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Maine businesses can go toe-to-toe with the very best out -of-state companies, provided they are competing on an equal playing field. Amazon's decision to collect and remit sales tax to the state of Maine is an important first step in leveling the playing field.
It was a criminal, multinational organisation that had created this network that other criminals rented to commit all sorts of crimes. They offered the whole range – for instance having your ransomware developed, having your ransomware delivered, and then using the same company to use money-muling networks to extract your money. It was like a one-stop shop. That's what the development is we see. The systems are becoming more user-friendly.
For us it's the industrialisation of cybercrime, they are run like a business now. It's basically all the tools and services you need to commit cybercrime are available online and this lowers the entry barrier to commit crime online. You have some marketplaces, similar to Amazon, a crowd-sourcing functionality where people can rate sellers. If you look at drugs that might give you a fairly good idea of the quality of the product and the success rate of the delivery. I wouldn't not say it is as easy as buying a book. But I would agree it's becoming more user-friendly and easier to access.
I used to describe cybercrime gangs as entrepreneurial businesses but that has changed – they are now highly complex organisations with sophisticated outreach and product development programmes. They have matured whilst retaining the ability and flexibility that so often disappears with growth.
We are facing cyber criminals who getting more and more aware of how they can be tracked, and how law enforcement can catch them. All the revelations from Edward Snowden for example raised the global paranoïa level for a lot of these cyber criminals. They have never used so much encryption, be it for e-mail or for instant messaging. At the same time, the marketplaces become more stealthy and easier to use once you're in. It only takes a few clicks inside a marketplace to buy an illegal good or service, just like you would shop on Amazon for example.
This is good for everybody, not just Amazon.
It's time to rally the troops.
[Macy's] is closing 100 stores, e-commerce is increasing, and we could see more store closures. This is their plan for now … and I think they're off to a good start.
The longer a competitive advantage lasts, the higher the justified multiple. The competitive advantage period is a function of the nature of the competitive advantage; industry characteristics; and management's agility to create and capture strategic options for new growth initiatives.
Grateful Dead fans across the country share a special connection with each other and with their favorite band. Gathering these dedicated fans together to experience exciting content from their favorite artists is at the core of what we do, and this event is a great example of that.
There's a look to suit every taste and budget.
Amazon acquires business that they see as tangential to the core e-commerce marketplace, and in this case, I assume what they gain with Souq.com is a strong local brand, an early leadership position in the Mid-East e-commerce market, and a team with plenty of local expertise. Jeff Bezos and Amazon are clearly interested in tapping into growth in emerging markets they recently launched in Mexico, they are investing billions in India, and it probably makes sense in other markets to make an acquisition.
Amazon acquires business that they see as tangential to the core e-commerce marketplace, and in this case, I assume what they gain with Souq.com is a strong local brand, an early leadership position in the Mid-East e-commerce market, and a team with plenty of local expertise. Jeff Bezos and Amazon are clearly interested in tapping into growth in emerging markets – they recently launched in Mexico, they are investing billions in India, and it probably makes sense in other markets to make an acquisition.
Looking at the quarter in isolation, its not great, but looking forward, which is what the market is going to focus on, it actually looks fairly bright.
The data doesn't support it. I don't think its the kind of thing where you ever feel like there's a clear ending.
The average middle-aged Tsimane has arteries that are about 28 years younger than those of Westerners.
It's not going to happen in 12 months, but win means win.
There's definitely been a nice surge in the categories that we've been acquiring and so we will continue to do it.
The data doesn't support it. I don't think it's the kind of thing where you ever feel like there's a clear ending. It's a journey.
If I get one amnesty, who knows? In another few years from now I might get another. The last government headed by Dilma Rousseff didn't issue hardly any conservation areas of demarcated indigenous territory. These are good instruments for fighting deforestation. Regeneration is a slow process, we need zero deforestation now.
People don't call me crazy any more.
If you ask me who my family are, I would say all this right here, each one of these that I planted from a seed.
The area was totally stripped. The water supplies had nearly dried up.
The government were giving the land away for cheap, but the land didn't serve for anything. People cut down the trees but after 3 to 4 years, the soil turned into sand and nothing grows.
If everyone followed Vicente's example, our task would be a lot easier. The scale of restoration that we are dealing with here is unprecedented in the history of Brazil. Without forests, water, food and a pleasant climate are basically not possible.
Why do I feel so much like Sigourney Weaver? I just got to pilot an awesome (and huge) robot thanks to Hankook Mirae Technology. Nice! #MARS2017.
The houses in the village swarmed with vermin; bats in the thatch; fire ants (formiga de fogo) under the floors; cockroaches and spiders on the walls.
This place is peaceful and magical, unlike where we came from.
We feel at home in Alter. I think we're here to stay.
The day I arrived here I felt some very special energy, and I wasn't able to leave.
Conventional thinking is that inflammation increases the risk of heart disease. However, the inflammation common to the Tsimane was not associated with increased risk of heart disease, and may instead be the result of high rates of infections.
The loss of subsistence diets and lifestyles could be classed as a new risk factor for vascular ageing and we believe that components of this way of life could benefit contemporary sedentary populations.
It may not be possible for people in the industrialised world to copy the Tsimane community's way of life, but there are certainly aspects of their diet and lifestyle, such as not smoking and eating a diet low in fat, that we can better incorporate into our lives to help reduce our risk of heart disease.
We already know that certain aspects of lifestyle increase your risk of heart disease, and we've been providing advice on these for many years now. This study simply adds to the wealth of research already done on this topic. There are some lessons we can learn from this study though.
Our study shows that the Tsimane indigenous South Americans have the lowest prevalence of coronary atherosclerosis (hardening and narrowing of the arteries) of any population yet studied. Their lifestyle suggests that a diet low in saturated fats and high in non-processed fibre-rich carbohydrates, along with wild game and fish, not smoking and being active throughout the day could help prevent hardening in the arteries of the heart.
For music's sake, which is all of our sakes, we must reinvest in the songwriter. If we do it, I'd love to run it. I took it as a Godsend, as a miracle.
I can't imagine Hotel California without 'Pretty Maids All in a Row.
Yes, we have assholes, but hey, you and me, brother, let's not be one of those assholes.
About four years ago when we began in earnest talking to financial institutions... security was the No. 1 topic. Today we don't spend as much time talking about security.
There's a tendency to blame your genes for heart problems and what this study shows us is that you can't blame your parents, just your lifestyle.
The Patriot won. That quadcopter that cost 200 bucks from Amazon.com did not stand a chance against the Patriot.
It may not be possible for people in the industrialised world to copy the Tsimane community's way of life, but there are certainly aspects of their diet and lifestyle – such as not smoking and eating a diet low in fat – that we can better incorporate into our lives to help reduce our risk of heart disease.
We've had a lot of success with those efforts.
You can't just say if you use Amazon you get the magic cloud sauce and everything will work perfectly. And similarly that if you use your own data center that somehow magically everything will work perfectly. These are just tools.
About four years ago when we began in earnest talking to financial institutions...security was the No. 1 topic. Today we don't spend as much time talking about security.
The capability and flexibility to recover quickly is much greater, and it is far more cost-efficient than operating your own geographically dispersed data centers.
There's not a thing that probably the three of us aren't buying from Amazon. And then Amazon's AWS business just keeps getting better.
We had a very close ally of ours that was dealing with an adversary that was using a small Quadcopter [Unmanned Aircraft System] and they shot it down with a Patriot missile. Now that worked, they got it! We love Patriot missiles, they are great! The problem is, on the kinetic-exchange ratio, the Patriot won. That Quadcopter that cost $200 (£160) from Amazon did not stand a chance against a Patriot. On the economic exchange-ratio, I'm not sure that's [so] good.
It certainly exposes in very stark terms the challenge which militaries face in attempting to deal with the adaptation of cheap and readily available civilian technology with extremely expensive, high-end hardware designed for state-on-state warfare.
[N]ow our biggest customers can run their largest and most demanding Oracle database workloads in the Oracle Cloud – something that is absolutely impossible to do in the Amazon Cloud.
Our new, large, fast growing, high-margin cloud businesses are driving Oracle's total revenue and earnings up.
We will host with whatever cloud service gives us the maximum value.
Many brands are evolving (into) publishers including financial institutions, and all of them need modern story-telling tools.
They go from coffee table book to coaster pretty quickly.
There is a great giggle tradition of nothing being great satire. There is always someone who realizes that all they need to do is put a cover on it and it will sell.
I'm working on my multivolume, Caro-esque history of Hillary Clinton's presidency. In fact, I finished it just now while we've been on the phone.
Very, very, yugely poor translation from original Russian. And that's Putin it mildly. Maybe kindle version be better?
President Trump has shown us that having a good sense of humor is tremendously effective in politics and has been sorely lacking. There's an appetite for that humor, but I also think the thesis of the book is correct. I think the left has destroyed itself and its electoral viability by refusing to stand for anything.
