Sara Fischer reports via Axios: The decline of local newspapers accelerated so rapidly in 2023 that analysts now believe the U.S. will have lost one-third of the newspapers it had as of 2005 by the end of next year -- rather than in 2025, as originally predicted. There are roughly 6,000 newspapers left in America, down from 8,891 in 2005, according to a new report from Northwestern's Medill School of Journalism, Media, Integrated Marketing Communications. "We're almost at a one-third loss now and we'll certainly hit that pace next year," said the report's co-authors -- Penelope Muse Abernathy, a visiting professor at Medill, and Sarah Stonbely, director of Medill's State of Local News Project. Of the papers that still survive, a majority (4,790) publish weekly, not daily.

Over the past two years, newspapers continued to vanish at an average rate of more than two per week, leaving 204 U.S. counties, or 6.4%, without any local news outlet. Roughly half of all U.S. counties (1,562) are now only served with one remaining local news source -- typically a weekly newspaper. Abernathy and Stonbely estimate that 228 of those 1,562 counties, or roughly 7% of all U.S. counties, are at high risk of losing their last remaining local news outlet.

There isn't enough investment in digital news replacements to stop the spread of news deserts in America. The footprint for alternative local news outlets is tiny and they are mostly clustered around metro areas that already have some local coverage. The report estimates that -- for outlets focused on state and local news -- there are roughly 550 digital-only news sites, 720 ethnic media organizations and 215 public broadcasting stations in America, compared to 6,000 newspapers. The authors argue that the dynamic between those with access to quality local news and those who don't "poses a far-reaching crisis for our democracy as it simultaneously struggles with political polarization, a lack of civic engagement and the proliferation of misinformation and information online."

An anonymous reader quotes a report from The Verge: The Federal Communications Commission has approved (PDF) a new set of rules aiming to prevent "digital discrimination." It means the agency can hold telecom companies accountable for digitally discriminating against customers -- or giving certain communities poorer service (or none at all) based on income level, race, or religion. The new rules come as part of the Biden Administration's 2021 Bipartisan Infrastructure Law, which requires the FCC to develop and adopt anti-digital discrimination rules. "Many of the communities that lack adequate access to broadband today are the same areas that suffer from longstanding patterns of residential segregation and economic disadvantage," FCC Chairwoman Jessica Rosenworcel said following today's vote. "It shows that minority status and income correlate with broadband access."

Under the new rules, the FCC can fine telecom companies for not providing equal connectivity to different communities "without adequate justification," such as financial or technical challenges of building out service in a particular area. The rules are specifically designed to address correlations between household income, race, and internet speed. Last year, a joint report from The Markup and the Associated Press found that AT&T, Verizon, and other internet service providers offer different speeds depending on the neighborhood in cities throughout the US. The report revealed neighborhoods with lower incomes and fewer white people get stuck with slower internet while still having to pay the same price as those with faster speeds. At the time, USTelecom, an organization that represents major telecom providers, blamed the higher price on having to maintain older equipment in certain communities.

The FCC was nearly divided on the new set of rules, as it passed with a 3-2 vote. Critics of the new policy argue the rules are an overextension of the FCC's power. Jonathan Spalter, the CEO of USTelecom, says the FCC is "taking overly intrusive, unworkably vague, and ultimately harmful steps in the wrong direction." Spalter adds the framework "is counter" to Congress' goal of giving customers equal access to the internet. Still, supporters of the new rules believe they can go a long way toward improving fractured broadband coverage throughout the US. The FCC will also establish an "improved" customer portal, where the agency will field and review complaints about digital discrimination. It will take things like broadband deployment, network upgrades, and maintenance across communities into account when evaluating providers for potential rule violations, giving it the authority to hopefully finally address the disparities in internet access throughout the US.

Some of the United States' largest civil liberties groups are urging Senate majority leader Chuck Schumer not to pursue a short-term extension of the Section 702 surveillance program slated to sunset on December 31. From a report: The more than 20 groups -- Demand Progress, the Brennan Center for Justice, American Civil Liberties Union, and Asian Americans Advancing Justice among them -- oppose plans that would allow the program to continue temporarily by amending "must-pass" legislation, such as the bill needed now to avert a government shutdown by Friday, or the National Defense Authorization Act, annual legislation set to dictate $886 billion in national security spending across the Pentagon and US Department of Energy in 2024.

