Jeff Bezos, founder of tech giant Amazon, has amassed enormous wealth over the last few decades, with figures relating to his personal fortune astounding people from time to time. What happened: In one such instance from July 2020, Bezos’ wealth swelled to $171 billion, according to a Bloomberg report, which at the time was more…
President-elect Donald Trump has disclosed plans to have dinner with Amazon Inc. AMZN founder Jeff Bezos. What Happened: During a Meet the Press interview with Kristen Welker on Sunday, Trump said that following his Nov. 5 win, he got calls from many people. He also heard from Bezos and added “We’re having dinner,” while expressing…
Microsoft Corp. co-founder Bill Gates has maintained a grim view on cryptocurrencies, including Bitcoin BTC/USD, and some of his remarks over the years have been unsparing, to say the least. What happened: The former Microsoft boss delivered a scathing criticism of cryptocurrencies and non-fungible tokens, or NFTs, back in June 2022. At a climate conference,…
Super Micro Computer Inc. SMCI stock surged nearly 9% in after-market hours trading after the company received an extension from Nasdaq to file its overdue annual and quarterly reports by Feb. 25. What Happened: The AI server manufacturer, known for its advanced liquid cooling technology, has been under scrutiny since August when it delayed its annual…
Amazon.com Inc. AMZN founder Jeff Bezos shared insights into his success his approach to achieving massive success. What Happened: Earlier this week, in an interview at the New York Times DealBook Summit, Bezos was asked about his confidence in building large-scale companies like Amazon and Blue Origin. Bezos is currently the world’s second richest person,…
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…
In the electric vehicle (EV) battle, Tesla Inc. TSLA and BYD Co Ltd BYDDF BYDDY are two titans vying for dominance. Tesla dominates the premium EV space with its technological prowess and global brand appeal, while BYD, a Chinese heavyweight, is reshaping the mid-tier and budget markets with its diversified lineup and affordability. With Tesla…
MicroStrategy Inc. MSTR co-founder Michael Saylor said that Warren Buffett’s Berkshire Hathaway Inc. BRK was destroying billions of dollars in capital by not utilizing the huge hordes of cash at their disposal to invest in Bitcoin BTC/USD. What Happened: During a podcast with Patrick Bet-David, Saylor drew attention to the company’s massive $325 billion cash…
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…
Alphabet, Inc.’s GOOG GOOGL Google has added new generative AI capabilities to its Google Maps, Waze and Google Earth offerings through the company’s Gemini AI model. Here’s a look at the new capabilities available in some of Google’s most commonly used apps. Google Maps: Users can now ask Google Maps for inspiration on where to…