Jeff Bezos-Biography

Entrepreneur and e-commerce pioneer Jeff Bezos is the founder and CEO of Amazon, the e-commerce company. He is also the owner of The Washington Post and the space exploration company Blue Origin. Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico and since childhood, he has taken a liking to computers that paved the way for the person he has become.

Jeff Bezos

Jeff Bezos Basic Information

Name Jeff Preston Bezos Category Entrepreneur Nationality American Alma Mater Princeton University Occupation Businessman, Investor, Computer Engineer Net Worth US $160 billion Birth Place Albuquerque, New Mexico, U.S Age 56

Jeff Bezos Family and Personal Details

Parents Jacklyn Gise Jorgensen Ted Jorgensen Spouse (s) MacKenzie Tuttle (m. 1993, div. 2019) Children 4 Religion N/A

Jeff Bezos Company Profile

Name Amazon Industry E-commerce, cloud computing, artificial intelligence, consumer electronics, digital distribution, self-driving cars Founded in July 5, 1994 Headquarter Seattle, U.S Areas served Worldwide Website www.amazon.com

Some lesser known facts about Jeff Bezos

• Jeff Bezos started his first business — the Dream Institute, when he was in high school, which was an educational summer camp for school kids.
• In 1990, he became D.E. Shaw’s youngest vice president and despite his successful career in finance, he decided to take risks and foray into e-commerce which was at a nascent stage back then.
• Amazon was first launched in 1995 as a website that only sold books.
• Though Amazon is a huge success today, Bezos had numerous failures along the way. Some of these include fire phone, amazon local, amazon wallet, music importer, etc. However, the entrepreneur says that his other experiments that have succeeded such as amazon prime, amazon kindle and other have paid for the failures.

 

Twitter Asks Dozens Of Laid-Off Staff To Return, Cites ‘Mistake’: Report

Some of those who are being asked to return were laid off by mistake. Others were let go before management realized that their work and experience may be necessary to build the new features Elon Musk envisions, the report said citing people familiar with the moves.

After Twitter is now reaching out to dozens of employees who lost their jobs

Twitter recently laid off 50% of its employees, including employees on the trust and safety team, the company’s head of safety and integrity Yoel Roth said in a tweet earlier this week.

Tweets by staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams.

Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform.

Twitter did not immediately respond to Reuters’ request for comment.

 

Focus on New Delhi’s role as Jaishankar heads to Moscow

AMID THE Russia-Ukraine conflict, External Affairs Minister S Jaishankar is headed to Moscow on Monday for a bilateral visit.

Minister S Jaishankar

Most of his meetings are scheduled on Tuesday, including a bilateral meeting with Russian Foreign Minister Sergey Lavrov and Deputy Prime Minister and Minister of Trade and Industry, Denis Manturov. There is no word yet on a meeting with Russian President Vladimir Putin, but it cannot be ruled out.Read More

Tata Steel to scale up capacity by 40-45 MTPA over next decade through organic route, says MD

 

Tata Steel would like to fuel its growth ambitions through the organic route after a slew of acquisitions that have taken place over the last three years. The steel major acquired Bhushan Steel in 2018, followed by Usha Martin in 2019 and recently closed the acquisition of Neelachal Ispat Nigam Limited (NINL).

The company’s managing director TV Narendran in an interview with Moneycontrol's Nickey Mirchandani said it has headroom to grow its capacity by 40-45 million tonnes over the next decade which could fulfil its growth ambitions without going for the inorganic route option.

This could be done by scaling up Kalinganagar unit capacity from 5 million to 10 MTPA; Bhushan from 5 to 10 MPTA and newly acquired NINL from present 1 MTPA to 10 MTPA, he added.

The managing director also added that brownfield expansions allow the company to pace its expansion well. This is capital efficient and hence easy on the balance sheet, he explained.

Meanwhile, Narendran expects to start the blast furnace for NINL by end of September and scale up the capacity of the plant which was shut down for three years to 100,000 tonnes by end of March.

Gustavo de Arístegui on Spain’s new position

Gustavo de Arístegui is a Spanish politician, diplomat and an international analyst. He comes from a long-standing diplomatic background, his father and grandfather were both senior diplomats posted as ambassadors in Latin America, Europe and the Middle East. Gustavo de Arístegui was elected to Parliament from the Basque region for three terms and served as Shadow Foreign Minister from 2008–2012. He is currently a member of the Board of the European Council of Foreign Relations and has authored four books on Arab politics and Islam.

Gustavo de Arístegui also expressed hopes that the new parameters that now guide the Spanish position should also “inspire” the whole world and lead to “a reconciliation between Algeria and Morocco. A reconciliation that may require time, but that is what we all want,” he said, commenting the recent message addressed to HM King Mohammed VI by the President of the Spanish government, Pedro Sanchez, in which he confirms his support for the autonomy plan in the Moroccan Sahara. These new parameters, he added, “lead us to another thinking …. on the question of the representation of the polisario in relation to the Saharawis. The polisario is not the only representative of the Sahrawi people,” he pointed out.

According to the former MP, “This issue has been a source of confusion in Spain on several occasions”. Spain’s new position on the Moroccan Sahara issue and the support of the government on Morocco’s proposal to give autonomy to Sahara has generated a new conflict between PSOE and Podemos, the government partners and with the Government and its parliamentary partners. The reconstruction of relations between Spain and Morocco and the way in which the Spanish Government has handled this situation has created a wave of criticism among the opposition parties.

“I understand the criticisms that are made by both analysts, media directors, commentators, critics for not having consulted the opposition on an issue of such great importance for Spain’s foreign policy, for peace and security in the Sahel, which is essential for the entire world. But it is such a question extraordinarily complex and delicate that the negotiations had to be carried out in the most absolute discretion and a leak would have generated a debate that could have derailed the agreement between the two countries”, asserts the Spanish politician and international analyst Gustavo de Arístegui, when talking about Spain’s change of position on Western Sahara in Herrera en COPE.

Gustavo de Arístegui also points out the two sides to that criticism. The risks in consulting the opposition and other partners would have been very high and there is more serious chance of destability in Europe and the Mediterranean in the Maghreb than in the 1970s. There are forces with extraordinary destabilization capacity like the terrorist groups in the Sahel and the Boko Haram who are increasingly attacking targets further north and therefore in this situation, peace, security and stability in the Maghreb is essential. Gustavo de Arístegui also remembers the central role that Algeria has played in the stability of the Maghreb and the sacrifices made by hundreds of thousands of Algerians in the fight against jihadism. On the geopolitical level, Aristegui pleaded for a rapprochement between Morocco and Algeria to tackle, together, the terror threats coming from the Sahel.