Cognizant CEO Ravi Kumar S. added to the 2025 TIME 100 AI ListCognizant CEO Ravi Kumar S. has been named to the 2025 TIME 100 AI list, recognizing his leadership in enterprise AI. Under his guidance, C...
02 Sep, 2025, 07.49 PM IST
Big Tech's AI data centers are driving up electricity bills for everyoneBig Tech has become a dominant force in the US power industry, building and buying energy for AI-driven data centers consuming soaring amou...
14 Aug, 2025, 11.15 PM IST
Amazon lays off 100 in devices and services unitAmazon trimmed some Alexa-related jobs in 2023 and has been conducting small cuts to various groups in recent months, including its Wondery...
15 May, 2025, 10.46 AM IST
Jeff Bezos' space race feud with Elon Musk reignites as Project Kuiper challenges Starlink. But is there enough room in the orbit?The rivalry between Elon Musk and Jeff Bezos heats up again as Amazon launches its first batch of Project Kuiper satellites, aiming to comp...
30 Apr, 2025, 06.04 PM IST
Tech giants are set to spend $200 billion this year chasing AIWall Street recently criticised major tech firms for their AI spending, but Amazon, Microsoft, Meta, and Alphabet plan to invest even more,...
02 Nov, 2024, 12.50 AM IST
Tech bosses preach patience as they spend and spend on AIIn 2023, Meta's Mark Zuckerberg declared a shift towards AI, significantly increasing tech infrastructure spending. Major tech firms, such ...
03 Aug, 2024, 11.28 AM IST
Big Tech rebounds and prepares for transformative AI investmentsCompanies are hoping that artificial intelligence will be the answer to their problems and a way to refresh aging product lines that haven'...
06 Aug, 2023, 08.43 AM IST
Big Tech rebounds and preps for transformative AI investmentsMeta's and Google's ad businesses rebounded. Microsoft's cloud computing business continued to expand. So did Amazon's e-commerce business....
05 Aug, 2023, 08.50 AM IST
Amazon Q2 results: Revenue rises 11% to $134 billion boosted by cloud salesNet income was 65 cents a share versus expectations of 35 cents. Last year, the company lost 20 cents a share in the quarter because of a s...
04 Aug, 2023, 06.43 AM IST
Amazon deepens tech gloom as 503 firms lay off 1.5 lakh employeesAccording to the latest data from layoff.fyi, a website that is tracking tech sector job cuts, close to 1 lakh tech employees lost jobs glo...
21 Mar, 2023, 12.49 PM IST
The chatbots are here, and the internet industry is in a tizzyChatbots have ignited a scramble to determine whether their technology could upend the economics of the internet, turn today's powerhouses ...
09 Mar, 2023, 01.26 PM IST
UPI market share rules postponed; Amazon plays down India layoffsIn November 2020, the National Payments Corporation of India announced controversial new rules that sought to cap the market share of indiv...
02 Dec, 2022, 07.25 PM IST
Amazon vows ‘zero tolerance’ for graft after India probe reportThe U.S. company started a probe into its legal representatives’ conduct in India, the Morning Context, a two-year-old media site that typi...
20 Sep, 2021, 12.42 PM IST
Amazon founder Jeff Bezos to step down as CEO this yearAmazon CEO Jeff Bezos will transition to the role of executive chairman after handing over the helm to Amazon Web Services' (AWS) Andy Jass...
04 Feb, 2021, 08.16 AM IST