Tag: amazon
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Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years
SAN FRANCISCO, July 15 : Amazon veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy, is leaving the company after 19 years.He is leaving for another job, according to a memo from AWS CEO Matt Garman, who did not provide specifics. H
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Amazon Leo to bring satellite internet to South Africa in 2027
JOHANNESBURG, July 15 : Amazon’s low-earth orbit satellite internet venture Amazon Leo has signed an agreement with South Africa’s Herotel to launch a new broadband service aimed at connecting underserved rural communities, it said on Wednesday.Under the agreement, Herotel, South Africa’s largest fixed intern
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Amazon aims to raise $25 billion from bond sale
July 7 : Amazon.com said on Tuesday it is looking to raise $25 billion through a U.S. dollar bond sale, in the company’s latest push to fund its hefty AI investments.Tech companies have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including A
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Amazon aims to raise $25 billion from bond sale, source says
July 7 : Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, a source familiar with the matter told Reuters on Tuesday, in the company’s latest push to fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales to fund their costly
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Amazon aims to raise $25 billion from bond sale, Bloomberg News reports
July 7 : Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, Bloomberg News reported on Tuesday, in the company’s latest push to fund its hefty AI investments. The size of the offering could increase depending on investor demand, the report said, citing people familiar with th
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Google, Amazon emissions rise sharply, driven by AI boom
US tech giants Google and Amazon have reported a strong increase in greenhouse gas emissions in 2025. AI data centers are behind the rise, challenging the companies’ climate pledges.
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Amazon to start initial Leo internet service this year as network nears 400 satellites
WASHINGTON, July 2 : Amazon expects to roll out initial internet service with its Leo broadband satellite network later this year after the company’s latest launch put the orbiting constellation’s satellite count over 390, a company executive said on Thursday.Amazon’s latest batch of 29 satellites lifted off
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Australia sues Amazon for making allegedly unfair contracts with subscribers
The Australian Competition and Consumer Commission (ACCC) says Amazon has broken consumer protection law
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Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers
SAN FRANCISCO, June 30 : Amazon said on Tuesday it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed engineers who embed with customers to help them more quickly and efficiently adopt artificial intelligence software.The company is committing an initial $
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Australia sues Amazon unit over alleged breach via Prime Video ads
June 30 : Australia’s competition regulator said on Tuesday it has taken Amazon’s Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to Prime Video.The Australian Competition and Consumer Commission (ACCC) alleged that between
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