"In its current form, [Section 702] is dangerous to our liberties and our democracy, and it should not be renewed for any length of time without robust debate, an opportunity for amendment, and -- ultimately -- far-reaching reforms," a letter from the groups to Schumer says. It adds that any attempt to prolong the program by rushed amendment "would demonstrate blatant disregard for the civil liberties and civil rights of the American people."

US inflation fell to 3.2 per cent in October, lower than economists had expected and the first decline for four months. From a report: Consumer prices rose 3.2 per cent year on year in October, down from an annual rate of 3.7 per cent in September. The annual rise was slightly less than economists had forecast, and prices were flat month on month. The central bank held its benchmark interest rate steady at a 22-year high earlier this month, and investors have become increasingly confident that rates have peaked. Futures markets on Monday afternoon were pricing in a 13 per cent chance of a further rate rise at the Fed's next rate-setting meeting in mid-December.

Core inflation -- which strips out volatile food and energy prices -- was also slightly weaker than economists had predicted, dipping from 4.1 per cent to 4.0 per cent on a year on year basis. Core inflation rose by 0.2 per cent month on month. Fed chair Jay Powell stressed last week that policymakers would not be "misled by a few good months of data," and that the central bank could tighten monetary policy further if necessary, although officials have shown little intention of immediately raising rates beyond the current range of 5.25-5.5 per cent. Stronger-than-expected gross domestic product growth has fanned fears that the slowdown in inflation could stall, but Powell said last week that he and his colleagues expected the pace of economic expansion to slow. Instead of another rate rise, the Fed is increasingly expected to push back the timing of rate cuts deeper into 2024 if consumer prices remain stubbornly high.

Government delegations will gather in Nairobi, Kenya, to hammer out details of what could be the first global treaty to tackle the plastic pollution crisis. From a report: A key focus for the discussions on Monday will be whether targets to restrict plastic production should be decided unilaterally or whether states should choose their own targets; this is, say environmentalists, the "centre of gravity" for the treaty's ambition. At the last round of negotiations in Paris in May run by the international negotiating committee (INC) the US, Saudi Arabia, India and China favoured a "Paris-style" agreement where states would have the freedom to determine their own commitments, while others, including Africa and many developing countries, preferred strong global commitments.

But there are signs, some observers say, of a shift in the US's position on this key issue, though details have yet to emerge. "The main takeaway for many environmental groups, after INC2 [the negotiations in Paris], was how bad the US position was, in terms of Paris-style voluntary commitments," said Graham Forbes, the global plastics campaign lead for Greenpeace USA. He said there had been signals of a shift. "We are going to be watching very closely to see how that plays out. We need to be speaking about rules and putting in place regulations."

Last month, a "zero draft" version of the text published by the INC as the basis of negotiations over what the head of the United Nations Environment Programme has described as the most important multilateral treaty since the Paris accord in 2015. The goal is to have a formal treaty in place by the end of 2024. This third round of talks, in Kenya from 13-17 November, will mark the halfway point.

The Biden administration on Monday told US agencies to work toward giving up use of some telecommunications airwaves in order to make room for commercial providers facing surging demand for fast 5G services. From a report: The plan, called the National Spectrum Strategy, called for "detailed studies" to be concluded within two years. The document provides for "more transparent, more coordinated" efforts at airwaves management, Lael Brainard, director of the National Economic Council, said.

"We have to make better use of the airwaves we have," said Alan Davidson, an assistant secretary of commerce who will help lead further steps to fulfill the strategy. Commercial providers have long sought more access to airwaves occupied by US agencies, saying that government uses at times aren't efficient and they should share space with new commercial technologies. Spectrum refers to the array of airwaves that carry everything from voice calls to satellite transmissions to signals for industrial machinery.

An anonymous reader writes: US Treasuries may face renewed selling pressure into the new year if one measure of the nation's swelling debt repayment bill is any guide. Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That projected amount has doubled in the past 19 months from the equivalent figure forecast around the time. The estimated interest expense is calculated using US Treasury data which state the government's monthly outstanding debt balances and the average interest it pays.

Of course, the gauge of estimated interest costs is different than what the Treasury actually paid. Interest costs in the fiscal year that ended Sept. 30 ultimately totaled $879.3 billion, up from $717.6 billion the previous year and about 14% of total outlays. But, looking forward, the rise in yields on long-term Treasuries in recent months suggests the government will continue to face an escalating interest bill.