Reasons to Vote for Democrats: A Comprehensive Guide. Comedy Central doesn't allow conservatives within 200 yards of their shows, but my gag book is trouncing Trevor Noah's book. I've found that the humor that's been coming out of the right in the last few years has been tremendously more effective and had a wider reach than the mainstream liberal outlets.
There's no doubt that this could prove to be a terrific source of captive clientele for Amazon Web Services and an interesting new market for them. If it succeeds, as I suspect it will, it will be a game-changer for The Washington Post.
Through collaboration with – or coercion of – companies, governments are also increasingly watching our every move online, and passing extreme laws that trample on our rights to privacy. In repressive regimes, it's easy to see the harm that can be caused – bloggers can be arrested or killed, and political opponents can be monitored. But even in countries where we believe governments have citizens' best interests at heart, watching everyone, all the time is simply going too far.
Targeted advertising allows a campaign to say completely different, possibly conflicting things to different groups. Is that democratic?
EBay always knew that we had massive scale, but [advertising] wasn't our core focus. But it's actually not an adjacent business; it's a tool kit for brands and requires investing into it.
Our customers are quite afraid of the likes of Amazon. Having a Trojan horse in a customer's home, like Echo, that they must integrate with to stay competitive is a nightmare for them.
People aren't going to want a different interface for all the different appliances in their home.
The common denominator is the smartphone, and even more common is the messaging app.
Think of it as a universal translator between the languages that machines speak ... and us humans.
What's really great about this book, you can go cover-to-cover in about 15, 20 seconds.
It took a very long time to research this book. I've been observing the Democratic Party for at least 10 years now and when I observed their record and reasons to vote for them – on reasons of economics or foreign policy or homeland security or civil rights and so on – I realised it was probably best to just leave all the pages blank.
Bohemian-chic design is an eclectic blend of casual, comfortable living with an edge. It's for people who aren't afraid to think outside the box.
We're adding new products and services to our forecourts to take advantage of the fact we have more face-to-face contact with consumers each day than almost any other brand in Spain.
Amazon is the worst possible corporate citizen to have in our midst. There's not a retailer in the world, practically, that likes Amazon. Amazon is a marauder. It's crossed America. It's sent lots of businesses broke. How are they going to be any good to Australia? They've been no good to America. Nothing's going to change.
I can't stop them … And there's a lot of people out there who say, we want want Amazon here because we'll buy things cheaper. But if Amazon had their way, they're going to put as many retailers out of business as possible, not contribute to the economy and so it's a short-term gain for some people (but) long-term pain for everyone.
Amazon's got a 23-year history of not paying taxes, evading taxes and sending people broke, Amazon is worth $500 billion and they've virtually made no profit or paid (any) taxes in 23 years. Now they'll stand up and say, yes we've paid a little bit here and there, but nothing in comparison to the joint that they are.
It is time for America to return to the Moon – this time to stay.
It is time for America to return to the Moon – this time to stay. A permanently inhabited lunar settlement is a difficult and worthy objective. I sense a lot of people are excited about this.
In answer to the question, my favorite question, What worries you when you get to bed at night and you wake up in the morning,' it's not a 3-month-old child. It's Amazon, which is a child still, but not 3 months.
Amazon's penetration, to most, there is frightening, if not terrifying, to some.
We have all been there: you call or email to complain – and you are met with a great silence. This is no accident, in the world of the Absent Corporation. I was in the rabbit warren of tunnels in King’s Cross station last week when a woman collapsed just ahead of me. The tunnels were soon clogged up with bad-tempered people, stepping around the few passengers who were looking after her and the American woman who had taken it upon herself to direct the human traffic.
Past civilizations have had a great role in changing, both consciously and unconsciously, the vegetation in the surroundings of their settlements and along paths that they used to travel.
We believe Amazon's multi-platform approach to the U.S. grocery market affords Amazon the flexibility to address different aspects of the market.
As our customers change and evolve, we are taking steps to meet them where they are and more importantly where they are going. We're making meaningful investments in digital. We feel great about these investments because customers tell us they are important to them. We have a couple of other home delivery tests as well.
People arrived in the Amazon at least 10,000 years ago, and they started to use the species that were there. And more than 8,000 years ago, they selected some individuals with specific phenotypes that are useful for humans. They really cultivated and planted these species in their home gardens, in the forests they were managing.
Recent archaeological studies, especially in the last two decades, show that indigenous populations in the past were more numerous, more complex, and had a greater impact on the largest and most biodiverse tropical forest in the world. It is is very sound, since it not only includes archaeologists (which have been stressing the larger role played by humans in shaping Amazonian forests), but also botanists and soil scientists, among other 'hard scientists.
This tells archaeologists where to do new projects.
Human societies increased the abundance and distribution of useful species. This can also be used to preserve the forest, I think. We can use this as an opportunity to reduce the impacts of deforestation. Now we have huge plantations of soybeans that are destroying the Amazon–while in the forest we have lots of plants that can be used while maintaining the forest as it is.
Perhaps, the very biodiversity we want to preserve is not only due to thousands of years of natural evolution but also the result of the human footprint. The more we learn, the more the evidence points to the latter.
As our fulfillment network continues to expand, we want to help generate more renewable energy at both existing and new facilities around the world in partnership with community and business leaders. We are putting our scale and inventive culture to work on sustainability–this is good for the environment, our business and our customers. By diversifying our energy portfolio, we can keep business costs low and pass along further savings to customers. It's a win-win.
It is little surprise Google has come out with all guns blazing at MWC. It must be reeling from the decision to include Amazon's Alexa on the Mate 9 when it was announced. Amazon has taken an early lead with Alexa and Google needs to exploit the enormous reach of Android smartphones to rapidly get the Google Assistant into the hands of consumers before they get wedded to the Alexa ecosystem.
I think in general, whether this is rolling out to lots of devices or not, we now have user feedback, it will help us improve the product. The engagement is more important to that than anything else. We get both positive and negative feedback and use that to make the product better. Hopefully, we will see the product get better faster.
I would encourage you to think about it as, from a user's standpoint, they are looking for information, looking to get things done. The voice queries are one part of the total journey they are on. So when we think about something like the Google Assistant we think about it as an ongoing conversation with our users across different contexts.
If Alexa doesn't understand the question, is it Alexa's fault or might it be the question's fault? People are not always going to get what they are saying, so it's important that they learn how to ask good questions.
How they react and treat this nonhuman entity is, to me, the biggest question. And how does that subsequently affect family dynamics and social interactions with other people?
We like to ask her a lot of really random things. She can also rap and rhyme.
She's definitely part of our lives.
These devices don't have emotional intelligence. They have factual intelligence.
There can be a lot of unintended consequences to interactions with these devices that mimic conversation. We don't know what all of them are yet.
What is a question? A linguistic expression used to make a request for information.
The biggest key thing that I think Evan and his colleagues have got to demonstrate is return on investment. The number of clients say to me because of disruption … we have to make sure that the return on our media investment is considerable.
Amazon's tentacles are spreading rapidly into all areas. I think it's a defining moment in that it could well be the third force. Snap … is definitely a potential third force. The reason that Google has been successful … is that the results are very clear. Facebook is a little bit more woolly. I have always referred to Facebook as a brand mechanism as a way of building brands, rather than necessarily being about effective sales generation in the short term.
It's a temporary black eye from a customer standpoint.
A lot more large companies could look at their application architecture and ask 'how could we have insulated ourselves a little bit more'. I don't think it fundamentally changes how incredibly reliable the S3 service has been.
A lot more large companies could look at their application architecture and ask 'how could we have insulated ourselves a little bit more,'.
I don't think it fundamentally changes how incredibly reliable the S3 service has been.
What's really surprising to me is that there's no fallback -- usually there is some sort of backup plan to move data over, and it will be made available within a few minutes.
We do know it's bad. We just don't know how bad.
[Amazon's affiliate program] has been a really good thing for a long time for lots of people. I don't think it's really hit yet what this means.
There's definitely some pain as a result of it, but we haven't had a single client who stopped doing business because of the new payout structure. Amazon has done such a great job taking all their profit and dumping it back in to their business. And investors are now asking Amazon to show a profit. I'm not surprised that they're whittling a few percent here and there.
We're leaning into a behavior and habit that began with Walmart Pay, and it was all centered around how to improve the overall experience at checkout. This is just going to add on to that overall experience. Our customers continue to tell us that the need to save time has become just as important as the need to save money.
It will make them a must-subscribe destination for film fans.
The stock would have been up today if it weren't for these comments. Musk is prepping you for a secondary though, and it sounds like the street will be very ready after that last home run off an offering. In true Elon Musk style, he didn't exactly put to bed the notion of merging Tesla and SpaceX. Given Musk's legion of fans, they would probably cheer if he combined cars and rockets, too.
That's harder to replicate online.
