The billionaires have applied for licences to offer satellite internet services in India; the new Telecommunications Act also opens doors for administrative allocation of spectrum for the same
The e-commerce company has also asked staffers in certain units to look for other profiles within the company
The company also said that Amazon Music continues to expand its international reach of podcasts, launching localised offerings in France, Italy, Spain, and India, at no extra cost for all customers
In a letter to shareholders, Bezos said Amazon Web Services serves millions of customers and ended 2020 with a $50 billion annualized run rate
In the third quarter, current Amazon Web Services CEO Andy Jassy will take over from Bezos who will transition to the role of executive chair
The CEOs whose companies have a combined market value of about $5 trillion faced Congress through a videoconference hearing
The tech CEOs were questioned on allegations that they use their monopolies to stiffle competition
The tech CEOs will face allegations that their companies stifle competition
Jeff Bezos, Founder & Chief Executive of Amazon, spoke on a wide array of topics in a fireside chat with Amit Agrawal, Country Head, Amazon India
Jeff Bezos also announced that the online retail giant will use its "size, scope and scale” to export ‘Make-in-India’ goods worth S10 billion by 2025