Amazon to invest up to $4 billion in OpenAI rival Anthropic
Amazon will become a minority shareholder in generative artificial intelligence (AI) startup Anthropic.
amazon
September 2023
August 2023
June 2023
May 2023
April 2023
March 2023
February 2023
NCDRC dismisses Cloudtail's appeal against CCPA order on pressure cooker sales
CCPA had directed CLoudtail to recall the 1,033 units of domestic pressure cookers sold by it to consumers and reimburse the prices
Tata Power, Amazon among most attractive employers in India: Randstad
Amazon climbed up rankings this year to emerge as the runner-up, followed by another new entrant in the top 3 list - Tata Steel
Meta initiates 3rd round of layoffs
Mark Zuckerberg-led Meta announced a three-part layoff round in March 2023 after firing around 11,000 employees in November last year
AWS India wants billions coming, but not in profit
Aggressive capital spend of $12.7 bn for a stranglehold in the cloud business could see profitability elude the Indian operations
Koo cuts 30% of workforce; says ‘focussed on efficiency than growth’
The development comes a day after reports that said global tech giants Amazon and Meta have again resorted to layoffs
Tech layoffs: Amazon, Meta may announce more job cuts this week
Last month, Amazon announced that the company will be trimming 9,000 more positions in the next few weeks, mostly in AWS, PXT, Advertising, and Twitch.
Amazon to eliminate 9,000 more jobs in 2nd round; count reaches 27,000
Amazon CEO Andy Jassy, in an email to employees, says it was a “difficult decision”, but it is best for the company long-term.
Kishore Biyani withdraws resignation as Future Retail executive chairman
Biyani tendered his resignation from his position as the executive chairman of the company on January 23 this year.
Amazon to join ONDC with logistics, SmartCommerce offerings
ONDC was launched in line with the government's start-up India initiative on December 30, 2021, to curb the presence of digital monopolies in the domestic ecommerce market.
