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Jeff Bezos Accuses National Enquirer Of Extortion For Threatening To Show Emails Of Naked Photos And Wells Fargo Working To Restore System That Cause An Outrage By Users And Consumers

Wells Fargo's users are not able to access their accounts 

Feb. 9, 2019

Jeff Bezos Accuses National Enquirer Of Extortion For Threatening To Show Emails Of Naked Photos

Amazon founder Jeff Bezos is accusing publisher National Enquirer for extortion and blackmail for threatening to publish sexual photos of billionaire that was texted to his mistress, Lauren Sanchez. 

Jeff Bezos and his long-time wife, MacKenzie, announced their divorce on Jan. 9 after Bezos was seen with his mistress publicly. Parent company of National Enquirer, AMI, insisted that the brand didn't do anything illegal. 

In a statement, AMI stated  "American Media believes fervently that it acted lawfully in the reporting of the story of Mr. Bezos." The CEO of Amazon wrote in a post "In the AMI letters I'm making public, you will see the precise details of their extortionate proposal: They will publish the personal photos unless Gavin de Becker and I make the specific false public statement to the press that we 'have no knowledge or basis for suggesting that AMI's coverage was politically motivated or influenced by political forces."  

National Enquirer is published and owned  by David Pecker, who is close friends with Donald Trump. Trump has been attacking Bezos, because Jeff Bezos owns The Washington Post where Trump feels his name is being badly used in the publication. 

Jeff Bezos accused AMI for "weaponizing journalistic privileges" in a blog post. "These communications cement AMI's long-earned reputation for weaponizing journalistic privileges, hiding behind important protections, and ignoring the tenets and purpose of true journalism. Of course I don't want personal photos published, but I also won't participate in their well-known practice of blackmail, political favors, political attacks, and corruption. I prefer to stand up, roll this log over, and see what crawls out," Bezos stated. 

Amazon shares were down 2 percent on Friday's early trade!

Wells Fargo Working To Restore System That Cause An Outrage By Users And Consumers

Wells Fargo has been facing an outrage from it's users after customers complain about not being able to access paychecks and other direct deposits. The bank has fix the problem and transactions are now being reflected into customers' accounts. 

CEO of Wells Fargo, Tim Sloan, commented on the issue in a statement "I apologize to our customers and team members for the inconvenience caused by yesterday's system issues." He also stated  "While we restored operations throughout the day and continue to address customer concerns, our recovery from these issues was not as rapid as we or our customers would have expected." 

Wells Fargo working to restore normal service after customers were shut out of mobile and online banking services on Thursday. ATMs have been restored and branches are operational as the system outrage goes into a second day. The financial service company stated that  "The transactions were processed normally, and customers can use their accounts with confidence. This issue has now been corrected, and all transactions are now visible. We are experiencing higher than normal volumes so there still may be delays in online banking and contact center response times."

Employees for Wells Fargo were also affected by the outrage. "Some team members were not able to see the payroll deposits in their online banking accounts for a short period of time. Wells Fargo payroll was processed normally. This issue has now been corrected," the bank commented.

Wells told costumers that their cards might not work until all systems are back up and running. The bank said mobile and online banking is back operational except for certain features such as credit cards and mortgage balances. Wells has extended their hours and added staff to their call centers.

The system issue came from a power shutdown at one of the bank's facilities after smoke were detected. 

{Source: CNBC}