Jeff Bezos plays it safe during first Congressional hearing - Business Insider

, Bezos had the most "I'll-get-back-to-you-on-that" comments of the four CEOs at the hearing.

"He was trying to be very careful — it's a natural consequence of being sworn in," Kovacic told Business Insider. "Rule number one is never guess or speculate.

"I'm going to acknowledge this is an imperfect system," Bezos said, of Amazon's program allowing consumers to donate to charities that include the SPLC. Bezos said it's against company policy to access proprietary seller data, and the company has additional safeguards to prevent it from happening. But he said he"I do not want to go beyond what I know right now," Bezos said.

Because each speaker was given a five minute limit to ask questions, some of the conversations seemed rushed and disorganized, according to Juozas Kaziukenas, CEO of Marketplace Pulse. He said it would have been more effective if the committee had questioned each CEO on separate days, as the questioning seemed to lack depth.On less sensitive issues, Bezos didn't appear to hold back.

bkindngood It’s about time.

Tf u mean, his rich n shiny head is literally a spotlight.

And it didn't work.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Proper Gnar, the First Black Woman-Owned, Beyoncé-Approved Skateboard Company'Skateboarders, they're always so accepting of different people. It also gives you time to be on your own. You can go skating and it's just you, your board, and your thoughts.' propergnar
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Facebook, Amazon CEOs to defend their companies before U.S. Congress by listing competitorsAmazon.com Inc Chief Executive Jeff Bezos and Facebook Inc's Mark Zuckerberg will defend their respective companies before a congressional hearing on Wednesday by saying they face intense competition from large rivals. Going to be one short list! 👀👆🏿 Competitors...HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Source: Reuters - 🏆 2. / 97 Read more »

Amazon releases CEO Jeff Bezos' remarks ahead of antitrust hearing - Business InsiderJeff Bezos will tell Congress that Amazon's size is a good thing, and that it faces plenty of competition from rivals like Walmart: 'Just like the world needs small companies, it also needs large ones' Bezos is right, but the issue is how to protect/encourage and make competitive small businesses in order to compete with those two behemoths? he has too much power Break them up, next the banks 🏦
Source: BusinessInsider - 🏆 729. / 51 Read more »