Amazon acquired 49 per cent stake in Future Coupons which is a promoter group entity of Future Retail. Amazon argues that Future's deal with Reliance Retail is invalid and violation of its 2019 agreement.
Amazon's Jeff Bezos and Tesla's Elon Musk may have indulged in a see-saw game over the past year to clinch the world's richest person title but none of them added as much as billions to their wealth then Indian businessman Gautam Adani.
Elon Musk, founder, CEO, CTO, and chief designer of SpaceX and CEO and product architect of Tesla, Inc, has once again overtaken Amazon founder Jeff Bezos to become the wealthiest person on the planet. For the second time in 2021, the Tesla chief has dominated the billionaire index.
The announcement regarding Jeff Bezos's stepping down came as Amazon released its financial results for its fourth quarter that ended December 31, 2020.
Launched in 1995, Amazon was a pioneer of fast, free shipping that won over millions of shoppers who used the site to buy diapers, TVs and just about anything else. Under Bezos, Amazon also launched the first e-reader that gained mass acceptance, and its Echo listening device made voice assistants a common sight in living rooms.
Elon Musk, founder, CEO, CTO and chief designer of SpaceX and CEO and product architect of Tesla, Inc, has become the world's richest man, pushing Amazon founder Jeff Bezos on the second spot, according to Bloomberg Billionaires Index.
Bezos and the Zuckerbergs made up the next spots on last year’s top 10 list, with $100 million donations — Bezos for Feeding America to aid food banks across the country and the Zuckerbergs to the same election security group.
After donating $1.68 billion to 116 nonprofits, universities, community development groups and legal organizations last July, Scott asked a team of advisers to help her “accelerate” her 2020 giving with immediate help to those financially gutted by the pandemic.
Amazon founder Jeff Bezos's space company Blue Origin is all set to take the first woman to the moon's surface. The Amazon billionaire and world’s richest man announced his plans in a video post on Instagram. "This (BE-7) is the engine that will take the first woman to the surface of the Moon," Bezos said in a post on Instagram with a video of the engine test this week at NASA Marshall Space Flight Center in Huntsville, Alabama.
Reliance Industries is offering to sell about $20 Billion in its retail business to Amazon. The e-commerce retailer held discussions about investing in Mukesh Ambani's company and has expressed interest in negotiating a potential transaction.
Amazon founder Jeff Bezos has become the world's first-ever $200 billionaire. Well, you may that the world's richest person is wealthier than he's ever been. His net worth cleared the record $200 billion mark on Wednesday when shares of his online shopping company reached $3,403.64.
The next big battle of billionaires Mukesh Ambani and Jeff Bezos is set to be on the e-pharma front. According to a report in the Live Mint, both the companies are looking to diversify into the e-pharma segment.
Amazon CEO Jeff Bezos has sold over $3.1 billion worth of Amazon shares this week. This has taken his total cashout in 2020 so far to a massive $7.2 billion. In 2019, Bezos had sold $2.8 billion worth of Amazon shares.
Amazon founder and CEO Jeff Bezos has said that he cannot guarantee the company employees have not accessed third party seller data.
Four big tech CEOs -- Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple -- pushed back against accusations during a US Congress panel hearing capping a yearlong investigation into these companies' market domination online.
Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.
"I didn't think I'd regret trying and failing. And I suspected I would always be haunted by a decision to not try at all," Jeff Bezos had once said. Probably that's what makes Jeff Bezos the man he is, and in fact, the richest man in the world. Forbes' real-time list of billionaires shows the Amazon founder's net worth running into an unimaginable sum.
Amazon aims to contribute to the ongoing Coronavirus crisis and introduce COVID-19 testing tools
Despite losing an estimated $38 billion as part of his recent divorce, Bezos is still by far the world's richest person and his net worth has grown by 34 per cent on average over the last five years, said the study, by Comparisun, a company which helps organisations compare different business products.
Jeff Bezoz-run Amazon was left in shock when the Donald Trump administration put five of its foreign websites – India, Canada, the UK, Germany, France – on the "Notorious Markets" annual report for being havens for counterfeit products.