Samsung cuts through the flaff with its Galaxy Tab S6 Lite, providing all the essential features you need at an affordable price
tech reviews9 hours ago
Amazon founder and CEO Jeff Bezos has lost the title as the world's richest man, paving the way for tenacious Bill Gates to grab the top spot after Amazon's lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.
Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Bezos down to $103.9 billion.
Microsoft co-founder Bill Gates is currently worth $105.7 billion.
Bezos ended Gates' 24-year run as the richest man in 2018 and became the first man on earth with a net worth of $160 billion.
Amazon reported a 26 per cent drop in net income in its third quarter, its first profit decline since 2017, reports Forbes.
In after-hours trading, Amazon dropped nearly 9 per cent to $1,624 per share.
Gates debuted on Forbes' first ever billionaire list in 1987 with a net worth of $1.25 billion.
Bezos first joined The Forbes 400 list of richest Americans in 1998, one year after Amazon went public, with a net worth of $1.6 billion, the report added.
The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos' stocks worth around $36 billion.
Samsung cuts through the flaff with its Galaxy Tab S6 Lite, providing all the essential features you need at an affordable price
tech reviews9 hours ago
The country has several beaches and with that comes countless options to indulge in a hearty breakfast
food9 hours ago
In a touching Instagram post, Bipasha shared adorable pictures of themselves
entertainment9 hours ago
In this opulent saga, Bhansali delves into the world of Basra pearls
entertainment9 hours ago
The news comes just two days after his rape conviction was overturned by the New York Court of Appeals
entertainment9 hours ago
The AFI Life Achievement Award is the highest accolade granted by the American Film Institute
entertainment9 hours ago
The paths of these two stars have intersected on several occasions due to their association with the luxury brand Bulgari
entertainment9 hours ago
The students' demands range from a ceasefire in Israel's war with Hamas to calls for universities to stop investing in Israeli enterprises
world10 hours ago