Trump met with Amazon’s Jeff Bezos at the White House last week

Trump met with Amazon’s Jeff Bezos at the White House last week


Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024.

Michael M. Santiago | Getty Images

President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has learned.

The meeting between Trump and Bezos, one of the world’s richest men, lasted for more than an hour, according to two people familiar with the matter who asked not to be named because the conversation was private.

Amazon declined to comment on the meeting. A spokesperson for Bezos didn’t immediately respond to a request for comment.

The nature and exact timing of the visit couldn’t be learned.

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside of Washington, D.C., on July 14 before taking off the next day, according to Jack Sweeney, a programmer who tracks flight data from jets owned by Elon Musk, Bill Gates and others.

Bezos, who also owns rocket company Blue Origin, has cozied up to Trump during his second term in the White House. Trump frequently hurled insults at Bezos during his first term, largely because of the Amazon founder’s ownership of the Washington Post.

Read more CNBC Amazon coverage

Bezos joined a swath of tech CEOs on stage at Trump’s inauguration in January after donating $1 million to his inaugural fund.

Bezos garnered praise from the Trump administration for his decision to revamp the Post’s editorial pages to focus on “personal liberties and free markets.”

In April, Trump said Bezos, who stepped down as Amazon’s CEO in 2021, was “terrific” and “a good guy” after the billionaire assured Trump that the e-commerce giant had no plans to display tariff-related surcharges on its website.

More recently, Bezos has reportedly sought to capitalize on the dramatic falling out between Trump and Musk, who spent more than $250 million to help Trump win a second White House term and previously led the government-slashing initiative at the Department of Government Efficiency.

Bezos competes with Musk, who is the CEO of SpaceX, through Blue Origin and Project Kuiper, Amazon’s low-Earth orbit satellite internet venture.

After Trump and Musk’s relationship soured, Bezos spoke with Trump on several occasions, while Blue Origin CEO Dave Limp traveled to the White House, the Wall Street Journal reported, citing people familiar with the matter.

The conversations centered in part on government contracts, according to the Journal.



Source

Texas Instruments’ stock falls on weak forecast
Technology

Texas Instruments’ stock falls on weak forecast

The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG […]

Read More
Amazon to buy AI company Bee that makes wearable listening device
Technology

Amazon to buy AI company Bee that makes wearable listening device

Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon plans to acquire wearables startup Bee AI, the company confirmed, in the latest example of tech giants doubling down on generative artificial intelligence. Bee, based in San Francisco, makes a […]

Read More
Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs
Technology

Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs

Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | […]

Read More