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  • Amazon to pay $31 million in privacy violation penalties for Alexa voice assistant and Ring camera June 01, 2023 09:09 PM IST

    Amazon to pay $31 million in privacy violation penalties for Alexa voice assistant and Ring camera

    Separately, the company agreed to pay $5.8 million in customer refunds for alleged privacy violations involving its doorbell camera Ring.

  • Amazon's Ring used to spy on customers, FTC says in privacy settlement June 01, 2023 02:00 PM IST

    Amazon's Ring used to spy on customers, FTC says in privacy settlement

    Amazon also agreed to pay $25 million to settle allegations it violated children's privacy rights when it failed to delete Alexa recordings at the request of parents and kept them longer than necessary, according to a court filing in federal court in Seattle that outlined a separate settlement.

  • Amitabh Bachchan’s voice no longer available on Alexa as Amazon discontinues celebrity feature June 01, 2023 12:10 PM IST

    Amitabh Bachchan’s voice no longer available on Alexa as Amazon discontinues celebrity feature

    Amazon has confirmed it will discontinue its celebrity voice feature for Alexa devices.

  • Amazon workers stage walkout over company's climate impact, return-to-office mandate May 31, 2023 11:40 PM IST

    Amazon workers stage walkout over company's climate impact, return-to-office mandate

    The lunchtime protest comes a week after Amazon's annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week.

  • Amazon workers upset over job cuts, return-to-office mandate stage walkout May 31, 2023 10:04 AM IST

    Amazon workers upset over job cuts, return-to-office mandate stage walkout

    The lunchtime protest comes a week after Amazon’s annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week.

  • Jeff Bezos prepares prenup to protect his $138 billion in marriage to Lauren Sanchez May 30, 2023 02:16 PM IST

    Jeff Bezos prepares prenup to protect his $138 billion in marriage to Lauren Sanchez

    Not having a prenup ready in marriage to first wife MacKenzie Scott cost Jeff Bezos $38 billion when the couple divorced in 2019.

  • Jeff Bezos and Lauren Sanchez celebrated engagement with $4,000 wine and... May 30, 2023 12:24 PM IST

    Jeff Bezos and Lauren Sanchez celebrated engagement with $4,000 wine and...

    Jeff Bezos and Lauren Sanchez had made a grand entrance in Cannes in the Amazon billionaire's $500 million megayacht named Koru.

  • Emissions from online deliveries to touch 8 million tonnes/year by 2030: Report May 25, 2023 03:55 PM IST

    Emissions from online deliveries to touch 8 million tonnes/year by 2030: Report

    Total annual emissions touching 8 million tonnes of CO2 is equivalent to emissions generated by 1.615 million petrol cars driven for a year or the emissions from 20 gas-fired power plants in a year, the report suggested.

  • Amazon leads $20 million round in Hopscotch parent May 24, 2023 07:54 PM IST

    Amazon leads $20 million round in Hopscotch parent

    The New York and Mumbai-based company will use the fresh funds to expand its offerings and increase its customer base

  • $9 trillion worth! Apple, Microsoft, 3 other tech companies now make up 25% of S&P 500 May 23, 2023 03:45 PM IST

    $9 trillion worth! Apple, Microsoft, 3 other tech companies now make up 25% of S&P 500

    According to a Bloomberg report, this year’s tech rally has lifted Apple, Microsoft, Alphabet and Amazon at least 30 percent and doubled the value of Nvidia and Meta

  • Jeff Bezos engaged to Lauren Sanchez with a 20-carat diamond: reports May 23, 2023 09:56 AM IST

    Jeff Bezos engaged to Lauren Sanchez with a 20-carat diamond: reports

    Amazon founder Jeff Bezos and his partner Lauren Sanchez are engaged, a source close to the couple has confirmed to CNN.

  • Amazon Is Everywhere. That’s What Makes It So Vulnerable May 20, 2023 08:40 PM IST

    Amazon Is Everywhere. That’s What Makes It So Vulnerable

    As recently as four years ago, the blue-gray vehicle with the smiley arrow was a relative novelty among fleets of brown and blue-and-white delivery trucks clogging the streets. Today, Amazon vans are almost inescapable. Between 2020 and 2022, their numbers more than doubled, to roughly 100,000.

