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

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

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

Along with running Amazon the tech mogul owns space exploration company Blue Origin and the Washington Post newspaper.

The comments appeared to be the first direct, public rebuke of Mr Trump by Mr Bezos, a frequent target of attacks by the President. The Seattle-based Bill and Melinda Gates Foundation as the world's largest private nonprofit foundation has an endowment worth over $40 billion U.S. and has long supported homelessness services for families in the city. "It's okay. It's part of the process", Bezos said.

The Day 1 Academies Fund will launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities.

Interviewed by the club's president, Carlyle Group co-founder David Rubenstein, Bezos also discussed his new charitable commitments, defended the media and his purchase of the Washington Post, and disappointed the D.C. -connected audience by declining to reveal a winning city for Amazon's second headquarters.

Bezos said in remarks to the Economic Club of Washington that it is "really really hard" for a child to catch up if they fall behind in their early years.

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Bezos said he selected these two areas after getting thousands of ideas from an appeal he launched on Twitter a year ago. "It is unsafe to demonize the media". It is risky to call the media low lifes, it is unsafe to say that they are the enemy of the people.

"I'm very, very comfortable with all of Amazon's approaches and behaviors, [such as] the way we pay taxes", he added.

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.

While the online retail giant's presence made Seattle the fastest-growing big city in the USA, it also has taken a toll on its residents, driving up rent prices, clogging traffic and overwhelming public transportation. Most important among those will be genuine, intense customer obsession. "But we're going to make a final pitch".

Bezos also said no decision had been made on Amazon's second North American headquarters, known as HQ2, for which 20 cities have been selected as finalists, and that the choice would be made as scheduled before the end of the year. "Never have I been more comfortable at an Amazon board meeting!", Bezos' post read.

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