Jeff Bezos founded multinational tech giant Amazon in 1994, out of his garage in Seattle. The company began as an online bookstore, primarily competing with local book retailers and Barnes & Noble. However, Amazon soon began to expand its services, offering convenience services to its customers. Amid the coronavirus pandemic, Amazon’s revenues grew 38%, reaching […]
On Wednesday, video game retailer GameStop announced that it has appointed former Amazon executive Matt Furlong as the company’s new CEO. Mike Recupero, another former executive of Amazon, has also been appointed as GameStop’s chief financial officer. Having worked for Amazon for almost a decade, Furlong will step into his new role on June 21. […]
After stepping down as Amazon’s CEO, Jeff Bezos is set to fly to space next month alongside his brother. It will be the first crewed flight by Bezos’ aerospace company, Blue Origin. Turning to Instagram, Mr Bezos said that space flight was something he had wanted to do his entire life. Space travel is a […]
It’s still too early to say what shape the recovery will be, but what is emerging from the fog of the pandemic/recession mash-up are ambitious brands moving beyond the virtue-signalling of “we’re all in this together” to begin positioning for a post-COVID world. In doing so, they’re placing bets on what our lives will look and feel like in the future.
There hasn’t been a more chaotic time, on a global scale, than the past six months, as we all adapted to life in a pandemic. But, with this chaos has come opportunity and while thousands of businesses have suffered in the crisis, there are some, both big and small, that have grown, pivoted, developed and […]
It is true that companies must work hard to stay ahead of the curve; doing so ensures they maintain their relevance, deliver a valued product or service, and grow their customer base. Indeed, some of the most famous cases of companies collapsing have stemmed from a failure to keep up with changing demand (more on […]
Bill Gates In February, The Bill & Melinda Foundation announced plans to commit up to US$100 million to help global detection, isolation and treatment of COVID-19. More than half of the funding will be invested in developing vaccines, as well as treatment and diagnostics efforts. Following President Donald Trump's decision to withdraw US financial support for the […]
In an Instagram post, Amazon’s Founder announced that he’s planning to “work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share”. He plans to fund scientists, activists and NGOs, and to get involved in any effort that “offers a […]
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