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Common Sense: Why Jeff Bezos’ Divorce Should Worry Amazon Investors

Jeff Bezos and his wife, MacKenzie, may be the first billionaire couple with a huge stake in an enormous technology company to announce their divorce.They won’t be the last.The surprise announcement last week that the Bezoses would divorce after 25 years of marriage instantly raised questions about the future of their 16 percent, roughly $140 billion stake in Amazon. As its founder, chairman, chief executive and largest shareholder, Mr. Bezos exerts almost complete control over the company he created.The big question is, now what? Will Ms. Bezos sell her portion of the family’s vast Amazon holdings? Will she seek a seat on the company’s board? Will she…

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Who Is MacKenzie Bezos?

In her 25 years of marriage to Jeff Bezos, MacKenzie Bezos has been a loyal ambassador for Amazon, the company that made her and her husband the richest couple in the world.She was an integral part of its origin story, driving to Seattle in 1994 while Mr. Bezos sat in the passenger seat, working on the nascent company’s business plan. She was Amazon’s first accountant and was involved in its transformation from a small online bookseller to the e-commerce behemoth it is today, the second company in American history to be valued at over a trillion dollars.Ms. Bezos, 48, is a novelist. But Amazon has defined her…

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Bits: The Week in Tech: Amazon’s Burning Problems

Each week, technology reporters and columnists from The New York Times review the week’s news, offering analysis and maybe a joke or two about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here.Hi, I’m David Streitfeld, reporting from a very quiet week in Silicon Valley. The venture capitalists were at their vacation homes or exotic resorts, dreaming of riches to come. Entrepreneurs also must have taken time off, because I made it to San Jose in less than two hours, a personal record. There wasn’t even a new data privacy scandal to occupy the pundits.Amazon, however, never lets up.…

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Amazon HQ2: How New York and Virginia Won the Beauty Contest

After 14 months of pitches, meetings and offers of incentives and name changes, Amazon announced on Tuesday that its second headquarters would be on two sites: one in Long Island City, Queens, and another in Arlington, Va. The company is also developing a smaller operations and logistics facility in Nashville. Here are some details you might have missed in all the coverage:Amazon brought Cuomo and de Blasio togetherCompany executives flew to New York just to establish that Gov. Andrew M. Cuomo and Mayor Bill de Blasio could put aside their longstanding differences. Although the two have clashed on everything from the subway to handling deer, they were…

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Before a Deal, Amazon Had to Know: Could Cuomo and De Blasio Get Along?

On a late October day, Amazon executives flew to New York to answer a final question before they committed to opening a massive technology center in Queens: Could Gov. Andrew M. Cuomo and Mayor Bill de Blasio stop bickering long enough to see the project through?“They wanted to just trust-but-verify that everybody was on the same page,” said Alicia Glen, a deputy mayor who was at the meeting with Mr. de Blasio.After meeting with both men separately that day, the Amazon officials decided the two Democrats could put aside their longstanding differences. Soon after, documents were exchanged, and re-exchanged, ironing out details of a package worth more…

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Was Amazon’s Headquarters Contest a Bait-and-Switch? Critics Say Yes

It can be concluded the Amazon HQ2 competition was a farce and it was always about pitting the two states against each other for tax breaks. BTW Bezos has two homes in those cities (i.e. preordained winners). #HQ2 #amazon— Ed Chan (@Architect_Ed) November 6, 2018 Amazon’s critics were apoplectic at what they called a bait-and-switch.“I was shocked,” said Robert B. Engel of the Free & Fair Markets Initiative, a nonprofit that is a determined foe of the retailer on all fronts. “They’ve duped more than the bidders. They’ve duped all of us. They can’t even live up to a promise that wasn’t fair to anyone but Amazon.”From…

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Amazon Plans to Split HQ2 in Two Locations

SEATTLE — After conducting a yearlong search for a second home, Amazon has switched gears and is now finalizing plans to have a total of 50,000 employees in two locations, according to people familiar with the decision-making process.The company is nearing a deal to move to the Long Island City neighborhood of Queens, according to two of the people briefed on the discussions. Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said. Amazon already has more employees in those two areas than anywhere else outside of Seattle, its home base, and…

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Among Amazon HQ2 Watchers, Northern Virginia Checks the Most Boxes

SEATTLE — Amazon won’t say a word about where it plans to put its much-hyped second headquarters. Officials in the 20 cities and regions named as finalists say that they don’t know anything — and that even if they did, they wouldn’t share it publicly.But that hasn’t stopped investors, economic officials and developers from trying to reverse engineer the HQ2 search, to understand what a company seen as embodying the future wants and needs, and what local governments should do to be part of that future.The growing consensus is that the place that checks the most boxes is Northern Virginia. In online betting forums, it has the…

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Bits: The Week in Tech: A Breach That Ripples Far Beyond Facebook

Here in India, Facebook is a far more essential part of the internet than it is in the United States. Many companies and organizations have no websites, just a Facebook page. Small businesses sell their wares on the social network as well as the company’s Instagram photo site and WhatsApp. To #deletefacebook — as WhatsApp’s co-founder Brian Acton recently recommended — would be to cut yourself off from much of the digital life of this country. There is no real substitute.Indians are generally less concerned about privacy than Americans, blithely disclosing birth dates, their mother’s maiden name and their cellphone numbers. Late last month, the country’s Supreme…

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Jeff Bezos Cites a Big Number, but Few Details, in Plan for Low-Income Montessori Preschools

With little else to parse, Montessori leaders pored over Mr. Bezos’ brief statement, which described the planned schools as “Montessori-inspired.” The term “Montessori” is not copyrighted, and any school can choose to describe itself as such.Some research, however, shows that Montessori classrooms that hew closest to the original principles of the movement’s founder, Dr. Maria Montessori, are more effective at raising student achievement than programs with a looser approach.Mr. Bezos attended a Montessori preschool in Albuquerque in the 1960s and is one of several tech industry leaders with personal ties to the method. The Google founders, Sergey Brin and Larry Page, have attributed some of their success…

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