Amazon.com Founder and CEO Jeff Bezos said he plans to sell $1 billion a year in Amazon.com Inc. stock to fund Blue Origin, the company fueling his project of sending people into space.
Bahrain, News, Software
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.0 4017
Transformation Talk l Weekly news round-up 30.03.17
CNME Editor James Dartnell gives a lowdown of this week’s biggest news in the technology industry on the second edition of Transformation Talk, the weekly news round-up brought to you by Tahawul Tech.
Amazon delays opening of cashier-less shop, Amazon Go
Amazon is delaying the opening of its cashier-less ‘Amazon Go’ shop because of technical issues, according to The Wall Street Journal.
Amazon Connect brings contact centres to the cloud
Amazon has released Connect, a contact centre as a service offering hosted in the Amazon Web Services cloud.
Amazon agrees deal to acquire Souq.com
Amazon has reached an agreement to acquire Souq.com after a series of protracted negotiations. Subject to conditions, the acquisition is …
Emaar Malls bids for Souq.com in Amazon challenge
Emaar Malls has made a bid for online retailer Souq.com, seeking to challenge an existing offer from Amazon.com Inc., according to …
$1 billion Noon.com launch ‘weeks away’
The launch of e-commerce platform Noon.com is on the horizon, sources familiar with the matter have confirmed. Arabian Business reported …
Transformation Talk l Weekly news round-up 23.03.17
CNME Editor James Dartnell hosts the first ever edition of Transformation Talk, the weekly news round-up brought to you by Tahawul Tech.
Amazon’s Souq.com acquisition reportedly back on
Amazon is reportedly ready to rekindle its interest in investing in regional online retailer Souq.com, according to The National.
Oracle’s shares surge as cloud services take off
Oracle’s shares jumped more than five per cent, beating analysts’ expectations, after the company signaled growing demands from its cloud-based services.