Big Tech Ramps Up AI Spending Despite Cost Reduction Trends
Despite speculation that AI development costs might decline, major technology companies continue to pour billions into artificial intelligence (AI) investments. ...
Tag: Amazon
Jeff Bezos Overtakes Elon Musk as World’s Richest Person
In a recent development, Amazon's founder and billionaire, Jeff Bezos, has reclaimed the title of the world's richest person, surpassing ...
Jeff Bezos Sells Over $2 Billion Worth of Amazon Shares in Strategic Divestment Move
In a strategic move, Jeff Bezos, the renowned founder of Amazon.com Inc., has undertaken a significant divestment by selling 12 ...
Alibaba Loses $20 Billion in Market Cap as Cloud Spinoff Plan Is Shelved
Chinese e-commerce juggernaut Alibaba faced a substantial setback as it witnessed a staggering $20 billion erosion in market capitalization following ...
Spain Fines Amazon and Apple $218 Million for Collusion in Product Sales.
The Spanish competition watchdog has levied fines totaling $218 million against US tech giants Amazon and Apple for colluding in ...
Amazon Ring to Pay $5.8 Million Settlement over Privacy Violations, FTC Confirms.
Ring has stated that the employees involved in these breaches are no longer employed by the company, according to a ...
Popular Story
Nigerian Stock Market Declines for Third Consecutive Week Amid Portfolio Reshuffling
States Plan N28.8 Trillion Infrastructure Spending Amid Funding Challenges
Bitcoin Faces Downward Pressure as Price Struggles Below $85,000
Fair Money Job Opening: Regional Sales Manager
Top-Performing Nigerian Equity Funds in January 2025
RateCaptain
We bring you the most accurate in new and market data. Check our landing page for details.