Tag Archives | Jeff Bezos

Ballmer vs. Bezos — who will get the last laugh?

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via Greekwire:

A fascinating debate emerged in the tech world this week after Amazon’s big earnings miss and Steve Ballmer’s comments about Amazon’s business model.

In an interview with Charlie Rose, the former Microsoft CEO said that Amazon isn’t a “real business” without meaningful profits — defending his own record of profitability at Microsoft and implying that critics should take a second look at his legacy as a business leader.

Amazon CEO Jeff Bezos is famous for saying it’s “Still Day One” — underscoring a long-term focus that tests the patience of investors. The company is a giant in the world of e-commerce and cloud computing but has stumbled with its initial attempt to expand into smartphones.

Bezos says real innovators need to be “willing to be misunderstood for long periods of time.”

Read More.

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Why the Washington Post’s New Ties to the CIA Are So Ominous

Photo: Dan X. O'Neill (CC)

Photo: Dan X. O’Neill (CC)

American journalism has entered highly dangerous terrain.

A tip-off is that the Washington Post refuses to face up to a conflict of interest involving Jeff Bezos — who’s now the sole owner of the powerful newspaper at the same time he remains Amazon’s CEO and main stakeholder.

The Post is supposed to expose CIA secrets. But Amazon is under contract to keep them. Amazon has a new $600 million “cloud” computing deal with the CIA.

The situation is unprecedented. But in an email exchange early this month, Washington Post executive editor Martin Baron told me that the newspaper doesn’t need to routinely inform readers of the CIA-Amazon-Bezos ties when reporting on the CIA. He wrote that such in-story acknowledgment would be “far outside the norm of disclosures about potential conflicts of interest at media organizations.

But there isn’t anything normal about the new situation. As I wrote to Baron, “few journalists could have anticipated ownership of the paper by a multibillionaire whose outside company would be so closely tied to the CIA.”

The Washington Post’s refusal to provide readers with minimal disclosure in coverage of the CIA is important on its own.… Read the rest

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The CIA, Amazon, Bezos and the Washington Post: An Exchange with Executive Editor Martin Baron

Jeff Bezos 2005To: Martin Baron, Executive Editor, and Kevin Merida, Managing Editor, The Washington Post

Dear Mr. Baron and Mr. Merida:

On behalf of more than 25,000 signers of a petition to The Washington Post, I’m writing this letter to request a brief meeting to present the petition at a time that would be convenient for you on Jan. 14 or 15.

Here is the text of the petition, launched by RootsAction.org:

“A basic principle of journalism is to acknowledge when the owner of a media outlet has a major financial relationship with the subject of coverage. We strongly urge the Washington Post to be fully candid with its readers about the fact that the newspaper’s new owner, Jeff Bezos, is the founder and CEO of Amazon which recently landed a $600 million contract with the CIA. The Washington Post’s coverage of the CIA should include full disclosure that the sole owner of the Post is also the main owner of Amazon — and Amazon is now gaining huge profits directly from the CIA.Read the rest

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Under Amazon’s CIA Cloud: The Washington Post

Jeff Bezos. Photo by Steve Jurvetson (CC)

Jeff Bezos. Photo by Steve Jurvetson (CC)

News media should illuminate conflicts of interest, not embody them. But the owner of the Washington Post is now doing big business with the Central Intelligence Agency, while readers of the newspaper’s CIA coverage are left in the dark.

The Post’s new owner, Jeff Bezos, is the founder and CEO of Amazon — which recently landed a $600 million contract with the CIA. But the Post’s articles about the CIA are not disclosing that the newspaper’s sole owner is the main owner of CIA business partner Amazon.

Even for a multi-billionaire like Bezos, a $600 million contract is a big deal. That’s more than twice as much as Bezos paid to buy the Post four months ago.

And there’s likely to be plenty more where that CIA largesse came from. Amazon’s offer wasn’t the low bid, but it won the CIA contract anyway by offering advanced high-tech “cloud” infrastructure.… Read the rest

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