MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive...
Tag : Amazon
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance....
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime" business opportunity....
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility....
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy changes....
AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with other corporations reversing remote work policies....
Fires in Brazil have destroyed 22.38 million hectares of forests between January and September, with the Amazon rainforest being the most affected biome, according to a report by MapBiomas....
Amazon mandates a full-time return to the office for employees, clashing with the UK government's push for flexible work rights, sparking a global debate on work models....