Modi unveils 2047 tax holiday to grow India data centres
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads...
Tag : Amazon
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Global tech stocks tumble after DeepSeek AI model announcement
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
Amazon to close all Quebec warehouses, cutting 1,700 jobs
Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility....
Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy...
AT&T mandates full in-office work for employees starting January 2025
AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with...
$1.1 billion program launched to preserve Amazon rainforest
Brazil, France unite in $1.1B plan to save Amazon. Macron, Lula announce historic pact. Leaders join forces with $1.1B for Amazon protection....
Historic EU decision sets precedent for global AI regulation
EU Parliament's historic decision paves the way for global AI regulation, setting comprehensive governance rules....
2024’s tech layoff wave – a continuation of last year’s trend
Amidst a major industry shift, tech giants like Amazon, Google, and Duolingo are initiating large-scale layoffs. Discover the underlying reasons and implications of these workforce...