Page 11 - Jeff Basos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Behind this recall, and the cause of this recall. it's going to be astronomically expensive. they're recalling 100 million air bags, potentially, and it seems like takata is unlikely to escape unsullied by this financially at least. they're looking to sell about $1.5 billion worth of assets to key safety systems. that's a u.s.-based chinese owned company. that will not be nearly enough to cover the losses of potential carmakers. if we talk about prime minister modi, he is going to be meeting with president trump later today. he was meeting with about 1 00 u.s. ceos over the course of the weeke...

>> one of the quotes, he says it's the greatest place i hate to work at. it's challenging. you work there a couple of years and you have the privilege of working at one of most successful companies in america. >> some of the managers apparently according to this "new york times," people had cancer, illness in their family, people died and they needed time to get back in the system, there was no time, so they got squeezed out. but jeff basos himself made it very clear. talk to hr or email me. jeff@amazon.com. 12 minutes coming up. >> he put himself between a live grenade and a marine and surv...

Somebody to fund you. you're not going to convince a consumer to buy it. that's why basos does what he does. you describe it right. he begins all senior strategy meetings the way you describe. 20 to 30-minute period of quiet because in effect he's saying i don't want people to pretend they read the memo. i want to force you to actually read the memo. think about a the pressure on the memo writer. everybody is sitting there reading. it makes these memos really well written. his argument is if you can't write it clearly, logically, cleanly, you don't have a good idea. >> how much trouble, then a...

That's always plagued news. and there have been various ways to address that over the years. one of the reasons that the "new york times" sunday paper is so big is because people want a lot of different kinds of things. people, you know, advertisers pay for the movies section, advertisers pay for the fashion section and the "new york times" can take all that money and use it to save for the pure in iraq which not many people read, but it's important journalism that they have to do. so there's that sort of tradeoff, right? >> i think that's a -- >> provide stuff for the masses and then you fund...

Of the special interests. so i wonder, do you think that's a potential problem that they, you know, are sort of part of corporate america? and also could basos use his experience in amazon to get people to stay on a news site longer or to be repeat customers? >> i think that's always a danger, but that's a danger ever present in the media today. "the washington post" company before bas oo s bought it, you know, they ran capllan, this huge education company and that had a lot of dealings in washington and a lot of controversy and the washington post, the newspaper, had to steer around it and re...