Tag: big tech

Amazon’s CEO Jeff Bezos Investing Heavily in AI

Tom Patriot

Amazon, the world’s largest online retailer, is investing heavily in artificial intelligence (AI), according to the company’s CEO, Jeff Bezos… Bezos spoke at Washington, DC’s Amazon Web Services Public Sector Summit. Moreover, he highlighted the importance of AI for the company’s future growth.  The CEO also noted that AI is already being used in various Amazon products… such as Alexa and Amazon Go. Amazon Investing Heavily in AI Bezos also discussed the potential of AI to revolutionize industries such as healthcare… where it can be used to analyze medical images…

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Republicans Push to Protect Free Speech on Social Media with New Bill

Tom Patriot

House Republicans are addressing issues and concerns that the dems never acknowledge. Recently, they passed a bill to protect free speech and demanded a report on Silicon Valley Bank’s operations. House Republicans Pass Bill to Ban Federal Officials from Pressuring Tech Platforms on Content The House of Representatives has approved a bill that would prohibit federal officials from pressuring social media companies to remove or manipulate content. The bill passed with overwhelming support from Democrats and Republicans and is intended to protect free speech on social media platforms… The bill…

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Amazon Layoffs Hit Corporate Workforce, Entertainment, Travel, and Hospitality

Tom Patriot

Amazon has announced that it will cut 9,000 jobs amid economic uncertainty.  The company stated that the job losses would primarily affect its corporate workforce. This would focus on employees working in the entertainment, travel, and hospitality divisions. Amazon to Cut 9,000 Jobs The company has also been experiencing significant growth, with revenue increasing by 44% in the fourth quarter of 2020 compared to the previous year…. Some have criticized the decision to cut jobs. Concerns were raised over the impact on workers and the wider economy. Others have argued…

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Federal Government Takes Action Against Big Tech Monopolies

Tom Patriot

In a long-overdue move, Big Tech companies such as Google, Facebook, and Amazon are finally being held accountable for their anti-competitive practices… The House Judiciary Committee has issued subpoenas for documents related to these companies’ business practices… marking the beginning of a long-overdue investigation into their monopolistic behavior. Big Tech Being Held Accountable With Subpoenas The subpoenas request documents related to a range of practices, including the:  These practices have allowed big tech companies to dominate their respective markets. Moreover, it stifled competition and innovation in the process. The investigation…

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Group of Businesses Unite to Fight Amazon

Tom Patriot

Amazon wants to expand its grocery business despite setbacks. CEO Andy Jassy says the company plans to find a format it likes and go big on it in 2023. Meanwhile, a group of businesses called the Responsible Online Commerce Coalition is uniting to fight against Amazon… citing concerns about its power in online shopping.  Amazon to Double Down Grocery Business Despite Setbacks Amazon CEO Andy Jassy has stated that the company plans to double down on its physical grocery business… once it lands on a format it likes. Despite recent…

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