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Bezos a $100 billion man as Amazon rises on cyber shopping

Amazon founder Jeff Bezos was a $100-billion man on Monday as the online retail colossus raked in cash from the holiday weekend's cyber shopping spree. Forbes magazine's real-time ranking of the richest people had Bezos on top, with a personal net worth of $100.3 billion. Microsoft co-founder Bill Gates saw his net worth climb to a dizzying $89.4 billion but was relegated to being the second most affluent person on the planet. Bezos owns almost 17 percent of Amazon, which he founded in a Seattle garage in 1994 after quitting a hedge fund job to sell books online. Amazon shares finished the official trading day up just shy of a percent, and inched up a bit more i...Keep on reading: Bezos a $100 billion man as Amazon rises on cyber shopping.....»»

Category: newsSource: inquirer inquirerNov 28th, 2017

Jeff Bezos case: Billionaires not safe from hackers

NEW YORK, United States -- The stunning revelation that a tabloid obtained below-the-belt selfies of Amazon founder Jeff Bezos -- the world's richest man -- suggests that even billionaires are not out of the reach of hackers. Bezos came out fighting this week, accusing the National Enquirer of blackmailing him with lurid pictures of him and his mistress, and pre-empting the threat to publish by releasing details of the images himself. But for Mark Johnson, CEO of Sovereign Intelligence, the incident makes clear that "no one is beyond the reach of cyber exploitation." "It's a curious irony that billionaires demonstrate astounding acumen related to their own industries, and ye...Keep on reading: Jeff Bezos case: Billionaires not safe from hackers.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2019

Black Friday and Cyber Monday are increasingly merging

PROVIDENCE, Rhode Island --- The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday shopping event as more customers buy items online and pick them up at brick-and-mortar stores. Adobe Analytics reported Saturday that more customers are going to stores to get items they bought online. That trend contributed to a record $6.22 billion spent online Friday, up nearly 24 percent from last year. But the fastest-growing online shopping day is Thanksgiving. Online sales totaled $3.7 billion on Thursday, up 28 percent from last year. It's a sign that retailers are merging online business with their physical stores ev...Keep on reading: Black Friday and Cyber Monday are increasingly merging.....»»

Category: newsSource:  inquirerRelated NewsNov 25th, 2018

Amazon s Jeff Bezos unveils $2B philanthropic fund

  WASHINGTON, USA – Amazon founder Jeff Bezos, the richest person on the planet, announced Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion. Bezos made the announcement on Twitter a year after asking for ideas on how ........»»

Category: newsSource:  rapplerRelated NewsSep 14th, 2018

Amazon’s Jeff Bezos becomes world’s richest person – briefly

NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 28th, 2017

Mistress’ bro leaks Bezos intimate texts

WASHINGTON — Private investigators working for Jeff Bezos have concluded that the brother of the Amazon CEO’s mistress leaked the couple’s intimate text messages to the National Enquirer, a person familiar with the matter told The Associated Press on Monday. The person wasn’t authorized to discuss the matter publicly and spoke to AP on condition […].....»»

Category: newsSource:  tribuneRelated NewsFeb 12th, 2019

SM Prime profit hits record P32.2B

Property giant SM Prime Holdings Inc. grew its net profit last year by 17 percent year-on-year to a record high P32.2 billion on a double-digit growth in shopping mall space rental and residential dev.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2019

SM Prime income rises 17% to P32 billion in 2018

SM Prime Holdings Inc. (SM Prime), the Sy-owned property giant, grew its consolidated net income by 17 percent last year to P32.2 billion......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2019

Bezos probe concludes mistress’ brother was Enquirer source

WASHINGTON, United States --- Private investigators working for Jeff Bezos have concluded that the brother of the Amazon CEO's mistress leaked the couple's intimate text messages to the National Enquirer, a person familiar with the matter told The Associated Press on Monday. The person wasn't authorized to discuss the matter publicly and spoke to AP on condition of anonymity. The findings add to the intrigue surrounding the clash between the pro-Trump tabloid and the world's richest man. Bezos' investigators have suggested the Enquirer's coverage of his affair was driven by dirty politics. Trump has been highly critical of Bezos over his ownership of The Washington Post and Ama...Keep on reading: Bezos probe concludes mistress’ brother was Enquirer source.....»»

Category: newsSource:  inquirerRelated NewsFeb 12th, 2019

Jeff Bezos accuses magazine of extortion

Amazon founder and the richest man on Earth, Jeff Bezos, has accused the publication National Enquirer of extortion and blackmail. In his blog post on Medium, Bezos said the chief content officer of Enquirer publisher AMI, Dylan Howard, emailed him threatening to release intimate and personal photos and text messages of Bezos and his alleged […].....»»

