Fired FTC commissioner raises concern over Trump ties to tech billionaires

Alvaro Bedoya points to ‘interesting coincidence’ that he was dismissed after criticizing Amazon’s Jeff Bezos

A day after his abrupt firing by Donald Trump from the Federal Trade Commission, Alvaro Bedoya raised questions about the US president’s relations with some of the country’s richest men.

Appearing at a hearing of the joint judiciary committee of the state legislature in Colorado on Wednesday, the ousted Democratic commissioner said it was an “interesting coincidence” his final public statement in post had blasted Jeff Bezos, the Amazon founder.

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Top Washington Post columnist Ruth Marcus resigns after piece critical of Jeff Bezos is scrapped

The column was disapproving of paper’s new opinion policy of supporting only ‘personal liberties and free markets’

Washington Post associate editor and top political columnist Ruth Marcus is reportedly resigning following CEO Will Lewis’ decision to kill her opinion column critical of owner Jeff Bezos’ latest changes to the paper.

“It is with great sadness that I submit my resignation as columnist and associate editor of the Washington Post,” Marcus wrote in a letter addressed to publisher Will Lewis and billionaire Jeff Bezos and posted on X by a New York Times media reporter.

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Steve Bannon says inauguration marks ‘official surrender’ of tech titans to Trump

Former Trump White House adviser says supplication akin to Japanese surrender to allied forces in September 1945

Steve Bannon, the former Trump White House chief strategist, has described the tech titans gathering at Monday’s inauguration as “supplicants” to Donald Trump making “an official surrender”, akin to the Japanese surrender to allied forces on the deck of the USS Missouri in September 1945.

Bannon, who served as architect of Trump’s 2016 presidential win but later fell out with the president-elect after he criticized his intellect and members of his family, told ABC News in an interview airing Sunday that Trump “broke the oligarchs” who had previously been aligned against him.

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Why will the Washington Post be different during Trump’s second term?

As Trump’s inauguration looms, the paper, owned by Jeff Bezos, is in shambles – largely of its own making

As Donald Trump prepares to take office on 20 January, the ascension of a man who has repeatedly said he will persecute the media surely calls for the journalistic muscle of a newspaper that broke the Watergate scandal and has for decades been a mainstay of American political reporting.

But as Trump’s second term looms, the Washington Post, owned by the billionaire Amazon founder, Jeff Bezos, is in shambles – mired in chaos and disarray largely of its own making.

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Washington Post cartoonist resigns over paper’s refusal to publish cartoon critical of Jeff Bezos

Pulitzer prize winner Ann Telnaes drew a cartoon of the paper’s owner kneeling before Donald Trump

The Washington Post’s Pulitzer prize-winning editorial cartoonist Ann Telnaes has resigned from her position at the newspaper after its refusal to publish a satirical cartoon depicting the outlet’s owner Jeff Bezos – along with other media and technology barons – kneeling before Donald Trump as he gears up for his second US presidency.

“I have had editorial feedback and productive conversations – and some differences – about cartoons I have submitted for publication, but in all that time I’ve never had a cartoon killed because of who or what I chose to aim my pen at,” Telnaes wrote on Friday in an online post on the Substack platform detailing her decision to quit. “Until now.”

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US business leaders set to break record on donations to Trump inaugural fund

Donations, not restricted by campaign finance laws, come as industries seek favor with incoming administration

US business leaders are spending big on Donald Trump’s second inaugural fund, which is predicted to exceed even the record-setting $107m raised in 2017.

The donations, which are not restricted by campaign finance laws, come as industries and business leaders seek to curry favor with the incoming administration after the president-elect decisively won a second, non-consecutive term in November.

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Amazon workers in 20 countries to protest or strike on Black Friday

Workers and their representatives to press US retailer to respect their rights and take action on the climate crisis

Thousands of Amazon workers are expected to protest or strike in more than 20 countries during Black Friday to press for better workers’ rights and climate action from the US retailer..

