Google cofounder Larry Page overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Wednesday, as Alphabet’s stock surged by nearly 6% in the wake of strong third quarter earnings and the release of Google’s Gemini 3 AI model.
As theatrical releases decline, the 54-year-old actor has become the most bankable star on Netflix, Amazon and Apple—earning $20 million or more a movie—in a major paradigm shift of Hollywood economics. Inside the new A-Minus List.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
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.