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BENGALURU: Amazon’s quick commerce push in India is gaining early traction, with orders on its Amazon Now service growing about 25% month on month, chief executive Andy Jassy said during an analyst call, as the company ramps up investments in one of its fastest-growing markets. “We continue to expand our ultrafast delivery service, Amazon Now,…
Amazon has sealed a $30 million (Rs 280 crore) deal to buy carbon credits generated by rice farmers in India. The agreement is among the largest of its kind globally and the first at this scale in the country’s agriculture sector.According to sources cited by ET, the credits will come from the Good Rice Alliance,…
In today’s world, where satellites can track virtually all areas on Earth’s surface, it sounds unlikely that there are populations that have managed to remain completely away from the influence of modern civilisation. However, in the dense jungles of the Amazon, there are some tribes that have consciously decided not to have any contact at…
Amazon is helping the US Army and its allies build an online marketplace that will make procuring drones easier. The e-commerce giant’s cloud unit, Amazon Web Services (AWS), has played a key role in building an online storefront designed to speed up soldiers’ access to the technology reshaping modern warfare, a report claims. The US…
China’s e-commerce giant JD.com has launched its online shopping platform called Joybuy in Europe. As reported by CNBC, the company aims to rival Amazon along with other domestic rivals in the country. The platform promises fast deliveries and high-quality products to get an edge on rivals. Joybuy, the report says, is live in six new…
Amazon’s Cloud Unit shut down temporarily after ‘Objects Hit’ UAE data centre facility. Amazon Web Service (AWS) confirmed that at approximately 4:30 AM PST on March 1, “objects struck” the facility in availability zone mec1-az2, creating sparks and igniting a fire. The UAE fire department cut power to the building. The zone went dark. In…
Jeff Bezos loses World’s 4th richest position to Mark Zuckerberg as markets is ‘unhappy’ with Amazon’s … Amazon founder Jeff Bezos has slipped behind Meta CEO Mark Zuckerberg in the global wealth rankings after Amazon’s latest earnings report failed to meet market expectations. According to Forbes Billionaires List 2025, Jeff Bezos’ net worth was reduced…
Amazon stock witnessed a plunge of 11% in extended trading on February 5, erasing more than $250 billion in market value after the company introduced a $200 billion capital expenditure plan for 2026. According to a report by CNBC, this was the highest plunge among the megacap tech firms, far exceeded Wall Street expectations by…
Amazon has introduced a temporary remote work policy for employees stranded in India due to H-1B visa delays, but the company’s latest memo makes clear that these workers cannot actually perform most of their job functions.US investor and Ed-Tech chairman Hany Girgis weighed in on the situation on X, saying Amazon “found a workaround for…
Panos Panay, senior vice president of devices and services at Amazon Panos Panay, Amazon’s head of devices and services, has predicted a big change in consumer technology. According to the executive, the current tech like smartphones and apps is approaching a tipping point due to social media and the rise of generative AI. He said…
