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Jeff Bezos Once Admired How Sony Set Out To Change Japan's Image After World War II — And If You'd Put $1,000 Into The Company's Stock 40 Years Ago, Here's How Much You'd Have Today
Wednesday, May 7, 2025 - 9:06pm | 743Amazon.com, Inc. founder Jeff Bezos has long admired Sony Group Corporation's (NYSE:SONY) mission to transform Japan's reputation for quality, and its legacy has also delivered impressive long-term gains for investors. What Happened: In a 2012 interview with host Charlie Rose, Bezos highlighted...
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Amazon Unveils Revolutionary Robot 'Vulcan' With Sense Of Touch To Handle 75% Of The Warehouse Items: 'People Will Always Be Part Of The Equation'
Wednesday, May 7, 2025 - 5:18am | 696Amazon (NASDAQ:AMZN) has revealed a revolutionary robot, Vulcan, which boasts a sense of touch, enabling it to manage approximately 75% of items in Amazon’s warehouses. What Happened: As per Amazon’s announcement on Wednesday, Vulcan is set to be introduced at the company...
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Mark Zuckerberg Overtakes Jeff Bezos To Become World's Second-Richest Person As Meta Stock Soars
Monday, May 5, 2025 - 11:55pm | 627Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has become the world's second-richest person, overtaking Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos. What Happened: Zuckerberg's net worth has climbed to $212 billion, according to the Bloomberg Billionaire Index, after Meta shares jumped...
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Jeff Bezos Says It's 'Easy To Have Ideas' — But Here's Why Only The Relentlessly 'Stubborn' Can Turn Them Into Trillion-Dollar Businesses Like Amazon
Monday, May 5, 2025 - 9:46pm | 800Jeff Bezos, the founder of Amazon.com, Inc. (NASDAQ:AMZN) and one of the world's most influential entrepreneurs, once opened up in an interview about why most people fail to follow through on business or invention ideas — and how a rare mix of traits helped him turn an online bookstore into a $1.97...
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Jeff Bezos To Unload Almost $5 Billion In Amazon Stock: Filing
Friday, May 2, 2025 - 2:34pm | 354Amazon.com Inc (NASDAQ:AMZN) founder and executive chairman Jeff Bezos has been steadily whittling down his ownership stake in the Seattle, Washington-based company recently, allocating capital instead to Blue Origin and his other ventures. A filing on Friday revealed that the billionaire...
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Jeff Bezos Says The 'Hardest Thing' Was Landing Amazon's First Million, Says He Warned Potential Backers Of A '70% Chance' They'd Lose Their Money
Friday, May 2, 2025 - 9:42am | 490Jeff Bezos says the toughest test of his career wasn't building a trillion‑dollar tech empire — it was scraping together Amazon's first million dollars. What Happened: Speaking at The New York Times DealBook Summit in December 2024, the Amazon founder recalled 1995, when "to raise the first $1 ...
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Elizabeth Warren Asks Jeff Bezos If Trump Threatened Retaliation Or Offered 'Favors' After Calling Him 'Very Nice' For Amazon's Reversal On Showing Tariff Fees
Thursday, May 1, 2025 - 6:11am | 511Sen. Elizabeth Warren pressed Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos on Wednesday over the company's abrupt decision to scrap a feature that would have shown shoppers how much Trump-era tariffs add to prices. What Happened: In a pointed letter, the Massachusetts Democrat asked whether a...
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CEO Pay Surges 50% Since 2019 As Worker Wages Stall — Oxfam Calls For 75% Tax On Super-Rich Ahead Of International Workers' Day
Thursday, May 1, 2025 - 4:39am | 557On the eve of International Workers’ Day, a new report from Oxfam depicts the stark reality of growing global income inequality: average CEO pay has increased by 50% in real terms since 2019, while worker wages have seen a negligible rise. What Happened: The report, released in collaboration...
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Jeff Bezos-Backed Tesla Rival To Assemble $25,000 EV Truck In Indiana, Promises 2,000 Jobs
Wednesday, April 30, 2025 - 1:44am | 374Slate Auto, backed by Jeff Bezos, will assemble its $25,000 EV truck — which drops to $20,000 after the federal EV credit — in Warsaw, Indiana. What Happened: Slate Auto CEO Chris Barman confirmed the company's plans to assemble the truck in Indiana, Business Insider reported on Tuesday. “We...
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Trump's Call To Jeff Bezos Over Amazon's Tariff Display Earns Peter Schiff's Ire: 'Type Of Stuff You Might Expect To See In China'
Wednesday, April 30, 2025 - 1:09am | 667Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices. What Happened: “Apparently, Trump called Bezos personally to ‘...
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Jeff Bezos Wants To Send You To Space After Katy Perry: Here's How Much A Reservation With Blue Origin Costs
Tuesday, April 29, 2025 - 6:34pm | 813A space flight that included Katy Perry and Jeff Bezos' fiancée Lauren Sánchez generated plenty of headlines about their short 11-minute flight and the point of the mission, while it made history for having all women aboard. The company behind the space flight is now taking reservations and...
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Elon Musk, Warren Buffett, Jeff Bezos, And 16 US Households Gained $1 Trillion In 2024—An Amount Larger Than Switzerland's Entire Economy
Tuesday, April 29, 2025 - 6:43am | 512An unprecedented wealth surge has accumulated historic levels of fortune in the hands of a minuscule minority. According to an analysis by economist Gabriel Zucman of UC Berkeley and the Paris School of Economics, only 19 U.S. households added $1 trillion to their net worth in 2024. What Happened...
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Elon Musk's Starlink Empire Gets New Challenger In Shape Of Jeff Bezos' Amazon: Project Kuiper Deploys First Operational Satellites
Tuesday, April 29, 2025 - 12:53am | 684On Monday, Jeff Bezos's Amazon.com, Inc. (NASDAQ:AMZN) entered the satellite internet market, kicking off a high-stakes battle with Elon Musk's SpaceX as it launched the first operational satellites for its ambitious Project Kuiper. What Happened: A United Launch Alliance Atlas V rocket lifted off...
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Bill Ackman Hails Jeff Bezos-Backed Tesla Rival Slate Auto, Says It Will Be 'A Big Success'
Monday, April 28, 2025 - 4:12am | 610Pershing Square's Bill Ackman has hailed Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos-backed Slate Auto as the company recently revealed its $20,000 EV truck. What Happened: Quoting a post that shared a Slate Auto commercial on social media platform X, Ackman hailed the company's modular...
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Take Investment Advice From Shaq — His Fortune Grew Thanks To Charles Barkley and Donuts
Sunday, April 27, 2025 - 3:44pm | 495Former NBA player Shaquille O’Neal has seen a significant increase in his wealth, quadrupling his net worth through an investment strategy inspired by Amazon’s CEO, Jeff Bezos. What Happened: In an interview, O’Neal disclosed that his investment choices are guided...