Author Archives: Scalper1

Amazon.com Cloud Business Starts Selling Chips

As Amazon.com (AMZN) continues to expand its cloud computing business, Amazon Web Services, it has announced that it will begin to manufacture and sell microprocessors that can be used to support AWS, among other uses. Last year, Amazon acquired the Israel-based Annapurna Labs — now based in San Jose, Calif. — which is producing the chips designed for home equipment such as Wi-Fi routers and Internet of Things devices, data storage and media

An Update About Alphabet Inc's Dispute With the European Commission

In 2015, the European Commission alleged that Alphabet ‘s Google Shopping service was anticompetitive, as it apparently channeled user attention toward Google Shopping products and away from the competition. This activity, said the Commission,

Yahoo Will Cut 10% Of Its Workforce Soon, Says Report

Yahoo (YHOO) is planning to cut at least 10% of its workforce as part of a reorganization plan designed to boost business, according to a report Thursday from Business Insider. The cuts are expected to land throughout the company and pare Yahoo’s headcount by more than a thousand employees, with the reductions possibly starting as early as this month, according to the report. Yahoo’s media business, European operations and platforms-technology