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News on Medial
Why does Jeff Bezos keep buying launches from Elon Musk?
Arstechnica
·
4d ago
Medial
Amazon has turned to its competitor, SpaceX, to launch its Project Kuiper satellites due to limited alternatives. SpaceX's Falcon 9 rocket is the most available and cost-effective option in the current market, as other Western launch providers face development delays. SpaceX benefits financially and strategically, sometimes leveraging spectrum sharing agreements with its customers. Despite being direct competitors, SpaceX's efficient and frequent launch capabilities create a viable solution for companies like Amazon and others needing timely deployments.
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OpenAI reminds me of Bezos, Blue Origin: Musk to Altman in 2018
Inshorts
·
8m ago
Medial
Elon Musk, in a 2018 email to OpenAI Co-founder Sam Altman, said, "OpenAI reminds me of [Jeff] Bezos and Blue Origin. They're hopelessly behind SpaceX and getting worse, but the ego of Bezos has him insanely thinking that they're not!" OpenAI has published the email amid a lawsuit by Musk that seeks to stop OpenAI from becoming a for-profit company.
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Jeff Bezos says he loves the idea of shaking hands and being friends with Elon Musk as they're 'very like-minded'
Business Insider
·
1y ago
Medial
Jeff Bezos expressed his desire to become friends with Elon Musk, stating that they are "very like-minded." This comes after years of rivalry between the billionaire entrepreneurs as they built their aerospace companies. Bezos acknowledged Musk's capabilities as a leader and the impressive results he has achieved with Tesla and SpaceX. Despite their past disagreements, Bezos liked the idea of hanging out with Musk and fostering a friendship that could inspire humanity.
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Elon Musk loses world’s richest person title to Jeff Bezos
Economic Times
·
1y ago
Medial
Elon Musk has lost his position as the world's richest person to Jeff Bezos after Tesla shares tumbled on Monday. Musk's net worth is now $197.7 billion, while Bezos holds a fortune of $200.3 billion. This change marks the first time Bezos has topped Bloomberg's ranking since 2021. The gap between Musk and Bezos has been narrowing as Amazon shares soar while Tesla shares decline. Musk's wealth may further decline after a Delaware judge invalidated his $55 billion pay package at Tesla. Bezos first became the world's richest person in 2017 but had been competing with Musk for the top spot last year.
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Pixar exec slams 3 A.M. calls as toxic, cites Jobs, Musk, and Bezos as icons of a culture he’s leaving behind
Economic Times
·
2m ago
Medial
Pixar executive Pete Docter criticized the "always-on" work culture exemplified by leaders like Steve Jobs, Elon Musk, and Jeff Bezos, where employees are expected to be available at all hours. Docter referenced Steve Jobs' habit of contacting Pixar employees at odd hours, which contributed to a stressful work environment he wishes to avoid fostering. This leadership style is prevalent, with Musk and Bezos also known for demanding high availability from their employees, potentially impacting work-life balance.
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Elon Musk is a bully, likes to get into fights: Sam Altman
Inshorts
·
7m ago
Medial
OpenAI CEO Sam Altman said Elon Musk is a "legendary entrepreneur" but is a "bully". "He...likes to get into fights," Altman stated, adding that Musk has previously fought with many others including Jeff Bezos, Bill Gates and Mark Zuckerberg. "Right now, it's me," he said, referring to Musk's current lawsuit that seeks to stop OpenAI from becoming a for-profit company.
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Jeff Bezos suffers big jolt, loses world's second richest man title after 8 years. Who overtook him?
Economic Times
·
2m ago
Medial
Larry Ellison of Oracle has overtaken Jeff Bezos to become the second richest person in the world. Ellison's net worth soared by $26 billion to $243 billion after Oracle reported stronger-than-expected earnings, surpassing Bezos and Mark Zuckerberg. Bezos first became the second richest in 2017 but lost the title to Zuckerberg in 2024. Currently, Elon Musk maintains the top position with a net worth of $407 billion.
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Jeff Bezos prepares to close the gap in his space race with Elon Musk
Economic Times
·
7m ago
Medial
Elon Musk and Jeff Bezos, two of the world's wealthiest individuals due to their technology companies, are engaged in a space race. Bezos' company, Blue Origin, is set to launch the New Glenn rocket, while Amazon's Project Kuiper aims to challenge SpaceX's Starlink network for internet access from space. Although Bezos has not yet achieved much commercial success in space, his investments in Blue Origin and Project Kuiper indicate a new chapter in the rivalry between the billionaires. However, SpaceX's dominance in the space industry, with its revolutionary technology and successful launches, gives Musk a significant advantage.
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Bill Gates to Elon Musk — A look at the hobbies of tech billionaires
Livemint
·
1y ago
Medial
Tech billionaires like Bill Gates, Elon Musk, Sundar Pichai, Jeff Bezos, Mark Zuckerberg, and Tim Cook have various hobbies and interests outside of their work. Bill Gates enjoys reading, collecting rare books and cars, playing bridge, and spending time with his family. Elon Musk is an avid gamer, enjoys performing magic tricks, and collects memorabilia. Sundar Pichai supports FC Barcelona, loves cricket, and has a passion for football. Jeff Bezos enjoys aviation, horseback riding, cave exploring, and space visits. Mark Zuckerberg follows mixed martial arts, extreme sports, recreational aviation, and plays the guitar. Tim Cook enjoys rock climbing, cycling, hiking, visiting national parks, and reading. Sam Altman, founder of OpenAI, has a passion for racing cars and flying planes.
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Jeff Bezos is just $8 billion away from overtaking Elon Musk to become the world's wealthiest person once more
Business Insider
·
1y ago
Medial
Amazon founder Jeff Bezos is closing in on overtaking Elon Musk as the world's wealthiest person, with just an $8 billion difference between them. Bezos has seen a rise of $20 billion in his estimated wealth, primarily due to a 13% increase in Amazon stock. In contrast, Musk's fortune has dropped by $24 billion, mostly due to a 24% decline in Tesla stock. Bezos is now just 4% behind Musk and could surpass him if Amazon continues to rise or Tesla continues to fall.
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Hurun Global Rich List 2025: Tech rules with Musk, Bezos, Zuckerberg leading wealth rankings
Economic Times
·
4m ago
Medial
The Hurun Global Rich List 2025 highlights the prominence of tech entrepreneurs among the world's wealthiest individuals, with Elon Musk, Jeff Bezos, and Mark Zuckerberg occupying the top three positions. Musk remains the richest, with a net worth of $420 billion, while Bezos and Zuckerberg follow with $266 billion and $242 billion, respectively. The list reflects the tech industry's growing influence, particularly in artificial intelligence (AI). Additionally, new billionaires emerged, and global billionaire numbers increased by 5%.
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