DeepSeek fails to deter $325-billion gamble of the century

by Speedinet | Feb 7, 2025 | AI and machine learning, Amazon, Andy Jassy, ChatGPT, DeepSeek, Google, Meta Platforms, Microsoft, News, Sections

Amazon.com, Google, Meta Platforms and Microsoft are embarking on an unprecedented year of spending.

Amazon Prime Video to pivot to live sport

by Speedinet | Jan 26, 2025 | Amazon Prime Video, Andy Jassy, Broadcasting and Media, ESPN, Netflix, News, Prime Video, Sections

Prime Video has reportedly shifted its strategic focus towards live sports and away from original content.

Amazon employees gripe about work culture

by Speedinet | Oct 21, 2024 | Amazon, Andy Jassy, Jeff Bezos, News, Retail and e-commerce, Sections

Amazon.com workers’ complaints about company culture turned public last week.

Microsoft gaining ground in cloud race with AWS, Google

by Speedinet | Oct 27, 2023 | Amazon, Amazon Web Services, Andy Jassy, AWS, Azure, Cloud computing, Google, Google Cloud, Microsoft, Microsoft Azure, News, Satya Nadella, Sections, Stefan Slowinski

Microsoft is pulling ahead of its chief rivals, Amazon.com and Google, in the burgeoning cloud services market.

Giants of tech hit as economic slump crimps demand

by Speedinet | Feb 3, 2023 | Alphabet, Amazon, Andy Jassy, Apple, Google, Investment, News, Sections, Sundar Pichai, Tim Cook

Apple, Amazon.com and Alphabet posted results on Thursday that show an economic slowdown is throttling demand.

Amazon to slash more than 18 000 jobs

by Speedinet | Jan 5, 2023 | Amazon, Andy Jassy, E-commerce, Sections, World

Amazon.com is laying off more than 18 000 employees, a significantly bigger number than previously planned.