Amazon becomes second $1 trillion company in US
New York, Sep 4 : Amazon on Tuesday became the second US public company after Apple to hit the $1 trillion valuation mark.
Last month, Apple became the first US company to become a $1 trillion company.
According to a report in CBS News, Amazon shares hit $2,050.49 -- climbing 1.5 per cent in the morning trade -- bringing the company's market value above $1 trillion.
Amazon Founder Jeff Bezos is already the richest person on Earth, with a net worth surpassing $150 billion.
He owns over 16 per cent of Amazon which he founded in a garage in Seattle in 1994.
Apple became the first $1 trillion company last month. The Cupertino-based iPhone-maker is currently worth about $1.1 trillion.
Google's parent company Alphabet Inc and Microsoft are fast approaching the $900 billion mark, reports said.
Facebook -- which crossed $500 billion in 2017 -- is not growing much owing to a massive data privacy scandal amid falling user base.
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Nagaland bypoll: Over 59 pc voter turnout recorded in Koridang seat till 1 pm
Kohima (PTI): More than 59 per cent of 22,382 electors exercised their franchise in Nagaland's Koridang assembly bypoll till 1 pm on Thursday, officials said.
The voting that commenced at 7 am across all 30 polling stations has so far been peaceful, they said.
The polling will continue till 4 pm.
"The voter turnout was 59.52 per cent till 1 pm. Polling has been peaceful," an Election Commission official said.
Security has been tightened across the constituency following violence on April 5 and 6, in which one person died, and several vehicles were damaged.
The byelection was necessitated by the demise of sitting BJP MLA Imkong L. Imchen in November last year.
A total of 22,382 electors, including 11,071 women, are eligible to decide the fate of six candidates in the fray.
The BJP, which is part of the ruling People's Democratic Alliance (PDA), has fielded the deceased MLA's son Daochier I. Imchen, while the Congress has nominated T. Chalukumba Ao for the seat. The NPP candidate is I Abenjang, and the Independents are Imchatoba Imchen, Imtiwapang, and Toshikaba.
All the candidates have exercised their franchise in the respective polling stations in the first hour of polling, the officials said.
Of the 30 polling stations, 13 have been categorised as vulnerable and 17 as critical, prompting deployment of additional security personnel and intensified surveillance. Two polling stations have been designated as all-women booths.
Counting of votes is scheduled for May 4.