It's a totally different demographic. Young and hip are not the Walmart shoppers. Amazon is.
So they're trying to recapture them and keep them in their ecosystem.
We saw improvement in merchandise margin, and our team continued to manage inventory and expenses extremely well.
Retailers now need to balance the effectiveness and profitability of the fulfillment channels they offer with customer satisfaction. If shoppers experience a problem with home delivery or in-store pickups, that is a lost sale – and customer – that retailers can't afford in a highly competitive market.
We've got the right building blocks in place. We're moving as fast as we possibly can.
We're energized by this recognition and will keep working and inventing on your behalf. These accolades are a direct result of the whole team's obsession over customers, pioneering spirit, commitment to operational excellence and willingness to lean into bold bets.
We believe Wal-Mart is continuing to generate critical and increasing traction online.
We're moving with speed to become more of a digital enterprise and better serve our customers.
We are hiring for all types of roles from flight test engineers, software engineers and corporate managers in our development centers and head office, to operations managers, supervisors, engineers, service technicians, HR roles and order fulfilment roles in our fulfilment centers.
The few communications I've had with the administration have [said], Okay, how do you deal with all these displaced workers?' Because we're talking millions ... over the next two, three years that are going to lose their jobs because they've been replaced.
I think Amazon is the greatest start-up and the greatest company in the world. The way they are using new technologies is not just disrupting retail, it's getting ready to disrupt everything. I can see them competing with Uber. They are a smart, smart, smart company. All these derivatives of artificial intelligence are going to have substantial impacts on [Amazon's] profitability.
Free shipping has been around, again, since 1996. I used to run an e-commerce team and … there's no such thing as free shipping. It takes money to hire and build these great buildings, (to) make sure that technology and infrastructure is in place. So the question for us is, can we do this every day, worldwide? … Certainly, the notion of free and who's consuming the cost associated with 'free' is going to be an ongoing battle.
As a UPS-er, we have a phrase called 'constructively dissatisfied.' We're never satisfied, ever.
(Amazon is) investing in areas where there are shortages of capability in markets and if we don't have the capability … or if a competitors of ours doesn't have it, they're going to put it in to serve their customers. I've had the benefit of being around Amazon since 1996 so I've seen them evolve – nothing short of impressive. They're investing in areas where there are shortages of capability in markets … They have to do what they have to do.
Believe me, if I become president, oh do they have problems. They're going to have such problems.
The thing with companies that do so many things is that they can lose focus. What Jeff has done to mitigate that risk is to start elevating people and calling them CEOs and giving them the wide berth so that they are functional company builders.
They embrace the structural atomic level of value creation that the Trump presidency deeply agrees with. President Trump characterizes this as U.S. exceptionalism and Bezos characterizes it as investing in a great business. The language may be different, but the actual result is the same.
Every move we make, it's our intent that the whole industry move.
You now have new data sources where you can actually build new business models on the back of that new data that you have in the field. So, the actual device itself is now intelligent.
We simply want to integrate into that infrastructure and create a payment mechanism that ties into it.
I would be a buyer, not a seller, of Autozone and Advance Auto Parts because of this flurry of Amazon auto parts news stories. I feel the same way about food chains. If Amazon's stock goes up on each of these stories, I would wait a few days for it to come down. Enough is enough. Amazon is not a false idol. It is not a golden calf.
We sold more cloud recurring revenue than anyone in the industry, bar none.
Amazon's infrastructure, to be very blunt, is old. Ours is newer and fresher. Those databases are the most proprietary in the world. I'm totally locked into this space.
Luxury brands were late to the digital game. The reasons for that is the purest view of luxury has always been about exclusivity.
The customer has evolved. Now they equate digital with the words 'value' and 'efficiency.' It doesn't have the same connotation. We have to stop treating every consumer like they have the same needs and wants. They've become so much more than a retailer. If I have Echo and I always buy Chanel perfume, is it really such a bad thing for me to say to Amazon Echo, Hey, order me more Chanel perfume?' That's not a low-class experience. It's a high-class experience.
You could argue that all of these companies were overvalued on past earnings and they turned out to be even more overvalued on future earnings. The question to ask isn't how did this current group of behemoths get so expensive. It's how did they get so cheap.
This executive order is one we do not support. Our public policy team in D.C. has reached out to senior administration officials to make our opposition clear. … To our employees in the U.S. and around the world who may be directly affected by this order, I want you to know that the full extent of Amazon's resources are behind you.
As we have introduced new experiences with merchants, we have seen a significant increase in the number of customers using the information from their Amazon account to make purchases on merchant websites. Amazon Payments brings the simplicity and familiarity of Amazon's buying experience to our merchant customers, making it easy for millions of Amazon customers around the world to pay using the information already stored in their Amazon account.
I see a relatively clear line of sight to (profit) and we've been making great progress in that direction also. We needed capital to build the infrastructure which we have, now we have to take control of our destiny.
Until we have more confidence in the profitability outlook, I don't think you can make that call [to buy]. You've seen so much discipline and so much thoughtfulness in the pace of execution, the types of products that they're rolling out. I don't think you can discount Alexa with the Echo and building a platform around that. I love Amazon, love Prime, avid user. But I can't recommend it at this price right now.
The growth has accelerated and remains very healthy. We expected the North America ... retail component [to be] roughly 28 percent growth. It came in 25 percent growth. International was 24 [percent]. Still a very, very healthy number, but a few points lighter than, really, what had been the trend.
Amazon's initial investment in countries such as India is already bearing fruit, and the launch of Amazon Prime in China could be a meaningful tailwind going forward if Amazon can scale their efforts in the region through accretive investment.
Cloud computing really has been fueling its earnings growth. It really helps ensure profitability every quarter now.
That's a big position and has been for a long time. If you think about Amazon and compare it to Facebook and Google – both of which are great companies – those companies are addressing global ad markets about 500 to 600 billion. U.S. Retail alone is 5 trillion, AWS is trillions.
Right now, it's hard to see those returns.
Their addressable market in AWS alone is in the trillions of dollars. U.S. retail alone is $5 trillion. Amazon would rather ship through FedEx or the post office, but they don't have the capacity, especially in the fourth quarter, to handle that surge. Wal-Mart is a good competitor. They're not going away.
We like the setup on Facebook going into this print tonight. We like the stock here also, because this is one of the cheapest entry points you've had on Facebook shares since the IPO.
Wyoming businesses are at a disadvantage when internet businesses fail to collect tax. This is an important step in the right direction.
Everyone owes taxes on online purchases, be it from Amazon or a small retailer. The question we deal with is 'Who collects the tax?'.
Given AWS' rapid pace of innovation, strong customer base, and ongoing efficiency gains, we believe cloud computing dominance and increased profitability is set to continue.
Based on largely tepid holiday results elsewhere in retail, we think that AMZN captured an outsized amount of share. It will continue to take market share and also benefit as total share accorded to e-commerce continues to grow.
Many players in the wholesale-to-retail softlines paradigm [are] still drawing massive amounts of profitability from this antiquated vertical chain, and 2017 [is] shaping up to be another fundamentally challenging year (declining traffic, weak sell-through, shrinking inventories, falling reorders, weather unpredictability, etc.). We recommend reducing exposure to company's with significant profit exposure to traditional wholesale channels. … Concession/marketplace model [is] inevitable, AMZN will be catalyst for dominos to start falling.
We estimate a US$400 billion-plus market opportunity for Amazon in delivery, freight forwarding, and contract logistics.
They're going to become a full-fledged competitor to UPS.
I have complete confidence they're all in.
Average moves for these stocks has historically been substantially higher.
This executive order is one we do not support. We're a nation of immigrants whose diverse backgrounds, ideas and points of view have helped us build and invent as a nation for over 240 years. To our employees in the US and around the world who may be directly affected by this order, I want you to know that the full extent of Amazon's resources are behind you.
In today's world of e-commerce, two-day free shipping is table stakes. It no longer makes sense to charge for it. I've been here for four months and I couldn't be more excited about how fast we are moving. It feels like a startup.
"This executive order is one we do not support,". "Our public policy team in D.C. has reached out to senior administration officials to make our opposition clear.".
From the very beginning, Amazon has been committed to equal rights, tolerance and diversity–and we always will be. As we've grown the company, we've worked hard to attract talented people from all over the world, and we believe this is one of the things that makes Amazon great–a diverse workforce helps us build better products for customers.
This executive order is one we do not support. Our public policy team in D.C. has reached out to senior administration officials to make our opposition clear. We've also reached out to congressional leaders on both sides of the aisle to explore legislative options. We're a nation of immigrants whose diverse backgrounds, ideas, and points of view have helped us build and invent as a nation for over 240 years. No nation is better at harnessing the energies and talents of immigrants. It's a distinctive competitive advantage for our country – one we should not weaken.
Retailers have a natural survival instinct and a natural growth instinct.
We've had a nice up-trending slope in Facebook, and it looks like we've made a bit of a triple bottom recently.
