Posts filtered by tags: Jeff-bezos[x]


 

Senators Sanders, Markey, and Gildebrand want to tax billionaires for their pandemic profits

From CNBC: Top tech leaders and other billionaires would be forced to hand over billions of dollars in wealth they’ve gained during the coronavirus pandemic under a new bill introduced by Sens. Bernie Sanders, I-Vt., Ed Markey, D-Mass., and Kirsten Gillibrand, D-N.Y. The “Make Billionaires Pay Act” would impose a one-time 60% tax on wealth gains made by billionaires between March 18, 2020, and Jan. 1, 2021. The funds would be used to pay for out-of-pocket health-care expenses for all Americans f...
Tags: Post, Elon Musk, News, Billionaires, Jeff Bezos, Kirsten Gillibrand, Cnbc, Bernie Sanders, Bezos, Sen Sanders, Ed Markey, Sens Bernie Sanders, Someone Think Of The Billionaires, Lauren Feiner, Every Billionaire Is A Policy Failure, Pandemic Profiteers


Weekend reading: Direct indexing seems inevitable

What caught my eye this week. P assive investing is a solved problem. Invest regularly into index funds or their ETF equivalents, allow your money to compound for 30 years, and then enjoy the fruits of the market’s return by spending down your portfolio in your later years. Sorted. Next! Well maybe. It’s been hundreds of years since much of anything stayed the same for long. So it seems likely to me our kids and grandkids (maybe future Monevator readers?) will be doing it their own savvy way. ...
Tags: Google, UK, London, China, Marketing, US, Bank Of England, Atlantic, Italy, Fca, Birmingham, Jeff Bezos, Republican, Shell, ESG, Cnbc


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning. Trump issued two executive orders aimed at Chinese-owned apps, barring US companies from doing business with TikTok parent company ByteDance and messaging app WeChat. The order, which is set to go into effect in 45 days, claims TikTok "continues to threaten the national security, foreign policy, and economy of the United States." Mark Zuckerberg tells Facebook employees...
Tags: Apple, Google, Facebook, Mark Zuckerberg, UK, Microsoft, China, US, Trends, Bloomberg, United States, Ireland, Bill Gates, Jeff Bezos, Alexa, Pixel


Facebook boss Mark Zuckerberg joins centibillionaire club

The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for first timeMark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app TikTok.Facebook announced the US rollout of Instagram Reels, its answer to the Chinese app TikTok, as the US president, Donald Trump, issued bans on American companies transacting with ...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Business, Microsoft, US, US news, Bill Gates, Tencent, Jeff Bezos, Donald Trump, Alphabet, Zuckerberg, Bytedance, The super-rich


Facebook CEO Mark Zuckerberg's net worth just ballooned above $100 billion for the first time ever

Facebook CEO Mark Zuckerberg's net worth just passed the $100 billion mark. Zuckerberg, Amazon CEO Jeff Bezos, and Microsoft cofounder Bill Gates are now the only three people in the world to be worth at least $100 billion, per Bloomberg. The executive's ballooned fortune comes as Facebook unveils its Instagram Reels, a TikTok-like feature in the app, and as Facebook has experienced a booming stock price during the pandemic. Visit Business Insider's homepage for more stories. Facebook CEO Mar...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Congress, Trends, Bloomberg, Bill Gates, Jeff Bezos, Donald Trump, Zuckerberg, Amazon Apple, Zuckerberg Amazon


False Names and Fake Addresses: Inside Amazon’s Seller Lawsuits

At the high-profile Big Tech congressional hearing last week, Amazon CEO Jeff Bezos called counterfeits a "scourge" that harm customers and "honest third-party sellers" on the platform. His testimony came as Amazon puts more muscle behind efforts to grapple with this scourge and hold not-so-honest third-party sellers accountable, including an enhanced seller vetting program and...
Tags: Amazon, Advertising, Jeff Bezos, Inside Amazon, Big Tech


Amazon picked a fight with Bernie Sanders after he slammed Jeff Bezos for getting richer while not providing warehouse workers with sick leave and PPE

