Recent Blog Posts
-
Mapping Company Raises Millions
Nov 20 20094:09 pm EDT -
Facebook Valuations Are All Over the Map
Nov 20 200911:30 am EDT -
The Future of Tech, 2010 Edition
Nov 20 20099:13 am EDT -
Automatic Pancake-Making Machine Attracts $2 Million in Capital
Nov 19 20094:53 pm EDT -
Apple Talk of Microsoft's Annual Meeting
Nov 19 20091:27 pm EDT -
There Is Still Hope for the News Business
Nov 19 200911:50 am EDT -
The Google Phone May Be Near
Nov 18 20094:10 pm EDT -
Amazon Grocery Service Goes Mobile with iPhone
Nov 18 20099:13 am EDT -
How Microsoft Blew It in Mobile
Nov 17 20093:55 pm EDT -
Ten Reasons Why Startups Fail
Nov 17 20092:18 pm EDT
Links
- Engadget
- Pandora
- GigaOM
- USA TODAY Tech
- Todd Bishop's Microsoft Blog
- Somewhat Frank's tech conference list
- BuzzTracker Tech
- The Long Tail
- Tom Foremski
- Roger McGuinn's Folk Den
- John Battelle's SearchBlog
- Mark Cuban's blog
- SciTech Daily
- Romenesko
- Kevin Maney's site
- Steven Johnson
- Marc Andreessen
- TechCrunch
- Fred Wilson
- paidContent
- Spiedies, mmmm
Bezos Makes Billions in a Day as Amazon Shares Soar
TechFlash reports: Why is Jeff Bezos smiling? It could be because the Amazon CEO benefited handsomely from his company's huge stock surge Friday. Bezos saw the value of his Amazon stock increase by about $2.36 billion in one day. Amazon's stock hit an all-time high Friday—besting its peak during the dotcom boom—after the company reported a 68 percent increase in third-quarter profit and gave a rosy holiday forecast.
An Amazon filing with the Securities and Exchange Commission showed Bezos owned 94,158,586 shares of company stock as of August 18. Amazon stock jumped more than 26 percent today to close at $118.49, meaning Bezos' shares gained about $2.36 billion in value.
The total value of his stock is now $11.16 billion, based on the August SEC filing.
Eric Engleman writes for TechFlash, the Puget Sound Business Journal's technology blog.
