Jeff Bezos

Amazon deepens its tech-sector cuts by laying-off another 9,000 employees

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.

Amazon plans to cut 10,000 jobs — report

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.

Jeff Bezos pledges to give away most of his wealth

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.

Indian industrialist Gautam Adani becomes world's third-richest person

With his net worth of $137.4 billion, Adani now ranks just behind Tesla CEO Elon Musk and Amazon founder Jeff Bezos.

Billionaires turn to reap benefits from melting glaciers

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.

Extreme inequality kills one person every four seconds: Oxfam

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.

'This is capitalism': The stark reality of Amazon's supply chain

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.

Jeff Bezos returns to Earth after brief flight to outer space

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.

Virgin Galactic's Richard Branson flies own rocket to space

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.

Jeff Bezos plans to ride his own rocket into space in July

The Amazon billionaire seeks to raise trust in his fledgling space tourism business by making a journey outside Earth in a Blue Origin capsule.

Virgin Galactic's space tourism plan in reach after first manned flight

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.

Blue Origin to launch its first space tourism trip in July

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.