Musk, now one of four centibillionaires in the world, has seen his fortune grow by $73.6 billion this year, a jump still smaller than Bezos’s, who is up by $87.1 billion.
Jeff Bezos regards India as a key frontier for Amazon, particularly after failing to break into China. Now he faces a homegrown champion Jio, backed by some of his fiercest US rivals.
Florida teen Graham Ivan Clark has been charged with posting messages on behalf of over 100 notable personalities, including Barack Obama, as part of a cryptocurrency scam.
Google’s control over search & online advertising; Apple’s tight grip over apps; Facebook’s acquisition of rivals, and Amazon’s leverage over 3rd-party sellers were criticised.
With consumers stuck at home, they’re relying on Bezos’s Amazon more than ever. The retailer’s stock climbed 5.3%, lifting the founder’s net worth to $138.5 billion.
Bezos made overly optimistic bets on global leaders whose dispositions turned out to be less open and more autocratic than Silicon Valley originally thought.
Facebook Inc. Vice-President Nicola Mendelsohn said in Davos that the company would take any allegations that its service was used in a hack very seriously and would look into it.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
This is the capitalism i want in India, unlike Crony-capitalist Ambanis .