Amazon cuts hundreds of jobs in cloud computing unit
Amazon cuts hundreds of jobs in cloud computing unit The cuts affect hundreds of staffers in AWS’ store technology and sales and marketing units.
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Amazon cuts hundreds of jobs in cloud computing unit The cuts affect hundreds of staffers in AWS’ store technology and sales and marketing units.
TSMC’s evacuated workers return to some factories after Taiwan’s strongest earthquake in 25 years The island was rocked by a massive earthquake that collapsed buildings and prompted tsunami advisories from Japan and the Philippines.
Waymo self-driving cars are delivering Uber Eats orders for first time Uber Eats customers may now receive orders delivered by one of Waymo’s self-driving cars in the Phoenix metropolitan area.
FDA authorizes Prenosis software as first AI tool that can diagnose sepsis Prenosis announced its AI-powered diagnostic tool for sepsis has been approved by the FDA
Noted Tesla bear says Musk’s EV maker could ‘go bust’ and stock is worth $14 Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.
Amazon ditches cashierless checkout system at its grocery stores The company said it won’t include the system, called Just Walk Out, in existing Fresh stores or new locations, and will instead rely more heavily on Dash Carts.
In the wake of bitcoin’s new highs, South Korea’s ‘kimchi premium’ is in the spotlight again The “kimchi premium” is the price gap in cryptocurrencies, especially bitcoin, when listed in South Korea versus those listed in U.S. or European exchanges.
Intel shares fall after company reveals $7 billion operating loss in foundry business Intel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion.
Zoom and Salesforce stand to benefit from Microsoft’s unbundling of Teams and Office Microsoft’s decision to untie its Teams communications app from Office bundles is a potential boon for rivals Zoom and Salesforce.
Rubrik files to go public as tech companies see thawing of IPO market Rubrik filed to go public on the New York Stock Exchange, becoming the latest tech company to test investor appetite for new offerings.
Japan approves additional $3.9 billion in subsidies for chip firm Rapidus to meet semiconductor goals Japan is trying to play catch up with other countries such as Taiwan and South Korea in semiconductor manufacturing.
Mike Lynch-backed legal tech startup Luminance raises $40 million, capitalizing on AI hype Legal tech firm Luminance has raised $40 million in a venture round backed by U.S. venture fund March Capital, the company told CNBC exclusively.
Bitcoin tumbles $5,000 in 24 hours as interest rates jump Bitcoin fell to start the new month and quarter, amid rising Treasury yields and strength in the U.S. dollar.
As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention BurnBot raised $20 million as it works toward developing technology that can help prevent wildfires.
Comedian Jon Stewart says Apple asked him not to interview FTC Chair Lina Khan Jon Stewart on Monday said Apple asked him not to interview FTC Chair Lina Khan while he was working with Apple TV+.
Tesla shares fall after deliveries drop 8.5% from a year ago Tesla just reported first-quarter vehicle production and deliveries for 2024.
Jeff Bezos ‘aggressive’ again Tuesday selling more Amazon stock after unloading shares last week, sources say Jeff Bezos is expected to be “aggressive” in dumping more shares of Amazon on Tuesday, sources told CNBC’s David Faber.
HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme 27 firms have been approved under a production linked incentive scheme to manufacture IT hardware in India, as the country aims to boost domestic manufacturing.
Plaid taps Adyen executive to lead its European operations U.S. financial technology firm Plaid has hired Brian Dammeir, a former Adyen executive, as its new head of Europe, the company told CNBC exclusively.
Biden joins Meta’s Threads after White House rebukes Elon Musk for ‘anti-semitic rhetoric’ on X President Joe Biden and Vice President Kamala Harris have joined Meta’s Threads app, which competes with Elon Musk’s X