Jeff Bezos, who is both famously uncharitable and the wealthiest man in modern history, announced today via a tweet that heād be allocating $2 billionāa little over 1 percent of his net worthāto housing and educating underserved communities. So, whereās the catch?
Weāre up for a big week in the news, folks. Thereās a lot going to happen, from Appleās big September 12th announcement event to the notably less fun Hurricane Florence, which is currently projected to barrel into the East Coast at a minimum Category 3 status or possibly even worse before the weekend. As the presidentā¦
The workers of Whole Foods, the health-focused grocery chain purchased by Amazon just over one year ago, are beginning to organize.
Bernie Sanders introduced a bill today that culminates weeks of feuding between the Vermont senator and Amazon, a company he views as indicative of a ārigged economyā that rewards the rich and harms workers.
Amazon took the time this morning to respond to Senator Bernie Sanders in a blog post where the company decried his āmisleading statements about pay and benefits.ā We can (and will) address the many counter-claims the company makes. But the inescapable question resulting from this response by a usually tight-lipped,ā¦
The second day of a three-day strike by Amazon warehouse workers near Madrid coinciding with the e-commerce giantās Prime Day promotion escalated significantly on Tuesday, with trade unions telling Spanish newspaper PĆŗblico that police in riot gear had charged the strikers multiple times on supposed grounds they wereā¦
Amazonās malign power has grown to the point where for several years now, it has declared its own holiday, Prime Day, which is essentially centered around giving it huge amounts of money while ignoring that it is maybe evil. This yearās Prime Day is especially special, because the Bloomberg Billionaires Index hasā¦
Amazon, as you may know, is experiencing some technical issues during Prime Day. It appears similar snags have crippled the platforms Amazon uses to coordinate its last-mile contractor workforce, known as Amazon Flex.
Thousands of Amazon workers in Europe seeking better conditions and pay are engaged in a coordinated strike meant to coincide with Prime Day, the companyās invented shopping holiday.
Amazon founder Jeff Bezos is making rapid progress on his plan to leave all of us poor suckers behind on this godforsaken planet, and he plans to start selling tickets for suborbital space flights in 2019. On Friday, a new report claimed that the right to be a Blue Origin guinea pig will cost $200,000 to $300,000.
E-commerce giant Amazon wiped out nearly $15 billion in value from Walgreens, CVS, and Rite Aid this week when it announced a nearly $1 billion deal to acquire PillPack, an online prescription service, sending the competition scrambling for cover. Itās unclear just how Amazon plans on integrating PillPack into theā¦
Private space company Blue Origin announced that it plans to sell suborbital spaceflight tickets to aspiring space tourists starting next year. No price was given, but the company said it expects to conduct the first passenger tests of the New Shepard launch system āsoon.ā
In between bragging, retweeting himself, and managing to repeat the phrase āRussian Collusionā four times in one tweet, Donald Trump found the time on Sunday to rev back up his ongoing feud with billionaire Jeff Bezos, who controls two companies the president hates: Amazon and the Washington Post. Though the presidentā¦
At the beating heart of Amazonās unstoppable ecommerce expansion is a very basic promise: jobs.
Less than a month after unanimously passing a contentious tax on big business, Seattleās city council has voted to repeal the so-called āhead tax.ā Against the fervent protestations of residents and local coalitionsāwhich were extended to a full hour of testimonyācouncil members voted 7-2 to pulled the plug on whatā¦
Factory workers in China tasked with building Amazonās popular Echo speakers and Kindle e-readers are exposed to horrendous work environments and conditions that often are in violation of Chinese law, a recent report from a watchdog group found.
Amazon CEO Jeff Bezosā plans to splurge some of his jaw-dropping wealth pushing his private spaceflight company Blue Origin towards the business of moon colonizationāthink Elon Muskās dreams of a SpaceX-backed colony on Mars, but much less likely to get everyone involved killedādropped last year.
The Post Office is an unusual agency. For starters, it has a legal monopoly (weird!), is explicitly enshrined in the Constitution, and despite being part of the federal government, itās operated more like a corporation. All an average person needs to know is that mail goes in a mailbox, and, with relative expedience,ā¦
Earlier this year, billionaires Jeff Bezos, Warren Buffett, and Jamie Dimon promised to launch a new partnership that would upend the healthcare industry and lower the cost of care for the employees of their very large companies. That has yet to come to fruition, in large part due to one very big problem: they canātā¦
In a unanimous decision (9-0) yesterday, the Seattle City Council approved a version of the āhead taxā planāa progressive tax on big businesses to combat homelessness in the cityāputting an end to months of fierce debate.
