Amazon.com founder Jeff Bezos is likely to be greeted by an unprecedented show of opposition during his short India visit this week, after thousands of small retailers pledged to protest its pricing practices.
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Expect the night sky to start changing fast. One day soon, the stars we can see from Earth could be outnumbered by a vast swarm of satellites.
In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
This time it’s official. Microsoft co-founder Bill Gates overtook Amazon.com’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.
Amazon.com has given notice that it will file a lawsuit challenging the US defence department’s decision to award Microsoft a cloud computing contract valued at as much as $10-billion over a decade.
Microsoft has won the sought-after Jedi cloud computing contract with the Pentagon, dealing a blow to the market leader, Amazon.com, which had been the front-runner.
Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com shares tumbled in late trading on Thursday.
Amazon.com’s top spokesman, Jay Carney, criticised the administration of President Donald Trump on Wednesday, questioning the patriotism and honesty of the current White House.
The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as US stocks plunged in their biggest drop this year.