Amazon: News
Amazon is an American multinational conglomerate headquartered in Seattle, US. The company not only focuses on e-commerce but also offers digital streaming services (Prime Video), cloud computing, as well as artificial intelligence. It was founded in 1994 by Jeff Bezos and later went public in 1997. It started off by selling music and videos in 1998 as well as started acquiring online booksellers in Germany and the UK. In 2002, the company launched Amazon Web Services. It later introduced the Amazon Prime Video, Amazon Music, and also acquired IMDb and the Whole Foods Market. Amazon also produces consumer electronic products like Kindle e-reader, Fire TV and tablets, and Echo and Alexa devices.
Amazon scraps AI leaderboard to prevent unhealthy competition among employees
Amazon has decided to retire its internal artificial intelligence (AI) leaderboard, a system that rated employees based on their use of AI tools, according to Financial Times.
Anthropic nears $1 trillion valuation ahead of IPO
Artificial intelligence (AI) company Anthropic has raised a whopping $65 billion in its latest funding round.
Jeff Bezos's Blue Origin rocket explodes during test
Jeff Bezos's space company, Blue Origin, suffered a major setback when its New Glenn mega-rocket exploded during a static fire test at Cape Canaveral, Florida.
Indian competition watchdog's ₹202cr fine on Amazon quashed by SC
The Supreme Court has overturned the Competition Commission of India's ₹202 crore fine on Amazon.
Amazon Echo Dot Max, Echo Studio speakers launched in India
Amazon has launched its latest Alexa-powered smart speakers, the Echo Dot Max and Echo Studio, in India.
Dropbox CEO Drew Houston steps down after 18 years
Drew Houston, the co-founder and long-serving CEO of cloud storage pioneer Dropbox, has announced his decision to step down.
Is Motorola hijacking the Amazon app on your phone?
Motorola is facing a major controversy as users have accused the company of hijacking the Amazon app to inject affiliate codes.
Microsoft, Uber find AI tools more expensive than expected
Microsoft has decided to discontinue most of its direct Claude Code licenses and shift its engineering team toward GitHub Copilot CLI.
US companies chase billions in refunds from now-invalid Trump tariffs
After a landmark Supreme Court ruling, US businesses are racing to claim billions in refunds from now-invalid tariffs.
Claude Mythos found 10,000+ bugs in just a month
Anthropic, the AI start-up that developed Claude Mythos, has revealed that its advanced artificial intelligence (AI) system has detected over 10,000 critical cybersecurity flaws in just a month.
Bezos thinks Melania Trump documentary was a 'good business decision'
Jeff Bezos, the founder and executive chairman of Amazon, has defended the company's controversial documentary on US First Lady Melania Trump.
Intuit to lay off 3,000 employees
Intuit, the financial software giant behind popular products like TurboTax and QuickBooks, is laying off nearly 3,000 employees or about 17% of its global workforce.
Alexa Plus can now generate podcasts
Amazon has announced a major update for its AI assistant, Alexa Plus.
Why Amazon plans to deploy 1,000 electric trucks in India
Amazon India has announced plans to deploy roughly 1,000 electric trucks in partnership with VE Commercial Vehicles (VECV).
Anthropic to brief global financial regulators over Mythos AI risks
Anthropic, a leading Silicon Valley AI lab, has agreed to present its findings from the Mythos AI model to global financial regulators, according to Financial Times.
Iran is now looking beneath Hormuz to make money
Iran is planning to impose fees on major technology companies for using subsea internet cables under the Strait of Hormuz, emboldened by its successful blockade of the Strait of Hormuz, reports said.
Rose Leslie joins Russell Crowe in 'The Last Druid'
Game of Thrones actor Rose Leslie has been roped in for a pivotal role in the upcoming action-drama, The Last Druid, reported Deadline.
Users jailbreak older Kindle devices as Amazon ends software support
In light of Amazon's decision to end technical support for older Kindle models, many users are opting to jailbreak their devices.
Walmart, Amazon race to dominate rural America's online delivery market
Walmart and Amazon are racing to improve online order deliveries in rural America.
AI-induced layoffs cross 1.3L mark! These jobs are still safe
The year 2026 has witnessed a staggering number of layoffs in the tech industry, with over 1.28 lakh workers losing their jobs across 286 separate events.
Amazon begins hunt for new James Bond
The search for the next James Bond has officially begun, with Amazon MGM Studios reportedly starting auditions for the iconic role in recent weeks.
