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NBIS stock today rallies after Meta signs $27 billion AI infrastructure partnership with Nebius - here's what investors need to knowNBIS stock today: Nebius shares surged premarket after announcing a significant five-year agreement with Meta for AI infrastructure, potent...
Chinese ecommerce giant JD.com launches Joybuy in Europe, targeting AmazonJD.com wants to internationalise its business and last year agreed to buy German electronics retailer Ceconomy, owner of the MediaMarkt a...
UPC Volt to invest Rs 5,000 crore in 100-MW data centre at HyderabadUPC Volt will invest Rs. 5,000 crore in a 100 MW AI-ready data centre in Hyderabad, creating over 3,000 jobs during construction and 800 op...
Amazon expands 'sovereign cloud' in EuropeAmazon's cloud computing division said Thursday that it would expand its "sovereign cloud" across the European Union, hoping to cash in as ...
Inox Clean raises ₹3,100 crore from CalPERS, othersInox Clean Energy and its subsidiary Inox Solar have secured significant equity funding of ₹3,100 crore. This investment comes from major i...
Amazon stock price rises as company plans 30,000 corporate job cuts, expands AI, robotics investments. Here's restructuring process, impact on share price and CEO Andy Jassy’s strategyAmazon stock price rose after reports of 30,000 planned corporate job cuts aimed at streamlining operations and boosting efficiency. The mo...
Amazon to invest $1.6 billion in Dutch operationAmazon has around 1,000 employees in the Netherlands, where its online sales trail those of market leader Bol.com, a subsidiary of retail f...
Ambrane to invest Rs 100 crore to increase localisation from 70 to 100%Consumer electronics company Ambrane is determined to create 100% made in India products and is targeting Bharat and the global market.
Exporters on Amazon Global Selling to surpass $8 billion in cumulative exports from India in 2023Maharashtra, Delhi, Gujarat, Rajasthan, and Uttar Pradesh emerge as states with maximum number of exporters on the program.
Majority of EU countries against network fee levy on Big Tech: reportAt a meeting with EU industry chief Thierry Breton in Luxembourg on Thursday, telecoms ministers from 18 countries either rejected the prop...
Majority of EU countries against network fee levy on Big TechTelecoms ministers from 18 countries either rejected or criticised the proposed network fee levy on tech firms at a meeting with EU industr...
Amazon slams $265 million tax order as it seeks to get EU appeal thrown outThe European Commission in its 2017 decision said a Luxembourg tax arrangement allowing Amazon to channel profits to a holding company tax-...
US likely to cap level of South Korean chips made in China: officialIn October, South Korea's Samsung Electronics and SK Hynix, the world's top memory chip makers, received an one-year reprieve from US expor...
Construction startup Wify raises $2 million in funding led by Blume Founders Fund and Unitus VenturesMumbai-based Wify said it would use the capital to develop its technology and to invest in skilling blue-collar workers associated with the...
Prime Video teams up with NBCUniversal's hayu to bring popular reality TV shows to Indiahayu brings to Prime Video an extensive library of international reality shows which also includes "Keeping Up With the Kardashians" and it...
YCook gets $5 m from Binny Bansal-backed O21 Cap, othersThe funds will be used to improve factory, acquire certifications, boost marketing.
Home utility brand Bonita closes first round of funding from El Capital, othersThe money raised in this round will be spent on brand-building exercises, investment in new product development and launches, creating prod...