Two-day, free shipping is table stakes. We've upped the ante. On a very fundamental level, we don't have to charge for membership. We can save customers both time and money.
The World Bank has pledged to help countries adopt a low-carbon development path, specifically by phasing out fossil fuel subsidies and promoting a carbon tax. However, the bank's policy lending does the opposite, by introducing tax breaks for coal power plants and coal export infrastructure.
We are committed to supporting all of our employees and anyone in their immediate family who may be impacted by this order, including assistance with legal counsel and support, and will continue to monitor any developments.
It's a really natural way for users to interact. We think it'll be one mode. Users will have many different ways by which they interact with computing. And for voice, as you pointed out, we expect voice to work across many different contexts so we are thinking about it across phones, homes, TVs, cars, and trying to drive that ecosystem that way. We want Google to be there for users when they need it.
So they may ask a question on voice, later when they pick up their phone they want continuity, so we think of this as an end-to-end thing. And all of this means users engage more with us, more with computing, and look for more information and I think the trends we see are positive. So we think about it from a long term perspective, so I see more opportunity than challenge when I think about voice search.
When the iPhone rolled out in 2007, everyone developed [software] for that. Right now, everyone is developing for the voice-activated Internet.
When I look at what it would take to do voice search well, our years of research into natural language voice processing comes into play. I think there's a lot of work ahead to make this work well for users. This is a core area we've invested in for the long term, so this is an area I feel comfortable about how it will play out in the future.
The number of HomeKit-compatible accessories continues to grow rapidly with many exciting solutions announced just this month.
The danger I see for Apple and the home is they're assuming that because I have a smartphone that may be an Apple device, that alone is enough of a Trojan horse to establish their mindshare. I wouldn't say that's certain yet.
It also makes for a better user experience.
They found issues with our product before we released it that we didn't find in our testing. We know that after we have the certification that it's rock solid.
Amazon is getting away with murder, tax-wise.
For online advertising companies, we think the ones with strong mobile businesses ... look best positioned in 4Q [fourth quarter].
Longer-term, this push into autos ... also sets the table for Amazon to potentially grow into the materially larger new and used car buying market too.
We acquired films ahead of Sundance so that we could really showcase them at the festival.
An Oscar would be really great for the filmmakers. We've campaigned four times and it'd be really great to see it through to the finish line.
I don't think that's a bad thing for the filmmakers.
We showed this film to a number of people and everyone was excited, but the guys from Amazon really understood the film on a level I hadn't really experienced.
Amazon is very much a pro at integrating the theatrical release, Netflix is very much doing things for their large, international subscriber base, and now Hulu is working more like a paid television network.
That's lunacy. I am waiting for Netflix to get to 200 million viewers … If they can get to 200 million, then the stock is a bargain even up here at $138.
Both Netflix and Tesla, like Amazon, require you to think outside the box of traditional fundamental analysis in order to accurately value their stocks.
The ruralistas (politicians linked to agriculture interests) are the clear winners of this move.
We feared the government would take this brazen step to deeply undermine indigenous land rights.
I think the quality level to get it to the consumer and bring it back is tremendously difficult. It's undervalued because logistics are not visible and I think what we do every night with millions of parcels is completely underestimated. You can call an Uber car, if it doesn't show up you can call another one. If a parcel got stuck, what should the parcel do? It doesn't speak, it doesn't communicate. So some human intervention is necessary.
You never know. I think you should prepare for the uncertainty … complexity, uncertainty is good for companies who are willing to deal with that, that creates business opportunities.
It's a bit of a struggle in here. I think it's a hugely valuable platform but there's very little in the near term that you can see that would be a catalyst to it.
The addressable market for what they're doing is just gigantic.
That's actually a bullish sign because it indicates they now believe they can actually address another market very successfully.
I cannot imagine I can manage 1 million people.
In America there is freedom of speech, so of course he can say whatever he wants. We did not debate on China-U.S. trade, or manipulation. We did not debate. Actually we agreed on something – small business.
The world can never have one model. If the world has only one correct model, the world is too boring. The people who use the model should believe in the model. I believe in what I do.
The difference between Amazon and us, is Amazon is more like an empire – everything they control themselves, buy and sell.
We have now right-sized the business. Now we've got to grow the top line. And as we grow the top line, we'll need more employees to help continue to drive the business, and then we'll be able to grow our employment ranks from there. But it starts by making sure you're not out over your skis and have a competitive cost structure.
Innovation is as important in our business as it is in anybody's business. Let's face it. We have 50-plus iconic legacy brands, and brands evolve over time. And if they're not contemporized and kept relevant, they can become stale. And stale brands equate with weak sales, and weak sales means we don't do our part in adding jobs and driving the economy.
The key is a lot of companies in our space got out over their skis in terms of being too bloated on cost structure.
[Our issues are] getting our cost structure in order and then grow. As you pointed out a few minutes ago, there's a lot of 'maybe this, maybe that' going on [with policies]. We can't spend our energy getting distracted by speculation. We've got to stay focused on executing our agenda, and that is really about growth and innovation.
[F]or smaller companies, barriers to entry are gone. You don't have to spend an amazing amount of money to open up a store now, to create a brand. You can enter that world by buying a domain.
It's no question that that is going to impact mall operators or downtowns. But in some cases, that may not be the worst thing. There are definitely areas in our city, for example, where the rents have gone up to such an extent that it's pushed out many, many great stores. It's a transition period. There will be opportunities that come out of this.
I think [traditional retail] is in crisis in many ways. Look, there's this huge bubble of new consumers coming up, millennials, 75 million of them, who grew up with technology, who expect products and services to come to them. Amazon has had a huge impact on all of these retailers. Even when people do go into stores, they go back home to see whether they could buy it less expensively and get it shipped to them for free on Amazon.
A department store used to be very innovative in the sense that it brought together many, many brands. You could go to one store and see it all. Well you can do the same thing now online, right?
I think it's going to serve as a way to mend fences between Bezos...and Trump. That said, from a real employment standpoint – if you look at Amazon's historical track record – they've grown their full-time employees anywhere between 35 [percent] to 45 percent. If you spread this out over 18 months, it gets you to around 36 percent.
[Trump] may not get credit, but I'm sure he'll take it. This is definitely going to help Amazon and Jeff Bezos going forward with the Trump administration.
It is a seismic shift in stock picking, and Amazon is the most extreme example. Say what you want about Trump's style or grace, if you think having business people surround the president will help us produce more jobs, as I do, than we are going to see a lot more growth.
Based on what we know of the new [fulfillment center] roadmap and our view on higher automation... we think it that it likely does not support more than 50,000-60,000 incremental jobs. We believe that this could be explained by an accelerated rollout of physical stores. In particular, we think that a potential grocery pickup concept looks particularly promising.
The president-elect met with heads of several of the tech companies and urged them to keep their jobs and production inside the United States.
The announcement was made after the president-elect met with heads of several other tech companies and urge them to keep their jobs and production inside the United States. The president-elect was pleased to have played a role in that decision by Amazon.
Amazon should use its profits to pay taxes, not pay for an advertising campaign designed to give them the cloak of respectability they do not deserve.
Every penny that can be raised through these methods is one less penny out of taxpayers' pockets and the money can be used for important investment and upgrade work.
These jobs are not just in our Seattle headquarters or in Silicon Valley - they're in our customer service network, fulfillment centers and other facilities in local communities throughout the country. Innovation is one of our guiding principles at Amazon, and it's created hundreds of thousands of American jobs.
You will all see that soon India will be the easiest and one of the best places to do business.
We view this announcement positively in terms of the current trajectory of Amazon's businesses, as well as management's confidence in the long-term outlook. The hiring is consistent with our view that Amazon will continue to invest aggressively in its retail, media, technology and logistics businesses.
We suspect there is little, if any, shift of employment at Amazon from international locations to the U.S.. Moreover, we expect the pace of hiring internationally to accelerate as well.
The move from bricks to clicks is causing major disruption in the retail industry.
If this is not done forthwith, we will not grant Indian Visa to any Amazon official. We will also rescind the Visas issued earlier. Indian High Commission in Canada: This is unacceptable. Please take this up with Amazon at the highest level.
Amazon must tender unconditional apology. They must withdraw all products insulting our national flag immediately… If this is not done forthwith, we will not grant Indian visa to any Amazon official. We will also rescind the visas issued earlier. Indian High Commission in Canada: This is unacceptable. Please take this up with Amazon at the highest level.
I have responded to the tweets addressed to Indian Embassy/authority and endorsed to me. Pl follow this practice for expeditious help. Amazon must tender an unconditional apology. They must withdraw all products insulting our national flag immediately. If this is not done forthwith, we will not grant Indian Visa to any Amazon official. We will also rescind the Visas issued earlier.
We are adding even more value to Prime by offering rewards on Amazon and everywhere else you shop. Prime members will enjoy 5% Back on Amazon.com, 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase – plus best in class benefits including no foreign transaction fees, travel protection and 24/7 concierge service.
