Bezos Sells Further A$3.1bn Amazon Stock This Week
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February 15, 2024
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Multi-billionaire Jeff Bezos has sold another $U2 billion (A$3.1 billion) of his shares in Amazon, the technology giant has confirmed. This brings... Read More
Are Other Retailers Stealing Amazon’s Prime Day Thunder?
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July 14, 2023
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Amazon Prime Day numbers are officially in, and while the mega sale did gross USD $12.7 billion online in the United States... Read More
Amazon Freezes Hiring After Bezos Warns Of Recession
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October 25, 2022
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Amazon has frozen hiring in areas of its web services division, just days after founder Jeff Bezos warned of a looming recession.... Read More
World’s Richest Lose $2.1 Trillion In Historical Wipeout
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July 5, 2022
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While you’re bemoaning the price of $6 lettuces, spare a thought for the 500 richest people, who saw a record A$2.1 trillion... Read More
Amazon Pays Premium For MGM Content Library
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May 4, 2022
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Amazon, who closed a deal to acquire MGM and its catalogue for roughly $8.5 billion USD ($12 billion AUD), have disclosed that... Read More
Amazon’s Satellite Internet Service Hits Warp Speed
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April 6, 2022
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Amazon has sent its plans for a satellite internet service into hyperdrive, securing up to 83 different space launches to ferry satellites... Read More
Amazon To Launch Internet Satellites In 2022
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November 2, 2021
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In the continuing rich-dude space race that nobody asked for, Amazon has now revealed plans to compete with Elon Musk’s Starlink network... Read More
Amazon Slammed One Minute, Looking For Aircraft The Next
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October 14, 2021
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Much like its founder Jeff Bezos, Amazon is either flying towards space or crash landing in court. In the last 24-hour period,... Read More
Watch Jeff Bezos Fly To The Edge Of Space Tonight
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July 20, 2021
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Tonight, Jeff Bezos, and three other passengers, his brother Mark Bezos, 82-year-old aviation pioneer Wally Funk, and 18-year-old Dutch student Oliver Daemen,... Read More
Amazon Stock Jumps To All-Time High As Bezos Steps Down
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July 7, 2021
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Amazon stock jumped to an all-time high as Jeff Bezos handed over the company to new CEO Andy Jassy. The stock peaked... Read More
