Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Instagram Outage Disrupts Thousands of U.S. Users 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Amazon India will begin home food delivery operations in Bengaluru as the industry's big players, Zomato and Swiggy, laid off over 1,600 employees due to the COVID-19 pandemic.
A spokesperson said they were persuaded by customers to offer prepared meals in addition to shopping essentials. The company added that home food delivery is very relevant during a lockdown.
Amazon has invested some $6.5 billion in India and sees significant growth potential in the fast-growing country.
It planned to launch the food delivery business before the lockdown and has been testing the service in India for over six months.
The service will cover over 100 restaurants, include outlets like Chaayos, Faasos, Box8, Chai point, Mad Over Donuts as well as restaurants from hotel chains like Marriott and Radisson.
Amazon's entry could be a significant challenge for Zomato and Swiggy, who dominate the home food delivery market in India.
The nationwide lockdown has forced Zomato and Swiggy to restructure their business.
In a blogpost, Zomato founder and CEO Deepinder Goyal admitted dramatic changes over the last couple of months that could permanent.
Swiggy said it was "severely impacted" by the COVID-19 pandemic. However, it has started home delivery of alcohol in Ranchi and is in talks with various state governments about providing the same service.
