Amazon has been stepping up investments across the Asia Pacific, with plans to invest over $50 billion to scale up its digital infrastructure in Australia, Japan, Singapore, Malaysia and Thailand.
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.
David Carbon went from fixing washing machines in Melbourne to building Amazon’s global drone fleet. Now he’s eyeing Australian skies.
The Italian city said speculations about the event are “completely unfounded.”
The billionaire Amazon founder put early money into Airbnb and Uber. Now he’s placing bets on these AI robotics companies.
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 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 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 that all electricity it consumed in 2023 was “matched” with 100% renewable energy. Experts criticise the report’s vagueness.
Embattled retailer Neiman Marcus has been saved by the parent company of luxury rival Saks Fifth Avenue, with a surprise investment from Amazon.