The U.S. Space Force's shadowy X-37B spaceplane is set to launch atop a SpaceX Falcon Heavy rocket on Dec. 7. It'll mark the seventh mission for the X-37B, but the first time it'll fly on a heavy-lift launcher. Space.com reports: Little is known about the capabilities and operations of the space plane, but Space Force says the mission will follow previous flights that used the X-37B as a test bed for launching experimental payloads and returning them to Earth. "We are excited to expand the envelope of the reusable X-37B's capabilities, using the flight-proven service module and Falcon Heavy rocket to fly multiple cutting-edge experiments for the Department of the Air Force and its partners," said Lt. Col. Joseph Fritschen, program director for the X-37B, in the statement.

It isn't known why the X-37B is launching atop a Falcon Heavy for the USSF-52 mission. Five of the space plane's previous missions launched on United Launch Alliance Atlas V rockets, while its fifth mission, USA-277, took off on top of SpaceX's smaller rocket, the Falcon 9 (Falcon Heavy consists of three Falcon 9 boosters strapped together). Such a change could suggest that the space plane is carrying heavier payloads or is sporting a new hardware configuration. So far, Space Force has only stated that the mission will "expand the United States Space Force's knowledge of the space environment by experimenting with future space domain awareness technologies," according to the statement. However, Space Force's statement adds that the mission will carry a NASA experiment known as Seeds-2 that will test the effects that space-based radiation has on plant seeds during a long-duration spaceflight.

An anonymous reader quotes a report from TechCrunch: The government of Maine has confirmed over a million state residents had personal information stolen in a data breach earlier this year by a Russia-linked ransomware gang. In a statement published Thursday, the Maine government said hackers exploited a vulnerability in its MOVEit file-transfer system, which stored sensitive data on state residents. The hackers used the vulnerability to access and download files belonging to certain state agencies between May 28 and May 29, the statement read. The Maine government said it was disclosing the incident and notifying affected residents as its assessment of the impacted files "was recently completed."

Maine said that the stolen information may include a person's name, date of birth, Social Security number, driver's license and other state or taxpayer identification numbers. Some individuals had medical and health insurance information taken. The statement said the state holds information about residents "for various reasons, such as residency, employment, or interaction with a state agency," and that the data it holds varies by person. According to the state's breakdown of which agencies are affected, more than half of the stolen data relates to Maine's Department of Health and Human Services, with up to about a third of the data affecting the Maine's Department of Education. The remaining data affects various other agencies, including Maine's Bureau of Motor Vehicles and Maine's Department of Corrections, though the government notes that the breakdown of information is subject to change. More than 1.3 million people live in the state of Maine, according to the U.S. Census Bureau.

Long-time Slashdot reader AmiMoJo writes: [O]n Wednesday, the company and utility planning to build the first small, modular nuclear plant in the U.S. announced it was cancelling the project. The U.S. has approved a single design for a small, modular nuclear reactor developed by the company NuScale Power. The government's Idaho National Lab was working to help construct the first NuScale installation, the Carbon Free Power Project. Under the plan, the national lab would maintain a few of the first reactors at the site, and a number of nearby utilities would purchase power from the remaining ones.

With the price of renewables dropping precipitously, however, the project's economics have worsened, and backers started pulling out of the project. The final straw came on Wednesday, when NuScale and the primary utility partner, Utah Associated Municipal Power Systems, announced that the Carbon Free Power Project no longer had enough additional utility partners, so it was being cancelled. In a statement, the pair accepted that "it appears unlikely that the project will have enough subscription to continue toward deployment."

Google -- under fire in court for allegedly resting on its laurels thanks to its 90% market dominance -- only made an effort to beef up the quality of its search engine in the European Union after being hit by a record antitrust fine, according to internal documents revealed in the US Justice Department's monopolization case against the tech giant. From a report: The Justice Department is arguing at a trial in Washington that Google's failure to improve its products -- unless put under pressure -- proves that it's illegally maintaining its monopoly. Alphabet's Google planned to improve its European search results only after a record 2018 European antitrust fine, according to the documents, which revealed that Google executives discussed a plan dubbed "Go Big in Europe."

