Amazon, AI and Layoffs
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Internet users were left in the dark Wednesday as problems with Microsoft services triggered widespread outages across popular sites, like Xbox, Kroger, and Starbucks. Tens of thousands of users reported experiencing outages with Microsoft Azure, the tech giant’s cloud platform, Wednesday afternoon, according to DownDetector.
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Amazon reports higher sales and earnings for 3Q, helped by its accelerating computing arm business
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting shoppers looking for good prices while inflation resurges. The results, announced Thursday,
Amazon will report its quarterly earnings on Tuesday, following a massive AWS outage and amid concerns about its AI growth.
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
Major companies like UPS, Amazon, and Intel lead over 112,000 tech layoffs in 2025. Chec out the full list and details.
Each week of this month has seen a mass internet outage, from Vodafone, to Amazon Web Services and most recently Microsoft's Azure
The technology giant will take a 27% stake in OpenAI’s for-profit arm when it converts into a public benefi