While we have almost 20 percent of our orders coming through the digital channels, we still rely heavily on the phones. Like many restaurant brands, it is difficult to provide an excellent customer experience during peak times on the phone. As a result, we have been pursuing technology that enables ordering via voice commands.
We want every customer to be able to order Wingstop from the channel that is the most comfortable to them – walk-in, phone-in, mobile app, mobile web, Spanish websites, Facebook Messenger, Twitter and now from their Echo.
When you think about the traditional toy store, you think about the traditional toy. But our members are always looking for a quality product…they're looking at, not so much how the technology interacts with the toy, but how does the child interact with the toy?
A certain product will get hot in our own Amazon store. We know that it will be just a few months before it catches on in Utah is well.
Where is the right place to sell them? I'm not yet sure that consumers know. Searching on Amazon for 'toys' brings up a million things. We're trying to find out where to meet the consumers.
A huge part of an assistant is search. Google is a search company. Amazon is not.
To the extent that voice becomes more important and something other than Google's voice assistant becomes the most popular voice interface on Android phones, that's a huge loss for Google in terms of data gathering, training its AI (artificial intelligence), and ultimately the ability to drive advertising revenue.
It highlights just what a strategic mistake it can be for services companies to make their own hardware and give it preferential access to new services.
People will come into our shop and confess if they've been shopping with someone else because they feel guilty. We used technology to create human connections.
All those companies know voice is an important part of the future, but Amazon has spotted the opportunity, has executed well and has built an ecosystem strategy where they are building relationships so they can be bigger than Amazon could be alone. Amazon is saying we haven't got mobile, we failed there, we haven't got the PC space, we aren't in the web like Google, so we have to do something a bit different.
The latest generation of IoT appears to require (AI-driven) voice-led OS . Whereas Apple's Siri seems more a function within iOS and OS X perhaps Amazon's Alexa offers the best opportunity to provide an IoT operating system.
If people have an Alexa-powered device in the home, buying things from Amazon is going to be one voice command away, which reduces friction and integrates Amazon even more into people's daily lives.
It is worth noting that in all this, Apple's Siri is in two orders of magnitude more devices than Alexa, so we shouldn't get too carried away in terms of the scale and reach. Many of the devices being launched at CES won't sell in large numbers either.
The vast majority of articles, videos, and other 'content' we all consume on a daily basis is paid for – directly or indirectly – by corporations who are funding it in order to advance their goals. And it is measured, amplified and rewarded based on its ability to do that. Period. As a result, we get … well, what we get. And it's getting worse. That's a big part of why we are making this change today.
Everyone is too cheap to shop at the mall. It's just too inconvenient unless you are uber-wealthy and need to see the ultra-luxury wares in person before buying them.
Macy's is the third-largest online seller in its categories after Amazon and Wal-Mart, but that doesn't pay the rent.
[Manufacturer Center] really tells a better story. Fundamentally, I think a lot of this has to do with our desire to not only improve the shopping experience by also deliver a more structured, search-like experience.
Customers now have a hands-free, hassle-free way to re-order any meal from Amazon Restaurants using their voice to get dinner on the table. We are excited to leverage the innovative Alexa technology and give Prime members another easy way for Amazon Restaurants to take care of dinnertime with no menu markups and free delivery in one hour or less.
Consumers are shopping in different ways and in different channels. It's happening so rapidly that they are losing share on the whole. That's likely going to continue – they've been market share losers for 15, 20 years. There's a hastening of the pace now because of the growth in e-commerce.
The consumer is looking for more interesting, more compelling assortments. They're not so interested in just shopping based on price, to the extent they're looking for an in-store experience. There's not as much of an emphasis on the strength of the product, the quality of the service. The overall trend of department stores losing market share… is going to continue.
Customers shopped smart, which contributed to margin pressure.
For both retailers, the consistent themes of the shortfalls are weak traffic between Black Friday and Christmas.
[Amazon] may well have walked away with almost all the growth in e-commerce again, as well as taking share from brick and mortar stores. Traditional retail definitely continues to struggle in the face of stronger e-commerce sales.
It's becoming increasingly clear that Amazon has built all kinds of very strong differentiators across logistics, brand, selection, and more that are making it very tough for others to compete on level footing.
2017 is clearly becoming the year [once again] that Amazon's competitors have no choice but to think differently in order to counter Amazon's dominance in the e-commerce channel.
Amazon is the most mature, but we expect to offer other options in the future.
When we go out and buy stuff, eat stuff, drink stuff, we think we know what's in there, but we have no clue.
I hope these experiences give you a taste of where it's going.
We're excited to work with Ford to enhance the driver experience both inside and outside of the vehicle. We believe voice is the future, and this is particularly true in cars. The ability to use your voice to control your smart home, access entertainment, manage to-do lists and more makes for an extraordinary driving experience. We can't wait for Ford customers to try this out.
This will take a while for consumers to change their patterns but this ... we think it's the Trojan horse for Amazon, frankly, into the refrigerator.
That's kind of the long-term win here for Amazon. It's a customer acquisition tool but really it's a customer retention tool and a chance for people to more easily remove the friction, purchase more from Amazon.
We are shifting our resources and attention to defining a new model for writers and creators to be rewarded, based on the value they're creating for people. It is too soon to say exactly what this will look like.
We want to mete out to counterfeiters the punishment they deserve in order to protect brand owners. We will bring the full force of the law to bear on these counterfeiters so as to deter others from engaging in this crime wherever they are.
We have had information from indigenous inhabitants who saw the helicopter fly over. But so far, by air it's been practically impossible to reach the area where we presume there was a forced landing ... We keep faith that they are OK.
Amazon has shown a greater willingness to essentially take to market a lot of the advances we've seen within cloud. I think if we look at something like natural language understanding, Google is probably furthest ahead of anyone in that area, but if we look at what Google has offered through Google cloud in that area, it really doesn't stack up to Amazon.
Whether you're looking at it from the standpoint of sort of near-term practical business implications, or you're thinking longer term, in terms of addressable markets and disruption, I think everyone needs to focus on this area.
Believe me, if I become president, oh do they have problems.
I know examples where a random Amazon engineer mentions 'Hey I read about an idea in a blog post, we should do that'. The next thing he knows, the engineer is being asked to pitch it to the executive committee. Jeff Bezos decides on the spot.
There's no effective process for verifying that the party sending in the infringement form is accurate or legitimate.
How could sellers be so badly misdirected to the wrong agent? From an operational perspective, this is a massive failure.
They're caught in the middle. They want to make sure rights owners are happy, but they also don't want to alienate every seller.
They haven't really shown much in the way of some of the new countries like Japan and India, these are very big markets and our concern if you can't get these right, it could limit the total addressable market.
I think the competitive environment is getting very stiff, Amazon is investing heavily in original content … Netlfix has been lucky to have the string of hits but you have players with deep pockets and the potential to outbid Netflix for some content. That is the concern we have on Netflix.
We don't have good insight to what's happening there if you think about areas where they are investing … I think if they are able to show good leverage on their margin side then I think the stock will show good appreciation in 2017.
Alphabet is more tied to the ad cycles and there is nothing to suspect that Q4 will be strong, but early in the year, expectations are to set conservatively. Perhaps the reason why there is less attraction in January is simply because it is not effected by the western holiday season, but more focused around the Chinese new year in February.
Facebook's biggest quarter of the year tends to be Q4 and on a quarterly basis we are expecting over 20 percent revenue growth for the quarter. Facebook will be a solid performer in the period.
That's where we're going to get into issues of circumstantial evidence.
It is a search warrant for a new device, but the legal concept is old as Methuselah.
Echo and Echo Dot were the best-selling products across Amazon this year, and we're thrilled that millions of new customers will be introduced to Alexa as a result. Despite our best efforts and ramped-up production, we still had trouble keeping them in stock. From turning on Christmas lights and playing holiday music to shopping for gifts and asking for help with cookie recipes, Alexa continues to get smarter every day.
We're not looking at this as a sort of pivot back to becoming a print brand. I don't see print ever being nearly as big as our online presence. But I hope we will be able to find more cool things to do with the magazine. It's expensive, but we're sparing no expense in the making of it.
When the vinyl resurgence happened in 2008, that was very much in response to music being digitized. Our audience is consuming 70 percent of our content on a mobile device. But for this 18-to-34-year-old millennial generation, I think there is a bit of a nostalgia factor. There is a totally different experience bouncing around a print component. It forces you to focus in on what you are doing. I think that is really what you are seeing.
There is some aspect of it that is a throwback. So much of what we consume is online. There is something about having a physical product. … If you are going own something, it should feel and look beautiful and it should be something to savor.
This was an instance where the scale and [return on investment] came out of the digital front, but were able to make this really cool piece of value out of the print response.
