Amazon's Bezos says Trump should be 'glad' of media scrutiny
Amazon's Bezos says Trump should be 'glad' of media scrutiny
Amazon CEO Jeff Bezos launches a $2 bln philanthropic fund
14 September, 2018, 17:32
At a sold-out Economic Club of Washington event, Bezos did not give any hints of whether Arlington has a leg up on other locations. It's healthy. What the president should say is, this is right, this is good, I'm glad I'm bring scrutinized, and that would be so secure and confident. This is good. I am glad I am getting scrutinized.' But it's really risky to demonize the media.
And taking a look at social media, it's not Bezos alone. "It's unsafe to say they are the enemy of the people".
We're excited today to announce the Bezos Day One Fund.
And US Senator Bernie Sanders has criticised working conditions in Amazon warehouses.
The fund will help organizations and shelters provide services for homeless families and will put money toward building a network of free Montessori-like schools for underprivileged communities. "The media is going to be fine", he said during the conversation with economic club president David Rubenstein.
While the online retail giant's presence made Seattle the fastest-growing big city in the U.S., it also has taken a toll on its residents, driving up rent prices, clogging traffic and overwhelming public transportation. He said he was mulling a philanthropic strategy that is "the opposite of how I mostly spend my time". 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. Business innovators who invent products that empower, authors who write books that inspire, government officials who serve their communities, teachers, doctors, carpenters, entertainers who make us laugh and cry, parents who raise children who go on to live lives of courage and compassion, and many more. The child will be the customer. "The secret sauce of Amazon - the number one thing that has made us successful has by far is obsessive, compulsive focus on the customer". "Bezos' response reflects the reality that people feel, which is that there are a lot of real problems not being addressed".
Jeff Bezos, the founder and CEO of Amazon, just made a long-awaited announcement about what philanthropic causes would benefit from his enormous fortune - which has doubled in one year and is now estimated at more than $160 billion.
This article was written by Christian Davenport and Abha Bhattarai, reporters for The Washington Post.
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