The decision follows a near-endless drumbeat of layoff news in the technology sector that has seen some of the world's most valuable corporations sever ties with staggering numbers of employees they once courted in droves.
The report said that the total number of employees laid off could change, but if confirmed, it would be the largest round of firings in the history of the 28-year-old company founded by Jeff Bezos.
Amazon founder Jeff Bezos didn't specify how or to whom he and his girlfriend Lauren Sanchez will give away the money, but said the couple were building the “capacity” to do it.
With his net worth of $137.4 billion, Adani now ranks just behind Tesla CEO Elon Musk and Amazon founder Jeff Bezos.
The melting of arctic ice in Greenland is making digging an easier task, so billionaires plan to unearth metals from there for electric car manufacturing.
World’s ten richest men, including Elon Musk and Jeff Bezos, made $1.3 billion a day during Covid-19 pandemic while 160 million more people fell into poverty.
Images showing Amazon’s warehouse in Tijuana, Mexico surrounded by shacks has gone viral. Some say it tells the story of the capitalist structure of its supply chain.
The wealthiest man on the planet becomes the second billionaire in just over a week to ride his own rocket into space, with the Blue Origin New Shepard rocket reaching an altitude of about 106 kilometres - higher than Richard Branson’s July 11 ride.
In his boldest adventure yet, thrill-seeking British billionaire joins five company employees to reach the edge of space high above the New Mexico desert.
The Amazon billionaire seeks to raise trust in his fledgling space tourism business by making a journey outside Earth in a Blue Origin capsule.
High above the desert in a cloudless sky, the VSS Unity ignited its rocket to hurtle the ship and two pilots toward space. A live feed by NASASpaceFlight.com showed the ship accelerating upward and confirmed a landing later via radar.
The company says the trip will last a total of ten minutes, four of which passengers will spend above the Karman line, that marks the recognised boundary between Earth's atmosphere and space.
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