The All India Organisation of Chemists and Druggists (AIOCD), which claims to represent 8.5 lakh chemists, on August 14 wrote to Bezos and his India CEO Amit Agarwal saying the online pharmacy space "has been marred by extreme controversies, court cases, and legal issues in last few years."
Jeff Bezos tops Forbes richest Americans list third year in a row, Zoom Video Communications CEO new entrant
Trump's ranking dropped to No. 352 from 275 last year due to the pandemic.
Microsoft's new tech will spot the fake Jeff Bezos & Elon Musk in disturbingly realistic 'Star Trek' video
The new tool detects blended elements of an image that human eyes may not have picked up.
Amazon.com Inc. shares surged 7.9%, the most since December 2018 on rising optimism about web shopping trends, and are now up 73% this year.
Rocket Lab has launched a dozen rockets to space, putting small satellites into orbit for private companies, NASA and the U.S. military. It also has a mission to the moon in the works with NASA, called CAPSTONE, scheduled to launch in early 2021.
Jeff Bezos becomes world's first-ever $200-bn man, ex-wife MacKenzie Scott makes it to the richest women's list
Elon Musk extended an extraordinary stretch of wealth gains to become a centibillionaire.
Mukesh Ambani's Reliance Industries to offer Amazon $20 bn stake in retail arm, claims Bloomberg report
The news follows a $1 billion investment announced Wednesday by Silver Lake Partners in Reliance Retail, which runs more than 10,000 stores selling apparel, groceries and electronics across India.
The Amazon boss' wealth has hit an all-time high of $171.6 billion, surpassing the pre-divorce record.
Amazon can afford to grow its workforce: It is one of the few companies that has thrived during the coronavirus outbreak. People have turned to it to order groceries, supplies and other items online, helping the company bring in record revenue and profits between April and June.
This isn’t the first time the Tesla CEO has squared off against the Amazon founder on Twitter.
Poor audio quality, flat-screen televisions going off, chief executives appearing together as thumbnails on a large screen - led to observers on Twitter and frustrated viewers to mock the virtual set-up. Lawmakers focused on asking the CEOs of Alphabet Inc's Google and Facebook Inc a barrage of questions on alleged abuses of market power.
Amazon CEO Jeff Bezos dodged tough questions related to new evidence the online retailer stifled competition and raised prices on certain products during a House Judiciary hearing on antitrust laws Wednesday, July 29. Bezos and other executives of big technology platforms like Apple, Facebook and Google, were grilled for their companies' practices spelled out in more than a million internal documents unearthed during yearlong investigation of market dominance in the industry. Bezos initially declined to testify unless he could appear with the other CEOs.Amazon CEO Jeff Bezos dodges questions at first US Congress hearing on market competition
Amazon founder and CEO Jeff Bezos can't "guarantee" if the e-tailer has not used third-party seller data to aid its private label business, even though it has a policy against the practice, he said at a US Congressional hearing on Wednesday.
The chief executives of the country's largest tech companies - including Zuckerberg, Amazon Inc's Jeff Bezos, Sundar Pichai of Alphabet Inc's Google and Apple Inc's Tim Cook - gave virtual testimony before the U.S. House Judiciary Committee's antitrust panel.
US lawmakers, united in their ire, lash out at Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai
It was the first hearing for some time where Dems and Reps acted as if they had a common foe, though for different reasons. Dems criticized the tech cos for buying startups to stifle them and for unfairly using data to clone and kill off competitors, while Reps questioned whether the platforms had muzzled conservative viewpoints and were unpatriotic.
The Federal Aviation Administration said Monday that it had issued a Part 135 air carrier certificate to Amazon for its fleet of Prime Air drones.
Amazon did not immediately respond to Reuters request for comment.
The Amazon founder, now aged 56, would become a trillionaire (with $1,000 billion) by 2026.
The retail behemoth’s desire for expansion is easy to explain. India’s e-commerce industry is still in its infancy, nearing 120 million online shoppers in 2018 out of a population of more than 1 billion.
The ruse included bogus tweets from Barack Obama, Kim Kardashian, Kanye West & Joe Biden as well.
The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked.
Wilke is the most senior executive to leave Amazon amid a wave of departures from Bezos’ leadership team in recent years, with the men who built the company retiring or turning to other ventures.
Jeff Bezos regards India as a key frontier for Amazon, particularly after failing to break into China. Now he faces a homegrown champion backed by some of his fiercest US rivals.
Its e-commerce business hogs the limelight, but the most lucrative opportunity for Amazon may be linked to its cloud computing platform.