Sen. Bernie Sanders criticized Amazon for not giving its workers sick leave or hazard pay, and founder Jeff Bezos' enormous wealth, in a Twitter thread on Wednesday.  Amazon's corporate account responded to the tweet, defending how the company has protected employees during the pandemic.  "We encourage you to compare our pay, benefits and safety measures to others, and you'll see that we're a leader," Amazon tweeted. However, Amazon warehouse employees have for months complained of insufficien...
Tags: Amazon, London, Minnesota, US, Trends, Jeff Bezos, Bernie Sanders, Sanders, Sen Bernie Sanders, Twitter Amazon, Institute for Policy Studies, However Amazon, New Jersey The National Labor Relations Board


Bezos just took his first post-COVID (stock) dump — and it’s worth $3.1B

Amazon‘s Jeff Bezos unloaded $3.1 billion worth of company stock earlier this week, representing a little less than 2% of his personal stake in the ecommerce giant. Bezos‘ August dumps, which were all made as part of a pre-determined trading plan lodged with the SEC, brings the total value of the billionaire chief exec’s $AMZN sales to a jaw-clenching $7.2 billion. In total, Bezos sold 1 million shares, and while the price varied, he generally got around $3,130 per share. While company execs get...
Tags: Amazon, Startups, SEC, Jeff Bezos, Bezos, AMZN, Hard Fork


Elon Musk tweeted that the Egyptian pyramids were built by aliens. Here are 39 of the most outrageous things he's said over the years. (TSLA)

Elon Musk is one of the most outspoken leaders in tech.  The CEO of Tesla and SpaceX has inspired intense devotion and attracted controversy as a result of his public statements. But he's also landed himself in hot water, like when he called a British cave diver a "pedo guy" or said he had the funding secured to take Tesla private at $420 per share.  Musk hasn't shied away from sharing his more off-the-wall ideas, like the concept that humans are living in a simulation or the theory that we sh...
Tags: Twitter, Spacex, Elon Musk, Mac, Stephen Colbert, California, Youtube, Cbs News, La, America, Los Angeles, Trends, Tesla, Bbc, Thailand, Egypt


12 books on leadership and success billionaire Jeff Bezos thinks everyone should read

With a net worth of $185 billion, Amazon CEO Jeff Bezos is the richest person in modern history.  Bezos often credited his ideas and success to the lessons he learned in books.  Brad Stone, a New York Times best-selling author, published "The Everything Store" in 2013 and told the story of Bezos and Amazon. In the book, Stone disclosed the top books that Bezos counted on for career advice.  The list includes "The Remains of the Day" by Kazuo Ishiguro, a Nobel Prize-winning novel about a butler...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, England, Congress, America, Trends, Walmart, New York Times, Toyota, Jeff Bezos, General Electric, Kazuo Ishiguro, Collins


Trending: Some questions (and answers) about the Microsoft-TikTok deal

Hello and welcome to Trending, Business Insider's weekly look at the world of tech. I'm Matt Weinberger, deputy tech editor out of our San Francisco bureau, filling in for Alexei Oreskovic while he's on vacation. If you want to get Trending in your inbox every Wednesday, just click here. The clock goes tick-tock for TikTok Hello, and welcome to Trending, the Business Insider tech newsletter. As you may have already noticed, I'm not Alexei Oreskovic, your usual host — I'm Matt Weinberger, dep...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Mac, Congress, Steve Jobs, White House, China, Satya Nadella, US, San Francisco, Trends, United States


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Sign up here to get this email in your inbox every morning. The CEO of TikTok's parent firm, ByteDance, has told employees that President Trump's "real objective" for TikTok is to ban it, not force a sale to Microsoft. Trump said on Monday that he has given Microsoft a deadline of September 15 to buy TikTok's US business and that a substantial cut of any deal should go to the US Treasury. The EU announced it is launching a fu...
Tags: Apple, Google, Amazon, UK, Microsoft, Senate, US, Trends, Eu, Washington Dc, Jeff Bezos, Alexa, Phil Schiller, Trump, T Mobile, Schiller


