Browsing: Amazon

World
Jeff Bezos is now a 12-digit billionaire

Jeff Bezos is the world’s newest US$100bn mogul. The Amazon.com founder’s fortune is up $2.4bn to $100.3bn (R1.4 trillion at the time of writing), as the online retailer’s shares jumped more than 2% on optimism for Black

In-depth
Why Apple should buy Netflix

I try not to give billionaires or corporate managers unsolicited advice on what they should do with their money. Warren Buffett and Apple both have done rather well for themselves and their investors without

World
Bezos set to depose Gates as world’s richest person

The fortune of Amazon.com founder Jeff Bezos surged by as much as $6.6bn in extended trading on Thursday after the retailer reported third quarter results that topped Wall Street estimates. If the gains hold through Friday, Bezos probably

World
Banks need to fear Amazon’s finance ambitions

Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by

World
Amazon unveils a waterproof Kindle

Amazon.com on Wednesday introduced a waterproof Kindle e-reader long-awaited by enthusiasts, the latest in a string of consumer devices from the online retail giant this year. The device, an updated version

In-depth
Amazon Prime Video has gone off the rails

Amazon is a company that gets the benefit of the doubt. A lot. No technology company is as ambitious or as feared. Yet no one really knows Amazon’s business strategy, and that’s by design. Most investors are happy for Amazon

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