Jeff Bezos sells over $2 billion in Amazon stock third time this month

Jeff Bezos sells over  billion in Amazon stock third time this month

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images Amazon founder … Read more

Jeff Bezos: Bezos sells $4 billion of Amazon stock in four trading days

Jeff Bezos: Bezos sells  billion of Amazon stock in four trading days

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more

Jeff Bezos sells more than $2 billion in Amazon stock

Jeff Bezos sells more than  billion in Amazon stock

Jeff Bezos. Emma McIntyre | Getty Images Entertainment | Getty Images Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. The sales began Friday, the filing shows, and continued Monday. In total, Bezos sold 11,997,698 shares in the … Read more

Startup K2 Space raises $50 million to build monster satellites

Startup K2 Space raises  million to build monster satellites

K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market.  Nearly two years since founding, K2 co-founders and … Read more

Jeff Bezos’ move to Miami will save him over $600 million in taxes

Jeff Bezos’ move to Miami will save him over 0 million in taxes

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.  Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state … Read more

Bezos sells $2 billion of Amazon shares in first major stock sale since 2021

Bezos sells  billion of Amazon shares in first major stock sale since 2021

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The sales took place on Wednesday and Thursday and netted just over $2 billion, according to a filing. Amazon disclosed on February 2 that Bezos plans to sell as many as 50 … Read more

Sierra Space’s Awesome New Spaceplane Is Taking The Fight To SpaceX

Sierra Space’s Awesome New Spaceplane Is Taking The Fight To SpaceX

The private race to space basically has two main parties right now, there’s the Elon Musk-backed SpaceX, which regularly ferries supplies and satellites around for Nasa, and the Jeff Bezos-funded Blue Origin, which is the space travel agent of choice for the rich and famous. Now, there’s a third private space flight firm that’s almost … Read more

Bill Gates-backed miner discovers large-scale copper deposit in Zambia

Bill Gates-backed miner discovers large-scale copper deposit in Zambia

A truck makes its way over the Victoria Falls bridge, spanning over the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May 8, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said that it has discovered a … Read more

Microsoft CEO Satya Nadella hits 10-year anniversary

Microsoft CEO Satya Nadella hits 10-year anniversary

Microsoft CEO Satya Nadella speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, Feb. 7, 2023. Jason Redmond | AFP | Getty Images When Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Its market cap was just over $300 … Read more

Neuralink competitor Synchron buys equity stake in manufacturer

Neuralink competitor Synchron buys equity stake in manufacturer

Philip O’Keefe, one of Synchron’s patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. Source: Synchron Neurotech startup Synchron is ramping up production of its flagship brain-computer interface to prepare for commercial demand, as the company inches closer to bringing its device to market.  Synchron … Read more