Latest Jeff Bezos News

Amazon founder gives $5M for homeless families in Spokane

Nov. 22, 2019 11:50 AM EST

SPOKANE, Wash. (AP) — Amazon founder Jeff Bezos will donate $5 million to help create housing for homeless families in Spokane. The Spokesman-Review says Bezos will donate the money to Catholic Charities of Eastern Washington. The money comes from the Bezos Day One Families Fund. Most of it is destined for...

Amazon says it’s considered face scanning in Ring doorbells

Nov. 19, 2019 8:34 PM EST

Amazon has considered adding facial recognition technology to its Ring doorbell cameras, according to a letter to a U.S. senator defending its video-sharing partnerships with police. The company told Sen. Ed Markey that facial recognition is a “contemplated, but unreleased feature” of its home...

Amazon donates to new homeless shelter near new headquarters

Nov. 19, 2019 9:08 AM EST

ALEXANDRIA, Va. (AP) — Amazon has donated $300,000 to a nonprofit that is building a homeless shelter in northern Virginia. The Washington Post reported Monday that the donation is an example of how the company is trying to be a good corporate citizen in an area where it’s building a second...

Amazon appeals $10B Pentagon contract won by Microsoft

Nov. 14, 2019 8:00 PM EST

SAN FRANCISCO (AP) — Amazon is protesting the Pentagon’s decision to award a $10 billion cloud-computing contract to Microsoft, citing “unmistakable bias” in the process. Amazon’s competitive bid for the “war cloud” project drew criticism from President Donald...

SpaceX launches 60 more mini satellites for global internet

Nov. 11, 2019 11:49 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX launched 60 mini satellites Monday, the second batch of an orbiting network meant to provide global internet coverage. The Falcon rocket blasted into the morning sky, marking the unprecedented fourth flight of a booster for SpaceX. The compact flat-panel satellites...

Pentagon awaits possible Amazon challenge over cloud deal

Nov. 1, 2019 1:11 PM EDT

Amazon must decide soon if it will protest the Pentagon's awarding of a $10 billion cloud computing contract to rival Microsoft, with one possible grievance being the unusual attention given the project by President Donald Trump. Amazon was long thought to be the front-runner in the competition for the huge...

Correction: Amazon-City Council Spending story

Oct. 30, 2019 2:46 PM EDT

SEATTLE (AP) — In a story Oct. 29 about Amazon's contributions to the Seattle City Council elections, The Associated Press misspelled the last name of a council member. It is Lorena González, not Gonzáles. A corrected version of the story is below: Amazon hopes $1.5 mil elects pro-business...

Report: Saudi Aramco shares to start trading in December

Oct. 29, 2019 2:09 PM EDT

RIYADH, Saudi Arabia (AP) — A long-delayed initial public offering of the state-run oil giant Saudi Aramco will see its shares traded on Riyadh's stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom's showcase investment forum began. The report by Dubai-based...

Correction: Amazon-Results story

Oct. 28, 2019 5:25 PM EDT

NEW YORK (AP) — In a story Oct. 24 about Amazon's third-quarter earnings, The Associated Press misstated how much the shift to one-day shipping will cost the company. The $1.5 billion figure is in addition to what Amazon has previously spent on one-day shipping, not the total amount. A corrected version of...

Investors return to Saudi Arabia as lucrative oil IPO looms

Oct. 28, 2019 3:42 PM EDT

RIYADH, Saudi Arabia (AP) — Lured by a long-looming stock offering of Saudi Arabia's massive state-run oil company, investors and business leaders have returned to the kingdom's capital for an investment forum that was overshadowed last year by the assassination of Washington Post columnist Jamal...