Page 10 - Jeff Bezos

Bezos tops Forbes richest Americans list, pandemic knocks Trump lower

Amazon Chief Executive Jeff Bezos topped Forbes' list of richest Americans for the third year in a row, while US President Donald Trump's ranking dropped

From Bezos to Musk: World's richest people smashed wealth records this week

This week marked just the latest boon for the personal fortunes of the richest of the rich, whose red-hot growth has been largely driven by surging markets, particularly for tech shares

At half of Jeff Bezos's net worth, Elon Musk enters elite $100 bn club

A large chunk of his wealth comes from the 21% stake in Tesla, according to Forbes

Amazon's Jeff Bezos becomes the first person ever worth $200 billion

Musk extends an extraordinary stretch of wealth gains to become a centibillionaire

Amazon's Jeff Bezos becomes first person ever with worth of over $200 bn

The net worth of the world's richest person went up by $4.9 billion after Amazon stock edged up 2% as of Wednesday afternoon

Amazon's consumer CEO Jeff Wilke to retire in 2021, Dave Clark to take over

Bezos, who became the world's richest person as Amazon's stock soared, said in another note to staff that Wilke's "legacy and impact will live on long after he departs

Chemist body AIOCD writes to Jeff Bezos, says e-pharmacies are 'illegal'

The top body of chemists and druggists has shot off a letter to Amazon CEO Jeff Bezos on the world's largest online retailer entering the online pharmacy space in India, saying e-pharmacies are "illegal" and not allowed under the country's laws. 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." "We are writing to you as we came to know that www.amazon.in has decided to enter 'online pharmacy' space, probably oblivious to the fact that e-pharmacies are illegal and not recognised by the laws under Drug and Cosmetic Act & Rules thereunder," it wrote. Earlier this month, Amazon launched an online pharmacy in Bengaluru. Amazon Pharmacy has started accepting orders for both over-the-counter and prescription-based medicines and is also selling ...

Retail to insurance: Amazon, Ambani's Jio prep for 'one fierce battle'

Jeff Bezos regards India as a key frontier for Amazon; he faces a homegrown champion backed by some of his fiercest US rivals

A better alternative to Trump's WeChat ban

By opting for a ban, the US has prioritised optics over sound policymaking, with costs to America that are all too predictable

Covid-19 curbs make e-commerce viral: Amazon, Flipkart see record sales

Amazon and Flipkart saw record sales during their pre-Independence Day promotions. But this surge does not indicate a decisive revival in consumer sentiment. Here's why

Mark Zuckerberg joins centibillionaire club after launch of TikTok rival

The 36-year-old joins fellow tech titans Jeff Bezos and Bill Gates as the only people in the world who currently have centibillionaire status, according to the Bloomberg Billionaires Index

Hacking of celebs' Twitter handles: 'Mastermind' US teen, 2 others charged

Twitter said the hackers behind the attack on accounts of public figures used telephone phishing to break into the system

Antitrust hearing: Jeff Bezos testifies before Congress for the first time

After avoiding any questioning for the first two hours of the hearing, Bezos fielded multiple questions on Amazon's approach to pricing

United in their ire, US lawmakers lash out at big tech cos leaders

For more than five hours, the 15 members of an antitrust panel in the House lobbed questions and repeatedly interrupted and talked over Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg

Tech billionaires like Bezos must answer: Will they let workers unionize?

Amazon's decision to fire the activists was easy to make in the United States, where Amazon workers have no union and are left to fend for themselves

How to fight against big tech's power, break out of the stranglehold

Expect the tech titans to be grilled over whether their companies have become so powerful and far-reaching that they harm rivals and all of us, too

Top headlines: Google Tax stumps foreign firms, Unlock 3 ends night curfew

From Maruti posting first quarterly loss in 17 years, VIral Acharya on larger role of foreign banks to govt approving new education policy, here are the top news of the day

'They have too much power': US lawmakers grill Big Tech as Trump weighs in

Much-anticipated congressional hearing featuring the CEOs of four of America's largest tech firms kicks off.

4 Big Tech CEOs under US Congress scanner on issues of competition, privacy

One of them is the world's richest individual (Bezos); another is the fourth-ranked billionaire (Zuckerberg)

Amazon CEO Jeff Bezos' ex-wife donates $1.7 billion for social causes

MacKenzie Scott, former wife of Amazon CEO Jeff Bezos, announced that she has donated around $1.7 bn to groups involved in philanthropic causes such as healthcare, LGBT rights and racial justice