35 Burst results for "Jeff. Bezos"

A Big Day For Tech Earnings

WSJ Tech News Briefing

03:44 min | 1 d ago

A Big Day For Tech Earnings

"Yesterday was a big day for tech earnings. We got quarterly reports from Apple, Alphabet Amazon facebook and twitter like most tech companies. These five have done well throughout the pandemic. So the results were expected to be good but for the most part, all companies exceeded analysts, expectations, apple posted strong results, but took a hit to iphone sales after supply chain disruptions delayed the release of its own twelve models. Meanwhile, Google's parent company alphabet that it saw growth in its add revenue coming back from its first ever decline in the figure last quarter. Amazon brought in a record ninety, six point, two billion dollars in sales last quarter, even without its annual Prime Day shopping event, which usually holds in July but had to delay this year and CEO Jeff Bezos. said the company's already seeing a surge in early holiday shopping and Q. Four. FACEBOOK's at twelve percent uptick in daily active users from the same period. Last year with more than one point, eight billion people logging in every day. And even though analysts had expected a loss loss twitter surprised by posting a profit but the company saw its smallest increase in daily users since it began reporting the figure. All right I just threw a lot of information. You don't put it in perspective. Here's global checkout are decent dean I'd say the biggest takeaway is that in this pandemic era tech just keeps getting more important. Bigger since stronger, you know there are some exceptions to that but when you look at. How we live and how we work now everything from online sales Amazon to use social media and digital advertising in use of cloud computing, my corporations. It's all become more important at exactly the same time when the fears are at their highest among some people that tech is already too powerful despite the strong results several companies saw some volatility in after hours trading and Jason says, there's still a lot of uncertainty part of it is just how far the stocks have risen already, I mean there have been among the best performers across the market, the big tech stocks for the most part. Again, they're exceptions and so there's I think a lot of questions about how much of her the past present and future performance is. Built into the price already. So I think that's part of it but on the whole, the trend is is has been largely. Up into the right? By the way getting all these earnings reports all at once is typical, but there've been a few factors that play recently. Here's Jason Again. The past two quarters we've had these mega earnings Palooza days with four or five companies all reporting at once I think that's partly a function of the fact that there have been hearings pre the day before in both cases, and so that affects the ability of companies to schedule because obviously their CEO's have to prepare for the hearings and have to prepare for earnings and they don't want to have them same day. It's probably preferable for the companies also that they. ANNOUNCE THEIR Big. Numbers the day after they go in front of. Congressional hearings where the subject has been there outside power, and then of course you might have had some companies would typically report next week but we've got the election. They're concentrated by. Monday of next week. You know all eyes will be on on the election, and clearly there's a lot of questions about how that's going to go and when we'll get the results as well as obviously what the results would be, what that will mean for. The company's broadly speaking the tech sector specifically. So I, think they just would prefer to avoid

Amazon Jason Again Facebook Apple Twitter Google Ceo Jeff Bezos. CEO Palooza
Google, Amazon, Apple, Facebook and Twitter Earnings

WSJ What's News

00:48 sec | 1 d ago

Google, Amazon, Apple, Facebook and Twitter Earnings

"A big day for big tech earnings, apple, Alphabet Amazon facebook and twitter reported quarterly results after the bell this afternoon, the reports were expected to be good, and for the most part, all five companies exceeded those expectations. Apple posted strong results even though iphone sales were hit because the release of its new models was delayed google. Parent Alphabet reversed a decline in its AD Revenue Amazon posted a record ninety, six point, two, billion dollars in sales CEO, Jeff bezos says, the company is already seeing an early surge in holiday shopping facebook says, daily users are up twelve percent. From last year to more than one point, eight, billion and twitter surprised by posting profit when analysts expected a loss despite the strong reports of the company's shares were volatile in after hours trading.

Amazon Apple Jeff Bezos Twitter Facebook Google CEO
Twitch Continues To Get Criticized By Music Industry

Daily Tech News Show

02:16 min | 4 d ago

Twitch Continues To Get Criticized By Music Industry

"Variety obtained a letter sent to Amazon CEO Jeff bezos on twitch CEO Emma Cheer by the Ria Sag after, which is a very big entertainment industry union and several other recording industry groups claiming the twitch has failed to properly licensed music. The letter claims that twitches new soundtrack tool, which provides a library of tracks from independent labels for streams lax lacks proper sink and also mechanical licenses. The letter also says. That twitch let streamers use other music without authorization as well as responding or even acknowledging infringement notices that it receives and response, which says, it pays royalties to performing rights, organizations, and licenses to labels for the use of music into which projects and productions maintain soundtrack person properly licensed and says it also response to all valid DMCA notices. Yeah. So I mean point one to remember here is music licensing is. Complex Situation There's not a music license you get a license for a recording. You have to also pay a license to the composer of that recording and there's something called the sink license that Sarah mentioned, which is even though I have the right to stream this song and I've paid for the composition. I- may not have the right to sink that up in other words using it with other video. Behind it which is what you do on twitch right you're talking on video and music playing behind you that technically as sink usually it's meant for movies and stuff, but it's fits the profile. So it's not surprising that twitch might have thought they had all their licensing issues covered and the music industry would come in and say, well, no, actually you need to pay for this other type of licenses well. What I think is really going on here is the music industry is looking at twitch and saying we're not going to ignore you anymore you're a huge organization and the like we turned our attention to streaming services like spotify a few years ago we're going to turn our attention to you right now and try to get the best deal out of you. Possible. We're going to do a full court press pressure on you. Yeah it seems to me that twit full pay a little bit of money and everyone will kind of go back to their corners and that will probably be at least short term solution to this.

CEO Jeff Bezos Ria Sag Amazon Emma Cheer Dmca Spotify Sarah
US billionaires saw their net worth rise by almost $1 trillion between March and October

Morning News with Manda Factor and Gregg Hersholt

00:25 sec | Last week

US billionaires saw their net worth rise by almost $1 trillion between March and October

"For billionaires have enjoyed a staggering rising wealth since the pandemic shuttered the economy in March, with a group gaining almost $1. Trillion in total net worth and analysis from Americans for tax fairness found the wealth of the nation's billionaires jump by 931 billion since March. Amazon founder Jeff Bezos enjoyed the biggest jump and personal fortune going from 90.1 billion to 203 billion.

Jeff Bezos Amazon Founder
Blue Origin chalks up 13th successful test flight

News and Perspective with Tom Hutyler

04:27 min | 2 weeks ago

Blue Origin chalks up 13th successful test flight

"What an exciting morning it was for the blue origin rocket scientists in Kent as they watched their 13th successful launch Take place. It happened at a site in Texas. But as Christian Davenport reports in the Washington Post The 20 year old company. Blue Origin still hasn't reached orbit or put a human in space and Christian joins us on the coma News line. What was the purpose of today's launch? Yeah, thanks for having me. So the purpose of today's launch was to launch their new shepherd vehicle. It was a test launch. It goes not to orbit as you mentioned, but it goes sub orbital. It goes straight up and straight down. Ultimately, this is a vehicle that's going to fly paying customers to space. We would have thought that would have happened by now. But they're event, some delays and setbacks and and, of course, the Corona virus. Pandemic. But while it didn't have any people on board, it did have some payloads, including some research that was placed outside of the booster that could be used to help the lunar lander that blue origin is developing for NASA in its quest to get back to the moon that would help it land. Very precisely on the moon on so that experiment was on board. The new Shepherd for their Askew mentioned there's 13th successful launch this morning. Well, delays and pandemics aside as you write, Lord and kind of has a motto of keeping a slow pace. Why, though they lost a contract with the Pentagon not too long ago? Well, you're right. I mean, the motto is Jeff Bezos has said that they wanted to go step by step ferociously. But there's been some criticism of the company that they've been moving too slowly at a time. When you see companies like Space six, you know, which got the orbit relatively quickly. They're flying humans. They of their first Ah, flight of NASA astronaut in May and brought them back safely a couple months later. That you know what is taking blurred and so long and they hadn't flown their new Shepherd's vehicle since December, So there was sort of a 10 month gap there, But I will tell you and I've been down to Cape Canaveral in Florida. You drive by the manufacturing facility that blue origin is building there, and it's matches. It is absolutely mind blowing. And it shows you, Jeff says. This is the most important work he's doing is working space. You think this is going to be a big part of his legacy is dedicated Tio spending a billion dollars a year of his own money into it until while they're moving slowly and deliberately. You can't bet against them. And next year could be a big year and it feels like we say that a lot In states like, but we're looking ahead at flying people for the first time in New Shepherd, they said. Today they were maybe a couple of flights away from doing that, And then they also hope to launch their new Glenn vehicle. That's the Big rocket that would eventually go to orbit. Christian Davenport with us on coma. News covers space industry for the Washington Post Christian thanks very much. Oh, thanks for having me you could read his full article online at washingtonpost dot

Jeff Bezos Christian Davenport New Shepherd Nasa Washington Post Texas Cape Canaveral Kent Pandemic Washington Washingtonpost Dot Pentagon Glenn Lord Askew Florida
Blue Origin chalks up 13th successful test flight

KNX Morning News with Dick Helton and Vicky Moore

00:35 sec | 2 weeks ago

Blue Origin chalks up 13th successful test flight

"Blue blue origin origin Company Company created created by by Jeff Jeff Bezos Bezos has has carried carried out out another another successful successful test test of a rocket designed to take tourists on short trips to the edge of space. Here's how it sounded when the new Shepherd rocket got lit this morning at the company's site in West Texas. One One minutes minutes later, later, the the rocket rocket made made a a successful successful soft soft landing landing so so it it could could be be used used again again on on that that rocket rocket can on ly make sub orbital flights that would let passengers experience a few minutes of weightlessness, but The company is also building much bigger rocket that's meant to take people and cargo all the way into orbit.

Jeff Jeff Bezos Bezos Company Company West Texas
Coronavirus: How have billionaires done during COVID-19?

Coronavirus Daily

01:00 min | 3 weeks ago

Coronavirus: How have billionaires done during COVID-19?

"We should point out. I that billionaires always take a hit during any economic downturn billionaire wealth during the great recession went down dislike everyone else's economic prospects and it took two and a half years for the four hundred billionaires to recover the wealth collectively that they had in two, thousand, seven two and a half years of recovery Chuck Collins expected to see that kind of trajectory when he began analyzing billionaire wealth during the pandemic so. I was sort of expecting US billionaires. We're going to take a hit just like the rest of society and they did for a little while in February, but then this other dynamic in which was kind of surging wealth can you give us some of the names who were the the Big Lake? So to speak, well, you know some of them have seen their wealth surge faster than others Elon musk wealth has tripled from twenty, seven, billion to ninety billion. Jeff bezos wealth is up seventy, two billion. since the beginning of. The year.

Chuck Collins Jeff Bezos United States
Is Voting by Smartphone a Good Idea?

Talking Tech

02:15 min | 3 weeks ago

Is Voting by Smartphone a Good Idea?

"Did you know that you could vote by smartphone this year in West Virginia South Carolina and a certain county in Oregon? I'm Jefferson, Graham, ULA sand talking tech I'd love to tell you more. You've heard a lot of talk about voting by mail and voting in the traditional polling place. What you're not hearing a lot about is the whole idea about voting via smartphone. We all have our phones in our pocket. Why are we voting that way I? Mean if Jeff Bezos can figure out how to get money from us on Amazon, if Google and facebook can track everything? We do certainly the technology is there to vote effectively on our phone. It may be there a lot of people aren't ready for it. They're testing it this year began in West Virginia South Carolina and Mattila County Oregon, but it's only for the military and certain disabled The whole idea was sort of spearheaded by tech investor named Bradley Tusk who fit who's willing to put his money where his about this he's investing ten million dollars to make. smartphone voting a reality. He hopes that by twenty twenty, eight more of us will be doing it in the presidential election. But for right now, he'll be satisfied with testing it out with local races. They tested it earlier this year in King County Washington, which includes Seattle for an obscure conservation district election and while they did get more people voting I talked to. The people there and they said that most voters were a little wary about doing it on the smartphone didn't feel that it was secure. There's a lot of critics feel that Internet voting is not secure but Bradley, Tusk is out to prove them wrong. He is investing money and and he's he's he's behind the test right now in West Virginia South Carolina, and Oregon. I think it's a great idea I. think it participation would grow immensely I. Don't know that you could prove it couldn't be hacked, but I'm willing to give it a try love to try it out for city council, and for some of the elections, they get very poor participation.

Bradley Tusk West Virginia South Carolina Oregon West Virginia Mattila County Oregon Jeff Bezos South Carolina Twenty Twenty King County Jefferson Graham Amazon Facebook Seattle Google
Why some dems dislike Reid Hoffman

Reset

05:58 min | Last month

Why some dems dislike Reid Hoffman

"Might, be here at recode centers on tech billionaires who they are, what drives them, and what exactly they spend their fortunes on. And these days one answer to that last question is politics. So I, try and chart the gusher of billionaire money flowing. Into American. Elections. Often in secret. Joining me on the show today here is my editor at recode, Sam, open hey sam hey teddy. So last week, we published a story from you about one of these billionaires read men, the founder of Lincoln Board member of Microsoft, a major democratic political donor. So I think this conversation is a chance for us to talk about why out of the many people in Silicon Valley could be covering why did we focus on hosman? He's not really a household name the way that Mark Zuckerberg are Jeff Bezos are let's talk about what makes him an interesting character in Silicon Valley. Yeah I mean he someone who? Has. A ton of. Money. But more. So is one of these people who sees himself as a quote unquote thought? Leader Right. He sort of coins terms that are used in startup land. He has a podcast which has tons of listeners and he's basically sort of cultivated this image as one of the good guys of silicon. Valley. And in the last four years, he's taken his billions of dollars net worth and decided that he wants to become the tip of the spear of Silicon, Valley's to oust trump and he's doing exactly that Nacho spending his own money but sort of serving as a port of call for all Silicon Valley so that's why we thought focused on Reid Hoffman. As a way to talk about the bigger story, which is the politicization and the new partisan ethos that has taken over tech over the last four years. One of the things that we talk about early in the story as we talk about his donor table and I think that gets at this idea that. He's Gathering his fellow billionaires to take action as well. So can you tell us a little bit more about the donor table and how it works and this big money machine? He's created for Democrat politics in. Silicon. Valley sure. So Hoffman is not just putting his own considerable net worth into this. A lot of the secret sauce of political fundraising that happens you know oftentimes in the dark at private meetings is the art of getting other rich people to do the same thing. As you to create leverage. This is someone who started linked in all about creating social networks to drive professional change and stuff like that. So Hoffman has basically created this donor table, which is a fancy way of saying a bunch of his rich friends getting together to fund the same stuff. So Hoffman has some political help and there are people who are other billionaires who maybe don't have fulltime political help who turned Hoffman they say, Hey, read what are you funding? Can I? Get Out essentially and read in turn will frequently challenge other Billionaires Ju to do the same thing. So sort of what this creates is this network of rich people were funding. The same nonprofits are the same super pacs or the same candidates behind the scenes and what the ends up creating is some organization really well funded others don't and no one really knows this donor table exists, but it's sort of is how big money politics works, which is you know without full Disclosure and accountability and transparency. But read is sort of the node of this new political network something I'd like us to talk a little bit more about is you know there are billionaires all over the country on both sides of the political aisle pouring money into the twenty twenty election and you know I think it's important to cover silicon valley in the billionaires here. Can you explain a little bit more why Silicon Valley is of particular note why are we focusing on? Tech Billionaires. People Reid. Hoffman when we cover politics and money in two thousand twenty. So at the core of read bins takeover of the Silicon Valley money machine is this tension that re dispensing millions of dollars to house trump and yet lots of Democrats hate him and the reason is Hoffman doesn't just want to fund the Democratic Party in the traditional ways he wants to fund Democratic Party in a very silicon valley way funding start-ups that might compete with the democratic establishment. Of State Democratic parties which are the backbone of the National Democratic infrastructure. Hoffman has basically declared a war on the Democratic Party establishment and that sort of has obviously made a lot of Democrats. uncomfortable. He's willing to fund things that push the envelope that some people have ethical concerns over. It's not as easy as well. Re Hoffman spending his fortune to hours trump. There's a lot of uneasiness about him and that makes them a fascinating character the fact that how? Democrats. Both accept his money with open arms and celebrate him. As you know a bore against what he sees a fascist threat at the same time, he's being very critical people who've made their entire careers about being a professional democratic political operative and a lot of ways. Obviously, this gets at a broader criticism of Silicon Valley, which is the respect expertise. They think they know everything I think a lot of Democrats feel that way about Silicon Valley in. But SORT MINNESOTA symbolize this bigger debate about whether any of these silicon valley people know what they're talking about when they enter a field that is not business.

