Tuesday, August 6, 2013

TechFlash: Amazon on track to spend more on lobbying as Bezos buys Washington Post

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Amazon on track to spend more on lobbying as Bezos buys Washington Post

Amazon is on track to spend more on political lobbying this year than ever before, just as CEO Jeff Bezos makes his largest individual investment ever to buy the biggest political newspaper in the country, The Washington Post.

After knock-off charger electrocutes a woman, Apple offers discounts for trade-ins

Apple, citing safety issues with third-party chargers, is offering owners a chance to trade them in for an Apple charger for $10, about half its usual price, ZDnet.com reported.

Amazon now selling expensive fine art

Need to buy a $4.85 million painting like "Willie Gillis: Package from Home" by Norman Rockwell? No need to head to an art gallery; Amazon.com Inc. has opened a new online unit called Amazon Art that's selling 40,000 works of fine art from more than 150 galleries and dealers.

5 tech companies worth more than the Washington Post

It's a sign of the times, for sure. Jeff Bezos paid $250 million to buy the Washington Post. Here's a list of tech companies that are officially worth more than the newspaper that broke the Watergate scandal:

Why is Bezos buying the Post? 'He believes he can fix it'

To say Amazon CEO Jeff Bezos' investment portfolio is diverse would be a bit of an understatement. He has invested in tech companies including the social network Twitter, the 3D printing company MakerBot, the aerospace company Blue Origin (which he founded) and the black car/software company Uber.

Other places where Jeff Bezos is investing his money

Business Insider, the business and technology news website that Jeff Bezos has invested in, wasted no time in announcing the billionaire's latest venture.

Washington vs. Huffington: Which Post is worth more?

The $250 million Jeff Bezos is paying for print newspaper giant The Washington Post falls far short of the value of recent deals for online media, such as the $315 million AOL paid for the online-only outlet The Huffington Post two years ago.

Bezos to Washington Post employees: 'We will continue to follow the truth'

It's a big day for employees of the Washington Post, which announced today that Amazon CEO Jeff Bezos has purchased the newspaper and many of its subsidiaries for $250 million. Bezos sent them all a letter explaining his decision. Here it is in its entirety:

Why billionaires like Bezos are buying newspapers

Billionaire Warren Buffett owns The Omaha World-Herald. Boston Red Sox owner John Henry last week bought the Boston Globe. And on Monday, Amazon.com Inc. CEO Jeff Bezos bought the Washington Post for $250 million.

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New Xavier program links students, small businesses

5 tech companies worth more than the Washington Post

Utah software firm buys TrainSignal for $23.6 million

Estill blood/IV warmer expanding into civilian markets

Downtown Council maps hidden treasures: creative businesses

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