Shares of his Amazon.com surged 12 per cent to $2,100 in extended trading late on Thursday in New York, after the largest US e-commerce company reported fourth-quarter results that smashed Wall Street estimates.

Bezos, already the world’s richest person, added $13.2 billion to his fortune in 15 minutes. At the current price, his net worth would be about $129.5 billion, according to the Bloomberg Billionaires Index.

Amazon India on Monday said it has entered into long-term business agreements with Future Group for expanding the reach of the latter's retail stores and consumer brands through its online marketplace. The development comes after Amazon had agreed to buy 49 per cent stake in Future Coupons Ltd that in turn holds stake in Future Retail Ltd (FRL) last year.

"FRL and Amazon India signed two agreements focusing on key categories - grocery and general merchandise, and fashion and footwear," according to a statement released Monday.

A group of Amazon.com employees who pushed the company to combat climate change say Amazon has threatened to fire some of them if they continue to speak out about their employer’s internal affairs.

Two were threatened with termination, a spokesperson for Amazon Employees for Climate Justice said, and a total of four were told in meetings that they were in violation of the company’s policies on workers speaking to the press and on social media.

US antitrust enforcers have broadened their scrutiny of Amazon.com Inc. beyond its retail operations to include its massive cloud-computing business, according to people familiar with the matter.

Investigators at the US Federal Trade Commission have been asking software companies recently about practices around Amazon's cloud unit, known as Amazon Web Services, said the people, who declined to be named because they weren't authorized to speak publicly.

In the heart of New Delhi's largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.

Amazon, Flipkart! one merchant after another shouts into a microphone from a small stage in Sadar Bazaar's central traffic circle. Some 50 other shopkeepers gathered around shout back in unison: Go back! Go back!

Amazon has challenged the awarding of a USD 10 billion Pentagon cloud computing contract to Microsoft, alleging unmistakable bias in the process.

The 10-year contract for the Joint Enterprise Defense Infrastructure program, better known as JEDI, ultimately will see all military branches sharing information in a system boosted by artificial intelligence.

Mumbai: At a time when consumption demand in India has been hit hard, renewed focus on small towns such as Sikar in Haryana and Gulbarga in Karnataka is helping billionaire Mukesh Ambani’s Reliance Industries Ltd clock higher revenues in its retail businesses.

Amazon, Apple and Alibaba top the list of companies that tech industry leaders worry most about disrupting their business, according to a KPMG report.

In a survey of more than 740 technology industry business leaders globally, DJI, Google, Netflix, Airbnb, Microsoft, Facebook, and Baidu round out the Top 10 list.

A $1 billion deal to build Amazon data centres in Saudi Arabia appears to have stalled, following the death of journalist Jamal Khashoggi, The Washington Post reported.

After Khashoggi's killing in Istanbul last year, Amazon CEO Jeff Bezos, who also owns The Post, became the target of waves of criticism from Saudi-based online trolls, said the report on Sunday.

Jeff Bezos retained the title of world’s richest person Friday as Amazon.com Inc.’s stock recovered from a sharp slide. Shares of the biggest online retailer fell 1.1% to close at $1,761.33, rebounding from a drop of as much as 9.1% in extended trading a day earlier, after the company reported its first profit decline in two years. Friday’s modest dip trimmed Bezos’s net worth to $109.9 billion, or $2.36 billion more than Bill Gates’s, according to the Bloomberg Billionaires Index.

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