Tag: Amazon
Amazon invests in malls to expand distribution network
Jeff Bezos' electronic retail giant, Amazon is reportedly investing in strategically-located US shopping malls to convert them into massive distribution centers.
NBC News reports that...
Nokia teams with Google, AWS, Microsoft on 5G cloud
Nokia has tapped top companies to help it tackle 5G open and cloud RAN, and private networks products, inking separate deals with Google Cloud,...
Leaked: Walmart rollout plan to take on Amazon
Internal company documents from Walmart, obtained by Insider reveal the retailer’s initiative dubbed “Project Glass”, to strengthen its business and take on Amazon head-on.
Here’s...
Facebook’s Mark Zuckerberg is last founder-CEO left in Big Tech as...
When Amazon’s Jeff Bezos steps down as CEO later this year, Facebook’s Mark Zuckerberg will be the last founding CEO left at any of the big tech companies.
Apple transitioned from founder...
Jeff Bezos is stepping down as Amazon CEO
Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the role of executive chair,...
Tech giants make billions during Joe Biden’s first days in office
Several tech giants and their owners made tens of billions of dollars in just the few first days of US President Joe Biden in...
Elon Musk overtakes Bezos to become world’s richest person
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.
A 4.8% rally in the electric carmaker’s...
Alibaba owner Jack Ma dethroned as richest man in China
A bottled-water and vaccine tycoon, Zhong Shanshan, has dethroned Alibaba owner Jack Ma to become China’s wealthiest person in a day also marked by...
Top 10 big tech owners lost US$44 billion this week
The collective wealth of the 10 wealthiest tech billionaires just dropped by $44 billion due to large tech sell-off this week.
According to the Bloomberg...
Facebook, Google, Apple, Amazon told their ‘monopoly’ could be illegal
Lawmakers in the United States have told Apple, Google, Facebook and Amazon their clout could be illegal and the government is working on doing...