  • Amazon leases around 4 lakh sq ft of space for three years for about Rs 3 crore per month in Chennai May 20, 2023 07:28 PM IST

    Amazon leases around 4 lakh sq ft of space for three years for about Rs 3 crore per month in Chennai

    This comes despite 500 employees being laid off across verticals in India in the second round of job cuts announced earlier this year. 

  • Tech layoffs: Ex-Amazon employee sacked after return from maternity leave May 19, 2023 07:44 PM IST

    Tech layoffs: Ex-Amazon employee sacked after return from maternity leave

    Tech layoffs: The layoffs at Amazon have left a trail of displaced employees seeking new opportunities.

  • Woman laid off by Amazon rejoins same team after 4 months May 19, 2023 07:16 PM IST

    Woman laid off by Amazon rejoins same team after 4 months

    The woman has been re-hired at Amazon, joining the Social Marketing team, her old team, in a new role as a Product Marketing Manager.

  • 'Today has been difficult': Amazon employee laid off in Hyderabad May 19, 2023 02:38 PM IST

    'Today has been difficult': Amazon employee laid off in Hyderabad

    The employee, however, was optimistic about what lay ahead of him, in terms of opportunities and expressed gratitude for his time at Amazon.

  • After years of steep growth during Covid, e-commerce GMV slowed in FY23: Redseer May 19, 2023 08:38 AM IST

    After years of steep growth during Covid, e-commerce GMV slowed in FY23: Redseer

    Simply put, GMV is the total sales over a period of time. It may sometimes be the same as revenues depending on the type of business. For e-commerce companies, while GMV is a reflection of the total value of goods sold, their revenues are only the fees earned from sellers.

  • Growing at a 40% CAGR, Indian data centre market to reach 1700 MW capacity by 2025 May 19, 2023 08:20 AM IST

    Growing at a 40% CAGR, Indian data centre market to reach 1700 MW capacity by 2025

    Seven cities contribute 92 percent of the total capacity in India. Delhi, Chennai, Hyderabad and Kolkata have the largest total DC capacity currently under construction.

  • Moneycontrol Daily: Your Essential 7 May 19, 2023 06:12 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • Amazon's Big Bet On India | AWS To Invest $12.7 Billion By 2030 | CEO Adam Selipsky Interview May 18, 2023 07:11 PM IST

    Amazon's Big Bet On India | AWS To Invest $12.7 Billion By 2030 | CEO Adam Selipsky Interview

    Adam Selipsky, CEO of Amazon Web Services (AWS), speaks to Shereen Bhan on company's is plan to invest $12.7 billion in India by 2030. Find out more about the company's expansion plans & the road ahead.

  • Amazon unveils new gadgets as AI race heats up May 18, 2023 09:56 AM IST

    Amazon unveils new gadgets as AI race heats up

    For more than a year the digital assistant has been using a home-built set of large language models — the foundational networks that enable ChatGPT and rival technologies — to help summarize text gathered from the web and make Alexa more conversant in various languages, Dave Limp, Amazon’s senior vice president of Devices & Services, said in an interview.

  • Amazon's AWS to invest $12 billion into India's cloud infra: CEO Selipsky May 18, 2023 07:16 PM IST

    Amazon's AWS to invest $12 billion into India's cloud infra: CEO Selipsky

    Amazon Web Services has announced plans to invest $12.7 billion into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in India.

  • Google, Meta, Amazon hiring low-paid H1B workers after US layoffs: report May 17, 2023 03:10 PM IST

    Google, Meta, Amazon hiring low-paid H1B workers after US layoffs: report

    According to a report, Google swiftly filed H1B visa applications for international H1B hires, including software engineers, consultants, researchers, and various other roles, just a month after Sundar Pichai's announcement of the company's plan to cut 12,000 jobs.

  • '15-minute phone call': Indian Amazon employee laid off in US May 17, 2023 11:17 AM IST

    '15-minute phone call': Indian Amazon employee laid off in US

    Amazon layoffs: H-1B visa-holders get only 60 days after termination to either find a new job, have another employer file an H-1B petition on their behalf, or leave the US.

  • How Lucknow woman got interview calls from Google, Microsoft, Amazon, Infosys and Goldman Sachs May 16, 2023 02:35 PM IST

    How Lucknow woman got interview calls from Google, Microsoft, Amazon, Infosys and Goldman Sachs

    A software engineer at Google has revealed the five-step strategy that helped her get interview calls from some of the biggest names in tech – including Microsoft, Amazon and Infosys.