Amazon

After Robert Sarver's announcement that he is selling the Phoenix Suns and Mercury, an assortment of billionaire former CEOs have emerged as potential buyers. Amazon (NASDAQ: AMZN) founder and former CEO Jeff Bezos could reportedly consider a bid, as might former Disney (NYSE: DIS)...

The U.S. Federal Trade Commission (FTC), led by Chair Lina Khan, has started scrutinizing Amazon.com, Inc's (NASDAQ: AMZN) $1.7 billion deal to buy Roomba vacuum maker iRobot Corporation (NASDAQ: IRBT). In August, Amazon announced its all-cash deal of $61 per share to acquire iRobot....

Amazon.com, Inc (NASDAQ: AMZN) has abandoned many existing and planned facilities around the U.S. due to slow sales growth.  Bloomberg quoted consulting firm MWPVL International Inc. saying that Amazon will not open 42 facilities spread across 25 million square feet of usable space....

An old video of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is going around on social media again. The footage where Musk says that "money has no power in itself" has gone viral on Twitter.  The video clip was from April after Musk announced his intention to buy Twitter. "People get...

Former BlackRock Inc (NYSE: BLK) Managing Director Edward Dowd proclaimed that Bitcoin (CRYPTO: BTC) will stabilize once the recent bear run comes to an end. What Happened: The past few months have seen an extremely bearish downturn in crypto markets. Amidst macroeconomic...

After reportedly freezing any new hiring and leaving vacancies unfilled, Meta Platforms Inc (NASDAQ: META) has decided to cut back on its planned office expansion in New York.  According to a media report, Meta has decided not to take the additional 300,000 square feet of space at 770...

Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos has blasted President Joe Biden over his latest remarks asking gas companies to cut their prices amid rising inflation.  In a recent tweet, Biden urged gas stations to bring down the price and asked them to take immediate action.  My...

According to a new report, a leaked Amazon.com, Inc (NASDAQ: AMZN) internal memo from mid-2021 suggests that the company may face a resource crunch and may run out of people to hire at the company's U.S.-based warehouses by 2024. The memo estimated that Amazon would exhaust its labor...

According to Shibburn, over 500 million Shiba Inu (CRYPTO: SHIB) tokens have been destroyed over the last 48 hours.  The largest burn transaction carried more than half of the total amount of the destroyed SHIB - 295,559,819 coins. In the past 24 hours, there have been a total of 508,825,...

According to WhaleStats, Dogecoin (CRYPTO: DOGE) has emerged among the top 10 digital currencies that the largest BNB whales are buying.  BNB whales hold a $27,439,092 worth of DOGE, which is 1.94 percent of their comprised portfolio.  🏆 Top 10 purchased tokens by 100 biggest #BSC...

Amazon.com, Inc (NASDAQ: AMZN) Executive Chairman Jeff Bezos on Friday attacked President Joe Biden for his recent tweet on inflation and corporate taxation.  On Friday, Biden tweeted about curtailing inflation by taxing large corporations in the U.S. You want to bring down inflation? Let...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward.  The Amazon Analysts...

European Union countries and EU lawmakers have agreed upon a stringent regulation to curtail illegal content on online platforms.  The bloc agreed on the broad terms of the Digital Services Act, or DSA, which will force tech companies to take greater responsibility for content optimization on...

Last month, Apple Inc (NASDAQ: AAPL) CEO Tim Cook wrote an email to his employees asking them to return to their offices beginning April 11.  In the initial phase of the plan, employees will come back to the office one day a week, and from the third week, employees will come in twice...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk was ranked by the Bloomberg Billionaires Index as the richest person in the world, surpassing Amazon.com, Inc (NASDAQ: AMZN)’s Jeff Bezos. Musk is now worth $270.1 billion, and Bezos is at $190.5 billion. But Musk is under no illusion that he holds the...