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Amazon s Jeff Bezos unveils $2B philanthropic fund

  WASHINGTON, USA – Amazon founder Jeff Bezos, the richest person on the planet, announced Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion. Bezos made the announcement on Twitter a year after asking for ideas on how ........»»

Category: newsSource: rappler rapplerSep 14th, 2018

Bezos a $100 billion man as Amazon rises on cyber shopping

Amazon founder Jeff Bezos was a $100-billion man on Monday as the online retail colossus raked in cash from the holiday weekend's cyber shopping spree. Forbes magazine's real-time ranking of the richest people had Bezos on top, with a personal net worth of $100.3 billion. Microsoft co-founder Bill Gates saw his net worth climb to a dizzying $89.4 billion but was relegated to being the second most affluent person on the planet. Bezos owns almost 17 percent of Amazon, which he founded in a Seattle garage in 1994 after quitting a hedge fund job to sell books online. Amazon shares finished the official trading day up just shy of a percent, and inched up a bit more i...Keep on reading: Bezos a $100 billion man as Amazon rises on cyber shopping.....»»

Category: newsSource:  inquirerRelated NewsNov 28th, 2017

Amazon's chief Jeff Bezos unveils new rocket design

Amazon's chief Jeff Bezos unveils new rocket design.....»»

Category: newsSource:  rapplerRelated NewsSep 14th, 2016

Twelve Filipinos make it to Forbes billionaires club

By Krista A. M. Montealegre National Correspondent HENRY SY, Sr., the founder of the SM Group of Companies, was named the Philippines’ richest man for the 10th straight year, leading 11 other Filipinos in the world’s billionaires’ club, according to an annual ranking published by Forbes magazine. Amazon Chief Executive Officer Jeff Bezos claimed the […] The post Twelve Filipinos make it to Forbes billionaires club appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 8th, 2018

Bezos tops Forbes world’s rich list as Trump wealth drops

PARIS: Amazon chief Jeff Bezos is now the world’s richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine’s annual billionaires list published Tuesday. US President Donald Trump’s ranking on the list fell to 766th place from 544th in the last edition, his wealth [...] The post Bezos tops Forbes world’s rich list as Trump wealth drops appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 7th, 2018

‘Lord of the Rings’ TV series may rival ‘Game of Thrones’

A "Lord of the Rings" TV series may be produced by Amazon, and could rival current top fantasy series "Game of Thrones". According to Variety, Warner Bros. Television and the J.R.R. Tolkien estate are keen on having a TV adaptation of the late author's "Lord of the Rings" novels. Amazon currently stands as the top contender to pick up the show and produce it. This goes in line with CEO Jeff Bezos' previous announcement about Amazon's mandate to create something to match "Game of Thrones". On the other hand, Deadline reports that Netflix may also gun for LOTR. So far, no deal has been solidified and negotiations are still in the early stages. However, the price for the LOTR rights ha...Keep on reading: ‘Lord of the Rings’ TV series may rival ‘Game of Thrones’.....»»

Category: newsSource:  inquirerRelated NewsNov 5th, 2017

Amazon's Jeff Bezos becomes world's richest person

Amazon's Jeff Bezos becomes world's richest person.....»»

Category: newsSource:  rapplerRelated NewsJul 28th, 2017

Amazon’s Jeff Bezos becomes world’s richest person – briefly

NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 28th, 2017

Amazon s Jeff Bezos was briefly the world s richest man

NEW YORK — Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company.....»»

Category: financeSource:  philstarRelated NewsJul 28th, 2017

Forget beanbag chairs

Redmond, Wash. — Just off a remote stretch of road here, near wineries, horse stables and farms, Amazon is secretly growing something, but it’s not what Jeff Bezos, Amazon’s chief executive, calls the “tiny seeds” that cou.....»»

Category: newsSource:  mb.com.phRelated NewsSep 13th, 2016

Bezos passes Buffett, becomes third-richest person — Forbes

Jeff Bezos, the founder and chief executive of Amazon.com Inc (AMZN.O), has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hath.....»»

Category: newsSource:  mb.com.phRelated NewsJul 29th, 2016

Damayan launches Ompong fund drive

Operation Damayan, the philanthropic arm of The Philippine STAR media group, has launched a fund drive to assist families affected by Typhoon Ompong, which slammed into Northern Luzon on Saturday morning, causing widespread devastation, flooding and landslides......»»

Category: newsSource:  philstarRelated NewsSep 18th, 2018

Damayan launches Typhoon Ompong fund drive

Operation Damayan, the philanthropic arm of The Philippine STAR media group, is launching a fund drive to assist families affected by Typhoon Ompong, which slammed into Northern Luzon on Saturday morning, causing widespread devastation, flooding and landslides. Source link link: Damayan launches Typhoon Ompong fund drive.....»»

