In 1994, Bezos had just discovered that web activity had increased by a factor of roughly 2,300% in the past year. Later, he quit the lucrative Wall Street job and began his own business.
The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year
Amazon is suppressing extraneous consumption in various ways, according to a report in the Wall Street Journal.
The pandemic has brought the global economy to a near standstill and pushed almost 17 million Americans onto the unemployment rolls in the span of three weeks.
Amazon acknowledges its ad-hoc effort may not accomplish much during the current pandemic.
LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion
Hourly workers at Amazon's US warehouses will receive double pay after 40 hours for overtime.
Amazon said it would invest over $350 million to raise the pays for these employees in the US and Canada by $2 an hour
While Bezos is seen playing a Talosian alien, Musk plays Captain Christopher Pike
Climate change is the biggest threat to our planet,' says Bezos, whose net worth is estimated to be around $130 billion
Geffen is selling his Beverly Hills mansion to Bezos for $165 million
Bezos bought the Warner Estate from media mogul David Geffen, according to the Journal
The Pentagon awarded the cloud computing project to Microsoft in October
The transactions are part of a pre-arranged trading plan
The investment comes just days after its founder and the world's richest man Jeff Bezos announced $1 billion investment in digitising small and medium enterprises (SMEs) in the country
As allegations of anti-competitive practices like vertical restraints by e-commerce firms become more frequent, the CCI's "light touch" decision-making approach for the sector is likely to change
At the current price, his net worth would be about $129.5 billion, according to the Bloomberg Billionaires Index
Investigators believe that Bezos's iPhone was compromised after he received a 4.4MB video file containing malware via WhatsApp
Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.
The comments from the lobby grouping come after there was a sharp criticism of Goyal for saying Amazon was not doing India a favour by the investment announcement