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Project Kuiper: How Amazon’s satellite internet system will work

by Ev Richard
Project Kuiper: How Amazon’s satellite internet system will work

In October, Amazon launched a pair of two prototype satellites for its Project Kuiper network. The motive was to assess the working of its upcoming constellation of satellites that will …

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Categories Technology

Amazon: Amazon’s cost-cutting measures lead to big jump in profits: All the details

by Ev Richard
Amazon: Amazon’s cost-cutting measures lead to big jump in profits: All the details

Amazon reported strong third-quarter results on Thursday, with revenue growth and operating income both tripling year-over-year.Net sales increased 13% to $143.1 billion in the third quarter, compared with $127.1 billion …

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Categories Technology

Amazon invests in one of the ‘most-valued’ AI startups, and why it may be good news for tech industry

by Ev Richard
Amazon invests in one of the ‘most-valued’ AI startups, and why it may be good news for tech industry

Internet giant Amazon has announced that it will invest up to $4 billion in cash in artificial intelligence (AI) startup Anthropic. The announcement comes as the world’s biggest technology companies …

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Categories Technology

Workforce: Back to office: Amazon CEO has a ‘warning’ for employees

by Ev Richard
Workforce: Back to office: Amazon CEO has a ‘warning’ for employees

Earlier this year, Amazon CEO Andy Jassy told the employees that they need to come to the office for at least three days a week. This sparked protests and some …

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Categories Technology

Amazon’s Remarkable Quarter: Achieving Record Success Amidst Cost Reductions and Staff Reductions

by Ev Richard
Amazon’s Remarkable Quarter: Achieving Record Success Amidst Cost Reductions and Staff Reductions

Amazon was one of the first companies to announce mass layoffs last year. It followed up with more layoffs and cost-cutting measures early this year. Reports suggested that Amazon laid …

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Categories Technology

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