MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at $38.3 billion
Amazon’s new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of different shapes and sizes every hour
India has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts
An Amazon statement said the latest incentive would also include three months of wages for employees who want to start their own delivery enterprise.
Jeff Bezos said the implementation was complex, with specially designed cameras and shelves and new computer vision algorithms.
Walmart’s Mexico unit has penalized food companies supplying groceries to rival Amazon, pressure that has forced some to pull their products from the world’s largest online retailer, four people familiar with the matter said.
MacKenzie Bezos, ex-wife of Amazon founder Jeff Bezos, announced Thursday they had finalized their divorce, and that she would surrender 75 percent of the couple's shares in the tech giant.
“I don’t want a government that’s here to work for the giant tech companies. I want a government that’s here to work for the people,” said Elizabeth Warren.