Amazon CEO to give $10 billion to fight climate change
Amazon CEO and one of the richest men in the world, Jeff Bezos, has announced that he will be donating around $10 billion to fight climate change. He has created a new initiative called the Bezos Earth Fund and will start giving out grants this summer. This amounts to around 7% of his total net worth.
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Amazon Adding Hundreds of Tech, Corporate Jobs in North Texas
Amazon is planning to add more than 600 new tech and corporate jobs in Dallas as they expand their Tech Hub in North Texas. The expansion is part of a national expansion of hubs in Detroit, Denver, New York, Phoenix and San Diego that will create more than 3,500 jobs across the country.
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Jeff Bezos added $13 billion in one day, largest single-day increase ever
According to the Bloomberg Billionaire Index, Amazon founder and CEO Jeff Bezos added $13 billion to his net worth on Monday. It was the most significant single-day increase in personal wealth since the index started in 2012, Bloomberg reported after analysts raised their targets for Amazon's stock, which jumped 7.9 percent Monday, ahead of the company's second-quarter earnings report
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Foxnews
Amazon bans police use of facial recognition technology
Amazon said the suspension of law enforcement use of its Rekognition software was to give US lawmakers the opportunity to enact legislation to regulate how the technology is employed. In recent months Congress has been weighing possible legislation of the technology as lawmakers, companies and civil liberties activists have called for stronger regulation of surveillance software.
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Amazon VP Tim Bray quits
Amazon VP Tim Bray quits
A top engineer at Amazon has resigned in protest of the company’s treatment of warehouse workers. He said that listening to worker accounts of what life is like in Amazon’s warehouses during the coronavirus pandemic was difficult to stomach, and that he “snapped” when they fired the activists.
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