Blue Origin completed the fourteenth test flight of its New Shepard rocket booster and capsule yesterday.
A 4.8% rally in Tesla’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.
Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Amazon's Jeff Bezos to become the world's richest person. The South African-born Musk, 49, added over $3 billion in wealth on Thursday following Tesla's latest surge. The outspoken Musk, who is also cofounder of SpaceX, had already overtaken numerous luminaries in recent weeks, including Facebook Chief Executive Mark Zuckerberg and Bernard Arnault, the head of French luxury giant LVMH.Elon Musk of Tesla pips Amazon's Jeff Bezos to become richest person on the planet
Bezos's 'real-time' net worth is around $188 bn, as estimated by Forbes.
The world’s richest man donated 220,825 shares of the e-commerce juggernaut.
The Musk-Bezos duel has been the spectator sport this week — for spectators.
The electric-automaker’s shares recently surged 7.9%, boosting Elon Musk past Amazon founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. Musk is now worth $194.8 billion, or $9.5 billion more than Bezos.
The billionaire's strategy was tried and tested by Patym CTO for Payments Manmeet Dhody.
Amazon’s letter to Sebi makes a reference to India’s “ease of doing business,” which has been a sore point with foreign investors from Vodafone Group Plc to Cairn Energy Plc.
Tesla's market capitalization crossed $800 billion, fortifying its position as Wall Street's fifth most valuable company, above Facebook Inc.
Musk has entered a new stratosphere over the last few years as Tesla has grown and come closer to achieving a mission he said is not purely economic.
Musk’s net worth was $184.5 billion at 11:40am in New York, just shy of Bezos, who has held the top spot since October 2017.
Jeff Bezos's Amazon, Warren Buffett's Berkshire Hathaway and financial giant JPMorgan Chase announced in January 2018 the plan to create a nonprofit health care plan to "provide US employees and their families with simplified, high-quality and transparent health care at a reasonable cost."
Former Attorney General of Singapore, V.K. Rajah concluded the arbitration hearing on Friday, October 16, and will deliver his ruling on or before Monday, October 26, sources said.
A staggering 6.6 million people applied for unemployment benefits in one week at the end of March as the coronavirus outbreak ravaged nearly every corner of the U.S. economy.
From Khatabook Vs Dukaan over IP rights to Reliance vs Amazon over Future Retail, 2020 saw its fair share of tiffs between Indian tech companies. ETtech does a roundup.
In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach USD 1.3 trillion by 2025.
There is a global race to set up "mega constellations" of satellites to provide high-speed internet, led by Elon Musk’s Starlink, Jeff Bezos's Kuiper and Bharti Enterprises' OneWeb.
Amazon’s report showed that the company added more than 150,000 new sellers onto its platform this year, taking the total number of sellers to 700,000.
Last month, the Delhi HC had reserved order on an application by Kishore Biyani led Future Retail Ltd (FRL) seeking to injunct Amazon from interfering in the Rs 24,713 crore Reliance-Future deal on the basis of an interim order passed by the Singapore International Arbitration Centre (SIAC).
A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires Index.
In July, Scott had donated $1.7 bn in the past year to various causes.
Among the big-name investors who have turned bullish are Paul Tudor Jones, Stan Druckenmiller and Bill Miller. Even Ray Dalio admitted the other day that he “might be missing something” about Bitcoin.
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."
It seemed like the equation might be changing. Value stocks enjoyed a renaissance this month when vaccine euphoria prompted investors to rotate into shares trashed as the pandemic crimped the global economy. Their returns beat their growth counterparts by five percentage points in the first three weeks of November.
Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires.
The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.
Like any tool, a mental model is neither correct nor effective all the time. However, having many mental models gives you multiple paths to a good result. Here are a few great models to understand and use to supercharge your career.
He said that the schools would "use the same set of principles that have driven Amazon."
Even after Donald Trump’s tirade against the e-commerce giant, Amazon’s stock value since 2016 has soared more than 300%, thus making Jeff Bezos make about $120 billion.
While Amazon, Future and Reliance await a verdict, the legal wrangling is threatening to unravel India’s biggest retail acquisition. But why is the world’s largest e-commerce company seeking to derail a deal that’s essentially bailing out a beleaguered retailer, whose market valuation is barely 2% of its own? Here’s what we know so far.
The billionaires of the world amassed fortunes in excess of $10 trillion this year.
Reliance group’s JioMart – which only started this year and is still in the beta phase – has had delivery snafus and refund delays, and some users haven’t been shy about venting on Twitter. All that means winning big against Walmart and Amazon could take years.
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.
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.
While Kishore Biyani and the Jeff Bezos-led Amazon have locked horns in public over this issue, this is also impacting Future Retail’s store networks with many outlets reportedly seeing empty shelve
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 has also said the Future-Reliance transaction breaches the right of first refusal and non-compete clauses in its agreement with the Kishore Biyani-owned company.
The Amazon boss' wealth has hit an all-time high of $171.6 billion, surpassing the pre-divorce record.
President Trump's plans to win the race in space call for a 2024 moon mission, and ending direct U.S. financial support for the International Space Station in 2025 - turning over control of the decades-old orbital laboratory to private space companies.
The Amazon founder, now aged 56, would become a trillionaire (with $1,000 billion) by 2026.
This isn’t the first time the Tesla CEO has squared off against the Amazon founder on Twitter.
SIAC said FRL chains are unique and are of strategic importance and value to Amazon. Future Group has given no good legal reasons for affecting the sale of FRL’s retail assets behind Amazon's back and therefore ‘gravely compromising its interests’, it added.
According to a report by IANS, as Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has pitched both behemoths, Jeff Bezos' Amazon and Mukesh Ambani's RIL, against each other in a legal battle, which now seems to be heading towards a long-drawn war.
Over the weekend, Amazon won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance. Amazon alleged FRL had breached certain contract provisions it entered into last year in a separate deal with the American firm.
For the world’s most valuable retailer Amazon, it is important that it drags Future Group to court for breaching an international contract so that it does not set a precedent which could be used against it in other countries, said two persons aware of the developmen
Reliance Industries was the biggest drag on bluechip indices as investors dumped shares fearing it may not be able to complete the acquisition of Future Group assets.
Amazon drew the battle lines earlier this month when it accused Future of violating a contract between the two sides by agreeing to a buyout by Reliance. The deal would have been a bailout for Future, which faces another potential cash crunch as competition in the Indian retail space intensifies and the economy slows amid the coronavirus pandemic.
Passing an interim award in favour of Amazon, V K Rajah - the sole arbitrator in the Amazon vs Future vs Reliance arbitration matter - has asked the Future group to put the deal on hold and said that the deal cannot go through until it finally decides the matter.
Amazon did not immediately respond to Reuters request for comment.
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.
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.
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.
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.
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.
Last week, Bezos’s iPhone was hacked via a WhatsApp message sent directly from Crown Prince MBS.
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.
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.
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.
Its e-commerce business hogs the limelight, but the most lucrative opportunity for Amazon may be linked to its cloud computing platform.
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.
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.
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 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.
Amazon founder and CEO, Jeff Bezos, committed investment worth $5 billion in the Indian market in 2016.
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.
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.
ETNow on Thursday reported that RIL was holding preliminary talks to sell about 10 per cent stake in Reliance Retail (RRL) to Amazon.
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
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.
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.
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.
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
The world's richest man has made the contribution to 'Feeding America'.
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.
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.