MacKenzie Bezos has promised at least half of her fortune to charity, CNN reports. Continue reading Jeff Bezos’ Ex-Wife MacKenzie Bezos Will Give Half Her $36.6 Billion Fortune to Charity
Nearly a month after the National Enquirer published a story about Amazon CEO and Washington Post owner Jeff Bezos’ relationship with TV host Lauren Sanchez, Bezos has accused the outlet, its owner AMI and leader David Pecker of blackmail. Continue reading Jeff Bezos accuses the National Enquirer of ‘extortion and blackmail’
Jeff Bezos‘ divorce announcement this month has been a boon for the gossip pages, with tabloids dishing on the couple’s massive fortune of roughly $140 billion and on Bezos’ reported steamy texts to his new girlfriend. Continue reading Amazon CEO Jeff Bezos’ $140B divorce: What you need to know
Last week, at least 8,000 barrels of crude oil gushed into the northern Amazon rainforest in Peru, creating one of the worst spills the region has seen in years. State oil company Petroperú is blaming a local indigenous community for sabotaging a pipeline and triggering the spill, but the leader of Peru’s Wampis Nation, whose members make up that community, denies the accusations. Continue reading Catastrophic Oil Spill in the Peruvian Amazon Pits State Energy Company Against Local Tribe
For Amazon’s online sellers, a negative product review can be extremely damaging to businesses selling their products on the retail giant’s site. Continue reading Some Amazon employees are reportedly accepting cash bribes from online sellers to delete negative product reviews
More tech companies are about to face congressional scrutiny. Leaders from Amazon, Apple, AT&T, Charter and Google are scheduled to testify before a US Senate panel at a data privacy hearing on September 26th. Senators will grill the companies on their existing approaches to privacy, how Congress can press for “clear privacy expectations” and how firms will adapt to stricter requirements like the European Union’s GDPR and the California Consumer Privacy Act.
Apple’s status as the only public trillion-dollar company didn’t last long. Amazon has been flirting with a $1 trillion market cap throughout trading on September 4th, passing the symbolic milestone in the morning. It reached the figure through a relatively recent surge, CNBC pointed out. While Apple reached $900 billion eight months earlier, Amazon’s stock price has been climbing steadily throughout most of 2018 and has thrived since a record-setting Prime Day in July.