tag: Jeff Bezos – Page 3 – Charm

Jeff Bezos Optimistic About Trump’s Second Term, Wants To Help Streamline Rules: ‘We Do Have Too Many Regulations In This Country’

On Wednesday, Amazon.com, Inc. co-founder Jeff Bezos shared his positive outlook on Donald Trump’s upcoming second term, underscoring potential regulatory reductions. What Happened: In an interview at the New York Times DealBook Summit, Bezos expressed his willingness to assist in cutting regulations. “I’m actually very optimistic this time around,” he stated referring to Trump’s enthusiasm…

Costco Founder’s Chat With Bezos Over Coffee Helped Save Amazon

Cs news8 months ago8 months ago04 mins

Amazon.com Inc. stands as a $2 trillion retail giant today, but its survival was in serious jeopardy back in 2001. After the dot-com bubble burst, Amazon’s stock plummeted 90%, leading many critics to predict its demise. However, founder Jeff Bezos reversed the company’s fortunes with help from a surprising source: Costco Wholesale Corp. founder Jim…

Bezos Wraps Up Sale Of $3.4B Worth Of Amazon Shares – Amazon.com (NASDAQ:AMZN)

Cs news8 months ago8 months ago04 mins

Jeff Bezos, the founder of Amazon.com Inc. AMZN, has wrapped up his recent sale of Amazon shares. Last week, Bezos sold off Amazon stock worth $1.3 billion, taking his total sales for November to a whopping $3.4 billion. What Happened: Bezos has offloaded a total of $5.1 billion worth of Amazon stock since July. These sales…

Jeff Bezos’ Ex-Wife MacKenzie Scott Sells More Amazon Shares – Amazon.com (NASDAQ:AMZN)

Cs news8 months ago8 months ago03 mins

MacKenzie Scott, the ex-wife of Amazon.com, Inc. AMZN founder Jeff Bezos, has recently sold 11% of her Amazon shares, valued at over $8 billion. The Details: Scott received approximately 400 million Amazon shares as part of her divorce settlement with Bezos in 2019 and signed The Giving Pledge, a commitment to donate most of her…

Jeff Bezos’ Net Worth Soars To Record $228B, Closing In On Elon Musk’s Top Spot As Amazon Stock Rises After Trump Wins White House – Amazon.com (NASDAQ:AMZN)

Cs news8 months ago8 months ago04 mins

Following Donald Trump’s win in the 2024 U.S. Presidential election, Jeff Bezos‘ net worth has skyrocketed to an unprecedented $228 billion, according to Bloomberg’s Billionaire Index. What Happened: Bezos’ wealth, largely connected to his 926.41 million shares in Amazon.com, Inc. AMZN, has surged considerably since Trump’s election win. Tesla and SpaceX CEO Elon Musk currently holds…

Jeff Bezos-Backed Perplexity's New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy? - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed AI Startup Perplexity Set To Triple Valuation To $9B in Fourth Funding Round — Can It Beat OpenAI And Google? – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Cs news8 months ago8 months ago03 mins

AI startup Perplexity, backed by Amazon.com, Inc. founder Jeff Bezos, is set to triple its valuation in its fourth funding round this year. What Happened: Perplexity is finalizing a funding round that would see its valuation skyrocket to $9 billion, an increase from its valuation of $520 million at the start of the year. The AI-powered search company plans to…

Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here’s How Much He Still Owns – Amazon.com (NASDAQ:AMZN)

Cs news8 months ago8 months ago03 mins

Amazon.com Inc. AMZN executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission. What Happened: Bezos recently divested 1.07 million shares of Amazon stock at $200.07 per share, raking in approximately $213.8 million. As per the SEC filing on Tuesday, this transaction leaves…

Jeff Bezos Ends Washington Post’s 36-Year Tradition Of Endorsements, Leaving Staff ‘Roiled’ – News (NASDAQ:NWS), ImmunityBio (NASDAQ:IBRX)

Cs news9 months ago9 months ago06 mins

The Washington Post, which is owned by billionaire Jeff Bezos, is the latest newspaper to be caught up in controversy over not endorsing a political candidate in the 2024 presidential election. The newspaper announced Friday it will not endorse a candidate in the race. What Happened: The Washington Post, which was purchased by Bezos in…

Jeff Bezos-Backed Perplexity Aims For $8B Valuation In New Funding Round: AI-Fueled Google Challenger Reportedly Seeks $500M For Growth – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Cs news9 months ago9 months ago03 mins

Perplexity, an artificial intelligence startup, is in discussions to raise its valuation to $8 billion or higher in its latest funding round, a significant increase from its previous valuation of $3 billion. What Happened: The San Francisco-based company, which has seen its valuation triple in the past year, is looking to raise approximately $500 million…

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Jeff Bezos-Led Amazon Almost Ran Out Of Cash 24 Years Ago. At $400B, It Is Now Projected To Have As Much Cash As Apple And Microsoft Combined By 2027: Here’s More – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Cs news9 months ago9 months ago04 mins

Jeff Bezos’ Amazon.com Inc. AMZN once nearly ran out of cash 24 years ago, during the dot-com bubble crisis of 2000. It was once reportedly left with just 10 months of cash, with its stock price plunging to $7 from $107. Fast forward to 2024, Amazon is expected to have nearly as much cash on…