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Gateway - Quartz
Quartz· 3 days agoAmazon executive chairman Jeff Bezos sold another 12 million shares of the e-commerce giant’s stock worth over $2 billion this past week, according to a US Securities and ...
What’s on Moguls’ Minds at Sun Valley 2024: Disney Succession, AI Controversies and Trump’s Possible...
Variety· 2 days agoThe sultans of media and tech will break out their windbreakers and puffy vests for Allen & Co.’s...
Gateway - Quartz
Quartz· 3 days agoIn total, Bezos has sold off about $6 billion in shares this February, shrinking his stake in the company by about 2%. In a prior filing, Bezos proposed the sale of 50 million Amazon shares ...
Gateway - Quartz
Quartz· 3 days agoThe plan was the largest executive compensation package in history and —briefly — made him the the world’s richest person. Judge Kathaleen McCormick found that defendants in a shareholder lawsuit ...
Daily Brief: Going nuclear
Quartz· 3 days agoWhile the U.S. has larger capacity now, China is close on its heels, and will surpass it in the next decade. Speaking of the ultra-rich, the Internal...
Gateway - Quartz
Quartz· 3 days agoChina’s crackdown on technology firms and covid lockdowns had cooled foreign companies’ enthusiasm for doing business in the country. This week, global business leaders—Tesla and Twitter chief ...
AI chipmaker Nvidia surpasses Apple, Microsoft to become world’s most valuable company
NY Post via Yahoo Finance· 3 days agoThe latest uptick pushed Nvidia’s market cap to a whopping $3.33 trillion. Microsoft fell to second...
The Memo: Concocting Cool Ranch
Quartz· 3 days agoSometimes lightning strikes in the salad dressing aisle.
The Best in Philanthropy, From Social-Justice Initiatives to Funding Space Research
Robb Report via Yahoo News· 7 days agoAn original signatory to the Giving Pledge, Bloomberg also announced that before or upon his death,...
Stock Market Today: Stocks slide after record week powered by big tech
TheStreet.com· 7 days agoThe tech-heavy Nasdaq posts its fifth-straight record close. Stocks finished mixed Friday, with the Nasdaq closing at a new high once again in a week marked by a series of records despite hawkish ...