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.
Sridhar Vembu compares Big Tech to East India Company
Sridhar Vembu, the co-founder of Zoho Corporation, has sparked a debate by comparing Big Tech companies to the British East India Company.
Pinterest claims it outpaces ChatGPT in search volume
After a disappointing fourth-quarter performance, Pinterest's CEO Bill Ready has drawn a comparison between the platform and popular AI chatbot ChatGPT.
Amazon Ring drops police tech partnership over mass surveillance fears
Ring, the Amazon-owned home security company, has canceled its partnership with Flock Safety. The decision comes after widespread criticism of the collaboration.
Anthropic hits $380B valuation after massive $30B funding round
Anthropic has raised a whopping $30 billion in its latest funding round, bringing the company's valuation to $380 billion.
SoftBank posts $1.6B quarterly profit as OpenAI bet pays off
Japan's SoftBank Group has reported a net profit of 248.6 billion yen ($1.62 billion) for the October-December quarter, its fourth consecutive quarterly profit.
Amazon gets FCC nod to launch 4,500 more internet satellites
Amazon has received the green light from the Federal Communications Commission (FCC) to deploy an additional 4,500 satellites.
TikTok parent in talks with Samsung to manufacture AI chips
ByteDance, the Chinese tech giant that owns TikTok, is developing its own artificial intelligence (AI) chip.
Amazon's AI pet-tracking ad draws backlash over surveillance fears
Amazon-owned Ring is facing major backlash over its new Search Party feature.
After Microsoft, Amazon plans content marketplace for AI training
Amazon is reportedly planning to launch a content marketplace, The Information reported.
Amazon delivery drone crashes into apartment building, no injuries reported
Amazon's latest delivery drone, the MK30, crashed into an apartment building in Richardson, Texas, last week.
Amazon plans $200B AI push as Washington Post trims workforce
Amazon has announced plans to invest a whopping $200 billion in artificial intelligence (AI) and robotics in 2026.
Big Tech to pour $650B into AI infrastructure in 2026
Four of the biggest US tech companies, Alphabet, Amazon, Meta, and Microsoft, are projected to spend a whopping $650 billion on capital expenditures in 2026, Bloomberg reports.
More people are watching Michelle Obama's 'Becoming' as 'Melania' bombs
Former US First Lady Michelle Obama's 2020 documentary, Becoming, has seen a dramatic surge in viewership over the weekend of Melania's release.
AI boom: Why US tech giants are betting on India
India is fast becoming a major hub for American tech giants looking to expand their artificial intelligence (AI) capabilities.
Amazon to test in-house AI tools for film and TV
Amazon MGM Studios is gearing up to put its artificial intelligence (AI) tools for film and television production to the test.
NVIDIA nearing $20B investment in OpenAI
NVIDIA is close to finalizing a $20 billion investment in OpenAI, according to Reuters.
Oracle may cut 30,000 jobs to fund AI data centers
Oracle is reportedly planning to lay off up to 30,000 employees.
NVIDIA's plan to invest $100B in OpenAI stalls
NVIDIA's plan to invest up to $100 billion in OpenAI has hit a snag, according to The Wall Street Journal.
Saks terminates e-commerce alliance with Amazon after bankruptcy filing
Saks Global is terminating its "Saks on Amazon" partnership with the e-commerce giant Amazon. The decision comes after the company filed for bankruptcy earlier this month.
Microsoft inks $750M deal with Perplexity to boost AI efforts
Microsoft has signed a three-year, $750 million deal with artificial intelligence (AI) start-up Perplexity.
Amazon in talks to invest $50B in OpenAI
OpenAI, a company currently worth $500 billion, is looking for another $100 billion in funding.
OpenAI in talks with NVIDIA, Microsoft, Amazon for $60B fundraise
OpenAI is in advanced discussions with tech giants NVIDIA, Microsoft, and Amazon to raise as much as $60 billion, according to The Information.
Amazon to lay off 16,000 employees amid restructuring efforts
Amazon has announced plans to cut around 16,000 jobs in a major restructuring effort.
