Amazon

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Amazon and iRobot have jointly declared the termination of their proposed merger due to significant opposition from antitrust regulators in the European Union and the United States. Amazon stated that its planned $1.4 billion acquisition…

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Amazon has announced plans to lay off several hundred employees in its streaming and studio operations. The move is believed to be part of the company's ongoing efforts to streamline operations and cut costs. This news comes as companies…

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Google has urged Britain’s competition regulator to take action against Microsoft, arguing that its business practices have put rivals at a significant disadvantage. Microsoft and Amazon have faced mounting scrutiny around the world over…

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E-commerce giant, Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred…

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An American Video on-demand and streaming service, Amazon Prime Video is in talks with the Nigerian government on how it can acquire and start producing Nigerian local contents that will stream to the entire world. The global video…

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Brazilian police have arrested a second suspect as they probe the disappearance of journalist Dom Phillips and indigenous expert Bruno Pereira. Oseney da Costa de Oliveira was detained on suspicion he was involved in the case with his…

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American film producer and distributor, Amazon Studios has appointed Nigerian Wangi Mba-Uzoukwu, M-Net West Africa's former Regional Director, as its first Principal Head of Content Acquisition in Africa. Confirming her…

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Amazon.com's deal to buy movie studio MGM for $8.5 billion is subject to an extended probe by the Federal Trade Commission. This is coming after a source familiar with the matter said on Friday the agency had issued a second request in its…

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Elon Musk, Tesla Incorporated's electric auto-maker and owner, has become the world’s richest entrepreneur adding $165.5 billion of wealth in the past year.  According to the Bloomberg Billionaire Index, Presently he has surpassed…