Tech/AI Amazon to invest $8.88b into Singapore cloud infrastructure Nada Ali May 7, 2024 0 Amazon.com is ramping up its presence in Southeast Asia, announcing a S$12 billion ($8.88 billion) investment over…
Featured Bezos’ Amazon stock sale closed at $8.5bln Aya Anwar Feb 21, 2024 0 Jeff Bezos completed the plan to sell up to 50 million shares in just nine trading days by offloading 14 million…
Featured French watchdog fines Amazon €32 mln over employee surveillance system Sama Mousa Jan 23, 2024 0 French data protection Watchdog fined Amazon.com Inc. €32 million ($34.9 million) over their employee surveillance…
News Workers at Amazon Spain plan 3-day strike over wages Sama Mousa Dec 18, 2023 0 Workers at Amazon (AMZN.O) in northern Spain are planning a three-day strike over their wages, Reuters reported on…
Tech news Facebook fined $1.3 billion, given 5 months to stop EU-US data flows Sama Mousa May 22, 2023 0 Meta was fined a record $1.3 billion by its lead privacy regulator in the European Union for its handling of user…
Tech news Meta to face record EU fine for Facebook data transfer to US Sama Mousa May 18, 2023 0 Meta Platforms Inc. is about to face a record European Union privacy fine due to data transfer to the US, two…
International News Amazon to cut 9K more jobs in second round of layoffs Nada Ali Mar 21, 2023 0 U.S. online retail company Amazon, plans to lay off about 9,000 in the next few weeks, mostly in AWS, PXT,…
Stocks Wall Street records worst day of 2023 so far Sama Mousa Feb 22, 2023 0 Wall Street has marked the worst performance with its main benchmarks of this year so far on Tuesday, as investors…
Tech/AI Amazon runs renewable energy push with 71 new projects Esraa Ibrahim Sep 22, 2022 0 Amazon.com Inc announced on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new…
Featured Amazon opens its first of its kind African logistics centre in Egypt Amwal Al Ghad English Sep 1, 2021 0 Amazon.com Inc, the world's biggest online retailer, has opened on Tuesday a logistics facility in Egypt.
Tech/AI Amazon captures nearly half the public-cloud market share Amwal Al Ghad English Jul 31, 2019 0 Amazon.com Inc. continues to dominate the market for basic computing resources that companies access online,…
Tech news Amazon to ship electronics in Brazil from third-party sellers Yomna Yasser Oct 18, 2017 0 Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding…
Tech news Amazon starts flexing muscle in new space: air cargo Ghada Ismail Dec 24, 2016 0 A cargo plane emblazoned with "Prime Air" descended from an empty sky at Lehigh Valley International Airport on…
Tech news Amazon opens line-free grocery store in challenge to supermarkets Ghada Ismail Dec 6, 2016 0 Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or…
Tech news Alibaba Cloud stretches global reach with four new facilities Ghada Ismail Nov 21, 2016 0 Alibaba Cloud plans to open four new data facilities outside China, the cloud unit of Alibaba Holdings Ltd said on…
Tech news Amazon challenges Apple and Spotify with new music streaming service Ghada Ismail Oct 12, 2016 0 Amazon.com Inc on Wednesday launched a full-fledged music streaming service with subscriptions as low as $3.99 per…
Tech news LG Electronics says to team with Amazon on smart homes Ghada Ismail Sep 3, 2016 0 South Korea's LG Electronics Inc said on Friday it is partnering with Amazon.com Inc on smart-home services,…
Tech news Amazon plans music subscription service for $5 a month Ghada Ismail Aug 23, 2016 0 Amazon.com Inc is working on a music subscription service that would cost about $5 a month and would only work on…
Tech news Alphabet and Amazon wind up stellar quarter for big tech Ghada Ismail Jul 30, 2016 0 Google parent Alphabet Inc and e-commerce giant Amazon.com Inc capped a blockbuster June quarter for the five…
