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Cipher Mining Soars 32% on $5.5B Amazon AI Hosting Deal
Cipher Mining signed a 15-year lease with Amazon Web Services worth $5.5 billion for AI workload space and power.The contract is planned in two...
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OpenAI, Amazon Ink $38B Deal to Scale AI with Tens of Millions of CPUs
Amazon Web Services and OpenAI have entered a multi-year strategic partnership to support the rapid scaling of Artificial Intelligence workloads.
OpenAI will immediately begin using...
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Amazon (AMZN) Shares Rally to Record High After Q3 Earnings Exceed Expectations
Amazon stock reached a new all-time high after surpassing earnings expectations in the latest quarter.Amazon Web Services (AWS) grew revenue by 20% and contributed...
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Amazon Commits $5B to Build Data Centers in South Korea by 2031
Amazon Web Services will invest $5 billion in new data centers in South Korea by 2031.
...
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Amazon (AMZN) to Lay Off 30,000 Workers Beginning October 28
Amazon plans to lay off up to 30,000 employees starting October 28, 2025.The job cuts aim to reduce costs and correct overhiring during the...
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Amazon to Hire 250K for Holidays Amid Layoff, $19–$23/hr Pay
Amazon plans to hire 250,000 seasonal and permanent workers across the U.S. for the holiday season.New positions include both part-time and full-time roles, with...
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Amazon Plans 15% Cut in People eXperience Technology Division
Amazon plans to reduce its People eXperience Technology (PXT) team by 15%.
The cuts may also impact other divisions within the company.
The PXT division currently...
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Amazon to Pay $2.5B in FTC Settlement, 35M Prime Users Refunded
The Federal Trade Commission (FTC) reached a $2.5 billion settlement with Amazon regarding deceptive Amazon Prime enrollment practices.
The settlement includes $1 billion in penalties...
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China Alleges US Stole $13B Bitcoin in 2020 Cyberattack
China’s National Computer Virus Emergency Response Center attributes a $13 billion Bitcoin theft to the U.S. government.The stolen 127,000...
Scammers Exploit Australia’s Cybercrime System to Steal Crypto
Scammers use Australia's official cybercrime platform to impersonate federal police and steal cryptocurrencies.Fraudulent reports use stolen personal data to...
Dromos Labs to Launch Aero Token in 2026, Challenging Uniswap
Dromos Labs will launch the Aero protocol and token on Ethereum in the second quarter of 2026.Aero aims to...
