UNEXPECTED INVESTOR: Bezos, 49, who is buying the Washington Post as a personal investment for US$250mil (RM808.25mil), has funded an eclectic array of ventures through an entity called Bezos Expeditions, including the business news website Business Insider and Twitter, the messaging service. — Reuters
SEATTLE: Amazon.com Inc chief executive officer Jeff Bezos is daring rival retailers to raise their minimum wage to US$16 an hour.
Bezos laid down the challenge in his annual shareholder letter, published on Thursday.
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