Jeff Bezos - updates

Rappler's latest stories on Jeff Bezos

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Google, Amazon suffer market setbacks on sales outlook

Oct 27, 2018 - 12:23 AM

Amazon and Google suffer slides in their share prices after releasing their quarterly earnings, declines that fuelled pessimism in Asian and European stock markets on October 26

Amazon bumps U.S. minimum wage to $15 amid scarce labor

Oct 03, 2018 - 5:59 AM

The pay raise will apply to 250,000 employees starting November 1 and to the more than 100,000 seasonal workers the company expects to hire for the holiday shopping season

(FILES) This file photo taken on June 17, 2014 shows Amazon founder and CEO Jeff Bezos presenting the company's first smartphone, the Fire Phone, in Seattle, Washington. Amazon founder Jeff Bezos became the world's richest person on July 27, 2017, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Gates. / AFP PHOTO / GETTY IMAGES NORTH AMERICA / David Ryder

Jeff Bezos space project lands big rocket partnership

Sep 28, 2018 - 11:29 AM

Bezos' space project Blue Origin partners with the Lockheed Martin and Boeing joint venture United Launch Alliance

NEW SHEPARD BOOSTER. Virgin Galactic, founded by British billionaire Richard Branson, and Blue Origin, by Amazon creator Jeff Bezos, say they are just months away from their first out-of-this-world passenger flights – though neither has set a firm date. AFP Photo/Blue Origin


Bezos unfazed by antitrust concerns on Amazon

Sep 14, 2018 - 5:55 PM

'All big institutions of any kind are going to be and should be examined, scrutinized and inspected,' the Amazon CEO says

AMAZON. An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington. File photo by David Ryder/Getty Images/AFP


Amazon's Jeff Bezos unveils $2B philanthropic fund

Sep 14, 2018 - 5:47 PM

Bezos makes the announcement on Twitter a year after asking for ideas on how he could use his personal fortune for charitable efforts

BEZOS. While huge, the philantrophic fund set up by Amazon CEO Jeff Bezos is still small compared to Bill Gates'. File photo by David Ryder/AFP


First space tourist flights could come in 2019

Jul 16, 2018 - 2:10 PM

Got $250,000? Virgin Atlantic, one of the companies paving the way for space tourism, can take you to space for that price

SPACE JET. This May 29, 2018 handout photograph obtained courtesy of Virgin Galactic shows the Virgin Spaceship (VSS) Unity.  The two companies leading the pack in the pursuit of space tourism say they are just months away from their first out-of-this-world passenger flights – though neither has set a firm date. Virgin Galactic, founded by British billionaire Richard Branson, and Blue Origin, by Amazon creator Jeff Bezos, are racing to be the first to finish their tests – with both companies using radically different technology. AFP Photo/Virgin Galactic


Trump assails Amazon on taxes, retail competition

Mar 29, 2018 - 9:22 PM

Amazon founder Jeff Bezos is also the owner of the Washington Post, a frequent target of Trump over its news coverage

AT ODDS. US President Donald Trump has long been at odds with Amazon founder Jeff Bezos, who is also the owner of the Washington Post.

Duterte on ICC, 2018 Forbes’ Richest List, Cayetano on West PH Sea | Midday wRap

Mar 07, 2018 - 1:15 PM

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Henry Sy still leads Filipinos on Forbes' 2018 billionaires list

Mar 07, 2018 - 9:55 AM

The number of Filipinos on the list drops from 14 last year to 12 this year, but their combined net worth increases from $45.8 billion to $55.2 billion

Amazon opens plant-filled 'The Spheres' buildings

Jan 30, 2018 - 3:13 PM

Amazon's new workplace is billed as 'more like a tropical rainforest in the clouds than an office'

SPHERES. People walk past the Amazon Spheres, in Seattle, Washington on January 29, 2018, during the grand opening of the company's new office space. Amazon opened its new Seattle office space which looks more like a rainforest. The company created the Spheres Complex to help spark employee creativity. Photo by Jason Redmon/AFP


Amazon to launch 'Lord of the Rings' TV show

Nov 07, 2017 - 10:08 PM

(UPDATED) The internet streaming site confirms that it will be developing a TV adaptation based on the Tolkien classic

THE HOBBIT. Martin Freeman stars in 'The Hobbit,' another film adaptation from the Tolkien classic. Screengrab from YouTube/WarnerBrosPictures

Gorio, Morales, Calida | Evening wRap

Jul 28, 2017 - 10:11 PM

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Gorio, Air Force planes, Bezos | Midday wRap

Jul 28, 2017 - 1:41 PM

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Bezos drops back to 2nd, after being world's richest for a few hours

Jul 28, 2017 - 9:34 AM

The net worth of Amazon founder Jeff Bezos falls back to 88 7 billion just hours after hitting 90 5 billion due to a temporary rise in Amazon stock

Jeff Bezos photo by David Ryder/AFP. Bill Gates from AFP


Amazon sales surge to $38-B, but spending bites into profit

Jul 28, 2017 - 8:04 AM

Net sales increase by 25 compared to the same period last year but profits drop 77 to 197 million

TEMPORARY CHAMP. Amazon founder Jeff Bezos briefly became the world's richest person on July 27, 2017, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The shares weakened by the end of the day, relegating Bezos back to 2nd place. Photo by David Ryder/AFP

Amazon's Jeff Bezos becomes world's richest person

Jul 27, 2017 - 11:52 PM

Forbes magazine says its real time tracking of personal fortunes showed Bezos with a net worth of 90 5 billion ahead of the 90 billion for Gates

