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Elizabeth Warren Mocks Billionaires Bezos-Bloomberg US Election Talk

Bloomberg's net worth is $52 billion, according to Forbes magazine, which means he's one of the world's wealthiest individuals

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Jeff Bezos
Amazon CEO Jeff Bezos walks onstage in Seattle. Source-VOA

US presidential hopeful Elizabeth Warren has criticised Amazon Founder and CEO Jeff Bezos and former New York City Mayor Michael Bloomberg after reports surfaced that Bezos called the billionaire businessman to launch a 2020 presidential bid.

According to a Vox report, Bezos called the fellow billionaire in February this year and asked him to consider entering the 2020 US presidential race.

“Bloomberg told Bezos no at the time, according to a person briefed on the phone conversation,” said the report.

Bloomberg also had a question for Bezos: Will he reconsider his decision to cancel plans for an Amazon headquarters in New York City?

Bezos replied saying he would not reconsider his decision not to open a second Amazon headquarters in New York.

Amazon in February had announced to abandon its project to build a mega campus in Long Island City, Queens after widespread protests.

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Michael Bloomberg, a former New York City mayor and U.N. Special Envoy for Climate Action, speaks in Washington. VOA

The Democrat US presidential candidate Warren on Saturday mocked both the billionaires.

“One billionaire calls another billionaire and asks him to run for president — I’m shocked! Here’s the deal: Companies like Amazon have too much power, and billionaires like @JeffBezos and @MikeBloomberg should pitch in so that everyone can succeed,” Warren tweeted.

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According to reports, Bloomberg, 77, is reportedly preparing to enter the Democratic race for the 2020 US presidential election.

Bloomberg, who co-founded financial information and media company Bloomberg LP in 1981, was mayor of New York City from 2002 to 2013, serving three terms.

Bloomberg’s net worth is $52 billion, according to Forbes magazine, which means he’s one of the world’s wealthiest individuals. (IANS)

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I Fall in Love with India Every Time I Return Here: Amazon CEO Jeff Bezos

On Friday, Goyal clarified that government welcomes all kinds of investments into the country which are within the ambit of the law

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amazon, jeff bezos
Amazon.in arrived in India on June 5, 2013 and for world's top billionaire Jeff Bezos, has transformed the way the country buys and sells. VOA

Amazon Founder and CEO Jeff Bezos on Friday posted a note on the company’s e-commerce website Amazon India, saying “he falls in love with India every time he returns here”, a day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event.

“I fall in love with India every time I return here. The boundless energy, innovation and grit of the Indian people always inspire me,” Bezos wrote in the letter while mentioning Amazon’s investment in the Indian economy and that the firm is aiming to create 10 lakh new jobs by 2025.

Bezos, in the letter, added that more than 550,000 small and medium businesses (SMBs) in India are using Amazon as a platform to offer millions of products.

The new expected jobs are on top of the 700,000 jobs Amazon has already created in the country since 2013.

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In this Sept. 13, 2018, file photo Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington’s Milestone Celebration in Washington. VOA

On Thursday, Goyal not only ticked off Bezos saying that they are not doing India a favour by investing a billion dollars, but also raised concerns if its losses were a result of predatory pricing and if Amazon and Flipkart were gaining entry into multi-brand retail by using loopholes.

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On Friday, Goyal clarified that government welcomes all kinds of investments into the country which are within the ambit of the law.

“We welcome all kinds of investments that follow the letter and spirit of the law. If some investment is outside the legal purview, appropriate action will be taken,” he told reporters. (IANS)