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Jeff Bezos will save over $600M in taxes in Seattle-Miami move

Billionaire Jeff Bezos, who recently moved to Miami, will sell more than 50 million Amazon shares over the next year, potentially saving him more than $600 million in taxes. Bezos, the world’s second-richest man, according to the Bloomberg Billionaire Index, last year ditched his longtime digs in Seattle for a glittering estate on the ultra-luxury […]

Democrats to send $600M in federal dollars to California, combat homelessness

California Democratic Sens. Alex Padilla and LaFonza Butler are seeking federal support to curb the state’s spiraling homelessness crisis as officials struggle to address a problem exacerbated by drug addiction and mental illness. It was announced that the budget would provide over $600 million. “As we continue to count the number of people experiencing homelessness […]

Spotify has 600M users, but struggles to turn a profit

Spotify dominates the music streaming market, with around 600 million monthly active listeners and a 30% market share, but the Stockholm-based company has not been able to turn a profit. Spotify has a footprint more than twice that of its next largest competitor, Apple Music, but the leading audio streaming company reported a net loss […]