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Jeff Bezos

Amazon paid $0 worth dividends in 2019 while Walmart paid $12 bn!

Amazon paid $0 worth dividends in 2019 while Walmart paid $12 bn!

Wed, Feb 19, 2020

Walmat spent $11.8 billion on dividends in 2019 while Amazon paid nothing to Wall Street investors, despite generating $13 billion more than Walmart in cash.

Jeff Bezos pledges $10 billion to fight climate change

Jeff Bezos pledges $10 billion to fight climate change

Tue, Feb 18, 2020

Jeff Bezos announced a donation of $10 billion to help and protect the earth from climate change by launching an initiative called "Bezos Earth Fund".

Amazon CEO Jeff Bezos buys Warner Estate in Beverly Hills for a record $165 million, WSJ reports

Amazon CEO Jeff Bezos buys Warner Estate in Beverly Hills for a record $165 million, WSJ reports

Thu, Feb 13, 2020

Amazon Chief Executive Jeff Bezos, the world`s wealthiest person, has bought the Warner Estate in Beverly Hills from media mogul David Geffen for $165 million, the Wall Street Journal reported on Wednesday.

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Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Mon, Apr 30, 2018

Flipkart, in which Walmart has proposed to take a major stake, has a lot to learn from Walmart in terms of work culture and operations, while Walmart can take a leaf or two out of Flipkart’s book in innovation.

The richest man in the world just got a lot richer thanks to a record surge in this stock

The richest man in the world just got a lot richer thanks to a record surge in this stock

Fri, Apr 27, 2018

The Q1 results showed the broad strength of the company, which has been expanding far beyond shipping packages, the business that drew the ire of US President Donald Trump.

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

Sat, Apr 21, 2018

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday

Donald Trump escalates attack on Amazon, focusing on tax, shipping

Thu, Mar 29, 2018

U.S. President Donald Trump accused Amazon.com Inc on Thursday of not paying enough tax, taking advantage of the U.S. postal system and putting small retailers out of business, but did not present any evidence to back up his criticisms or suggest any specific actions he planned to take.

Who is Jeff Bezos, the man who founded Amazon and is the richest man in the world

Who is Jeff Bezos, the man who founded Amazon and is the richest man in the world

Wed, Mar 07, 2018

Jeff Bezos surpassed Microsoft co-founder Bill Gates in Forbes rich list. Bezos' fortune rose to $112 billion, allowing him to dethrone Gates, worth $90 billion

Mukesh Ambani with $40bn, richest among 121 billionaires in India: Forbes

Mukesh Ambani with $40bn, richest among 121 billionaires in India: Forbes

Wed, Mar 07, 2018

India has 121 billionaires -- 19 more than last year -- making them the third largest group of the ultra-rich after those from the US and China, according to Forbes, the business magazine that produces an annual list.

India continues to be a good story for us: Amazon

India continues to be a good story for us: Amazon

Fri, Feb 02, 2018

Amazon today said India continues to be a "good story" for the US e-tailing giant, even as its losses from its international operations widened to USD 919 million for the December 2017 quarter.

Billionaires Index: Mukesh Ambani can buy 595 million barrels of crude oil; Jeff Bezos can buy 1.53 billion

Billionaires Index: Mukesh Ambani can buy 595 million barrels of crude oil; Jeff Bezos can buy 1.53 billion

Wed, Jan 10, 2018

The world's billionaires list is out and we tell you who are on it, and what's changed so far.

Warren Buffett proclaims optimism for America's financial future

Warren Buffett proclaims optimism for America's financial future

Thu, Jan 04, 2018

In an essay for the Jan. 15 issue of Time magazine, the chairman of the insurance and investment company Berkshire Hathaway Inc tried to allay concerns that innovation and improved productivity might cost jobs and disrupt lives.

Paytm eyes top spot in e-comm biz in 3-5 yrs; to infuse $2.5 billion

Paytm eyes top spot in e-comm biz in 3-5 yrs; to infuse $2.5 billion

Sun, Dec 03, 2017

Paytm E-commerce Pvt Ltd, which operates an online shopping portal for digital and physical goods, is latest to enter the e-commerce space where rivals Amazon and Flipkart are pouring in billions of dollars to boost market share.

Amazon invests over Rs 2,000 crore in India business

Amazon invests over Rs 2,000 crore in India business

Thu, Jul 06, 2017

Last year, Amazon founder Jeff Bezos had committed investments to the tune of USD 5 billion into the Indian market.

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Mon, Jun 26, 2017

Amazon CEO Jeff Bezos during his recent meet with Indian prime minister Narendra Modi in the US has said that his meeting with Modi was terrific and he was excited to keep investing and growing in India.

Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Sun, May 07, 2017

Berkshire Hathaway co-founder and CEO Warren Buffett while addressing the company's Annual General Meeting on Saturday healthcare, trade, stock buybacks, investment in Apple and IBM, among others.

Jeff Bezos to sell $1 billion Amazon stock a year to fund rocket venture

Jeff Bezos to sell $1 billion Amazon stock a year to fund rocket venture

Thu, Apr 06, 2017

Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer`s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.

Reliance Jio impact: Mukesh Ambani added over Rs 6500 crore to his wealth today; tops billionaire chart for the day

Reliance Jio impact: Mukesh Ambani added over Rs 6500 crore to his wealth today; tops billionaire chart for the day

Mon, Apr 03, 2017

Since Reliance Jio's launch in November last year, till date, shares of the company have risen 43%.

Amazon plans to cut 263 jobs at parenting products subsidiary Quidsi after losses

Amazon plans to cut 263 jobs at parenting products subsidiary Quidsi after losses

Thu, Mar 30, 2017

The US-based e-commerce company Amazon.com has planned to cut 263 jobs at its money-losing parenting products unit Quidsi this summer as part of a business restructuring.

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Tue, Mar 21, 2017

Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.

Washington Post software deal a double win for Jeff Bezos

Washington Post software deal a double win for Jeff Bezos

Wed, Mar 15, 2017

Despite the Bezos connection, the choice of using AWS is not automatic, said the Washington Post.

Amazon seeks government's nod for e-retail of food products in India

Amazon seeks government's nod for e-retail of food products in India

Fri, Feb 03, 2017

The US-based e-commerce company Amazon has sought Goverment of India's nod for online retailing of food products produced and manufactured in India.

Amazon's fourth quarter income spirals four-fold to $487 million

Amazon's fourth quarter income spirals four-fold to $487 million

Fri, Feb 03, 2017

E-commerce major Amazon International reported a significant decline in its fourth quarter ending December 31 operating income at $487 million. The company had reported operating income loss of $108 in the same period last year.

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