Amazon has reached an agreement to acquire Souq.com after a series of protracted negotiations. Subject to conditions, the acquisition is …
Bahrain, News, Software
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.0 3773
Emaar Malls bids for Souq.com in Amazon challenge
Emaar Malls has made a bid for online retailer Souq.com, seeking to challenge an existing offer from Amazon.com Inc., according to …
$1 billion Noon.com launch ‘weeks away’
The launch of e-commerce platform Noon.com is on the horizon, sources familiar with the matter have confirmed. Arabian Business reported …
Transformation Talk l Weekly news round-up 23.03.17
CNME Editor James Dartnell hosts the first ever edition of Transformation Talk, the weekly news round-up brought to you by Tahawul Tech.
Amazon’s Souq.com acquisition reportedly back on
Amazon is reportedly ready to rekindle its interest in investing in regional online retailer Souq.com, according to The National.
Oracle’s shares surge as cloud services take off
Oracle’s shares jumped more than five per cent, beating analysts’ expectations, after the company signaled growing demands from its cloud-based services.
Amazon Web Services outage hits websites and apps
Multiple web users who rely on the cloud service have experienced widespread technical disruptions due to an unknown issue.
UPS tests autonomous delivery drone
UPS has recently announced that it successfully conducted a test package delivery in Florida using an autonomous drone that launched from one of its delivery trucks.
Apple, Microsoft and Amazon offer fairer deal on cloud storage
Apple, Microsoft and Amazon have agreed to give cloud storage subscribers fairer contracts after intervention by the UK’s Competition and Markets Authority (CMA).
Bloomberg: Amazon walks away from Souq.com deal
Amazon.com Inc. and India’s Flipkart Online Services Pvt have walked away from talks to acquire Dubai-based Souq.com following disagreements over price, according to Bloomberg.