Jeff Bezos

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Amazon's Staff Turnover Rate May No Longer Be Sustainable

Internal memo reveals fears of exhausting available US labor pool by 2024

(Newser) - With its sky-high staff turnover rate, Amazon fears it could run out of US workers by 2024, an anxiety that could force higher wages or increased automation. That's according to leaked internal research from mid-2021 as seen by Recode . "If we continue business as usual, Amazon will deplete...

UN Food Chief to Musk: 'We Need Your Help, Brother'

David Beasley wants billionaires to step up, saying the situation is serious

(Newser) - The head of the United Nations' World Food Program is telling billionaires it's "time to step up" as the global threat of food insecurity rises with Russia's war in Ukraine. Executive Director David Beasley said he's seen encouraging signs from some of the world's richest...

2 Tweets From Bezos on Biden, With One Theme: 'Misdirection'

Amazon founder goes after president on Twitter about inflation

(Newser) - President Biden is well aware of the nation's current woes around inflation , and he recently pledged to make it his top domestic priority. But his thoughts on how to do so have rankled one of the world's richest men, and that man took to Twitter to tell the...

Jeff Bezos' Bank Account Had a Very Bad Day

Stock slide shrinks founder's personal wealth by $18B

(Newser) - It took a single day for the effects of Amazon's quarterly loss to be brought home to Jeff Bezos. The company's founder fell Friday to No. 3 on the list of the world's richest people, after Amazon reported Thursday that it had lost $3.8 billion in...

Meet the 10 Richest People in the World

You know many of them already, including Elon Musk at No. 1, per 'Forbes' annual billionaires ranking

(Newser) - If Forbes is trying to make us feel bad for the world's billionaires, it's not really working. The magazine notes that, collectively, this group is now worth $400 billion less than they were a year ago, thanks to the ongoing pandemic, tepid markets, and war—but 1,000...

Pete Davidson Not Going to Space After All

After Blue Origin flight delayed, he can no longer make it

(Newser) - Pete Davidson has bowed out of a short ride to space on a Jeff Bezos rocket. The Saturday Night Live star is no longer able to make the flight, which has been delayed for nearly a week, Bezos' space travel company said Thursday night. No other details were provided, the...

Report: Pete Davidson Is Going to Space
Pete Davidson Going
to Space This Month
UPDATED

Pete Davidson Going to Space This Month

His Blue Origin flight is scheduled for March 23

(Newser) - Update: Pete Davidson may be fighting with Kanye West , but he's also going to space. Jeff Bezos' Blue Origin company said Monday that the Saturday Night Live star will be part of a six-person flight to the edge of space on March 23, reports NBC News . Our original story ...

City Will Dismantle Historic Bridge to Let Bezos Yacht Through
Dutch Locals Plan a Smelly
Welcome for Bezos' Yacht
IN CASE YOU MISSED IT

Dutch Locals Plan a Smelly Welcome for Bezos' Yacht

Group aims to pelt it with rotten eggs because of need to dismantle historic bridge

(Newser) - Update: When Jeff Bezos' mega-yacht makes its maiden voyage sometime this summer, the Amazon founder might want to wear protective gear. Not for the elements—for eggs. Jalopnik reports that a growing Facebook movement in the Dutch city of Rotterdam is enlisting people to chuck rotten eggs at the ship....

Meta Plunge Knocks Zuckerberg Out of Top 10 Billionaires

Bezos is set to get $20B richer

(Newser) - Share price swings have brought the fortunes of two tech billionaires up—and down—by amounts equivalent to the GDPs of small countries. Shares in Meta, Facebook's parent company, plummeted 26% on Thursday, bringing Mark Zuckerberg's net worth down by around $29 billion to $85 billion, reports Reuters...

Tornado May Have Broken World Record

Meanwhile, candle factory survivors would be 'miracle'

(Newser) - Saturday's devastating Kentucky tornado carved an over 200-mile track that could rival the longest on record as the stormfront smashed apart a candle factory, crushed a nursing home and flattened an Amazon distribution center, all while killing upwards of 70 people.
  • Record-breaker: The longest tornado on record tracked for
...

