Thursday, 15 November, 2018

Amazon CEO Jeff Bezos launches a $2 bln philanthropic fund

Sources News reports and announcements Sources News reports and announcements
Laurie Berry | 14 September, 2018, 17:31

Amazon CEO Jeff Bezos announced the launch of a new $2 billion charitable fund Thursday, focused on fighting homelessness and providing quality education.

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

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

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.

Amazon CEO and Washington Post owner Jeff Bezos took aim at President Donald Trump over his criticism of journalists Thursday night, saying his rhetoric calling the media the "enemy of the people" erodes the freedom of the press the nation cherishes.

The new philanthropic effort is called the Bezos Day One Fund, a nod to the executive's management philosophy that organizations must view every day with the fervor of a new start, or face stagnation and decline.

"We will build an organization to directly operate these preschools", Bezos said.

New Opal claims WNBA title with Seattle
The Storm swept in three games. "We're already onto the next thing". "Now I can go to the bar, order her everything she needs". ED: "To get her - trust me, I know, I've got you, Panda". "I'm sure he's going to say we're not invited anyway".

The private non-profit foundation in its 2016 tax filing reported almost $46 million USA in assets, and giving away $30 million United States in grants support its missions in early education, K-12 schools reform and youth leadership development and scholarships.

However, he has recently said he is looking to use his wealth for philanthropy, following in the footsteps of Bill Gates and Mark Zuckerberg.

He has also been criticized for not contributing his fortune to philanthropy like other billionaires have, including Microsoft founder Bill Gates and Berkshire Hathaway's Warren Buffett.

Bezos's wealth has allowed him to pay for side ventures, including starting space exploration company Blue Origin and buying the Washington Post newspaper.

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

The comments appeared to be the first direct, public rebuke of Mr Trump by Mr Bezos, a frequent target of attacks by the President.

He said he did not know how much money he would eventually give away. The Washington Post's top editor has said that Bezos has no involvement in its news coverage. Some activists and politicians have partly blamed the city's problems on Amazon.

Recommended

  • Djokovic captures U.S. Open title for 14th major championship

    Djokovic captures U.S. Open title for 14th major championship

    Djokovic sprinted into a 3-1 lead in the third set before a battling Del Potro clung on, hitting back for 3-3. Del Potro hailed the victor after losing in his first final since winning the Wimbledon Title in 2009.
    Stewart, Storm sweep Mystics for WNBA title

    Stewart, Storm sweep Mystics for WNBA title

    We have a relatively young team. "They are going to play that way offensively, they're going to play that way defensively. I have to be honest with you, on the plane I was reflecting on that. "We rely on that, and we didn't make them tonight".
    Tennis Umpires Mulling Boycott Of Serena Williams Matches

    Tennis Umpires Mulling Boycott Of Serena Williams Matches

    Williams was left baffled, furious, and in tears, by a decision she says was grounded in sexism . She also called Ramos a " thief " for taking a point from her.
  • Tottenham vs. Liverpool: 5 players who could decide the outcome

    Tottenham vs. Liverpool: 5 players who could decide the outcome

    The former right-back suggested that if the German wants to win the league, he should forget all about the Champions League. To focus on one competition can only be if you are out, or almost out, or of if it's late in the season.
    Erdogan takes wheel of Turkish wealth fund

    Erdogan takes wheel of Turkish wealth fund

    It said: "Accordingly, the committee has made a decision to implement a strong monetary tightening to support price stability". On Thursday, the Turkish Central Bank exercised that independence - and appeared to reassure investors in the process.
    Weakening Hurricane Florence begins lashing Carolinas, will produce ‘life-threatening’ conditions

    Weakening Hurricane Florence begins lashing Carolinas, will produce ‘life-threatening’ conditions

    Forecasts generally project Florence to make landfall in southeastern North Carolina on Friday as a Category 3 or 4 hurricane. For public safety, our live streams will be available to all residents of North Carolina.
  • The Apple Watch is inching toward becoming a medical device

    The Apple Watch is inching toward becoming a medical device

    Apple's new iPhone XS Max , the largest iPhone to date and one of the biggest in the market, has a 6.5-inch (16.5-cm) display. Apple did not improve the battery life of the new Apple Watch , and it still runs for 18 hours before needing to be recharged.
    Davids warns Juventus, Barcelona: Pogba unconvincing

    Davids warns Juventus, Barcelona: Pogba unconvincing

    John Terry has questioned whether former boss Jose Mourinho has the strong leaders he needs to succeed at Manchester United . Two of Davids' former clubs, Juventus and Barcelona , are being linked with a January move for the Frenchman.

    Amazon CEO says 'HQ2' decision will be announced before end of year

    Last year Bezos solicited advice from the public via Twitter, asking how he could best use his wealth to help people "right now". The fund will also launch a network of "full scholarship" preschools based in underserved communities.
  • Reality Check: Is President Trump’s Puerto Rico Tweet Accurate?

    Reality Check: Is President Trump’s Puerto Rico Tweet Accurate?

    The report said the GAO has a number of audits pending that will analyze issues such as the restoration of power in Puerto Rico . Elizabeth Warren of MA that there have been 2,431 applications for funeral assistance from Puerto Rico , as of July 30.
    Pope Francis summons bishops for meeting on protecting minors

    Pope Francis summons bishops for meeting on protecting minors

    A diocesan statement also referred to allegations the priest , Manuel La Rosa-Lopez, abused a 16-year-old girl in 2001. But the US plan has looked less like a model recently, given it exempted bishops like McCarrick.
    Weah, 51-Year-Old Liberia President, Plays 79 Minutes Against Super Eagles

    Weah, 51-Year-Old Liberia President, Plays 79 Minutes Against Super Eagles

    Mexico, Liberia's 51-year-old president George Weah suited up for his country's team in a friendly against Nigeria . The friendly match was organized in order to retire Weah's iconic jersey number - 14.

Mark Carney agrees to stay at Bank of England until January 2020 Mark Carney agrees to stay 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.

Final Fantasy Is Coming To Nintendo Switch In A Major Way Final Fantasy Is Coming To Nintendo Switch In A Major Way As for the rest of the event, Nintendo covered plenty more ground, most of which touched on previous announcements. In the meantime, it's also unclear why Final Fantasy 8 wasn't included in the lineup.

No Hurricane Florence evacuation orders for Jasper, Beaufort No Hurricane Florence evacuation orders for Jasper, Beaufort That's on top of the flooding, flying debris, and the other immediate storm-related events that can claim countless lives. Florence was being followed in the Atlantic by two other storms - Hurricane Helene and Tropical Storm Isaac .

Anniversary of deadly 9/11 attacks gives ‘perspective’ as NAFTA talks resume: Freeland Anniversary of deadly 9/11 attacks gives ‘perspective’ as NAFTA talks resume: Freeland When asked about Kudlow's comments, Foreign Affairs Minister Chrystia Freeland said bluntly: "He's not at the negotiating table". Canada expanded foreign access to its dairy sector in trade deals with the European Union and with 10 Pacific Rim countries.

Governors in North and SC warning residents ahead of Florence's arrival Governors in North and SC  warning residents ahead of Florence's arrival The Navy ordered all ships at the world's largest base to sea on Monday to avoid the battering of Hurricane Florence . East coast, preventing Florence from doing the normal turn, said University of Miami hurricane expert Brian McNoldy.

Apple 2018 Event Recap: iPhone Xs, Xs Max, Xr, Apple Watch Apple 2018 Event Recap: iPhone Xs, Xs Max, Xr, Apple Watch The two phones are nearly identical in design and features, with the XS being a refinement of last year's phone. The new iPhone XR's release date is pencilled in for September 21, with pre-orders going live on September 14.

Preparation And Resilience As Hurricane Florence Approaches Preparation And Resilience As Hurricane Florence Approaches When and where it will make landfall is unclear. "If they're telling you to leave, you have to leave", Graham said. At least 800 flights have been cancelled or grounded due to the storm's expected landfall, CNN reported.

OnePlus 6T is about to make a huge mistake OnePlus 6T is about to make a huge mistake This handset's display is only 0.1 inches larger, and that much more screen estate shouldn't dent battery life that much. OnePlus has shared that it will introduce an updated USB Type-C variant of its existing OnePlus Bullets V2 earphones.

Apple's New Lineup: iPhone XS, XS Max and (Slightly) Cheaper XR Apple's New Lineup: iPhone XS, XS Max and (Slightly) Cheaper XR It is also running on the new 7nm A12 Bionic Chip and it retains the same 12MP f/1.8 main camera that's assisted with OIS. But that's exactly what the iPhone XR has managed to do at the 2018 iPhone launch event.

Hurricane Florence could 'kill a lot of people' Hurricane Florence could 'kill a lot of people' A state of emergency has also been declared in Maryland, North Carolina, South Carolina , Virginia and Washington. Hurricane conditions will likely hit the Carolina coast on Thursday night or early Friday.

Residents told to ‘get out now’ as Florence takes aim at Carolinas Residents told to ‘get out now’ as Florence takes aim at Carolinas US President Donald Trump has authorised emergency measures to free up federal funds to help those responding to the storm. Trump said that his administration is "ready". "This is not a storm that people need to ride out", Cooper told reporters.

The Last Remnant Remastered Game Announced for December With Video The Last Remnant Remastered Game Announced for December With Video The game follows the journey of a young man named Rush Sykes who is desperately searching for his kidnapped sister as a war rages. If those issues can be fixed, the game has a chance at a second wind with gamers who probably missed out or avoided the original.

Apple says new iOS will help battle smartphone addiction Apple says new iOS will help battle smartphone addiction It makes sense that Apple is now ditching the 6, as the firm typically limits its lineup to the three most recent generations. The iPhone XS has a resolution of 2436 x 1125, while the iPhone XS Max comes in at 2688 x 1242 simply due to its larger size.

Hurricane Florence hours away from Carolinas Hurricane Florence hours away from Carolinas At 4am BST Wednesday the "monster" storm was centred 670 miles southeast of Cape Fear, North Carolina, moving at 17 mph. Hurricane Sandy formed in the Atlantic in 2012, hitting Jamaica and the Bahamas as a Category 1.

Sam's Club Offers $100 Off iPhone Xs, iPhone Xs Max Buy That's still more than the iPhone SE, however, which sold for $399, making it the cheapest iPhone the firm had sold. While iPhone sales have slowed, Apple profits have risen along with the average purchase price of its handsets.