Feeds

Book votes man as book of the year

Amazon's Bezos gets Person of the Year gong from magazine

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

Amazon.com billionaire Jeff Bezos was yesterday named Time magazine's Person of the Year. At 35, the Internet shopping guru is one of the youngest people ever to grab the title – putting him in the company of royalty and revolutionaries. After four years, Amazon.com is worth an estimated £13 billion – more than the combined value of its two biggest competitors Barnes & Noble and Borders. And Bezos' own fortune is said to have already hit the £4 billion mark. The company, which started as an online bookshop but now stocks everything from home improvement to toys, expects sales of £5 billion this year. It has 13.1 million customers and 2,100 staff, but has yet to make a profit. Time managing editor Walter Isaacson said: "Bezos is a person who not only changed the way we do things, but helped pave the way for the future. "E-commerce has been around for four or five years, but 1999 was a time in which e-commerce and dotcom mania reached a peak and really affected all of us," Metro newspaper reported. Bezos said the award was "an incredible and humbling honour". Bezos is the fourth youngest person to be named Time Person of the Year, after Charles Lindbergh, 25 in 1927, Queen Elizabeth II, 26 in 1952, and Martin Luther King, 34 in 1963. ® Related stories: Round one to Amazon in Click-1 fight Outage hits Amazon sites Amazon.com sues Amazon.gr

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.