The plan aimed to improve results in France and Germany in 2019 and 2020 with changes such as adding post-game soccer video highlights, more local content and news, pronunciation practice for different languages and more information on local television options available for streaming. The catalyst was a 2018 EU antitrust order that forced Google to offer a choice screen giving Android phone users five search engine options to choose from, according to US antitrust enforcers trying the case.

One of the world's largest mobile data brokers, Kochava, has lost its battle to stop the Federal Trade Commission from revealing what the FTC has alleged is a disturbing, widespread pattern of unfair use and sale of sensitive data without consent from hundreds of millions of people. ArsTechnica: US District Judge B. Lynn Winmill recently unsealed a court filing, an amended complaint that perhaps contains the most evidence yet gathered by the FTC in its long-standing mission to crack down on data brokers allegedly "substantially" harming consumers by invading their privacy. The FTC has accused Kochava of violating the FTC Act by amassing and disclosing "a staggering amount of sensitive and identifying information about consumers," alleging that Kochava's database includes products seemingly capable of identifying nearly every person in the United States.

According to the FTC, Kochava's customers, ostensibly advertisers, can access this data to trace individuals' movements -- including to sensitive locations like hospitals, temporary shelters, and places of worship, with a promised accuracy within "a few meters" -- over a day, a week, a month, or a year. Kochava's products can also provide a "360-degree perspective" on individuals, unveiling personally identifying information like their names, home addresses, phone numbers, as well as sensitive information like their race, gender, ethnicity, annual income, political affiliations, or religion, the FTC alleged.

Beyond that, the FTC alleged that Kochava also makes it easy for advertisers to target customers by categories that are "often based on specific sensitive and personal characteristics or attributes identified from its massive collection of data about individual consumers." These "audience segments" allegedly allow advertisers to conduct invasive targeting by grouping people not just by common data points like age or gender, but by "places they have visited," political associations, or even their current circumstances, like whether they're expectant parents. Or advertisers can allegedly combine data points to target highly specific audience segments like "all the pregnant Muslim women in Kochava's database," the FTC alleged, or "parents with different ages of children."

According to the Wall Street Journal, Intel may receive billions in U.S. government funding to build secret facilities that produce microchips for the military. SiliconANGLE reports: The facilities, which have not yet been disclosed, would be designated as a "secure enclave" to reduce the military's dependence on chips imported from East Asia, particularly Taiwan, which is at risk of a future invasion from China. The funding for the new facilities would come from the $52.7 billion allocated under the Chips Act, signed into law by President Biden in August 2022. The Chips Act, which had bipartisan support, promotes chipmaking and scientific research through funding and tax credits. The law is aimed at encouraging domestic manufacturing of semiconductors and helping U.S. companies compete with China in developing cutting-edge technologies.

The new Intel facilities, presuming they go ahead, could reside partly at Intel's Arizona factory complex, according to sources referenced in the Journal report. The exact amount of funding that will be made available is not yet known, but "people familiar with the situation" tell the Journal that they could cost about $3 billion to $4 billion, which would come from the $39 billion set aside in the Chips Act for manufacturing grants. Officials from the Commerce Department, the Office of the Director of National Intelligence and the Defense Department are said to be negotiating the project with Intel but have not yet made a final decision.

The first manufacturing grants under the Chip Act are expected to be announced in the coming weeks. The program was reported to have had more than 500 entities express interest and more than 130 have submitted applications or pre-applications for funding.

Jacob Knutson reports via Axios: Sensitive, highly detailed personal data for thousands of active-duty and veteran U.S. military members can be purchased for as little as one cent per name through data broker websites, according to a new study (PDF) published on Monday by Duke University researchers. [...] The data about military personnel purchased as part of the study included full names, physical and email addresses, health and financial information and details about their ethnicity, religious practices and political affiliation. In some cases, the information also included whether the person owned or rented a home, was married or had children. The children's ages and sexes were accessible, too.

The researchers bought data on up to around 45,000 military personnel for between $0.12 to $0.32 per record. They also bought data belonging to 5,000 friends and family members of military personnel. Larger data purchases of over 1.5 million service members were available for as little as $0.01 per record from at least one broker the researchers contacted. The researchers called on Congress to pass a comprehensive privacy law and for regulatory agencies like the Federal Trade Commission to develop rules to govern military personnel data purchases.

