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Amazon to Invest Over US$35 Billion in India to Accelerate AI, Exports and Infrastructure Expansion
THE WHAT? Amazon has outlined plans to invest more than US$35 billion in India by 2030, focusing on AI development, export growth and expanded operational infrastructure as competition intensifies in one of the world’s fastest-growing digital markets. THE DETAILS The investment builds on Amazon’s existing US$40 billion commitment to India since 2010 and follows…
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Shopify Outage Hits Merchants on Cyber Monday
THE WHAT? Shopify suffered a several-hour outage on Cyber Monday, affecting key back-end tools for merchants during one of the busiest online shopping days of the year. THE DETAILS Between roughly 9 a.m. and 2:30 p.m. ET, thousands of merchants temporarily lost access to Shopify’s admin functions—including inventory tracking, POS systems and order management—though…