Web

Jeff Bezos is now the third richest person in the U.S. after surprising Amazon profits

amazon planning new standalone music streaming service lawsuit
Ken Wolter/Shutterstock
A better-than-expected earnings report from Amazon on Thursday saw its stock rise sharply, making a bunch of investors very happy in the process. The biggest smile, however, is likely to be on the face of Jeff Bezos, the man who steers the good ship Amazon, and who – thanks to that stock rise – has just become the third richest person in the U.S.

More famous for being in the red than in the black, Amazon’s Q3 results showed the company is on something of a roll as it announced healthy profits for the second consecutive quarter.

The resulting stock market movement on Thursday saw Bezos’s net worth increase by around $5 billion, taking his fortune to a colossal $55 billion, Bloomberg reported.

The boost saw Bezos sail past businessman brothers Charles and David Koch into third place, settling in behind Bill Gates and Warren Buffett.

In global terms, Bezos has jumped 15 places since the start of the year to become the fifth wealthiest person on the planet.

Amazon announced it made a net profit of $79 million in the quarter ending September 30, a notable figure considering the same period a year earlier saw a $437 million loss. Revenue for the latest quarter reached $25.4 billion, marking a 23 percent increase on a year earlier.

The 21-year-old business encompasses not only its gargantuan online store but also other products and services such as its AWS cloud-computing division. In fact, it was the cloud business that was key in helping Amazon to push into the black in Q3.

Keen to communicate just how busy the last three months have been for the Seattle-based company, Amazon listed 33 “highlights” in its report, including new mobile device releases, new Fire TV gadgets, more online ventures such as its Etsy rival “Handmade,” and of course its deal with the former Top Gear presenters for a brand new car show.

Computing

Google denies claim that it’s tracking internet users when incognito mode is on

Google is denying claims leveled against it by rival privacy-focused search engine DuckDuckGo. The rival alleged that even when incognito mode is on, Google is tracking users in order to deliver personalized search results.
Smart Home

The best washing machines make laundry day a little less of a chore

It takes a special kind of person to love doing laundry, but the right machine can help make this chore a little easier. Check out our picks for the best washing machines on the market right now.
Emerging Tech

The 20 best tech toys for kids will make you wish you were 10 again

Looking for the perfect toy or gadget for your child? Thankfully, we've rounded up some of our personal favorite tech toys, including microscopes, computer kits, and a spherical droid from a galaxy far, far away.
Computing

How to change your Gmail password in just a few quick steps

Regularly updating your passwords is a good way to stay secure online, but each site and service has their own way of doing it. Here's a quick guide on how to change your Gmail password in a few short steps.
Computing

Tired of paying a monthly fee for Word? The best Microsoft Office alternatives

Looking for a competent word processor that isn't Microsoft Word? Thankfully, the best alternatives to Microsoft Office offer robust features, expansive compatibility, and an all-too-familiar aesthetic. Here are our favorites.
Web

Google’s updated Santa Tracker entertains and teaches coding throughout December

Google's Santa Tracker is in its fifteenth year and is back again with even more features. You can have fun with more than 20 games, learn about different holiday traditions around the world, and enjoy some festive animations.
Computing

Microsoft is ‘handing even more of online life’ to Google, Mozilla CEO says

Not everyone is happy with Microsoft's switch to Google's Chromium engine. In a new blog post, Mozilla CEO Chris Beard writes that he believes the move is "handing online life control" to Google.
Computing

Worried about your online privacy? We tested the best VPN services

Browsing the web can be less secure than most users would hope. If that concerns you, a virtual private network — aka a VPN — is a decent solution. Check out a few of the best VPN services on the market.
Computing

Edit, sign, append, and save with six of the best PDF editors

There are plenty of PDF editors to be had online, and though the selection is robust, finding a solid solution with the tools you need can be tough. Here, we've rounded up best PDF editors, so you can edit no matter your budget or OS.
Computing

How to easily record your laptop screen with apps you already have

Learning how to record your computer screen shouldn't be a challenge. Lucky for you, our comprehensive guide lays out how to do so using a host of methods, including both free and premium utilities, in both MacOS and Windows 10.
Computing

From beautiful to downright weird, check out these great dual monitor wallpapers

Multitasking with two monitors doesn't necessarily mean you need to split your screens with two separate wallpapers. From beautiful to downright weird, here are our top sites for finding the best dual monitor wallpapers for you.
Web

Google Translate updated to reduce gender bias in its translations

Google is changing how Google Translate offers translations. Previously when you entered a word like doctor, Translate would offer a masculine interpretation of the word. Now, Translate will offer both masculine and feminine versions.
Web

Encryption-busting law passed in Australia may have global privacy implications

Controversial laws have been passed in Australia which oblige tech companies to allow the police to access encrypted messages, undermining the privacy of encryption with potentially global effects.
Web

Can Microsoft’s Airband Initiative close broadband gap for 25M Americans?

A new report from the Federal Communications Commission (FCC) says that 25 million Americans do not have access to broadband internet. Of these, more than 19 million are living in rural communities. Can Microsoft help out?