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• As Amazon's CEO, Jeff Bezos was obsessed with the company's 'inevitable' death Amazon CEO Jeff Bezos. Getty Since 2013, Jeff Bezos has talked publicly about the "inevitable" death of Amazon. Bezos said the life-span of big companies was usually only a few decades. If companies stagnate, they die, he said. "Amazon is not too big to fail ... In fact, I predict one day Amazon will fail," Bezos said in 2018. See more stories on Insider's business page. Jeff Bezos founded Amazon on July 5, 1994. Exactly 27 years later, on Monday,…
• Jeff Bezos originally wanted to name Amazon 'Cadabra,' and 14 other little-known facts about the early days of the e-commerce giant Amazon founder Jeff Bezos in 1999. Chris Carroll/Corbis/Getty Images Amazon and its founder, Jeff Bezos, have come a long way since 1994. For instance, Bezos wanted to call the company "Cadabra," but was talked out of it. Plus, the team rang a bell each time a purchase was made, but abandoned it when sales soared. Visit the Business section of Insider for more stories. When Amazon was founded on July 5, 1994, as a website that only sold books, founder…
• The 12 best books of July 2021, according to Amazon's book editors When you buy through our links, Insider may earn an affiliate commission. Learn more. Amazon; Alyssa Powell/Insider July is an excellent time to read - be it on your commute, at the beach, or spending time at home. Amazon's book editors have selected 12 new titles to sink your teeth into this July. Want more books? Check out the best new books of the year and the best summer beach reads. Regardless of what your July plans are, reading will…
• Amazon's new management principles are a sign of the times for corporates Amazon workers in Bessemer, Alabama, voted against forming a union, but the Retail, Wholesale and Department Store Union, under which they would have unionized, challenged the results. Elijah Nouvelage/Getty Images Amazon has added two new leadership principles to its longstanding management code. Following public criticism, Amazon pledged to be a better employer and to ensure responsibility. The changes are a sign of corporates publicly adopting progressive values. See more stories on Insider's business page. Amazon appears to be reappraising its…
• Jeff Bezos believes multibillion-dollar failures are actually a good thing: 'If the size of your failures isn't growing, you're not going to be inventing at a size that can actually move the needle' Alex Wong/Getty Images As Amazon's CEO, Jeff Bezos said he made big bets that sometimes ended as, "multibillion-dollar failures." This view lines up with Bezos' approach to life: Failure is better than never having tried at all. Bezos will step down as Amazon's CEO on Monday, July 5. Visit the Business section of Insider for more stories. What's the point in making billions if you can't make a multibillion-dollar mistake every now and again? According to Amazon CEO Jeff Bezos,…
• Get your own financial adviser, not your husband’s golf buddy Graduations last month seemed even more meaningful after the unprecedented challenges of the pandemic lockup. Watching the excitement of young people starting their lives in the new light of our own reemergence could make us more reminiscent than usual of our own rites of passage. Remember that freedom of movement you felt with your first car? Remember how liberating it felt to have your own money to spend from your first paycheck? You probably did not have the same feelings…
• Incoming Amazon CEO Andy Jassy's newest stock award tops $200 million. This is how his Amazon holdings compare to Jeff Bezos'. Andrew Jassy and Jeff Bezos. Mike Blake/Reuters; Mark Ralston/AFP/Getty Images Amazon has granted incoming Amazon CEO Andy Jassy 61,000 shares. The grant, worth about $214 million at Friday's close, will vest over 10 years. Jassy on July 5 will take the helm of the company as CEO Jeff Bezos steps down. See more stories on Insider's business page. Incoming Amazon CEO Andy Jassy's newest stock award totaled more than $214 million, a high-dollar payout that would vest over 10 years,…
• Richard Donner, directed ‘Superman,’ ‘Lethal Weapon’ franchise, dies at 91 Richard Donner arrives at the American Film Institute’s 41st Lifetime Achievement Gala in 2013 in Los Angeles. The filmmaker, who helped create the modern superhero blockbuster with 1978’s “Superman” and mastered the buddy comedy with the “Lethal Weapon” franchise, has died. He was 91. | Katy Winn/Invision/APDonner gained fame with his first feature, 1976’s “The Omen.” A then-unheard-of offer followed: $1 million to direct 1978’s “Superman.” Filmmaker Richard Donner, who helped create the modern superhero blockbuster with 1978’s “Superman” and…
• Amazon's BNPL success in India could lead to expansion plans Amazon Pay Later helps the etailer boost ecommerce sales and break further into India's payment space. And it may also help the etailer capitalize on the global buy now, pay later market. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Amazon Pay Later-the etailer's installment lending solution-has amassed 2 million users and processed more than 10 million transactions in India since it launched in April 2020, per…
• Loving Sex/Life? 7 more steamy Netflix series to get you hot under the collar Fans are wanting more sex after finishing Sex/Life (Picture: Netflix)If you’ve just finished the steamy Netflix series Sex/Life and are looking for more X-rated shows to get your pulse racing, then look no further. Sex/Life focuses on Billie (Sarah Shahi), a suburban mother-of-two who is feeling a lack of intimacy from husband Cooper (played by Mike Vogel). Soon she begins to fantasise about her ex Brad (played by Adam Demos) and keeps a diary of all of the wild sex…