How Jeff Bezos reinvented himself : A Thread

Jeff Bezos is known for tough decisions he has made all through his life. This thread by Dan who worked closely with Jeff Bezos brings some great insights into the thought process of Jeff. 1/ Learn and adapt. Amazon’s second largest business was decimated when Apple digitized the music industry. CD sales had been important to Amazon, but they were dwarfed by book sales. Jeff took the lessons from iPod/iTunes and applied them to Kindle. 2/ Ignore the “institutional no”. Amazon’s core r...
Tags: Apple, Amazon, Business, Tech, Sony, Aws, Jeff Bezos, Steve, Dan, Jeff, Steve Kessel


Become a Socialist With This CEO Pay Calculator

You’ve probably heard, anecdotally, that Jeff Bezos earns your salary in some absurdly short amount of time—but do you know exactly how short? Well, now there’s a tech CEO salary calculator from SimpleTexting that can give you the infuriatingly precise answer. You can also use it to figure out how quickly Elon Musk…Read more...
Tags: Capitalism, Salary, Jeff Bezos, Lifehacks


How internal innovators win the game

Kaihan Krippendorf‘s latest book, Driving Innovation from Within, takes you smoothly in the intrapreneurs’ journey: his book guides internal innovators to innovation success through meaningful innovators’ stories, research, and wise and shrewd guidelines. It’s a long time since I did not read such a piece of work, steeped in intelligence: I couldn’t resist to extend the pleasure by asking Kaihan a few questions. Kaihan is a strategy, innovation, & transformation keynote speaker, author of 5 b...
Tags: Amazon, Startups, Microsoft, Navy, Entrepreneurship, Tom Hanks, Innovation, Sony, Partners, Macmillan, Jeff Bezos, Sony Playstation, Lao Tzu, Intrapreneurship, Ash Maurya, Corporate Intrapraneuring


Amazon’s 16% bite of Deliveroo finally clears UK competition probe

It’s official: Days after Amazon CEO Jeff Bezos was peppered with awkward questions by US lawmakers concerned about the market power of his ecommerce empire, the UK’s competition regulator has confirmed it’s happy for the tech giant to take a 16% bite out of local on-demand food delivery app, Deliveroo. The CMA had been investigating the planned stake for some 15 months, completing phase one of its scrutiny in December. At the time it decided it had enough concerns to move to a phase 2 pro...
Tags: Amazon, Food, Ecommerce, Apps, Europe, UK, London, US, Tech, Competition, Jeff Bezos, Mcintosh, Group, Cma, Deliveroo, Bezos


Prosecutors Are Investigating Amazon's Treatment of Third-Party Sellers

According to Bloomberg, attorneys general from New York and California are partnering with the FTC to investigate Amazon's online marketplace, in what may be the beginnings of a formal antitrust enforcement action. From a report: The agencies are going to interview witnesses jointly on conference calls over the next few weeks. The news comes after intense questioning over Amazon's Marketplace practices during [last week's landmark Big Tech antitrust hearing]. Rep. Lucy McBath (D-GA) asked CEO Je...
Tags: Amazon, New York, California, Tech, Bloomberg, Jeff Bezos, Wall Street Journal, Ftc, Bezos, Lucy McBath D GA


The UK cleared Amazon's deal to buy a 16% stake in online food platform Deliveroo, days after Jeff Bezos was grilled by US lawmakers

The UK's competition regulator has cleared Amazon's purchase of a 16% stake in UK food delivery unicorn startup Deliveroo, after more than a year of probing the deal. The probe was upended and delayed by the COVID-19 pandemic, but the deal was provisionally cleared in June after Deliveroo said it might go out of business without the investment. Deliveroo more recently said its finances and underlying business had improved, and said Tuesday it was delighted by the news. The deal has been cleare...
Tags: Amazon, UK, US, Trends, Jeff Bezos, Cma, Deliveroo, Competition and Markets Authority CMA, Stuart McIntosh, CMA Amazon


Hundreds of billionaires pledged to give their fortunes away through Warren Buffett and Bill Gates' Giving Pledge, but very little money may be actually helping people, according to a new study

