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
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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
Technology billionaires are making a run for the top of the global wealth rankings as surges for Facebook, Amazon.com and Google parent Alphabet added US$5,6bn to their founders’ fortunes this week. Google co-founders
Jeff Bezos just snuck past Warren Buffett to become the third richest person on Earth. The Amazon.com founder’s net worth was US$65,05bn on Thursday (R923bn at the time of writing), topping Buffett by $32m on the Bloomberg Billionaires Index
If Africa’s tech-savvy youth are given their basic needs, it will enable them to change the future, according to Microsoft founder and billionaire philanthropist Bill Gates. Gates was delivering the 14th