“It seems surreal to me,” said Elon Musk, proprietor of SpaceX, and for once he was understating things. On Tuesday, his company blasted a 70 metre rocket into orbit, returned its two side boosters to Earth
Browsing: Jeff Bezos
For more than two decades, Jeff Bezos has famously sacrificed profit for growth, persuading Wall Street that Amazon.com was best served pouring money into the logistical nuts and bolts that have turned his company into the
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
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
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
Without question, this has been a peak year for Amazon.com paranoia. The company seems to be everywhere, eager to crush…
Moody’s Investor’s Service released a very interesting report on Amazon.com this week. It was distinctly different from the usual Wall Street research, which tends to be glowing about anything related to the company’s
Think billionaires and outer space and three names quickly come to mind: Elon Musk, Jeff Bezos and Richard Branson. It turns out, though, that they have plenty of company. There are 13 others among the world’s 500
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
Amazon.com has reminded investors that luring shoppers away from stores and dominating the cloud computing industry isn’t cheap. The company on Thursday forecast a potential quarterly loss for the first time in