Consumer's affinity for digital shopping felt like it hit a tipping point in Holiday 2014 and has rapidly accelerated this year. Shoppers are transacting on mobile devices at a rapidly increasing rate and e-commerce sales are growing at a phenomenal pace.
We're just seeing the beginning of this. We could see Toronto. We could see Denver. They're going to need a lot more planes.
Our own delivery efforts are needed to supplement that capacity rather than replace it.
At the end of the day, retailers that were already carrying Ivanka Trump are likely to continue to carry it as long as it's justified by sales, but it could be tougher to convince new retailers to add the line, given that most retailers won't see enough up-side to justify the potential controversy.
Because Amazon gets so many more reviews and carries so many more [product lines] it's a much bigger challenge for Amazon to manually curate them. There are over 400 million products on the Amazon site, and a popular Ivanka Trump item could easily have 300 reviews, so it takes time for Amazon to discover an obviously fake review. Many retailers require a human curator to approve every review before it goes live on the site; Amazon does not.
The optics of the President's daughter running a business that primarily manufacturers in Asia is likely to be an ongoing challenge. The other wildcard in all this is if Ivanka does in fact move to Washington and takes an active role in her father's administration. In that case, her company could shift from a celebrity brand being run by its founder, to a more arm's length licensing deal, and that probably makes the company far less valuable.
It's similar to why you rob a bank – it is where the money is. You troll Amazon because that is where the people are. Amazon ranks number 4 on Alexa's measure of Web traffic. Macy's is 57 and Nordstrom is 124.
Retailers are taking an aggressive stand to crack down on fake reviewers; Amazon has sued more than 1000, for example. In many cases, ratings and review are now more important than brand reputation to a product's success. So anything that affects the integrity of reviews is of great concern to marketers.
In some ways, these smear campaign reviews are the natural extension of 'funny fake reviews,' which have been occurring for a number of years. Amazon even embraced these joke reviews by curating a list of their favorites. So now that the 'funny' reviews have taken a negative turn, retailers need to crack down on them in order to preserve the credibility and trust in the whole review system.
We've seen these 'activist reviews' for several years but they appear to be getting more common.
The combination of holidays, philanthropy and a tie-in to Rogue One resulted in a well-liked, visually appealing ad that played into emotion and grabbed viewers' attention.
Constant checks, heavy workloads and physically stressful activities lead to an extreme strain on the workforce, which is especially evident in the Christmas business.
One of your best positions would be if you have pricing power, and if you're passing through other people's goods. So with Foot Locker, for example, reselling Nike, reselling Under Armour, the off pricers, like TJ Maxx reselling other people's brands, they're at the best position. But, they still have to deal with the potential for rising prices.
To me the consumer is being drawn to convenience and value. So the convenience is online. The convenience is Amazon. If you're not online and if you're not Amazon, you need to offer value. You need differentiation, you need private label, something that is only you.
What you need to know is what's the percent of foreign sourcing for each one of these companies. We also have to consider what percent of private label [do] the department stores have today and what percent of their business is done in the U.S.
At Microsoft, my boss cared a lot about not only substance, but form.
There was no safety standard in place. There is now.
We'll soon find out if these are sham lawsuits and an effort for them to look like they're being diligent. What about what they are doing on a daily basis? How are they handling seller requests to take down infringing goods? We have not seen much movement, particularly when requested by smaller companies.
Everything I did this year – natural language, face recognition, speech recognition and so on – are all variants of the same fundamental pattern recognition techniques. But even if I spent 1,000 more hours, I probably wouldn't be able to build a system that could learn completely new skills on its own.
Your next hotel room will be pre-equipped with audio surveillance.
They are pricing it extremely competitively with Netflix and the low pricing is something which we observe with Amazon's retail offering. They are definitely looking at a market share grab early on.
We are making it easy for customers to find last-minute gifts in stores and online by ensuring we're stocked with top items and offering Pickup through Dec. 24. December is also the biggest month for food and we are ready for grocery shoppers purchasing ingredients for all occasions – from everyday meals to Christmas dinner.
I'm 44 years old, third series in. This is a thrilling moment, and I couldn't be prouder that it's because of 'black-ish.
I think it's definitely going to make other retailers stand up and take notice. It's addressing a lot of the pain points that people have in terms of shopping – the amount of time spent and standing in line and that sort of thing.
It's another competitor out there and we've certainly done things inside our stores. Our average wait time before you start checking out at a Kroger store is almost 3-1/2 minutes lower than it was a few years ago by a one-time investment in technology.
They are serious about grocery. [Amazon] Go seems like an incredible step up from any kind of convenience store that I've ever seen.
I don't think there's a huge barrier toward a Kroger to set something like that up. Kroger is already far along on kind of the brick-and-mortar technology initiatives.
The technology has a lot of potential to really be game changing in the way people shop.
I'm sure Kroger will look at it.
We are updating our ranking of most- to least-favored U.S. internet stocks based on recent data points pertaining to company fundamentals, the near-term setup, recent stock performance and investor sentiment. This results in us raising GOOGL to our top pick.
We expect Amazon to capture further share gains in large 'non-core' retail verticals (Apparel, Consumables, etc) in the US and Int'ly in '17.
If approved, this drug product candidate is poised to address the significant demand for bio-identical hormone therapy.
We view Grocery as AMZN's biggest potential source of revenue upside over time with Go being another layer of AMZN's multi-platform Grocery strategy.
Amazon's model .... is way more consumer friendly, so I really do hope it works. I think this is another example of Amazon really pushing the envelope in really interesting ways.
And that has been a mixed experience. ... These things have all had rough moments, and the consumer experience has been everywhere from fantastic – for the person who otherwise would have been in line for a long time – to just dreadful. And I don't think it's been as good for the companies as they'd like to think.
The early result from checkout indicates that, in fact, self-checkout works in a relatively narrow set of circumstances – with today's technology. Amazon's moving the technology forward.
You see Amazon opening up brick-and-mortar shops. You see brick-and-mortars going online. It's all becoming one.
However, the book is clearly not being read by some in the way I had intended – as satire – and, more disturbingly, is being misread as the very act of hate and bigotry that the work was meant to expose, not promote. For this reason, I have asked Abrams to cease publishing the book.
The artistic statement that I tried to make in the book is to offend and, by doing so, to shine the uncomfortable light of day on bigotry, prejudice, and hate; in effect, to refuse to let those pernicious and undermining sentiments stand.
I think this is part of a continuum that began a number of years ago when folks like Home Depot, and then CVS and Albertsons, Wal-Mart and others have experimented with self-checkout.
We are encouraged by Amazon's growing footprint in this category, which we see as ripe for potential disruption given younger demos increasingly purchasing food and beverage grocery items via digital channels.
We hope very much to resolve it and not have to go down that road. We hope that this period here woke up the company enough that they're willing to work with us to mutually come to an agreement to move forward.
In a growing market, it's not a zero-sum game.
There are very few natural language understanding and speech recognition applications and platforms that get more everyday usage than what Alexa and the Echo get. What a lot of customers want when they build these conversational applications is they want the technology that's actually being used over and over again that they see every day.
Sometimes you hear stories from other providers that benefit their own businesses. We have a very large number of enterprises and customers running a majority of workloads on AWS. When we look at the decision process as they rigorously go through that analysis, most of them aren't ending up splitting their workloads remotely close to evenly across multiple providers.
We've had several presidents at the helm during that time. We'll continue to make sure we have the broadest capabilities for our customers to get more done, spending less money and do it much more quickly.
Public sector customers are excited about it because they have a high-level mandate to move more to public cloud. But on the ground, if you look at teams tasked to do that, it's actually very challenging for many types of applications.
Financial services companies have really started deciding to use the cloud in a much more meaningful way. It really has tipped.
Amazon has been around now for about 21 years at this point. We've had several presidents at the helm during that time. We'll continue to make sure we have the broadest capabilities for our customers to get more done, spending less money and do it much more quickly.
The U.S. election dominated the news cycle and the time people spent online, and a lot of what we are seeing online is a condensing of that demand into a shorter time period.
Cyber Monday has kind of become Cyber Month.
We feel like we make a great product, so it's frustrating to have negative reviews when people clearly haven't even seen the item.
I think what's more important is what [Amazon is] doing beyond the holiday quarter here. And that is that they are slowly turning the screws down on traditional retail. I think traditional retail long term is in a very bad place. Amazon is building an infrastructure that is going to defeat longer term.
I think that occurred in a sense because the warnings of what online would do took about five years.
Over the longer term, they've got to develop value propositions that pure online cannot deliver.
If you look at Best Buy for example ... they've kind of got their e-commerce offering back in order. Target has too. So they're getting about 20 percent growth for those online businesses.
In its core culture, [Amazon is] constantly making changes, adapting, making mistakes, using the bottom of the organization as well as the top of the organization. Companies like Best Buy and Wal-Mart … are going to have to adapt their cultures to be able to move as fast as Amazon.
