Taylor Swift continues her reign over the music industry as her latest album, “The Tortured Poets Department,” shatters streaming records across major platforms including Spotify, Amazon Music, and Apple Music. Released on Friday, Swift’s 11th studio album achieved an unprecedented milestone, garnering 300 million streams in a single day on Spotify alone, establishing itself as…
Amazon, the technology behemoth, has announced significant job cuts affecting hundreds of employees in its cloud computing division, Amazon Web Services (AWS). Despite AWS’s substantial growth, accounting for 14% of Amazon’s total revenue according to its latest financial report, the company has decided to streamline its workforce. The restructuring comes amid shifts in Amazon’s strategy,…
Amazon’s ambitious venture into cashier-less technology, once hailed as the future of retail, faces a setback as the company withdraws its “Just Walk Out” system from US Amazon Fresh grocery stores. The move marks a significant shift from the grand promises of automated, frictionless checkout. Instead of the cashier-less technology, Amazon is introducing Dash Cart…
Amazon has unveiled a new feature that enables users to sign up for its palm recognition service directly from their mobile phones, marking a significant expansion of its Amazon One program. The introduction of the Amazon One app, compatible with both iOS and Android devices, empowers users to enrol in the palm recognition service conveniently…
The Federal Communications Commission (FCC) has initiated an investigation into Amazon and other retailers following allegations of marketing and selling illegal electronic devices designed to disrupt wireless signals sent by other electronics. This inquiry comes after NBC News uncovered the sale of radio frequency jammers, which are advertised for purposes such as deterring drones or…
A D.C. couple has initiated a $60 million lawsuit against Amazon and a Maryland-based delivery service after a pedestrian accident left the woman with severe injuries, as captured in video footage obtained by the News4 I-Team. The incident, which occurred on December 30 at the intersection of Cathedral Avenue and Massachusetts Avenue in Northwest Washington,…
Amazon’s founder, Jeff Bezos, has finalized another phase of his share sale plan, disposing of approximately 14 million Amazon shares valued at around $2.4 billion (£1.9 billion). This recent sale marks Bezos’s divestment of approximately 50 million Amazon shares over the past nine trading days, totalling approximately $8.5 billion. Bezos had previously disclosed intentions to…
Nvidia, a leading figure in artificial intelligence technology, has reached yet another milestone on Wall Street, surpassing Alphabet in market capitalization just one day after overtaking Amazon. The market capitalization of Nvidia soared to $1.83 trillion on Wednesday, edging past Alphabet’s $1.82 trillion valuation. Nvidia’s shares climbed 2.5% to $739 each, while Alphabet’s shares closed…
Multi-billionaire Jeff Bezos has continued to divest from Amazon, selling a significant portion of his shares in the tech giant, totalling more than $4 billion (£3.2 billion) in recent days. Bezos, who founded Amazon in 1994 and currently serves as its executive chair, has sold 24 million Amazon shares this month alone, according to statements…
In a strategic move reflecting the escalating demand and costs associated with IPv4 addresses, Amazon Web Services (AWS) recently implemented a new pricing structure, charging customers $0.005 per public IPv4 address per hour. While seemingly modest, this adjustment is poised to become a lucrative revenue stream for Amazon’s cloud division. IPv4 addresses, akin to digital…
