
Amazon plans to invest AU$20B to expand data center infrastructure in Australia
Amazon announced plans to invest a new total of AU$20 billion from 2025 to 2029 to expand, operate, and maintain its data center infrastructure in Australia. The country's largest publicly-announced global technology investment will support the strong growth in customer demand for cloud computing and artificial intelligence, accelerating AI adoption and capability, and the continued modernization of Australian organizations.
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Gizmodo
13 minutes ago
- Gizmodo
Amazon and Walmart May Issue Their Own Company-Crypto
The Genius Act would likely need to pass first. Retailers like Amazon and Walmart pay fees to credit card companies every time a customer uses their Visa or Mastercard. And it's no secret that retailers are not happy with that chunk of change that gets siphoned off. But thanks to the emergence of digital money, these retailers are reportedly itching to get away from the big banks. In fact, they may even issue their own stablecoins, according to a new report from the Wall Street Journal. Amazon's efforts to develop a stablecoin are still in the 'early stages,' according to the Journal, and there are a lot of questions to sort out. There have reportedly been discussions to use outside stablecoins to settle transactions, but there's also the possibility the online giant could develop its own. The prospect of developing your own stablecoin has two sides. For starters: It's pretty easy. Anyone can make their own fake digital money these days. The flip side is that you'd have to maintain substantial financial reserves to indeed put the 'stable' in that stablecoin name. Stablecoins are typically pegged to the dollar, and theoretically, whoever issues the stablecoin is holding a dollar or a dollar's equivalent for every stablecoin they issue. But you can see how that gets dicey quickly. If the stablecoin 'depegs,' meaning one of your coins is no longer worth $1 in U.S. currency, people start selling them for less than they're worth, and the entire house of cards crumbles. And you can see where that leads. You're soon out of business. That, of course, is why regulators would be the other hurdle to any plans for a big company like Amazon to issue its own stablecoin. The Journal notes that the likelihood of retailers like Amazon starting their own crypto would likely hinge on whether the so-called Genius Act passes Congress, which would set up a regulatory framework for stablecoins. Facebook toyed with the idea of issuing its own cryptocurrency back in 2019. CEO Mark Zuckerberg's team dubbed it Libra, but people took to calling the fake money Zuckbucks. Facebook even founded an entirely new entity called Calibra to oversee the project. But after pushback from legislators, things started to get rough for the project. The U.S. House Committee on Financial Services and the Senate Banking Committee held hearings, the name Libra became Diem, and Facebook's project got beat up by critics as a scam to let the social media company print money. It didn't work out, and Facebook abandoned the project. But nobody knows what would happen if a company like Amazon or Walmart started its own stablecoin today. It's an entirely new regulatory environment, to say the least. President Trump has appointed David Sacks as the first 'Crypto Czar,' and Trump himself has a cryptocurrency which has reportedly added billions of dollars to his family's net worth. If there was ever a time for an ambitious big retailer to try it out, this would really be it. Neither Amazon nor Walmart responded to questions emailed Friday. Gizmodo will update this post if we hear back.


Tom's Guide
19 minutes ago
- Tom's Guide
Massive Yeti sale live from $17 at Amazon — 15 summer deals I'd shop on coolers, tumblers and more
If you want to beat the heat, this awesome Yeti sale at Amazon is your chance to do so. Right now the retailer is slashing prices on coolers, tumblers and everything you need to stay happy and hydrated this summer. Right now you can get the Yeti Roadie 24 Hard Cooler on sale for $200 at Amazon. This is an awesome 20% discount with $50 off, and it's perfect for tailgates, road trips and camping. Not only does it look cool, its compact design can fit behind the driver's seat of your car while having space for 18 cans or 24 lbs of ice. Or, if you want to sip in style, you can currently grab the Yeti Rambler 42 oz Straw Mug on sale for $36 at Amazon. I've listed my favorite Yeti deals below, so keep scrolling to see them all. Plus, check out our Amazon promo codes coverage. Sip your water in style with this lightweight and leakproof water bottle. It's perfect for everyday use or bringing along with you on hikes. It can also clip on to your backpack or a large keychain for carrying H20 on the go. If you want to fill your cabinets with Yeti drinkware, or transport a lot of them without taking up too much space, this Rambler is a great one to get. It's small and stackable, plus it will keep your drinks hot or cool thanks to its double-wall vacuum insulation. This Yeti deal is great for little ones. It's shatter proof and leakproof while the straw lid is closed, which is great if it ever takes a tumble. Plus, there's a carry handle to make it easy to