not…
Google co-founder Sergey Brin, 52, has become the world’s third richest person. According to Forbes’ Real-Time Billionaires List, Brin’s net worth grew by $4.9 billion to $255.6 billion, ranking him behind another Google co-founder Larry Page and Tesla’s Elon Musk with $277 billion and $725.3 billion, respectively. With this, Brin has surpassed Amazon founder Jeff…
Amazon is now closely monitoring office attendance, tracking not just presence but also exact hours spent by corporate employees. This escalation in surveillance, revealed by an internal document, flags ‘Low-Time Badgers’ and ‘Zero Badgers’ who don’t meet in-office expectations. The move follows a strict five-day return-to-office mandate, with similar tracking systems emerging at tech rivals…
Google recently unveiled Universal Commerce Protocol (UCP), a new open standard for agentic commerce that the search giant claims works across the entire shopping journey — from discovery and buying to post-purchase support. UCP establishes a common language for agents and systems to operate together across consumer surfaces, businesses, and payment providers to enable commerce….
Jeff Bezos often points out that long-term success comes from staying committed to an idea while remaining open to changing the approach. It’s almost official that Google founders Larry Page and Sergey Brin have cut ties with California. The two Google Guys have reportedly said Bye to California; joining the billionaires who have left the…
