Posted on July 26, 2017
When Jeff Bezos, the founder, chairman, and CEO of giant online retailer Amazon.com, Inc., paid $250 million for the money-losing Washington Post in 2013, market analysts downplayed the purchase as little more than a bored techie billionaire using pocket change to buy a hobby.
They were wrong. Bezos buys businesses, not hobbies.
By 2015, the Post had […]
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