Tuesday, 20 November, 2018

Amazon CEO Jeff Bezos launches a $2 billion philanthropic fund

Amazon CEO Jeff Bezos Amazon CEO Jeff Bezos
Orlando Vargas | 14 September, 2018, 17:32

Jeff Bezos, the Amazon founder, is to launch a philanthropic fund with a $2 billion initial commitment to help homeless families and set up nursery schools in deprived areas.

Within this, the Day 1 Families Fund will support existing non-profits that offer shelter and food to young homeless families.

The fund will also launch a network of "full scholarship" preschools based in underserved communities.

Bezos, who Forbes lists as the richest person in the world with a net worth over $100 billion, went on to say that the overall health of the media in the USA would be "fine", and would survive Trump's consistent criticism and cries of "fake news".

The Bezos gift is one of the biggest single donations ever announced for preschools, if not the biggest, said Avo Makdessian, director of the Silicon Valley Community Foundation's Centre for Early Learning.

Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in Washington on September 13, 2018.

Bezos disappointed them all, saying only that he would make a decision on the location of the new headquarters by the end of the year.

US, Canada to resume NAFTA talks Tuesday
Prime Minister Justin Trudeau has said the mechanism is crucial to a new NAFTA , but Mexico already has agreed to drop it. President Donald Trump's National Economic Council, suggested Friday that Canada isn't offering enough.


Harvey Weinstein caught on video harassing his rape accuser
Harvey Weinstein is seen getting handsy and flirting with a woman in a new video. the same woman accusing him of rape . In 2011, Thompson said she met Weinstein at the Weinstein Company office in NY to pitch her tech start-up's services.


IPhone XR revealed: Price, features and everything you need to know
IPhones fetched an average price of $724 during the April-June period, a almost 20 per cent increase from a year earlier. If you're in the market to replace your phone, you may be considering buying the latest and greatest Apple has to offer.


Despite the huge amount of money being given, it is far less than the philanthropy of other billionaires such as Microsoft's Bill Gates, who has donated tens of billions to his foundation, and Facebook's Mark Zuckerberg, who has pledged to donate 99% of his shares in the social media giant to an organization focused on public good.

Gates has also, with billionaire investor Warren Buffett, encouraged wealthy individuals to pledge half their fortunes to worthy causes.

Bezos privately owns the Washington Post, which has been among the media that have been the frequent target of broadsides from Trump.

A picture shared by Amazon chief Jeff Bezos on Instagram. In January, Bezos also personally gave $33 million USA in college scholarships for young immigrants living in the U.S. illegally.

Bezos solicited ideas on Twitter past year for ways to donate some of his wealth.

"I don't know how much I'm going to give away", he told economic club president David Rubenstein.

His private ownership of The Washington Post, which has published articles critical of the White House, has also put him at odds with US President Donald Trump. Some activists and politicians have partly blamed the city's problems on Amazon.

Recommended

  • Hurricane Florence downgraded to Category 1 storm

    Hurricane Florence downgraded to Category 1 storm

    Hurricane Florence brought a storm surge of some 3 meters (10 feet) as it began battering the USA east coast early on Friday. Emergency declarations were in force in Georgia, South and North Carolina, Virginia , Maryland and the District of Columbia.
    Jerome Boateng reveals what he told Jose Mourinho during summer phone call

    Jerome Boateng reveals what he told Jose Mourinho during summer phone call

    Manchester United lost to both Tottenham and Brighton and Hove Albion, before bouncing back to winning ways with a 2-0 victory at Burnley before the global break.
    IPhone XS, XS Max: First Impression

    IPhone XS, XS Max: First Impression

    Gareth recons that the lower price will make the iPhone XR the best selling new iPhone revealed this year. That being said, on its own he notes it "could be mistaken for the iPhone X of last year".
  • Seattle Storm capture third WNBA title after sweeping Washington Mystics

    Seattle Storm capture third WNBA title after sweeping Washington Mystics

    Stewart drained all four of her three-point attempts in the first half to build Seattle's insurmountable lead. Stewart was the league MVP and was selected the Finals MVP after averaging 25.6 points in the three games.
    Donald Trump Will 'Undoubtedly Be Impeached,' Former Watergate Lawyer Claims

    Donald Trump Will 'Undoubtedly Be Impeached,' Former Watergate Lawyer Claims

    When Colbert asked if Woodward ever told sources he was going to write a story without the source's perspective, Woodward said no. The tweets attracted widespread attention and concern - "the Internet lost its collective mind", as Woodward wrote in his book.
    Russians accused by United Kingdom  'victims of coincidence'

    Russians accused by United Kingdom 'victims of coincidence'

    So what were these two men really doing in Salisbury? They departed hours after the Skripals were found slumped over on a bench. While they acknowledged being the pair seen in images released by Scotland Yard, the men did not provide proof of their names.
  • Cantona: Guardiola should be Manchester United manager

    Cantona: Guardiola should be Manchester United manager

    He then went on to outline what the likes of Pogba could do to win Mourinho's favor: "Does he have the same now at United? ". They know where I am. "As long as you don't see me like that with the shirt, it's not official".
    Trump pushes conspiracy theory denying Puerto Rico hurricane death toll

    Trump pushes conspiracy theory denying Puerto Rico hurricane death toll

    Harvard University estimated hundreds died from no electricity for medical services, or hurricane-related injuries and illnesses. Cruz maintains the federal government's response to the hurricane was slow and inadequate while Trump said it was a success.
    Pope to meet United States  church leaders over 'abuse cover-up'

    Pope to meet United States church leaders over 'abuse cover-up'

    A Vatican statement said the meeting also will include Los Angeles Archbishop Jose Gomez and Monsignor Brian Bransfield. In a first for the Catholic Church , Pope Francis will hold a bishops' summit to deal with sexual abuse in the clergy.
  • Hurricane Florence Poised to Hit, Sit on US East Coast