The contracts are for launch service orders beginning in 2022 and allocate $337 million to ULA, a joint venture between Boeing Co and Lockheed Martin Corp, and $316 million to SpaceX for the first missions of roughly 34 total that the two rocket firms will support through 2027.
The biggest hit to Bezos’s wealth was his divorce last year. His ex-wife MacKenzie Scott received a 4 per cent stake in Amazon as part of the split. Scott, now worth $61.6 billion, is the 13th-richest person in the world.
This year’s Amazon event will be devoid of the usual Bollywood dancing and the endless supply of Indian street foods, foot massages and costume parties. Instead, hundreds of employees will plan and coordinate the sale from home, their only respite virtual mood-boosters like standup comedy and selfie competitions.
Online grocery sales tripled year over year, and worldwide streaming video hours doubled, Olsavsky said on a call with analysts.
The development comes at a time when small sellers are becoming increasingly dependent on online channels for sales in light of the economic disruption due to the Covid-19 outbreak. Amazon founder Jeff Bezos said that he could not guarantee it was not accessing third-party seller data to develop its own competing products.
Dressed for Congress: Zuckerberg junks the Tee, Bezos came armed with snacks while Cook sipped tea in a mug, and Pichai suits up in grey
Tech titans kept it subtle at the antitrust hearings.
Four Big Tech CEOs - Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple - are testifying on their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. Critics question whether the companies, grown increasingly powerful after gobbling up scores of rivals, stifle competition and innovation, raise prices for consumers and pose a danger to society.Antitrust hearing: 4 Big Tech CEOs take heat during US Congress grilling on market power, influence
The four tech CEOs command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them, Bezos, is the world's richest individual; Zuckerberg is the fourth-ranked billionaire.
The mind-boggling accumulation of money underway in technology is unrivaled in speed and scale. No other group of executives has prospered to such a degree. Indeed, the world’s richest people are growing even richer, even faster, as the coronavirus pandemic upends the global economy and drives ever more activity online.
The largest portion of her philanthropy went to groups devoted to racial equity, which received slightly more than $586 million.
The CEOs of four of the most powerful companies in the world will testify remotely at the hearing, which comes less than 100 days before the US election.
ETNow on Thursday reported that RIL was holding preliminary talks to sell about 10 per cent stake in Reliance Retail (RRL) to Amazon.
Hackers accessed Twitter's internal systems to hijack some of the platform's top voices including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them to solicit digital currency.
As antitrust probes intensify, the potential for conflicts could multiply as regulators and companies hire experts who can play a crucial role in shaping cases involving claims of anti-competitive behavior.
Accounts of celebrities and political figures including Joe Biden, Kim Kardashian, Barack Obama and Elon Musk were hacked during the cyber attack on Wednesday. Twitter added that it was continuing to assess whether hackers were able to access private data of the targeted accounts.
Unidentified hackers have broken into the Twitter accounts of technology moguls, politicians, celebrities and major companies in an apparent Bitcoin scam.
A number of high profile Twitter accounts including that of US presidential hopeful Joe Biden, Tesla CEO Elon Musk, Microsoft Co-founder Bill Gates and of Apple were simultaneously hacked on Wednesday by attackers to carry out what appeared to be a cryptocurrency scam. Twitter says it is investigating the issue. The company’s shares declined 2.3% post market.Twitter accounts of Obama, Biden, Elon Musk, Bill Gates and others hacked to run Bitcoin Scam
Nautilus has high hopes for the potential impact of studying proteins. The human genome itself is a set of instructions for how the body should operate, and proteins are how those instructions are expressed, changing in response to triggers like aging.
Even as the coronavirus pandemic rages across the world, the world’s richest are estimated to grow their wealth in the coming years. According to a report, Amazon founder and CEO Jeff Bezos could potentially become the world's first trillionaire as early as 2026, at which point he will be aged 62, says a study.
A CoS can range from a glorified secretary to the CEO-in-waiting! A CoS is practically a shadow of the leader, supporting and enhancing the leader’s productivity and effectiveness.
Last week, Bezos’s iPhone was hacked via a WhatsApp message sent directly from Crown Prince MBS.
Jeff Bezos refuses to support ‘All Lives Matter’ after receiving an e-mail from angry customer, says ‘my stance won’t change’
The tech mogul has decided to take his support for #BlackLivesMatter a notch higher.
OneWeb had formed an alliance in 2018 with partners including Bharti Airtel to allow wireless carriers to extend their service into airplane cabins.
