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Amazon Board Sued by Shareholder Over Blue Origin Launch Contracts for Project Kuiper
An Amazon shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision to award launch contracts for the company's Project Kuiper satellite project to Blue Origin, Bezos's space company. The lawsuit claims that the Amazon board did not consider rival Elon Musk-owned SpaceX as an a...
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JioCinema Likely to Focus on Pricing, Local Content as It Challenges Disney, Netflix in India
JioCinema, which is currently offered for free to all, is likely to switch up its strategy and focus on pricing and local content going forward. The service recently agreed to a deal with Warner Bros for content in India, including HBO shows such as The Last of Us, Succession, and House of the Dragon.
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OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
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Amazon Faces Challenges Over Policies at Shareholder Meeting, Investors to Review Workers’ Rights, Social Issues
Amazon faces 14 investor resolutions challenging its policies at the annual shareholder meeting on Wednesday. This has been a record challenge for the retail and cloud computing company. The investors will review workers’ rights, their health and safety, Amazon's use of plastic or changes to the company's process for board nominations.
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Ford Reportedly Sells $214 Million Worth of Its Shares in Electric Truck Maker Rivian
Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.
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Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
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What's Next for Amazon's Jeff Bezos After He Steps Down as CEO? Look at His Instagram
Jeff Bezos, 57, is stepping down as Amazon's CEO on Monday. He'll remain executive chairman and the company's biggest shareholder, but his Instagram account shows he has plenty of other interests to occupy his time.
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You Don't Want To Miss These 5 Instagram Posts By Jeff Bezos
Tech billionaire Jeff Bezos hands over the reins as Amazon's CEO to Andy Jassy today. While the 57-year-old will continue to serve as executive chairman of the company as well as its biggest shareholder, there are other things on the anvil for the wo
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Jeff Bezos' Final Annual Shareholder Letter Is Full of Life Lessons, Twitter Users Say
Jeff Bezos in his annual letter to Amazon shareholders has included a few tips on how to become successful in business and in life. Many users on Twitter have appreciated Bezos' inspiring words in the letter.
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Jeff Bezos Says Amazon Needs to Do Better for Employees in Last Investor Letter as CEO
Amazon needs to do better at taking care of its employees, Jeff Bezos said in his final letter to shareholders as chief executive officer of the online retail giant.
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Amazon Not Shareholder, No Say in Company Affairs: Future Retail Tells Delhi High Court
Future Retail told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre was of no value.
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Amazon Tells India Regulator Its Partner Future Retail Is Misleading Public
Amazon has complained to India's market regulator that its local partner Future Retail misled shareholders by incorrectly saying it was complying with its contractual obligations to the US e-commerce giant.
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Amazon, SoftBank Held Talks to Acquire Russian E-Retailer Ozon, Shareholder Says
Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema's majority owner Vladimir Evtushenkov said on Saturday.
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Amazon Shareholders Reject Dissident Moves to Reshape Company
Amazon shareholders Wednesday turned back a series of proposals put forth by critics at the company's annual meeting aimed at creating new social responsibility goals for the tech giant.
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Amazon Shareholder Tries To Return Purchased Item Directly To CEO Jeff Bezos
Amid Amazon's annual shareholders conference where dozens of people joined to discuss issues like renewable energy use and equal pay, a woman called out to Amazon CEO Jeff Bezos trying to return a product that was purchased from the e-commerce platform.
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Amazon Board Sued by Shareholder Over Blue Origin Launch Contracts for Project Kuiper
An Amazon shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision to award launch contracts for the company's Project Kuiper satellite project to Blue Origin, Bezos's space company. The lawsuit claims that the Amazon board did not consider rival Elon Musk-owned SpaceX as an a...
-
JioCinema Likely to Focus on Pricing, Local Content as It Challenges Disney, Netflix in India
JioCinema, which is currently offered for free to all, is likely to switch up its strategy and focus on pricing and local content going forward. The service recently agreed to a deal with Warner Bros for content in India, including HBO shows such as The Last of Us, Succession, and House of the Dragon.
-
OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
-
Amazon Faces Challenges Over Policies at Shareholder Meeting, Investors to Review Workers’ Rights, Social Issues
Amazon faces 14 investor resolutions challenging its policies at the annual shareholder meeting on Wednesday. This has been a record challenge for the retail and cloud computing company. The investors will review workers’ rights, their health and safety, Amazon's use of plastic or changes to the company's process for board nominations.
-
Ford Reportedly Sells $214 Million Worth of Its Shares in Electric Truck Maker Rivian
Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.
-
Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
-
What's Next for Amazon's Jeff Bezos After He Steps Down as CEO? Look at His Instagram
Jeff Bezos, 57, is stepping down as Amazon's CEO on Monday. He'll remain executive chairman and the company's biggest shareholder, but his Instagram account shows he has plenty of other interests to occupy his time.
-
You Don't Want To Miss These 5 Instagram Posts By Jeff Bezos
Tech billionaire Jeff Bezos hands over the reins as Amazon's CEO to Andy Jassy today. While the 57-year-old will continue to serve as executive chairman of the company as well as its biggest shareholder, there are other things on the anvil for the wo
-
Jeff Bezos' Final Annual Shareholder Letter Is Full of Life Lessons, Twitter Users Say
Jeff Bezos in his annual letter to Amazon shareholders has included a few tips on how to become successful in business and in life. Many users on Twitter have appreciated Bezos' inspiring words in the letter.
-
Jeff Bezos Says Amazon Needs to Do Better for Employees in Last Investor Letter as CEO
Amazon needs to do better at taking care of its employees, Jeff Bezos said in his final letter to shareholders as chief executive officer of the online retail giant.
-
Amazon Not Shareholder, No Say in Company Affairs: Future Retail Tells Delhi High Court
Future Retail told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre was of no value.
-
Amazon Tells India Regulator Its Partner Future Retail Is Misleading Public
Amazon has complained to India's market regulator that its local partner Future Retail misled shareholders by incorrectly saying it was complying with its contractual obligations to the US e-commerce giant.
-
Amazon, SoftBank Held Talks to Acquire Russian E-Retailer Ozon, Shareholder Says
Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema's majority owner Vladimir Evtushenkov said on Saturday.
-
Amazon Shareholders Reject Dissident Moves to Reshape Company
Amazon shareholders Wednesday turned back a series of proposals put forth by critics at the company's annual meeting aimed at creating new social responsibility goals for the tech giant.
-
Amazon Shareholder Tries To Return Purchased Item Directly To CEO Jeff Bezos
Amid Amazon's annual shareholders conference where dozens of people joined to discuss issues like renewable energy use and equal pay, a woman called out to Amazon CEO Jeff Bezos trying to return a product that was purchased from the e-commerce platform.