Silicon Valley Reid Hoffman Democratic Party Democratic Party Establishment Microsoft Mark Zuckerberg Jeff Bezos Editor SAM Founder Nacho Minnesota Lincoln Board Democrats.
The Ring drone is just the latest Amazon privacy puzzle box

Financial Exchange with Barry Armstrong

02:42 min | Last month

The Ring drone is just the latest Amazon privacy puzzle box

"Amazon yesterday rolled out Ah, whole bunch of new speaker and security devices. What I mean is pretty much like there was like something for every room in every size and every person in your house at this point, but pretty much it sounds like they just want to know what you're doing everywhere at all times. Of course they do. S so I would say the most. I don't know what you're gonna ask, but I would say the most revolutionary piece that I saw out of this was the indoor drone camera. No, no, no, no, that's that's where we're going to start. That's why Elaine and explain it. So the indoor drone camera is a home security camera that you would set up. If you want something that is creepy as all hell, I guess. But the idea here that Amazon came up with is a lot of people don't want a home security camera in every room of their home, especially in some of the more private areas, But What you could do it. This is no. It might be set up in your living room. But when you leave, it'll just kind of wander around all rooms of the house and take video for you and check on him Now, are you responsible if you're at work Are you responsible for piloting? Said drone on your phone, or does it fly around? I believe that it will fly around on its own. You can program some some free design a little fun with the dog on that. Well, yeah, So, Yeah, This is not something that I'm even interested in. And I have less of these privacy concerns. And Chuck does. But this is my nightmare. This is literally Like when I wake up in a cold sweat. This is what it's about Drone staring at you in the face. Yes, this's what it's about. So I just I don't know how we've gotten to the point. Where we feel that we need to have something flying around inside our homes to make letter that we feel safe. Like how soft have we gotten What we need to invite. Jeff Bezos is drone into our house to say Thank you, Geoff. For watching over me like I know I can't do it. I can't do it. I think one of the best quotes that I heard this is from a tweet from Walt Most Berg, who's a longtime tech product reviewer, member of the non profit news, literally literacy. Project in a country with no laws regulating digital privacy. Anyone who buys this from a company with a history of privacy problems is insane. And that's about how I feel. I mean, who's really asking for this in their homes play? You know what I think? Plenty of people I I ke your bells have been. Yeah, I understand that you have three camera forward facing camera doorbell. In a drone that flies around your house looking for problems. Not that big a difference. Just wait. I bet this thing sells.

Amazon Walt Most Berg Jeff Bezos Geoff Elaine Chuck
TikTok reaches deal that would give Oracle oversight of U.S. operations

POLITICO's Nerdcast

16:18 min | Last month

TikTok reaches deal that would give Oracle oversight of U.S. operations

"And Tick Tock recently made headlines Everywhere when Resin Donald Trump signed an executive order. That would essentially ban the Chinese owned APP in the US for national security reasons. Unless it sells its operations here to an American company. And of course, if that were to happen. We would have nowhere to go to see a million potatoes singing. To Adele. And that would be a national tragedy. This week deal actually emerged between TIKTOK and American company Oracle but some people like Zachary say trump's tiktok policy effectively changes. Nothing. The argument goes like this. It will do little to protect Americans data from the Chinese government because there are still plenty of other ways China could get that data that this move is just a new kind of security theater basically. The hard work of data security according to this actually lies elsewhere. So, Zachary TIKTOK has been banned in Indiana a few other countries, but it's still pretty popular for now it's the most popular video sharing app i. can see why it seems like fun and there are mental creative. They're short I mean the whole nature of the medium has their time limited. What happened with Tiktok this week what happened this week? Should be clear but isn't. Basically, in August, the trump administration ordered via executive order whose legality remains highly questionable that the Chinese owner of Tiktok, a company called Bite Dance. Divest itself of Owning Tiktok within ninety days or face the prospect that tiktok would be shut down in the United States. I broke the deal I said you can't do business in the United States, which is at least potentially within the power of the US federal government based on national security concerns based on national security and the logistics are complicated that you probably could order apple and other people and servers that are hosting tiktok. that. They couldn't do it and it would defacto make it impossible for Tiktok to function. So that is what began a process where the owner of Tiktok, again, a Chinese company sought an alternative way to their cell, the US portion of Tiktok or what ended up happening major deals Rocking Wall Street this morning pushing futures higher. We find an American technology partner Oracle beat Microsoft and become the technology partner for TIC TACS US operations although will not. receive its coveted algorithm so that all took talks data would be kept in the United States on servers owned by an American company and not by Chinese company because the whole point of this was that all these people using Tiktok, these tens of millions, hundreds of millions that data was potentially vulnerable to being used and therefore misused by the Chinese government. How so So the fear was because technology companies in China by Chinese law are required if. By the Chinese government to turn over data relevant data that the Chinese government could tell the parent company of Tiktok, hand us all of your user data which user data of again tens of millions of Americans. and. Then China would have that data. So that was the concern right and and that's a legitimate fact the Chinese government could order that. The problem is, of course, one via our court system, an American court can order or prosecutor can subpoena data. From our companies. So it's not like what you and I do on Google or what we do on any technology provider is somehow. Unavailable. To government if government decides that it's in its interest to get it not to mention the the various many non-government actors, the vacuum, the stuff up and use it for their own purposes that is even more important I think probably more relevant to the China issue which is. Does it matter whether the data is in this case, potentially house by Oracle massive US hardware and software company versus being housed by servers in China. In terms of the ability of the Chinese government to obtain that data, it wanted to obtain it because not just third parties that hoover up data and use it in the whole buying selling and the data market, but just spying tools. Whether it's the NSA in the National Security Agency in the United States or various Israeli cybersecurity and or cyber spying companies or the Chinese government. Most of this data isn't that secure. Not. Like. Triple encrypted quantum encrypted defense department level communications. So likely true that if the Chinese government really wanted my teens Tiktok data, it doesn't really matter whether that data's House on servers in China owned by Chinese company or whether it was housed on American servers on buying American company. So I guess, then how do we get to this point? How did you know given what you just said why has this become such a big issue? How did it start? Yeah it's a good question I I'm not sure. There's a precise answer. It's part of a whole continuum of the trump administration in particular identifying China as a proximate threat to the United States and a whole series of ways competitively in terms of trade practices hence the hundreds of billions of dollars of Chinese imported goods that have been subject to American tariffs. It's part of a multi year campaign against this massive Chinese telecom equipment company called Wa wa, which has been a leader in next generation five G. Telecom equipment in a way that again, some of the same concerns have existed which is. That the Chinese government would would use the production of that equipment as a way to spy on who met from purchase adequate. And Look a few years ago. There was a a forced sale of gay dating APP Grindr, which was also owned by a Chinese company, and so there was an earlier precedent of forcing a Chinese company to sell an American APP Social App. Because, of data concerns and finally, there's the fact that for years long predating the trump administration. China has not allowed American social media companies like facebook. To function in China. So there's the tit for tat. You know you don't let our social media functioning companies function there. Why should we let yours function here? There's Several year campaign against China which the trump administration's pursued but I think has a good deal of democratic support I. Mean if it's close to a bipartisan sentiment that China, China's a threat as anything we have right now. Why Tiktok? Suddenly became a thing I may partly have to do with the fact that it suddenly became a very big deal in the United States. I mean, this was not a company that had any footprint several years ago and suddenly as. The APP does your so it may have had to do with something that got really big and is very noticeable. Salsa not that economically important. So a lot of people would be royally pissed off Tiktok were banned. It's not like tiktok is. An integral component. To the US economy either during covid or without covid. So it's an easier target. We'll be right back. Everyone wants to become a better leader this groundbreaking new book how to lead shows you how David M Rubenstein is one of the visionary founders of the Carlisle Group and host of the David Rubenstein Show where he speaks to leaders from every walk of life about who they are, how they define success and what it means to lead. Jeff bezos Richard Branson Warren Buffett Bill Gates Ruth Bader Ginsburg Phil Knight Oprah all of them and more are featured in how to lead this essential leadership playbook illustrates the principles and guiding philosophies of the world's greatest game changers discover the expert secrets to being. Effective innovative leaders. Walter Isaacson proclaims reading this invaluable trove of advice from the greatest leaders of our time is like sitting in an armchair and listening to the masters reveal their secrets, pick up a copy of how to lead wisdom from the world's greatest CEOS founders and Game Changers Bhai David Rubenstein available in Hardcover e book or audio, and we're back I get the kind of general personal security aspect of it. Where does the national security aspect of it come in? Is it because there's concern about people who worked at the Defense Department or the military whoever having to talk in in use in their households or people in the Defense Department are not allowed to use tiktok certainly not on their phones. For before this although they may have teenagers who That's vulnerability as well. So it wasn't primarily about like US government employees who might have sensitive data that tiktok would be the back door way that the Chinese government would spy on them but it was generalized sense of any foreign government that is using private American citizen data potentially for nefarious purposes represents a national security threat. Now, it clearly has not represented the kind of national security threat in the estimation of the White House right now when it's Russian. Manipulation of social media accounts the same principle should or would apply right. If you'RE GONNA ban, Tiktok you'd probably want to take action against the a variety of Russian media enterprises that are attempting to manipulate and hoover up American user data. Some of that data's you mentioned earlier in terms of third party is available to anybody for a price just because there's a marketplace for data. Which I think either most of us aren't aware of or frankly most probably don't care if politicos data on this podcast gets sold to fourteen vendors so that it can sell you and me products based on our other computer activity most people. Either like that, or don't care about that. But the national security concern is simply because it's a foreign government that could potentially. Use, our search history or browsing history nefarious. And again a, that might be true but be it's likely that all this kind of data is obtainable irrespective of whether or not a company called TIKTOK. Happens to have access to a lot of it. It's really interesting. So into this whole story comes oracle, you know huge hardware software firm but how did they get involved here? Yes. Oracle is is a multibillion dollar firm that has had the same public profile as Microsoft or Amazon or facebook or apple because most of its business is to other large companies, you know you and I don't tend to go out and buy Oracle piece of hardware because we don't need a hundred and fifty thousand dollars server or. Network system for our employees. They're largely corporate provider throw a huge provider to the Defense Department in terms of cheer equipment and material, and they're huge software company. They're one of the early Silicon Valley success stories and the billionaire founder Larry Ellison has been probably more conservative than not I don't know that I buy into the whole. This is a reward versus. A snub to the other potential main acquirer or partner for Tiktok, which was rumored to be Microsoft but this is an unusual. This doesn't usually fit oracle's business model. Well, that's that's interesting. So what is their interest in getting involved here perceived to be I'm not one hundred percent clear about that I mean look at could allow them to. Have a little bit more of a consumer facing brand. Again, I mean Oracle's. Primarily a software company primarily a database company. Maybe this could help them increase their databases. There's no way that this is a natural fit for goal. But at the same time north this a huge cost for Oracle, maybe it'll produce some American jobs. I mean. They're looking for growth just like everybody's looking for growth, and once you get to be the size of Oracle. Growth gets harder some of they're also looking for a DIFFERENT INDUSTRY TO BE President Chore? So. What exactly did they given? What did they get here that as of this conversation is not one hundred percent clear off so it was presented as or go by tiktok. That is not the case or at least it's not the case now and as possible. The deal will be scuttled or change given that all of this has to be approved by the government has to be approved by committee. Called Syfy S, which is the committee in charge of looking at global deals in terms of US national security, but it would seem that right now. The parent company of Tiktok saw own TIKTOK and get some of the economic benefits of TIKTOK. This Chinese company called by dance and that Oracle in turn will get a massive licensing deal to house Tiktok data and information on its own. Servers and using its own software. So the concern that the Chinese government would have access to that data would be allayed meeting under this agreement arrangement because the data would be managed by and it's housing would be arranged by a US company. The Chinese government could order by dance to turn over but by dance itself wouldn't actually have access to that data. It's interesting I mean based on what you said before it's they're they're they're moving this data from place a, it's not going to be in a different place and I guess the Chinese government will no longer have a key to the door. But as you said before there's many different ways that either the Chinese government or a lot of other. State or private actors can get hold on more or less any data they want to these days right? which kind of raises the question for point of all, this is ENA. It's certainly true. It would make it a little more challenging to get that data under that kind of arrangement. It seems like this a big fight over a big company. That's not actually really about. The literal subject of the conflict here. Yeah. It is totally fair to say that whatever the imbroglio about tiktok has very little to do with tiktok. And everything to do with US policy toward China. And the trump administration looking for some High profile optic to be able to say we're we're being tough on China and protecting American citizens. Again, the oddity of Tiktok is given that so many of its users or young adults. Who Don't vote although who would be? Extremely, Acetate it. If they woke up tomorrow and there's no TIKTOK meeting, it's probably not. The most popular move if what you're trying to do is gain support during a presidential election. So it's not entirely clear what constituency the served there wasn't like a huge congressional clamor for Oh my God. We're all big imperilled by these fifteen second videos. So where do you think things go from here in terms of into in terms of the real story behind all this in terms of the U., S., China relationship and the increasing in. them of that. So I think to some degree regardless of who wins the presidential election. there. Is a train that's left the proverbial station of increasing. Distrust and animosity between the United States and China. But within the context of an incredible amount of economic interdependence that you cannot just snap your fingers and several or at least not without massive massive harm to each part of that equation both the United States and China, and that's that's pretty unprecedented. Right? Right. That's like the Cold War analogy doesn't work because there was no economic relationship between the United States and the Soviet Union nineteen. Fifty S

Chinese Government United States Tiktok China Zachary Tiktok Oracle David M Rubenstein Defense Department Donald Trump Executive National Security Agency Partner Microsoft Indiana Apple Adele
Senate Democrats urge Amazon to recall, stop sales of explosive products

Bloomberg Intelligence

00:33 sec | Last month

Senate Democrats urge Amazon to recall, stop sales of explosive products

"Are urging Amazon to stop the sale of products that recently caused explosions. Matt Madison has more. In a letter to CEO Jeff Bezos, leaders from three Eastern states pointed to what they called dangerous and effective Amazon basics items. CNN said Thursday that customer reviews showed over 70 items posed a variety of risks, including catching on fire and smoking. The outlet reports phone chargers were said to have caused burns to people and exploding batteries sprayed chemicals. chemicals. The The The letter letter letter called called called on on on bases bases bases to to to recall recall recall the the the product. product. product. And And And notify notify notify customers customers customers of of of the the the potential potential potential risks. risks. risks. Matt Matt Matt

Matt Matt Matt Matt Madison Amazon Jeff Bezos CEO CNN
Pentagon reaffirms Microsoft as winner of disputed JEDI deal

News, Traffic and Weather

00:23 sec | 2 months ago

Pentagon reaffirms Microsoft as winner of disputed JEDI deal

"Amazon says that will not back down in the face of targeted political credit is, um after a Department of Defense Review it again finds Microsoft bid for Cloud Computing services are the best value for the government. Seattle based Amazon claims President Trump's ongoing feud with company and its founder, Jeff Bezos, lead the president to influence the Pentagon to aboard. The Cloud Service, the Jetty J. D iCloud Service Contract of

Amazon President Trump Jeff Bezos The Cloud Service Department Of Defense Pentagon Seattle Microsoft Founder
Amazon tears into Trump after Pentagon reaffirms Microsoft as winner of $10B JEDI cloud contract

Afternoon News with Tom Glasgow and Elisa Jaffe

00:54 sec | 2 months ago

Amazon tears into Trump after Pentagon reaffirms Microsoft as winner of $10B JEDI cloud contract

"This afternoon. Amazon says it will continue to seek an impartial review after the Pentagon reaffirmed its decision to award a multi billion dollar cloud computing power tract of Microsoft. Mom was Ryan Harris has the update. The ongoing dispute between Amazon and the Defense Department stems from claims President Trump's animosity toward Amazon and founder Jeff Bezos included directives to award the contract for what's known as Jet I to Microsoft. Amazon filed a federal lawsuit and asked for a diode review of the evaluation process for the $10 billion contract, which the president said last year he'd agree to Andi. I will be asking them to look at it very closely to see what's going on because I have had very few things. Is where there's been such complaining. Microsoft says it appreciates the review and it's ready to get to work in a lengthy blawg post. Amazon claims even the Pentagon review process was unfair and politically tainted, and that it will continue to pursue an

Amazon Microsoft Pentagon President Trump Jeff Bezos Ryan Harris Defense Department Founder
Highest Paid Stars Lose $200M, And Mackenzie Wins

