Amazon appeals Microsoft Pentagon contract
Amazon has requested the court to issue a halt judgment on Microsoft's contract with the Pentagon, worth over 10 billion USD over 10 years. Amazon was initially favored to win the bid, which involves transitioning the Department of Defense's data to a cloud-based storage and analysis system. The contract was instead awarded to Microsoft, a decision which has been challenged in courts by Amazon.
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Microsoft plans cloud contract push with foreign governments after $10 billion JEDI win
Microsoft CEO Satya Nadella leaves the Elysee Palace after a meeting with the French President Emmanuel Macron in Paris on May 23, 2018. Specifically, Microsoft has committed to staffing the Pentagon initiative with people who hold sufficient government security clearances, and to delivering a group of existing products and services, as opposed to specially built technologies, at a customized price.
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Cnbc
Amazon Adding Hundreds of Tech, Corporate Jobs in North Texas
Amazon is planning to add more than 600 new tech and corporate jobs in Dallas as they expand their Tech Hub in North Texas. The expansion is part of a national expansion of hubs in Detroit, Denver, New York, Phoenix and San Diego that will create more than 3,500 jobs across the country.
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Jeff Bezos added $13 billion in one day, largest single-day increase ever
According to the Bloomberg Billionaire Index, Amazon founder and CEO Jeff Bezos added $13 billion to his net worth on Monday. It was the most significant single-day increase in personal wealth since the index started in 2012, Bloomberg reported after analysts raised their targets for Amazon's stock, which jumped 7.9 percent Monday, ahead of the company's second-quarter earnings report
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Foxnews
Amazon bans police use of facial recognition technology
Amazon said the suspension of law enforcement use of its Rekognition software was to give US lawmakers the opportunity to enact legislation to regulate how the technology is employed. In recent months Congress has been weighing possible legislation of the technology as lawmakers, companies and civil liberties activists have called for stronger regulation of surveillance software.
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