Bezos Rocket Launches Strahan, 5 Others Into Space

This was the third flight by Blue Origin

(Newser) - Update: This file has been updated with the return flight. Jeff Bezos’ rocket company, Blue Origin, launched its latest trip to space Saturday morning. The New Shepard rocket blasted off about 10am, and the crew returned safely to Earth in a capsule about 10 minutes later. Among the six people...

Bezos Makes 2 Big Donations
Bezos Makes 2 Big Donations

Bezos Makes 2 Big Donations

$100M donation from Amazon founder is largest Obama foundation has ever received

(Newser) - Barack Obama’s foundation announced Monday that it has received a $100 million donation from Amazon founder Jeff Bezos, which it says is the largest individual contribution it has received to date. The former president's foundation said in a statement that the gift from Bezos is intended "to...

Bezos' $500K Donation Met With Groans

Baby2Baby donation from world's second-richest man fell flat: Page Six

(Newser) - Celebrities including Jeff Bezos raised $8.5 million for Baby2Baby, a nonprofit that provides diapers and other necessities to children living in poverty, at its 10th annual gala in Los Angeles on Saturday, per Vanity Fair . But if Bezos was expecting a pat on the back for his $500,000...

Musk Pokes at Bezos After Blue Origin Loses Lawsuit

'You have been judged,' Musk quips

(Newser) - Update: Jeff Bezos' space company has lost a federal lawsuit against NASA over the decision earlier this year to award a lunar lander contract to SpaceX. The US Court of Federal Claims ruled against Blue Origin, which argued in the August lawsuit that NASA disregarded "key flight safety requirements"...

Amid Lofty Goals, a More Earthly Snub
Amid Lofty Goals,
a More Earthly Snub
the rundown

Amid Lofty Goals, a More Earthly Snub

Israeli minister was shut out of climate meetings because forum wasn't wheelchair accessible

(Newser) - The world climate summit continues in Scotland, and the coverage of COP26 is wide-ranging. A sample:
  • Rejoining: The US has formally rejoined a group known as the High Ambition Coalition at the climate talks, reports the Guardian . The group, made up of developed and developing countries, will push for nations
...

Prince William Calls Out Rich Men&#39;s Race to Space
Shatner: Prince William
Is 'Lovely' but Wrong
UPDATED

Shatner: Prince William Is 'Lovely' but Wrong

He says Blue Origin voyages are 'baby steps' toward greater things after prince's criticism

(Newser) - Update: William Shatner says Prince William is a "lovely, gentle, educated man"—but he's got the "wrong idea" about space tourism. After the prince said the world's greatest minds should focus on fixing problems on Earth, Shatner told Entertainment Tonight that trips like his Wednesday...

Musk Widens Richie-Rich Gap, Trolls Bezos

SpaceX CEO tweets a silver medal at space race rival

(Newser) - Elon Musk is pulling further ahead of Jeff Bezos as the world's richest man, and trolling all the way. Privately-held SpaceX saw its valuation rise to $100.3 billion this week as insiders agreed to sell up to $755 million in stock to new and existing investors at $560...

William Shatner Books Trip to Final Frontier
William Shatner's
Blastoff Date Is Set
UPDATED

William Shatner's Blastoff Date Is Set

Blue Origin rocket will carry TV's Captain Kirk, age 90, into space on Oct. 12

(Newser) - Update: We now have a launch date for William Shatner. The AP reports the Star Trek actor will blast off from West Texas on Oct. 12. "Yes, it's true; I'm going to be a 'rocket man!'" the nonagenarian tweeted Monday, adding , "It's...

Current, Former Blue Origin Staff Pen Scathing Essay

Former comms chief says Jeff Bezos' company ignores safety concerns

(Newser) - "Blue Origin's culture sits on a foundation that ignores the plight of our planet, turns a blind eye to sexism, is not sufficiently attuned to safety concerns, and silences those who seek to correct wrongs." So claim 21 current and former employees of Jeff Bezos' spaceflight company...

Bezos to NASA: Let&#39;s Make a Deal on the Moon
Jeff Bezos
Makes NASA
a $2B Offer

Jeff Bezos Makes NASA a $2B Offer

Ex-Amazon CEO wants to again compete in moon race against SpaceX

(Newser) - If Elon Musk thought he had the sole lock on building NASA's next lunar landing vehicle, there may be a new wrench in the works. In April, the space agency announced it was offering Musk's SpaceX a $2.9 billion contract to build the spacecraft that will take...

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