Breaking: Jeff Bezos Sells $2 Billion in Amazon Shares to Fund Space Company; E-commerce, Gambling, and Music Production Top News

$2 Billion Worth of Shares Sold

Jeff Bezos, founder and largest shareholder of Amazon, recently sold approximately twelve million shares in the online retail and cloud service provider for $2 billion (1.86 billion euros). This sale took place on Wednesday and Thursday. Last week, Amazon announced that Bezos would sell up to 50 million shares by January 31, 2025.

The sale of shares has sparked speculation 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% in the previous year, with a market capitalization of $1.812 trillion, making it currently the fourth most valuable company in the USA behind Microsoft, Apple, and Google parent company Alphabet.

In other news, there are discussions about the benefits of hosting with Shopify for eCommerce businesses. There are also debates over live dealer games in online gambling and various types of firearm accessories for sale. Additionally, there are tips on transferring a website to a new host and a guide to hosting with Squarespace, as well as discussions about music production and the best computers for it among other topics.

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