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Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
Shadowfax reports 8x jump in Q1 net profit, revenue up 65%The Bengaluru-based company reported strong growth across its core businesses in the June quarter, led by its express delivery segment. The...
Amazon, Flipkart slash fees as battle for smaller cities intensifiesE-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sell...
AI Boost: Amazon shares jump on blockbuster earnings, upbeat outlookAmazon exceeded second-quarter expectations as strong AWS growth, expanding AI businesses and rising cloud demand boosted profits, reinforc...
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
US regulator advances rules for steering wheel-free autonomous carsFederal regulators are allowing robotaxis to operate without steering wheels and potentially brake pedals. Amazon's Zoox vehicles received ...
US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
US stocks: US market ends sharply higher, lifted by soaring MicrosoftWall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...
Srinivasa Mangapuram OTT release: When and where to watch Jaya Krishna Ghattamaneni, Rasha Thadani's Telugu movie after its theatrical runThe Telugu romantic action film Srinivasa Mangapuram was released in cinema halls worldwide today. Its digital streaming partner has been o...
Scientists uncover a lost Amazon civilization hidden beneath the rainforest using lasers, may have been home to 3 million peopleAncient earthworks discovered using LiDAR technology reveal a large Aquiry civilization. These geometric structures suggest extensive human...
Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8...
Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Sw...
Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats upMyntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who r...
Amazon eyes 2028 launch for direct-to-phone satellite networkAmazon's satellite venture plans to connect smartphones directly to space. This new service aims to provide voice, messaging, and data glob...
AI investment boom faces growing credit risks as hyperscalers ramp up debt: JefferiesInvestors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasing...
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
Amazon's Bezos pushes Prime Video redesign focused on AIJeff Bezos is pushing Prime Video's overhaul to highlight Amazon's AI. The project, known as Lighthouse, aims to showcase AI for millions o...