Amazon News

Airbus and Amazon Revolutionize Air Travel with High-Speed Inflight Connectivity

Airbus and Amazon join forces to enhance inflight connectivity using Amazon's Project Kuiper satellites, promising speeds up to 1Gbps to meet passenger demands for high-speed inter...

Tech Giants Tumble Premarket Amid Fears of Global Trade War Triggered by Trump's New Tariffs

Technology stocks, including Apple and Amazon, faced sharp declines in premarket trading following the announcement of new tariffs by President Trump, raising fears of a global tra...

Dow Surges 230 Points Amid Anticipation of Trump's Tariff Announcement

US stocks closed higher as investors awaited President Trump's tariff announcement, with significant gains in the Dow, Nasdaq, and S&P 500. Updates on Tesla, Amazon, and TikTok als...

AppLovin Joins the Race: A Surprise Bidder in the High-Stakes TikTok US Acquisition Saga

AppLovin Corporation has emerged as a surprise bidder for TikTok's US operations, joining a diverse group including Zoop and the Hbar Foundation. Amazon's reported bid aims to aver...

Tesla and Amazon Spark Market Rally: Musk Exits DOGE, Amazon Bids for TikTok

Major U.S. stock indexes gained as Tesla's Elon Musk exits DOGE and Amazon bids for TikTok, sparking a market rally with significant increases across major indexes.

Wall Street Rallies: Dow Jumps Over 300 Points as Tariff Fears Ease

Wall Street rebounds as Dow gains over 300 points, with Amazon and Tesla leading the surge. Reports suggest upcoming U.S. tariffs may be less severe, easing market fears.

Wall Street Surges: Dow Jumps Over 300 Points as Tariff Fears Ease

Wall Street sees a strong rebound as fears over upcoming U.S. tariffs ease. The Dow Jones gains over 300 points, with Amazon and Tesla leading the surge. The euro remains stable ag...

Wall Street Rebounds Strongly as Dow Jumps Over 300 Points on Tariff Relief Hopes

Wall Street rebounds strongly as Dow jumps over 300 points, fueled by hopes of less impactful U.S. tariffs. Amazon and Tesla lead gains, while the euro stays flat against the dolla...

Uncertainties Loom as Wall Street Dips: A Closer Look at Market Reactions

Wall Street experienced a downturn at the opening bell, with major indexes like the Dow Jones and Nasdaq 100 facing losses. Investors are wary of the economic and geopolitical unce...

FTC Reverses Decision, Ready to Face Amazon in Prime Membership Case

The FTC has reversed its decision to delay the trial against Amazon over the Prime membership case, stating it is fully prepared to proceed. The case involves allegations of mislea...

Tech Titans Unite: Google, Meta, and Amazon Champion Global Nuclear Expansion by 2050

Major tech companies including Google, Meta, and Amazon have joined forces with energy firms and financial institutions to support the tripling of global nuclear capacity by 2050, ...

Breaking Down the Earnings: Alphabet, Disney, Amazon, and Major Players Face Trump's Economic Shifts and China's AI Race

This week's earnings reports spotlight major players across tech, automotive, finance, and pharmaceuticals, including Alphabet, Disney, and European banks, as they navigate economi...

Alphabet, Disney, Amazon Lead a Week of High-Stakes Earnings Reports Amid Global Economic Shifts

This week's earnings reports highlight major players across tech, automotive, finance, and pharmaceuticals, as they navigate through global economic shifts and advancements in AI, ...

Daimler Truck Faces 12% Sales Drop in 2024 Amid Electric Vehicle Growth

Daimler Truck AG reports a 12% sales decline in 2024, with 460,409 units sold. Despite this, electric vehicle sales rose by 17%. Regional sales varied, with notable decreases in As...

Nvidia's Cutting-Edge AI Chips Hit by Overheating and Glitches, Delaying Tech Giants' Data Center Plans

Nvidia's latest AI chips, Blackwell, are causing delays in data center setups due to overheating and glitches, affecting major tech companies like Microsoft, Amazon, Google, and Me...

Tech Titans Unite: Google Joins Forces with Meta, Amazon, and Others in $1M Donation to Trump's Inaugural Fund

Google has joined other tech giants in donating $1 million to President-elect Donald Trump's 2025 inauguration fund, alongside providing a YouTube livestream and homepage link for ...

Italian Authorities Conduct Raids on Amazon and Courier Companies in Tax and Labor Fraud Investigation

Italian tax police searched nine courier companies in a probe into alleged false invoices benefiting Amazon, SDA, and GLS. Turin prosecutors are investigating tax fraud and illegal...

Takealot's Bold Strategy: Targeting South Africa's Townships to Compete with Global E-commerce Giants

Takealot, South Africa's top e-commerce retailer, is hiring personal shoppers to penetrate townships and rural areas, aiming to counter global rivals like Amazon and Chinese fast-f...

US Stocks Rally in Premarket on Robust Corporate Earnings

US stocks gained in premarket trading on Friday following strong corporate earnings, with the Dow rising 100 points and tech stocks leading the charge. Costco and Broadcom reported...

Samsung Claims Unlawful Detention and Data Seizure by Indian Antitrust Body

Samsung accuses India's CCI of unlawfully detaining employees and seizing data during a raid related to an antitrust investigation involving Amazon and Flipkart. The company seeks ...