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AMAZON OPERATIONS PAUSE
Amazon halts operations with 21 Air, owner of crashed Miami cargo planeAmazon has suspended its work with 21 Air LLC following a deadly plane crash. The cargo plane overshot the runway and tragically killed fiv...- Xi Jinping to bring large CEO delegation on US visit, sources sayPresident Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to ...
- Tesla’s wildest ride yet: Musk puts steering-wheel-free Cybercabs on Austin streets, daring Americans to let goMusk’s Tesla has begun testing a new generation of Cybercabs on Austin streets that have neither steering wheels nor brake pedals, placing ...
- Anthropic resumes external cyber tests after Claude AI hacksSimilar incidents involving rivals OpenAI and Meta Platforms have heightened concerns that advances in artificial intelligence could amplif...
- What are H-1B visas for skilled workers and what changes loom?Recent proposals from the US administration indicate a sharp rise in H-1B visa fees, which could challenge employers, especially in tech an...
- Zepto defers its IPO; Urban Company slips into the redZepto has decided to pause its IPO amid pricing concerns. This and more in today's ETtech Top 5.
- US stocks: US market climbs after US, Iran pause conflict; focus on Fed, earningsMajor Wall Street indexes opened higher on Monday morning. This rise followed the United States and Iran pausing hostilities, boosting inve...
- Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focusEuropean stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Judge says Paramount and Warner Bros Discovery must halt merger for at least two weeksA federal court has intervened to temporarily suspend the merger of Paramount and Warner Bros Discovery following objections from twelve st...
- Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
- Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
- Navi eyes Rs 3,000-crore IPO; inside IT CEOs’ paySachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and more in today’s ETtech Morning Dis...
- Intel foundry business to make custom chip for Amazon, chipmaker's shares jumpIntel's foundry business has secured Amazon's AWS as a customer for custom AI chips, boosting Intel's shares by 8%. The deal involves Intel...
- What is Amazon's secret pricing strategy and what is the FTC lawsuit alleging cost manipulation tactics?In the ongoing Federal Trade Commission (FTC) legal battle against Amazon over alleged antitrust violations, a surprising revelation has co...
- Amazon made $1 billion through secret price raising algorithm: US FTCAmazon, which has 1 billion items in its online superstore, created a "secret algorithm internally code named 'Project Nessie' to identify ...
- Amazon UK to spend £170 million on staff pay risesThe internet giant, which employs 75,000 in the UK, said on Monday that from Oct. 15, minimum starting pay would increase by at least one p...
- Amazon reviewing unprofitable business units; may cut jobs: reportFollowing a months-long review, Amazon has told employees in some unprofitable units to look for jobs elsewhere in the company, while movin...
- Amazon reviewing unprofitable business units to cut costsShares jump 13.5% to $97.81, touching its highest level since the start of the month
- US tech layoffs skyrocket as companies struggle with shrinking global economySackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...
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