Category: newsSource:  tribuneRelated NewsFeb 8th, 2019

Bezos accuses Enquirer of blackmail over intimate photos

WASHINGTON, USA – Amazon CEO Jeff Bezos on Thursday, February 7, accused the publisher of the National Enquirer of blackmail after it threatened to publish intimate photographs sent by the billionaire to his mistress if he did not cease his investigation into how the newspaper got the pictures. It comes ........»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2019

Amazon Profit Jumps While Shares Slip

Amazon on Thursday reported its profit in the past quarter surged on strong holiday retail sales and its soaring cloud computing business. The US tech giant said profit jumped 63 percent from a year ago to $3 billion in the fourth quarter as revenues increased 20 percent to $72.4 billion. The results reflected growth in Amazon's ever-expanding online retail operations as well as its large cloud computing division, known as Amazon Web Services. Shares, however, slid 5.4 percent to $1,625 in after-market trades that followed release of the earnings results. "I'm guessing a lot of people expected really good results, and as soon as they saw them sold and took the profit," said i...Keep on reading: Amazon Profit Jumps While Shares Slip.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2019

Apple opens new chapter amid weakening iPhone demand

SAN FRANCISCO --- Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. Results released Tuesday revealed the magnitude of the iPhone slump --- a 15 percent drop in revenue from the previous year. That decline in Apple's most profitable product caused Apple's total earnings for the October-December quarter to dip slightly to $20 billion. Now, CEO Tim Cook is grappling with his toughest challenge since replacing co-founder Steve Jobs 7 years ago. Even as he tries to boost iPhone sales, Cook also must prove that Apple can still thrive e...Keep on reading: Apple opens new chapter amid weakening iPhone demand.....»»

Category: newsSource:  inquirerRelated NewsJan 31st, 2019

China population rises 15.23 million in 2018, but rate slows

BEIJING --- China's population rose by 15.23 million people in 2018, marking a continued decrease in the growth rate of the world's most populous nation. Numbers released by the National Bureau of Statistics on Monday put the population at 1.395 billion in 2018, marking a growth rate of 3.81 percent over the previous year. The total included 30 million more men than women, considered a long-time outcome of the recently abandoned one-child policy under which boys were favored over girls for cultural reasons. The government estimates China's population will peak at 1.442 billion in 2029 before beginning to decline the year after. India, the world's second most populous nati...Keep on reading: China population rises 15.23 million in 2018, but rate slows.....»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2019

Amazon founder Jeff Bezos and wife divorcing after 25 years

SEATTLE --- Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing, ending a 25-year marriage that played a role in the creation of an e-commerce company that made Bezos one of the world's wealthiest people. The decision to divorce comes after a trial separation, according to a statement posted Wednesday on Jeff Bezos' Twitter account. He and his wife both signed the announcement, which ended with a vow to remain "cherished friends." "If we had known we would separate after 25 years, we would do it all again," the couple said. Left unanswered was one of the biggest sticking points in any divorce: How the assets amassed during the marriage will be divided. And there may ...Keep on reading: Amazon founder Jeff Bezos and wife divorcing after 25 years.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2019

Amazon CEO, wife divorce after 25 years | The Manila Times Online

SEATTLE: Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing, ending a 25-year marriage that played a role in the creation of an e-commerce company that made Bezos oneREAD The post Amazon CEO.....»»

Category: newsSource:  manilanewsRelated NewsJan 11th, 2019

Amazon founder Jeff Bezos and wife divorcing after 25 years

  SEATTLE --- Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing, ending a 25-year marriage that played a role in the creation of an e-commerce company that made Bezos one of the world's wealthiest people. The decision to divorce comes after a trial separation, according to a statement posted Wednesday on Jeff Bezos' Twitter account. He and his wife both signed the announcement, which ended with a vow to remain "cherished friends." "If we had known we would separate after 25 years, we would do it all again," the couple said. Left unanswered was one of the biggest sticking points in any divorce: How the assets amassed during the marriage will be divided. ...Keep on reading: Amazon founder Jeff Bezos and wife divorcing after 25 years.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2019

Amazon CEO Jeff Bezos ‘has been seeing’ former TV anchor Lauren Sanchez -Fox News

AMAZON billionaire Jeff Bezos has been secretly having a relationship with Lauren Sanchez, a former TV anchor and the glamorous wife of […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 10th, 2019

Amazon s Bezos, world s wealthiest man, to divorce

NEW YORK, USA – Amazon founder Jeff Bezos , rated the world's wealthiest person, announced Wednesday, January 9, on Twitter that he and his wife MacKenzie Bezos were divorcing after a long separation. "We want to make people aware of a development in our lives," Jeff Bezos, 54, and MacKenzie ........»»

Category: newsSource:  rapplerRelated NewsJan 10th, 2019

December GIR rises anew

The country’s foreign currency buffer or the gross international reserves (GIR) improved anew in December. Bangko Sentral ng Pilipinas (BSP) officer-in-charge Diwa Guinigundo said the foreign currency reserves stood at $78.46 billion for the month, nearly $3 billion more than the recorded $75.68 billion the previous November. This development also furthers the GIR’s recovery from […].....»»

Category: newsSource:  tribuneRelated NewsJan 8th, 2019

PH external debt rises 5.6% as of end-September

BSP Governor Nestor A. Espenilla Jr. said the country’s outstanding external debt went up by 5.6 percent or $4 billion to $76.4 billion as of end-September this year from $72.4 billion in the same period in 2017 with new borrowings during the quarter period. PH external debt rises 5.6% as of end-September Source link: PH external debt rises 5.6% as of end-September.....»»

Category: newsSource:  manilainformerRelated NewsDec 17th, 2018