AI chipmaker Cerebras soars 68% in NASDAQ debut
Cerebras Systems, a leading player in the artificial intelligence (AI) chip market, made a stellar debut on the NASDAQ.
Amazon announces fresh layoffs amid ongoing restructuring
Amazon has announced another round of layoffs, this time in its Selling Partner Services division.
Amazon's new AI shopping assistant automates purchases and personalizes recommendations
Amazon has unveiled "Alexa for Shopping," a new AI shopping assistant powered by Alexa+.
How AI tools can help you with shopping
Artificial intelligence is transforming the retail space with tailored and frictionless shopping experiences that improve customer satisfaction and boost sales.
Amazon launches 30-minute delivery service in US
Amazon has launched a new ultra-fast delivery service called "Amazon Now," which promises to deliver orders within 30 minutes.
Amazon Prime Video adds TikTok-style 'Clips' to boost content discovery
Amazon is adding a new feature called "Clips" to its Prime Video app. The update comes as part of the company's strategy to improve content discovery and user engagement.
NVIDIA's market cap surpasses India's entire equity market
NVIDIA, a company once known for its gaming chips, has now surpassed the entire Indian equity market in terms of market capitalization.
Dark web marketplace leaks 345,000 credit card records using AI
A dark web marketplace, dubbed "Jerry's Store," has inadvertently leaked over 345,000 credit card records.
Meet investor who helped Skyroot become India's first space-tech unicorn
Skyroot Aerospace has become India's first space-tech unicorn after raising $60 million (approximately ₹570 crore) in a funding round.
Amazon merges Prime Video and MX Player
Amazon is merging its MX Player service with Prime Video, creating a single platform that combines free and paid content.
Jio launches wireless Android Auto, Apple CarPlay adapter at ₹2,400
JioThings, the Internet of Things (IoT) division of Jio Platforms, has unveiled a new in-car device called the JioCarSync.
Microsoft may drop its renewable energy target due to AI
Microsoft is considering postponing or even scrapping its ambitious 2030 target of matching 100% of its hourly energy consumption with renewable energy purchases, according to Bloomberg.
Why were hundreds of 'urine' bottles placed inside Met museum?
The Metropolitan Museum of Art staff was caught off guard when they found hundreds of bottles filled with what seemed to be urine.
How Amazon's latest move triggered a global logistics stock selloff
Amazon announced a new suite of logistics services, sending shockwaves through the industry.
Meme stock GameStop bids $56B for eBay to rival Amazon
GameStop, the popular video game retailer that turned into a 2021 meme stock sensation, has made an unsolicited $55.5 billion bid to acquire eBay.
Anthropic in talks to secure custom AI chips for Claude
Anthropic, a leading player in the artificial intelligence (AI) space, is said to be in early-stage talks with UK-based semiconductor start-up Fractile.
NVIDIA's pivot to physical AI sparks tech rally in Asia
NVIDIA's expansion into physical artificial intelligence (AI) has sparked a rally in Asian tech stocks.
Met Gala: Jeff Bezos-Lauren Sánchez spent $10M to co-host event
Billionaire couple Jeff Bezos and Lauren Sanchez have paid at least $10 million to co-host the upcoming Met Gala, Page Six confirmed.
Jeff Bezos, Lauren Sanchez to host Met Gala pre-party
Jeff Bezos and his partner, Lauren Sanchez, are set to host a private pre-party for the upcoming Met Gala on Saturday night, reported Variety.
Meta acquires AI robotics start-up to boost humanoid efforts
Meta has acquired Assured Robot Intelligence. The start-up specializes in artificial intelligence (AI) models for robots.
Trump Jr to host 'Apprentice' reboot? He has dad's vote
Donald Trump Jr. has reportedly been eyed by Amazon for the host's role in a reboot of The Apprentice, the reality show once hosted by his father, Donald Trump.
Amazon's cloud recovery in Bahrain, UAE may take months
Amazon has announced that it will take several months to restore its cloud computing operations in Bahrain and the United Arab Emirates (UAE).
D4vd dismembered Celeste Rivas with chainsaw ordered from Amazon: Prosecutors
Los Angeles prosecutors have revealed shocking details about the alleged murder of 14-year-old Celeste Rivas by D4vd (David Burke), per New York Post, Deadline.
