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Google, Amazon, Meta, Microsoft, and 15 other companies to be governed by EU content laws

As of August, 16 additional digital companies as well as Alibaba's (9988.HK) AliExpress, Amazon's (AMZN.O) Marketplace, Apple's App Store, and others will be governed...

World

US President Joe Biden commits $500 million to back the Amazon deforestation program

President Joe Biden of the United States promised to donate $500 million to the Amazon Fund on Thursday, making his nation one of the...

Business

Amazon closes its UK-based online shop Book Depository

The parent firm of UK-based online retailer Book Depository, US-based digital behemoth Amazon, has announced the closure of the former. After almost two decades in...

Business

Tech layoffs: PayPal cuts 2,000 jobs as global economy weakens

PayPal is shedding around 2,000 jobs, or 7% of its workers, as it becomes the latest big tech firm to cut costs. The online payments...

World

Amazon staff for the first time to embark on ever strike over pay

On Wednesday, Amazon employees will stage their first-ever walkout to protest pay against the online retailer. According to the GMB union, about 300 employees at Amazon's...

World

Netflix’s co-founder: Reed Hasting resigns, but subscriptions increase

Reed Hastings is giving up his position as co-CEO of Netflix, a company he co-founded more than 25 years ago. His announcement coincided with Netflix's...

Business

Amazon warehouse closures put 1,200 jobs at risk

Online retail giant Amazon has said it plans to shut three warehouses in the UK, putting 1,200 jobs at risk. However, the company also said...

World

Amazon to layoff 18,000 jobs as it cuts costs

Amazon intends to cut more than 18,000 jobs, the most in the company's history, in a bid to cut costs. The online retailer, which employs...

World

In one year, Apple’s market value has dropped by $1 trillion

Apple's market capitalization fell below $2 trillion in trading Tuesday, the first time since early 2021 and one year to the day after the...

World

Amazon founder Jeff Bezos promises to give away most of his wealth

Founder of Amazon Jeff Bezos has pledged to donate the majority of his money before he passes away. Bezos, currently the world’s fourth richest person...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia