The Washington Post Lays Off 20 Staffers

The Washington Post began laying off staffers on Tuesday morning, according to a source familiar with the situation, early cuts that have had the newsroom on edge for weeks and heightened frustration with management. Impacted staff were notified via email, the source said. A spokesperson for the Post did not immediately respond to a request … Read more

Will He or Won’t He? Bezos May Sell Washington Post to Buy DC Football Team Will He or Won’t He? Bezos May Sell Washington Post to Buy DC Football Team Will He or Won’t He? Bezos May Sell Washington Post to Buy DC Football Team Jeff Bezos, the owner of the Washington Post and the fourth-richest man in the world, is rumored to be interested in buying the Washington … Read more

Amazon drone unit hit with layoffs as long-awaited program launches

Amazon Prime Air Drone Source: Amazon In 2013, amazon founder Jeff Bezos appeared on CBS’ “60 Minutes” to reveal a futuristic plan his company had been secretly pursuing to deliver packages by drone in 30 minutes. A pre-recorded demo showed an Amazon-branded “octocopter” carrying a small package off a conveyor belt and into the skies … Read more

Jeff Bezos’s Washington Post Visit Brings More Questions than Answers

With anxiety running high in the washington post newsroom, what better time for Jeff Bezos to show up? The billionaire owner made an appearance, for the first time in over a year, at the Post on Thursday, sitting in—along with publisher Fred Ryan—on the morning news meeting. The glass conference room was, unsurprisingly, packed. “I’m … Read more

Amazon shed half its value in 2022 as tech stocks got crushed

An Amazon driver loads packages into a delivery van at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Justin Sullivan | Getty Images It was a brutal year for mega-cap tech stocks across the board. But 2022 was especially rough for amazon. Shares of the e-retailer are wrapping up their worst year … Read more

What were the best and worst sports trends in 2022?

Image: Getty Images As 2023 approaches, it gives media outlets opportunities to do wrap-ups, year-end lists, and rank anything else in the timeframe of the past 12 months. It’s really the only upside of time being arbitrary and a construct of people in power to make sure the plebeians arrive at the salt mines at … Read more

Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Elon Musk thinks a recession is coming and worries the Federal Reserve’s attempts to bring down inflation could make it worse. In an early tweet Wednesday, the Tesla CEO and … Read more

Jeff Bezos Warns Of Recession, Advises People Not To Buy TV, Fridge This Holiday Season

“Economy does not look good right now,” Jeff Bezos stated. (Filet) Amazon founder and billionaire Jeff Bezos recently warned consumers and businesses that they should consider postponing large purchases during the holiday season as an economic recession might be in the offing. speaking to CNN, the business tycoon advised consumers to keep their cash safe … Read more

Jeff Bezos Says Giving Away His $124 Billion Fortune Is “Very Hard”

Jeff Bezos has pledged to give away the majority of his massive fortune during his lifetime, but admitted that he’s finding it to be “very hard.” The fourth richest man on earth announced for the first time during an interview with CNN that he plans to donate his money to people and charities that are … Read more

Jezz Bezos To Give Most Of His $124 Billion Wealth During Lifetime: Report

Jeff Bezos stepped down as chief executive of Amazon in 2021, owns about 10% of the company. Inc founder Jeff Bezos will give away the majority of his $124 billion wealth during his lifetime, the billionaire told CNN in an interview on Monday. Without providing further details, Bezos said he and partner journalist-turned-philanthropist Lauren … Read more