Amazon boss Jeff Bezos buys Washington Post for $250m

[dipsydoodle]

8. Jeff Bezos buys Washington Post after clicking ‘you might also like’ Amazon link

Amazon founder Jeff Bezos has explained that his surprising purchase of the Washington Post was the result of clicking on a link suggesting he might like it after buying a book about newspapers.

Bezos paid $250m for the former newspaper giant, which has been struggling in recent years to adapt its business to accommodate the fact that the Internet is a real thing now.

The new owner of one of America’s most prestigious papers told reporters, “I’d just bought a book about the history of newspapers in America, when the Amazon algorithm said I might also like to purchase the Washington Post.”

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“So I put it in my basket, and then thought ‘what the hell’. I had a spare quarter of a billion lying around anyway.”

http://newsthump.com/2013/08/07/jeff-bezos-buys-washington-post-after-clicking-you-might-also-like-amazon-link/