Ecommerce marketplaces such as Amazon and Walmart-owned Flipkart have been accused of flouting India's foreign investment rules and are also the subject of an investigation by the antitrust agency. The companies have maintained that they fully comply with Indian laws.
This isn’t the first time Musk has taken a dig at Bezos for indulging in similar business deals.
According to the IPS report, eight of these billionaires including Bezos, Zoom Video Communications Inc founder Eric Yuan and Musk saw a $1-billion jump in their total net worth.
Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world's richest person, said in an Instagram post that he'll start giving grants this summer to scientists, activists and nonprofits working to protect Earth. Bezos said that he will call his new initiative the Bezos Earth Fund.
Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world's richest person, said in an Instagram post that he'll start giving grants this summer to scientists, activists and nonprofits working to protect Earth.
Amazon said it is building an operations network that will span the country, and its footprint already includes 14 warehouses, a workforce of more than 1,400 and a strategic delivery partnership with Saudi Post.
WhatsApp co-founder Jan Koum sold $4 billion of Facebook shares in 2016, but that took months. Laurene Powell Jobs divested more than $6 billion of Walt Disney shares in 2016, though it wasn’t part of a trading plan.
The world’s richest man - and the CEO of Amazon - Jeff Bezos is putting in his money to fight the coronavirus and more so to protect his own employees from the disease.
The world's richest man has made the contribution to 'Feeding America'.
Amazon India turns 7, Amit Agarwal gets nostalgic, shares a throwback picture, says it still feels like Day 1
The top boss took a walk down memory lane and reflected on his journey.
Tesla Inc. Chief Executive Officer Elon Musk is escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos.
Jeff Bezos has announced investments of USD 1 billion over the next few years in India. He could not reportedly get an audience with Indian PM Modi, while Commerce Minister Piyush Goyal stoked a controversy by stating that the e-commerce giant which is being investigated for predatory pricing is not doing India any favour by the investment.
Amazon’s CEO and co-founder Jeff Bezos is literally aiming for the stars- and planets. According to Bezos, to preserve the earth, it is time to explore the possibility taking every polluting industry from this planet to another planet, so that earth can be used by humans for living. (Pic: BlueOrigin)
How worried should the Amazon boss be? Things will be clear after Ambani takes his JioMart live.
Ahead of Bezos’ visit, the Competition Commission of India (CCI) had launched a investigation into Amazon and its competitor FlipKart to look at allegations of deep discounting and discrimination against small sellers.
Amazon.com Inc will invest $1 billion in digitizing small- and medium-businesses in India and expects to export $10 billion worth of India-made goods by 2025, its founder Jeff Bezos said on Wednesday. Speaking at a company event in New Delhi, Bezos also said he feels the 21st century is "going to be the Indian century."Jeff Bezos says Amazon to invest $1 bln in digitizing SMBs in India
Addressing the audience and talking about his entrepreneurial journey, he said, “I had this idea and I knew that if I don’t try I would regret it. Last 25 years, what happened is beyond my expectation.”
Amazon founder and chief executive officer Jeff Bezos on Tuesday started his three-day visit to India by paying floral tribute to Mahatma Gandhi at Rajghat in New Delhi.Jeff Bezos arrives in India, pays tribute to Mahatma Gandhi at Rajghat
Amazon founder and CEO, Jeff Bezos, committed investment worth $5 billion in the Indian market in 2016.
Amazon, which has seen significant growth in its business in India, has also witnessed protest from a section of traders in the country who claim that e-commerce giants including Amazon and Walmart-owned Flipkart offer deep discounts and engage in unfair business practices.
Dow Jones reported that Amazon is in advanced talks to buy Zoox for less than the $3.2 billion valuation from 2018.
The more than 600 billionaires in the United States became even richer as tech stocks rose during virus lockdowns, an analysis of data by two think-tanks. Between March 18 and May 19, their total net worth increased by $434 billion while the coronavirus pandemic caused job losses and economic agony for tens of millions of Americans.
Amazon, led by a man who is always pulling new rabbits out of his hat, could soon disrupt on a mammoth scale.
‘This is the Indian century’: Jeff Bezos goes desi, makes big ‘Make in India’ pledge, talks climate change
Bezos, clad in a vibrant blue-coloured Nehru jacket, talked of the world’s largest democracy leaping ahead.
Rankling many activists, the rise in Amazon's shares has boosted the wealth of founder and chief executive Jeff Bezos to over $140 billion even as the global economy has been battered by the virus outbreak.
Bezos is truly the jack of all trades.