We are casting a wide net on any and all types of gifts.
Because Cyber Monday is no longer about the connection, it's just another sales day that I can plan for, like a Labor Day sale or Fourth of July sale. I know it's coming, does it fit into my schedule, and will I do my holiday shopping that day, Black Friday or wait to see what comes up later?
It's those once-a-year deals that I'm looking for today.
Because of technology, the shopping process has been deconstructed, and the consumer constructs their own flow.
It seems like they should rename Black Friday to Black Friday Week and rename Cyber Monday to Cyber Monday weekend.
It's particularly frustrating for our clients. They paid us money, we got them cleared, and now all of the sudden it's back. It's like a zombie that you can't kill.
The health of the customer relationship overall is very solid. Trust in the brand is very high.
We're dedicated to making the fulfillment technology that Amazon develops available to sellers.
I have called every single day since losing control.
Amazon has dramatically lowered the cost of distribution, enabling more small brands to reach huge audiences.
Messages to Jeff are now resulting in the same canned generic responses. That's becoming just an ordinary queue.
It's silently becoming an advertising giant. It shifts the economics, and now you're paying to get first-page placement.
There are many other forums available across the internet to discuss topics of interest which are not product reviews.
Our pilots are striking so that we can have the status quo of our contract restored, and we would like that to be in the next minute so we can return to serving our customers. But if the company chooses not to do that our members are prepared to continue striking.
We do not necessarily expect these sales gains to translate into outperformance for the consumer sectors. But we suspect they may be good enough to not spook markets.
The guys are back, doing what they do best - the chemistry between Jeremy, Richard and James is what makes 'The Grand Tour' so entertaining.
We will seek a court order later today to restore the status quo operating environment, even as we continue discussions with union representatives about specific issues of concern. We expect the court will uphold our position that the actions taken by the union to refuse work assignments is not legal, and the issues involved constitute a minor dispute to be resolved via arbitration under terms of our current labor agreements.
That's an under-reported number. It was about a quarter of a billion dollars. We'll be able to figure out later what it was that made the show the show. It'll be interesting with [The] Grand Tour to see how much of that is the players, who in many cases are big personalities, but what elements of Top Gear will people miss?
Like a lot of things that Amazon is doing in media now, this is a very expensive proposition.
It's absolutely expensive, but they addressed this in their earnings call, when they had their call last quarter, so I look at it and say, this is just another page out of the Netflix playbook, if you will.
So people who own the stock need to be patient that this could, in the near term, impact margins the way margins were hurt in the third quarter.
I view Amazon as a democratizing force in the economy, both in retail and in software.
We see this as a defensive, reactionary tactic, where Trump used a mirage of attack points to attempt to implicate Jeff Bezos and, by extension, the credibility of The Washington Post investigation. We do not believe that the mechanics are in place for Trump to impact Amazon.
We work with a variety of carriers and are confident in our ability to serve customers.
Retailers have been, understandably, learning about the pitfalls of over-distributing overly discounted lines to eager shoppers ahead of what has traditionally been peak trading season. Equally, shoppers have sussed out a lot of the specially ordered low-quality tat that comprises Black Friday, too, so conditioning some of their behaviour.
Come up with a list and ask yourself, What am I interested in, and what is the price now? Just a slight check in advance would help out most consumers.
Believe me, if I become president, oh do they have problems, they are going to have such problems.
Where do I benefit in this at all? There are dozens and dozens still listed on Amazon that can easily beat my price because they never paid for the patent, nor the pictures I took with my camera to market the Forearm Forklift, nor did they have to pay for product liability or workers' comp insurance policies.
There is talk about the 'grudge'. Maybe for some people, that's why they're selling, but what I would think is its more towards money reallocation – funds out of tech, which has done so well.
I think lower taxes helps out the prospects of the retailers. I don't think it's a function that nobody's going to ship via the internet anymore. The [performance] gap has been enormous.
The fundamentals of [Amazon] are very strong. We look at this as a buying opportunity. I mean right now, the stock's trading at 15 times next year's EBITDA. This is for a company that's seeing accelerated e-commerce growth doing a billion dollars in revenue at massive scale, with huge consumer demands as we head into the holidays and the next year or so. We remain super bullish on Amazon and think this is just a blip in the road.
So I'm sure maybe they could outfit the White House with one.
We think there's about 11 million Echo devices in the U.S. sold and a ton more sold this holiday season. So I'm sure maybe they could outfit the White House with one.
Elections do not in and of themselves cause recessions. Policies can, however, and we need to wait to see which policies Trump moves forward with and the details of those policies.
Investors are already repositioning their portfolios in favor of what they view as Trump Administration policies. Seemingly quiet trading on the surface masks the turbulence that's going on underneath.
These are expensive stocks that don't like higher interest rates. These have been the leaders and the leaders are getting whacked…the FANG (Facebook, Amazon.com, Netflix, Alphabet) are expensive stocks that don't like higher interest rates because higher interest rates expose things that are overvalued.
Fundamentals of the company are very strong. I don't see any disruption in their business.
At best it's business as usual for Amazon.
Presidents should not be involved in that matter. But I would be concerned.
If I become president, boy do they have problems.
The reality is that Amazon doesn't do anything that's wrong.
We will do nine figures of revenue this year.
For the stores, it's a way to maintain their market share. That's why you're seeing all this growth happening.
Online grocery will take off this holiday season, with consumers buying more turkeys, cranberry sauce and stuffing online than ever, as a result of Wal-Mart, Kroger and others ramping up their e-grocery services.
We've really expanded our footprint and our offering in a very aggressive way just this past year. I would say we are probably one of the fastest-growing online grocers in the U.S., just based on the fact that at the start of the fall last year we were in five markets. Today we're in 100.
We're very happy with the Amazon Fresh and we have now expanded quite a bit.
We stick to mainly the dry goods area. For us it's kind of a walk, crawl and run approach.
We believe that the grocery category is likely to be one of the next key areas of e-commerce growth.
Consumers are starting to get more exposure to produce that's selected by a third party – and there's more trust. I think this will be an important year for us to kind of get a sense of what consumer usage and adoption will be moving forward.
We believe BBY has benefited from two secular trends: a mix shift to smartphones away from CE [consumer electronics], and a shift towards higher margin large panel TVs and 4K TVs. With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.
With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.
Automated returns are really going to send shockwaves. People are suddenly going to get thousands of returns after Christmas.
They are trying to follow the Jeff Bezos model. I'm willing to give them the benefit of the doubt that they will be able to turn these businesses into profit centers in the years to come.
We see .. upside potential in FDX shares as the company realizes the last remaining benefits of its profit improvement plan, synergies from its recent TNT Express acquisition take hold, and Ground investments begin to pay-off.
Scale is the name of the game, especially in the public cloud markets. Amazon, Microsoft and Google continue to invest huge amounts in their hyperscale data center infrastructure, and all three have recently expanded their data center footprints and also announced plans to open up more geographic regions in the coming months.
Some people prefer to start their day by jumping into the shower, but I believe we should earn our morning shower by breaking a sweat first.
The point is that you're doing mindless activities for the first few minutes and simply giving your body time to wake up.
Consciously decide every night to actively and mindfully create a positive expectation for the next morning.
Expect continued investment in data centers and in application services by the top 4 vendors.
This increase does not represent a top-down macro bet on the European economy but reflects strong idea flow from our analysts covering European stocks and a general observation that valuations are relatively attractive in that region compared with other parts of the world.
That is why the decision Amazon announced on its conference call to beef up spending freaked out so many investors, and that is why the stock dropped 5 percent today.
Jeff Bezos doesn't want to cut off his nose to spite his face, or please Wall Street.
Bezos takes his own counsel and he acts on it.
You either have faith in Jeff Bezos or you don't. You either buy into his amazing success or you stick with something less volatile. For me though, this decline is simply one more buying opportunity in the long upward climbing road that Amazon has been traveling.
We take something thematically and really blow it out with multiple options.
We mostly tried to roll out what worked well for us in Japan, Germany, the U.K., Spain, France, Italy, the U.S., etc., and it needed more local market customization. If you want me to give one meta-lesson, it's that one.
Even if it reaches the top end of these forecasts, this would still represent the worst performance in growth terms of this fiscal year. That said, over the longer term Amazon's investment in physical should help it get a tighter grip on fulfillment costs. Amazon is playing the long game.
Amazon tends to flex investment up and down somewhat unpredictably from time to time in order to drive growth, and that's what's challenging for investors. Some investors thought the new era of higher margins was here to stay permanently, and this quarter has likely taught them (otherwise).
Investments are going to be lumpy. The second half of this year looks like a big step up compared to the first half - and it is.
As you become a Prime member, you buy more from us.
The reason is that people in the industry thought that what we were doing was so damn weird.
The engineering challenge involved with building a highly profitable, reusable vehicle is gigantic. But if you can do that, it's a game changer.
