JEFF BEZOS

  • CEO Jeff Bezos defends Amazon's flop projects, lack of profits December 3, 2014

    New York: Jeff Bezos, the chief executive of Amazon.com Inc, was unapologetic about his twenty-year-old company's lack of profit during a rare public appearance on Tuesday, noting he spends just six hours a year on investor relations. Bezos also discussed Amazon's acrimonious dispute with publisher Hachette Book Group and his purchase...
  • Meet Jeff Bezos, the man behind Amazon.com October 1, 2014

    Started in 1994, Amazon.com started as an online bookseller and went operational in 1995. Jeff Bezos, the founder to the online webstore, was named 'Person of the year' by Times magazine. ...
  • Prime Air: Amazon testing 30minute package delivery using drones December 2, 2013

    Amazon.com is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program 60 Minutes. Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds (2.3 kg). That represents roughly 86 per cent of packages that...
  • Amazon's founder Jeff Bezos completes Washington Post purchase October 2, 2013

    Washington: The Washington Post now belongs to Amazon founder Jeff Bezos. The Washington Post Co. said Tuesday that it had completed the sale of the newspaper publishing business to Bezos, who said in August he was buying it for $250 million. The soontoberenamed Washington Post Co. is retaining the Kaplan education...
  • How will Amazon's Jeff Bezos change The Washington Post? August 8, 2013

    Technology and media circles are abuzz at how ecommerce wunderkind Jeff Bezos plans to modernize The Washington Post, a moneylosing bastion of the old economy. Among the top predictions: the man who transformed retailing will want to wean the venerable paper off its print edition; expand the Post's realtime content for...
  • From Amazon to Washington Post: How Jeff Bezos built his empire August 6, 2013

    New York: Over nearly two decades, Jeff Bezos built Amazon.com from a scrappy online bookseller into an ecommerce empire, shook up the print publishing world with the Kindle ereader and even started a space travel company. Now he is buying The Washington Post for $250 million, purchasing one of the most...
  • Amazon founder Jeff Bezos to buy the Washington Post August 6, 2013

    Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family's 80year ownership and hands one of the country's most influential publications to the tech entrepreneur. Bezos, hailed by many as a visionary who helped transform Internet retail, called...
  • US: Lost Apollo 11 Moon dust found in dusty storage May 26, 2013

    Washington: Moon dust samples gathered by Neil Armstrong during the Apollo 11 lunar mission have been discovered inside a California lab warehouse after sitting in the dusty storage unnoticed for more than 40 years. Vials of Moon dust brought back to Earth by Armstrong and Buzz Aldrin were found last...
  • Amazon CEO confirms Kindle sold 'at cost' October 12, 2012

    New York: Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle ereader "at cost", with profit coming instead from sales of online content. Bezos' remarks, in an interview with the BBC, marked the first time the company had confirmed longheld Wall Street assumptions that it...
  • Apollo 11 engines found on sea floor March 30, 2012

    Cape Canaveral: Space enthusiast and entrepreneur Jeff Bezos has found the rocket motors used to send the Apollo 11 astronauts to the moon and plans to mount a recovery expedition soon, the Amazon.com CEO and founder reported on a blog post. The five F1 engines were fired up on July 16,...