Amazon founder Jeff Bezos for the first time said he will give away most of his $124 billion fortune to charity, but warned that doing so effectively will be difficult. The pledge matched similar commitments by some of the world’s richest people, including Bill and Melinda Gates, Warren Buffett and...

The already daunting task of decarbonizing the global economy in a few years has been made even harder by a global energy crunch and rapid inflation.

The tech giant's iPhone sales missed estimates

Leading Public Cloud players are not only providing more choice to Gulf organizations but also offering them speed and data residency benefits, says an expert.

Google said it will refund purchases of Stadia hardware, such as controllers, as well as game content bought through its online store, and that players will have access to the service through January 18 of next year, he added.

Netflix and Disney+ will launch an ad-supported subscription in the coming weeks thus biting into the revenue of traditional television channels as the streaming services look toward continued expansion. Netflix, after having long-shunned the notion of advertising on its platform, this year accelerated work on just such an offering.

There was not yet talk of online life moving to virtual worlds when a "far-fetched" musing by Google co-founder Larry Page prompted Street View, which lets users of the company's free navigation service see imagery of map locations from the perspective of being there. Now the metaverse is a tech-world...

Abu Dhabi, UAE - Amazon Web Services (AWS) announced Tuesday the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region. AWS estimates that its projected spending on the construction and operation of the new Region will support an average of nearly 6,000 full-time jobs...

It's the latest example of creators lending their online stage to a cause on the massively growing platform more known for dance crazes and catchy songs. An advocacy group calling itself Gen-Z for Change said it coordinated the pledge from more than 70 popular TikTok talents to stand in solidarity...

The giant Space Launch System rocket will make its maiden flight from Launch Complex 39B at Kennedy Space Center in Florida. Its four RS-25 engines, with two white boosters on either side, will produce 8.8 million pounds (39 meganewtons) of thrust -- 15 percent more than the Apollo program's Saturn...

The Unite union representing the striking Felixstowe staff said the stoppage will have a big impact at the port, which handles around four million containers a year from 2,000 ships.

The Dubai developer will sell its online retailer for $335.2m.

The deal reinforces its interest in robotics and automation.

As people are freed from pandemic lifestyles that had them relying on the internet for shopping, playing, working and learning, inflation is pushing up prices and Covid-19 is causing temporary shutdowns of factories in China relied on by tech firms.

It will acquire US health care provider One Medical for $3.9 bn.

This will make it one of the nation's 10 biggest private sector employers.

Amazon plans to start flying some purchases to customers later this year, the e-commerce giant said Monday, announcing drone delivery that will debut in a California town.  Retail rival Walmart already offers drone delivery and in May announced it is dramatically ramping up the service, expanding to six states by...

From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times. Internet giants that saw business boom during the pandemic have taken a hit from inflation, war, supply-line trouble and people returning to pre-Covid lifestyles. Corporate...

The company warns of continuing challenges in the months ahead.

With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in a decade, John Fithian, head of the US movie theater industry's trade body, predicts movie theaters could even help the streaming giant adapt to an uncertain future.

It ended Q1 2022 with fewer subscribers than Q4 2021.

Current President Guillermo Lasso has plans to double Ecuador's oil production in spite of opposition from indigenous communities and environmentalists.

France says Amazon’s seller contracts have ‘unbalanced’ clauses.

Amazon is accused of using merchant info for its own products.

Satellites in low orbit to provide internet service to people below.

On the third day of the Global Entrepreneurship Congress (GEC) in Riyadh, SAR 6 billion ($1.59 bn) worth of agreements were signed and initiatives launched. The Small and Medium Enterprises Financing Guarantee Program “Kafalah" signed a number of agreements with a number of ministries as well as public and private...

The Global Entrepreneurship Conference (GEC) recorded 28.9 billion ($7.71 billion) worth of agreements and launches on the second day. The conference is designed to support entrepreneurship in various fields and enhance the Kingdom's position as an attractive environment for pioneers, innovators and creators from around the world. It has been...

The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers.

The French-Tunisian setup includes the "Palm Lab," where engineers, architects and artists discuss how to conserve the oasis of agriculture.

The Saudi Arabia’s Ministry of Investment (MISA) announced on Friday that it has signed a Memorandum of Understanding (MoU) with Amazon Saudi Arabia for the establishment of a dynamic business environment that affords growth opportunities for small and medium enterprises across the Kingdom.

The online giant closed the deal for $8.45 billion.

E-commerce titan Amazon on Wednesday confirmed plans to close its bricks-and-mortar bookstores and pop-up shops in order to focus on the Whole Foods grocery chain and retail outlets featuring its latest auto-checkout technology. According to a spokesperson, the company will shutter its Amazon 4-star, Books, and Pop Up stores. Amazon...

The tech giant had net income of $20.6 billion on revenue that grew 32 percent to $75 billion in the final quarter of 2021, ending the year with a total of $76 billion in profit.

The UAE's Ministry of Health and Prevention (MoHAP) has signed a memorandum of understanding (MoU) with Amazon Web Services (AWS), a subsidiary of Amazon, to enhance bilateral cooperation. The MoU also covers organizing workshops on creating a cloud-based electronic medical record system and a healthcare portal focused on serving the...

Oxfam said the men's wealth jumped from $700 billion to $1.5 trillion, at an average rate of $1.3 billion per day, in a briefing published before a virtual mini-summit of world leaders being held under the auspices of the World Economic Forum.

The CES tech show in Las Vegas closed its 2022 edition on Friday, after pushing ahead with a significantly downsized gathering despite surging Covid cases. Industry behemoths like Amazon and Google stayed away over the virus risk, but the more than 2,200 firms big and small in attendance still pitched...

Google, Lenovo, and Intel are the latest global tech companies to bow out of the January 2022 Consumer Electronics Show in Las Vegas.

Abu Dhabi will host a new Amazon fulfillment center, expected to be the most technologically advanced in the region. It will begin to operate from 2024.

Indian police have charged executives from Amazon's local arm over claims the US retail behemoth's online portal was used to smuggle and sell marijuana.

While Brazil takes international pledge at COP26 to end deforestation by 2030, the destruction of the Amazon rainforest keeps rising in the country.

The company said its sales climbed to $110.8 billion

The announcement came as the tech giant defends itself against accusations that it has long put profit over societal good.

YouTube Music trails rivals Spotify, Amazon and Apple. The company said in June it has paid more than $4 billion to the music industry over the prior 12 months.

Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from the UAE, and new direct flights from the UAE to Brazil’s Amazon and the Northeast regions are expected to reattain that traffic.

Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in the next three years by launching more direct flights from the UAE to the Amazon and the northeast regions. Before the pandemic, around 75 percent of the tourist traffic between...

The tech giant cheered the "Astro" robot as a breakthrough for security

As a result of fewer travel restrictions following vaccination and a decline in Covid-19 cases, Dubai has experienced a turnaround in employment and a revival in business. Businesses in Dubai’s travel and tourism industry in August saw the sharpest increases in activity and new work in over two years, according...

Ecommerce in the world in general and the GCC region in particular has proliferated despite the Covid-19 pandemic, or probably because of it.

Amazon, the US e-commerce giant, has announced that it would add 1,500 jobs in the United Arab Emirates to cope with the potential hike in demand as it seeks to expand its presence in the country.

The annual CinemaCon trade show sees Hollywood studios bring glitzy stars and never-before-seen footage to a Las Vegas casino to woo theater bosses