Tag Archives: Amazon

Amazon Shareholders: Stop Selling Facial Recognition to Governments

Image via Shutterstock A group of Amazon shareholders, organized by a non-profit called Open Mic, are demanding that Amazon cease sales of its Rekognition software to government agencies. Open Mic bills itself as “a non-profit that fosters shareholder engagement at leading tech and media companies.” The facial recognition suite has been proven in independent tests to be inaccurate,… Read More »

Is Apple Dying? Long Live FANG: Technology Stocks Rally Without Apple

Is Apple running out of battery? Image from Shutterstock. The big technology stocks of Facebook, Amazon, Netflix and Google (FANG) have all rallied the past month. But not Apple which is seeing a near 7% decline over the period. It looks like FAANG (Facebook, Apple, Amazon, Netflix and Google) could be dead. FANG Stocks Rally Over the last… Read More »

Amazon and Walmart Stock in Danger? India Tightens E-Commerce Rules

Last month, India implemented new regulations for foreign e-commerce firms including Amazon and Walmart-owned Flipkart, placing pressure on the two conglomerates. According to Mukesh Aghi, the U.S.-India Strategic Partnership Forum president, the abrupt change in e-commerce regulations can pose a severely negative impact on the growth of U.S. companies in India. Are Amazon and Walmart Fine? Following the… Read More »

“Jeff Bozo”: Trump Seizes Long Awaited Opportunity To Blast Amazon Founder Jeff Bezos

U.S. President Donald Trump has launched a broadside at Amazon CEO Jeff Bezos, describing him as “Jeff Bozo” in a tweet posted late Sunday night. Referencing the ongoing coverage of Bezos’ divorce, Trump sarcastically offered his sympathy to Bezos for being taken down by a rival publication. The tweet marks the latest in a long series of Twitter… Read More »

Why Jeff Bezos’ Divorce Could be Bullish for Amazon Shares

News of Amazon chief Jeff Bezos and wife MacKenzie Bezos divorcing sparked questions about how the split could affect the world’s most valuable company’s stock. While there were questions, there wasn’t panic. Investors are in wait-and-see mode. The news, which came Wednesday via a tweet from Jeff Bezos, barely moved Amazon’s share price. It closed Friday at $1,640.56.… Read More »

Amazon Developing New Game Streaming Service to Compete with Microsoft and Google

Not to be outdone by its FAANG and other technology rivals, it appears Amazon has been secretly developing a game streaming service. It looks set to compete with Microsoft and Google with instant video games housed on powerful servers. Cloud-based gaming, which will negate the need for downloads or game cards, could be one of the next major… Read More »

Jeff Bezos’ Affair With Married Lauren Sanchez Puts World’s Largest Fortune At Risk

In an earlier report about the Bezos divorce, CCN wondered if Jeff Bezos and his wife MacKenzie had used a prenuptial agreement when they were married in 1993. Perhaps unfortunately for Jeff, they did not, TMZ reports. Was Jeff Bezos Cheating? Reportedly, Jeff Bezos has been officially carrying on a relationship with married Lauren Sanchez for some time.… Read More »

How Much Will Jeff Bezos’ Divorce Cost the World’s Richest Man?

Jeff Bezos, world’s richest man and founder of Amazon, is getting a divorce from his wife Mackenzie Bezos. Jeff and Mackenzie Bezos were married for 25 years. Mackenzie Bezos could be worth more than $60 billion after the divorce. Jeff Bezos is getting a divorce from Mackenzie Bezos after 25 years. He posted a note on Twitter. According to him,… Read More »