Amazon will join the Dow Jones Industrial Index, which brings together 30 of the largest companies in the United States. In this change, Amazon will replace the titles of the Walgreens Boots Alliance pharmacy chain, which had joined Wall Street's most popular select in 2018.
The decision to include…
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Jeff Bezos
Jeff Bezos sold a large portion of Amazon stock
According to a report by the U.S. Securities and Exchange Commission (SEC), Jeff Bezos sold Amazon shares for approximately $2 billion between February 13 and 14. Specifically, the sale consisted of 12 million shares at an average price of…
Amazon founder will donate most of his fortune
Amazon founder Jeff Bezos told CNN on Monday that he is willing to donate much of his fortune to philanthropic causes. The billionaire currently amasses $124 billion.
During the interview, Bezos indicated that he will donate most of his…
Amazon plans to lay off 10,000 employees
US e-commerce giant Amazon is considering job cuts among its corporate and tech workforce of up to 10,000 employees, sources close to the company said.
According to the media, the layoffs will focus on the company's device area, which…
Amazon formalizes the purchase of MGM
The e-commerce giant Amazon confirmed the purchase of the entertainment company MGM, after having passed the necessary regulatory processes to carry out the transaction.
According to the media, the company directed by Jeff Bezos will…
Amazon generated $33 billion in 2021
The e-commerce giant Amazon obtained a net profit of 33,364 million dollars in 2021, which represents an increase of 56.4 % compared to the profits recorded a year earlier, according to the multinational.
Amazon's net sales for the year…
Amazon will accept cryptocurrencies and prepares to launch its own Token by 2022
Amazon, the largest and most well-known trading company in the world, will accept payments with Bitcoin by the end of the year and is also in the process to create its own token in 2022, as revealed by an unidentified source to a British…
Amazon seeks developers for digital currencies project
The Amazon company is in a process of hiring developers, to work on the implementation of payments with cryptocurrencies within its electronic services.
Since last week Tesla reported on the purchase of 1.5 trillion dollars in bitcoin,…
Jeff Bezos resigns as CEO of Amazon
Amazon founder Jeff Bezos will step down as CEO of the company in the third quarter of this year and will move to the role of president of the company.
In a statement, the technology giant explained that the founder of the company will be…