Tech news Amazon gets permission from UK to trial drone deliveries Ghada Ismail Jul 26, 2016 0 Amazon.com Inc said on Monday it has entered into a partnership with the British government to speed up the process…
Tech news Amazon says Prime Day orders jump 60 percent over last year Ghada Ismail Jul 14, 2016 0 Amazon.com Inc said customers placed 60 percent more orders worldwide in its second "Prime Day" sale despite early…
Tech news FAA proposes fining Amazon $350,000 over hazardous package Ghada Ismail Jun 14, 2016 0 The U.S. Federal Aviation Administration said on Monday it is proposing a $350,000 civil fine against Amazon.com…
Tech news Amazon considers launching streaming music service Ghada Ismail Jun 12, 2016 0 Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in…
Tech news Amazon to launch new private labels in the near future Ghada Ismail May 16, 2016 0 Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal…
Tech news U.S. tech firms urge presidential candidates to bolster trade, high-tech visas Ghada Ismail May 5, 2016 0 Thirteen U.S. industry groups representing technology companies Amazon.com Inc, Uber Technologies Inc, Apple Inc,…
Tech news Amazon to restore encryption to Fire tablets after complaints Noha Gad Mar 6, 2016 0 Amazon.com Inc (AMZN.O) said it plans to restore an encryption feature on its Fire tablets after customers and…
Tech news Amazon plans to open up to 400 bookstores, says mall operator Noha Gad Feb 3, 2016 0 Amazon.com Inc (AMZN.O) plans to open up to 400 physical bookstores, an executive of a major U.S. mall operator…
Tech news YouTube, studios in talks over streaming rights for shows, movies Noha Gad Dec 3, 2015 0 Alphabet Inc's YouTube is aiming to get rights for streaming TV series and movies for its $9.99-a-month…
Tech news Microsoft, Salesforce talks fell through on Pricing: CNBC Noha Gad May 23, 2015 0 Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N) held "significant talks" this spring but failed to agree on…
Tech news GoDaddy’s Revenue rises 17.5% due to Customer Additions Noha Gad May 13, 2015 0 Web-hosting company GoDaddy Inc (GDDY.N) posted a 17.5 percent rise in revenue in its first quarterly report as a…
Tech news Amazon launches Button for Instant Product Ordering Noha Gad Apr 1, 2015 0 Online retailer Amazon.com Inc has launched a hardware that allows its Prime members to order a product by pushing…
Tech news Amazon in Talks to Buy Some of RadioShack’s Stores Noha Gad Feb 3, 2015 0 Amazon.com Inc., aiming to bolster its brick-and-mortar operations, has discussed acquiring some RadioShack Corp.…
Tech news Amazon Draws 10 Million New Prime Members over Holidays Yomna Yasser Dec 27, 2014 0 Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content…
Tech news Amazon to Challenge Google in Online-Ad Business Yomna Yasser Aug 25, 2014 0 Amazon.com Inc. is gearing up to more directly challenge Google Inc.'s dominance of the online advertising market,…
Tech news Apple $450 Million E-Book Settlement Wins Court Approval Yomna Yasser Aug 2, 2014 0 Apple Inc (AAPL.O) on Friday won preliminary court approval for its $450 million settlement of claims it harmed…
Tech news Amazon to Unveil Smartphone in Time for Winter Holidays: WSJ Yomna Yasser Apr 13, 2014 0 Amazon.com Inc is preparing to launch its long-rumored smartphone in the second half of the year, the Wall Street…
Real Estate Amazon moving Ahead With Five Original TV Series Salma Ayman May 29, 2013 0 Amazon.com Inc said on Wednesday that it will make five original TV series, having used viewer feedback to pick the…
World Most U.S. Stocks Fall As Investors Monitor Economic Data Administrator Oct 27, 2012 0 Most U.S. stocks retreated, driving the Standard & Poor's 500 Index to a weekly decline, as investors watched…
World US Futures Signal Mixed Open Administrator Apr 27, 2012 0 Stock index futures pointed to a mixed opening on Wall Street on Friday amid a slew of earnings reports and ahead…