    Hurricane Florence Poised to Hit, Sit on US East Coast

    Solange Iliou Thompson, a restaurant owner in the town of Wilmington, North Carolina, made her stance clear. There will be hurricane-force winds up to 80 miles from the centre of the storm, meteorologists say.
    Apple India prices revealed; internet explodes with memes

    Apple India prices revealed; internet explodes with memes

    Now, if you want the best and biggest iPhone, you need to buy the iPhone Xs Max which comes with a massive 6.5-inch display . Apple Inc.'s introduction of its latest iPhones on Wednesday was largely in line with analyst expectations.
    Some South Carolina lane reversals to end

    Some South Carolina lane reversals to end

    Little change in strength is expected before the center reaches the coast, with weakening expected after the center moves inland. One such tool helping hurricane-watchers keep track of Florence is the appropriately-named Hurricane Tracker app.

Missy Elliott Surprises Fan Who Went Viral for Covering ''Work It'' Missy Elliott Surprises Fan Who Went Viral for Covering ''Work It'' She was later gifted a signed t-shirt and a jacket embroidered with her famous nickname-Missy's funky white sister. When I listen and she know all the words but the sound effects, she made the elephant noise and all of that...

Mark Carney to stay on at Bank of England until January 2020 Mark Carney to stay on at Bank of England until January 2020 The re-appointment is officially made by the Queen, on the advice of Hammond and the prime minister, Theresa May. Treasury chief Philip Hammond , the chancellor of the Exchequer, said in a letter to Carney that the.

IPhone Xs and Xs Max hands-on: The new normal IPhone Xs and Xs Max hands-on: The new normal Apple's new iPhone Xs and Xr models represent the next iteration of the company's previous iPhone X model it debuted a year ago . The new iPhones have more powerful processors and cameras, and a dual-SIM card feature for top-of-the-line devices.

Spurs duo Lloris, Alli to miss Liverpool, Inter clashes Spurs duo Lloris, Alli to miss Liverpool, Inter clashes The 31-year-old missed Spurs' Premier League game at Watford on 2 September and both of France's matches during the global break. Tottenham are coming off an impressive 3-0 win against Manchester United at Old Trafford.

Nintendo Direct: Final Fantasy and NES classics coming to Switch, kupo! Nintendo Direct: Final Fantasy and NES classics coming to Switch, kupo! It's slated to come to the PlayStation 4 and the Nintendo Switch this winter. World of Final Fantasy Maxima will arive on November 6th.

Nintendo Switch Online finally has a concrete launch date Nintendo Switch Online finally has a concrete launch date There's no specific ship date attached to them just yet, but Nintendo are aiming to get them heading toward customers in December. Before you start paying, Nintendo is offering a week free for you to see if it's something you really want to pay for.

How Wilmington, N.C., Is Preparing As Hurricane Florence Gets Stronger How Wilmington, N.C., Is Preparing As Hurricane Florence Gets Stronger In Hampton Roads the average price is presently $2.60 per gallon, a penny less than last week, but 10 cents more than past year . Rivers are high, and the storm will be moving slowly when it arrives, exacerbating the danger, Rossi told USA TODAY.

Amazon chief Jeff Bezos gives $2bn to help the homeless Amazon chief Jeff Bezos gives $2bn to help the homeless Bezos said the schools would "use the same set of principles that have driven Amazon " and that "the child will be the customer". Amazon is designating 47,000 square feet of space at its new corporate office for a permanent Mary's Place shelter.

Rafael Nadal dragged in to Serena Williams ‘bulls***’ by fellow ace Rafael Nadal dragged in to Serena Williams ‘bulls***’ by fellow ace This is said to be because the CEO of the Women's Tennis Association (WTA ), Steve Simon , and the U.S. The International Tennis Federation (ITF ) is the governing organization for international tennis.

Winds, rain intensify as Hurricane Florence pummels North Carolina Winds, rain intensify as Hurricane Florence pummels North Carolina Boarding up his home in Myrtle Beach, South Carolina , Chris Pennington monitored the forecasts and tried to decide when to leave. But the Miami-based NHC stressed it remained "a life-threatening situation" due to the risks of storm surge around coastal areas.

Novak’s the top man after peak practice Novak’s the top man after peak practice But he had a 4-14 losing record against Djokovic, including four at the Slams - two of them at the US Open in 2007 and 2012. After the dramatic women's final Saturday involving Serena Williams and Naomi Osaka , there was no such controversy Sunday.

California Sets Goal to Utilize 100% Renewable Energy by 2045 California Sets Goal to Utilize 100% Renewable Energy by 2045 The signing came in the same week that San Francisco will host a Global Climate Action Summit on September 12-15. SB 100 was first introduced a year ago by California Sen.

On cusp of 3rd WNBA title, Seattle Storm not about to relax On cusp of 3rd WNBA title, Seattle Storm not about to relax Players were selected by position and received five points for each First Team vote and three points for each Second Team vote. Yet less than a minute later, the Storm had the lead back to 15 points, completely shutting the Mystics down.

NASA Releases Footage Of Hurricane Florence And Her 'Mike Tyson Punch' NASA Releases Footage Of Hurricane Florence And Her 'Mike Tyson Punch' Jeff Byard of the Federal Emergency Management Agency said it was imperative locals heed the evacuation warnings. The hurricane center said Florence will approach the coast Friday and linger for a while before rolling ashore.

Gunman kills five people in California, then himself Gunman kills five people in California, then himself Authorities are interviewing 30 witnesses and processing multiple crime scenes to piece together what led up to the violence. Youngblood said he would consider it a mass shooting, saying that the string of shootings were "certainly" connected.