Over 75% of the original signatories to Bill Gates and Warren Buffett's Giving Pledge — a promise to give away the majority of their wealth — are richer now than they were when they signed in 2010, a new report by the progressive think tank Institute for Policy Studies (IPS) found. The report suggests that many signatories are making money faster than they are giving it away. The net worths of nine of the original signatories, including Facebook's Mark Zuckerberg, Home Depot cofounder Ken Lang...
Tags: Trends, Bill Gates, Warren Buffett, Salesforce, Jeff Bezos, IPS, Marc Benioff, Mackenzie Scott, Ken Langone, Institute for Policy Studies IPS, Facebook s Mark Zuckerberg Home Depot


Amazon is reportedly facing a new antitrust investigation into its online marketplace led by the FTC and attorneys general in New York and California (AMZN)

The Federal Trade Commission and attorneys general from New York and California have opened a new antitrust investigation into Amazon's online marketplace, Bloomberg reported Monday. The agencies will coordinate on the probe and plan to interview witnesses starting in the next few weeks, according to the report. Amazon has come under increasing scrutiny over potential anti-competitive behavior in recent months following reports that it secretly used its data on third-party sellers to launch co...
Tags: Amazon, New York, California, Trends, Bloomberg, Jeff Bezos, Federal Trade Commission, Ftc, AMZN


Mark Zuckerberg and Jeff Bezos got $14 billion richer in a single day as Facebook and Amazon shrugged off the coronavirus recession (AMZN, FB)

Amazon, Apple, and Facebook all reported blowout earnings on Thursday.  The companies' stock prices all soared following the reports, helping executives continue their winning streak.  But as a whole, the US economy is reeling from record job losses and shrinking GDP figures.  Visit Business Insider's homepage for more stories. You'd never know there's a recession gripping the US economy by the looks of mega-cap tech stocks. On Friday alone, some of the wealthiest executives added billions to...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Cook, US, Trends, Bloomberg, House Of Representatives, Tim Cook, Silicon Valley, The New York Times, Jeff Bezos, Donald Trump, Amazon Apple, Facebook Amazon


Amazon targeted sellers, investees, AWS clients with anti-competitive practices: 9 key takeaways from Bezos’s deposition before the antitrust subcommittee

On questioning by Representative Joe Neguse (D-CO), who is also the vice-chair of the subcommittee on antritrust, Amazon founder and CEO Jeff Bezos conceded that Amazon accounts for 40% of “online retail sales in the e-commerce market stream”. In his prepared testimony, Bezos had said, “Amazon accounts for less than 1% of the $25 trillion global retail market and less than 4% of retail in the US”, characterising retail as everything — including restaurants, bars, gas stations, Neguse pointed out...
Tags: Travel, Google, Amazon, News, Congress, China, India, US, Competition, Netflix, House, New York Times, Antitrust, Aws, Jeff Bezos, Johnson


We now know exactly what Jeff Bezos and Mark Zuckerberg think about before they acquire a startup

Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Sunday.  Hello! It's been a dizzying week for Big Tech, with Jeff Bezos et al appearing in front of Congress, then earnings, before the week wrapped up with an unexpected twist involving Tik Tok, President Trump, and Microsoft.  For smart commentary on the Congressional hearing on tech antitrust, I'd re...
Tags: Google, Amazon, Mark Zuckerberg, Microsoft, Congress, Youtube, Washington, China, US, Trends, Walmart, Tim Cook, Evan Spiegel, Jeff Bezos, Donald Trump, Young


Tech at Work: Amazon caravan protest, Genderify’s algorithmic bias and using ‘BIPOC’

Welcome back to Tech at Work, where we look at labor, diversity and inclusion. Given the amount of activity in this space, we’re going to ramp this up from bi-weekly to weekly. This week, we’re looking at the latest action from a group of Amazon warehouse workers in the San Francisco Bay Area, how to avoid Genderify’s massive algorithmic bias fail and the rise of the use of BIPOC, which stands for Black, Indigenous and people of color, and how to properly use the term. Stay woke Amazon w...
Tags: Amazon, Work, TC, Tech, Diversity, Artificial Intelligence, Williams, Jeff Bezos, Richmond, San Francisco Bay Area, San Leandro, Adrienne Williams, However Amazon, Techcrunch Include, Algorithmic Bias, TechCrunch Amazon


Big Tech's CEOs testified in a historic antitrust hearing last week. Now what happens?

