Navigating the Future of International Technology
Intel’s stock price surged nearly 4% during early trading following the announcement of a significant chip-making deal with Amazon’s cloud business. The deal with AWS is a positive development for Intel and could help the company turn around its struggling foundry unit. OUR TAKEThe collaboration with AWS marks a pivotal moment for Intel’s foundry unit,…
Amazon workers from several U.S. states are joining forces with the Teamsters union to protest unfair labour practices. The Teamsters’ strikes against unfair labour practices at Amazon represent a significant step in the fight for workers’ rights in the e-commerce industry. OUR TAKEThe Teamsters’ strikes against Amazon mark a critical moment in the ongoing struggle…
Amazon is revamping Alexa by utilising Anthropic’s Claude AI to enhance its capabilities and charge users for a subscription service. The company faces challenges with its current Alexa performance, as past in-house models struggled to deliver timely and coherent responses. OUR TAKEAmazon’s decision to partner with Anthropic for Alexa’s upgrade reflects the growing trend of…
Amazon has appointed 25-year company veteran Samir Kumar as the new head of its India operations, succeeding Manish Tiwary, who stepped down after eight years. This transition occurs as Amazon navigates fierce competition from local rivals and increasing regulatory scrutiny in India. OUR TAKEAmazon has appointed long-time executive Samir Kumar as its new India head,…
Virtual assistant is a software program or remote worker that performs various tasks, such as managing schedules, answering questions, or providing customer support. Virtual assistants can be AI-driven or human, offering convenience and efficiency for businesses and individuals by handling tasks remotely. Virtual assistant (VA)is either an AI-powered tool or a remote worker who helps…
Amazon’s cloud computing division, Amazon Web Services (AWS), has announced a major commitment to Brazil, revealing plans to invest 10.1 billion reais (approximately $1.8 billion) to enhance its data centre operations in the country. This strategic investment is expected to significantly strengthen AWS’s infrastructure, enabling improved cloud service capabilities across the region. OUR TAKEAWS’s $1.8…
Amazon has hired Covariant’s founders and a quarter of its workforce while signing a license to use their robotic models. Covariant will continue its operations under new leadership, focusing on delivering AI for various industries. OUR TAKEThis strategic move by Amazon highlights the growing importance of AI in enhancing operational efficiencies. By integrating Covariant’s advanced…
Edgar Bronfman Jr.’s bid to take over Paramount Global, including a $6 billion offer for National Amusements, has complicated a planned acquisition by Skydance Media, leading to tension over extended negotiation periods. The final decision regarding the bids and Shari Redstone’s role at Paramount remains uncertain, with both parties awaiting further developments. OUR TAKEEdgar Bronfman Jr.’s…
Prosecutors from the federal labour agency have determined that Amazon was a joint employer of subcontracted drivers who delivered packages for the company in California. The labour group Teamsters filed several unfair labour practice charges against Amazon after it refused to negotiate a union contract with them. OUR TAKETeamsters and other labour advocates have long…
Amazon has appointed 25-year company veteran Samir Kumar as the new head of its India operations, succeeding Manish Tiwary, who stepped down after eight years. This transition occurs as Amazon navigates fierce competition from local rivals and increasing regulatory scrutiny in India. OUR TAKEAmazon has appointed long-time executive Samir Kumar as its new India head,…