Workers and representatives from unions and workers’ groups intend to join protests against the Seattle-based company’s practices between Black Friday and Cyber Monday (29 November and 2 December), one of the biggest shopping weekends of the year.

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Business leaders keep quiet on Trump – what are they saying in private?

Experts say top chief executives are treading a fine line to avoid any backlash in the event of a Trump victory

After the January 6 attack on the US Capitol, America’s business leaders came out strongly in their criticism of Donald Trump. Now – as the Harris campaign brands Trump a “fascist” and Trump threatens retribution against “the enemy within” – there appears to be a conspiracy of silence.

In fact, as the nation heads to the polls in an election that is too close to call, some of America’s most powerful chief executive appear to be cozying up to Trump again.

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New Jersey’s largest paper ends daily print editions but will continue online

Star-Ledger’s owner said decision was due to rising costs, decreasing circulation and reduced demand for print copies

The owner of New Jersey’s largest newspaper says it will stop publishing a daily print version of the paper early next year, but its online version will continue.

The Newark Morning Ledger Co said the decision announced on Wednesday was due to rising costs, decreasing circulation and reduced demand for print copies of the Star-Ledger. Two other daily New Jersey newspapers are also expected to end their print publications in the coming months, while a fourth daily newspaper, the Jersey Journal, is expected to cease publication altogether.

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First Black astronaut candidate, now 90, reaches space in Blue Origin flight

Ex-air force captain Ed Dwight, passed over by Nasa in 1961, now oldest person to reach edge of space with Jeff Bezo’s space firm

Sixty-one years since he was selected but ultimately passed over to become the first Black astronaut, Ed Dwight finally reached space in a Blue Origin rocket – and set a different record.

At 10.37am on Sunday, Jeff Bezos’s space company launched its NS-25 mission from west Texas, marking Blue Origin’s first crewed spaceflight since 2022 when its New Shepard rocket was grounded due to a mid-flight failure.

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Amazon to axe 18,000 jobs citing economic uncertainty

Amazon chief points to company’s rapid hiring in recent years while saying layoffs mainly to hit its brick-and-mortar stores

Amazon has announced it will cut more than 18,000 jobs from its workforce – the largest set of layoffs in the US company’s history – while business software maker Salesforce is to cut 8,000 workers in the latest purge of tech jobs.

Amazon cited “the uncertain economy” and said the e-commerce giant had “hired rapidly over the last several years” in making the announcement on Wednesday.

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Washington Post chief announces job cuts – and refuses to answer questions

Publisher Fred Ryan described as ‘embarrassing’ after walking out of meeting following revelation that up to 250 jobs could be lost

Turmoil at the Washington Post has intensified after a contentious town hall meeting on Wednesday in which the newspaper’s publisher, Fred Ryan, astounded staffers by announcing substantial job cuts to come, then quit the meeting, refusing to answer questions.

“This is embarrassing, this is embarrassing,” one staffer was heard saying as Ryan made his hasty exit, according to video footage posted on social media.

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Billionaire MacKenzie Scott donates $15m to help provide glasses to farmers in developing countries

Donation is believed to be the largest single donation towards helping solve the problem of uncorrected blurry vision

MacKenzie Scott, the billionaire philanthropist and former wife of the Amazon founder Jeff Bezos, has donated $15m (£13.5m) to a social enterprise that helps provide glasses to farmers in developing countries.

Scott’s donation to VisionSpring is believed to be the largest single private donation towards helping solve the problem of uncorrected blurry vision which leaves hundreds of millions of people in poverty.

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‘We’ve experienced an anomaly’: Bezos’s latest Blue Origin launch fails

New Shepard rocket fails shortly after launch, but uncrewed capsule jettisons successfully

An uncrewed rocket belonging to Jeff Bezos’s space company, Blue Origin, failed shortly after launch in Texas on Monday morning, a potential setback for the Amazon founder’s wider ambitions of sending humans into orbit.

