Amazon shares fell 8.8 percent on August 2 due to a larger market trend, wiping out $134 billion of the tech company’s market value, according to Bloomberg. According to the Bloomberg Billionaire Index, billionaire founder Jeff Bezos, one of the richest individuals on the planet, lost $15.2 billion of his net worth to settle at…
L&T Technology Services Ltd (LTTS) will establish a cybersecurity and cybercrime prevention hub for the Maharashtra government to combat cybercrime occurrences and facilitate investigations, according to the business. In September 2023, the Maharashtra cabinet authorized a ₹837-crore (approximately $100 million) project to combat cybercrime in the state. Under a $100-million agreement with the Maharashtra State…
Nvidia: Apple and Microsoft each took over two years to double their valuation from $1 trillion to $2 trillion. However, Nvidia is poised to achieve this milestone in under a year, riding the wave of Wall Street’s AI frenzy. Nvidia Corp’s shares experienced a 0.4% increase on Friday, closing at a valuation of $1.97 trillion,…
