Amazon
Founded by Jeff Bezos on July 5, 1994, Amazon is an American multinational technology company which originally began as an online bookstore. Today, it has expanded its scope of products and services, becoming one of the world's largest technology companies.
At present, it is led by Andy Jassy, who succeeded Bezos as the CEO after the latter resigned in 2021.
Amazon's primary business is its online marketplace, where it sells products in various categories such as electronics, books, apparel, home goods, and more.
In 2005, Amazon introduced its subscription service, Amazon Prime, which offers benefits like free two-day shipping, access to the OTT platform Amazon Prime Video, ad-free music streaming, and more. In 2006, Amazon launched its cloud computing platform, Amazon Web Services (AWS).
In 2007, Amazon introduced the Kindle e-reader, which revolutionised the way of reading digital books, newspapers, and magazines. Providing access to a wide range of e-books and digital content, the Kindle ecosystem allows users to purchase and read digital books, newspapers, and magazines on a portable device.
Alongside this, Amazon has also developed two intelligent virtual assistants called Alexa and Echo. These devices can perform tasks, interact with users through voice commands, control smart home devices, play music, and more.
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Women in Tech
[100 Emerging Women Leaders] How Gayatri Agrawal is inspiring women to embrace tech
Saranya Chakrapani | November 23, 2024
Driven by curiosity and creativity, Gayatri Agrawal started ALTRD, which crafts tailored AI tools for businesses.
Product
Three brothers on a mission to redefine everyday glassware into lifestyle statements
Brand Solutions | November 22, 2024
Make an ordinary day extraordinary! Bengaluru-based Glasafe leads the way by elevating daily-use glassware to safe and elegant lifestyle accessories. Show off that bottle!
Books
6 New business books every entrepreneur should read
Saniya Ahmad Khan | November 22, 2024
Discover 6 game-changing new business books packed with insights, strategies, and inspiration for bold entrepreneurs ready to lead.
Featured
As invoice discounting gains credence, Amazon-backed M1xchange aims to double its business
Sayan Sen | November 22, 2024
Sundeep Mohindru, Founder and CEO of trade receivables discounting platform M1Xchange, says invoice discounting helps SMEs and exporters access timely financing from multiple sources, thus increasing the cash flow in the system.
News
Ricky Kej, Shobu Yarlagadda, and Biren Ghose on AI and tech integration in music and film industries
Abha Warrier | November 21, 2024
The panelists Kej and Yarlagadda were speaking at the Bengaluru Tech Summit 2024 in a session 'Lights, Camera & AI' which discussed the integration of technology and Artificial Intelligence in the music and film industries.
News
Moksha Group buys retail tech startup Arzooo's assets in distress sale
Akshita Toshniwal | November 21, 2024
Moksha Group has bought in e-commerce veteran Rehan Shaikh as co-founder and CEO to drive its retail consumer technology offering.
News
Nvidia reports 94% jump in revenue to $35.1B in Q3 FY25
Bhuvana Kamath | November 21, 2024
Despite Nvidia exceeding expectations for both revenue and earnings in Q3, the company's stock fell nearly 2% in after-hours trading, closing at $143.50.
