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.
Zepto may slash IPO valuation amid investor concerns
Indian fast-delivery company Zepto Ltd. is looking to lower its initial public offering (IPO) valuation, amid concerns over cash burn and profitability, according to Bloomberg.
Jeff Bezos's ex-wife donates $20M to mental health non-profit
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has made a historic donation of $20 million to Active Minds.
Sony launches open-ear wireless earbuds at ₹19,000
Sony has launched its latest wireless earbuds, the LinkBuds Clip, in India.
Microsoft, Amazon, Google's carbon emissions are equivalent to a country
Microsoft, Amazon, and Google have seen their carbon emissions rise by nearly 20% in the last year.
Amazon plans $25B bond sale to fund AI investments
Amazon is planning to raise at least $25 billion by selling US dollar bonds.
Why Amazon barred breastfeeding employee from attending business course
Amazon recently barred a breastfeeding employee from attending a business course at its Dunfermline warehouse in Scotland.
Tech layoffs top 119,000 in first half of 2026
The tech industry is experiencing a massive wave of layoffs, with over 119,000 employees lossing their jobs in the first half of 2026. This downturn is largely driven by AI-led restructuring.
Tesla limits employee AI spending to $200 per week
Tesla has introduced a new policy, limiting its employees' spending on artificial intelligence (AI) tools to $200 per week.
Amazon to halt new sign-ups for its gig work platform
Amazon has announced that it will stop accepting new customers for its crowdsourcing service, Mechanical Turk, from July 30.
Amazon's satellite internet service is ready for launch
Amazon has announced that its low-Earth orbit satellite constellation, dubbed Amazon Leo, is now prepared to provide internet services.
Anthropic in talks with Samsung to develop custom AI chip
Anthropic, an artificial intelligence (AI) company, is in talks with tech giant Samsung Electronics to produce a custom AI chip, according to The Information.
Flipkart names new Senior VP for supply chain technology
Flipkart has appointed Vinay Vaidya as its new Senior Vice President of Technology for the supply chain.
Flipkart says AI now writes 40% of its code
Leading e-commerce giant Flipkart is making major strides in the artificial intelligence (AI) space. The company is building specialized e-commerce large language models (LLMs) and has integrated over 250 AI models into its ecosystem.
Why Amazon has been sued in Australia
The Australian Competition and Consumer Commission (ACCC) has sued Amazon Australia, claiming that the company's Prime subscription contracts had unfair terms.
Hexaware shares up by 9% today: Here we decode why
Shares of Hexaware Technologies Ltd skyrocketed by up to 9% today to ₹539 apiece, after the company announced its partnership with Amazon.
Amazon hikes price of key AI cloud service by 20%
Amazon has raised the prices of one of its key artificial intelligence (AI) cloud services by a whopping 20%.
GameStop won't give up on buying eBay
GameStop has said it will continue with its proposed takeover of eBay, despite the latter's rejection of an unsolicited cash-and-stock offer worth some $56 billion.
After Apple, Microsoft raises its Xbox console prices
Microsoft has announced a major price hike for its Xbox consoles, effective globally from August 1.
Amazon CEO meets Modi, announces additional $13B India investment
Amazon CEO Andy Jassy has announced a massive $13 billion investment in India. The announcement was made during his meeting with Prime Minister Narendra Modi on Thursday.
Amazon's robotaxi gets a makeover
Amazon's self-driving car company, Zoox, has launched an upgraded version of its toaster-shaped robotaxi.
Amazon Now to expand to 300 Indian cities
Amazon has announced plans to expand its ultra-fast delivery service, Amazon Now, to over 300 cities in India.
How Flipkart is expanding its quick-commerce push in India
Walmart-backed Flipkart has announced that its quick-commerce service, Flipkart Minutes, has established a network of 1,000 micro-fulfillment centers in less than two years.
Centre plans subsidized tomato sales as prices hit ₹92/kg
The Indian government is planning to sell tomatoes at subsidized rates through cooperative outlets, in a bid to cool the recent price surge.
