Amazon

Techies earning up to $1 mn a year laid off at Big Tech firms

As Big Tech layoffs dominate headlines, more details have emerged on which verticals and senior executives earning up to $1 million annually bore the maximum brunt at Google, Microsoft, and Amazon.

Jan 23, 2023

Amazon layoff stories: Sacked Amazon employees in India break down, "crying in office" [details]

On Grapevine, a community app for Indian professionals, an Amazon India employee posted sad scenes at offices, including people crying after the announcement of layoffs.

Jan 15, 2023

Keeping data within India a big leap for us: Oracle.

Pentagon awards $9 bn Cloud project to Amazon, Microsoft, Google, Oracle

Ending the bitter Cloud war, the Pentagon has awarded its multi-billion dollar Cloud-computing contract to all the major players -- Amazon, Google, Microsoft and Oracle - that can reach up to $9 billion in total till 2028.

Dec 8, 2022

Job Cuts: Resigned at Google, this techie's job offer declined by Amazon next

Call it ironic, but a Google software engineer, who resigned to take a new job at Amazon, was told by the company that his job offer has been declined, just 3 days ahead of his first day at the e-commerce giant.

Dec 6, 2022

Amazon to shut food delivery business in India

Amazon said on Friday that it is shutting down its food delivery business in India, a day after it announced to shut down its edtech vertical in the country.

Nov 25, 2022

Amazon begins mass layoffs to combat "unusual and uncertain macroeconomic environment"

Reuters reported that the layoff will primarily affect the retail and human resource development sections of the company

Nov 17, 2022

Amazon founder Jeff Bezos says will donate most of his $124 bn fortune in his lifetime

Amazon founder Jeff Bezos has announced plans to donate most of his $124 billion fortune during his lifetime, at a time when the e-commerce giant is reportedly set to lay off nearly 10,000 workers.

Nov 15, 2022

Surat police seized duplicate ghee from a factory

Over 1,000 kg adulterated ghee seized in Surat

Over 1,000 kg duplicate ghee (clarified butter) was seized from Kim taluka in Surat, police said on Wednesday.

Nov 9, 2022

Action against Cloudtail for selling pressure cookers flouting BIS standards; CCPA issues notices to major e-commerce platforms

The Central Consumer Protection Authority (CCPA) has passed an order against Cloudtail India Pvt. Ltd. for violation of consumer rights and unfair trade practice by selling domestic pressure cookers in violation to mandatory standards prescribed as per Domestic Pressure Cooker (Quality Control) Order, 2020.

Nov 5, 2022

Home Technology: Amazon acquires home robot maker iRobot for $1.7 bn

Amazon on Friday announced to acquire Global consumer robot company iRobot for $1.7 billion in an all-cash deal.

Aug 6, 2022

Amazon to shut down cloud storage service 'Drive' in 2023

Tech giant Amazon has announced that its "Drive" cloud storage service is shutting down at the end of 2023.

Jul 30, 2022

Amazon Prime Day on July 23 & 24: Offers open in cosmetics, luxury items

Amazon India is back with its much-awaited annual shopping event - Prime Day. The two-day event, to begin at 12 a.m. on July 23, presents exciting offers on the largest selection of fashion and beauty brands on Amazon Fashion.

Jul 22, 2022

Amazon sees $12 bn worth sales on Prime Day globally; sold "more devices than any other Prime Day"

Amazon saw sales worth at least $12 billion (according to third-party estimates) during its Prime Day event in the US and 15 more countries on July 12-13.

Jul 17, 2022

IPL Media Rights: Star India, Viacom18, Times Internet win rights; BCCI gains Rs 48,390 Cr

The process was expected to take time, and the eventual bidders' names were thought not to be revealed for several days. However, it seems like things will be much clearer on the third day on June 14.

Jun 14, 2022

IPL media rights: Amazon planning to pull out of IPL streaming rights bid, says Reports

Amid fierce competition to wrest the media rights of the money-spinning Indian Premier League (IPL), there are reports that one of the big players, Amazon.com Inc., is planning to pull out.

Jun 10, 2022

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

In the face of fierce competition from Amazon, Flipkart, and Reliance, Vijay Shekhar Sharma's bet on offline-to-online commerce through Paytm Mall failed.

May 17, 2022

Indian-American man jailed for selling stolen Apple products in US [details]

Indian-American Saurabh Chawla, who bought stolen Apple products from school employees in the US and sold those on eBay and Amazon, has been sentenced to 66 months in prison.

Jan 14, 2022

Amazon cuts Covid paid time off to 7 days after new norms

Tech giant Amazon is cutting paid leave time for US front-line workers who test positive for Covid-19 or have to quarantine after exposure to the virus.

Jan 9, 2022

Successful Digital Creator Shashank Sanghvi's Encouraging Advice To Today's Youth

Shashank Sanghvi said For me, it opens up a whole new universe of possibilities. When things get a little overwhelming, books come to my rescue and provide me with the motivation I need to keep going

Dec 5, 2021

As many sellers go bankrupt, Amazon is set to pocket $121 billion this year: Report by US non-profit

Amazon pocketed $60 billion in seller fees and this year, its take will soar to $121 billion, according to the report titled 'Amazon's Toll Road' by the Institute for Local Self-Reliance.

Dec 2, 2021

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