Amazon Web Services (AWS), the cloud computing arm of Amazon.com, Inc., has announced the launch of applications for the third edition of its Generative AI Accelerator, an intensive eight-week global …
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Amazon film and television sets are reducing their use of fossil fuels
by Editorby EditorCleaner energy batteries are replacing diesel generators after Amazon invests in Moxion Power.Amazon is moving to reduce the use of fossil fuels on its film and television sets, replacing diesel …
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AmazonBusinessEconomySouth AfricaTechnology
Meta fined R4.7bn over data leak of half a billion of it’s Facebook users
Meta Platforms was slapped with a €265 million (R4.7 biillion) fine for failing to prevent the leak of the personal data of more than half a billion users of its …
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AmazonBusinessEconomyGlobal NewsMarketsSouth AfricaUncategorized
Amazon to face strikes and protests from thousands of workers across 40 countries
Thousands of Amazon warehouse workers across about 40 countries plan to take part in protests and walkouts to coincide with Black Friday sales, one of the busiest days of the …
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Amazon budgets R17 billion a year on movies for cinemas
Amazon plans to spend more than $1 billion (R16.94 billion) a year to produce movies that it will release in theatres, according to people familiar with the company’s plans, the …
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Amazon’s Alexa division faces significant job cuts after failing to turn the voice assistant into a money maker, Business Insider reports (the article requires a VPN to access from South Africa and …
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Amazon develops new robot in a bid to reduce human reliance
Amazon, Ecommerce Giant has developed a robot capable of identifying and handling individual items, a milestone in the e-commerce giant’s efforts to reduce its reliance on the human order pickers …
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AmazonBusinessEconomyMarketsSouth AfricaTechnology
Amazon is the first public company to lose $1 trillion in market value
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered …
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AmazonBuildingBusinessEconomyFinance & ServicesSouth Africa
Big win for Amazon’s new headquarters in South Africa
The developers behind the R4.6-billion multi-purpose complex in Cape Town set to house Amazon’s new African headquarters scored a major court win on Tuesday. The Supreme Court of Appeal dismissed …
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AmazonBusinessGlobal NewsSpotlightTechnology
Facebook CEO makes plans to layoff thousands of employees
by Omolaraby OmolaraFacebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media reported Sunday. The Wall Street Journal, …