#ThewRap: Things you need to know, May 25, 2017

May 25, 2017 - 11:43 AM

Hello Here are the stories you shouldn t miss this Thursday

Amazon's Bezos gives $1 million to press freedom watchdog

May 24, 2017 - 11:03 PM

The gift from Bezos who also owns the Washington Post newspaper is announced at the organization s awards dinner on Tuesday May 23

DONATION. (R-L) CEO of Amazon Jeff Bezos and writer MacKenzie Bezos attend the Amazon Studios Oscar Celebration at Delilah on February 26, 2017 in West Hollywood, California. Photo by Jerod Harris/Getty Images/AFP

Duterte & Kim, World’s richest, Trump | Midday wRap

Jan 16, 2017 - 2:36 PM

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#ThewRap: Things you need to know, January 16, 2017

Jan 16, 2017 - 12:00 PM

Hello Here are the top stories you shouldn t miss this Monday

BATTLE VS FAKE NEWS. Facebook founder Mark Zuckerberg speaks at the so-called 'Facebook Innovation Hub' in Berlin, Germany on February 25, 2016. File photo by Kay Nietfeld/AFP

Trump sits down with tech execs, including critics

Dec 15, 2016 - 7:33 AM

UPDATED The afternoon summit at Trump Tower in New York gathered some of the wealthiest and brightest brains in the tech industry around the same table as the incoming billionaire Republican president

Tech CEO's meets with President-elect Donald Trump at Trump Tower December 14, 2016 in New York. Timothy A. Clary/AFP

Successful escape, landing for Blue Origin's rocket

Oct 06, 2016 - 1:44 PM

Blue Origin the aerospace company headed by Amazon com chief Jeff Bezos runs a successful test of an emergency escape function aimed at saving space travelers lives in case of catastrophe

Image courtesy Blue Origin

Duterte on Mary Jane, Liberal Party, Instagram | 6PM wRap

Sep 13, 2016 - 8:21 PM

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Amazon's chief Jeff Bezos unveils new rocket design

Sep 13, 2016 - 3:27 PM

Amazon founder Jeff Bezos unveils plans for a massive rocket called New Glenn designed to launch people to space and propel satellites into orbit

The New Glenn rockets compared to current and past rockets. Image courtesy Blue Origin

Amazon's Jeff Bezos bets on India with $3B investment

Jun 08, 2016 - 8:25 PM

The investment announced on June 7 comes on top of 2 billion Amazon invested in India in 2014 and will boost Prime Minister Narendra Modi s campaign to attract foreign cash to create much needed jobs

A BIG INVESTMENT. Jeff Bezos, Founder and Chief Executive Officer of Amazon.com, waves for a photograph in Bangalore, India, September 28, 2014. Jagadeesh NV/EPA

Tech industry titans urge US to better fund computer science ed

Apr 27, 2016 - 3:40 PM

Access to computer science in school is an economic imperative for our nation to remain competitive says a petition aimed at the US Congress

Bezos space firm duplicates reusable rocket breakthrough

Jan 24, 2016 - 12:01 AM

Blue Origin says the same New Shepard booster – which blasted off and landed in November – had repeated the feat hitting an altitude of 333 000 feet before gently returning to Earth

REUSABLE ROCKET. This image obtained on November 24, 2015, from Blue Origin, shows the world's first reusable rocket after a successful landing at a site in West Texas. The rocket ship achieved a breakthrough on November 24 by traveling 329,839 feet (100.5 km) into outer space and then landing upright upon its return to earth. AFP photo/Handout/Blue Origin

Amazon shares surge after surprise profit report

Jul 24, 2015 - 11:00 AM

Amazon shares vault 17 in after hours trade to 568 Analysts had been expecting a net loss for the Seattle based firm

AMAZON. A picture made available on 28 October 2014 shows the Amazon e-trader's new logistics center in Sady, near Poznan, west Poland, October 24, 2014. File Photo by Jakub Kaczmarczyk/EPA

[Executive Edge] 10 business leaders to watch out for in 2015

Feb 02, 2015 - 11:45 AM

These names redefine the business landscape and they will continue to do so in 2015 and in the coming years

Bezos names new publisher at Washington Post

Sep 02, 2014 - 9:52 PM

Fred Ryan is the new publisher and chief executive replacing family scion Katharine Wymouth

Amazon unveils Fire Phone

Jun 19, 2014 - 2:27 AM

The Fire Phone joins Amazon s lineup of devices such as the Kindle ebook reader the Kindle Fire tablet and the FireTV set top box

Amazon unveils 'Prime Air' delivery-by-drone plan

Dec 02, 2013 - 10:25 AM

Amazon said the octocopters would be ready to enter commercial operations as soon as the necessary regulations are in place

DELIVERY BY DRONE. The "octocopter" delivery drone in action. Image courtesy Amazon

Jeff Bezos takes control of Washington Post

Oct 02, 2013 - 9:06 AM

Tuesday s confirmation came in a short statement from the publicly traded Washington Post Co which will retain its television and educational operations

IN TRANSITION. A sign hangs on the outside of the Washington Post Building August 6, 2013 in Washington, DC. AFP/Saul Loeb

Era ends, new chapter set for Washington Post

Sep 29, 2013 - 11:10 AM

Can Jeff Bezos arrest the Washington Post s decline and deliver an economic model for the rest of the industry?

IN TRANSITION. A sign hangs on the outside of the Washington Post Building August 6, 2013 in Washington, DC. AFP/Saul Loeb

Amazon's Bezos buys Washington Post for $250M

Aug 06, 2013 - 7:53 AM

UPDATED Multi billionaire Bezos said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint

SOLD. The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Photo by AFP/Brendan Smialowski

US tech sector rides on rich list

Mar 04, 2013 - 11:47 PM

America s technology sector remained a driving force for the world s billionaires