In the space of a few days, two major newspapers have been sold from their corporate entities to billionaires. On August 3, The New York Times Co agreed to sell The Boston Globe to John Henry, the owner of the Boston Red Sox, for a pittance of $70M. And on August 5, Amazon founder Jeff Bezos agreed to buy the Washington Post for $250M.
Earlier in the year, billionaire industrialists Charles and David Koch, investigated buying the Tribune Company, which operates the Los Angles Times and Chicago Tribune.
Last week it came to light to Amazon founder Jeff Bezos had filed a patent for having airbags built into cell phones to protect them if they’re ever accidentally dropped. Rather than having a NASA-style airbag that completely envelops the phone, micro air jets orient the device so that it lands on a tiny airbag that pops out of the bottom. Wouldn’t it be interesting if this kind of thing became common on digital cameras in the future? The idea is pretty farfetched, but some people I know would definitely benefit from camera airbags.