Amazon chief executive Jeff Bezos sells $3.1billion worth of shares

Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday. The stock sale comes at a time when the company’s shares have surged more than 73% this year. During the first two working days of August, Bezos sold 1 million shares… Read More Amazon chief executive Jeff Bezos sells $3.1billion worth of shares

U.S. Congress panel grill ‘Big Tech’ chief executives in virtual hearing

Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America’s most prominent tech CEOs in the hot seat. Facebook Inc’s Mark Zuckerberg, Amazon.com Inc’s Jeff Bezos, Google owner Alphabet Inc’s Sundar Pichai and Apple Inc’s… Read More U.S. Congress panel grill ‘Big Tech’ chief executives in virtual hearing

Traders plan protests against Amazon boss Jeff Bezos during India trip

Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bezos will participate in an Amazon event in capital New Delhi aimed at connecting with small and medium-sized enterprises, three sources… Read More Traders plan protests against Amazon boss Jeff Bezos during India trip

Amazon CEO Jeff Bezos set to divorce wife Mackenzie

Amazon.com Inc Chief Executive Jeff Bezos and wife MacKenzie Bezos have decided to divorce after a long trial separation, Bezos said on Wednesday in a joint statement by the couple on Twitter. Amazon.com again became Wall Street’s most valuable company this week, surpassing Microsoft Inc. Bezos’ fortune has soared to more than $160 billion, thanks… Read More Amazon CEO Jeff Bezos set to divorce wife Mackenzie

Amazon CEO Jeff Bezos becomes the world richest person

Amazon.com Inc. Chief Executive Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $90.6 billion, Forbes reported. Amazon shares jumped 1.6 percent at the start of trading on Thursday, boosting the net worth of Bezos,… Read More Amazon CEO Jeff Bezos becomes the world richest person