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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

now, for the business news, i'm victoria valentine. we start in the us where there is more evidence that, after tens of thousands ofjob cuts, big tech is pulling out of its post—pandemic slump. amazon is the latest to reveal it's making much more money than wall street was expecting. sales hit more than $127 billion in the first three months of the year, and the online retail giant says that figure will be higher in the current quarter. it comes after alphabet, the owner of google and youtube, and meta, which owns facebook and instagram, both surprised investors with better—thanâ...

BBCNEWS World Business Report June 4, 2024 04:34:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:34:00

I think that refers to the generative ai trend we are seeing in regards to all the headlines around chatgpt. so amazon already has a massive technology business, often a technology business, often a tech company first and a retailer second. aws makes up a huge amount of its profits, i think it is about 60%. to go into artificial intelligence and to start to build engines that people can use to create anything they want in terms of copy for a website, writing a book or an article which is basically what chatgpt is doing is no surprise. they are an absolute tech payment in that sense, and seeing...