Indians venture into US stocks as markets slump at home; pick up exposure to global technology giants
More Indian investors are turning to US stocks to escape tumbling markets at home and pick up exposure to global technology giants that are rising through the coronavirus-led market turmoil
This comes after a report that Amazon collects data about products sold by third parties on its site in order to create Amazon-branded copies.
Stock Market Latest Updates: Sensex surges over 900 points, Nifty holds 9,200-level; Axis Bank, ICICI Bank among major gainers
Stock Market Today LIVE Updates: Sensex up over 930 points, Nifty above 9,300-level; RBI Governor Shaktikanta Das begins conference
Wall Street jumps as hopes for easing lockdown offset earnings worry; Nasdaq registers fourth straight day of gains
Advancing issues outnumbered declining ones on the NYSE by a 3.19-to-1 ratio; on Nasdaq, a 2.54-to-1 ratio favored advancers.
Telecom shares drop 13%; surprise loser against other sectors as global lockdowns drive online sales from gaming to food delivery
In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market disruption has left telcos significantly underperforming the data-hungry businesses their networks carry
Historic Fed boost fails to stop Wall Street's virus-driven sell-off; S&P 500 on pace for worst month since World War 2
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more US states into lockdown, overshadowing unprecedented moves by the US Federal Reserve to shore up credit across the economy.
Amazon to receive only vital supplies in US, Europe warehouses to free up inventory space for medical, household goods amid COVID-19 outbreak
In a note sent to sellers on Tuesday, Amazon said it is seeing increasing online shopping demand. As its household staples and medical supplies are running out of stock, it will prioritize certain categories in order to “quickly receive, restock, and ship these products to customers.”
Nadella is planning to be in India between 24 - 26 February and will likely visit New Delhi and Bengaluru.
Amazon wants Donald Trump’s testimony on president's order to 'screw' e-retail giant in favour of Microsoft in Pentagon deal
The Amazon.com Inc unit alleged that Trump exerted undue influence on the decision to deny it the $10 billion contract.
Amazon launched an ad-supported free version last year, taking on Spotify that has nearly 140 million users on its free tier.
The deal will give Google the capability to take on Apple and Samsung in the market for fitness trackers.
Competition Commission gives a go ahead to Amazon to acquire 49 percent in Future Group-owned Future Coupons
As part of a pilot, Amazon Now does deliveries from 18 Future Group-owned Big Bazaar stores in Bangalore, Delhi, and Mumbai.
Amazon could challenge loss of $10 billion Pentagon cloud computing deal to Microsoft as early as next week: Report
If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week
Amazon's celebrity voice feature will cost $0.99, Senior VP David Limp said at an event in Seattle.
Analysts say that Apple is a long way from a guarantee of the hits it needs to pull in viewers.
The New York attorney general’s office said it expected more states to join the Facebook investigation.
By Jeffrey Dastin SAN FRANCISCO (Reuters) - Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years that scans goods coming down a conveyor belt and envelops them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters. Amazon has considered installing two machines at dozens more warehouses, removing at least 24 roles at each one, these people said.
Amazon poses challenge for rivals with one-day delivery goal after profits surge; to spend $800 mn in logistics
Shifts in the nature of Amazon’s business have afforded the company windfalls that it now can apply toward its ambitious delivery program
Amazon, too, will join many other big & small names in the race to provide global access to internet.
Jeff Bezos' most expensive divorce settlement; retains voting power in Amazon, ex-wife surrenders 75% of couple's shares
Jeff Bezos re-tweeted MacKenzie’s statement and added in a separate post that he was grateful “for her support and for her kindness in this process.”