The city of Washington D.C. is planning to give residents Apple AirTags to help officers track down stolen vehicles. PCMag reports: "Last week, we introduced legislation to address recent crime trends; this week, we are equipping residents with technology that will allow MPD to address these crimes, recover vehicles, and hold people accountable," D.C. Mayor Muriel Bowser said in a statement. "We have had success with similar programs where we make it easier for the community and MPD to work together -- from our Private Security Camera Incentive Program to the wheel lock distribution program -- and we will continue to use all the tools we have, and add new tools, to keep our city safe."

At launch, the AirTags will be available to residents in specific areas of the city that have recently seen the largest increase in vehicle thefts. To obtain the tags, residents will have to attend one of three scheduled distribution events next week where officers will install the device on the resident's cars and help them set up the tracking tag on their mobile devices. The program is currently available for residents who live in Police Service Areas 106, 501, 502, 603, 605, and 606. Check where you live on the MPD's website.

The Biden administration is proposing a ban on TCE, a highly toxic chemical commonly used in stain removers, adhesives and degreasers, and which had been found to be contaminating drinking water on a wide scale across the US. From a report: The move comes after years of mounting scientific evidence showing TCE is "extremely toxic" at low levels of exposure, the Environmental Protection Agency (EPA) wrote in a statement. "The science is loud and clear on TCE. It is a dangerous toxic chemical and proposing to ban it will protect families, workers and communities," said the EPA deputy administrator, Janet McCabe.

TCE, or trichloroethylene, is a volatile organic compound that humans are frequently exposed to in a variety of settings, though those who use products with the chemical in an occupational setting are most at risk. It's also commonly used in carpet cleaning treatments, hoof polishes, brake cleaners, pepper spray and lubricants. Among other health issues, the chemical is thought to be a carcinogen and a liver toxin, harm male reproduction, cause neurological damage, damage kidneys and cause Parkinson's disease.

The state of Maine is "poised to vote on an unprecedented plan to rid themselves of the state's two largest electric utilities and start with a clean slate," reports the Associated Press: The proposed takeover of two investor-owned utilities that distribute 97% of electricity in the state would mark the first time a U.S. state's utilities were forcibly removed at the same time. The referendum calls for dismantling Central Maine Power and Versant Power and replacing them with a nonprofit utility called Pine Tree Power to operate 28,000 miles (45,000 kilometers) of transmission lines...

The referendum calls for creation of a nonprofit utility with a board made up of mostly elected members and a few appointed ones. A primary selling point is that the new utility would be beholden only to ratepayers, not corporate shareholders, allowing lower costs, greater investments in the grid and improved performance, supporters said. Interest rates for long-term borrowing for capital improvements also would be less costly for Pine Tree Power. Supporters say there's little to lose: Both investor-owned utilities rank near the bottom in customer satisfaction, with longer-than-average response to power outages and higher-than-average electricity rates.

But critics, including Democratic Gov. Janet Mills, worry about the power grid becoming politicized. They also question savings projections because of the billions of dollars needed to buy out the utilities, and worry about the prospect of lengthy litigation. Maine Public Advocate William Harwood contends legal disputes could postpone the new utility's implementation by five to 10 years.
The American Public Power Association estimates that investor-owned utilities serve 66% of America's electricity consumers, according to the article. So the Associated Press notes that "Across the country, ratepayers who are unhappy with their utilities are watching what happens," citing this quote from energy-related research firm Clear View Energy Partners.

"What we say about state policy and trends is that it could become contagious."

Thanks to Slashdot reader jenningsthecat for sharing the article.

"Home schooling has become — by a wide margin — America's fastest-growing form of education," according to a new analysis by the Washington Post. (Alternate URL here): The analysis — based on data The Post collected for thousands of school districts across the country — reveals that a dramatic rise in home schooling at the onset of the pandemic has largely sustained itself through the 2022-23 academic year, defying predictions that most families would return to schools that have dispensed with mask mandates and other covid-19 restrictions...

In states with comparable enrollment figures, the number of home-schooled students increased 51% over the past six school years, far outpacing the 7% growth in private school enrollment. Public school enrollment dropped 4% in those states over the same period, a decline partly attributable to home schooling...

