Iraq Bulletin

Tag : Amazon

Technology

Amazon sets $48B India investment plan through 2030

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Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to 2030. The plan includes an additional $13 billion for artificial intelligence and cloud infrastructure. The...
Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget...
Featured News

S&P 500 jumps as investors eye trade policy signals

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U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between the United States and China. The benchmark S&P 500 rose 1.4%, while the Nasdaq Composite...
Featured News

Amazon-backed Anthropic sees $61.5B valuation surge

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AI startup Anthropic has seen its valuation soar to $61.5 billion following its latest funding round, marking a threefold increase in a short span. The company successfully raised $3.5 billion, significantly surpassing its initial $2 billion target. This rapid valuation...
Featured News

Meta lays off 3,600 employees as tech sector job cuts continue

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Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as "performance terminations," targeting...
Business

Amazon pushes for office attendance, sparking global debate

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MENA Newswire News Desk: Amazon’s decision to require employees to return to the office full-time has sparked debate amid a growing trend of flexible work arrangements in the UK. As the global tech giant emphasizes in-person collaboration, the UK government...