Jeff Bezos news and archive

A guerrilla poster campaign against Jeff Bezos at the Met Gala hits New York

New York - Posters have appeared on the streets and subways of New York calling for a boycott of the Met Gala, scheduled for May 4, due to Jeff Bezos' involvement in its organisation. The choice of the Amazon founder, who has grown closer to Donald Trump, and his wife Lauren Sanchez Bezos as sponsors and honorary chairs is “a total lack of tact”...

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Fashion |Opinion

The Tech Gala: When fashion’s front row is bought, not built

The red carpets have been non-stop this past week. A state visit from King Charles to the United States, the global premieres of The Devil Wears Prada 2 (DWP), and a beautiful Chanel Cruise show in Biarritz have kept fashion in a constant state of performance. Stylists like Micaela Erlanger, Erin Walsh, and Jessica Paster have been working...

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Business

Amazon founder launches AI venture Project Prometheus, signalling potential shifts for retail and fashion

Jeff Bezos is returning to the chief executive role with a new artificial intelligence venture, Project Prometheus, a move that could reshape how technology flows into sectors including retail and fashion. According to The Times, the early-stage company has secured 6.2 billion dollars in initial funding, placing it among the world’s most...

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Jeff Bezos to step down as Amazon CEO on July 5

Jeff Bezos will step down from his long-standing role as CEO of Amazon on July 5, he said at the company’s annual shareholder meeting on Wednesday. The company first announced Bezos’ plan to leave his role at the helm of the company back in February at the same time it announced record net sales of 125.6 billion dollars in the fourth quarter - a...

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Fashion

Big tech investor tells fashion industry not to trust Amazon

The pandemic ups and downs of Amazon have been well-documented. There were accusations of the ill-treatment of workers in its fulfillment centers. According to a report by the Wall Street Journal, the retailer has gathered data from sales of third party vendors to create competing products, despite its representatives having long denied engaging...

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Jeff Bezos validates ‘richest person of the world’

New York - Amazon founder Jeff Bezos has gotten its ‘richest man in the world’ title re-assured as his personal worth increased by 24 billion to 123 billion dollars. Inditex and Fast Retailing founders have also made it to the top 30 wealthiest people worldwide. Bloomberg Billionaires Index has been just updated, gathering the 500 largest...

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Rich List: Jeff Bezos CEO of Amazon enjoys best year ever

London - It may have been a difficult year for some, but for Jeff Bezos, CEO of online giant Amazon, it was his best year yet - at least in terms of money. No other billionaire in the world saw their fortunes increase like Bezos, who saw his net worth grow by a staggering 27.6 billion dollars - more than the total net worth of all but the top 24...