Latest Jeff Bezos News
Philanthropist MacKenzie Scott reveals another $2 billion in donations in 2024
NEW YORK (AP) — Billionaire author and philanthropist MacKenzie Scott acknowledged another $2 billion in donations in a blog post on Wednesday, bringing the total she’s given away since 2019 to $19.2 billion. She also revealed new information about how she was managing her...
MacKenzie Scott gives rare third gift to medical debt relief group
MacKenzie Scott continues to make medical debt relief a priority in her mysterious giving. This week, Undue Medical Debt, formerly RIP Medical Debt, announced it had received a rare third gift — $50 million — from the billionaire philanthropist, signaling her satisfaction with...
What does Big Tech hope to gain from warming up to Trump?
NEW YORK (AP) — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple's Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank's Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world...
Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts
The Chronicle’s annual list of the biggest charitable donations from individuals or their foundations totaled nearly $6 billion in 2024, with half of that coming from three contributions of $1 billion or more each. Two of those three gifts went to medical schools to provide financial aid....
Trump says he's a 'believer' in polio vaccine, and other news conference takeaways
President-elect Donald Trump on Monday held a wide-ranging news conference in which he said he would preserve access to the polio vaccine but equivocated on other vaccines, pledged to look at bringing down the costs of pharmaceuticals and expressed doubts that his daughter-in-law might be Florida's...
Trump hosts Apple CEO at Mar-a-Lago as big tech leaders continue outreach to president-elect
WEST PALM BEACH, Fla. (AP) — Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect's Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Cook is the latest in a string of big tech leaders...
Amazon to contribute $1 million to Trump’s inauguration fund. Meta is also donating $1M
NEW YORK (AP) — Amazon is planning to donate $1 million to President-elect Donald Trump's inauguration fund, a move that comes as major tech companies seek to improve their relationship with the incoming president. A company spokesperson confirmed Thursday evening that the...
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
NEW YORK (AP) — Amazon founder Jeff Bezos said Wednesday he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years. “I’m actually very optimistic this time around,” Bezos...
What billionaires and their advisers say keeps them from giving more and faster
Marie Dageville and her husband Benoit Dageville became billionaires overnight when his data cloud company, Snowflake, went public in September 2020. After that life changing moment, Marie, a former hospice nurse, then set out to learn how to urgently give away that new fortune. ...
Retailers coax Black Friday shoppers into stores with big discounts and giveaways
NEW YORK (AP) — Retailers used giveaways and big discounts to reward U.S. shoppers who ventured out for Black Friday even as earlier offers, the prospect of better bargains in the days ahead and the ease of e-commerce drained much of the excitement from the holiday shopping season's much-hyped...