Morning Tidings

Tag: Pledges

  • Jeff Bezos Pledges To Donate Most of His 4 Billion Fortune in a Joint Interview With His Girlfriend Lauren Sanchez

    Jeff Bezos Pledges To Donate Most of His $124 Billion Fortune in a Joint Interview With His Girlfriend Lauren Sanchez

    New York, November 14: Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune.

    Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released on Monday. The billionaire didn’t specify how – or to whom – he will give away the money, but said the couple were building the “capacity” to do it. Amazon Founder Jeff Bezos Says Will Donate Most of His $124 Billion Fortune in His Lifetime.

    “The hard part is figuring out how to do it in a levered way,” Bezos said during the interview. “It’s not easy. Building Amazon was not easy. It took a lot of hard work and very smart teammates. And I’m finding – and Lauren’s finding – that philanthropy is very similar. It’s not easy. It’s really hard.”

    Previously, Bezos has been criticised for not signing the Giving Pledge, the campaign launched by Bill Gates, Melinda French Gates and Warren Buffet to encourage billionaires to donate the majority of their wealth through philanthropy.

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    The billionaire stepped down as Amazon CEO last year to devote more time to philanthropy and other projects. He’s pledged $10 billion to fight climate change as part of his Bezos Earth Fund initiative. And according to The Chronicle of Philanthropy, he gave $510.7 million to nonprofits last year. Jeff Bezos, the Founder of Amazon and the Fourth-richest Person in the World.

    On Saturday, Bezos and Sanchez also announced a no-strings-attached $100 million grant to singer Dolly Parton, who’s been praised for her philanthropic work that helped create the Moderna vaccine for COVID-19. Bezos had given a similar grant to chef Jose Andres and CNN commentator Van Jones last year.

    (This is an unedited and auto-generated story from Syndicated News feed, Morning Tidings Staff may not have modified or edited the content body)

  • Tesla CEO Elon Musk Pledges To Scale Up Work Standards in Twitter After Acquisition Completed

    Washington, May 8: Tesla CEO and SpaceX founder Elon Musk said he would significantly increase work ethic standards in Twitter once he officially acquires the social media platform. Last week, Twitter said it agreed to be acquired by Musk in a deal worth $44 billion, although it is still subject to shareholder approval.

    “Work ethic expectations would be extreme, but much less than I demand of myself,” Musk said on Twitter on Friday. The company will be “super focused on hardcore software engineering, design, information security and server hardware,” he added. Elon Musk Buys Twitter: ‘Elon Is the Singular Solution I Trust’, Says Former CEO Jack Dorsey.

    Tesla CEO Elon Musk’s Tweet

    Musk previously said that he would like to revolutionize Twitter’s role in public debate as “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”

    (This is an unedited and auto-generated story from Syndicated News feed, Morning Tidings Staff may not have modified or edited the content body)

  • Vodafone To Auction World’s First SMS ‘Merry Christmas’ As NFT in Paris, Pledges To Donate Proceedings for Charity

    Telecom giant Vodafone is all set to auction the world’s first-ever text message written in 1992 as a Non-Fungible Token (NFT) in Paris. Vodafone is reportedly eyeing to fetch £150,000 to £200,000 in exchange for the 30-year-old SMS. The auction will take place online on December 21, 2021. Vodafone said that it will donate the proceeds from the auction to UNHCR, the UN Refugee Agency.

    Reportedly, Neil Papworth, a British software architect created SMS and sent a 15 character text message ‘ Merry Christmas’ to Richard Jarvis, Director of Vodafone via Vodafone network on December 3, 1992. Soon, in 1993, Nokia came up with a handset that was capable of sending and receiving texts messages. MG Motor India Becomes First Carmaker To Introduce NFT Collection.

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    The auction will be conducted by Aguttes and will be open to bidders around the world. The buyers will be getting a replica of the original communication protocol from the network and a visual representation featuring the handset that received the first-ever SMS. Vodafone has said that it will not produce any other NFTs based on the text message.

    (The above story first appeared on Morning Tidings on Dec 21, 2021 03:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).