- Benzinga
Jeff Bezos Urged His Siblings To Invest $10,000 In Amazon — Their Stake Grew 12,566,658% And Potentially Worth $1.26 Billion Today
Jeff Bezos, a household name synonymous with Amazon, revolutionized e-commerce. But years ago, Amazon was just a dream Jeff Bezos shared with his brother and sister. In the mid-1990s, investing in an online bookstore was a bold move. Bezos's siblings, Mark and Christina, took that leap. In 1996, they invested $10,000 each in Amazon, acquiring 30,000 shares. Today, those shares are potentially worth over $1.26 billion each. Don't Miss: The average American couple has saved this much money for ret
- Reuters
$1.3 billion UK lawsuit accuses Amazon of misusing small sellers' data
Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits. The British Independent Retailers Association (BIRA), an umbrella body grouping numerous small traders, was due to file the lawsuit on behalf of around 35,000 retailers at the Competition Appeal Tribunal (CAT) in London on Thursday, its lawyers said. The suit alleges that Amazon made use of non-public data provided by retailers selling goods on Amazon's Marketplace to offer cheaper rival products for sale directly to consumers.
- Yahoo Finance
Streamers like Netflix, Max, and Peacock are raising prices — here’s why
It's getting more expensive to watch your favorite streaming shows — especially if you want to watch them without commercials.