Category: newsSource:  manilainformerRelated NewsSep 18th, 2018

Damayan launches Typhoon Ompong fund drive

Operation Damayan, the philanthropic arm of The Philippine STAR media group, is launching a fund drive to assist families affected by Typhoon Ompong, which slammed into Northern Luzon on Saturday morning, causing widespread devastation, flooding and landslides......»»

Category: newsSource:  philstarRelated NewsSep 17th, 2018

Bezos unfazed by antitrust concerns on Amazon

WASHINGTON, USA – Amazon founder and chief executive Jeff Bezos said Thursday, September 13, US time, he was not worried about the potential for anti-trust scrutiny of the company as it becomes an important economic force. Speaking at a Washington business gathering, Bezos said it was normal to draw scrutiny ........»»

Category: newsSource:  rapplerRelated NewsSep 14th, 2018

Operation Damayan fund drive update for San Mateo, Rizal

Volunteers of Operation Damayan, the philanthropic arm of The Philippine Star media group, head for San Mateo, Rizal today to conduct relief operations in cooperation with the office of Mayor Cristina Diaz. Source link link: Operation Damayan fund drive update for San Mateo, Rizal.....»»

Category: newsSource:  manilainformerRelated NewsAug 17th, 2018

Operation Damayan fund drive update for San Mateo, Rizal

Volunteers of Operation Damayan, the philanthropic arm of The Philippine Star media group, head for San Mateo, Rizal today to conduct relief operations in cooperation with the office of Mayor Cristina Diaz......»»

Category: newsSource:  philstarRelated NewsAug 16th, 2018

Inflation-hit Venezuela unveils new money with 5 fewer zeros

  CARACAS, Venezuela --- President Nicolas Maduro unveiled plans on Wednesday for combating runaway inflation in Venezuela -- by printing new paper money with five fewer zeros.   The announcement came two days after the International Monetary Fund (IMF) warned that Venezuela's inflation could top 1 million percent this year.   Maduro said the monetary conversion will spark "great revolutionary changes in the economy, which Venezuela demands."   Venezuela sits atop the world's largest proven oil reserves, but it is five years into an economic crisis with shortages of food and medicine that is driving mass migration. The new bills will begin ...Keep on reading: Inflation-hit Venezuela unveils new money with 5 fewer zeros.....»»

Category: newsSource:  inquirerRelated NewsJul 26th, 2018

Seattle backs tax on companies like Amazon, Starbucks to help homeless

SEATTLE --- Seattle leaders unanimously approved on Monday a tax on large businesses such as Amazon and Starbucks to fund the fight against homelessness after weeks of heated debate and raucous hearings.   The City Council backed a compromise plan that will charge large businesses about $275 per full-time worker each year, lower than the $500 per worker initially proposed. It would raise about $48 million a year to pay for affordable housing and homeless services.   Council members who sponsored the initial proposal said the amount wasn't enough to address urgent housing needs but conceded they couldn't get the six votes to override a potential veto by the mayor. ...Keep on reading: Seattle backs tax on companies like Amazon, Starbucks to help homeless.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2018

Amazon’s Twitch unveils Free Games with Prime

Game-oriented video streaming service Twitch TV appears to be taking on both Steam and the Humble Store in one fell swoop. A free monthly games bundle for premium-tier members is positioning streaming service Twitch TV as not only a challenger to YouTube but also Steam and Humble as well. Free Games with Prime applies to members of Amazon's group-wide Amazon Prime service, branded as Twitch Prime where Twitch TV is concerned, and begins with a half-month debut on March 15. Twitch has been giving away individual games and add-ons on a monthly basis but this program expands the offer and further establishes Twitch as not just a video platform but also a games distribution serv...Keep on reading: Amazon’s Twitch unveils Free Games with Prime.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2018

Duterte names Gibo’s wife Prieto-Teodoro as Unicef envoy

        President Rodrigo Duterte has appointed a former Tarlac politician and socialite as the Philippine's representative to the United Nations Children's Fund (Unicef).   In the appointment paper dated March 7, and releasedon Friday, Duterte named former Tarlac 1st District Rep. Monica "Nikki" Prieto-Teodoro as the country's special envoy to the Unicef.   Her term began on Sept. 26, 2017, and will endSept. 27, 2018.   Prieto-Teodoro, in August last year, made a donation to the military in a philanthropic initiative.   She is the wife of former Defense Sec. Gilbert "Gibo" Teodoro, whom Duterte once wooed to...Keep on reading: Duterte names Gibo’s wife Prieto-Teodoro as Unicef envoy.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2018