Amazon is about to layoff AWS employees worldwide soon
Amazon inadvertently suggested a new round of global layoffs through an email.
Why Amazon is closing its Go and Fresh physical stores
Amazon has announced plans to close all of its physical Amazon Go and Amazon Fresh stores.
Amazon paying customers $309M to settle return policy lawsuit
Amazon has agreed to a settlement valued at more than $1 billion, which includes both monetary and non-monetary components, to resolve allegations of improper refunds for returned items.
Amazon prepares for another round of layoffs
Amazon is gearing up for another round of layoffs, with plans to start as soon as next week, according to Bloomberg.
Ryanair CEO dismisses Musk takeover talk amid Starlink spat
Ryanair's CEO Michael O'Leary has dismissed Elon Musk's interest in acquiring the budget airline.
'TeraWave': Blue Origin's 6Tbps satellite internet network to rival Starlink
Jeff Bezos's space company, Blue Origin, has announced a new satellite internet network called TeraWave.
Amazon CEO says Trump's tariffs are raising product prices
Amazon CEO Andy Jassy has said that the tariffs imposed by US President Donald Trump are beginning to affect consumer prices.
Amazon Echo Show 11 launched at ₹27,000: Check features
Amazon has launched its latest smart home device, the Echo Show 11, in India. The device was first unveiled globally three months ago.
Tech companies cut 245,000 jobs in 2025 amid AI push
The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.
Amazon Republic Day sale 2026: Check dates, deals, and offers
Amazon has announced the dates for its upcoming Republic Day sale in India.
Gemini AI can now shop on Walmart and Shopify
Google has announced a major expansion of shopping capabilities within its AI chatbot, Gemini.
Amazon building Walmart-like 'supercenter' in Chicago: What is it?
Amazon is expanding its physical store footprint with a new 'supercenter' in Illinois.
Will AI operating systems make traditional apps obsolete?
Tech giants like Meta and OpenAI are racing to create "operating systems" for AI-powered devices. The trend is expected to gain momentum in 2026.
Why Amazon is facing a price gouging lawsuit in US
A US judge has denied Amazon's request to dismiss a proposed class-action lawsuit, accusing the online retail giant of price gouging during the COVID-19 pandemic.
Fire TV gets revamped UI, faster performance, deeper Alexa integration
Amazon is giving its Fire TV platform a major facelift, starting this February.
Amazon Alexa+ now runs in your browser, taking on ChatGPT
Amazon has made its generative AI assistant, Alexa+, available to the public through a free early access program.
Amazon takes on Samsung, LG with new 4K art TVs
Amazon has joined the art TV race with the launch of its first-ever model, the Ember Artline.
Tech billionaires sold their company stocks worth $16B in 2025
In 2025, tech executives sold off over $16 billion worth of their company stocks, according to Bloomberg's analysis of insider trading data.
Amazon halts drone delivery plans in Italy
Amazon has announced its decision to halt plans for drone deliveries in Italy.
Over 1L tech workers laid off in 2025. Reason? AI
The year 2025 has seen a wave of job cuts across the technology sector, with over one lakh employees losing their jobs.
India's FDI to touch new high in 2026: Here's why
India's Foreign Direct Investment (FDI) is projected to witness a significant surge in 2026.
Big Tech adds 32,000 India jobs as H-1B rules tighten
With new H-1B visa restrictions introduced this year, major US tech companies such as Meta, Amazon, Apple, Microsoft, Netflix, and Google have hired over 32,000 employees in India for the year 2025.
You can now buy digital gift cards on TikTok
TikTok Shop has launched a new feature allowing users to buy digital gift cards.
Amazon rejects 1,800 job applicants over suspected North Korea links
Amazon has denied employment to over 1,800 North Korean applicants amid concerns of money laundering.
OpenAI's paid products now more profitable
OpenAI has improved the compute margins of its paid products this year, according to a report by The Information.
