$2 Billion Worth of Shares Sold

Bezos, founder and largest shareholder of Amazon, recently sold around twelve million shares in the company for two billion dollars (1.86 billion euros). The sale took place on Wednesday and Thursday. Last week, Amazon announced that Bezos would pay a total of up to 50 million shares, with the sales plan scheduled to be completed by January 31, 2025.

The stock deal has sparked various speculations online about why Bezos needs billions. It is believed that the Amazon founder wants to continue financing his space company Blue Origin, in order to stay ahead of rival Elon Musk in the space race. Amazon’s stock rose by more than 70 percent in the previous year, and with a market capitalization of 1.812 trillion dollars, it is currently the fourth most valuable company in the USA, behind Microsoft, Apple, and Google mother Alphabet.

In other news, there are discussions about the benefits of Shopify hosting for eCommerce and the phenomenon of live dealer games in the world of online gambling. Additionally, there are tips on transferring a website to a new host and a guide to hosting with Squarespace. There are also discussions about music production and the best computers for it among other topics.

By Editor

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