In 390 districts included in The Post's analysis, there was at least one home-schooled child for every 10 in public schools during the 2021-2022 academic year, the most recent for which district-level federal enrollment data are available. That's roughly quadruple the number of districts that had rates that high in 2017-2018, signifying a sea change in how many communities educate their children and an urgent challenge for a public education system that faced dwindling enrollment even before the pandemic... The National Center for Education Statistics reported that in 2019 — before home schooling's dramatic expansion — there were 1.5 million kids being home-schooled in the United States, the last official federal estimate. Based on that figure and the growth since then in states that track home schooling, The Post estimates that there are now between 1.9 million and 2.7 million home-schooled children in the United States, depending on the rate of increase in areas without reliable data...

It is a remarkable expansion for a form of instruction that 40 years ago was still considered illegal in much of the country.
Other interesting facts from their analysis:

• "Home schooling's surging popularity crosses every measurable line of politics, geography and demographics."

• "Despite claims that the home-schooling boom is a result of failing public schools, The Post found no correlation between school district quality, as measured by standardized test scores, and home-schooling growth. In fact, high-scoring districts had some of the biggest spikes in home schooling early in the pandemic, though by the fall of 2022 increases were similar regardless of school performance."

• "Many of America's new home-schooled children have entered a world where no government official will ever check on what, or how well, they are being taught."

Tuesday Orsted cancelled two wind farms near New Jersey that would've generated about 2.2 gigawatts of energy. But the same day America's Interior Department approved plans to install up to 176 wind turbines off the coast of Virginia with an estimated capacity of about 2.6 gigawatts of clean energy.

Located approximately 27 miles from the shores of Virginia Beach, the project will be America's largest offshore wind project, capable of powering over 900,000 homes. In just its first 10 years it should save customers $3 billion in fuel costs, Dominion Energy told the Associated Press: Dominion expects construction to be completed by late 2026... Construction of the project in Virginia is expected to support about 900 jobs each year and then an estimated 1,100 annual jobs during operations, the Interior Department said. The initiative has gained wide support from Virginia policymakers and political leaders, including Republican Gov. Glenn Youngkin, who last week attended a reception marking the arrival of eight monopile foundations for the windfarm.
Two pilot turbines have already been in place since 2020, the article points out. And when finished the new wind farm "would bolster and eventually replace the mostly natural gas-powered electricity that is contributing to costly climate change," reports MarketWatch President Biden, early in his first term, announced a goal of installing 30 gigawatts of offshore wind power by 2030, enough to power 10 million homes and prevent the spewing of 78 million metric tons of carbon-dioxide emissions... U.S. offshore wind has been helped along by nearly $8 billion in investments since Biden signed his signature, climate-heavy Inflation Reduction Act a little over a year ago... Biden's team has projected that the U.S. could install 110 gigawatts of offshore wind power by 2050, a major jump considering there is less than 1 gigawatt installed today. Land-based wind farms across the U.S. already produce more than 140 gigawatts of energy, contributing to about 10% of the nation's energy portfolio...

When measured by announced plans and pledges, the country has been barreling toward its offshore goal. To date, the Department of the Interior has approved four New England-based projects that, together with the new Coastal Virginia Offshore Wind project, promise to deliver 5 gigawatts of electricity, enough to power 1.75 million homes with average power use. A total of more than 51 gigawatts of wind power capacity is in the works off U.S. shores and the most ambitious 10 coastal states have combined offshore wind goals of generating more than 81 gigawatts.

schwit1 shares a report from Fortune: After launching Amazon from a garage in Seattle in 1994, centibilllionaire Jeff Bezos is leaving the Pacific Northwest behind and setting sail for Florida. In an Instagram post, the world's third wealthiest person -- with a net worth estimated at $160 billion -- said he wanted to be closer to my parents after they recently moved back to Miami. "My parents have always been my biggest supporters," he posted to his Instagram account, adding that his spacefaring company Blue Origin is increasingly shifting operations to Cape Canaveral.

Florida also offers a financial benefit to the Amazon founder -- it doesn't charge capital gains tax which, for a man who's sold some $30 billion in stock since 2002, according to Bloomberg, can be quite substantial. [...] But Miami is not the only place where Bezos lives. In addition to his collection of luxury cars and private Gulfstream jets, Bezos owns multiple properties valued recently at a half-billion dollars. Bezos recently bought a large home in Florida, notes schwit1.