Latest News, Updates & Breaking Headlines
Amazon recently held its annual event AWS re:Invent. The conference is an annual gathering for the cloud community, featuring keynotes, technical sessions, and innovation talks. Amazon Web Services (AWS) is Amazon’s on-demand cloud platform. CEO Matt Garman spoke with Acquired podcast hosts Ben Gilbert and David Rosenthal at the event. Garman spoke about a range…
Google co-founders Larry Page and Sergey Brin have moved into the top 5 richest people in the world, after a massive reshuffle in the global wealth rankings, according to Forbes’ Real-Time Billionaires List. The rapid increase in their wealth has been directly attributed to the successful launch of Google Gemini 3 AI model. Essentially, Larry…
Amazon announced last month that it is cutting around 14,000 corporate jobs. Amazon’s senior vice president of people experience and technology, Beth Galetti shared a blog post announcing the job cuts. In the post, Galetti said the company is making “organizational changes across Amazon” that will result in an “overall reduction in our corporate workforce…
Amazon CEO Andy Jassy provided a detailed update on the company’s hardware solution for managing the intense heat generated by AI chips. This system is particularly useful in data centres that house powerful GPUs, such as Nvidia GPUs. In a recent post on the social media platform X (formerly Twitter), Jassy explained that every cloud…
Meghan Markle is set to appear on screen once again, marking her first acting role in more than seven years. The Duchess of Sussex will make a cameo in the upcoming Amazon MGM comedy film Close Personal Friends, which is currently being filmed in Los Angeles. The film stars Lily Collins, Jack Quaid, Brie Larson,…
Perplexity AI is very upset over the legal notice that the company has received from Amazon. The ‘Cease and Desist’ notice from Amazon asks Perplexity to block its AI agent on the Comet browser from making purchases on Amazon’s platform on behalf of users. Perplexity has rejected Amazon’s claims, accusing the e-commerce giant of using…
Wall Street moved higher on Friday, powered by a sharp rise in Amazon shares that helped push the S&P 500 near record levels and positioned it for another strong week and month. The S&P 500 climbed 0.6%, recouping most of Thursday’s losses and nearing its all-time high set earlier in the week. The index is…
Amazon is laying off around 14,000 corporate positions, marking its biggest job cuts since the pandemic-era reductions that saw 27,000 employees exit between 2022 and 2023. The layoffs represent approximately 4% of Amazon’s 350,000-strong white-collar workforce and come despite the company posting $18 billion in quarterly profits. Affected employees received termination notices on the morning…
AI generated image for representation Amazon has dismissed a recent report that alleged the company was planning to replace 600,000 jobs with robotic automation. The e-commerce giant called the report, which is based on internal documents, “wrong” and “incomplete.” The New York Times report in question cited several internal strategy documents to claim that Amazon…
