Tag: amazon
2 Jun 2026
Google parent company launches $80bn AI funding drive as Berkshire commits $10bn
The company said that they will have a $30 billion public stock offering. They will also have a $10 billion placement with Warren Buffett’s Berkshire Hathaway. Furthermore, there will be a $40 billion share sale program. This program is expected to start in the quarter of 2026.
1 May 2026
Amazon says damaged UAE cloud region recovery to take several months
The company stated that as a result of the damage to its facilities in the UAE, it was forced to suspend billing operations in the country.
29 Jan 2026
Amazon to cut 16,000 jobs worldwide
Media reports from October had said the roughly 30,000 job cuts planned in total would impact nearly 10 percent of the 350,000 office jobs at