Business Archives - Page 114 of 144

Amazon’s AWS will invest $35 billion to data center in Virginia

Posted on January 21, 2023 by Priyanka Patil |

The cloud services division of Amazon.com Inc. (AMZN.O) announced on Friday that it intends to invest an additional $35 billion in expanding data centers in Virginia by 2040. Amazon Web Services (AWS) claims that the new investment will lead to…

Reed Hastings, the founder of Netflix, is stepping down as CEO

Posted on January 20, 2023 by Priyanka Patil |

In conjunction with its earnings report on Thursday, Netflix announced that Reed Hastings, the company’s founder, will step down from his position as CEO but will remain as chairman. Ted Sarandos, the co-CEO, will keep his position. Greg Peters, who…

China’s population is decreasing for the first time in decades

Posted on January 17, 2023 by Priyanka Patil |

According to the National Bureau of Statistics, China’s population decreased in 2022. According to Yi Fuxian, an opponent of China’s one-child policy and the author of the book “Big Country With an Empty Nest,” the decline was the first since…

Tesla is to invest more than $770 million in the development of its Texas factory

Posted on January 12, 2023 by Priyanka Patil |

In order to expand its Austin factory for electric vehicles this year, Tesla has registered with the state of Texas. According to Tesla’s January filings with the Texas Department of Licensing and Regulation, the company intends to invest more than…

SpaceX sends 40 OneWeb broadband satellites, illuminating the sky at night

Posted on January 11, 2023 by Priyanka Patil |

After Russia blocked planned Soyuz launches last year in response to sanctions imposed by the West, SpaceX launched a second batch of OneWeb internet satellites late on Monday to help the London-based company expand its orbital constellation. At 11:50 p.m.…

Free Wi-Fi is now available on Delta Airlines’ flights

Posted on January 6, 2023 by Priyanka Patil |

Beginning on February 1, most of Delta Air Lines’ planes will have free Wi-Fi. At the Consumer Electronics Show on Thursday in Las Vegas, Delta CEO Ed Bastian stated, “It’s going to be free, it’s going to be fast and…

Sony and Honda announces its joint auto brand ‘Afeela’

Posted on January 5, 2023 by Priyanka Patil |

The name of Sony and Honda’s new car brand has been revealed, following their announcement last year of a joint venture to develop and manufacture electric vehicles. Afeela will be the name of it. Yasuhide Mizuno, CEO of Sony Honda…

KAMHKPARTNERS: Luxury moving services

Posted on December 12, 2022 by Brand Buzz |

Kamhkpartners moving services offer a more personalized and upscale experience for individuals and families who are relocating. These services often include a dedicated move coordinator to plan and manage the move, as well as specialized packing and transportation services. One…

Amazon is shutting down its wholesale distribution business in India

Posted on November 30, 2022 by Priyanka Patil |

The retailer Amazon is closing its wholesale distribution operation in India, the latest in a string of withdrawals in the crucial international market where it has invested over $7 billion over the past ten years. The American e-commerce giant announced…

Amazon launches new virtual healthcare service to help common ailments

Posted on November 16, 2022 by Priyanka Patil |

Following its agreement to acquire One Medical, Amazon is extending its healthcare services; this time, it has opened a new virtual care option to assist with common illnesses including allergies, acne, and hair loss. The Amazon Clinic, which was introduced…