Tag: jeff bezos

Elon Musk Now World’s Richest Man

<img data-attachment-id="1619558" data-permalink="https://www.thetruthaboutcars.com/2018/04/elon-musk-april-fools-joke/bankupt/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/04/bankupt-e1522691893218.jpg" data-orig-size="1157,1059" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="bankupt elon musk" data-image-description=" Elon was found passed out against a Tesla Model 3, surrounded by "Teslaquilla" bottles, the tracks of dried tears still visible on his cheeks. This is not a forward-looking statement, because, obviously, what's the point? Happy New Month! pic.twitter.com/YcouvFz6Y1 — Elon Musk (@elonmusk) April […]

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Bryan Fogel On His New Jamal Khashoggi Film And How The Streaming Monopolies Restrict Free Speech

Most everyone remembers the Saudi government murdering dissident journalist Jamal Khashoggi at the Saudi embassy in Turkey in 2018. Many also remember Amazon CEO Jeff Bezos getting his phone hacked and his dick pics leaked in alleged extortion attempt some months later. But the piece of the puzzle the public seems to have forgotten is […]

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Mackenzie Scott, Ex-Wife Of Jeff Bezos, Pledges Millions To HBCU’s In Latest Round Of Philanthropy

NewsOne Featured Video Philanthropist Mackenzie Scott recently donated $40 million to Morgan State University, marking it the largest individual donation the historically Black college has received since it was founded. The monies will go towards “student success, spur research and further our strategic plan,” the school stated from its official Twitter account on Tuesday. BIG […]

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The Desperate Last Days of Local News

In April, CNHI also consolidated a number of its northeastern Kentucky weeklies into one daily, for example merging The Morehead News with a paper covering a town 55 miles away. “Many dailies have swallowed up sister weeklies, but it’s unusual if not unprecedented for such consolidation over such a distance,” Cross wrote. In the following months, Indiana, Iowa, […]

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Elon Musk’s Big Government Grift

The world’s second-richest man—and second-most irritating Twitter user, after the president—has moved to Texas. After months of complaining about Covid-19 shutdowns affecting his factories, while also predicting in March that the virus would be almost gone by the end of April, Elon Musk announced Tuesday at a Wall Street Journal conference that he has bailed […]

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Monetizing the Final Frontier

History, of course, would suggest that treaties crumble when serious money comes into play. Western settlers signed treaties with indigenous people in the Americas, then ignored them, as Lucianne Walkowicz, an astronomer at the Adler Planetarium and another cofounder of the JustSpace Alliance, noted. “In many cases,” she told me, “treaties are good until somebody […]

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U.S. Senators ask Amazon about employee tracking and union-blocking allegations

(Reuters) — Four Democratic U.S. senators on Thursday sent a letter to Amazon.com’s Chief Executive Jeff Bezos, demanding answers over its alleged moves to track and monitor employees and limit efforts to form unions. Democratic senators Brian Schatz, Elizabeth Warren, Bernie Sanders and Kirsten Gillibrand asked the company for details on the steps it takes […]

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Jeff Bezos and the Golden Age of Climate Hypocrisy

Of course Jeff Bezos is giving money to Republicans. On Tuesday, during Amazon’s annual sale event known as Prime Day, E&E News reported that the same month that Amazon announced a Climate Pledge to offset more carbon dioxide than it produces, Amazon’s Political Action Committee donated $20,500 to besieged Republican candidates. Overall, from January 2019 […]

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The Obscenity of Amazon Prime Day in a Pandemic

This year, in the lead-up to Amazon Prime Day, Forbes reported that Jeff Bezos and his ex-wife Mackenzie Scott had respectively gotten $8.8 billion and $3 billion richer over the course of a week, thanks to a rebound in Amazon share prices. Because Bezos’s fortune has grown so astronomically throughout the pandemic—that is, during the […]

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Amazon Workers Went to Jeff Bezos’ $165 Million Mansion to Ask For a $2 Raise

Former Amazon workers and labor activists held a rally at Amazon CEO and founder Jeff Bezos’ $165 million mansion in Beverly Hills on Sunday, demanding higher wages, better benefits, and increased safety precautions at Amazon warehouses to keep workers safe from coronavirus. Around 100 people gathered at Will Rogers Memorial Park and then marched to […]

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WhyLabs raises $4 million to grow AI and data monitoring platform

WhyLabs is launching out of stealth today with $4 million to grow its platform for data scientists who need help monitoring and troubleshooting problems they encounter with datasets or AI models. The goal is to help teams managing machine learning models save time and catch problems before they make trouble for businesses or customers. Though […]

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Amazon Says It Was Not Price Gouging During the Pandemic When It Sold Toilet Paper for $36

Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts on September 19, 2019 in Washington, DC. (Photo by Eric BARADAT / AFP via Getty Images) Amazon and its third-party sellers saddled customers with astronomical price increases on essential products such as toilet paper, face masks, and hand sanitizer after […]

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News publishers seek the same App Store terms Apple gives Amazon

(Reuters) — Major news publishers are seeking more favorable terms from Apple on commissions the iPhone maker collects from them on payments made through its app store, according to a letter posted by a trade body on Thursday. Digital Content Next (DCN), which represents New York Times, the Washington Post, the Wall Street Journal and […]

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The Pandemic Is a Perfect Time to Soak the Rich

Last week, while as many as 25 million laid-off workers lost their weekly $600 federal unemployment supplement and Congress bickered over government aid for people cut off from their income, Amazon Chief Executive Officer Jeff Bezos sold over $3 billion in his company’s stock. That sell-off came after several consecutive weeks of Bezos’s and other […]

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Antitrust experts weigh in on breaking up Amazon, Apple, Facebook, and Google

Gary Reback is perhaps best known as the lawyer who helped convince the U.S. Department of Justice to bring an antitrust lawsuit against Microsoft in the 1990s. He watched the majority of the House Judiciary Committee hearing earlier this week with Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai, and Facebook […]

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Tech Companies Report Huge Profits as 40 Million Americans Face Evictions

A day after a congressional antitrust hearing where lawmakers questioned the CEOs of Amazon, Apple, Alphabet, and Facebook, those companies reported earnings that show they’ve made billions during a pandemic that has put 40 million Americans at risk of eviction.   On Thursday, e-commerce giant Amazon reported $88.9 billion in net sales this financial quarter (up […]

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Antitrust hearing: Amazon, Facebook, and Google were questioned 2x more than Apple

At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai over Webex. But they weren’t all questioned equally. Most of the questions were directed at Bezos, Zuckerberg, and Pichai — each of […]

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Amazon CEO Jeff Bezos ‘can’t guarantee’ policy against using seller specific data hasn’t been violated

At the “Online Platforms and Market Power” virtual antitrust hearing today, Amazon CEO Jeff Bezos spoke about a policy that is meant to prevent the company from using seller specific data to help it determine what products it should manufacture and sell itself. “What I can tell you is, we have a policy against using […]

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Whole Foods Sued by Employees Over Black Lives Matter Masks

Photo: SAUL LOEB (Getty Images) Amazon was one of many companies that spoke out in favor of the Black Lives Matter movement as protests against systemic racism and police violence intensified. Many looked at the move with a side-eye considering the company’s questionable labor practices and the frequent allegations of racial bias that exist within […]

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