Tag Archives: Jeff Bezos

Amazon founder Jeff Bezos has advised consumers and businesses of postponing large purchases in the coming months as the global economy contends with a downturn and faces a most possible recession.Bezos offered his simplest advice on a uncertain economy in an exclusive sit-down interview with CNN. Bezos also urged people …

Treasury Secretary Janet Yellen said that she did not see signs of a recession in the near term as the US economy rebounded from six months of contraction.Yellen also noted the third quarter GDP data released Thursday underscored the strength of the US economy less than two weeks from the …

Tesla CEO Elon Musk’s fortune jumped $25.6 billion after his company’s shares jumped more than 12% to surpass $1 trillion in market value. According to the Forbes Rich List, Elon Musk’s fortune rose to $255.2 billion from $229.6 billion, or 11% in trading on Monday, October 25. Tesla shares rose …

Jeff Bezos Blue Origin is suing the United States government over issues in NASA’s Human Landing System $2.9-billion contract that the space agency awarded to Elon Musk’s SpaceX. Blue Origin said that there were flaws in the acquisition process in the deal, with the company aiming to work on NASA’s …

Amazon has denied reports that it accepts payments in cryptocurrency and bitcoin. There was news about the company opening jobs on blockchain development, accepting cryptocurrencies as a form of payment. The cryptocurrency rose strongly to the psychologically important level of $40,000, but the company quickly denied this news, dropping Bitcoin …

Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …