Monday, 4 July, 2022
TopicJeff Bezos

Topic: Jeff Bezos

What’s next for Amazon after Jeff Bezos? He won’t disappear easily

Andy Jassy will replace Bezos as CEO of Amazon. Jassy has been with the company since 1997.

Amazon to pay Flex drivers $61.7 million after US trade body finds company had withheld tips

Federal Trade Commission says Amazon used customer tips to subsidise drivers' base pay. Jeff Bezos company will now have to get drivers' permission before changing policy on tips.

Jeff Bezos to step down as Amazon CEO this year, Andy Jassy to replace him

Jassy’s likelihood as successor seemed inevitable last year when Jeff Wilke, who was the consumer business chief & was also seen as a CEO candidate, announced he’d be leaving.

Elon Musk & Jeff Bezos are fighting over celestial real estate for satellite fleets

Musk asks US regulators for nod to operate its Starlink satellites at a lower orbit than first planned. This could risk collision with Amazon's Kuiper satellites, says Bezos.

Tesla’s Elon Musk is now world’s richest person, surpasses Amazon’s Jeff Bezos

The South Africa-born engineer’s net worth was $188.5 billion in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017.

Elon Musk is close to surpassing Jeff Bezos as world’s richest person

Over the past year, Elon Musk's net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. His net worth was $181.1 billion on Wednesday.

Shipping groups call on Amazon’s Jeff Bezos to save thousands of stranded seafarers

Industry bodies said global trade would simply cease to exist without seafarers and urged Bezos to exert pressure on incoming Biden administration to recognise them as key workers.

Jeff Bezos gives $684 million of Amazon stock to non-profits

Jeff Bezos has been on an Amazon selling spree. Earlier this month, he sold $3 billion of Amazon stock, the latest in a series of transactions that now exceed $10 billion this year.

Amazon’s Bezos, Facebook’s Zuckerberg gain billions amid tight Biden-Trump election race

Across the board, 167 US billionaires gained $57.4 billion Wednesday as investors bid up stocks, capping four years of robust gains for the America’s wealthiest people.

Why the Mukesh Ambani vs Jeff Bezos fight could be more of a waiting game

By seeking to stall Ambani’s purchase of Future, Bezos may be signalling he’d rather remain a rival. Or, he’s buying time to sweeten offer currently on table.

On Camera

YourTurn

Attendees pose for a group photo at the 48th G7 Summit on 26 June | PTI

G7 infra plan a lifeline developing nations can’t ignore but first crack this code, like BRI

Silk roads are getting bumpier but Beijing will maximise its pursuit of global leadership as long as it perceives that Washington seeks to deny it any.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

Army personnel give military honours to the soldiers of Territorial Army's infantry 107 battalion who lost their lives in the Manipur Landslide, 2 July 2022, Siliguri | Credits: ANI Photo/ ANI Pic Service

A look at the Territorial Army — The Indian military’s task force hit by the Manipur landslide

The Territorial Army, a part-time military organisation for Indians who may have other jobs, is essentially a volunteer force that can be quickly mobilised in the defence of a state.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
×