Here’s how much CEOs at Amazon, McDonald’s, and 13 other lucrative brands earn compared to the typical worker

Here’s how much CEOs at Amazon, McDonald’s, and 13 other lucrative brands earn compared to the typical worker

CEOs made 20 times their median employee’s salary in 1965. As of 2017, at America’s largest companies, that multiple has jumped up to a shocking 312. And, at many companies, the CEO-to-worker compensation ratio is even higher. The CEO of McDonald’s earned 3,101 times the median worker in 2017 ($21,761,052 versus $7,017). That’s partially because…

Amazon is building a dozen satellite transmission facilities that it hopes will extend its lucrative cloud model into space

Amazon is building a dozen satellite transmission facilities that it hopes will extend its lucrative cloud model into space

LAS VEGAS — After expanding from retail sales to cloud computing, Amazon is now getting into satellites. At the Amazon Web Services annual re:invent conference in Las Vegas on Tuesday, the company unveiled plans to build a dozen satellite transmission facilities throughout the world. The so-called „ground stations” are essentially antenna-equipped facilities that can send…

Amazon shares are set to lead a Cyber Monday tech rally while global stocks rebound from a rocky week

Amazon shares are set to lead a Cyber Monday tech rally while global stocks rebound from a rocky week

Global stocks are enjoying a relief rally, led by a tech revival in the US and optimism around Italy’s budget deal with the EU, after a volatile week that was capped by the worst Black Friday trading day since 2010. US futures rallied while shares of Amazon soared in premarket trading, up 2.7%. It’s a…

Amazon has a little-known program for businesses that’s on track to hit $10 billion in sales this year — here’s how it works

Amazon has a little-known program for businesses that’s on track to hit $10 billion in sales this year — here’s how it works

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Customers who register for an Amazon Business account in the UK, Germany, France, and Spain can receive 50% off their first £100 spend on Amazon Business, from November…

‚Amazon will fail. Amazon will go bankrupt’: Jeff Bezos makes surprise admission about Amazon’s lifespan

‚Amazon will fail. Amazon will go bankrupt’: Jeff Bezos makes surprise admission about Amazon’s lifespan

Amazon CEO Jeff Bezos made a stunning acknowledgment last week in an all-hands meeting, a recording of which was heard by CNBC. With the company valued at just shy of $1 trillion and Bezos being the richest man in modern history, the Amazon CEO said his 24-year-old firm was far from invincible. Read more: Creditors…

Amazon took 18 years to hit a market cap of $250 billion. It lost that much in 8 weeks in the tech stock mauling

Amazon took 18 years to hit a market cap of $250 billion. It lost that much in 8 weeks in the tech stock mauling

If the giant scale of America’s first trillion-dollar companies Apple and Amazon can make movements in their stock price seem a little abstract, then Fortune provided some timely context on Monday. The publication pointed out just how marked Amazon’s share price decline has been in recent weeks, with a little bit of history about the…

Amazon is opening a new office in Manchester as it makes a big bet on research and development in the UK

Amazon is opening a new office in Manchester as it makes a big bet on research and development in the UK

Amazon has that it’s opening up a new office in Manchester, and investing in 1,000 additional research and development jobs in the UK. Amazon’s new Manchester office will open in 2019 and will be based in the Hanover Building in the city’s Northern Quarter. It will be big enough to eventually house 600 staff. UK…

Amazon uses a fake name from the TV show ‚Seinfeld’ to hide a secret datacenter in Virginia, according to WikiLeaks

Amazon uses a fake name from the TV show ‚Seinfeld’ to hide a secret datacenter in Virginia, according to WikiLeaks

WikiLeaks has published the exact location of over 100 of Amazon’s data centers for the first time on Thursday. Previously, only the general area of these data centers was known for security reasons. WikiLeaks reports that to keep these locations secretive, Amazon uses various pseudonyms for each facility. Most notably, at its IAD77 data center…

Amazon will reportedly release its own Alexa-enabled microwave, plus a bunch of other gadgets, later this year

Amazon will reportedly release its own Alexa-enabled microwave, plus a bunch of other gadgets, later this year

Later this year, Amazon is planning to release at least eight new devices that come with Alexa, its smart voice assistant, according to CNBC— including a microwave oven. Beyond that microwave, the devices are said to include an amplifier, a receiver, a subwoofer, and some kind of gadget for your car. Some of these devices…

Amazon investigates staff bribery claims

Amazon investigates staff bribery claims

Image copyright Getty Images Amazon is investigating claims that its employees accepted bribes in exchange for leaking confidential sales data. Independent sellers were also allowed to delete negative reviews and restore banned accounts for payments of between $80 (£61; €69) and $2,000, according to allegations in the Wall Street Journal. The Journal said the practice…