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Page 16 - Latest Updates on Jeff Bezos

Jeff Bezos's wealth soars to record $171.6 billion: Billionaires Index

Shares of the retailer surged 4.4 per cent to a record $2,878.70, boosting the founder's world-leading fortune to $171.6 billion.

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Updated On : 02 Jul 2020 | 10:23 PM IST

Elon Musk calls Jeff Bezos a 'copycat' over Amazon's acquisition of Zoox

Tesla CEO Elon Musk called Amazon Founder and CEO Jeff Bezos a copycat after the e-commerce giant announced its purchase of self-driving car company Zoox at an estimated value of over $1 billion

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Updated On : 27 Jun 2020 | 2:16 PM IST

Hurun's rich list 2020: Here are the top 10 richest people in the world

Amazon CEO, Jeff Bezos, retains the top spot on the list with $140 billion net worth, down $7 billion from last year, mainly due to the world's largest divorce settlement

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Updated On : 24 Jun 2020 | 8:54 AM IST

In pics: Mukesh Ambani 9th among top-10 richest men. Who are the others?

With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, its chairman and managing director Mukesh Ambani became the ninth-richest billionaire globally

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Updated On : 20 Jun 2020 | 2:47 PM IST

Perils of face-recognition

The technology has heightened privacy concerns

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Updated On : 16 Jun 2020 | 11:23 PM IST

'Black Lives Matter' movement not an insult to others: Amazon CEO Bezos

I have to disagree with you. 'Black Lives Matter' doesn't mean other lives don't matter, said Bezos

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Updated On : 06 Jun 2020 | 2:07 PM IST

Elon Musk calls for breakup of Amazon in tweet, slams 'wrongful monopoly'

Telsa chief comes out in support of author who was unable to self-publish a book on Amazon.

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Updated On : 05 Jun 2020 | 7:04 AM IST

Wealth of US billionaires jumps $500 bn during Covid-19 pandemic: Report

During the 11 weeks from March 18, when US lockdowns started, the wealth of America's richest people surged by over $565 billion, while 42.6 million workers filed for unemployment

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Updated On : 04 Jun 2020 | 10:45 PM IST

The Flywheel of Jeff Bezos

You cannot build a business that touches hundreds of millions of lives and thousands of companies and become the richest man on earth without attracting attention

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Updated On : 02 Jun 2020 | 2:10 AM IST

Richer in pandemic: Bezos, Musk among US billionaires whose net worth rose

The wealth surge of America's richest men happened during a period marred by the coronavirus crisis, when as many as 22 million Americans filed for unemployment benefits

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Updated On : 23 May 2020 | 8:19 AM IST

Antitrust case: Amazon refuses to send Jeff Bezos to testify in US Congress

Amazon's blog late on Friday did not commit to a specific person or consideration for who could eventually testify

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Updated On : 16 May 2020 | 1:54 PM IST

India business most affected due to Covid-19 outbreak, says Amazon

"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.

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Updated On : 02 May 2020 | 2:51 AM IST

Amazon: How numbers lie at the centre of Jeff Bezos' management ethos

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.

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Updated On : 02 May 2020 | 12:46 AM IST

Stocks up, warehouses shut: Weal and woes of Amazon Inc during Covid-19

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year

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Updated On : 30 Apr 2020 | 9:25 AM IST

Coronavirus makes Amazon do the unthinkable: Nudging customers to buy less

Amazon is suppressing extraneous consumption in various ways, according to a report in the Wall Street Journal.

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Updated On : 17 Apr 2020 | 11:16 PM IST

Jeff Bezos gains $24 billion while world's rich reap bailout rewards

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.

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Updated On : 16 Apr 2020 | 2:22 AM IST

Coronavirus outbreak: Amazon begins making testing lab for workforce

Amazon acknowledges its ad-hoc effort may not accomplish much during the current pandemic.

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Updated On : 11 Apr 2020 | 1:24 AM IST

Covid-19 impact: Mukesh Ambani's net worth drops 28% to $48 bn in 2 months

LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion

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Updated On : 07 Apr 2020 | 1:14 AM IST

Amazon raises overtime pay for warehouse staff, Bezos 'ocused on COVID-19'

Hourly workers at Amazon's US warehouses will receive double pay after 40 hours for overtime.

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Updated On : 22 Mar 2020 | 10:00 AM IST

Amazon to hire 100,000 workers as orders surge on coronavirus worries

Amazon said it would invest over $350 million to raise the pays for these employees in the US and Canada by $2 an hour

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Updated On : 17 Mar 2020 | 7:36 AM IST