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NEW YORK: Elon Musk is no longer the world’s richest person after Tesla Inc shares slid 8.6% on Monday, wiping US$15.2bil from his net worth.
Bill Gates is aiming to work more closely with Amazon.com Inc chief executive officer Jeff Bezos to combat a climate crisis that the Microsoft Corp co-founder said could dwarf the current pandemic in fatalities and global impact.
NEW YORK (Bloomberg): Elon Musk's embrace of bitcoin earlier this month rocketed the cryptocurrency almost 50 per cent higher to more than US$58,000. His cold shoulder this weekend whipsawed the largest digital asset.
Elon Musk drops from top spot, becoming world's second richest after Jeff Bezos, after Tesla stocks slid, wiping RM61.44bil from his net worth.
To realise his dream of satellite-powered Internet, tech billionaire Elon Musk needs to install antennas around the world. In northern France, a village hopes he’ll decide to keep those antennas far away.
NEW DELHI (Reuters) - Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its ties with the sellers and used them to circumvent increasingly tough foreign investment rules that affect e-commerce, internal company documents reviewed by Reuters show.
NEW DELHI (Reuters) - It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Carney was scheduled to talk with India's ambassador to the United States in Washington, D.C. In Delhi, the Indian government had just announced foreign direct investment regulations that threatened to disrupt Amazon's business in the world's second most populous country.
Doing "boring business" is paying off for several Japanese startups, pushing their founders in the league of the ultra-wealthy.
Elon Musk’s reign as the the world’s richest person was brief.
NEW DELHI (Reuters) - Amazon.com Inc took its legal challenge against partner Future Group's $3.4 billion retail assets sale to India's Supreme Court on Thursday, as the U.S. firm tries to stop a major rival buying the assets.