Wednesday's highly-anticipated antitrust hearing featuring Amazon CEO Jeff Bezos, Google and Alphabet CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Apple CEO Tim Cook has officially come and gone. Now, Congress will consider the testimonies delivered during the hearing as well as other meetings and hearings made in the last year as part of its investigation into online competition. Lawmakers will also take into account hundreds of thousands of internal company emails, memos, and other d...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Congress, US, Trends, House, Tim Cook, Jeff Bezos, Republican, App Store, Donald Trump, Sundar Pichai, Jim Jordan


MacKenzie Scott, the ex-wife of Jeff Bezos, donated $1.7 billion on Wednesday. By Friday, she'd made it all back — and then some.

MacKenzie Scott (formerly MacKenzie Bezos) announced Wednesday that she had donated $1.7 billion to 116 different organizations tackling a variety of social issues. By Friday afternoon, the value of her stake in Amazon had grown so much that she is is now richer than she was before the gift, according to CNBC's Robert Frank. Scott, an author by trade, became a billionaire following her 2019 divorce from Amazon CEO Jeff Bezos. Scott received 25% of Bezos' stake in the e-commerce giant, minus vo...
Tags: Amazon, Trends, Bloomberg, Jeff Bezos, Cnbc, Scott, Bezos, Mackenzie Scott, Panda Express, Congress Here, MacKenzie Bezos, Robert Frank Scott, Jeff Bezos Scott


Lone Florida Teen Charged in the Single Worst Hack in Twitter's History

Earlier this month a number of Twitter accounts belonging to prominent, highly-followed individuals like Elon Musk, Joe Biden, Barack Obama, Bill Gates, and Jeff Bezos were compromised, seemingly to defraud strangers out of bitcoin. Unfettered access to potentially sensitive information contained therein generated…Read more...
Tags: Science, Bitcoin, Jeff Bezos, Twitter Hack, Graham Clark, Florida Boy, Elon Musk Joe Biden Barack Obama Bill Gates


Three Charged in the Single Worst Hack in Twitter's History [Updated]

Earlier this month a number of Twitter accounts belonging to prominent, highly-followed individuals like Elon Musk, Joe Biden, Barack Obama, Bill Gates, and Jeff Bezos were compromised, seemingly to defraud strangers out of bitcoin. Unfettered access to potentially sensitive information contained therein generated…Read more...
Tags: Science, Bitcoin, Jeff Bezos, Twitter Hack, Graham Clark, Florida Boy, Elon Musk Joe Biden Barack Obama Bill Gates


Secret documents from US antitrust probe reveal big tech’s plot to control or crush the competition

Nearly 500 pages of evidence were made public during the House Judiciary’s marathon hearing this week on potential anti-competitive actions by Amazon, Facebook, Google and Apple . We’ve collected them here with added context and an omnibus, searchable version for anyone who’d rather not juggle four dozen documents. The emails, chat logs and other communications listed here trickled out online as the hearings went on. Many are internal documents that were never meant to be exposed publicl...
Tags: Apple, Google, Amazon, TC, Facebook, Mark Zuckerberg, Instagram, Congress, Youtube, Government, China, US, Tech, Policy, Jeff Bezos, App Store


Three People Charged in Twitter Bitcoin Hack [Updated]

A Florida teenager, who is accused of being the "mastermind" behind the July hacking of social media site Twitter, has been arrested, according to Tampa's WFLA Channel 8 News site. 17-year-old Graham Clark is facing 30 felony charges for "scamming people across America" with the Twitter hack. He's been accused of organized fraud, 17 counts of communication fraud, one count of fraudulent use of personal information with over $100,000 or 30 or more victims, 10 counts of fraudulent use of person...
Tags: Apple, Twitter, Elon Musk, Florida, Featured, Microsoft, America, Barack Obama, Tesla, Joe Biden, United Kingdom, Warren, Jeff Bezos, Doj, Tampa, Anderson