Nightly Pop

03:34 min | 2 months ago

Highest Paid Stars Lose $200M, And Mackenzie Wins

"Guys welcome tonight we pop I am so excited because man crushed Thursday because Morgan off. So our friends Scott Tweedie is back. On the the Wrong is California dreaming. Okay. So we been listening for two hundred episodes and we've never done a man crush Thursday before one Thursday that you're on. Okay. That's awesome. All right. Well, let's up into the top story because the world's highest paid stars have actually lost a combined total of two hundred, million dollars this past year you guys. So then actually according to Forbes newspapers paid celebrity let's Kylie actually came in first place but she's Short, she's low short. Sheelah my new little coin because she's about a hundred million dollars less of being a billionaire. So how should she adjusted lifestyle so that she can kind of be up there with the big dogs when I'm trying to save one, hundred, billion dollars, it usually comes down to just eating in more. That's kind of the main thing for me that could be it. That could be it. Actually there's a few things I can do. I think it's all about the people that entourage so they could mix it up with their security. God's maybe go skinny guys or get some of this street performers yet they have to. Oh I kind of agree with you hunter because we know from our past conversations that Kylie's post mates bill is insane like she spends thousands and thousands on post mates. So maybe that push her up to be becoming the actual billionaire I think she should just work a little harder is all I'm saying. It would hurt to do two more brand deals make that hundred million I think she's taking the easy road right now I'm feeling bad for someone else's probably feeling bad for her Jeff Bezos ex Mackenzie Scott because she actually has just been named the richest woman in the world. She's worth sixty, eight, billion dollars B billion after their divorce. I don't even know how to like comprehend having this amount of money. Hunter, are you gonNA shoot your shot with her was that you win you win you're going after a rich woman you need to make it seem like you don't need the money you don't want it. So on the first date you say, Hey, let me get this the second date and you say, Hey, let me get this and then on the third day you say, can I have a new car and then that's when you're in. For a chance on this one bit of your appearance that needs to change I think if you lose the hair. Hurrell down. I think you're going to be. HOW COME THEY Got Something to show. Call Him we call him a man crush and then we go ahead and remove my hair from a photo. I don't love this episode. Personally she said look I'm into you. I'm into you having part of this fortune, but you have to go bald, would you do it listen? I know you guys think that I'm this like moralists person who won't like just live a normal life but I'm telling you right now I would do it for just a million I would do for one million. Then I'd be set forever. I'm good with that. I can't believe that she's actually worth this much money. You guys. Well, you know it's crazy is just to put this in perspective Kylie would have to sell her business that she sold for about five hundred million dollars. Every single year twice the air until she was eighty years old to have as much money as Mackenzie Basil says insane in Saturday.

Kylie Scott Tweedie Morgan California Jeff Bezos Mackenzie Basil Hunter Mackenzie Scott
The Right Way (and the Wrong Way) to Ask for Reviews

Marketing School

03:43 min | 2 months ago

The Right Way (and the Wrong Way) to Ask for Reviews

"Welcome to another episode of Marketing School I'm Eric Su and I'm Neil Patel and today we're GonNa talk about the right way and the wrong way to ask for reviews. But first we're talking about asking for us what kind of websites are we referring to I'm assuming we're talking about YELP G to Capterra decides the websites. Well. First off it just hit me I. Think we're almost four years into this podcast. We are. Oh, we're almost at fifteen hundred. We are four years into it as of this recording. Right it's crazy. Thinking about that. All right. So the reason reviews are important is If you do reviews happy for your anniversary Yay. If you get reviews. See back in the day when Amazon was I doing e commerce people buying products on Amazon and then Jeff Basil's was like Yeah I want to let people review them why you WanNa let them review it. He's like whatever Chris the best experience is what's going to help me win in the long run. And that was right and then reviews weren't just used for e contract started being used for to be services software literally anything that you can think of. and. The reviews are effective is look as humans. We all make mistakes aren't perfect but ones if you when you spend your dollar or your pound or your ruby or whatever currency using. If you can make sure you're getting what you want, and that's what reviews do. They don't guarantee that you're getting what you spend your money on, but it increases the chances that you're getting what you want when you spend your money. Yup I'm just GonNa give some real life examples where I just remember I got a good experience or a bad experience I. Remember one time post made. Using deliver rouw whatever door dash, wherever you dear food deliver UBEREATS, whatever. So Post mates delivered something to me and the guy sent me this really long text afterwards like you know gas is really expensive and it's really hard to drive to you and all that and he's like, give me this entire story. I really appreciate if you leave a five star review and also give me a tip as well. It looked like it was a can message and it just was not a good experience. Afterwards, that is a wrong way. DASS reviews a right way I remember afterwards I bought a product and then there was a card it only asked for review but gave me something else as well. So it sort of is me to write through and say, Hey, no pressure at all. But if you leave a review, it'd be. Really. Helpful for us and just please be honest and also by the way, here's another bonus for you. So they didn't need to do that and it was really optional and they kept it lighthearted that actually may be wanting to do it because if you look at whatever have online yelp or whatever. I, usually don't write reviews but if I'm compelled to do it because I felt incentivize do it in essence is. Getting at is the right way is to help people and do what's best for them. You can always do the soft ass but the wrong way is bribery and saying, write a good review and I'll give you this and you see some companies doing that it's just not genuine and don't look at reviews as off I get more five star reviews than people are going to buy from me well, if you're faking. The reviews in your incentivizing people in the wrong way, what's going to happen is you'll get the high reviews temporarily but then event, you'll keep getting negative views as well or you want people to just leave real reviews and when the leave bad reviews figure out how you can improve your parked or experience or your service. So that way in the future people nationally way better reviews which will naturally increase your sales. You might as well ask for the real feedback can you give me some honest feedback whether it's to stars four stars, five stars whatever because it helps make you better what I found from one of my friends restaurants is that they're yelp just started exploiting with reviews because they just kept getting better and better and they kept driving an amazing experience. The food was amazing. Experience was amazing. Amazing to be there and boom. It was four and a half stars and hundreds of reviews right if you can do that cut into what Neil was saying earlier with Jeff, bezos obsess over the customer and you drive a good experience you're for sure gonNA. Get Good Reviews

Yelp Jeff Basil Neil Patel Capterra Amazon Eric Su Chris Bribery Bezos
How much are the Tech Billionaires worth?

Kim Komando

01:16 min | 2 months ago

How much are the Tech Billionaires worth?

"Thanks to Tesla's stock skyrocketing for 100% this year alone, His net worth has to Must networth at the beginning. This year was it was on ly $30 billion. It has been going up steadily since the pandemic. And this week, Ellen Muss networth jumped to $100 billion. To imagine that $100 billion and as Amazon head Jeff Bezos laughs and he says, Ellen, Hold my a chardonnay for me, please. A few days ago, Bezos became the first person ever ever to be worth $200 billion. Let's put that into perspective. Jeff Bezos alone is worth $200 million Sports bread, Nike the whole company as a net worth of 175 billion. Fast food giant McDonald's is worth $160 billion. Now hit a more distant second place. The runner up wealthiest person in the world is Microsoft founder Bill Gates with a meager sorry bill, Meager 124 billion, and so I started thinking about it. Jeff Bezos worked for the government. He would be our prime minister. OK? Ah, Come on, Crack myself. Club

Prime Minister Ellen Muss Bill Gates Tesla Mcdonald Amazon Nike Microsoft Founder
Steve Jobs was a genius, I was jealous of him: Bill Gates

Heartland Newsfeed Radio Network

01:44 min | 2 months ago

Steve Jobs was a genius, I was jealous of him: Bill Gates

"Hard to imagine Bill Gates the world's second wealthiest man being jealous of anyone other than the richest one. Of course, Amazon's Jeff bezos however, Gates said that he was once envious of Steve jobs genius and his motivational skills. He also said that jobs was the only person who could have made apple what it is today that's kind of a major concession from one of the world's biggest tech. Icons for Bill Gates to say he was envious of Steve Jobs Yeah well from what I've heard personally about Steve Jobs like his management style I'm not necessarily a fan of him buddy. I'll be one of the first to say that the guy was like a business tech genius Oh yeah I mean there's no way that apple could be what it is without him Oh of course not I mean. No question and I'm not an apple fan I don't drink the KOOL aid I don't own any products with a piece of fruit on it Cetera but I commend him obviously, he was a genius but I heard that he was kind of a hot head. I do know that when they were first developing the IPOD and they brought him the prototype he dropped it into an aquarium and he said. You see those air bubbles make it smaller. Yes. If there's ruined their air but it's too big and that's the style he was. But again, that's what made this company. Now, the the only company to reach two trillion dollar in value. Unreal. Unreal. But they didn't stay there for very long. They reached two trillion. I'm GonNa win who was big news that they were the company to reach one trillion. Yup and it was short lived. In terms of that, but it was and there goes again Bill Gates's common commending him for his motivational skills dropping that in an aquarium and stuff. It harsh. But it got the point across and it made their products better. So very

Bill Gates Steve Jobs Apple Jeff Bezos Amazon
"jeff. bezos" Discussed on GeekWire - Geared Up

GeekWire - Geared Up

06:28 min | 9 months ago

"jeff. bezos" Discussed on GeekWire - Geared Up

"Of a wakeup call. For how pervasive and how powerful this company has really become the last twenty five years under the leadership of Jeff Bezos who has described in the documentary as a small nondescript sandy haired man sitting at his desk back then when it was first starting Seattle to now a figure of folklore and the world's richest person so it Kinda uses Jeff Bezos to tell the larger story of Amazon how powerful they are And it really questions that impact that they're having on society whether they really need to be regulated. Did you walk away from it feeling? Like wow this is a monopoly and regulators need to step in. I don't know it definitely is. It was creepy was kind of scary. Just know and realize how much Amazon is doing. I think we write about it every day. We know about it but just in terms especially the data that they're collecting. You Know Amazon has always been data company in from day one when they launched their bookstore. And figured out what you were clicking on what you put in your shopping cart in which you didn't use Alexa and the ECHO. We don't even think about that as data but that is really data that Amazon's collecting so it's not to me to say whether they should be regulated. But I do think at some point. The government should step in whether the trump administration. Who would do that? That's their story. But these seem to be getting so big that even their first employee who is quoted. He's one of nine former insiders that are interviewed in the documentary Even he was saying that he was getting a little worried that his babies now turn into this monster it's not unfathomable that the trump administration would step in on the one hand. You have this government that is famous for being very friendly business but on the other hand. Amazon is kind of not in that category because of the personal animosity between Jeff Bezos and trump. Yeah I mean we'll see what happens in you know the big Djeddai cloud computing contract with the Pentagon's going on there's some push and pull between the government and Amazon Microsoft. We'll see what happens there but yeah it's it's definitely a must watch. I think it'll make you realize and learn a lot about Amazon's rise to power and I thought it was really well produced. They Sandwich Day which was really interesting. They started with the blue origin. Referencing the ended it with the blue origin reference. I think the US bases quote of big ideas style starts small or something like that. So it's interesting that the US Bazo his blue origin space venture to tell the story of Amazon and show. Jeff Bezos has kind of ambitions and goals It's been said and Jeff has discussed this that. The reason he started Amazon was to make enough money to fund his blue origin. Space Venture eventually contribute to getting millions of people living and working in space and so I guess that shows how big his ambitions have been. Do you think Alan covering blue origin so closely. Do you think that his attention has focused? And that's the top priority. Now I don't think so. I think that he's got so many irons in the fire. He does have a schedule. For example I believe Wednesdays are his blue origin days. He's got so many other things going on that. I think that he's actually shifted because now blue origin has a CEO. A gentleman named Bob Smith who is doing more and more of the public work and so I if anything I think. Jeff is step back a little bit to kind of let the organization grow because it has grown quite a bit. It was four years ago or so. It was at six hundred employees and now it's near three thousand employees interesting. What's really struck me about? This documentary was not only how many people Amazon has made angry over the years. But how many of them front-line got to speak on the record because we know covering this company? It's hard to get people to say anything bad about Amazon. Who Do business with them or might have done business with them in the past or perhaps had a nondisclosure agreement with them but kind of in every sector that they're in there was somebody to complain whether it was booksellers who felt like they had been ripped off former employees mayor. Bill de Blasio in New York. Who was furious with Amazon for pulling out of their Amazon? Hq to agreement to build a big headquarters there his quote. Actually I wrote it down because it just really struck me Amazon. Pulled out of this deal because there was a lot of criticism particularly from local officials in New York and to Blasio said in. What world are there? No critics? Well Yeah in an autocratic totalitarian world. Maybe they're not allowed. And maybe that's the world. Jeff bezos somewhere in his mind thinks he's entitled to still angry about the whole issue thing. A seems a bit salty about it for sure from. I did a really good job of getting insiders reporters and I thought the questions that they're producers asked the Amazon's exper- particularly good and it. Actually you know the Amazon execs are very good at kind of repeating the same things over and over and they tripped up a couple of the exacts a few times for example Dave Limp. Who'S THE AMAZON DEVICES CHIEF? They asked him about Alexa. And you know if the echo devices are always listening and and he started his response saying I disagree with that they're not listening and then literally a few seconds later. He said they were listening. And he had to backtrack on that so it was interesting to see kind of the test a little bit right. And Jeff Bezos did not sit for an interview in this documentary a bunch of executives did though and that's a big gap because it's hard to have Amazon actually put those executives forward for interviews but I thought it was really clever. What frontline did they pulled from old speeches and other interviews that were captured on video of Jeff Bezos and edited them very carefully to show kind of his inner mind thinking and in some cases it was a little bit damning because it went against what the more evolved Amazon is now saying about some of its practices Yup and circling back to your first question antitrust for a long time? Amazon's maybe live behind this thing. Where their whole thing is keeping prices low for consumers and that's. I think how they've maybe skirted away from the antitrust discussion because the current US laws. Are you know antitrust is put in place to protect the consumer and Seimas on says? Hey we are what we're doing but I think at some point in the documentary. They said we'll consumers may maybe getting lower prices everyone else in the ecosystem may be getting hurt and that can include third party sellers or competitors delivery drivers warehouse workers exactly so maybe low prices is not the only thing that the antitrust regulators should be looking at well. That's the big question of antitrust. Scrutiny of big tech right now because like you said traditionally at least for the past..

