Business

Amazon’s cloud business reports 20% growth in fourth quarter, missing estimates

[ad_1] Amazon Web Services CEO Adam Selipsky delivers a keynote address during the AWS re:Invent conference in Las Vegas on Nov. 29, 2022. Noah Berger |Getty Images Amazon said revenue in its cloud unit increased by 20% in the fourth quarter, a slower pace than analysts had projected and more sluggish than the 27.5% growth …

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Big Tech on defense: Apple, Amazon and Google report earnings

[ad_1] A view of the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, on September 7, 2022. (Carlos Barria/Reuters) Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants. After several years of raking in profits thanks to strong demand for tech gadgets and services during …

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Up to 20 hours of footage relating to Tyre Nichols’ deadly beating yet to be released, prosecutor says | CNN

[ad_1] CNN  —  Up to 20 hours of additional footage relating to the deadly Memphis police beating of a 29-year-old Black man has yet to be released, a prosecutor said Wednesday as his office contemplates whether to file more charges in the case. The unreleased footage surrounding Tyre Nichols’ brutal January 7 traffic stop most …

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Here’s How Budget’s 16% Duty Hike On Cigarettes Will Impact Prices

[ad_1] The profitability will be less than one per cent. (Representational) New Delhi: The duty hike on cigarettes by 16 per cent announced in the Union Budget 2023-24 would have a nominal impact of around 7-12 paise per stick across cigarette categories, according to experts. This upward revision in National Calamity Contingent Duty (NCCD) would …

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Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board

[ad_1] Vivek Johri said CBIC has drawn up a strategy to augment GST mop-up by way of stricter audit. (File) New Delhi: Monthly GST collection is expected to average around Rs 1.50 lakh crore and it will be the ‘new normal’ in FY24 in view of concerted efforts to check evasion and bring new businesses …

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Samsung To Manufacture Galaxy S23 Smartphones In India

[ad_1] Samsung unveiled three models of Galaxy S23 series smartphones which come with high-end camera sensors. New Delhi: Korean smart devices maker Samsung on Thursday said it will manufacture its premium Galaxy S23 smartphones in India to cater to local market requirements. At present, Galaxy S Series smartphones are being manufactured at Samsung’s Vietnam factory …

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Iranian chess referee Shohreh Bayat fears ostracism over her activism as she challenges Russian chief of game’s governing body | CNN

[ad_1] CNN  —  Three years after fleeing Iran, chess referee Shohreh Bayat fears being further ostracized after challenging the game’s governing body and its president, Russia’s former deputy prime minister, over her choice of clothing at a tournament in October. Back in 2020, Bayat was criticized in Iran for not wearing the appropriate headscarf at …

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Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

[ad_1] Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN  —  It’s a partnership that’s been hailed as “history in the making.” One of the world’s most famous soccer stars landed in the …

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