I believe it's incredibly important that we humans go out into space … We need to do that to preserve the Earth.
We've always focused on customer obsession versus competitor obsession. We want to be customer-focused.
That is really important because in a few years AWS will be half of Amazon earnings and is a big growth driver.
Strong Q3 trends look more sustainable. ... Sustainability of higher growth motivates our positive outlook.
They have a user base with Prime that is inclined to use Amazon, and they're clearly leveraging that loyal membership base.
Grocery is a massive market opportunity for them.
I think they've gotten to the point they can be more flexible. It's an expensive business to run and that flexibility in pricing shows they've gained some efficiencies.
That's what closes the loop from the business angle.
We want to lead on price and win the season on price.
If emissions rose during a recession, if deforestation increased while the economy was contracting, we wonder what could happen when Brazil resumes economic growth.
Deforestation in the Amazon should fall to around 3,000 square kilometers per year if we want to be in a position to meet our climate commitments.
We believe the company can drive further margin expansion with 3P and AWS.
They had to up their game.
We see the market kind of dividing a bit.
I think it's kind of wonderful that the TV show gets to show you what it was like in the workplace back then ... and at the same time show that in some terrible way our presidential candidate exhibits the same behavior.
It's all like some horrible, acid flashback for me.
It was wild! We wanted to show young women that feminism is fun. It looks good, we dressed great, and it's sexy. Don't go around thinking that feminism is this grumpy, grim thing that you don't want to be part of.
I don't think a day went by on the set when we didn't think how far we (women) had come, and how much we still have to do.
Mad Men' was dark, internal, sexy. But our show has a sunnier outlook, in part because women aren't so internal.
In all of our tech holdings, we're focused on connectivity and content. And we think Apple is right at the confluence of those two trends.
When I take a look at Alphabet over time, as you've seen with two other stocks that are jumping on the cloud, Microsoft (MSFT) and Amazon, the dialogue about the company is going to go to what kind of traction they have in their cloud space.
I think people have misunderstood Amazon's valuations almost from the beginning.
Facebook and Google, in their core business, are attacking the global ad market. That's where most of their revenues are coming from. That's a $500 billion market.
It is insane to have Jack Dorsey be a part-time CEO at a company with the issues that Twitter has. If a part-time CEO makes sense, then so does a part-time CFO, part-time chief technology officer. That just makes no sense whatsoever.
It just keeps funneling business to the knockoffs. It's almost like winning the lottery if they choose our item.
I was pretty impressed.
Since that date, it's just been absolutely downhill.
If Jeff Bezos knew exactly what was happening to us, he'd do the right thing. It's not that he's a bad guy. It's that there is, in my opinion, a lot of pressure put on folks at Amazon to increase sales, increase sales, increase sales. That's wonderful. That's the American way. But do it right.
Amazon's responses are very erratic.
We're competing with people who are stealing our brand, stealing our pictures and stealing our intellectual property.
That posts on our offer page on Amazon so a lot of people think we're offering fakes.
Expect continued growth momentum in AWS & Retail. We believe the risk-reward remains favorable as investments in web services, infrastructure and logistics result in share gains, cash flow growth and continued high returns on investment.
We remain believers in the long-term story.
To try and chill the media and threaten retribution, retaliation – which is what he has done in a number of cases to people involved in the media – is not appropriate. We have freedom of speech in this country, written into the Constitution. But except for our norms and our behaviors – the stories we tell ourselves as a nation– it's just a piece of paper.
Peter Thiel is a contrarian, first and foremost, and you just have to remember that contrarians are usually wrong. conventional wisdom is usually right.
One of the things that makes this country as amazing as it is, is that we are allowed to criticize and scrutinize our elected leaders. And there are other countries where if you criticize the elected leader you might go to jail – or worse, you may just disappear. And the appropriate thing for a presidential candidate to do is to say, I am running for the highest office in the most important country in the world. Please scrutinize me.
When you look at the pattern of things, he's not just going after the media and threatening retribution for those who scrutinize him. It's also him saying he may not give a graceful concession speech if he loses the election. That erodes our democracy around the edges. These aren't acceptable behaviors, in my opinion.
It's way too divisive to say, If you have this opinion, you can't sit on my board. That makes no sense.
This is a landmark moment for both Amazon Music and Garth Brooks. Garth Brooks is a legendary country music superstar who continues to shatter industry records and amaze fans three decades into his career. We are honored to make his music available for streaming for the first time ever, exclusively on Amazon Music.
I love retail to death, but retail will never tell me what my stuff is worth and will never tell me how to sell it. That's the tail wagging the dog for me.
For selling music, they are perfect because they do physical and digital. Here comes, out of the blue, a place that says, We can stream and sell and if you don't want to sell singles, just be an album artist, we're fine with that. And whatever price you want to put on them, high or low, we're fine with that, too, because we're retail.
Reed [Hastings, Netflix CEO] keeps giving investors what they want, which is subscriber growth. Props to them. They're buying subscribers at a clip of negative $2 billion a year? Good for them, but if they don't make money, I don't understand the share price at all.
Amazon can outlast them forever. Bezos is a tough guy. Bezos is Dr. Evil, he intends to take over the world, and he's going to succeed.
They're making a big bet that they are better than Hulu – and Amazon and FX and USA Network and AMC – at developing this stuff. And yet I think they completely lack the internal expertise to compete.
We think Apple should launch a subscription bundle as a way to reinforce iPhone loyalty and leverage it into content. ... This strategy would help Apple fend off smartphone commoditization and position it well vs. Amazon and Alphabet as content shifts to streaming.
The announcement that we made together is really a real win for customers. With the announcement, customers don't have to make that binary decision anymore, and they get to use that VMWare software they're used to using on AWS – and do so without having to buy any additional hardware, which most companies these days aren't looking to buy more hardware.
What we're finding is that these are already our joint customers, and that's what really makes this announcement powerful. Andy and I were both driven by that customer demand because ... essentially every enterprise [is] now taking advantage of Amazon, and this creates this seamless, hybrid experience where they get the best of both worlds.
When our customers are pulling us it's an easy thing to sell.
Most likely, GoPro is temporarily, but intentionally, not shipping to Amazon following a not-uncommon pricing squabble, when a retailer lists the product below the agreed-upon floor price.
September or early October is a slow sales month anyway as people gear up for the holiday season.
Data from the Echo has taught Amazon much about the language of music. You can ask for Michael Jackson by saying, Play music by the King of Pop.
We believe we're reaching a tipping point in e-commerce, with revenue growth in the U.S. accelerating Y/Y [year over year] in the first nine months of 2016.
I am a big believer in bootstrapping your own business until you can afford to pay other people to do the dirty work. I am a god-awful designer and can barely use Photoshop, but a few hours on YouTube tutorials and I was able to create enough designs to start paying some bills.
Over the next 10 months, this job would be the bane of my existence. I dreaded going to sleep at night because I knew I would have to get up and go work where I was treated almost subhuman. After all, someone pushing shopping carts must be an uneducated fool, right?
You see, they first thought that this program was going to be used just by developers, but other people saw the money signs, and it quickly was changed to invite only.
I know a lot of s--- is talked about starting T-shirt companies, and I completely understand why. Most people fail when they start one.
So how did we set everything up to make sales without paying a dime to market them? We based all our designs off niches and designs that were already selling! There is no need to reinvent the wheel here. All we needed to do was find something that was selling well, and improve the design in some way.
When I first hired someone, I let them know that they cannot use any images which are copyrighted, or infringe on any copyright someone else owns. Then, I will send them a T-shirt idea that is very clearly copyright infringement. If they copy it or do not change it enough to be considered free use, I will immediately get rid of that designer. The design may have cost me $4, but that is an extremely small price to pay to weed out the copycats!
This was both a blessing and a curse.
I dreaded going to sleep at night because I knew I would have to get up and go work where I was treated almost subhuman. After all, someone pushing shopping carts must be an uneducated fool, right?
Think of this as two different levels: Prime is now the introductory service and Unlimited is the full service.
We're moving music away from a one-size-fits-all approach. We are the ones who have been pushing this the hardest.
It's just making Prime that much stickier.
There is definitely room to grow the pie simply because more and more music consumers are choosing this way of accessing their music. But the potential rewards are not huge and infinite, they're sort of modest and there are already quite a few players in the space.
At a certain point you'll get frustrated and go, Oh, what the heck.
The recorded music industry has been fumbling for a digital business model that really works, and I think streaming has come into its own.
That's amazing for a start-up company. If you think back over time, people thought Jeff Bezos was crazy when Amazon was getting started. It really does take someone with almost a streak of craziness to generate these super-normal returns and invent something new.
It has created essentially the Google of China. It's created the Groupon of China. It's created the Amazon.com of China, the eBay of China and the PayPal of China. So if you can imagine one company, all in one stock, all at once, and in the fastest growing economy in the world, that's what Alibaba is. That's why this matters so much.