Tag : Amazon

Technology

Amazon sets $48B India investment plan through 2030

manamalive.com
NEW DELHI, INDIA / MENA Newswire / – Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to 2030. The...
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Modi unveils 2047 tax holiday to grow India data centres

manamalive.com
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...
Amazon plans $100 billion AI investment to stay ahead in tech race
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Amazon plans $100 billion AI investment to stay ahead in tech race

manamalive.com
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 shares fall 14 percent as DeepSeek sparks AI competition fears
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Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears

manamalive.com
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....
1,700 jobs cut as Amazon exits Quebec warehousing operations
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1,700 jobs cut as Amazon exits Quebec warehousing operations

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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....
Wall Street rallies on softer-than-feared Trump trade policies
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Wall Street rallies on softer-than-feared Trump trade policies

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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 donate millions to Trump's inaugural committee
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Business leaders donate millions to Trump’s inaugural committee

manamalive.com
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 mandates full in-office work for employees starting January 2025
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AT&T mandates full in-office work for employees starting January 2025

manamalive.com
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....