Amazon.com made history on Tuesday as it becomes the second publicly traded US company to reach the historic threshold after Apple.
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 4025
81% of adults in the UAE are shopping online: report
Online spending in the UAE are on the rise as residents increasingly opt to shop on their smartphones with mobile spending expected to grow 26 percent by 2019 to reach nearly $5.4 billion, according to a new study.
Amazon’s smart home security firm signs retail deal in UAE
Smart home security firm Ring has announced that it is collaborating with Hitches and Glitches (H&G), a Dubai-based, technology-led home maintenance company, which is part of the Farnek Group.
Facebook, Twitter and Alphabet will no longer be technology firms
Following the biggest reorganisation of Wall Street’s industry classification system, chipmakers, cloud-computing sellers and also credit card payment firms will …
Google, Facebook, Amazon offer assistance to victims of Kerala floods
India’s southern state Kerala is in the midst of one of the worst floods in 100 years. According to media …
Amazon Web Services to deliver digital transformation for Fortune 1000 clients
DXC Technology and Amazon Web Services, an Amazon.com company has announced a multi-year, global agreement.
Space ride on Jeff Bezos’ rocket might cost over $200,000
Amazon’s Jeff Bezos is thinking of charging passengers on his rocket company Blue Origin about $200,000 to $300,000 for its …
Move over Warren Buffett: Facebook’s Zuckerberg now world’s third richest person
Facebook CEO Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth, Bloomberg reported.
What the Uber-Careem deal says about Middle East startup culture
The MAGNiTT Exit report in 2017 revealed that there was a total of 60 startup exits – the point an investor (usually a venture capitalist) sells their stake in a firm to realise their gains – across the MENA in the years of 2012 to 2017.
Amazon to acquire $1 billion online pharmacy PillPack
Amazon is buying its way into the heart of U.S. healthcare, shaking up a prescription-drug industry already in the midst …