Latest in Jeff Bezos

UPDATED with Bezos donation: Amazon’s Jeff Bezos has committed to donate $100 million and Oprah Winfrey $1 million to support those facing food insecurity due to the COVID-19 pandemic. Bezos’ donation to Feeding America is the largest single gift in the charity’s history. “Even in ordinary times, food insecurity in…

"This isn't business as usual, and it's a time of great stress and uncertainty," Amazon founder Jeff Bezos said in distinct understatement today as the coronavirus saw more and more of America shutdown and confirmed domestic cases of the global pandemic neared 27,000. "It's also a moment in time when the work we're…

If you are on the Westside of Los Angeles today, you might want to use lunch to start that commute home early, because Donald Trump's whirlwind visit to town today is going to make a. parking lot out of the area very soon. With the former Celebrity Apprentice host expected to touch down at LAX around 3:25 p.m., the LAP…

Amazon founder Jeff Bezos took some time off from being ribbed at the Oscars and purchasing pricey real estate to do something really big — announcing a massive private venture in the form of a $10 billion fund to fight climate change. The mogul, the world’s richest human, announced Monday the launch of the Bezos…

Amazon has taken a vow to become carbon-neutral by 2040, 10 years earlier than the date specified by the Paris Climate Accord. CEO Jeff Bezos announced the new initiative, which it calls The Climate Pledge, as well as a set of related moves at a news conference Thursday (see a video clip below). The tech giant has…

Jeff Bezos sold nearly 1 million shares of Amazon stock in the last three days of July, according to SEC filings, in the wake of his divorce being finalized. While the shares are worth about $1.8 billion, the 12% of Amazon that Jeff Bezos still controls means he remains the world’s richest person. His net worth after…

Jeff Blackburn, who as Amazon’s SVP Business and Corporate Development is the key executive overseeing the company’s streaming service and is seen as one of Jeff Bezos’ core advisers, is taking a one-year sabbatical beginning next year. An Amazon spokesperson said the 21-year Amazon veteran, frequently on watchers…

Norah O’Donnell is going all in with space for her anchoring debut on the CBS Evening News next week, interviewing Caroline Kennedy and Amazon’s Jeff Bezos to mark the 50th anniversary month of man’s first steps on the moon. The space focus makes sense: Among journalists, CBS’ Walter Cronkite is more closely…

MacKenzie and Jeff Bezos are now officially divorced after 25 years of marriage, leading to the transfer of 19.7 million shares of Amazon.com to MacKenzie Bezos. The order formalizing the split was signed Friday by a King County, Washington judge. The 19.7 million shares represent a 4% stake in Amazon and are valued…

Marty Baron, the editor made famous by the Oscar-winning movie Spotlight who is now executive editor of the Washington Post, said the newspaper has expanded without editorial interference under the nearly six-year ownership of Jeff Bezos. Even when the editorial team covers Amazon or Bezos personally, Baron said, “He…

Amazon more than doubled its profits in the first quarter compared with the same period a year ago, while also clearing the high revenue bar set by Wall Street. Earnings per share came in at $7.09 on a diluted basis, compared with $3.27 in the 2018 quarter. Analysts had expected $4.72 a share. Total revenue of $59.7…

A petition for the divorce of Amazon founder Jeff Bezos and his wife MacKenzie was filed Thursday, with Amazon saying in a SEC filing that as part of the deal MacKenzie will receive about 4% of the company, or 25% of the couple’s total stock. The online giant’s current market cap today is about $892 billion, meaning…