Amazon.com Inc.’s Prime Video will air National Hockey League playoffs in Canada in a licensing agreement with Rogers Communications Inc. This marks Amazon's first opportunity to showcase hockey's premier event in a country where the sport is immensely popular.
Alphabet's free cash flow has turned negative, and the company lifted its capital spending forecast. Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.
Satellite imagery shows damage to two Amazon.com Inc. data centers in Bahrain, supporting Iran’s claims last week that it struck the sites with missiles.
Alphabet's free cash flow has turned negative, and the company lifted its capital spending forecast. Slower-growing cloud rivals report this week.
Amazon is reshaping its AI strategy by deprecating most Nova AI models and shifting resources to Pieter Abbeel's Frontier Model Research initiative.
United Parcel Service Inc. tumbled after its outlook for volume and profit margins underwhelmed investors looking for stronger signs of improvement as the courier unwinds its relationship with Amazon.com Inc.
United Parcel Service Inc. has increased its full-year financial outlook, but warned of lower delivery volume due to a pullback in its relationship with Amazon.com Inc. This news has left investors feeling uneasy about the company's performance in the second half of the year.
Investors are increasingly concerned over rush of borrowing to fund huge investments in data centres.
Amazon.com Inc. has requested permission from the US Federal Communications Commission to launch a direct-to-device network of 5,000 satellites to provide mobile services to cell phones from space, furthering the company’s competition with SpaceX.
The stock market is experiencing a sell signal, with significant attention on upcoming earnings reports from major tech companies including Apple, Amazon, Meta, and Microsoft. The Nasdaq has notably broken lower, indicating a shift in market sentiment.
Amazon.com Inc. has requested permission from the US Federal Communications Commission to launch a direct-to-device network of 5,000 satellites to provide mobile services to cell phones from space. This move is part of Amazon's strategy to enhance its competitive position against SpaceX.
Tech giant Amazon has filed to launch more than 5,000 satellites aimed at providing global consumer mobile services.
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