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Jeff Bezos to step down as Amazon CEO

From a garage in suburbia to the plinth of the richest man in the world – Jeff Bezos’ journey is the ultimate start-up success story. Now, the Amazon CEO is stepping down after 30 years at the helm of the world’s largest e-commerce company.

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Amazon's net income down to $2.5 billion in Q1

MUMBAI: Amazon.com, Inc. today announced financial results for its first quarter ending March 31, 2020. The result is a measure of how the Covid2019 pandemic is affecting the overall online shopping experience. Net income decreased to $2.5 billion in the first quarter, or $5.01 per diluted share,...

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Amazon Prime exceeds 150 mn subscribers

MUMBAI: E-commerce giant Amazon has revealed that its subscriber base has grown to over 150 million subscribers. More people signed up prime membership in the fourth quarter than ever before. Amazon founder and CEO Jeff Bezos boasted of its streaming services’ success as well. Bezos said that the...

iWorld Over The Top Services
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Amazon Prime Video unveils upcoming Originals line-up for 2020

MUMBAI: Amazon Prime Video unveils upcoming content slate with 14 Indian Original titles, including a mix of new series and returning seasons of popular Indian Amazon Originals. The preview video offers viewers a glimpse into 13 other upcoming titles, including new scripted series such as The Last...

iWorld Over The Top Services
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Amazon's Jeff Bezos tells Bollywood content is Prime motive

Jeff Bezos is used to thinking big. He is also used to controversies. So even as his plan to invest a billion dollars in Amazon’s India operation got a lot of press and protests and a snub from commerce minister Piyush Goyal (at a time when the competition commission is investigating "predatory...

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