The Unfatherly Affair of Jeff Bezos with The Washington Post
Talk of the town across global villages, tall, bold, and wage killer, Amazon CEO Jeff Bezos recently filed his departure, has got some past dues. On buying The Washington Post, he said that the newspaper being in the capital city of the most important country in the world has an incredibly important role to play in this democracy. Today, as Amazon daily workers protest for minimum wage revision, he takes out The Washington Post from his pocket of investments and flashes native ads portraying Amazon's advocacy of higher minimum wage.
The Washington Post: The Loss Vending Machine
In 1993, Eugene Meyer bought The Washington Post from a bankruptcy auction for $825,000. 10 years later, as free listing directories disrupted classified ad revenue leading to a decline in revenue for digita...