Amazon Archives

Amazon will invest $20 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.

Amazon spending $20 billion to build AI-powered data centres in Australia

Amazon will invest $13 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.

Inside Amazon’s race to rule the skies – and the Aussie leading the charge

David Carbon went from fixing washing machines in Melbourne to building Amazon’s global drone fleet. Now he’s eyeing Australian skies.

Venice will host Jeff Bezos’ wedding, city says—denying ‘fake news’ about event

The Italian city said speculations about the event are “completely unfounded.”

Here are the startups Jeff Bezos invested in last year

The billionaire Amazon founder put early money into Airbnb and Uber. Now he’s placing bets on these AI robotics companies.

Cloud companies like Oracle, Amazon and Microsoft would lose millions to a TikTok ban

The tech giants all have large cloud contracts with TikTok — and they’ll have to end service on them by January 19 unless a court intervenes.

Amazon wants workers back in the office five days a week. Few large tech firms expect the same

Amazon CEO Andy Jassey announced Monday that starting early next year, employees will generally be expected to be back in the office five days a week.

The 10 richest people in the world lose $66 billion in a day

The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.

Amazon claims it achieved 100% renewable energy target in 2023—here’s what it means

Amazon claims that all electricity it consumed in 2023 was “matched” with 100% renewable energy. Experts criticise the report’s vagueness.

Luxury department store Saks to buy Neiman Marcus with help from Amazon in $4 billion deal

Embattled retailer Neiman Marcus has been saved by the parent company of luxury rival Saks Fifth Avenue, with a surprise investment from Amazon.