Amazon Jeff Bezos US Alexa Seattle Bob Smith Space Venture Bill de Blasio CEO New York Seimas Pentagon Alan ECHO Dave Limp
"jeff. bezos" Discussed on The Current

The Current

14:39 min | 9 months ago

"jeff. bezos" Discussed on The Current

"Jeff Bezos out with this next big idea announcing multi billion dollar effort to fight climate. Change calling the Basil's Earth Fund to provide grants starting this summer to scientists activists and NGOs focused on climate change with a net worth of one hundred thirty million valuing. Today's commitment at seven percent of his riches world's richest man meets world's biggest problem. That would be one way to look at the staggering amounts that Amazon founder. Jeff bezos pledged to his new Earth Fund. This week by putting ten billion dollars on the Jeff Bezos. No doubt hopes to make a difference for the planet but he's also drawing attention to it. Some people call big philanthropy and the questions that raises David. Callahan is the and editor of the website inside philanthropy and author of the Book of the Givers Wealth Power and philanthropy in a new gilded age. Good morning thanks for joining us. Great to be here. Thank you ten billion dollars. Sounds like a lot of money. What did you make of this announcement from Jeff bezos earlier? This week well. That is a lot of money. And it's especially a lot of money for the field of climate change work the next biggest funder in that space is the Hewlett Foundation. It gives about one hundred million dollars a year so that ten billion dollars is much greater than any amount of money. We've ever seen go to fight that climate change problem so given the size of the check. Is this something that you think. Climate Change activists should be celebrating or. Should they be a little cynical? Perhaps skeptical about this well like a lot of this big philanthropy by these billionaires donors. It's kind of a mixed bag on the one hand. What's not to like about some Jeff bezos with one hundred and thirty billion dollars showing up and dropping ten billion dollars to to deal with climate change on the other hand that gives him a lot of power as said he's now the biggest funder in that space and with that money comes influence in terms of what issues get prioritized and how this fight against climate change unfolds going forward. Do we have any sense as to who is going to be funded? What research would be funded Through an announcement like this. It's too early to say. He did say that he planned to give money to NGOs into scientists and You know there are obviously a lot of groups already out there working on this issue whether it's the Sierra Club or Natural Resources Defense Council and those organizations could use a lot more money to take on this problem. What sort of impact do you think it could make? I mean as you say. There's nothing of this scale in the climate change file If you give ten billion dollars what sort of impact that have it could have a big impact. It could greatly skill up some of the leading advocacy organizations. That are in this fight that money could be used to back grassroots groups trying to build greater public will. It could be used to help shut down. Coal fired power plants which is a kind of work that is costly litigation to to try to take out fossil fuel production plants and So we could have a huge impact when nobody knows how quickly he's going to give away the ten billion dollars whether he's going to put more money into the causes over time he does isn't the only Giant of technology to pledge to give away some if not all of his billions of dollars Mark Zuckerberg Bill Gates Among others have signed the so-called giving pledge that would make them compelled to give away a majority of their fortunes that seems on the surface to be a great thing in terms of helping the world by giving away money. That you've made what are the pros and cons of that sort of massive philanthropy while the pros are are that you do want the rich people in America and the world to embrace philanthropy to give away their money to help us solve some of the big problems. We have The CON is that with philanthropy comes influence and the best way to think of it. Is that this philanthropic giving is often another form of of money in politics Just like campaign. Contributions can buy influence and power for the the wealthiest people so can their philanthropy. It can be used to back think tanks toback advocacy organizations tobacco litigation. There's lots of examples of philanthropists who have written big checks and had a lot of of clout in terms of how certain public policy issues unfold. So it's not as though they're just writing a check you're suggesting that they write a check and then have some influence into where that money goes and what it's actually going to do. Well Yeah if you put a lot of money into a conservative think tank that that becomes a very effective and taking on a certain issue up say on Tax Policy. The you can have a lot of influence in terms of how tax policy goes if he put a lot of money to climate change. Michael Bloomberg has put a lot of money to climate change. She's helped shut down. Hundreds of coal fired power plants giving tens of millions of dollars to that. 'cause that's all great news if you think. Climate change is a huge problem. And you want to see coal-fired power plants taken out of commission. It's not so great news if you work in one of those coal fired power plants and So I think that a lot of people are wondering you know who are these billionaires who get to have so much influence education as another issue a lots of money behind charter schools and school reform efforts in the in the in the United States about who are billionaires to be to be having so much influence over a public institution? Is there any accountability in that? I mean you're not going to turn away. Presumably a ten billion dollar checker however much money someone who's going to be donating With that many. Zeros behind it but is there any accountability in terms of How those billionaires are guided when it comes to where the money is going. There's not a lot of accountability now. One BILLIONAIRE DONOR WHO'VE BEEN HEAVILY INVOLVED IN PUBLIC EDUCATION ISSUE? Said you know the great thing about me and Bill Gates is. We can't be voted out of office and indeed. The lack of accountability is a strength of philanthropy at that donors can take risks. They can back ideas that politicians would never get behind. They can think long term and and and look over the horizon as opposed to worrying about the next election or worrying about quarterly results. That's all a good thing. The bad news. This lack of accountability is that when they screw up or if they're giving does damage society. There's no way to stop them from doing more of the same. They also get to choose where their money goes Japa- said that it will go to helping to fight. Climate change are there causes and parts of society that might miss out when billionaires get to determine where their large donation will end up. Well what often happens is that grassroots groups that are working in communities that are trying to build power among the most marginalized people in society get mere crumbs if if anything at all from these billionaire donors remember. These are people. These donors who've been the winners in our new economy. They're they're the beneficiaries of trends like technological change globalization and many of them don't really want to challenge the status quo in any fundamental way in they're giving reflects that you don't see a lot of their gifts going to back labor unions or or advocacy groups that are really working to empower the poorest people in society. You mentioned Mike Bloomberg who has given a lot of money away over the course of his time. in business as a billionaire he also happens to be running for the US Democratic nomination. How does giving money away? Impact his candidacy. Do you think it's problematic? Bloomberg has given many millions of dollars to Mayors cities around the United States He's now getting endorsements from those same politicians and people are wondering. Hey you know. Was that the plan all along. Was he making these gifts a sprinkling money around the country in order to have some power in terms of of being able to call in endorsements later when he runs for President? If you go back to Amazon's Jeff bezos. He hasn't give you mean he's very wealthy. Man The wealthiest man in the world apparently but he hasn't given a lot of money away before this has he. No he hasn't and he's gotten a lot of criticism for not being a a major philanthropist. So far he is sending on tens of billions of dollars in wealth. His philanthropy has been quite meager to date significant gift here and there but but nothing sustained or large scale so this is a big new departure for him. Does he need to give any money away. I mean you could imagine somebody saying he made the money. Why why does he need to to be involved in philanthropy? That's his choice. A well exactly. He does have the choice not to give anything away but walk at the end of the day. Something has to happen to all this wealth and many of these people who've assembled these great fortunes don't WanNa see much of it go to the the government in the form of state taxes and so they would rather be in charge of giving away money themselves a lot of them. Also don't want it. Don't WANNA leave this problem to their kids. I mean it's one thing to leave your kid ten million dollars. It's another thing to leave your kid. Ten Billion Dollars Amazon has faced. All sorts of heat is a frontline documentary that aired on PBS Just in the last couple of days about The way that it treats its workers about its environmental impact around antitrust issues. What impact do you think those issues had or have had on? Jeff bezos is philanthropy. It's hard to say. It does not seem like a coincidence. That Jeff Bezos has turned to large scale philanthropy at a time when Amazon is facing rising scrutiny and criticism like lot of tech companies. Amazon is coming under fire from for from critics for all sorts of of of issues. And it's coming under more scrutiny from regulators who are looking at whether this is a monopolistic company You know it's worth recalling. That Bill Gates began his career as a major philanthropist in the year two thousand when he was right in the middle of a antitrust suit by the Department of Justice that was looking to break up. Microsoft and right in the middle of that Legal Fight Bill Gates announced that he was giving more than twenty billion dollars to his foundation to take on issues of global health and development. There are a number of people including Amazon's on employees who've said that What the company needs to be aware of as its own environmental impact. That has these huge data farms running it's Amazon web services.

Jeff Bezos Amazon Bill Gates United States Michael Bloomberg Earth Fund David Callahan Hewlett Foundation Bloomberg founder editor Mark Zuckerberg Sierra Club or Natural Resourc Microsoft PBS
"jeff. bezos" Discussed on We Hear

We Hear

09:08 min | 9 months ago

"jeff. bezos" Discussed on We Hear

"His old pal new Jackie's back in the day when he was just kind of budding. Mogul say they don't recognize him anymore that he's Gone Hollywood that since he matt Lawrence Sanchez that he's like changes style that he's hanging out with celebrities he's posting sell fees he's partying on yachts and that And they don't know who he is anymore. Gone are the days of the fleece vest yet. There's no more fleece but you know I and and obviously he just He just splashed out on buying on the old Jack Warner state which more recently people know that as David Geffen's Beverly Hills estate is thirteen thousand six hundred square feet and he paid one hundred sixty five million dollars for this for this home. I'm actually some disappointed because back. I remember when David Geffen bought the Jack Warner estate which had belonged to the Venerable Warner Brothers Mogul and studio boss and I always kind of had my eye on this property as well. I mean I I always like coveted this is one of the Hollywood properties that I covered it. And now it's been. I've been gazumped you've been Kazaam. Yeah which is a gazumped is now is like a British term. I believe in real British real-estate term for when someone buys out a property from under you you have like a mid on a property and someone gets it. So bezos. Geserum me on this one but a year ago we were expecting Jeff Bezos to maybe show but the Oscars going. He was already embroiled in this kind of scandal where he had left his wife. Mackenzie visas for Lawrence Sanchez. The ex wife or then current wife of Patrick White Soul the William Morris Endeavor power agent and we were waiting for them to sort of go public with their romance but I guess they Kinda put those plans on hold because basically you know he has been showing up at the Oscars for the past two years because Amazon is a major player in the In the movie business he had Manchester by the sea. Which was a bit of a Oscar? Contender Twenty eight twenty seven. Twenty seventeen exactly. Casey Affleck won But Lawrence Sanchez. Didn't show up with him. At the Oscars year ago flash or to this year is like a totally different story right there. Vanity Fair Party together. He over the summer was on David. Geffen's yacht than I. Maybe they were like brokering that deal to buy my house. You know he was at the Super Bowl. Sorry year ago also at the Super Bowl. He kept a low profile. He showed up at like a party. Thrown by Robert Kraft went to this role with Roger Goodell because Amazon also has business with the NFL. Right Dream I think Thursday night football for the NFL. This year another story again. He showed up and took a Selfie with Liz. Oh you know so he. He has an end. People of noticed like Sarin Nathan own paid six reporter has written a story that his friends have noticed that he's he has changed his style. Righties gone or the doughty Dorky. Fleeces talk gone. Are The boot cut. Jeans Garner the boot cut jeans. He and Lawrence Sanchez also showed up in Mumbai recently at an Amazon event where he was wearing like a kind of flashy Ir. I don't know maybe I don't know why the word brocade is coming to mind. I don't even know what that means. But I'm thinking brocade thinking well. Braggadocio mean different. Things Brocade low. That's menswear line brocade doce. Yeah that is. That's my formal wear. Yeah you're going to challenge suit supply very popular at proms. Eastleigh MEAN JESSICA MCCLINTOCK. Doing a labyrinth. You don't I wore not one but two just McClintock dresses to PROMS really Amazing Yeah they were both to to Jesuit lint dresses in one night to the same Diana Ross. When I was a junior I went with a senior and then when I was the senior I went with a senior. I think was there also a? I don't know why I know this shows. My deep encyclopedic knowledge of the trivial. Was there another prom dress? Brand called like gunny sack. I think I don't know maybe it's a Dolly Parton lyric. Do you know said. Why'd you come in here looking like that? Where she's basically objectify man in cowboy boots? You could stop traffic and gunny sack man anyway. Anyway as Shafiqul okay. So He's been showing these things. Jeff Chang with stars buying properties releasing photos of them in front of the Taj Mahal via the AP. Did you see that when they were in India? There's like a very like couple in India photo that the AP released as a high profile relationship when your couple photos are released by national news they also recently had lunch with Anna winter which we reports by the way at the dawn of this relationship. I attempted to get them a joint nickname which never worked in call them Bez. Chaz started writing as Chaz. I did it in one story and I put it in the headline and it was like Bez. Chaz thanks Maggie. No it did not get edited out. It ran and no one cared. No one paid attention to pick that up. Now go ahead. Is Chess Okay? This shows them having lunch with Anna. Wintour does this mean we're going to see them the cover. That was the SPEC. I don't know how the cover but but that was sort of the speculation you know. Could they be tied in about the met? Gala is another possibility. Maybe you know are they are pretty expensive. No but could that be a possibility? Do you think the five hundred dollar product flip flops. That made their debut on. Geffen's yacht went to Miami. Who's Flip Bazo? Sleep was wearing a five hundred dollar. Prada flip flop like that product flop so a source at told Sarah in her. I've known jeff since the early days of Amazon his recent behavior is nothing that I would expect from him. This is not the Jeff that I knew another source had told her that Jeff has clearly gone. Hollywood risky fashion choices lunch with Anna Winter. A nonstop barrage of shameless. Self with allister's he's a narcissist with poor judgment and Lauren is calling the shots sources. Also say that rather than driving a wedge between base Os and Sanchez. The highly public scandals have actually brought the couple closer together than ever before. What do you think Mackenzie Basis doing? Just like cackling just taking screen shots and sending them to the group tax author friends or like crying emoji. I think that I think the Jeff Bezos was enjoying wanted to get into the whole Hollywood scene years ago. Well before he met Lawrence Sanchez because I was at the Golden Globes a few years ago and it was sort of a time where Bazo was not. He wasn't his recognizable. You know what I mean. I guess people who knew who the head of Amazon was would sorted known but if you were at the Golden Globes like everywhere you look are major stars so wouldn't be like you'd be like ooh. Jeff Bezos was sort of like recognizing like Jack Dorsey Ray any other baseball to know. Yeah I remember that. There was one studio head who actually said to me after the ceremony. Hey did you see Jeff Bezos at the at the words and I was like Oh no I hadn't noticed like Oh my God. He loves this. He was like basically the studio boss told me that they they noticed. Particularly that bazo sauce was really enjoying the attention because everyone was Amazon was moving into the film business and the film business is in trouble. Generally so the places that have the money. Now or the streamers like Netflix and Amazon. And Hulu but he loved the attention from everyone in the business but he also My source was telling me that he was just loving. You know being with the stars in loving the attention and now it's culminated years later in you know at the Oscars. This year Chris. Rock on stage specifically had material about Jeff. Bezos was on camera in wall sometimes celebrities kind of cower. He seemed happy. He was smiling when Chris. Rock said he's got cash when he writes a check. The bank balances like Jeff Basis is so rich. He got divorced and he still the richest man in the world. So I think that this journey from the fleece to the loss. Ooh very safe loss anymore. That this was kind of in the works and something he has. I on before Lauren Sanchez that he loved the Hollywood stuff I think. Also if you're buying Jack Warner Resolve House. It shows like an appreciation for sort of old Hollywood and old Galley with mogul dumb. It's not just.

Jeff Bezos Lawrence Sanchez Amazon David Geffen Hollywood Oscar jeff Anna winter Jack Warner Lauren Sanchez JESSICA MCCLINTOCK Jack Warner estate Golden Globes Jeff Chang India NFL Chaz Jackie Kazaam
"jeff. bezos" Discussed on Slate Money