take along. This insulated Yeti bottle is on sale for 20% off right now. It has a Leakproof Chug Cap to avoid spills, with just a quick twist required to get you access to your favorite hot or cold drink. This YETI Rambler holds 30 oz of liquid and also comes with a with a lid that has a MagSafe slider to eliminate the chance of spills. It also adds a barrier of protection for keeping drinks contained and preventing heat or cold from escaping. This Yeti Rambler Bottle comes with a color-matched straw lid, making it look seriously stylish. It fits 26 ounces of liquid but Yeti has designed it to fit easily in your backpack, meaning it's perfect to take along with you day to day. Yeti Travel Mug has a 30 oz capacity and a Stronghold lid to keep its contents safe and secure. It's also cup-holder friendly and has a handle at the side to make it easy to sip from. The 42oz Rambler Straw Mug is on sale for a nice 20% discount. With its large handle and straw, it's one of the most comfortable Yeti mugs to drink from and it has the capacity to keep you hydrated all day. Shake up your favorite cocktails whether you're in your own backyard or you're in the backcountry. This YETI cocktail shaker features an easy press lid so you can easily bring your beverages with you on the go. Keep your favorite bottle of white, rose or bubbles nice and cool, even on the warmest day with this wine chiller. It features a no-slip grip on the bottom and is designed to accommodate most bottle shapes. This Yeti pitcher is great for keeping punch, cocktails or even coffee at the perfect temperature for sharing with a group! Its lid also keeps its contents secure, and it's dishwasher safe. Looking to stay hydrated? This half gallon jug will make sure your drinks stay ice cold or piping hot longer. Made from insulated stainless steel, its magnetic cap locks into place to ensure no spillages. Plus, it has a sturdy handle for easy carry. This soft-sided cooler is perfect for day trips, picnics or outdoor adventures, and it's not too heavy to carry around. Compact and portable, it holds up to 13 cans and features a leakproof zipper, making it a must-have for on-the-go convenience. If you want a heavy-duty cooler that is still light enough to carry around, this YETI Roadie is a great deal. Despite its compact size, it has a capacity to hold up to 18 cans and wine bottles. Designed for easy carry, its slimline build can fit behind the driver's seat of a car, making it a great space-saver. Named our best leakproof cooler, the YETI Hopper M Series is a fantastic cooler for keeping your stuff chilled, but that's not all it does. The soft cooler stands out for its wide mouth and magnetized closing with buckles. This means it can withstand impacts without opening up.


Gizmodo
21 minutes ago
- Gizmodo
This 15.6″ Lenovo Laptop With Windows 11 Pro Is Now 69% Off, Nearly $1,000 in Savings While Supplies Last
Need a laptop? You'd better hope the one that catches your eye fits in your budget. Computers are expensive, especially if you want something that can help you stay productive at work, play games, or watch your favorite shows and movies. Fortunately, most people don't need the latest and greatest tech. They need something that's reliable, roomy, and fast enough to get through the day. That's exactly what this 15.6-inch Lenovo laptop delivers, and it even comes with Windows 11 Pro pre-installed for added productivity and security. See at Amazon Head to Amazon now to get the 15.6-inch Lenovo Laptop for just $429, down from its usual price of $1,399. That's a whopping nearly $1,000 off and a 69% discount. You'll want to act fast if you want to catch this deal, because it won't last for long at this price. One of the hottest deals you'll find on a laptop in 2025 This is a computer that's got plenty of pep, no matter how you decide to use it. The 15.6-inch HD screen gives you plenty of room for multitasking, and the built-in webcam and Bluetooth make it an easy choice for work calls or virtual classes. It's equipped with an Intel dual-core processor, which isn't going to win any speed tests, but when paired with the generous 32GB of RAM and a 1TB SSD, the experience becomes far more responsive than you'd expect at this price point. That extra RAM gives you real breathing room for running multiple browser tabs too, switching between apps, and keeping lag at bay, while the solid-state drive means faster boot times and enough space to store documents, photos, and a library's worth of media. Honestly, most budget laptops still ship with half the RAM and mechanical hard drives, so that's a selling point you won't want to ignore. You also get the basics that matter, like HDMI and USB ports for peripherals, built-in Wi-Fi and Bluetooth for connectivity, and a full-size keyboard that's comfortable for long sessions. It's the kind of laptop that works just as well on a home desk as it does on the kitchen counter, ready for email in the morning and Netflix at night. So you can use it as a desktop replacement or take it with you wherever you go. Look, this laptop is almost $1,000 off. You can pay less than $429 for this system, and you can use it for years to come. Get one for you, get one for Mom so she can get on Facebook, or get one for your kids so they can do homework. Just get one. See at Amazon