Tag:

Amazon

New Leadership Changes in Big Data Space for July 2024

Key Takeaways: - Silicon Valley entrepreneur and Aruba Networks co-founder, Keerti Melkote is now Anyscale's new CEO. - Tech veteran, Douglas Gourlay takes over as the...

Amazon Q2 Profits Surpass Expectations Despite Disappointing Sales

* Amazon's Q2 results reveal lower-than-expected sales yet a striking surge in profits. * Revenue from Amazon Web Services increases by 18.7%, contributing significantly to...

Unpacking the Impact and Implications of the European Union’s New AI Act

Key Takeaways: - The European Union's AI Act went into effect on August 1 and governs the use of AI applications across various fronts. - Companies...

Insights from Microsoft and Amazon Earnings Reflect on AI Demand and Economy Health

Key Takeaways: - Amazon and Microsoft earnings reveal insights into artificial intelligence (AI) demand and economic conditions. - Boeing's new CEO to be based in Seattle,...

Microsoft’s Bonus Plan, DoorDash Fees, and New AI Ventures Dominate Tech News

Key Takeaways: - Microsoft is set to offer a special one-time monetary award for employees - DoorDash resorts to new delivery fees in Seattle for operational...

Two Amazon Affiliated Delivery Firms in California Cease Operations: Over 170 Jobs Lost

Key Takeaways: - Two delivery companies affiliated with Amazon in Orland, California are suspending operations, leading to over 170 layoffs. - The companies, Beacon Logistics and...

Amazon’s Three-Day Work Week Sparks Revival in Seattle Neighborhood

Key Takeaways: - Amazon's return-to-office policy is cited as helping to revitalizing businesses in the South Lake Union area - Different businesses echoed the same sentiment...

Standard Bots Inc. Secures $63 Million for Tech Enhancement in AI-Powered Robotic Arms

Key Takeaways: - Standard Bots Inc. has raised $63 million in Series B funding round. - The funding is intended to enhance their technology designed for...