Slate Money

13:48 min | 9 months ago

"jeff. bezos" Discussed on Slate Money

"So let's talk about the hearing. That happened on Thursday in the Senate in front of the Banking Committee Pretty much fifty fifty Republicans and Democrats but I watched a bunch of it and it. Some of them are nice but most of them both sides would not nice to Judy Shelton. Who was one of the two nominees hitting that and then there was this other guy sitting two left who basically everyone ignored because they were like okay. You're you're you're respected fed economists. You've been at the Fed for years. Everyone kind of understands the Oh qualified. So why are you even here? And these are trump nominees for the Federal Reserve to be clear and what trump has done when he's nominated people to the federal because they really have fallen into two buckets. He's sometimes he just nominates the obvious technocrat. Who is good at their job? And probably Jay Powell would fall into that bucket but so Lael brainard and various other people who like sailed through the nominations had no problem and then yeah I mean I think we look at kind of early trump. It was still kind of normal and now we're moving a little bit into crazy trump. But but the point is that even with these two nominations. He's got one of each. Yes and that's true. Yeah the Was it Chris? Waller yes chriswell is. He's this Louis Fed He's always been on the dovish side He's buddies I believe with Larry Kudlow and they're both into the idea right now that they can keep on unemployment can go still much lower and it won't affect inflation so you know. This is a debate. That's happening in the Federal Reserve and basically every time that the Fed has worried. The unemployment has reached as low as it can go before inflation kicks in They've they've said like well. Let's try and see what happens if it goes even lower and then it goes even low. Inflation doesn't turn up so so it's an interesting debate in the central banking community. And there's lots of talk about this thing. Called the Phillips Curve and Chris Wallace right in that debate and he can add useful perspective to the Fed Board in terms of that debate and probably his conclusions are aligned with what Donald Trump would want them to be. Which is you can cut rates more. And that's fine but ultimately he's a relatively professional central banker and he'll be fine. Yeah the reason judy. Shelton is so worrying to people. I would say it's twofold. One is some of the things she said in the past specifically being a big fan of the gold standard believing that the Fed just shouldn't exist at all not believing in deposit insurance among just pause deposit insurance like Fdr deposit-insurance like the assurance. That I have that the money in the bank will be there tomorrow because I know that the federal government will make me whole. If I lose the money in my bank account who I was really surprised that a human person that is nominated for such an influential position. I mean I know. Gold bug is crazy too but for some reason I cannot stop thinking about that. This woman wants to get rid of the FDIC so as soon away by that. This is this is. This is not just by the way to fall point to be clear. This is not just something that she wrote once she this is something what she built her entire career around which is basically and this is not unique to Judy Shelton. This is a very very stand. The like hard libertarian view of monetary policy that the federal government should not be involved in monetary policy that we should just outsource the whole thing to a lump of gold and that Thanks and the banks. Should you know license full on their own merits? And they shouldn't be backed up by the federal government because the federal government like at interfering private comments and like the the crazy sort of rand's pool wing of the Republican Party has always had an affinity for this kind of thinking it has never been remotely. Mainstream is entirely counter to really the existence of Fed. And I would say what that's disturbing but I would argue that what's even more disturbing is her. Partisanship is the fact that she as you said. Felix built her career on this and then when she became clear that she was perhaps more aligned with trump that he was maybe going to appoint her now all of a sudden. She's a duff. When Obama was president she was out there saying that the Fed should raise rates and It was ruining the economy and now with trump residents. She wants the Fed to lower rate. And it's not just that she wants the Fed to lower rates he also seemingly wants the Fed to start getting in charge of the dollar in a way that like has historically been the rim of the Treasury Department and the Fed and she's like the Fed should lower rate specifically to weaken the dollar so that we can enter this currency war and expert model and this is a very very trump ist view and what is absolutely clear is that she has effectively jettison everything that she has ever said in the past after going to work for trump on the trump campaign in two thousand sixteen and is now a mouthpiece for whatever trump thinks this week and she would certainly just vote and act on the Fed Board in accordance with what trump wanted rather than in accordance with. Whatever wingnut libertarian ideals? She this would actually not so. I don't think it's so bad to keep rates low and keep juicing the economy and see how you can get unemployment for now. I guess the issue is trump wants. Trump leaves will the issue is twofold as one would say. I that she. If if trump gets reelected I think Felix has pointed out that she could be Put in charge of the whole thing could be mixed check next chair bad. And then second if trump gets voted out and she stays there then she and the Democrat. Who's president she could flip flop again and you know work. Put the brakes on the economy instead of using it the biggest issue is that she if she is on there and especially if she is the chair that starts to call into question the Independent. If is the chair. There is no funded infant. The rest of the board cut is I mean. It's not John me if she is shed. No I'm going to just come out and say if she is the chair then what the only way that she becomes the chairs trump is president so if she is a church the chair and trump is president there is no fed independence. The chair of the Fed just does the bidding of Donald Trump and maybe she has difficulty getting a majority of the votes on the Fed Board. Although at that point who knows you know on the Fed vote? But the fact is the multi decade history. Fed Independence has at that point. Come to an end and this is. This is incredibly dangerous like that to me. The reason why I think is actually won't happen is because of how dangerous that is. Having an independent central bank is so important for market participants to have faith in the dollar to have faith in our debt to have faith in the ability of our government to like have a function economy. It is so important when you look at times when the Fed independent owner when other countries have had their independence of their central banks questioned or clearly shown to be the case. The consequences are devastating. And we saw that even in the United States with other bands. You know when Fed independence goes that's harmful and what was super interesting in the hearing was at one point. Christopher Walla actually managed to get a wedding edgewise and he was talking about the ability of the Fed to keep on. Keep facing under control even when unemployment is very low and you have sort of full employment situation and he was like you know why we can do that. It's because no one expects inflation and no one expects inflation because everyone believes in head independent and everyone trusts the Fed and so long as people trust the Fed. No one's going to be like raising prices in expectation of inflation inflation to a large degree as a self self fulfilling prophecy like the the dynamics of inflation are the people ask for wage increases or increase their prices because they think that as inflation out there and they need to keep up with it and so long as you don't think that inflation is out there so long as you trust the Fed to keep inflation under control. Inflation doesn't appear well and also because I mean to be fair. Also you had a if you were just all of a sudden started printing money and you were printing money far in excess of increases into productive capacity the economy in theory. You would cause inflation right so that is why we have an independent central bank. So that governments won't do that because historically not necessarily always in the United States low can be in many other countries when countries want to print money so that they can spend more and then they degrade the value of the money and this is the dynamics of it. I mean so so yeah just to be clear here right now. Donald Trump. It's on a bit of a spending spree spending spree but suddenly like a fiscal stimulus free. He he cut taxes a lot and the way he's funding. That fiscal stimulus is by borrowing on the market and by issuing treasury bonds. It is conceivable if you lost the independent Central Bank. The he could just Clinton money instead. Instead of instead of going out and boring money from investors he would just say. Oh you know magic. I'm GONNA magic trillion dollars of you know new money out of thin air because you can do that when you have control of the printing presses and that you know as Anna says is super dangerous on a economic level you know. Do I worry that the Fed would be cut loose so much independence that they would go? That far probably not be. You never know I mean I agree with you. I'm not saying that I think that is my base case. I'm just saying that. That is the danger like when people say. Why does it matter if we have an independent? That is one of the reasons. The other reason is because let's say all of a sudden inflation for whatever reason does start to move up and if we do not have an independent fed they may be much less apt to actually act because the president will be like no if you raise rates. You're going to hurt the economy. I don't WanNa do that. So that's what the classic idea of. What what central bankers do they take away the punch bowl? Nobody likes the person who takes the punch bowl so they can't be body. The bigger picture here is that everything has become politicized. The Supreme Court is politicized which you know is meant to be like this the branch of government but has become just as his d in the way that it was never meant to You know the Senate was never really meant to be an office de body it has now become that and Justice. I think is a really apt example of justice. We know is happening this week. And if the Fed becomes politicized if you put Ponti political hacks onto the Fed such as Judy Sheldon though Stephen Moore Herman Cain that votes are going to be very very simple and very very predictable which is a simple if then if there's a Democrat in the White House I want to raise rates. If that's a Republican in the White House I wanted to raise and the Fed if you have that then what you wind up with is a fed whose basic job is to re elect Republican presidents and to make me crap so that democratic presidents wind up getting kicked out. You know conceivably it would be possible. I actually don't believe that there's anyone who would vote the other way like be like a Democratic Party hack and always for the to raise rates under Republican president. I can't think of any human being who would act that way but like ability of the possibility of the Fed board breaking along offices dealines rather than across lake hawks versus Devlin's is is so terrifying to any kind of economists that they just wanted to prevent that and I think that is ultimately. Why Judy shells and is going to withdraw nomination. She has got much further than the previous party. Hacks who who Trump nominated and the reason why they pulled out. I'm Cain and more previously was actually not because they were party hacks at least face but it was because they had like a personal problem and this is I actually think what's interesting is that because they had some kind of like me to issues that was kind of a fig-leaf that could be used so they didn't have to actually talk about the kind of independent issue or their their actual beliefs whereas with Shelton. You don't have that so then you really do have to say we are not nominating her. Because if you know we don't we think our ideas are not within the mainstream and we do not think she would hope hold the independence of the Fed and by doing that they now are going to raise the eye of Donald Trump. Which obviously people don't want to do. I guess the question is when people are listening to this episode. Is she still hanging around? We're not Also she did say something insane about she compared Some frauds financial fraudster to Rosa parks because of his audacity because he wanted to try to print his own currency and he went to jail and again in this late bonkers libertarian worldview. Everyone should be able to print around currency. The federal government shouldn't have monopoly on printing currency. And so she's like Y-..

Donald Trump Federal Reserve Fed Board president Judy Shelton federal government United States Senate Jay Powell Lael brainard Felix Democratic Party FDIC judy Stephen Moore Herman Cain Banking Committee Larry Kudlow Chris Wallace
"jeff. bezos" Discussed on Recode Decode

Recode Decode

11:37 min | 9 months ago

"jeff. bezos" Discussed on Recode Decode

"We're here with David. Kay He is a an author and he also works for the U. N. around Freedom of expression and opinion and he is also a professor a law professor. David we're talking about the idea of it being groomed. Let's walk us through your involvement in the Bazo thing because even though such a bizarre thing but it it sort of it encapsulates. What's going on the world's richest man who was hacked by another rich Man Who is actually targeting him because he owns the Washington Post and all kinds of things. Talk a little bit of what happened here. How you all got involved so I think I mean a lot of people know about the murder of Jamal. Khashoggi and journalists were wrote for The Washington Post. Exactly yeah not not the worst dissident Saudi Arabia not that most active but he was very outspoken about the Saudi government. Exactly I mean Jamal in the past was actually a friend of the house very much Believed in it as a stable force in Saudi Arabia so fair criticism. He was doing of the country totally fair criticism. He I mean in his is reporting. He was becoming more and more critical so in the year before He was he was murdered. His you know. His columns took a pretty turn against against house and in particular against the Crown Prince. Mohammad bin solved the behaviors. That were happening. I don't mean to say it wasn't. The worst is that he wasn't the most way out doesn't and he was very trying to change the society with criticism which wasn't a radical exactly wasn't a flame thrower by any means so after his murder. Both on yes Calamar. Who's the Special Rapporteur on extra judicial killings? Both she and I had gotten involved in you know at first we were urging the UN basically the secretary general to launch a commission of inquiry or at least a point a group of experts to investigate how it was and who was responsible for murdering Jamal Kashogi in the Turkish in the tragedy of this Saudi consulate. Is You know makes it an unusual set of circumstances. It's not our normal killing of a journalist so and and then on yes went on to do her own. Specific investigation of the killing and and her conclusion was basically. The crown prince was behind our own intelligence officials. Everybody exactly right so okay. So that's on one track And as part of her investigation she saw that there was considerable surveillance of people around Jamal Kashogi so dissidents activists journalists who were associated with them and it was clear that they had been an citizen lab a an organization based at the University of Toronto. That does a lot of amazing forensic work and advocacy. It identified the well. There's this Isreaeli Company that makes this. Malware spyware called. Pegasus that is a tool for really invasive. Intrusive surveillance Via phones the phones. Exactly okay. So that's happening on one track on the track. I did a lot of work on the private surveillance industry more. Generally I mean. It's an industry that basically operates without constraint so NSO group is just one instance. There's hacking team there's Gamma Group Fisher. There's there's it's actually probably We only see the tip of the iceberg. And they're being hired across the globe you've read about them in in in like books spy thrillers but private companies that are hired to do surveillance by governments or individuals or companies or things like that. And it's been growth them using digital means completely and there's a legitimacy to it I mean there's a legitimacy to saying you know in the in the context of fighting against terrorism were violent crime or You Know Ch- child abuse and kidnapping. There's a completely legitimate use. As long as it's constrained by rule of law raining you know warrants judicial warrants for the use of those tools. There's a legitimate place for these and actually a pretty important one. The problem is that these tools are abused around the world against journalists against activists and human rights and gender dissidents. So so I did a report last year. That focused on the on the industry and I basically called for a moratorium on the transfer of this technology. At least until there's a legal framework around it transfer and constraint on its use so you know basically that put on yes and I gave us some profile on these kinds of issues and so we were We were basically handed This forensic report that looked at This allegation that Jeff bezos haven't had had Amazon had been hacked not not just by Saudi Arabia. Because that had been out there his chief of security had made this allegation about a year ago I think in in February march last year But actually tied directly to interactions with the crown prince with. Nbs himself to lay this out. How this happened this report that GA- given Sorry backup to Becker who worked security head for Jeff as as you'd imagine the world's which meant that has security around him and you'd imagine you would be safe because he's a world but indeed that is not the case and there's all kinds of points of vulnerability. There's a lawsuit right now from his brother-in-law who seems to have taken pictures and giving them the national enquirer from what he it looks like. That's what happened. That's what choirs that happened And I think that's what Jeff Bezos thanks And his sister also thinks that who? Who's dating Jeff Bezos But that that's a weird point of vulnerability that's a strange little side note but this is a real. This is someone who was texting using. What's APP is that correct? Yeah so what happened was When say what's APP and my APP goes you have this magic sound guy so So basically what happened was people might remember that. Nbs did this national tour. He came to the United States like three weeks. He was in Silicon Valley quite a bit exactly went to the values pictures of him with I think with circuit and so he comes to Los Angeles cited to something. I'm like no way I'm going there. Yeah well you know way you could've had this You could have been part of this story. Yeah I was thought though. These people were just anyway so he met with he did meet with you know apart from you. He met with everybody. Save is some events some events as well and you might not have done what. Jeff bezos did which was they. Were to dinner and exchange numbers you know. Nbs and bassist. They're like your top in touch. Yeah and by the way just so limited take them rich people do this all the time they get they get together at these dinners. And it's like I was at one with Jeff Rupert Murdoch and you know all of them back in the day and they all just the socialize. They socialize in this weird. It's strange and weird. But they do that and they do they. They like to contact each other. You know it makes sense right. I need to talk to you about. Saudi Arabia. Might Start Amazon thing just to share of problems too. He's GonNa Talk To. Yeah Yeah so so. They share numbers and and they actually you to do a quick. Hey Hey it's NBS kind of thing. So what happens is about a month later and I can't say that. Mbbs himself sent this right. We know is that video was sent from the account of MBA's to Basil's and this report shows how within hours of the sending of this video. There's this massive spike an exfiltration data from the phone to some unknown location. I mean I should emphasize the report that we got was interim. It's not a conclusive report. It basically says we have medium to high confidence that it was. This vector the use of this video video. Yeah the infected. Jeff Bezos is phone and what they show in this. Frantic analysis is there was a baseline of very little data. Coming out of of bazars. This phone Over time historically right and then suddenly it spiked up like twenty nine thousand percents and you would see these spikes over the course of a couple of months actually over the course of a year leading to one spike that was like four gigabytes And you know bazars didn't use. I cloud backup so there wasn't really another explanation for this other than it being a hack and the taking of information so from our perspective personal. This is his personal phone. I mean I don't know if he used other phones and whatnot. I mean most of these. You know people have many many phones right but this was his personal phone and you know from from our perspective what we do in the UN. We get information that we I. We communicate with the government And which is what we did. We sent a letter to the Saudis. And Said we'RE We've received this information if it's true. This raises really grave concerns about freedom of expression. And you know that we laid out you know the relationship between Bezos and the Washington Post Jamal Kashogi the connections between this particular hack or allegation of a hack and the hacks that have been alleged about the people around Kashogi right so And Jeff is around can show you just for those who owns the Washington Post and there's been a lot of noise because it's been trump has attacked it. Trump is very close to M. B. S. So it's alleged that they're trying to get Jeff bezos in some fashion because they're angry about His his paper his ownership of the paper. Yeah it know exactly. And that's so from our perspective. We're not saying to either. The Saudis ordered the public. We did a public statement about this. We're not saying this is conclusive evidence but there is enough here one that the Saudis have tiresome questions to answer it certainly looks like they targeted bazars and in light of the kind of the entirety of the relationship between basis. And the Post. The Post and Jamal Kashogi the allegations and demonstration of other hacking. We need information but also it's the kind of set of allegations that we regularly go public with because people need to know about the risks now it may ultimately be that. There's some other explanation. I doubt it when you look at the report. And you look at the timeline. It's hard to imagine any other explanation. But we're we're human rights fact finders. Were open to receiving information. But it's really concerning absolutely so swinton. Why why this is important that it's such a bizarre stream events but I think here's the world's richest man being targeted and successfully At some point whatever. They pulled out from the phone Also that everybody's Vulnr- vulnerable and and he has probably the most would assume would have I don't necessarily assume he has the best security but he should for sure and that this is it's as easy as putting video now. What I understand is he didn't even have to watch the video corrected he click on he did not I? You know the report doesn't make it clear. It was a no click right so it just has to be sent exactly so explain how that works. Okay so actually. There's a separate track here. Which is what's APP was vulnerable to exactly this kind of it was basically what's up and facebook. Let's head another wrinkle to it. So here's our WHATSAPP facebook link but there's also an IOS link. I mean basically the vulnerability here which was that..

