Tag: amazon
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Rivian revs up for $65bn valuation in IPO
The Jeff Bezos-backed electric carmaker Rivian is aiming for a market value of $65bn (£48bn) when shares start trading in New York, in one of the biggest-ever stock market floats. Rivian announced late on Tuesday that its shares would start trading at $78 each, significantly above the $52 a share lower end of the range…
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Elon Musk responds to Jeff Bezos’ Blue Origin defense with a petty tweet
The tech billionaires are bickering again. On Sunday evening, Jeff Bezos tweeted a throwback image in anticipation of a Washington Post piece about the toxic work culture at his space travel company, Blue Origin. Bezos, who owns the Post, had been notified the story would be running soon. Even though Tesla and SpaceX CEO Elon…
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Amazon may unveil new Echo devices, Alexa updates and more on September 28
The company has sent out invites to its fall hardware event, which will take place next week. What you need to know Amazon has announced an event scheduled for September 28. The event will supposedly see the unveiling of a wide range of devices including new Echo speakers, Ring security cameras, and Eero routers. Alexa…
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Amazon, Space X Throw Hissy Fits As They Bicker Over Government Contracts, Subsidies
We’ve noted a few times that the Space X, Starlink satellite broadband service isn’t going to be quite as disruptive to telecom as many people might think. For one, capacity constraints mean that the company will only be able to serve somewhere between 500,000 and 800,000 subscribers in the first few years. That’s a drop…
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Bitcoin Just Got Squeezed
Lets talk about what’s happening with Bitcoin, the price to stock ratio predicting a million dollar price, and how this could impact the future for currency – Enjoy! Add me on Instagram: GPStephan GET YOUR FREE STOCK WORTH UP TO $70 ON PUBLIC & SEE MY STOCK TRADES – USE CODE GRAHAM: http://www.public.com/graham GET UP…
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Amazon may soon allow users to pay in crypto
Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team.According to a latest job listing, Amazon’s Payments Acceptance & Experience team is “seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product…
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Electric truck startup Rivian is eyeing a $70 billion valuation in upcoming IPO, report says
Rivian R1T. Andi Hedrick/Rivian Rivian Automotive is targeting an IPO that could value the electric vehicle startup at $70 billion, according to a Bloomberg report.The company is working with advisers from Goldman Sachs, JPMorgan, and Morgan Stanley.Rivian is backed by Amazon and was valued at $27.6 billion when it raised $2.65 billion in January.Sign up…
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₹73,000 crore case on McDonald’s,Bangladesh overtakes India,Facebook, Amazon ,Zomato Business News
Business News 194 – ₹73,000 crore case on McDonald’s,Bangladesh overtakes India,Facebook overtakes Amazon,Zomato,Microsoft,Tesla,Crypto Collapse Discover Digital Marketing(Offline Course) Or Make Your Business Digital With Lapaas- Digital Marketing Institute and Agency. Join Our Most Advanced Digital Marketing Course. That will cover 26 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing,…
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Starbucks, Amazon, Pepsi among 400+ companies calling for Equality Act to pass
Starbucks headquarters in Seattle fly a giant rainbow flag during Pride month at 2018 (Photo: Starbucks) More than 400 large businesses have collectively said they need to see that the Equality Act passed. The legislation would expand civil rights protections to LGBTQ folks in the US. The companies concerned have joined the lsquo;Business Coalition for…
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A ‘more honest’ stock market
Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple…