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Business Insane World

MacKenzie Scott donates $2.74 billion to ‘historically underfunded organizations’

MacKenzie Scott donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. In divorce settlement with Jeff Bezos, Ms Scott became one of the richest woman’s in the world. She and Bezos were married for 25 years. At $193.5 billion, Bezos is currently the world’s’ wealthiest person, and Scott’s fortune is […]

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Insane

Mystery bidder pays $28 billion for 10-minute trip to edge of space alongside Jeff Bezos

A mystery bidder paid $28 million at auction for a seat alongside Jeff Bezos on board the first crewed spaceflight of the billionaire’s company Blue Origin next month. The Amazon founder revealed this week that both he and his brother Mark would take seats on board the company’s New Shepard launch vehicle on July 20, […]

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World

Billionaire Jeff Bezos to fly to space aboard a Blue Origin flight on July 20

Amazon founder Jeff Bezos will fly to space along with his on the first human flight launched by his space company, Blue Origin. In an Instagram post, Mr Bezos said space flight was something he had wanted to do “all my life”. Blue Origin is also auctioning off a seat in the capsule, for someone […]

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Insane

Brazil faces worst drought spell in 91 years; authorities warn water scarcity, power rationing

Brazilian government agencies warned of droughts this week as the country faces its worst dry spell in 91 years, increasing fears of energy rationing, hitting hydroelectric power generation and agriculture while raising the risk of Amazon fires. The Electricity Sector Monitoring Committee (CMSE), which is linked to Brazil’s Mines and Energy Ministry, recommended that the […]

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World

Amazon halts construction of Connecticut distribution centre after discovering 8th noose

Amazon forced to halt construction of a Connecticut distribution center again after an eighth noose was found on the site in just a month. The internet sales giant shut down building work on its new fulfillment center in Windsor, Connecticut on Wednesday after the discovery was made. It previously paused work on May 19 after […]

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Business

Five women sue Amazon.com for gender and racial bias

Amazon on Wednesday received five new lawsuits by women who worked in corporate or warehouse management roles, and accused the online retailer of gender bias, racial bias or both. The women, ages 23 to 64, accused Amazon of favouring men over women in career growth, allowing supervisors to denigrate them, and retaliating after they complained. […]

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Business

Amazon in talks to buy MGM as streaming space gets extremely competitive

Amazon is reportedly in talks to buy MGM, the film studio that was a staple of Hollywood’s Golden Age. A tie-up will give Amazon a big brand to wield as competition in streaming grows fiercely by the day. MGM’s iconic logo of a roaring lion has played before tons of classic films could be valued […]

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World

3 illegal miners killed in shootout for entering indigenous area in the Brazilian Amazon

Three suspected illegal miners were killed in a shootout that erupted after they entered an indigenous area in the Brazilian Amazon. The Yanomami group said armed miners on seven boats attacked a remote community on Monday. One indigenous person and four other miners were injured. An estimated 20,000 illegal gold miners are in the Yanomami […]

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Business

Amazon reports three fold rise in profits as pandemic shopping continues

Amazon reported a three fold rise in profits in the first three months of this year. The Covid-19 pandemic has served to boost the tech giant’s revenues, from video streaming to grocery delivery. It said it expects the boom to continue over the next few months. The pandemic could herald “a golden age” for Amazon, analysts believe. […]

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Insane World

Man arrested for plotting bomb to ‘kill off about 70% of the internet’

US authorities have arrested a man who allegedly plotted to bomb an Amazon data centre, which he believed would “kill off about 70% of the internet”. Seth Aaron Pendley, 28, was arrested after receiving a dud explosive device from an undercover FBI agent, and was charged with a malicious attempt to destroy a building with […]

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World

Amazon defeats Alabama union effort amid allegations of gas lighting its own employees

Amazon defeats activists hoping to establish the company’s first unionised warehouse in the US. Workers at the Bessemer, Alabama warehouse voted 1,798 to 738 against the effort, labour officials said. That represented a majority of votes cast in the contest, which was seen as a key test for Amazon after global criticism of its treatment […]

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Insane

Asteroid that killed dinosaurs gave birth to the Amazon rainforest

The asteroid that is believed to have killed dinosaurs gave birth to our planet’s tropical rainforests, study suggests. Researchers used fossil pollen and leaves from Colombia to investigate how the impact changed South American tropical forests, including the Amazon rainforest. After the 12km-wide space rock struck Earth 66 million years ago, the type of vegetation […]