Jeff bezos Jamal Kashogi Saudi Arabia Crown Prince The Washington Post Nbs Kay He murder UN bazars Amazon Jeff David facebook Bazo professor Jeff Rupert Murdoch Khashoggi national enquirer
"jeff. bezos" Discussed on Fresh Air

Fresh Air

09:45 min | 9 months ago

"jeff. bezos" Discussed on Fresh Air

"What aspects of it but there's also the question is president trump trying to interfere with Amazon for retribution. Because Bezos owns the Washington Post and trump hates the Washington Post and considers it fake news and considered the post publication. That's out to get trump so What do you see happening with? President trump and his allies and Amazon well The Amazon right now is challenging. The fact that they lost ten billion dollar contract they were passed over for it and it was given to Microsoft and their challenges saying that president trump essentially corrupted the process because he doesn't like basis and he's made it clear that he doesn't like Bezos in tweets elsewhere because basis owns the Washington Post. It's one of the craziest wrinkles in the whole story. Which is that you know. Basis bought the post well before trump became president or was a candidate for president but Bezos has ownership of the Washington. Post has made him a target for the president's ire and So it'll be interesting. If for instance the Federal Trade Commission which is independent from the president but still he pointed the chairman there whether they take an enforcement action against Amazon. And that in some way that could be construed as a political act I I would urge caution about that. Think that the FTC is in would probably take that independently but just the mere fact that that could be insinuated because the president doesn't like basis Is makes for a really interesting time right now when it comes to this and what's also interesting. Is that the president raises some valid points about Amazon. You know and and So I think that for some of the critics of Amazon. It's a very strange thing that their criticisms are echoed by president trump. Because those aren't necessarily natural bedfellows. Do you think any of the Democratic candidates have interesting proposals for regulating Amazon. Yes I mean I think Elizabeth Warren has really been at the forefront of thinking through what to do with Amazon and the other big tech companies and really. I mean she before she was even running for president really did open up a conversation About the concentration of power specially monopoly power among the big tech companies and. She's come up as she does with a very detailed proposal but she's also made a deal of the idea that this break them up Which can mean a lot of different things? Essentially what break them up really means though is that to try to limit the lines of business that Amazon can engage in. So for instance Amazon. Is this platform for online commerce. That they themselves are competing on as a store against other stores and retailers. So she has this idea of. Maybe they shouldn't be competing on a platform that they own Maybe they shouldn't be allowed to be doing that because they have an unfair advantage That's in part what break them up means and And so I think it certainly something that Congress is going to be considering And I you know I think some of the other candidates have have been supportive of that idea of breaking them up. Amazon owns so many companies. Jeff Bezos owns the Washington Post Amazon has contracted with the C. I. A. For Cloud Computing Services. They're selling facial recognition services to police departments. I mean Amazon is involved with just about everything and Bazo says big goal is to get into outer space. So let's talk about that for a second. What are his plans when it comes to? Jeff bezos He. He's got to CEO's that are running Amazon and he asked stepped away a bit from the company. I mean he's helping to expand it into India and other places but as we understand it. His primary goal is to focus on his company. Blue origin and blue origin is his space exploration company. It's as rocketship company. And essentially it's the fulfillment of something that has been as lifelong goal and plan which is to as he puts it build the infrastructure to go to space and to make cost effective for us to figure out what to do in space and he claims and I think he's genuine believing this he wants to save planet earth and his whole idea is that he he. He doesn't wants there to be dynamism and growth he believes in capitalism he believes in consumerism. He believes that all of these advancements of energy usage and things that we're doing here are for the better but obviously they're hurting the planet and that we're going to need to look to the heavens essentially to figure out how we can continue to live in a world of dynamism and growth and that inject basis his mind means we may need to move heavy industry into space. We may need to mind other planets or planetary objects for their resources or we may need to actually build space colonies and he is really serious about this well. It's a complicated vision. Because do we want outer space to be owned by a private company? Yeah I think that that's complicated. I think that there are other obviously other Very wealthy people that have their space endeavors have similar things in mind. The way that Beza thinks about it is he's GonNa spend a billion dollars of his own fortune every year. Pump it into blue origin. This company and by the way blue origin is also seeking out a lot of federal contracts to try to do this to send satellites up Contracts with the intelligence community contracts with the department defense contracts with the with NASA Because even the richest person in the world can't fund this himself he he needs the help of the the federal government. Did you change your mind about anything pertaining to Amazon her bezos through the course of doing the documentary Yeah I mean certainly. It's in in the course of reporting this for the past year With my partner on your Borgen Meghan Robertson Who went through every shred of footage of Jeff Bezos over the years To try to kind of see what he was saying as as the company was growing. I mean you you. You can't help but be absolutely astounded by what he's done. I think though one of the things that I it it it just felt for the past year of like okay on one hand. It's amazing because we're all enjoying these inventions you know. Pbs runs on Amazon Web Services. Right and and And I am actually. I am prime member. You know. So you're dealing with all these conflicts as you go along But I think that Franklin four in the film puts it best which is like everything. That's amazing awesome about. Jeff Bezos and Amazon is also something to be feared about Amazon. And Jeff Bezos. And that really at the end of the day You know I think what I was surprised by was just how how complicated. This is the nature of the power that comes with being such a innovator and such an inventor but also how problematic that is that so much power as pooled into the hands of one company and one man James Jacoby. Thank you so much for talking with us. Thank you James. Jacoby spoke with Terry Gross. Yesterday he's the correspondent and director of the new frontline documentary Amazon. Empire the rise and rain of. Jeff bezos it premieres Tuesday on PBS. You can also see it on the PBS VIDEO APP and PBS Dot Org Slash frontline after we take a short break. Ken Tucker will review the new album from singer. Songwriter John Morland. This is fresh air support for NPR. Comes from whyy presenting the pulse? A podcast that takes you on adventures into unexpected corners of health and science plastic in the guts of deep sea creatures crying after anesthesia building. Your own Internet. Each episode is full of fascinating stories and Big Ideas. The pulse available. Where you get your podcasts. Or at W. H. Y. Y. Dot Org. Hi It's Terry Gross inviting you to check out our new online archive collecting forty years of fresh air interviews and reviews. You can hear my interviews with people like David Bowie of Franklin Johnny Cash. John Updike Tony. Morrison searched for names. You're interested in make a playlist for yourself or friends at fresh air archive dot org. That's fresh air archive dot org. John Moreland is a Tulsa Oklahoma based singer songwriter. Who's just released? A new album called L. P. Five moorlands notable fans range from Miranda Lambert to Rachel Maddow moorlands known for Writing Superb sad songs but rock critic. Ken Tucker says this. New Album shows a wider range of emotions.

Amazon Jeff Bezos president Washington Post trump Ken Tucker Pbs Terry Gross bezos Federal Trade Commission Franklin Johnny Cash Microsoft Washington John Updike Elizabeth Warren W. H. Y. Y. Dot Org L. P. Five moorlands James Jacoby NASA
"jeff. bezos" Discussed on Download This Show

Download This Show

03:42 min | 9 months ago

"jeff. bezos" Discussed on Download This Show

"Troll. Because he looks admitted he's listening to it is. You'll go through the week in media technology in culture. We're GONNA ride Johnson Jeremy Kirk and Marc Fennell and Jeremy. You've written a story recently but just to set it up. Can you introduce me to the concept of peekaboo my moments because it's the subject of Sim drama. So it's an APP for android and IOS. Send an APP for baby photo sharing APP and you also can record like milestones with your child like the first time. They walked their wage or their height. And so like I. I think I've universe where you just WanNa share pictures of you with a select group of people. Yeah it's not public post it aside and people just kind of go to it. It's just kind of interest hours down instead of sharing sharable digital people collect. Yeah and it's it was looks like it's pretty well regarded and it's been downloaded many many times and I spoke with a researcher in taxes. Name is Dan. Erlich who found that this company that had developed it had left. A database online was just open. And so you could go to. It contained all the log files every time you kind of open the APP. There's a log file recorded. Has Your device Meta data data email address and some other things such as baby photos and so when you took the euro's out and just plugged them into a browser. Just see baby photos so obviously he. This was pretty alarming. So we Kinda Act we contact the company and said okay. We'll notify them and so I wrote them several times and said hey you've got this database open anybody. Can anybody can access these baby photos. You need to secure it just crickets for days. So I got in touch with the CEOS in American can colleague of his said. Hey can you get in touch with him because this is online he actually got back to me. It was kind of like okay. I'll see if I can pass on the message inch was like okay. This is actually pretty serious. So finally you know after like four or five days were like well. I'm just going to write a story about it and see what that does and so I wrote a story about about it and eight hours later. They took it off line. Funny that when you email them why I'm calling you from data breach today dot com. 'cause I feel like if the guy which by the way is one of the mastheads with National Security Media Group still got it. I feel like if I can email from a guy with data breach today to die dot Com. I listen I read that too so yeah I said I'm a journalist and you know I had I was in touch with the security. Researchers searchers found that. You're exposed all these people's data and yeah you know. Try to make it as explicit as possible. This company was based in China however the founder appeared to be in San Francisco so I mean e mail their support addresses everything else and just nothing so left with no other choice other than publish. We went ahead and did it and then So afterwards got Kinda Kinda Harry. These IOS sort of it started making threats about. I'm going to report you and Dan the researcher to the FBI. I want to help you. Yeah I mean you said he's authorized you've illegally access this information. We'll you've you've left it online. Anybody who types in This I pee address can see it so you know. Go ahead if that's what you WANNA do but we've told you about it you know it's your responsibility. I said you should probably be more worried about the regulators because in Europe for instance and it looks like you have European users. You could be fine up to four percent of your revenue kind of depressing that he wasn't concerned at all about the safety security any of the users of the APP location daughter in from other stuff..

"jeff. bezos" Discussed on The Journal.

The Journal.

10:51 min | 9 months ago

"jeff. bezos" Discussed on The Journal.

"My My name is Dr Alexander Sachs. I'm a psychiatrist. And the host of the Gimblett Podcast Motherhood sessions which is back for a second season each episode. I sit down with women who've come in with a question or a problem and we work on it together. When was the last time you tax? I think it was like two years ago. I just I feel feel like the sexual part of me is just doesn't exist anymore. You can listen to the new season of motherhood sessions for free on spotify or wherever you get your podcast. Welcome back by the end of two thousand eighteen M. BSN Simba's were not on good terms but no one knew the extent of it. Not and tell a personal drama in Betas life brought it to light and there's a person in here at the Journal who's watched it all unfold the head of our investigations team a man named Mike Second Nafi and how most people refer in the newsroom psycho. But again that doesn't have to be chief or boss. I answer to a lot of names I just WanNa. Does he copy. There's a lot of copy that crosses my desk and the recent stories that he's been editing have their genesis in a big announcement. bezos made last year in January of last year basis came out with a tweet announcing that his wife of Twenty Five Years Mackenzie bears as us. And he were divorcing and shortly after that the National Enquirer tabloid paper of record came out with screaming headlines. Talking talking about how the divorce was prompted by an affair. Visas had with Lawrence Sanchez born Sanchez a TV. The anger was married herself at the time. And so what looked to be a major revelation of a personal nature by Bazo. The divorce forest turned within a few hours into a much larger scandal because it involved the national enquirer releasing to the public very embarrassing information about. Jeff Bezos is a fair which led to the divorce and some photographic evidence of this. Yes there were photos and they were texts that the national poorer gotten so. Can you give us a flavor of those texts yell try. This is revanchism. NASA's told Sanchez. I want to smell you. Want to breathe you in. I I want to hold you tight. I WanNa Kiss Your Lips. I Love You I am in love with you and on and on until recently bazo had sort of a geeky reputation in in an interview in two thousand fourteen. He said that doing dishes every night was the sexiest thing he does is. His personal life was certainly kept private for many years and everyone when they focus on days as they talked about the brilliance of his business acumen and handle he founded Amazon and turned it into this monster company that everyone uses. You seem to be a private guy. And it's that private persona that made Bazo says public response after this saga. Perhaps even more surprising about a month later is she can extraordinarily blog post on what's called medium in this. Post bezos wrote quote. It's unavoidable that certain in powerful people who experience Washington Post news coverage will wrongly conclude. I am their enemy. And bezos hinted at two potential enemies. Amis who might be behind the national enquirer Article One the White House which head publicly complained about Washington Post coverage and the other the Saudi Saudi government the connection between Saudi Arabia and the national enquirer might seem surprising but they have a history three. Here's Justin we know that. Prince Muhammad and David Pecker. WHO's the head of the parent company of it's national enquirer had met two thousand seventeen really knew each other and around the two thousand eighteen visit when Muhammad keeps America? You do you choir published Glossy magazine. That was basically I mean. It was almost reminiscence stuff that you'd seen the tabloids Princess Diana was the fawning over the top language. About how amazing Prince. Muhammed is changing Saudi Arabia. One of the world's biggest investors and incredible American ally fighting terrorism and it was this like fawning piece of suck up the national enquirers parent company sources. This is have said. He had talked with the Saudis about funding for the company and in this blog. Post bezos revealed that he thought the national enquirer her was going after him beyond just the one story they'd published. He accused the paper of trying to blackmail him by threatening to release more details about his extramarital title affair. racy photos more texts ones. That would be even more embarrassing if they ever came out to Bezos than what had previously come out things things like according to vases medium post a full length body Selfie of Mr Bazo swearing just a pair of tight black boxer boxer briefs or trunks with his phone in his left hand while wearing his wedding ring or other naked cell fees and the like exactly exactly Bazo said in this medium post that the national enquirer was blackmailing him because they wanted him to stop investigating how they got his texts and why they wanted them. American media The parent company of the National Enquirer denies. There were any political motives behind the report on basis. When you read red basis as medium post what was your reaction to reading that letter? Do you remember. Holy smokes or some variation of that probably in the national enquirer had for many years been trafficking in racy information. But this is the first instance that we were aware of where. You're an executive. Try to get ahead of the inquirer is doing and flip the script on them and put them on the defensive so we knew it was a huge story. We just didn't know how far we'RE GONNA go. Basis is public admission about these photos and texts and his claim blackmail launched a bunch of different investigations and prosecutors reporters and Bezos himself. Were all trying to figure out what happened. Exactly how the national enquirer was able to get a hold of the texts and whether the inquirer was motivated by anything other than juicy tabloid gossip we launched investigation to our team through sources that he spoke with discover that the enquirer had received a number of photos and texts from Michael Sanchez. who was the brother of bezos lover Lawrence Sanchez? And what did our sources say about. Who Michael Sanchez is so Michael? Sanchez wasn't particularly well. No known before this incident as a talent agent and he's managed some television stores in reality show judges but the more important element of this at least as it relates to the inquirer. Is these long. been a source for the Inquirer reporters here at the Journal. Were able to find the contract. Michael Sanchez signed with the national enquirer. There was an agreement. That inquiry came up with Michael Sanchez. Paying the princely sum of two hundred thousand dollars four text photos and others nation that related specifically to the affair that his sister had with just Basil's in that contract Michael Sanchez said he got the text and photographs that legally so that left Mike and his team wondering how exactly did Sanchez. Get those texts and last week on Friday. They found out the photos and the texts. That Michael Sanchez Sanchez. Got were sent to him by none other than his sister learned Sanchez the US Attorney's Office for the Southern District of New York in Manhattan. It is in possession of these texts showing the progression of the text and photos from Lawrence Sanchez to Michael Michael Sanchez to the national enquirer. But wait a minute here. This is his sister. Sent the FOTOS use. These racy photos the text that you read to her brother. Why would she do that? Why don't they anyone could get into Lawrence Sanchez's head and Lauren has not responded to requests that we've made multiple requests for comment at the time she was married? Jeff Bezos was married so people could speculate about witter. Antennas were what the effect was that it did trigger or seem to trigger bezos to get a divorce from his wife and now Lauren Sanchez. And Jeff Bezos. Those are a couple Michael. Sanchez declined to comment on the texts or his contract. With American media in a statement he said quote with Spoon Fed lies and half-truths The Wall Street Journal keeps getting it wrong. Lawrence Sanchez didn't respond to requests for comment. And an attorney for Jeff bezos declined to comment. There's one aspect of the text revelations that Justin says is unresolved. There's this little space is in there. which is that? It's still unclear how the inquirer was first tipped off about the affair. The Inquirer said they were tipped off to the affair. It advance of getting the stuff from the brother and we don't know how they were tipped off last week. A report that was commissioned by Basil's came out it looked into the possible hacking his phone and that report concluded that Saudi Arabia likely hacked into his iphone through that video message sent in May of twenty eighteen to United Nations officials reviewed the report and said that those was likely hacked by Saudi Arabia In an attempt to influence how the Washington Post was covering the country but especially too many cybersecurity experts. The report wasn't complete. Nobody's found the malware on the phone. There's big gaps here. So there are all these speculative reasons why something might be true or something might have happened but there still remains the fact that nobody's found the alleged piece of militia software. The report also doesn't say what sort of things if any were taken off off of Bazo says phone by the Saudis. The questions. It's around the is there any nexus between what they believe. Saudi Arabia did what came out in the acquirer. We're not sure shore..

Lawrence Sanchez National Enquirer Jeff Bezos Michael Sanchez Sanchez Saudi Arabia bezos Mr Bazo Sanchez Lauren Sanchez Washington Post The Inquirer Dr Alexander Sachs Mike Second Nafi spotify Saudi Saudi government Michael Justin Basil WanNa Muhammad
"jeff. bezos" Discussed on The Journal.

The Journal.

04:20 min | 9 months ago

"jeff. bezos" Discussed on The Journal.

