Amazon founder Bezos to buy Washington Post for $250M

Jeff Bezos, the Amazon.com founder who helped bring books into the digital age, is going after another pillar of “old media”: The Washington Post. Bezos, 49, struck a deal announced Monday to buy the venerable Washington broadsheet and other newspapers for $250 million. It was a startling demonstration of how the Internet has created winners and losers and transformed the media landscape. Bezos made his fortune by pioneering online shopping, first by selling books out of his Seattle garage in 1...

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