The sale plan, which is subject to certain conditions, was adopted on 8 Nov last year and will be completed by 31 Jan 2025, according to the company's latest annual report.
Jeff Bezos and Elon Musk may have revived the race to space, but others are not far behind. It’s possible to reach the edge of space efficiently in a balloon.
The cuts would represent about 3% of Amazon's corporate staff. The exact number may vary as businesses within Amazon review their priorities, according to Reuters' source.
Bezos, who stepped down as Amazon's CEO last year, owns about 10% of the e-commerce giant, along with news organization Washington Post and space tourism company Blue Origin.
The e-commerce giant had failed to delete content on drug use & 'propagandising suicide', illegal under Russian law. The court had earlier banned Meta as an 'extremist' organisation.
In a series of tweets, Bezos drew attention to the EV giant’s close ties with China, the world’s biggest electric vehicle market and home to Tesla’s first overseas factory.
For the first time, the rights to broadcast IPL matches on television and to stream them online will be sold separately, opening the door to Amazon and its Prime video service.
An ordinary commercial dispute between Amazon and Future Retail founders shines a harsh light on the quality of legal and regulatory protection investors receive in India.
He single-handedly identified a persistent problem in the industry & envisioned a digital solution now used by thousands of business owners and resellers across continents.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
COMMENTS