Amazon CEO says ‘HQ2’ decision will be announced before end of year

Amazon CEO says ‘HQ2’ decision will be announced before end of year

Amazon CEO says ‘HQ2’ decision will be announced before end of year

Written by Reuters

14 Sep, 2018 | 2:06 pm

REUTERS – Amazon.com Inc chief executive Jeff Bezos said on Thursday (September 13) that the company would announce a decision on where it would build a second headquarters before the end of the year.

Amazon previously announced 20 finalists in North America for its planned investment of $5 billion and 50,000 jobs. At a speech before the Economic Club of Washington on Thursday, Bezos did not offer any favorites for the project.

Bezos, the world’s richest person also said he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities.

The announcement marks a deeper foray into philanthropy for Bezos, whose fortune has soared to more than $160 billion thanks to his stake in Amazon. Dominance in e-commerce and the nascent field of cloud computing has made Amazon the world’s second-most valuable public company.


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