Tag: amazon
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Brussels tightens rules on US cloud providers in tech sovereignty push
The European Commission has decided that Microsoft Azure and Amazon Web Services should face strict rules to improve cloud competition. The move risks angering Washington as Brussels pushes the European tech sovereignty agenda. #EuropeNews
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EU targets Amazon, Microsoft cloud units for Big Tech “gatekeeper” rules
BRUSSELS, June 25 : EU antitrust regulators said Amazon and Microsoft’s cloud computing services should be designated as “gatekeepers” under landmark tech rules, a step that would subject them to strict obligations aimed at curbing market power.The designation under the Digital Markets Act would impose a
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Amazon, Microsoft cloud computing services should fall under EU tech rules, EU regulators say
BRUSSELS, June 25 : Amazon and Microsoft’s cloud computing services should be designated gatekeepers under EU rules aimed at reining in the power of Big Tech, EU antitrust regulators said on Thursday.Amazon Web Services and Microsoft Azure, the two largest cloud providers globally, should be designated gateke
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Amazon to invest additional $13 billion in India cloud, AI
June 25 : Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure.The new investment is in addition to its planned $35 billion funding announced last year, taking the e-commerce firm’s investment in the country to $48 billion through 2030.
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Amazon Prime Day to gauge US consumer strain as focus shifts to basics
NEW YORK, June 22 : Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers’ spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs rather than carefree splurges.The four-day blitz running June 23 to
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You have to fail at AI to succeed, says Amazon Web Services executive
“AI is a wonderful thought partner — but it’s not a tastemaker,” says AWS marketing chief Julie White in an interview with Euronews Next.
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Amazon points to water conservation steps in India amid data centre scrutiny
MUMBAI, June 19 : Amazon said on Friday its Indian operations had reached a major milestone in water conservation, at a time when global tech giants face increasing pressure over their expansion of resource-hungry AI data centres.The U.S.-based company announced it had turned “water positive” in India this ye
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Inside Amazon’s vision for AI, robotics and jobs in Europe
As policymakers across Europe debate how AI should reshape labour markets, Amazon’s European operations are a working example of how technology deployment and workforce participation can evolve together.
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SpaceX overtakes Amazon to become world’s fifth most valuable firm
Just three trading days after its record IPO, SpaceX has leapfrogged Amazon to become the world’s fifth most valuable listed company, with its shares briefly carrying it past Microsoft during a frenetic Tuesday session.
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Amazon may face penalties from potential FTC ad suit, Bloomberg News reports
June 16 : Amazon.com may face a U.S. Federal Trade Commission lawsuit that could result in civil penalties, following allegations that the e-commerce giant misled advertisers, Bloomberg News reported on Tuesday.The FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, ci
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