Amazon's Bezos says Trump should be 'glad' of media scrutiny

Amazon's Bezos says Trump should be 'glad' of media scrutiny

Who would have thought that with all the wealth in the world, the richest man on Planet earth would wore his pair of pajamas in a board meeting. The wealth that Bezos has amassed hasn't come without controversy, as many critics point to poor working conditions at his facilities while others say he doesn't do enough for the public good.

Amazon founder and CEO Jeff Bezos says he is giving $2 billion U.S. to start a fund that will open preschools in low-income neighbourhoods and give money to non-profits that helps homeless families. "If our own great-grandchildren don't have lives better than ours, something has gone very wrong", said Bezos in a statement shared on Twitter.

Amazon CEO Jeff Bezos says a decision is coming on the company's second headquarters but offers no hints.

Bezos has yet to join "The Giving Pledge" created by fellow billionaires Bill and Melinda Gates and Warren Buffett, whose more than 180 signatories have promised to give more than half of their fortunes to philanthropy.

Earlier this month, US Democratic senator Bernie Sanders proposed a bill in Congress called the "Stop BEZOS" Act, which would make large corporations pay workers more or pay for public assistance programs such as Medicaid. After discussing the success of the Washington Post, which Bezos bought in 2013, Rubinstein asked how Bezos responds to criticism - some of which comes from Trump's Twitter feed - of Amazon and the Post. "The secret sauce of Amazon - the number one thing that has made us successful has by far is obsessive, compulsive focus on the customer".

The "Day 1 Academies Fund" will start an organization to operate a new network of full-scholarship pre-schools for low-income communities.

Bezos asked for suggestions for philanthropic focuses in a tweet previous year.

Trend Micro tools removed from Mac App Store over "data exfiltration" claims
Wardle was reportedly alerted by Privacy 1st, so he investigated the app to check what it was actually doing, 9to5Mac reports . In response to this, the developers changed its name to Adware Doctor and that was how it got Apple's approval.

The fight soured many more locals on Amazon and Bezos, and also overshadowed the growing portfolio of philanthropy they had done in the city.

The Bezos Day One Fund will focus on two initiatives, the billionaire announced in an online post Thursday. At the time, he said that he was interested in funding projects to help people at the intersection of urgent need and lasting impact.

"It's risky to demonize the media", Bezos said. "We're going to push through this".

Trump has referred to the Washington Post as Amazon's "chief lobbyist".

"Another way we're raising awareness is through our special #GoGold boxes - you may receive one during September", he added.

Bezos, now the world's richest person, asked Twitter followers a year ago for ideas about how he should shape his "philanthropy strategy".

Related Articles