You cannot build a business that touches hundreds of millions of lives and thousands of companies and become the richest man on earth without attracting attention
The wealth surge of America's richest men happened during a period marred by the coronavirus crisis, when as many as 22 million Americans filed for unemployment benefits
Amazon's blog late on Friday did not commit to a specific person or consideration for who could eventually testify
"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.
In 1994, Bezos had just discovered that web activity had increased by a factor of roughly 2,300% in the past year. Later, he quit the lucrative Wall Street job and began his own business.
The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year
Amazon is suppressing extraneous consumption in various ways, according to a report in the Wall Street Journal.
The pandemic has brought the global economy to a near standstill and pushed almost 17 million Americans onto the unemployment rolls in the span of three weeks.
Amazon acknowledges its ad-hoc effort may not accomplish much during the current pandemic.
LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion
Hourly workers at Amazon's US warehouses will receive double pay after 40 hours for overtime.
Amazon said it would invest over $350 million to raise the pays for these employees in the US and Canada by $2 an hour
While Bezos is seen playing a Talosian alien, Musk plays Captain Christopher Pike
Climate change is the biggest threat to our planet,' says Bezos, whose net worth is estimated to be around $130 billion
Geffen is selling his Beverly Hills mansion to Bezos for $165 million
Bezos bought the Warner Estate from media mogul David Geffen, according to the Journal
The Pentagon awarded the cloud computing project to Microsoft in October
The transactions are part of a pre-arranged trading plan
The investment comes just days after its founder and the world's richest man Jeff Bezos announced $1 billion investment in digitising small and medium enterprises (SMEs) in the country
As allegations of anti-competitive practices like vertical restraints by e-commerce firms become more frequent, the CCI's "light touch" decision-making approach for the sector is likely to change