World’s richest man Jeff Bezos soars to space in inaugural voyage

Jeff Bezos, the world’s richest man, and three crewmates soared high above the Texas desert aboard his space venture Blue Origin’s New Shepard launch vehicle on Tuesday and returned to Earth, a historic suborbital flight that helps to inaugurate a new era of private commercial space tourism. The spacecraft ignited its BE-3 engines for a… Read More World’s richest man Jeff Bezos soars to space in inaugural voyage

British billionaire Richard Branson flies to space aboard Virgin Galactic flight

British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle’s first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago. Branson, one of six Virgin Galactic Holding Inc employees… Read More British billionaire Richard Branson flies to space aboard Virgin Galactic flight

Amazon founder Jeff Bezos announces resignation as chief executive

Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of the company’s transformation from web retailer to internet conglomerate. This summer, Bezos, 57, will hand the keys of the world’s largest online retailer to Andy Jassy,… Read More Amazon founder Jeff Bezos announces resignation as chief executive

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