Matt Day Bloomberg
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Jeff Bezos's Mother Jackie Bezos Dies At 78. She Was First To Invest In Amazon
In a tribute on social media, Jeff Bezos wrote that his mother died "surrounded by so many of us who loved her," saying her death followed "a long fight with Lewy body dementia."
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Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
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Microsoft Is Bringing Elon Musk’s AI Models to Its Cloud
Microsoft's AI marketplace is set to add models from Elon Musk's xAI. Grok 3, that was introduced by Musk earlier this year, will be available on Microsoft’s cloud-computing platform in the coming time. Meanwhile, xAI’s Grok 3 and Grok 3 mini will be available on Microsoft’s Azure AI Foundry.
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Microsoft Fires 2 Employees Who Protested During 50th Anniversary
Microsoft informed Ibtihal Aboussad, a pro-Palestine employee, that her employment had been terminated due to "acts of misconduct."
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Amazon Paused Rollout of Microsoft Office for a Year After Hacks
Amazon paused the rollout after Microsoft discovered a Russia-linked hacker group had gained access to some of its employees’ email accounts. After conducting its own analysis of the software, Amazon asked for changes to guard against unauthorised access and create a more detailed accounting of user activity in the apps
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Microsoft Hires Meta's Former Engineering Head Jay Parikh
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
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Microsoft's Satya Nadella Got 63% Hike In 2024, Received Pay Package Of...
Microsoft Corp. Chief Executive Officer Satya Nadella received a pay package worth $79.1 million for fiscal 2024, a 63% increase from the prior year as the software maker worked to extend its strong position in artificial intelligence tools.
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Microsoft Launches AI Agents, Deepening Rivalry With Salesforce
Microsoft has confirmed that it will roll out 10 “autonomous agents” to complete tasks on behalf of people in areas such as sales, customer support and accounting.
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Amazon Invests Additional $2.75 Billion in AI Startup Anthropic
Amazon is investing an additional $2.75 billion in AI startup Anthropic, bringing the former's total investment in the well-regarded AI builder to $4 billion. As part of the deal, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations, and to use Amazon's custom-built computer chips.
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Meet Rajeev Badyal, Man Who Heads Amazon's New Internet Satellite Project
For a harrowing hour or two, after Amazon.com Inc. launched its first satellites, it appeared the company might have lost one of them. The two prototypes had entered orbit over the Atlantic Ocean at 2:24 p.m.
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Jeff Bezos Secretly Bought One Amazon Share. It Earned Him...
Jeff Bezos, the world's third-richest person, did something strange two weeks ago: He bought a single share of Amazon.com Inc. for $114.77.
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Amazon Plans to Add ChatGPT-style Conversational Product Search to its Online Store
The e-commerce giant’s ambitions appear in recent job postings reviewed by Bloomberg News. One listing seeking a senior software development engineer says the company is “reimagining Amazon Search with an interactive conversational experience” designed to help users find answers to questions, compare products and receive personalised suggesti...
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Amazon Said to Be Facing FTC Complaint for Illegally Collected Kids’ Data
Federal regulators are expected to sue Amazon.com over allegations that the e-commerce giant illegally collected data on children, according to two people familiar with the case. The Federal Trade Commission recommended filing a complaint that Amazon’s Alexa-powered speakers are collecting information about children under the age of 13 without pa...
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Amazon Begins Its Largest-Ever Layoffs: 18,000 People
Amazon.com Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history, which it announced earlier this month.
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Amazon Escalates Job Cuts, Says It Will Lay Off More Than 18,000 Workers
Amazon on Wednesday announced in a memo to staff that the firm would lay off more than 18,000 employees. The company's job cuts, which began last year, were previously expected to affect about 10,000 people. Amazon had over 1.5 million employees as of the end of September 2022, which means the latest job cuts would involve around 1 percent of its w...
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Jeff Bezos's Mother Jackie Bezos Dies At 78. She Was First To Invest In Amazon
In a tribute on social media, Jeff Bezos wrote that his mother died "surrounded by so many of us who loved her," saying her death followed "a long fight with Lewy body dementia."
-
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
-
Microsoft Is Bringing Elon Musk’s AI Models to Its Cloud
Microsoft's AI marketplace is set to add models from Elon Musk's xAI. Grok 3, that was introduced by Musk earlier this year, will be available on Microsoft’s cloud-computing platform in the coming time. Meanwhile, xAI’s Grok 3 and Grok 3 mini will be available on Microsoft’s Azure AI Foundry.
-
Microsoft Fires 2 Employees Who Protested During 50th Anniversary
Microsoft informed Ibtihal Aboussad, a pro-Palestine employee, that her employment had been terminated due to "acts of misconduct."
-
Amazon Paused Rollout of Microsoft Office for a Year After Hacks
Amazon paused the rollout after Microsoft discovered a Russia-linked hacker group had gained access to some of its employees’ email accounts. After conducting its own analysis of the software, Amazon asked for changes to guard against unauthorised access and create a more detailed accounting of user activity in the apps
-
Microsoft Hires Meta's Former Engineering Head Jay Parikh
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
-
Microsoft's Satya Nadella Got 63% Hike In 2024, Received Pay Package Of...
Microsoft Corp. Chief Executive Officer Satya Nadella received a pay package worth $79.1 million for fiscal 2024, a 63% increase from the prior year as the software maker worked to extend its strong position in artificial intelligence tools.
-
Microsoft Launches AI Agents, Deepening Rivalry With Salesforce
Microsoft has confirmed that it will roll out 10 “autonomous agents” to complete tasks on behalf of people in areas such as sales, customer support and accounting.
-
Amazon Invests Additional $2.75 Billion in AI Startup Anthropic
Amazon is investing an additional $2.75 billion in AI startup Anthropic, bringing the former's total investment in the well-regarded AI builder to $4 billion. As part of the deal, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations, and to use Amazon's custom-built computer chips.
-
Meet Rajeev Badyal, Man Who Heads Amazon's New Internet Satellite Project
For a harrowing hour or two, after Amazon.com Inc. launched its first satellites, it appeared the company might have lost one of them. The two prototypes had entered orbit over the Atlantic Ocean at 2:24 p.m.
-
Jeff Bezos Secretly Bought One Amazon Share. It Earned Him...
Jeff Bezos, the world's third-richest person, did something strange two weeks ago: He bought a single share of Amazon.com Inc. for $114.77.
-
Amazon Plans to Add ChatGPT-style Conversational Product Search to its Online Store
The e-commerce giant’s ambitions appear in recent job postings reviewed by Bloomberg News. One listing seeking a senior software development engineer says the company is “reimagining Amazon Search with an interactive conversational experience” designed to help users find answers to questions, compare products and receive personalised suggesti...
-
Amazon Said to Be Facing FTC Complaint for Illegally Collected Kids’ Data
Federal regulators are expected to sue Amazon.com over allegations that the e-commerce giant illegally collected data on children, according to two people familiar with the case. The Federal Trade Commission recommended filing a complaint that Amazon’s Alexa-powered speakers are collecting information about children under the age of 13 without pa...
-
Amazon Begins Its Largest-Ever Layoffs: 18,000 People
Amazon.com Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history, which it announced earlier this month.
-
Amazon Escalates Job Cuts, Says It Will Lay Off More Than 18,000 Workers
Amazon on Wednesday announced in a memo to staff that the firm would lay off more than 18,000 employees. The company's job cuts, which began last year, were previously expected to affect about 10,000 people. Amazon had over 1.5 million employees as of the end of September 2022, which means the latest job cuts would involve around 1 percent of its w...
