jeff bezos

With the latest Amazon novelties fintech experts discuss whether the giant can become a new key player on the market.

Space, the Final Frontier: Amazon Launching Thousands of Internet Satellites
July 16th, 2019

According to FCC, with their Project Kuiper, Amazon wants to put 3,236 broadband satellites into orbit. There are almost 4B people in the world who don’t have access to reliable broadband internet and with this project, they intend to fill that gap.

Richard Branson’s Space-Tourism Venture Virgin Galactic Goes Public
July 10th, 2019

Virgin Galactic announced that it will go public in the second half of 2019 with Social Capital Hedosophia Holdings Corp expected to acquire 49% of the space-tourism company.

Winklevoss Twins Make Amazon Subsidiary and Other Major Retailers Accept Bitcoin
May 14th, 2019

Through the partnership of a payments startup Flexa and Winklevoss’ Gemini, customers of Amazon’s Whole Foods, Starbucks, Baskin Robbins, and other major retailers can use Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar for payments.

Will Morgan Stanley Suffer Consequences After Uber’s Horrific IPO?
May 13th, 2019

Morgan Stanley investment bankers stand to harvest millions of dollars in fees for leading Uber Technologies Inc.’s IPO last week. Wealthy clients are facing big losses because of early investing policy.

Amazon Reports Record Q1 Revenue Despite the Slowing Growth
April 26th, 2019

Amazon reported better-than-expected Q1 profits Thursday but is experiencing slower revenue growth. That slower growth comes after growth in the segment was triple-digit or near-triple-digit for four consecutive quarters.

Jeff Bezos Will Own 75% of Amazon (AMZN) Stock After Divorce
April 8th, 2019

Amazon founder and CEO Jeff Bezos will keep 75% of the shares in the ecommerce giant that were jointly held with his wife, MacKenzie — and he retain full voting control of all of the couple’s shares — after the two finalized terms of their divorce.

Amazon’s Record Q4 Earnings Fail to Save the Company’s Stock from Sharp Slip
February 1st, 2019

Amazon.com beat top and bottom line estimates for the fourth quarter, but investors may be focusing more on its light guidance for the first quarter.

How Will Blockchain Enable an E-commerce Explosion?
November 20th, 2018

Blockchain and cryptocurrencies have much to offer the world of conventional e-commerce, with the first payment plug-ins and even whole marketplace platforms now launching.

Will Amazon Become A New FinTech Giant?
June 20th, 2017

With the latest Amazon novelties fintech experts discuss whether the giant can become a new key player on the market.