Amazon sets $48B India investment plan through 2030
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to...
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Modi unveils 2047 tax holiday to grow India data centres
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
Global tech stocks tumble after DeepSeek AI model announcement
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that...
Amazon to close all Quebec warehouses, cutting 1,700 jobs
Amazon announced it will close all seven of its warehouses in Quebec, Canada, over the next two months, eliminating approximately 1,700 full-time jobs and 250...
Wall Street rallies on softer-than-feared Trump trade policies
The Dow Jones Industrial Average surged on Tuesday as investors reacted positively to President Donald Trump’s comments and initial actions on trade policy, which appeared...
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his...
AT&T mandates full in-office work for employees starting January 2025
AT&T will require all office employees to work on-site five days a week starting January 2025, tightening its return-to-office policy. This change marks a departure...
$1.1 billion program launched to preserve Amazon rainforest
Brazil and France have initiated a groundbreaking $1.1 billion program aimed at safeguarding the Amazon rainforest, a vital ecological asset. The investment, spanning over the...
Historic EU decision sets precedent for global AI regulation
In a landmark move, the European Union's parliament has greenlit the world's pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI)....