Amazon founder Jeff Bezos is planning to sell nearly $5 billion worth of the company’s stock as its share price reaches an all-time high. The proposed sale of 25 million shares was disclosed in a regulatory filing after market hours on Tuesday. This comes as Amazon’s stock price has surged to $200.43, a 30 percent … Read more
O’Melveny provided guidance to Broadcom Inc. in a recent deal. Broadcom Inc. is a top technology company specializing in designing and producing various semiconductors and infrastructure. The details of the deal were exclusive to standard members for a year. For access, individuals can join now. Article Source https://globallegalchronicle.com/kkrs-us4-billion-acquisition-of-end-user-computing-division-of-broadcom/
In 2022, Amazon Australia saw significant developments in its relationship with the Australian government. Microsoft was chosen to construct high-security data centers for the Office of National Intelligence after 18 months of negotiations. Around the same time, Amazon Web Services (AWS) secured a $174 million contract to provide cloud services to the entire public sector. … Read more
Amazon Web Services has landed a $2 billion contract with the Australian government to build three data centers to securely share information among allies. The deal will allow Australia to enhance its ability to share military and intelligence information and utilize artificial intelligence for data analysis. Australia is a member of the Five Eyes intelligence … Read more
Amazon is making a massive investment of over 100 billion dollars in data centers over the next decade to meet the increasing demand for artificial intelligence (AI). The company believes that AI will drive demand for cloud services, which provide the computing power needed for AI applications. Amazon expects AI to bring in tens of … Read more
Amazon has secured a $2 billion contract with the Australian government to build three high-security data centers at undisclosed locations in order to store classified military and intelligence information. The project, which is set to be operational by 2027, will create over 2,000 jobs and be managed by a local subsidiary of Amazon Web Services. … Read more
Albania has signed a contract worth over $2 billion with Amazon to construct and maintain confidential data centers for the nation’s intelligence and military divisions. This ten-year agreement aims to provide a secure platform for national security operatives, including the Australian Security Intelligence Organisation and the Australian Secret Intelligence Service, to communicate and exchange information … Read more
The Australian government has announced a $2 billion deal with Amazon Web Services (AWS) to build a custom cloud environment for managing top-secret defense and intelligence data. This partnership between the Australian Signals Directorate (ASD) and AWS aims to enhance national security and create up to 2,000 Australian jobs. The new platform will enable secure … Read more
The Australian federal government is embarking on a significant investment plan to enhance the country’s cyber capabilities, partnering with Amazon Web Services (AWS) to establish a top-secret (TS) sovereign cloud in Australia. This strategic partnership will bring about at least $2 billion in investment over the next decade, creating up to 2,000 local jobs. The … Read more
In the 1990s, IBM made a strategic move to enhance its position in the technology market by acquiring Lotus Software. Lotus was known for its popular productivity application suite, which included a spreadsheet application and word processors. IBM saw an opportunity to compete with Microsoft’s Office suite on Windows by taking over Lotus. Initially, IBM … Read more