Forbes’ annual world’s billionaires list includes a record-breaking 2 755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year.
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Many Internet companies posted record performance during the pandemic. But as vaccines roll out and restrictions relax, some of this unprecedented digital demand is fading.
Parler, the conservative social media platform, opened a new front in its legal battle with Amazon.com, accusing the tech giant of bad faith after being banished from its servers.
Naspers and Prosus CEO Bob van Dijk does not expect Amazon.com to enter South Africa’s e-commerce sector “any time soon” given the “really good job” being done by Naspers subsidiary Takealot.com.
Elon Musk’s reign as the the world’s richest person was brief. Tesla shares slid 2.4% on Tuesday, erasing $4.6-billion from its CEO’s fortune and knocking him from the top spot in a billionaires’ ranking.
Freed from his daily obligations at Amazon.com, Jeff Bezos is expected to turn up the heat on his space venture, Blue Origin, as it faces a pivotal year and fierce competition from Elon Musk’s SpaceX.
Amazon.com founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor.
Microsoft’s Azure cloud computing services grew 50%, the second quarter of acceleration in a business where the global pandemic benefited its investment on working and learning from home.
Twitter CEO Jack Dorsey said the decision to ban US President Donald Trump was necessary, but raises questions about the power of social media companies.
The decision by Amazon.com’s cloud unit to pull the plug on social media service Parler highlighted the company’s often-overlooked role powering much of the Internet.