Page 12 - Amazon

Amazon Alexa to process voice recordings on cloud: What it means for users

Starting March 28, Amazon Echo users will not have the option to store their voice recordings of conversations with Alexa locally. The company will process every request on cloud only

Google parent Alphabet in talks to buy cyber firm Wiz for $33 billion

The deal, which may be announced as soon as Tuesday, would be Alphabet's largest acquisition to date, and could help Alphabet's Google catch up with Microsoft Corp. and Amazon.com Inc

BIS cracks down on e-commerce giants over non-certified products

The Bureau of Indian Standards (BIS) has conducted raids on warehouses of major e-commerce platforms, including Amazon and Flipkart, seizing thousands of uncertified consumer products, the consumer affairs ministry said on Saturday. During a raid on March 7 at an Amazon warehouse in Lucknow, BIS officials seized 215 toys and 24 hand blenders that lacked the mandatory BIS certification, an official statement said. A similar operation at the e-commerce giant's Gurugram facility in February yielded 58 aluminium foils, 34 metallic water bottles, 25 toys, 20 hand blenders, 7 PVC cables, 2 food mixers and 1 speaker -- all without proper certification. At a Flipkart warehouse in Gurugram, operated by Instakart Services Pvt Ltd, authorities confiscated 534 stainless steel vacuum-insulated bottles, 134 toys and 41 speakers that failed to meet the required standards. BIS's investigations revealed that many of these non-certified products were linked to Techvision International Pvt ...

Amazon, Google back pledge to triple global nuclear energy by 2050

It has also become a compelling solution for power-guzzling data centers, with Big Tech firms already having signed multiple billion-dollar deals with utilities

US FTC dismisses Amazon trial delay, insists DOGE cuts won't derail case

FTC reverses claim of resource constraints, says Amazon trial will proceed as scheduled despite DOGE-driven budget cuts and staff reductions under the Trump administration

Amazon partners with Youth4Jobs to empower women sellers with disabilities

E-commerce major Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by providing essential resources, tools, and training to succeed in the digital e-commerce ecosystem. Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers, according to a company statement. The alliance aims to bridge the gap between talented women with disabilities and wider market opportunities, and help them leverage the Amazon platform to grow their business online, it said. The women sellers will get hands-on training in digital marketing, performance marketing, product listing optimisation, and advertising solutions to help them establish a robust online business. They will also get access to data-driven insights and metrics to attain a greater understanding of customer behaviour, expectations, and key market trends. "Our collaboration with Youth4Jobs aims to support wo

Elon Musk loses $148 bn in net worth: Why are billionaires losing money?

In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks

Amazon's cloud unit builds first quantum computing chip called 'Ocelot'

Amazon Web Services' new Ocelot chip, developed by a team working at the California Institute of Technology, comprises two tiny squares of silicon stacked on top of each other

Amazon unveils gen AI-powered 'Alexa+' with agentic abilities: What's new

Alexa+ will first launch in the United States in the coming weeks, with a gradual rollout to select Echo Show devices, including Echo Show 8, 10, 15, and 21

HC orders Amazon to pay Rs 340 cr to Lifestyle Equities over infringement

During the proceedings of the case, Cloudtail India agreed to accept an injunction decree and proposed a settlement which would include damages

Meta in talks to build $200 billion data centre for AI projects: Report

Meta's decision to invest heavily in data centres is a part of the larger trend where tech giants are announcing huge investments one by one in data centres, particularly to meet the future AI demand

Amazon may unveil AI-powered Alexa, Echo devices on Feb 26: What to expect

The new version of the voice assistant Alexa is expected to engage in more natural conversations, with improved contextual awareness

Amazon delivers 410 mn items via same, next-day services in 2024

The preferred categories for same-day or next-day deliveries include fruits and vegetables, snacks and desserts, beauty products, mobile phones, home decor, and fashion, Amazon said

Amazon MGM takes creative reins of James Bond, ending era of family control

In a James Bond shakeup that stirred the film industry, Amazon MGM has announced that the studio has taken the creative reins of the 007 franchise after decades of family control. Longtime Bond custodians Michael G Wilson and Barbara Broccoli said they would be stepping back. Amazon MGM Studios, Wilson and Broccoli formed a new joint venture in which they will co-own James Bond intellectual property rights but Amazon MGM will have creative control. Financial terms weren't disclosed. The deal is expected to close sometime this year. With my 007 career spanning nearly 60 incredible years, I am stepping back from producing the James Bond films to focus on art and charitable projects, Wilson said in a statement on Thursday evening. Therefore, Barbara and I agree, it is time for our trusted partner, Amazon MGM Studios, to lead James Bond into the future. Amazon bought MGM Studios in 2022 for USD 6.1 billion, a purchase that was significantly motivated by the acquisition of one of the .

Amazon's MGM Studios gains creative control over 'James Bond' franchise

The move clears uncertainty over one of Hollywood's most popular movie series after a December report in the Wall Street Journal said that relations between Broccoli and Amazon had strained

Amazon Pharmacy expands medicine access from Andaman to Arunachal Pradesh

Using Amazon's nationwide logistics network, customers can now access a wide range of medicines, with same-day delivery available in 23 cities, including top metros and Tier-II cities

Ministry of DoNER working with Amazon to boost Bamboo market, says official

The Ministry of Development of North East Region would explore the market opportunities for Bamboo in domestic and overseas markets and it was working with Amazon and two other companies in this connection, a senior government official has said. Besides promoting Bamboo locally, the Ministry would also look for shipping them to neighbouring countries like Bangladesh, Myanmar, Ministry of Development of North Eastern Region (MDoNER) Secretary Chanchal Kumar said. At a recent roadshow in Chennai, Union Minister for Communications and Development of North Eastern Region Jyotiraditya M Scindia said nearly 38 per cent of the Bamboo was produced in the North Eastern States. This provides a huge opportunity for Chennai which has a huge furniture-making industry, he said. "Today, we can grow that Bamboo, process it to manufacture furniture and export it (to other parts of the country). Right now, my Ministry is working with Amazon and two other companies to adopt self-help groups in the Nor

Amazon, echoes rival Microsoft, says it can't keep up with AI demand

Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward AI-related projects within AWS

Amazon Cloud needs to deliver after Microsoft, Alphabet miss estimates

Wall Street expects Amazon to have spent about $76 billion on capex in 2024, up from $53 billion the prior year. That's seen swelling to $86 billion in fiscal 2025

Amazon could release AI-enhanced Alexa assistant on Feb 26: What to expect

Beyond conversational features, AI-powered Alexa is expected to get agentic AI capabilities for taking certain actions on user's behalf