Starbucks appoints Amazon's Anand Varadarajan as new CTO
Starbucks has announced the appointment of Anand Varadarajan as its new Chief Technology Officer (CTO), effective January 19.
Amazon's AI chief Rohit Prasad departs after 12-year stint
Amazon has announced a major leadership change in its artificial intelligence (AI) division.
Amazon Now delivers your groceries in Gurugram in 10 minutes
Amazon India has extended its ultra-fast delivery service, Amazon Now, to Gurugram.
Amazon to lay off 370 employees at Europe headquarters
Amazon is preparing to lay off 370 employees at its European headquarters in Luxembourg. The move comes as part of a larger global job cut plan announced earlier this year.
You can now access Alexa+ via a website
Amazon has begun rolling out a dedicated website for its AI-powered voice assistant, Alexa.
Amazon discussing $10B investment in OpenAI at $500B valuation
Amazon is reportedly in talks to invest around $10 billion in OpenAI, the company behind ChatGPT.
Kindle's new AI feature can answer your questions about books
Amazon has introduced a new AI-powered feature, "Ask This Book," on its Kindle iOS app.
Bezos, Musk, Pichai race to build data centers in space
A new front in the 21st-century space race is emerging, one defined by data.
Amazon to pay $582M to settle tax dispute in Italy
Amazon has agreed to pay €510 million ($582 million) to settle a dispute with Italy's tax collection agency.
Bezos's ex-wife MacKenzie Scott donated $7.1B to non-profits this year
Philanthropist MacKenzie Scott has announced her biggest annual donation yet, giving away $7.1 billion to non-profit organizations in 2025.
Amazon to invest $35B in India by 2030
Amazon has announced plans to invest over $35 billion in India by 2030.
Why kids can't buy latest Pokemon cards anymore
The once-innocent world of Pokemon cards has transformed into a speculative market, making it nearly impossible for kids to get their hands on the latest releases.
Amazon offers its AI coding assistant to start-ups for free
Amazon is giving away its new AI coding assistant, Kiro Pro+, to start-ups with annual sales of $5 million or less.
Why Amazon believes chasing AI benchmark scores is misleading
Amazon's Senior Vice President of AGI, Rohit Prasad, has questioned the importance of model benchmarks in the AI industry.
Amazon launches 'AI Factories' to run sensitive workloads safely
Amazon has launched a new product, "AI Factories," that lets large corporations and governments run its artificial intelligence (AI) systems in their own data centers.
Amazon Music launches '2025 Delivered' to take on Spotify Wrapped
Amazon Music has launched a new feature called "2025 Delivered," aimed at providing users with a personalized annual summary of their music listening habits.
Why Amazon and Google have joined their cloud services
Amazon and Google have launched a new multicloud networking service, aimed at providing reliable connectivity.
Amazon's Oregon data centers linked to rising cancer, miscarriage rates
The presence of Amazon data centers in Morrow County, Oregon is being linked to an increase in cancer and miscarriage rates.
AI tools fuel record $11.8B Black Friday online spending surge
Artificial Intelligence (AI) tools have driven a record-breaking surge in online spending during the recent Black Friday sales.
Why Amazon has blocked ChatGPT from accessing its marketplace
OpenAI's ChatGPT has been barred from accessing Amazon's online marketplace, blocking the AI chatbot from fetching real-time data from millions of product listings.
Amazon, Flipkart will offer loans to Indian consumers, small businesses
Amazon and Flipkart are taking on traditional banks in India by launching new lending products for small businesses and consumers.
Black Friday scam alert! 2,000+ fake Amazon, Samsung sites detected
As the holiday shopping season heats up, a new report from cybersecurity firm CloudSEK has warned of a massive spike in fraudulent online stores.
Amazon warns 310M users as Black Friday fraud risk spikes
Amazon has issued a major security alert, warning customers about a surge in scams and cyberattacks targeting online shoppers.
FAA probes Amazon after delivery drone cuts internet cable
Amazon is facing a federal investigation after one of its delivery drones knocked down an internet cable in Waco, Texas.