Tag Archives: Bezos

On the morning of Tuesday, July 20, former Amazon (AMZN) CEO Jeff Bezos, along with passengers Mark Bezos, Wally Funk, and Oliver Daemen, took to the skies and beyond aboard Blue Origin’s New Shepard suborbital launch vehicle. Bezos’ maiden voyage came just over a week after English business magnate and founder of the Virgin Group (VGII) Sir Richard Branson’s July 11 spaceflight aboard Virgin Galactic’s (SPCE) VSS Unity spacecraft. VAN HORN, TEXAS – JULY 20: The New Shepard Blue Origin… Source link

Virgin Galactic’s SpaceShipTwo rocket plane, VSS Unity, fires up its hybrid rocket motor to head spaceward. (Virgin Galactic via YouTube) Virgin Galactic founder Richard Branson rode his company’s SpaceShipTwo rocket plane into the skies over New Mexico today and did something that no billionaire has done before. In the company of five crewmates, Branson became the first billionaire to take a rocket-powered ride on his own company’s spaceship, rising above the 50-mile mark that the… Source link

Amazon (AMZN) officially has a CEO not named Jeff Bezos as of Monday (it’s Andy Jassy), but a stock price that’s acting like it normally does: moving up and to the right.  Shares of the tech beast have surged 14% to $3,642 in the past month in the lead-up to Jassy assuming the CEO mantle from the soon-to-be astronaut Bezos. As of Tuesday afternoon trading, Amazon’s ticker page was the most trafficked on the Yahoo Finance platform — beating out Didi (stock down 21% after a China crackdown… Source link

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

Jeff Bezos said in a court filing that Michael Sanchez tried to avoid paying a defamation judgment. The filing accused Sanchez of transferring his California residence to a limited liability company. Thursday’s court filing marked the latest development in an ongoing legal battle.  See more stories on Insider’s business page. Amazon CEO Jeff Bezos on Thursday said in a court filing that his girlfriend’s brother tried to avoid reimbursing his legal fees by hiding his ownership of a $2.5 million… Source link

Jeff Bezos is set to launch aboard the New Shepard rocket on July 20. Mandel Ngan/AFP via Getty Images; Blue Origin Petitions to stop Jeff Bezos’ Earth re-entry collected more than 41,000 signatures between them. The one with the most signatures is entitled: “Do not allow Jeff Bezos to return to Earth.” Bezos will fly into space on July 20 for Blue Origin’s first human flight of New Shepard rocket. See more stories on Insider’s business page. More than 41,000 people have signed petitions calling… Source link

Jeff Bezos is set to launch aboard the New Shepard rocket on July 20. Mandel Ngan/AFP via Getty Images; Blue Origin Petitions to stop Jeff Bezos’ Earth re-entry collected more than 41,000 signatures between them. The one with the most signatures is entitled: “Do not allow Jeff Bezos to return to Earth.” Bezos will fly into space on July 20 for Blue Origin’s first human flight of New Shepard rocket. See more stories on Insider’s business page. More than 41,000 people have signed petitions calling… Source link

Jeff and Lauren Sanchez (inset) and the Black Pearl (AFP via Getty Images and OceanCo) Jeff Bezos, the billionaire founder of Amazon, is finally set to join the gilded ranks of the haves and have-yachts. The world’s richest man has been named as the soon-to-be proud owner of one of the most expensive and extravagant superyachts ever built. At 127metres (420ft) the craft – known only by its project name Y721 – will be as long as the Great Pyramid at Giza is tall, and loaded with… Source link

Amazon’s founder Jeff Bezos acknowledged Thursday that his new annual letter to shareholders would be his last as CEO. But that reiteration has done nothing to shake Wall Street’s confidence in the e-commerce behemoth’s future financials, although the leadership change is being very closely watched for potential stumbles.   “Well, I think Bezos probably goes down as the best entrepreneur of this generation in a way like Steve Jobs was and Bills Gates was. We’ll see about the next generation…. Source link

The New York Times Fauci Warns U.S. Could Be Headed for Another Virus Spike States have continued steadily lifting restrictions, despite warnings from top federal health officials like Dr. Anthony Fauci that new coronavirus cases in the United States have plateaued at a very high level after their drastic drop has stalled and that the country urgently needed to contain the spread of more transmissible variants. Arizona, California and South Carolina joined a growing list Friday by loosening… Source link