Tag Archives: Amazon&#39s

Investors question Amazon's future after Bezos announces divorce

Investors question Amazon's future after Bezos announces divorceAmazon.com Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Amazon shares were flat in midday trading on Thursday after spending most of the morning down slightly. The split throws into question how the couple will split their fortune, which includes an approximately 16 percent ownership stake in Amazon’s roughly $ 811.4 billion market capitalization.



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Amazon's Jeff Bezos tops 2018 Forbes' billionaires list

Amazon's Jeff Bezos tops 2018 Forbes' billionaires listThe online retail giant's CEO is the richest man in the world, followed by Microsoft co-founder Bill Gates and Berkshire Hathaway's Warren Buffett. Elly Park reports.



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Amazon's Jeff Bezos becomes world's richest: Forbes

Amazon's Jeff Bezos becomes world's richest: Forbes(Reuters) – 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 – the company’s founder and largest shareholder – by $ 1.4 billion, according to Forbes, which tracks the world’s wealthiest. The stock was up ahead of Amazon’s second-quarter earnings report after Thursday’s market close.



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Amazon's Bezos asks for philanthropic ideas, gets plenty

Amazon's Bezos asks for philanthropic ideas, gets plentyWashington (AFP) – Amazon founder Jeff Bezos is asking for ideas to help the world through philanthropy — and is getting an earful.



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Disruption in Amazon's cloud service ripples through internet

Disruption in Amazon's cloud service ripples through internetBy Jeffrey Dastin SAN FRANCISCO (Reuters) – Some web surfers on Tuesday experienced glitches on media outlets and other sites whose data is hosted by Amazon.com Inc’s popular cloud business, which Amazon said suffered a technical disruption. The technology company’s simple storage service, known as Amazon S3, experienced “high error rates” that rippled throughout its various cloud services, Amazon said in an online posting. Amazon Web Services (AWS) is the world’s biggest cloud business.



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Disruption in Amazon's cloud service ripples through internet

Disruption in Amazon's cloud service ripples through internetBy Jeffrey Dastin SAN FRANCISCO (Reuters) – Some web surfers on Tuesday experienced glitches on media outlets and other sites whose data is hosted by Amazon.com Inc’s popular cloud business, which Amazon said suffered a technical disruption. The technology company’s simple storage service, known as Amazon S3, experienced “high error rates” that rippled throughout its various cloud services, Amazon said in an online posting. Amazon Web Services (AWS) is the world’s biggest cloud business.



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