#Amazon

AI in retail

How AI is transforming the retail experience: From fashion to ecommerce

Shopping is becoming more streamlined as retailers harness AI technology for personalisation, gamification and support, says Karl Escritt, CEO of Like Digital & Partners

AMAZON KUIPER NETWORK

Amazon launches first test satellites for Kuiper internet network

Amazon has vowed to invest $10bn into its Kuiper project, which was announced in 2019

amazon

US FTC files antitrust lawsuit against Amazon.com: Why is it significant?

The lawsuit against Amazon is part of a larger effort to address antitrust concerns related to major tech companies

Echo Show 8

Amazon upgrades Echo Show 8 with new features

The device features a new industrial design, intuitive home screen experience, upgraded processor, spatial audio and a built-in smart home hub

Alexa google assistant

Amazon’s Alexa, Google’s Assistant will share JBL smart speaker

Amazon.com and Alphabet say these are the first products that will let people use two assistants at once

BCCI to auction cricket broadcast rights for bilateral series

Amazon, Google wooed by India’s BCCI for $750m cricket rights: Report

The reportedly lukewarm response by media firms ahead of BCCI’s auction highlights the struggle to make money from bilateral cricket series

Amazon

Amazon’s robot workers to help run Australia’s largest warehouse

The 209,000 square metre four-level fulfillment centre is due to be complete in 2025

Echo Pop

Amazon introduces all-new Echo Pop in UAE

The device is available in Lavender Bloom, Midnight Teal, Glacier White and Charcoal colours

Public cloud

Public cloud’s contribution to UAE economy could reach $181bn by 2033 – report

Amazon Web Services commissioned a study to provide an econometrical method for calculating the aggregate productivity gains realised by economies that adopt cloud computing

Amazon

Amazon to invest $12.7bn in India cloud services by 2030

The US company’s cloud business, which has data centres in the Mumbai and Hyderabad regions has already invested $3.7bn in India from 2016 to 2022

Amazon

Amazon starts round of layoffs in AWS cloud services division

The company is axing 27,000 mostly corporate positions after a hiring spree during the pandemic left the company with too many people

Amazon

Interview: Prashant Saran, director of operations at Amazon MENA

How Amazon is aiming to better serve customers through faster and more efficient delivery

fulfillment centre

Amazon opens a new fulfillment centre in Dubai South

The new facility will increase Amazon’s storage capacity by 70 per cent, supporting a wider selection of products for customers

Alexa

Alexa MENA’s Dr Raf Fatani shares how the brand is delivering a fully localised experience

Hyper-localisation is key to driving brand growth in new markets, says, the company’s regional general manager

One Medical

Amazon has completed $3.49bn deal for One Medical

One Medical operates more than 200 medical offices in 26 markets in the US

Freshtohome

FreshToHome raises $104m with Amazon as lead investor

Investment represents Amazon Smbhav Venture Fund’s first direct foray into the D2C branded food space

Zappos

Amazon subsidiary Zappos lays off around 20% of staff

The company’s spokesperson Laura Davis stated that the cuts were part of regular business planning

Leap23

Saudi’s LEAP23 announces series of new investments, equalling $580m

New deals include the launch of a data centre and two dedicated academies for developing technical skills and unearthing homegrown talent

IBM

IBM to cut about 3,900 workers, still hiring in ‘higher growth’ areas

The company’s current headcount is 260,000

Apple

Apple to expand smart-home lineup

The brand is working on a slate of devices, including new displays and a faster TV set-top box, after relaunching its larger HomePod speaker

e& enterprise

UAE’s etisalat by e& named strongest Middle Eastern brand

Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand

Amazon cuts 18,000 jobs

Amazon to slash more than 18,000 jobs

The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting

Amazon

Amazon vows to replenish all the water it uses for data centres

Currently, AWS relies on recycled water for 20 of its data centres

AWS

Amazon’s new chip moves AWS into high-performance computing

Amazon says making its own chips will give customers more cost-effective computing power than they could get by renting time on processors

Amazon, Meta join ranks of tech companies slashing thousands of jobs

Amazon, Meta join ranks of tech companies slashing thousands of jobs

In recent earnings reports, Alphabet, Amazon, Meta Platforms, Microsoft and others fell short of projections, sending shares plunging and shaving hundreds of billions of dollars from their market valuations

Amazon

Amazon’s new warehouse robot could one day replace humans

Amazon employs hundreds of thousands of workers, whose dexterity and intuition currently let them pick and pack items more quickly and more reliably than existing machines

Amazon opens its new corporate office in Riyadh

Amazon opens its new corporate office in Riyadh

With the opening of the new office, Amazon is also working to launch an initiative to empower and train Saudi talent

AMAZON LAUNCHES INTELLECTUAL PROPERTY ACCELERATOR IN THE UAE

Amazon launches intellectual property accelerator in UAE to help SMBs trademark their brand

The IP Accelerator connects SMBs with a network of curated intellectual property law firms for trademark registration and advisory services

Kyndryl

IBM spinoff Kyndryl is betting on Amazon, Microsoft, and Google for growth

The spinoff left Kyndryl with 90,000 employees and a large chunk of the legacy infrastructure services business that had been a drag on growth for IBM before the split

Apple

Apple lays off recruiters as part of its slowdown in hiring

Apple is still retaining recruiters who are full-time employees and not all of its contractors were fired as part of the move