"Things weren't weren't always so complicated between Bazo in Saudi Arabia. Actually for a few years basis and the Crown Prince of Saudi Arabia Mohammad bin Salman seemed to be friends. The two met in two thousand sixteen. When bezos took a business trip to the country looking to see what opportunities there might be Amazon and the crown prince saw so the potential benefits of being friends with him if Mohammed bin Salman could form a public relationship with basis where they were seen together and they were seen as in the same universe I mean Mohammed could make himself like he's the kind of guy travels in the same services? Jeff bezos. It would help him and it would help his stature at home and abroad. This is Justin check. He covers finance. He's especially been focused on Saudi Arabia and Mohammed bin Salman New Vision for the country Mohammed bin. Some on early on he identified Amazon is company that he wanted to establish itself in Saudi Arabia. To help boost settier profile and economy and make it more of the country he admissions has planned out a five hundred billion dollar brand new city to be built from scratch and the idea was that it was going to be center for Innovation and they identified a number of anchor companies. They wanted to come there early on with the Greek government incentives the government paid billions dollars. Free land free ranked in all sorts of other incentives to bring them there to start creating jobs and to create innovative new. Corporate structures and Amazon was one of them. And do we have any sense of whether Bezos was on board with that plant the Prince and bazars personally discussed various plans to bring Amazon specifically Amazon web services to Saudi Arabia. They were talking about a deal where Amazon invested its own money. Maybe a billion dollars more of its own money building data centers in Saudi Arabia turning into a regional hub. which would have been a brand new thing for the kingdom and would have added a level of legitimacy in the business world world? Hadn't really had Bazo hasn't commented on his relationship with the Saudis and representatives for the Saudi government also declined to to comment as did an Amazon spokesperson but Justin and his colleagues spoke to people on both sides of the agreement and they said this deal was an exciting thing for for basis and Mohammed bin. Salman those sources say that the two men continued to discuss the agreement from afar her and then in the spring of two thousand eighteen. The prince took a trip. The kicked off a series of events. That would eventually call this relationship into question. Mohammed bin Salman to the United States for three weeks in a big splashy campaign to change American perceptions about the conservative and oppressive kingdom the Crown Prince of Saudi Arabia is poised to take Hollywood by storm later today. Reportedly set to meet with heavyweights rupert. Murdoch and Bob Iger among long others Warwick tour. You went to starbucks the Michael Bloomberg net everyone from President Trump to Oprah Winfrey to Richard Branson Prince was and did. TC Jeff bezos he's charged in La. They had dinner at the dinner in Los Angeles on April fourth. Two thousand eighteen. The Prince and basis exchanged contact information so basis phone and just sent a message to the prince said hello. NBS NBS's Muhammad Awesome on and Muhammad replied. Say Hello I saved the number Mohammed Bin Soman and for context the Prince. Is it extremely busy person. Listen and he stays up all night and I don't think he sleeps very much and he is. What's that messaging with a lot of people all over the world seemingly all the time and so it wasn't really unusual that he and basis would have changed? What some numbers and they would then send messages back and forth? It's in keeping with the way the prince does things after. They exchanged numbers burs on. What's APP bezos became one of the people? NBA stayed up late at night messaging. According to Justin sources. They discuss business over what's APP. And then Bezos got another message from MBA's WHATSAPP account.

Jeff bezos Saudi Arabia Mohammed bin Salman Amazon Richard Branson Prince Mohammad bin Salman Mohammed Mohammed Bin Soman Mohammed bin Salman Justin Saudi government NBA Los Angeles starbucks Michael Bloomberg rupert Bazo Bob Iger United States
"jeff. bezos" Discussed on The Small Business Radio Show

The Small Business Radio Show

05:56 min | 11 months ago

"jeff. bezos" Discussed on The Small Business Radio Show

"Percent of what you would like to know and he says you can disagree agree with the decision but somebody has to make the decision and and they default to action. So the concept here is I disagree with the concision does the decision. I don't think you are going to be correct however we need to move forward so disagree with it but I fully commit to supporting you and I hope hope I'm wrong. Natural very interesting mindset and allows M.'s on to move quickly and I think that's one of the keys to to their success also small business. It's great to have disagreement but when the decision is finally made by the leader everyone's got to support it and too many times people people continue on. There's folks inside your company that are still undermine decision or yapping about yeah exactly and that just undermines culture. It undermines the learning process process. It undermines helping the customer. And that's what they are trying to do away with Amazon now and I'm sure there's still some of course. Of course you know the the the the culture is yes. We disagree but let's move forward another one leaves you principles you talk about is paid to quit. What does that mean? So at Amazon. And this is primarily in their fulfillment center so they have about two hundred and fifty thousand employees in their warehouses fulfilment centers and they have ever program called. Pay to quit. And this is the ability or the Amazon giving an employee who literally early doesn't like it and doesn't want to be there the option to take money and quit and so after the first year and every year up to five years they they are offered starting with a thousand dollars maximizing at five thousand cash incentive to quit. And it's what they brought over from ZAPPA's when they acquired zappa's in Mid-2000s Zappa's has a very similar program. And the idea here is you know if you don't like it Amazon if this is not the right place for you we don't want you to be here either and it gives An employee a an out now now. The downside is that employees will never work at Amazon again. You know so. It's an intentional decision. Process there but I think it speaks to their their customer obsession but also there Mindset around helping their employees as much as they can and I think that this really does work because think about it the employees. That's GonNa take a thousand dollars or two thousand dollars or three thousand. That's their job Steve. You really don't want them there anyways. Correct and it really is a positive way to weed out the people who really shouldn't be there maybe in the first place. So here's my question. Why haven't you met? Jeff bezos yet. You wrote this book on. His principal is philosophy guide. I know well and and part of it. The two the reasons I've tried a little bit to get in. It's obviously very hard to get in to see him and to my viewpoint was I'm just like any other business owner out there. I read the letters. I didn't have any inside information. This literally is information. That's available to anybody. I just happened to be able to recognize the value in it and bring it together in what I hope is a certainly a readable and very consumable book that can apply to any business but I would think that it's very favorable and his leadership style. So we'd say yes Steve. Come on in. Let's have coffee. Well I I ah. I still am working on doing that so hopefully that'll happen sometime soon. So for two thousand nine hundred ninety nine. When is the letter do so? The in two thousand nineteen ladder will be released. Generally around early April. So the the the SEC filing their ten K which is their annual we'll filing for public companies Is usually filed by. I think it has to be followed by late. March and then the shareholder letter comes out a few weeks after that traditionally. It's been in early to mid April now. I don't know of bezos listening to this radio. Show but there's always hope but I am a prediction here. Steve I think than two thousand nineteen letter. He's going to mention you. You and thank you for writing the book. The bees letters fourteen principles to grow Your Business Amazon. What do you think I would be thrilled and if you did that? It certainly would be a nice endorsement that I would absolutely make sure people understood and read. So and what are we talking about back cover. We're talking about front cover of the book absolutely no question about it so we're can be redesigned the front cover We redesign anyway. So where can people get a copy of the book and also get in touch with you. Well the book is available wherever people By their books whatever their favorite bookstore is either online. Obviously it's at Amazon and Barnes and noble and some of the others and also local bookstores may carry it. They if they don't have it in stock they can certainly order it and then for those that By the book there's some additional material. We put together together to help with the fourteen principles and how to apply them. Those are available at the website. The BAZO SLEDDERS DOT COM now. If you redesigned on the cover of the book if he gives you a quote maybe you'll show the front of his face rather than the back of his head. Exactly yes there was a little copyright discussion around how to how to manage alleged. Sure I'm sure so you know. It also is an intriguing cover and that was part of the discussion is getting people to look at the cover and kind of question and pick up the books. So hopefully that has worked. Well Steve Thanks for joining us as AMA twenty w cpt in Chicago. We'll.

Amazon Steve Jeff bezos ZAPPA zappa M. SEC business owner Chicago principal AMA Barnes
"jeff. bezos" Discussed on The Small Business Radio Show

The Small Business Radio Show

05:56 min | 11 months ago

"jeff. bezos" Discussed on The Small Business Radio Show

"Percent of what you would like to know and he says you can disagree agree with the decision but somebody has to make the decision and and they default to action. So the concept here is I disagree with the concision does the decision. I don't think you are going to be correct however we need to move forward so disagree with it but I fully commit to supporting you and I hope hope I'm wrong. Natural very interesting mindset and allows M.'s on to move quickly and I think that's one of the keys to to their success also small business. It's great to have disagreement but when the decision is finally made by the leader everyone's got to support it and too many times people people continue on. There's folks inside your company that are still undermine decision or yapping about yeah exactly and that just undermines culture. It undermines the learning process process. It undermines helping the customer. And that's what they are trying to do away with Amazon now and I'm sure there's still some of course. Of course you know the the the the culture is yes. We disagree but let's move forward another one leaves you principles you talk about is paid to quit. What does that mean? So at Amazon. And this is primarily in their fulfillment center so they have about two hundred and fifty thousand employees in their warehouses fulfillment centers and they have ever program called. Pay to quit. And this is the ability or the Amazon giving an employee who literally early doesn't like it and doesn't want to be there the option to take money and quit and so after the first year and every year up to five years they they are offered starting with a thousand dollars maximizing at five thousand cash incentive to quit. And it's what they brought over from ZAPPA's when they acquired ZAPPA's in mid two thousands ZAPPA's has a very similar program. And the idea here. Is You know if you don't like it Amazon. If this is not the right place for you we don't want you to be here either and it gives An employee a an out now now. The downside is that employees will never work at Amazon again. You know so. It's an intentional decision. Process there but I think it speaks to their their customer obsession but also there Mindset around helping their employees as much as they can and I think that this really does work because think about it the employees. That's GonNa take a thousand dollars or two thousand dollars or three thousand. That's their job Steve. You really don't want them there anyways. Correct and it really is a positive way to weed out the people who really shouldn't be there maybe in the first place. So here's my question. Why haven't you met? Jeff bezos yet. You wrote this book on his principle and philosophy guide. I know well and and part of it. The two the reasons I've tried a little bit to get in. It's obviously very hard to get in to see him and to my viewpoint was I'm just like any other business owner out there. I read the letters. I didn't have any inside information. This literally is information. That's available to anybody. I just happened to be able to recognize the value in it and bring it together in what I hope is a certainly a readable and very consumable book that can apply to any business but I would think that it's very favorable and his leadership style. So we'd say yes Steve. Come on in. Let's have coffee. Well I I ah. I still am working on doing that so hopefully that'll happen sometime soon. So for two thousand nine hundred ninety nine. When is the letter do so? The in two thousand nineteen ladder will be released. Generally around early April. So the the the SEC filing their ten K which is their annual we'll filing for public companies Is usually filed by. I think it has to be followed by late. March and then the shareholder letter comes out a few weeks after that traditionally. It's been in early to mid April now. I don't know of bezos listening to this radio. Show but there's always hope but I am a prediction here. Steve I think than two thousand nineteen letter. He's going to mention you. You and thank you for writing the book. The bees letters fourteen principles to grow Your Business Amazon. What do you think I would be thrilled and if you did that? It certainly would be a nice endorsement that I would absolutely make sure people understood and read. So and what are we talking about back cover. We're talking about front cover of the book absolutely no question about it so we're can be redesigned the front cover We redesign anyway. So where can people get a copy of the book and also get in touch with you. Well the book is available wherever people By their books whatever their favorite bookstore is either online. Obviously it's at Amazon and Barnes and noble and some of the others and also local bookstores may carry it. They if they don't have it in stock they can certainly order it and then for those that By the book there's some additional material. We put together together to help with the fourteen principles and how to apply them. Those are available at the website. The BAZO SLEDDERS DOT COM now. If you redesigned on the cover of the book if he gives you a quote maybe you'll show the front of his face rather than the back of his head. Exactly yes there was a little copyright discussion around how to how to manage alleged. Sure I'm sure so you know. It also is an intriguing cover and that was part of the discussion is getting people to look at the cover and kind of question and pick up the books. So hopefully that has worked. Well Steve Thanks for joining us as AMA twenty w cpt in Chicago. We'll.

Amazon Steve Jeff bezos ZAPPA M. business owner SEC Chicago AMA Barnes
"jeff. bezos" Discussed on The Small Business Radio Show

The Small Business Radio Show

10:00 min | 11 months ago

"jeff. bezos" Discussed on The Small Business Radio Show

"Get ready for all the craziness of small business. It's exactly that craziness that makes it exciting and totally unbelievable small business radio is now on the air with your host. Mary molds well. Thanks for joining this week's radio show remember. This is your final word in small business for those just keeping track. This is now happy holiday show number five hundred sixty four. This episode of course is provided by Nick. Stephe the all in one communications occasions platform for your small business. It's also sponsored by Lincoln. The place to generate leads drive traffic and build brand awareness for a free one hundred dollar credit to launch. Aren't your campaign go to. WWW dot lincoln dot com slash SB are. It's those supported by e file for Biz the easiest way to process print and mail your ten ninety nine W. twos business go to www dot e foul Biz dot com. It's also sponsored by visa. All you need to run your business on one software software go for a free fourteen day trial at. WWW dot v. seat dot com that's VCI DOT com. It's also sponsored by blue summit supplies the place to get your ten ninety nine and W to tax go. Blue summit supplies dot com slash. SB are for ten percent off. Well L. Every small business has dream to build the next Amazon. But what can you learn from the way CEO. Jeff bezos actually succeeded. My next gases Steve Anderson who was invited to be one of the original one hundred fifty thought leaders and influencers on linked in with over three hundred thousand followers. He's got a new book lookout. Called the bezos letters. Fourteen principles to grow your business like Amazon Steve. Welcome to the show very. Thanks for having me. So how did you get interested in. Really focusing on Steve Visas Success I was looking. I've been in the insurance industry In most of my career And spending the last twenty years looking at technology and its impact on insurance agents and brokers and I realized that with technology developing his rapidly as it is that the biggest risk of business faces maybe actually not taking enough risk so very counter intuitive and I began researching businesses that were successfully doing it and businesses. That weren't that led me to Amazon as perhaps one of the better examples of risk taking and successfully doing it And then the shareholder letters and realized that Bazo said at literally laid out hidden in plain sight his plan for growing Amazon. What it is today? And that's what that's the most interesting part about your book because you say. He laid out in plain sight in his shareholders letter. What kind of insight did he give these public letters? Well all kinds I actually in the book came up with What I call fourteen principles to to grow your business like Amazon and he? He talked about all kinds of things in ways that he thinks and and how he used those ideas to build Amazon so as an example the first principle is called encouraged successful failure. Well bazo understand From the very beginning a correlation between experimenting inventing and Innovation and. I actually think that's where a lot of people get it wrong. But he says in the letters that an experiment actually means. You're going to fail because if it doesn't mean that it's not an experience exactly right and so. He has built a culture at Amazon. That actually really encourages people to experiment and knowing that they are going to have some failures but the question is what are we learn earn from those failures and if and even in his two thousand eighteen letter the last letter he goes on to say if at Amazon. We're not growing growing the size of our failures to scale with our company. Then we're not going to move the needle enough so we need to have billion dollar failures which for most business owners is just still for me saying it. It's a hard concept to grasp so Steve. What do you think that Jeff Lay these things? Out in shareholder letters because traditionally these things are pretty dry and have to be very careful about what they say vis-a-vis their share price in nodding towards what direction the company company is. Because it can you know it can be dangerous. Yeah absolutely and Frankly I haven't met him yet and one of my questions is exactly that that and I think I mean there's a there's a small handful of CEO shareholder letters like as those certainly Warren Buffett. Is You know one of the historic examples of people waiting for his letters to come out because of what's in it. I think once people realize what's in the letters that Bazo says written they will have that same anticipation and so I'm actually. I am surprised as is that was one of my biggest surprise and actually reading through all the letters is how much of his philosophy And and really tactical practical health that he puts in those letters and again I don't think most businesses are going to be in another Amazon on but it's hard to argue with their success and the question I had was are there things. Any business can learn from their success. So you Outline these leadership principles that are in these shareholders forms. One of them you talk about is the six page memo called. Believe it's always day one what they try to explain there so the concept of of day one again is core and it started in the very first letter in Nineteen ninety-seven and it. It really is a mindset at Amazon and Basil's continues to push this idea that even as big as Amazon was on is today And in fact I can I can go to the two thousand eighteen ladder and he ends the letters and he's done in this now for ten twelve thirteen years with a phrase similar to this as always I attach a copy of our original nineteen ninety any seven letter it remains day one and it says idea that as they walk into their office this morning. Do you have the same excitement as that. First you were in business and maybe one of the best ways to explain day one is to actually talk about what he basically says says about day to then he talks about this in two thousand sixteen ladder because he was asked at a all hands employee meeting. Jeff what is day to look. Look like. Here's what he said. Day to stasis followed by your relevance followed by excruciating painful decline followed by like death and that is why it's always day once the con- The contrast is I mean you can point to Kodak and blackberry and blockbuster and maybe sears and right right and and it could take years for that declined to happen but if you don't have that startup mindset that day one mindset you're gonNA move and in fact he says Amazon's GonNa go bankrupt someday. My job is to move that as far into the future as possible and Dan. That's part of that day one mentality you know. It's it's very difficult because I think that when you have some success as a small business somewhere along the line fine you start running your business or you play not to lose. It's very difficult to continue to risk it all every single day the way. That bezos is really talking about. I I absolutely agree with that. In fact one of the phrases that I use is that the biggest risk a successful business faces is being being successful because what happens is that mindset as you very well said start shifting to protecting what got us. They're not looking forward to. What else do we need to do? What else do we end? This is a phrase. What else do we need to invent on behalf of our customers customers so another one parts of his letters is you talk about disagree and commit and I thought that was very interesting because I believe those two things really are in contrast with each other? Yeah absolutely and again that revolves around the decision. Making uncrossed at Amazon and one of the growth principles is Generate high-velocity decisions. So here's how bays US describes that ask businesses face two types of decisions. What he calls type one type two type? One decisions are big decisions kind of bet. The farm And they should take time and lots of data and be very intentional type. Two decisions are decisions that can be made quickly and Dan as again. He describes his decisions that can be reversed. If you move forward and don't like what you see one of the problems he says this is as a company grows. Their decision process tends to move to type one for most decisions and in a way from type two. And that's where the concept of disagree in commit comes from. He says one type decisions you should make decisions with at most seventy.