New Delhi, May 02 (ANI): E-commerce giant Amazon on Friday said that it is expecting to spend around USD 4 billion on expenses related to COVID-19. According to The Verge, USD 4 billion is the predicted earnings of the second quarter of the global giant. Amazon’s CEO Jeff Bezos said that the cost will include COVID-19 related expenses like the personal protective equipment.Amazon to spend USD 4 billion on COVID-19 expenses
This quarter, with government-mandated lockdowns in full swing, Amazon said it could see a 28% rise in revenue to $81 billion.
Non-stop delivery of bad news has got the Amazon 'Prime Minister' perplexed.
Jeff Bezos, the Amazon chief is said to be worried about the changing eCommerce rules in India.
Jeff Bezos calls Michael Sanchez's claims baseless, urges judge to dismiss suit filed by girlfriend’s brother
The Amazon boss said the suit amounted to an attempt to chill his ability to exercise his right of free speech.
Then in 2017, an Amazon executive sent around a congratulatory email lauding his team for landing $40 million in government incentives to build a $1.5 billion air hub near Cincinnati. The paltry sum irked Bezos, the people say, and made him even more determined to try something new.
Corporate chatter: Minister angered by drones, Delhi heiress throws a fit in Mumbai, Jeff Bezos's desi designs
A drone captured a video of a minister at a wedding, apparently without his permission.
Jeff Bezos, Lauren Sanchez make red-carpet debut; SRK makes Amazon boss try his hand at 'Don' dialogue
The world's richest man hobnobbed with Bollywood in Mumbai.
Amazon founder and CEO Jeff Bezos has lost the title as the world's richest man, paving the way for tenacious Bill Gates to grab the top spot after Amazon's lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.
Microsoft has surged 38 per cent this year boosting the value of Gates’s 1 per cent stake.
The world's richest man, Jeff Bezos, with his girlfriend Lauren Sanchez in tow, met the who's who of the film fraternity at an Amazon Prime Video event in a Mumbai's luxurious hotel on Thursday night. Bollywood stars and directors like Shah Rukh Khan, Zoya Akhtar, Vidya Balan, Farhan Akhtar, Kamal Haasan, among others, graced the event. The Amazon CEO has been making news with his visit to Rajghat and tribute to Mahatma Gandhi during his three-day India trip. Here's a quick look at all the B-town celebrities who met Bezos.
Bezos faced opposition during his tour to India intended to underscore its importance as Amazon's growth driver.
Jeff Bezos's India wardrobe packed with Nehru jackets, kurtas; dinner menu had chicken kebabs & ladoos
On his first day in India, Bezos visited Rajghat and paid his tribute to Mahatma Gandhi.
Stating that he believes failures through experiments can sometimes lead to innovation of new things, Bezos also pointed out that operational excellence failures exist and those should be avoided.
Amazon founder & CEO Jeff Bezos will kick off his India tour tomorrow. A mega SME event in Delhi to a glitzy Bollywood event in Mumbai has been lined up for his visit. Here's Nayantara Rai with more detailsAmazon founder & CEO Jeff Bezos to kick off 3-day India visit on Jan 15
For many retailers, Amazon has the power to control their destiny. Then there’s the fact that Amazon both serves as a platform for companies wanting to sell things and sells things itself, meaning it competes with the same companies it enables.
Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey said in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 percent of his overall wealth.
Amazon CEO Jeff Bezos is the world's richest man and recently at a conference he gave out certain tips and advice about being successful. Bezos was speaking at the Mars conference in Las Vegas and was asked for simple business advice. As per a report by Fast Company, here’s what Bezos had to say about certain things:
Chief Executive Officer Jeff Bezos, the world's richest person, also said on Saturday, "My own time and thinking is now wholly focused on COVID-19 and on how Amazon can best play its role," according to a message posted on a company website.
Shankar Prasad also talks about how beauty brands can be ethically sound.
“The most important thing is to be customer obsessed,” Bezos told the audience.
Amazon has been flirting with a trillion-dollar market cap, but Bezos isn’t resting on dominating earth.
Trust a nerd to rice to the occasion: Reducing Bezos’s wealth to 26 kg has made the number easier to swallow
Numerically challenged people should thank TikTok star Humphrey Yang for reducing each $100,000 to an easily digestible grain of rice.
The World Health Organization has thus far refrained from declaring it a pandemic.
More money, more problems: Jeff Bezos roasted for $690,000 donation to Australian bushfires, people say he could have done more
His net worth is $117.2 billion.
The Amazon founder seems to have mastered the art of an effortless 'date night' look.
The world’s second richest man and girlfriend Lauren Sanchez present a united front, at least style-wise.