Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
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Here’s an argument you hear a lot: the gigantic cash burn rates at the likes of Tesla and Uber are nothing new, because today’s established tech greats also churned through tons of cash in their early years. In fact, we keep hearing from champions of these glamor stocks on business TV shows and pundits’ blogs…
“Data is the new oil” is one of those deceptively simple mantras for the modern world. Whether in The New York Times, The Economist, or WIRED, the wildcatting nature of oil exploration, plus the extractive exploitation of a trapped asset, seems like an apt metaphor for the boom in monetized data. Antonio García Martínez (@antoniogm)…
Amazon’s options for advertising include its delivery boxes. Photo: Amazon Amazon.com Inc. AMZN -0.25% handles nearly half of all online sales in the U.S., giving it a popular platform and a wealth of consumer data. Now it’s on track to become the next juggernaut of online advertising, and its rise threatens to upend Silicon Valley’s…
New York City and Northern Virginia will be the homes for Amazon.com Inc.’sAMZN +0.60% second and third headquarters, according to people familiar with the matter, ending a more than yearlong public contest that started with 238 candidates and ended with a surprise split of its so-called HQ2. The imminent announcement is expected as soon as Tuesday, according to the…
Google’s New York office is shown in lower Manhattan on March 5, 2018 in New York City. Photo: Spencer Platt (Getty) Hot on the heels of a report that Amazon is planning to split its HQ2 between Arlington, Virginia and New York’s Long Island City, Google is reportedly looking to expand its own presence in…
On Tuesday, Bloomberg doubled down on its bombshell report from last week, which alleged China had surreptitiously implanted tiny chips into the motherboards of servers to spy on US companies such as Apple and Amazon. If true, this would be one of the worst hacks in history. In its new story, Bloomberg reports that a…
Illustration: Jim Cooke (GMG) Today is Amazon #PrimeDay, home to all of Amazon’s greatest deals. You only have one chance to do this right! First, buy this 50 pack of Pacon Super Value Poster Board and a pack of black Sharpie Magnum Permanent Markers. Write “UNION” on each poster. Unionize your coworkers in the Amazon…
America’s cities all have the same dream these days: to be the next Silicon Valley. To court Big Tech, they have taken to showering some of the world’s most profitable companies with taxpayers’ cash. On the surface the rationale seems obvious. Manufacturing is so 20th century: ship in the tech bros Just 12% of engineering…
These two practices—predatory pricing and integration across business lines—may sound normal. But under old readings of U.S. antitrust law, they are illegal. Still, it’s unclear whether consumers have seen higher prices as a result of either strategy. As such, Amazon rejects the “predatory pricing” label. And Republican Senator Orrin Hatch last August decried the new…
Illustration: Gizmodo What’s the most terrifying thing you can imagine an Amazon Echo doing? Think realistically. Would it be something simple but sinister, like the artificially intelligent speaker recording a conversation between you and a loved one and then sending that recording to an acquaintance? That seems pretty bad to me. And guess what: it’s…