Amazon Jeff bezos Bazo Steve Anderson CEO one communications Dan Lincoln Nick Mary US Warren Buffett Kodak blockbuster Basil sears
"jeff. bezos" Discussed on The Small Business Radio Show

The Small Business Radio Show

10:00 min | 11 months ago

"jeff. bezos" Discussed on The Small Business Radio Show

"Get ready for all the craziness of small business. It's exactly that craziness that makes it exciting and totally unbelievable small business radio is now on the air with your host. Mary molds well. Thanks for joining this week's radio show remember. This is your final word in small business for those just keeping track. This is now happy holiday show number five hundred sixty four. This episode of course is provided by Nick. Stephe the all in one communications occasions platform for your small business. It's also sponsored by Lincoln. The place to generate leads drive traffic and build brand awareness for a free one hundred dollar credit to launch. Aren't your campaign go to. WWW dot lincoln dot com slash SB are. It's those supported by e file for Biz the easiest way to process print and mail your ten ninety nine W. twos business go to www dot e foul Biz dot com. It's also sponsored by visa. All you need to run your business on one software software go for a free fourteen day trial at. WWW dot v. seat dot com that's VCI DOT com. It's also sponsored by blue summit supplies the place to get your ten ninety nine and W to tax go. Blue summit supplies dot com slash. SB are for ten percent off. Well L. Every small business has dream to build the next Amazon. But what can you learn from the way CEO. Jeff bezos actually succeeded. My next gases Steve Anderson who was invited to be one of the original one hundred fifty thought leaders and influencers on linked in with over three hundred thousand followers. He's got a new book lookout. Called the bezos letters. Fourteen principles to grow your business like Amazon Steve. Welcome to the show very. Thanks for having me. So how did you get interested in. Really focusing on Steve Visas Success I was looking. I've been in the insurance industry In most of my career And spending the last twenty years looking at technology and its impact on insurance agents and brokers and I realized that with technology developing his rapidly as it is that the biggest risk of business faces maybe actually not taking enough risk so very counter intuitive and I began researching businesses that were successfully doing it and businesses. That weren't that led me to Amazon as perhaps one of the better examples of risk taking and successfully doing it And then the shareholder letters and realized that Bazo said at literally laid out hidden in plain sight his plan for growing Amazon. What it is today? And that's what that's the most interesting part about your book because you say. He laid out in plain sight in his shareholders letter. What kind of insight did he give these public letters? Well all kinds I actually in the book came up with What I call fourteen principles to to grow your business like Amazon and he? He talked about all kinds of things in ways that he thinks and and how he used those ideas to build Amazon so as an example the first principle is called encouraged successful failure. Well bazo understand From the very beginning a correlation between experimenting inventing and Innovation and. I actually think that's where a lot of people get it wrong. But he says in the letters that an experiment actually means. You're going to fail because if it doesn't mean that it's not an experience exactly right and so. He has built a culture at Amazon. That actually really encourages people to experiment and knowing that they are going to have some failures but the question is what are we learn earn from those failures and if and even in his two thousand eighteen letter the last letter he goes on to say if at Amazon. We're not growing growing the size of our failures to scale with our company. Then we're not going to move the needle enough so we need to have billion dollar failures which for most business owners is just still for me saying it. It's a hard concept to grasp so Steve. What do you think that Jeff Lay these things? Out in shareholder letters because traditionally these things are pretty dry and have to be very careful about what they say vis-a-vis their share price in nodding towards what direction the company company is. Because it can you know it can be dangerous. Yeah absolutely and Frankly I haven't met him yet and one of my questions is exactly that that and I think I mean there's a there's a small handful of CEO shareholder letters like as those certainly Warren Buffett. Is You know one of the historic examples of people waiting for his letters to come out because of what's in it. I think once people realize what's in the letters that Bazo says written they will have that same anticipation and so I'm actually. I am surprised as is that was one of my biggest surprise and actually reading through all the letters is how much of his philosophy And and really tactical practical health that he puts in those letters and again I don't think most businesses are going to be in another Amazon on but it's hard to argue with their success and the question I had was are there things. Any business can learn from their success. So you Outline these leadership principles that are in these shareholders forms. One of them you talk about is the six page memo called. Believe it's always day one what they try to explain there so the concept of of day one again is core and it started in the very first letter in Nineteen ninety-seven and it. It really is a mindset at Amazon and Basil's continues to push this idea that even as big as Amazon was on is today And in fact I can I can go to the two thousand eighteen ladder and he ends the letters and he's done in this now for ten twelve thirteen years with a phrase similar to this as always I attach a copy of our original nineteen ninety any seven letter it remains day one and it says idea that as they walk into their office this morning. Do you have the same excitement as that. First you were in business and maybe one of the best ways to explain day one is to actually talk about what he basically says says about day to then he talks about this in two thousand sixteen ladder because he was asked at a all hands employee meeting. Jeff what is day to look. Look like. Here's what he said. Day to stasis followed by your relevance followed by excruciating painful decline followed by like death and that is why it's always day once the con- The contrast is I mean you can point to Kodak and blackberry and blockbuster and maybe sears and right right and and it could take years for that declined to happen but if you don't have that startup mindset that day one mindset you're gonNA move and in fact he says Amazon's GonNa go bankrupt someday. My job is to move that as far into the future as possible and Dan. That's part of that day one mentality you know. It's it's very difficult because I think that when you have some success as a small business somewhere along the line fine you start running your business or you play not to lose. It's very difficult to continue to risk it all every single day the way. That bezos is really talking about. I I absolutely agree with that. In fact one of the phrases that I use is that the biggest risk a successful business faces is being being successful because what happens is that mindset as you very well said start shifting to protecting what got us. They're not looking forward to. What else do we need to do? What else do we end? This is a phrase. What else do we need to invent on behalf of our customers customers so another one parts of his letters is you talk about disagree and commit and I thought that was very interesting because I believe those two things really are in contrast with each other? Yeah absolutely and again that revolves around the decision. Making uncrossed at Amazon and one of the growth principles is Generate high-velocity decisions. So here's how bays US describes that ask businesses face two types of decisions. What he calls type one type two type? One decisions are big decisions kind of bet. The farm And they should take time and lots of data and be very intentional type. Two decisions are decisions that can be made quickly and Dan as again. He describes his decisions that can be reversed. If you move forward and don't like what you see one of the problems he says this is as a company grows. Their decision process tends to move to type one for most decisions and in a way from type two. And that's where the concept of disagree in commit comes from. He says one type decisions you should make decisions with at most seventy.

Amazon Jeff bezos Bazo Steve Anderson CEO one communications Dan Lincoln Nick Mary US Warren Buffett Kodak blockbuster Basil sears
"jeff. bezos" Discussed on SPACE NEWS POD

SPACE NEWS POD

03:51 min | 1 year ago

"jeff. bezos" Discussed on SPACE NEWS POD

"Jeopardy's Osas, basically, the most wealthy person ever. You know he runs. Amazon also runs blue origin. Blue origin, is a company that they make rockets. They also make moon Landers. Now, you know they've been working on that for a little while they're also making a crew capsule. And in jeopardy's those regarding Mars show this coming up this conference, he talks about some things, it's not only about space, some of the stuff that they talk about is about artificial intelligence machine. Learning robotics automation. And since Jeff owns Amazon, all of these things are super important to him what not only to him, but his businesses Amazon makes ungodly amounts of money. And they have to find ways to streamline that process. So Jeff will be speaking and other speakers will also be speaking about the importance of machine learning in the way that it will be optimizing businesses in the future. Now, Jeff said in a statement, we're at the beginning of a golden age of AI. Recent advancements have already led to invention that previously lived in the realm of science fiction. And we've only scratched the surface of what's possible. So be ready for a lot of AI talk at this conference, and there will also be special guest in that special guest will be iron man, Robert Downey junior. I have no idea what he's going to be doing there. But he'll be there too. Probably talk about the I, maybe he'll talk about iron man, and how he became a hero to millions of people worldwide. And Amazon does a lot of AI stuff already. So this shouldn't be news to anybody. They have AWS, which is their servers Amazon, web services, they can host websites. They do a lot of things for apps. They host some of the biggest websites and apps in the world. So they're competing with Microsoft, and Google IBM in others who provide similar services, and they're going to be talking about innovation and interactive workshops, they'll be doing robotic demos. There's going to be a hundred sessions here and it's invite only so you have to be cool in order to get any to have like some sort of clout to get into this

Jeff Bezos Amazon Las Vegas Robert Downey Microsoft IBM Google twenty seconds
"jeff. bezos" Discussed on Slaypedia: "The WallStreet Chick"

Slaypedia: "The WallStreet Chick"

04:57 min | 2 years ago

"jeff. bezos" Discussed on Slaypedia: "The WallStreet Chick"

"A share. What I wake up every morning is something that I created that I call my wall of mentors in my bedroom. I have five huge sticky notes on my wall. Aw One of each is someone I admire and identify with in business. The Wall capture some of their positive affirmations unbel- beginnings views on failure in positive quotes about mindset. Is the first thing I see in the morning to not only set my thoughts and my goals into my mind for the day but to stay in control of my mindset. That's how serious I am about owning my space. One of the people on that wall that I will discuss today. Is someone who I have actually been following for quite some time now. And it's Jeff Bezos. Jeff bezos founder and chief of Amazon has a net worth of one hundred fifteen point four billion dollars. He became the richest man the world in late. October of two thousand seventeen but the beauty of his start isn't a rags to riches story. He actually left a very lucrative and cush job on Wall Street to start the company. His idea was good but left. Many people confused as to why he of all people would leave his software engineering job on Wall Street to start a business business. His boss even told him. That's a good idea but you have a good job. I love story because following purpose and chasing destiny isn't always about being rich are making money. It's about responding to something deep inside of you. That idea that keeps you up at night. That what if that keeps ringing through your head. He did not start the company because he needed money are even wanting more money. He started it because he believed in the idea to open doors and those doors ended up opening other doors that he he didn't even imagine for Amazon. Amazon's motto is now we sell everything from A to Z.. It was the purpose that drove him. In the words of Jeff Basil's I didn't think I'd regret trying and failing and I suspect it. I always be haunted by decision to not try it. All Joyce Meyer's just recently visited my church and she says something that really struck a chord with me. She said this. I'm willing to risk it all to see if I'm right. That is your hunch that intuition into wishing people who follow that may experience failure after failure and even moments that your idea makes you feel unsure but that failure ultimately contributes needs to you birthing something even bigger than you can imagine. Look at it this way. You could be running into failure after failure because you're just not thinking big enough after much. Research urge constantly reading about his big. As accomplishments in Wall Street Journal and Business Week I have combined and created a three step formula for you to carry on your journey. We consider this. This is advice from the richest man in the world. So take notes. First thing we're GONNA go over is Jeff Bezos way of thinking. He said this forward thinking requires you to plan things out realistically and rationally. It also causes you to seize the moment. Basil's took a few days to consider that advice and he tried to mental exercise. He said he realized the best way to think about it was to project his life forward to age eighty that way he can make make a decision that minimized his grants Bazo said. It became obvious that he would leave his job to start Amazon. If it failed I would be very proud of myself itself when I reach age. Eighty that I at least try. This is what he said with the article interview with Tech Crunch so before you put someone in that hero are Shiro space space. You should aspire to be a person that inspires you. It's so easy for people to post these messages on social media. And say for yourself being your own boss entrepreneurship ship this or that however truth be told. That's actually a very scary and daunting thing to do. So instead of taking the advice of strangers who tell you to jump in later take the advice from the richest man in the world. Take time to think rationalize really think. Take time to pray researcher market. You know how passionate I About researching your market if you follow me not sizing up your market and Understanding Trans to use that information to plan effectively can lead to a horrible startups and even huge successful companies. Coming to an ultimate end. Just look at us so ask yourself this. What would your eighty year all self say to you now. What kind of person do you want to become and most important. What type of legacy do you want to leave behind the second point. I want to go over his. Don't forsake the the struggle. This is where he actually captured my attention leaving a comfortable job on Wall Street to launch an unpredictable businesses. Something that many would not do. But it's that very risk that allow Jeff bezos to become a billionaire and founder of Amazon at a summit series in Los Angeles. Bazo sat down with his brother. Mark Talk Talk about his journey to entrepreneurship and the factors that influenced his success. It's easy to be inspired by a person who is a billionaire..

Amazon Jeff Bezos Jeff Basil Wall Street Journal Bazo Joyce Meyer founder Mark Talk Los Angeles researcher
"jeff. bezos" Discussed on The World Transformed

The World Transformed

02:20 min | 3 years ago

"jeff. bezos" Discussed on The World Transformed

"Motivating idea for coming up this whole approach to an increase in the book is that two amazon to the no extensions of that basic bookstore idea a jeff bezos as a citizen unique problem when he calls money well he bought all food i don't know but meant that entity gets more money i don't know it's a good question yet worthwhile baqi by washington oh sorry everybody online mealy starter reagan in the walk obn jeff bezos bog right now of washington post famously lose money sodas new york times interview hills also dhs will use a profitmaking operation in anyone how that will be affected he becomes incorporated zuhdi amazon or corporate structure is an unknown it will its profitability one no doubt decrease in increase variably over over time do do all variety of influences some of which just won't be able to control directly eur respond to but uh essentially uh he's gonna have to continue to expand amazon in areas that have nothing to do so many books in order just to find a place to stash is money and is only going to get worse and worse so i did didn't recent talk like uh it could have a problem i don't know why you're laughing stephen what's to this man gonna do with all his money okay this is well well you are um you know ah well as obviously losing sleep at night thinking about what what is a janitor with his money so tell us actively i'm i'm a spinning my waiting you'll bore flawlessly time dreaming up ways to forget to spend this money to help him yeah absolutely hearing so yes it'll also again donen bob jim zona me just to be on your right of course all anyway so he's going after the i just say find your saturday urged coming about amazon formally.

amazon jeff bezos washington reagan washington post stephen york times bob jim
"jeff. bezos" Discussed on The World Transformed

The World Transformed

01:51 min | 3 years ago

"jeff. bezos" Discussed on The World Transformed

"In some ways the most kind of offbeat i think entry one of the most offbeat entries in our whole book your your essay was entitled to let me just let me read the name of it because i just love this your essay was go i'm i got the book mark stuck in the wrong place but basically was called get jeff bezos to hire humanity did i did i say that rape was at the name of it was posed as a question how jeff bezos can hire humanity okay there you go all right fair enough you know so i i think if the only if the only one we have that uh that mentioned a living person by name and uh the only one that uh talked about putting humanity to work yeah asked japan's oda to hire remand here it is not a okay so will explain how can uh how can jeff bezos uh higher humanity what does that mean well he could go around door off saw a job the robbery i can only be it would be a he's really gonna need to know of your life extension of that however he has the perfect platform to contact virtually anybody virtually where i am lunda com course now he's already demonstrated a willingness to go just not sowing of books um there's reasons talk of law him being number one on the who's got the most money list well he in eight men said now that he is the richest man of world that he's path bill gates and object jeff bezos is now number four that is true right the friend we'll be right i mean like yeah that's as it with on last week or so right yet early reason so that brings up i have a problem i was strategically foreseen back lifers this was kind of yet the.

jeff bezos rape japan oda robbery