Tag Archives: Jeff Bezos

The Guardian reports: The Amazon billionaire Jeff Bezos had his mobile phone “hacked” in 2018 after receiving a WhatsApp message that had apparently been sent from the personal account of the crown prince of Saudi Arabia, sources have told the Guardian. The encrypted message from the number used by Mohammed bin Salman is believed to have included a malicious file …

Bloomberg News reports: In 2019, the world’s richest 500 people saw their collective net worth jump by 25 percent or $1.2 trillion, according to the Bloomberg Billionaires Index published Friday. Combined, the collective net worth of the world’s 500 wealthiest individuals totaled $5.9 trillion. American billionaires alone added $500 billion to their wealth, with Facebook CEO Mark Zuckerberg gaining $27.3 …

NBC News reports: Amazon says President Donald Trump launched “behind-the-scenes attacks” against the company, which led to it losing out on a major contract for cloud services. In a heavily redacted, 103-page document made public Monday, Amazon Web Services lays out why it’s protesting the Department of Defense’s decision to award Microsoft the JEDI (Joint Enterprise Defense Infrastructure) contract. AWS …

Politico reports: Amazon is going to court to overturn the Pentagon’s decision to award Microsoft a cloud computing contract worth up to $10 billion, claiming the selection process for the so-called JEDI program was injected with “unmistakable bias” and “political influence.” The Pentagon last month named Microsoft the winner in the Joint Enterprise Defense Infrastructure program after President Donald Trump …

The New York Times reports: President Trump said today that he was looking “very seriously” at intervening in the hard-fought commercial battle for a $10 billion Pentagon cloud computing contract for which Amazon, a company he has frequently attacked, is seen as the leading contender. For the president to weigh in on the award of a major government contract would …

Yahoo Finance reports: Two months ago, Amazon.com Inc. halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products. Suppliers breathed a sigh of relief. Now a larger, more permanent purge is coming that will upend the …

Vox reports: Less than two months after finalizing her divorce from the world’s richest person, MacKenzie Bezos has indicated that she intends to be a far more generous philanthropist than her husband has ever been. MacKenzie Bezos announced in a letter on Tuesday that she had signed the Giving Pledge, a commitment to give half of her $35 billion in …

The Washington Post reports: Ending an association between a longtime friend of President Trump and the tabloid that favored him during the 2016 election, American Media Inc. LLC (AMI) is selling the National Enquirer for $100 million to James Cohen, CEO of Hudson News. The supermarket tabloid, along with two sister publications, will be purchased by the head of the …

The New York Times reports: The owners of The National Enquirer are in talks to sell the tabloid to the California billionaire Ronald W. Burkle, according to two people with direct knowledge of the negotiations. An acquisition of The Enquirer by Mr. Burkle, a Democratic donor with close ties to President Bill Clinton, could raise eyebrows in Washington given President …

NBC News reports: Amazon CEO Jeff Bezos and MacKenzie Bezos, have finalized their divorce. The powerful business executive, whose portfolio includes The Washington Post, and his now-former wife announced the dissolution of their marriage in separate statements on Twitter. “Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone who reached …

CNBC reports: Online shopping led by Amazon hit a new milestone in February. The total market share of “non-store,” or online U.S. retail sales was higher than general sales for the first time in history, according to a report from the Commerce Department this week. Non-store retail sales last month accounted for 11.813 percent of the total, compared with 11.807 …

The Huffington Post reports: Contrary to Jeff Bezos’ suspicions, it wasn’t the White House, Saudi Arabia or hackers who provided the National Enquirer with the cache of racy text messages that the Amazon founder sent to his girlfriend. Instead, according to a new report by The Wall Street Journal, it was her brother who shared the private messages with the …

Forbes reports: Capitalism is taking some lumps—and not just in the headlines. For only the second year in a decade, both the number of billionaires and their total wealth shrank, proving that even the wealthiest are not immune to economic forces and weak stock markets. By our latest count there are 2,153 billionaires, 55 fewer than a year ago. Of …

CNBC reports: Amazon says it will not build a headquarters in New York following mounting opposition, the company said in a statement Thursday. Last week, The Washington Post first reported that Amazon executives were considering backing out of its planned move to New York City. New York Governor Andrew Cuomo had warned at a news conference last week following the …

Bloomberg reports: The publisher of the National Enquirer, currently under attack by Amazon.com Inc. founder Jeff Bezos, has been facing steep financial losses that have left the once-loyal keeper of Donald Trump’s secrets with more than $1 billion in debt and a negative net worth. The closely held American Media Inc. — led by the president’s longtime friend, David Pecker …

Mediaite reports: Fox News anchor Julie Banderas has no sympathy for Jeff Bezos amid the Amazon founder’s feud with David Pecker and the National Enquirer. Banderas spoke to legal analyst Jonna Spilbor on Monday about Bezos’ allegation that the Enquirer blackmailed and extorted him with sexts from his extramarital affair. When Spilbor suggested Bezos should have gone to the authorities …

The Daily Beast reports: The brother of Jeff Bezos’ mistress, Lauren Sanchez, supplied the couple’s racy texts to the National Enquirer, multiple sources inside AMI, the tabloid’s parent company, told The Daily Beast. Another source who has been in extensive communication with senior leaders at AMI confirmed that Michael Sanchez first supplied Bezos’ texts to the Enquirer. As The Daily …

The Daily Beast reports: An attorney for the publisher of the National Enquirer says the person who leaked text messages between Amazon founder Jeff Bezos and Lauren Sanchez is “well known” to both of them. In an appearance on ABC’s This Week Sunday morning, lawyer Elkan Abramowitz, who represents AMI chief executive David Pecker, also denied that a letter sent …

Mediaite reports: On Friday, Jerry George — who spent decades working at the National Enquirer including serving as senior editor and Los Angeles bureau chief — warned that his former boss, David Pecker may well land in jail. “I think there’s a very strong chance that David Pecker may end up doing time,” George said. “Wow!” host Erin Burnett replied …

Deadline reports: The owners of the National Enquirer now have a bigger problem than a pissed off and fighting back Jeff Bezos – the feds. Just a day after the Amazon founder published a detailed overview of the attempts by the David Pecker run tabloid to halt his investigation into how private texts and photos got into the Enquirer’s hands …