Amazon has achieved a major milestone in the global technology industry by entering the exclusive $3 trillion market capitalisation club, marking another significant moment in the company’s growth journey. The surge in its valuation has been largely driven by increasing investor confidence in artificial intelligence (AI), cloud computing expansion, and the strong performance of its...
Amazon has delivered stronger-than-expected financial results, driven largely by rapid expansion in its cloud computing business and increased investments in artificial intelligence technologies. The company’s performance has highlighted the growing importance of cloud infrastructure and AI services as major drivers of growth in the global technology industry. The company’s cloud computing arm, Amazon Web Services...
Amazon Web Services (AWS), one of the world’s largest cloud computing platforms, has moved quickly to reassure customers after a technical issue caused some users to receive invoices displaying extraordinarily high amounts—reportedly reaching as much as $1.5 trillion. The incident triggered widespread concern among businesses and developers who depend on AWS for critical cloud infrastructure,...
Washington, DC: In a major policy move that could significantly impact the Indian workforce in the United States, President Donald Trump has signed a proclamation mandating a USD 100,000 (approximately ₹90 lakh) annual fee for all H-1B visa holders. The new regulation, effective Sunday (September 21, 12:01 am EDT/9:30 am IST), bars entry into the...
Amid a growing wave of layoffs in the US tech sector, a viral post on professional networking platform TeamBlind has reignited a contentious debate over the role of H-1B visa holders in the American job market. The US tech industry has already witnessed more than 130,000 layoffs in 2025 alone, with major firms like Amazon,...