Hindi speakers can now test Amazon's Alexa+ in India
Amazon has invited select customers in India to test its latest conversational AI assistant, Alexa+.
Amazon drops Sam Altman biopic 'Artificial'
Amazon MGM Studios has decided to drop Luca Guadagnino's upcoming film Artificial, which is based on the life of OpenAI founder Sam Altman.
Amazon considers selling custom AI chips to challenge NVIDIA's dominance
Amazon is in talks to sell its custom artificial intelligence (AI) chips to other companies, according to Bloomberg.
You can soon order electronics, jewelry, furniture on Amazon Now
Amazon is ramping up its quick-commerce operations in India by launching over 100 Urban Fulfillment Centers (UFCs).
5 brain-boosting benefits of Brazilian guarana
Brazilian guarana, a plant native to the Amazon, is famous for its stimulating properties.
SpaceX overtakes Amazon, Microsoft in market value
SpaceX briefly surpassed Microsoft in market capitalization on Tuesday, becoming the fourth-largest company in the world.
Influencer Sharan Hegde buys stake in creator start-up Madhouse Mafia
Finance influencer and entrepreneur Sharan Hegde has acquired a minority stake in creator-focused start-up Madhouse Mafia.
Cybersecurity experts urge US to lift curbs on Anthropic models
A group of 76 cybersecurity experts, including industry veterans, has called on the US government to lift its export control order on Anthropic's Fable and Mythos models.
Fox strikes $22B deal to acquire streaming giant Roku
Media giant Fox has announced its acquisition of streaming company Roku in a deal worth $22 billion.
Anthropic sends top engineers to Washington to resolve Mythos dispute
Anthropic, a leading artificial intelligence (AI) company, has sent its top engineers to Washington.
OnePlus announces affordable 'N' smartphone series in India
OnePlus has announced the launch of its new N Series smartphones in India.
Amazon to invest $35B in India by 2030
Amazon has announced its most aggressive expansion phase in India, with a planned investment of $35 billion by 2030.
Amazon flagged concerns over Anthropic AI models before US crackdown
Amazon CEO Andy Jassy was among tech leaders who warned senior Trump administration officials this week about potential security risks posed by Anthropic's most advanced AI models, according to Reuters.
Anthropic pulls Mythos AI models globally after US government directive
The US government has ordered Anthropic to immediately disable access to its two most advanced artificial intelligence (AI) models, Claude Fable 5 and Claude Mythos 5. The decision was made over national security concerns.
Apple slams revived US bill aimed at curbing Big Tech
Apple has slammed the American Innovation and Choice Online Act (AICOA), a bipartisan bill reintroduced by Senators Chuck Grassley and Amy Klobuchar.
Is Callum Turner the next Bond? Actor reacts to rumors
Actor Callum Turner, who is a frontrunner to replace Daniel Craig as James Bond, has finally reacted to the ongoing speculation.
Finnair in talks with SpaceX, Amazon for inflight Wi-Fi
Finnair, the flag carrier of Finland, is in talks with SpaceX's Starlink and Amazon's Leo to provide inflight Wi-Fi services on its planes.
OnePlus Community Sale begins: Top deals on phones, tablets, earbuds
OnePlus launched its Community Sale 2026 on June 4. The sale will go on until June 10 and is available on the company's official website, Amazon, and select retail stores.
Amazon's next-generation Proteus robot takes on more heavy lifting
Amazon has unveiled its next-generation autonomous warehouse robot, Proteus, at the 'Delivering the Future' event in London.
Amazon tops Fortune 500, ending Walmart's 13-year reign
Amazon has dethroned Walmart to become the number one company on the Fortune 500 list, ending a 13-year reign for the retail giant.
Zomato, Swiggy, Amazon, Meesho and Zepto form new industry body
India's leading e-commerce companies have formed a new industry-led platform called the Digital Commerce Coalition.