Jeff Bezos, the mastermind behind Amazon.com Inc.’s (AMZN) “everything store,” told employees last week that the company will one day fail, according to an internal meeting heard by CNBC. Lifespan of Large Companies About 30+ Years, Says Bezos At an all-hands meeting last Thursday in Seattle, an employee asked Bezos what lessons he had learned from the...
Amazon.com Inc said on Tuesday it will build offices for up to 25,000 people in New York City’s Queens borough and in Northern Virginia, near Washington, D.C., ending a year-long bidding war for a $5 billion second headquarters that will now be split in two. In addition, Nashville, Tennessee, will be home to Amazon’s new...
Over the coming decades, housing will continue to be transformed from a product into a service. Just like we order an Uber or get noodles delivered to our doorstep without much human interaction, soon we’ll be able to rent, buy, or sell homes nearly instantly with an app. This will be a profound change for...