Amazon, Meta to lobby NPCI over PhonePe, Google Pay's dominance
Amazon and Meta are set to challenge the dominance of PhonePe and Google Pay in India's instant payments network.
These 25 companies in India can turbocharge your career
LinkedIn has released its annual list of the top 25 companies for career growth in India. The list features industry giants such as Infosys, Amazon, and Google.
Amazon's new AI tool chats with you about products
Amazon has launched a new artificial intelligence (AI) feature that provides real-time audio responses to product-related queries.
'Verity' teaser: Anne Hathaway-Dakota Johnson lead dark and disturbing thriller
Amazon MGM has dropped a teaser for Verity, a psychological thriller based on Colleen Hoover's fourth novel to get the big screen treatment in two years.
OpenAI, Microsoft drop AGI clause, end exclusivity in new deal
Microsoft and OpenAI have officially terminated their "AGI clause," a key component of their long-standing partnership.
OpenAI and Microsoft amend their partnership: What has changed?
OpenAI and Microsoft have announced a major overhaul of their partnership agreement.
You can order from Amazon Now in 100 Indian cities
Amazon has announced the expansion of its ultra-fast delivery service, Amazon Now, to 100 cities in India.
India likely to receive $90B foreign direct investment in FY26
India's Chief Economic Adviser (CEA) V Anantha Nageswaran has projected that the country will attract over $90 billion in gross Foreign Direct Investment (FDI) during the fiscal year 2025-26.
Google bets $40B on Anthropic's AI prowess
Google has announced a massive investment of up to $40 billion in Anthropic, an artificial intelligence (AI) start-up.
Google takes on NVIDIA with new AI chips
Google Cloud has unveiled its eighth generation of custom-built artificial intelligence (AI) chips, or tensor processing units (TPUs).
Tesla triples spending to $25B for AI, robotics push
Tesla has announced a massive increase in its capital expenditure (capex) for 2026, with plans to spend $25 billion.
KKR captain Ajinkya Rahane joins footwear brand Chupps as investor
Cricketer Ajinkya Rahane, the captain of Kolkata Knight Riders, has invested in Mumbai-based open footwear brand Chupps. The investment value remains undisclosed.
How Amazon will stop sale of fake products in India
E-commerce giant Amazon is intensifying its efforts to fight against the sale of counterfeit products in India.
Why Microsoft is facing a $2.8B lawsuit in the UK
A London tribunal has given the green light to a mass lawsuit against Microsoft, The Guardian reported.
Is Amazon making shopping unaffordable on other websites?
California's Attorney General Rob Bonta has accused Amazon of engaging in a widespread price-fixing scheme.
Amazon to invest $25B in Anthropic
Amazon has announced its plan to invest up to $25 billion in artificial intelligence (AI) start-up Anthropic.
Claude Opus 4.7 is Anthropic's most powerful public model yet
Anthropic has launched its latest artificial intelligence (AI) model, the Claude Opus 4.7.
Netflix chairman Reed Hastings to step down from board
Reed Hastings, the co-founder and chairman of Netflix, will be leaving the company's board at the end of his term this summer.
Amazon's new Fire TV Stick HD is its slimmest yet
Amazon has launched its thinnest Fire TV Stick HD yet, priced at $34.99.
Amazon buys Globalstar for $11.6B to rival Musk's Starlink
Amazon has announced its plan to acquire satellite company Globalstar in a deal worth $11.57 billion.
Shocking! Amazon warehouse staff continue working as co-worker lies dead
In a shocking incident, an Amazon employee died at work in Troutdale, Oregon.
Wardrobe organization made easy, thanks to AI
AI tools are revolutionizing the way we manage our wardrobes by encouraging efficient organization, minimizing clothing waste, and fostering sustainable habits.
How Flipkart, Amazon are intensifying competition in quick commerce space
India's quick commerce start-ups are facing stiff competition from e-commerce giants Flipkart and Amazon.
US summons banks over cyber risks from Anthropic's AI model
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell have summoned top bank executives to a meeting this week.
Amazon's Starlink competitor to launch mid-2026
Amazon has confirmed the launch of its satellite internet service, Leo, in mid-2026.
Uber shifts to Amazon's custom chips for smoother rides
Uber has announced a major expansion of its contract with Amazon Web Services (AWS), the cloud computing arm of tech giant Amazon.
Amazon denies report of 14,000 more layoffs
Amazon has denied reports suggesting another round of mass layoffs after cutting around 16,000 jobs in January.