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Amazon CEO Jeff Bezos seems to be Seattle City Councilmember Kshama Sawant's arch-nemesis, so it only makes sense that she would have something to say about the entrepreneur's $2 billion charitable fund toward homelessness and education.

His comments came as U.S. regulators opened hearings on whether to revamp anti-trust enforcement to consider the dominance of digital giants such as Google, Facebook and Amazon.

Speaking at a Washington business gathering, Bezos said it was normal to draw scrutiny but he did not anticipate any actions that would prevent the internet giant from innovating and growing.

"We live in a society where it's not just the laws of the land that protect us".

What Trump "should say (of criticism) is, 'This is right, this is good". Bezos said it is important for politicians not to vilify big businesses since they can create so much value.

Bezos said his decision to select Seattle for Amazon's original home base was due to Microsoft being there and he had plenty of technical talent to pull from in city. "Nobody in their garage is going to build an all-fiber fuel-efficient Boeing 787".




Bezos hinted earlier this year that he would take on a major philanthropic project after asking his Twitter followers for ideas on how to give away his money. But I will say this - it is a mistake for any elected official, in my opinion, I don't think this is a very out-there opinion, to attack media and journalists.

"It's unsafe to demonize the media", Bezos said. They're still going to want fast delivery. It is a contrast to the long view that Bezos has preached at Amazon and Blue Origin, the space-travel technology company he has been funding with $1 billion a year through the sale of Amazon stock.

Jeff Bezos said the new Day One Fund was inspired by his "Day 1 mentality". "So, we've made tremendous progress. and we will get there".

The announcement marks a deeper foray into philanthropy for Mr Bezos, whose fortune has soared to more than $160 billion thanks to his stake in Amazon, making him the world's richest person, according to Forbes.

Amazon has said the senator's statements about the company are "inaccurate and misleading".

Bezos held true to that word, even jokingly pushing back on the smattering of boos that came from the D.C. crowd when he declined to reveal the victor of the HQ2 contest.


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