Latest Jeff Bezos News

What does Big Tech hope to gain from warming up to Trump?

Dec. 17, 2024 18:55 PM EST

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

Dec. 17, 2024 11:05 AM EST

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

Dec. 16, 2024 17:18 PM EST

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

Dec. 13, 2024 21:02 PM EST

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

Dec. 12, 2024 21:42 PM EST

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

Dec. 04, 2024 20:28 PM EST

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

Dec. 02, 2024 12:24 PM EST

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

Nov. 29, 2024 18:15 PM EST

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...

Amazon workers in India join Black Friday strike action for better wages and working conditions

Nov. 29, 2024 10:43 AM EST

NEW DELHI (AP) — Amazon staff in India have joined strike action calling for better wages and working conditions as the company prepares for one of the busiest shopping periods of the year. About 200 warehouse workers and delivery drivers rallied in the capital, New Delhi, under a...

Washington Post report: Subscriber loss after non-endorsement reaches a quarter million

Oct. 30, 2024 18:32 PM EDT

The Washington Post has lost at least 250,000 subscribers since announcing last Friday that it would not endorse a candidate for president — roughly 10 percent of its digital following, the newspaper reported Wednesday. The Post would not officially confirm that figure, saying it...