Page 16 - Jeff Bezos

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.

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.

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

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.

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.

Coronavirus outbreak: Amazon begins making testing lab for workforce

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

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

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.

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

Jeff Bezos, Elon Musk, Star Trek collide in an uncanny deepfake video!

While Bezos is seen playing a Talosian alien, Musk plays Captain Christopher Pike

Amazon's Jeff Bezos pledges $10 billion fund to tackle climate change

Climate change is the biggest threat to our planet,' says Bezos, whose net worth is estimated to be around $130 billion

David Geffen sells home to Jeff Bezos, splashes $30 million on art

Geffen is selling his Beverly Hills mansion to Bezos for $165 million

Amazon chief Jeff Bezos buys Warner Estate from Geffen for $165 mn: Report

Bezos bought the Warner Estate from media mogul David Geffen, according to the Journal

Amazon wants to depose Trump over loss of $10 bn military contract

The Pentagon awarded the cloud computing project to Microsoft in October

Bezos continues selling spree, unloads $4 bn of Amazon stock in a week

The transactions are part of a pre-arranged trading plan

Amazon invests Rs 2,500 cr in Indian units Seller Services, Data Services

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

Is e-commerce really hurting competition?

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

Amazon's Jeff Bezos adds $13 bn to his fortune in 15 mins; stock rises

At the current price, his net worth would be about $129.5 billion, according to the Bloomberg Billionaires Index

Facebook blames Apple iOS for Bezos' phone breach, says WhatsApp unhackable

Investigators believe that Bezos's iPhone was compromised after he received a 4.4MB video file containing malware via WhatsApp

Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart

Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.