Jeff Bezos called by Congress as Amazon faces perjury questions

The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing products. In a letter to Bezos signed by Democratic and Republican members of the panel, the lawmakers referred to … Read more

Jeff Bezos says Amazon could LOSE money this quarter

Amazon on Thursday warned that it could post a loss in the second quarter as it tacked on about $4 billion in costs related to the coronavirus pandemic, sending its shares down 5 percent in after-hours trading. For the quarter ended in March, Amazon’s revenue rose by 26 percent from last year, to $75.45 billion, as the … Read more

Bezos tells shareholders that Amazon is preparing to test all employees

Amazon CEO Jeff Bezos informed shareholders on Thursday that the company is preparing to test all of its employees for the coronavirus amid warehouse worker protest Amazon CEO Jeff Bezos informed shareholders on Thursday that the company is preparing to test all of its employees for the coronavirus amid warehouse workers protesting over health and … Read more

Amazon boss Jeff Bezos adds an astonishing £22bn to his fortune during coronavirus crisis

Amazon boss Jeff Bezos adds an astonishing £22bn to his fortune during coronavirus crisis as demand for online deliveries surges By Daily Mail City & Finance Reporter Published: 22:06 BST, 15 April 2020 | Updated: 22:36 BST, 15 April 2020 Amazon boss Jeff Bezos has added an astonishing £22 billion to his fortune during the … Read more

Jeff Bezos shows his face (behind a mask) to his stressed-out troops after spate of walkouts

Jeff Bezos has thanked staff at an Amazon warehouse and a Whole Foods in Dallas after spate of strikes and sick-outs over working conditions during the pandemic.  The world’s richest man was filmed taking a temperature check and wearing a mask on his surprise visit to the facilities on Wednesday.  He is seen waving to … Read more

Jeff Bezos is the world’s wealthiest person for the 3rd year in a row, despite $36 billion divorce

Amazon founder Jeff Bezos is once again the richest person in the world, despite his divorce last year which cost him a quarter of his stake in the tech giant. Bezos, 56 – who founded the e-commerce company out of his basement in Seattle, Washington in 1994 – is worth $113billion today, only a $18billion … Read more

Jeff Bezos’ Blue Origin is labeled an essential business and can keep working amid the coronavirus

What is the coronavirus?  A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more

Jeff Bezos tells employees things are going to get worse before they get better

Amazon CEO Jeff Bezos has informed his employees in a letter that he believes things are going to take a turn for the worse before they get any better and reveals the company will hire 100,000 people to meet demands amid the coronavirus outbreak.  ‘This isn’t business as usual, and it’s a time for great … Read more

Jeff Bezos and Lauren Sanchez enjoy a date night at a New York restaurant

Jeff Bezos and Lauren Sanchez enjoy a date night at a New York restaurant days after Amazon chief’s net worth fell $11.9b amid coronavirus fears The Amazon founder, 56, and his fiancée left exclusive Carbone restaurant in NY Former news anchor Sanchez flashed her engagement ring as she walked ahead The world’s richest man saw his … Read more

Blue Origin is ‘going to the MOON’: Jeff Bezos unveils giant concept lunar lander

Blue Origin is now in the running to put Americans back on the moon by 2024.  Amazon CEO Jeff Bezos has revealed the ambitious next steps for his aerospace company at a highly-secretive media event in Washington, D.C. on Thursday. During the event, which kicked off at 4 p.m., the billionaire and Blue Origin founder … Read more