Jeff Bezos is leaving the rest of the world behind when it comes to wealth accumulation, reaching a record $211-billion net worth on Tuesday after Amazon.com shares rose 4.7%.
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As Richard Branson prepares to join five others on a test flight to the edge of space this Sunday, he said his wife may be nervous about the launch but he himself wasn’t the least bit afraid.
The Pentagon has scrapped a $10-billion cloud computing contract awarded in 2019 to Microsoft after several years of wrangling between the government and some of the biggest US tech companies.
Amazon’s billionaire founder Jeff Bezos will be joined by Wally Funk, one of the 13 women who passed Nasa’s astronaut training programme in the 1960s, on Blue Origin’s first crewed flight into space.
Billionaire entrepreneur Richard Branson will travel to the edge of space on Virgin Galactic’s test flight on 11 July, Branson’s space tourism firm said on Thursday, beating fellow aspiring billionaire astronaut Jeff Bezos.
The biggest challenge for Amazon.com’s next boss, Andy Jassy, may come from the business he knows best: cloud computing services.
Even as Microsoft hovers around a $2-trillion valuation, it may avoid being included in a US antitrust bills aimed at big technology companies.
The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks.
Microsoft took its place in the history books as just the second US public company to reach a $2-trillion market value, buoyed by bets its dominance in cloud computing and enterprise software.
Amazon.com’s planned new Africa headquarters in Cape Town is to draw demonstrations on Wednesday as indigenous people protest its construction on a heritage site.