Amazon’s market value charges toward $3 trillion on AI momentum

Amazon’s market value charges toward  trillion on AI momentum

Investors are growing increasingly optimistic about Amazon.com Inc.’s position in artificial intelligence, lighting a fire under the stock and sending the company’s market capitalization soaring toward the rarefied $3-trillion level. “We have a lot of confidence that Amazon’s AI strategy is working, and that it will continue to pay dividends in the form of strong … Read more

LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers

LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers

Job cuts are hammering the tech industry as companies ramp up investments in artificial intelligence. This week, San José-based tech company Cisco said it was cutting fewer than 4,000 jobs or less than 5% of its workforce. Cisco announced the layoffs the same day that the company reported that it grew its revenue to $15.8 … Read more

Users turn to jailbreaking their older Kindles as Amazon ends support

Users turn to jailbreaking their older Kindles as Amazon ends support

Many people are jailbreaking their Kindles following the news that Amazon is ending technical support for older models. On May 20, Amazon will end support for the following Kindle devices: Kindle 1st Generation Kindle 2nd Generation Kindle DX  Kindle DX Graphite Kindle Keyboard Kindle 4 Kindle 5 Kindle Touch Kindle Paperwhite 1st Generation Kindle Fire … Read more