Amazon AWS Growth Surges 37% to $42.2B as AI Demand Propels Cloud Revenue Amazon reports 37% AWS growth to $42.2B as AI demand boosts cloud revenue; company posts $200.6B quarter, …
Amazon
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Technology
Warner Bros. Discovery sues Amazon, alleges poaching and breach of contract
by Helga Moritzby Helga MoritzWarner Bros. Discovery sues Amazon over alleged poaching of contracted executives Warner Bros. Discovery lawsuit accuses Amazon of recruiting contracted staff, including an HBO Max marketing executive, and breaching term …
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Business
Vinted surpasses Amazon in European clothing sales but faces fraud scandals
by Leo Müllerby Leo MüllerVinted’s Rise to Retail Power and the Fraud Scandals Threatening Its Growth Vinted has surged into the top tier of European resale marketplaces, even outselling Amazon for clothing in some …
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Wimbledon 2026: Zverev Leads German Contingent as Championships Begin June 29 Wimbledon 2026 arrives with new momentum for Alexander Zverev after his first Grand Slam title in Paris, and the …
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Technology
Amazon announces $13 billion AI and cloud investment in India through 2030
by Helga Moritzby Helga MoritzAmazon investment in India jumps by $13 billion to expand AWS AI and cloud infrastructure Amazon investment in India increases by $13B through 2030 to boost AWS data centers and …
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Business
SpaceX surges to $2.75 trillion valuation, overtakes Amazon in market value
by Leo Müllerby Leo MüllerSpaceX IPO Sends Valuation to $2.75 Trillion After Stock Surge SpaceX IPO stock jumped to $209 per share, valuing the company at $2.75 trillion and briefly eclipsing peers as analysts …
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Technology
SpaceX Surges to $2.8 Trillion Valuation, Poised to Overtake Amazon
by Helga Moritzby Helga MoritzSpaceX valuation nears $2.8 trillion as premarket surge puts it on track to overtake Amazon SpaceX valuation jumps in premarket trading, pushing market capitalization toward $2.8 trillion and putting the …
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Business
Kaufland Marketplace Seeks to Become European Alternative to Amazon and Temu
by Leo Müllerby Leo MüllerKaufland online marketplace pushes to become Europe’s alternative to Amazon, Temu and Shein Kaufland online marketplace ramps up European expansion, using in-store data, AI and stricter seller controls to compete …
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Technology
Anthropic valuation hits $380 billion as Amazon commits up to $25 billion
by Helga Moritzby Helga MoritzAnthropic valuation tops $380 billion as Amazon joins $25 billion investment plan Anthropic valuation reached $380 billion after a recent funding round, with Amazon among investors and a concurrent pact …
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Politics
Brazil announces Petrobras will resume Amazon oil drilling after decade-long pause
by Hans Ottoby Hans OttoAmazon oil drilling set to resume as Brazil, Petrobras announce R$2.5bn Urucú plan Lula and Petrobras to restart Amazon oil drilling at Urucú with R$2.5bn investment; officials say oil revenues …