The Tech Superstars Never Went Through Cash Like Today’s Big Burners | Fortune

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 […]

Amazon, With Little Fanfare, Emerges as an Advertising Giant – WSJ

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 […]

Amazon Picks New York City, Northern Virginia for Its HQ2 Locations – WSJ

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 Is Planning to Expand Its Presence in New York: Report

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 […]

The Cybersecurity World Is Debating WTF Is Going on With Bloomberg’s Chinese Microchip Stories – Motherboard

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 […]

The Only Amazon Prime Day Guide You Need

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 […]

How much does a tech bro cost? | Cities | The Guardian

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 […]

Lina Khan and the “Hipster Antitrust” Movement – The Atlantic

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 […]

Your Worst Alexa Nightmares Are Coming True

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 […]