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Amazon CEO Sold $63 Million in Stock

amlogo.gifOn the eve of the Amazon.com Inc. press conference, one financial reporter noticed that Jeff Bezos has sold off millions of dollars in company stock. According to stock sales aggregated by The Pragmatic Capitalist, the Amazon CEO sold more than $63 million worth of Amazon stock on May 1st–joining a list of other executives selling off stock.

Business Insider speculated about the sell-off: “If nothing else, it means that a lot of executives probably saw the abyss (a violent drop from the ranks of the wealthy to poor) and want to de-risk to ensure that no matter what happens to their stock, they’ve taken some skin out of the game.”

No matter what it means, GalleyCat will be at Amazon’s press conference tomorrow, most likely bringing you news of large-screen Amazon Kindles and a digital textbooks. (Via The Awl)

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.