Amazon Web Services has decided to stop accepting new customers in Russia and Belarus in response to “the current events and the uncertainty” caused by Russia’s invasion of Ukraine, said Drew Herdener, Amazon’s vice president of worldwide communications, in a statement to The New York Times. Herdener also attributed AWS’ decision to the “lack of credit available in Russia right now,” an...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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