The malfunction of the New Shepard booster, a type of rocket that is similar to the one Blue Origin has used this year to send three crews of up to six people on suborbital flights, came 1min 4sec after launch and just as the vehicle was reaching its maximum dynamic pressure, known as “max q”.

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Amazon shareholders reject 15 motions on worker rights and environment

Resolutions included calls for company to report on health and safety and review use of plastic

Amazon shareholders have rejected 15 resolutions brought forward by investors in a push to influence the company’s environmental impact and treatment of workers.

Shareholders voted on Wednesday against all the resolutions, most of which focused on worker rights and other social issues. The resolutions included calls for the company to report on worker health and safety and the treatment of its warehouse workers, and a review of Amazon’s use of plastic and changes to the company’s process for board nominations.

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Jeff Bezos questions China’s influence over Elon Musk’s Twitter

Amazon founder raises concerns after Tesla boss strikes $44bn deal to buy social media platform

Jeff Bezos has questioned whether China will lean on Elon Musk’s Tesla business to quell criticism of Beijing on Twitter.

The world’s second richest man posted a tweet raising concerns over potential Beijing influence on Twitter several hours after the Tesla chief executive, and current holder of the No 1 wealth spot, reached a $44bn (£34bn) deal with the Twitter board to buy the influential social media platform.

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If they could turn back time: how tech billionaires are trying to reverse the ageing process

Jeff Bezos and Peter Thiel are pouring huge sums into startups aiming to keep us all young – or even cheat death. And the science isn’t as far-fetched as you might think

In the summer of 2019, months before the word “coronavirus” entered the daily discourse, Diljeet Gill was double-checking data from his latest experiment. He was investigating what happens when old human skin cells are “reprogrammed” – a process used in labs around the world to turn adult cells (heart, brain, muscle and the like) – into stem cells, the body’s equivalent of a blank slate.

Gill, a PhD student at the Babraham Institute near Cambridge, had stopped the reprogramming process midway to see how the cells responded. Sure of his findings, he took them to his supervisor, Wolf Reik, a leading authority in epigenetics. What Gill’s work showed was remarkable: the aged skin had become more youthful – and by no small margin. Tests found that the cells behaved as if they were 25 years younger. “That was the real wow moment for me,” says Reik. “I fell off my chair three times.”

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Alexa whistleblower demands Amazon apology after being jailed and tortured

Tang Mingfang is willing to risk reprisals to clear his name over Foxconn revelations – and to get backing from Jeff Bezos

A whistleblower who exposed illegal working conditions in a factory making Amazon’s Alexa devices says he was tortured before being jailed by Chinese authorities.

Tang Mingfang, 43, was jailed after he revealed how the Foxconn factory in the southern Chinese city of Hengyang used schoolchildren working illegally long hours to manufacture Amazon’s popular Echo, Echo Dot and Kindle devices.

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Superyacht sales surge prompts fresh calls for curbs on their emissions

Campaigners say a superyacht can produce 1,500 times more carbon than a typical family car, and the polluters should pay

The rising fortunes of the world’s billionaires during the pandemic helped fuel a record £5.3bn in superyacht sales last year, prompting calls for new curbs on their emissions.

New figures reveal that 887 superyachts were sold in 2021, an increase of more than 75% compared with the previous year. Yachting brokers say some of the demand has been from wealthy clients seeking a secure refuge from the pandemic.

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Space cadets Branson and Bezos scoop the 2021 shamelessness prize

Virgin and Amazon bosses do well in our awards for business brass neck, but there are also nods to big oil, big money – and a powerful whiff of Musk

Every Christmas, Observer Business Agenda casts its eye over the year that was, seeking to spotlight the business luminaries whose deeds might otherwise have gone unrecognised. At first glance 2021 looked awfully similar to 2020 – a pandemic, various lockdowns and a new wave of infections to round it all off – but it soon became clear that there were still candidates worthy of special recognition.

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