Tag Archives: behemoth

On July 5, Jeff Bezos will officially step down as CEO of the company he founded in 1994. Amazon (AMZN) will continue to exist, of course: It’s one of the most highly valued publicly traded companies in the world with a market capitalization of $1.7 trillion. But Bezos’ decision to leave the post, nevertheless, marks a new era for the e-commerce giant. The richest person on Earth, Bezos kick started the e-commerce revolution, forcing rivals like Walmart (WMT) to jump into the arena or be… Source link

(Bloomberg) — General Electric Co. is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings NV, said people familiar with the matter, in a potential deal that would join the world’s two biggest aircraft financiers in a market roiled by the coronavirus pandemic. A transaction may be announced as soon as Monday, said one of the people, who both asked not to be named discussing the matter. The deal is expected to have a value of more than $30 billion, said… Source link

It’s hard to imagine the internet today without Google. From search to YouTube to Android to Google Maps, billions of us rely on its products every single day. Google is reliable, simple, and most of its products don’t cost money to use. We use it without even thinking about it when we open our web browser or pick up our phone. The Silicon Valley giant is so powerful that the US government is accusing it of being a monopoly. Politicians as well as the public have begun questioning if… Source link