Global tensions sparked a market selloff on Thursday that drained $42.7bn (about R575bn) from the net worth of the world’s 500 richest people and knocked Amazon.com founder Jeff Bezos from his spot as the world’s second
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A surge in Amazon.com shares on Thursday in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person. Shares of the online retailer
It’s rare for Facebook CEO Mark Zuckerberg to interact publicly with other moguls online. When he does, it’s usually friendly and choreographed, like the time he asked Microsoft founder Bill Gates for help
A surge in after-hours trading for Amazon.com added US$3,3bn to the fortune of Jeff Bezos, putting him less than $5bn away from becoming the world’s richest person. Bezos saw his fortune surpass $80bn for the first time
Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second richest person. Bezos, 53, added US$1,5bn to his fortune as Amazon.com rose US$18,32 on Wednesday, the day after the
Intelligent robots are poised to take over the world. Sounds like a bad 1950s sci-fi movie, right? Perhaps not. If technology keeps accelerating at the current rate, robots and artificial intelligence will either displace
US immigration restrictions introduced over the weekend are bringing the technology industry together in unified anger like never before. While the clampdown isn’t an immediate threat to businesses, emotions
Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft CEO Satya Nadella said in a presentation in Munich on Monday. The computer industry is “worshipping”
On one end of the phone, there was Bill Gates, the Microsoft co-founder, who has pledged a good chunk of his fortune to ending climate change. On the other end of the line, there was President-elect Donald Trump, who has described
Bill Gates and more than a dozen of the world’s wealthiest individuals revealed a new, US$1bn investment fund late on Sunday to foster major advances in clean energy production. Dubbed Breakthrough Energy Ventures, the 20-year fund