Amazon Committed to Invest Rs 1,05,600 Crore to Boost India’s Cloud Infrastructure
Amazon.com Inc plans to invest Rs 1,05,600 crore in India’s cloud infrastructure by 2030 to scale up its AWS business in the key overseas market....
Tag : Amazon.com Inc.
Amazon Shares Fall As Tech Selloff Worsen
On Friday, Amazon.com Inc (NASDAQ:AMZN)’s shares fell about 13 per cent in premarket trading. The US-based online retailer came close to losing its place in...
Amazon Faces $1 Bn Lawsuit in Britain for Favouring Its Own Products
Amazon.com Inc (NASDAQ:AMZN) is facing a lawsuit in Britain for damages of up to USD 1 billion (900 million pounds ) over allegedly abusing its...
After Warning for Bitcoin Surge, Musk Loses $15.2 Billion in a Day
Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Tesla’s biggest decline since...
Amazon Web Services to Invest $2.77 Billion in Telangana
KT Rama Rao, Telangana Minister for IT and Industries on Friday said that Amazon Web Services (AWS) will be investing $2.77 billion (around Rs 20,761 crore) for...
Jeff Bezos Sells $3.1 Billion of Amazon Shares After Fortune Surges
The numbers are eye-popping: 1 million Amazon.com Inc. shares offloaded for more than $3.1 billion. And yet for the seller, Jeff Bezos, it barely puts a dent...
Zara Founder Unveils $17.2 Bn Global Real Estate Empire
The Spanish billionaire’s property holdings have soared to 15.2 billion euros ($17.2 billion), his firm revealed Tuesday for the first time, giving him the largest...
Amazon Pulls Out of MWC 2020 Due to Coronavirus
Amazon.com Inc has pulled out of this month’s Mobile World Congress because of the coronavirus outbreak, in another blow to one of the telecom industry’s...
India Battles to Catch China in Payment Apps
According to the head of the South Asian nation’s payments network, India’s rapidly expanding market for digital payments is poised to get more crowded as...
World’s Richest Lose $117 Bn in One-Day Market Meltdown
The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as US stocks plunged in their biggest drop this year....