AMZN

comagnum said:
Trump just lowered the bar showing his ignorance has no limits. Ranting about a company for using the nations infrastructure is laughable. Amazon has made their investors wealthy. Trump has left his investors nothing but ripped off & broke.
More...

Kind of pissed off I had to dump honestly. Now I gotta time the rebound whenever spanky moves on to the next target.

If he feels Amazon is lobbying through the Washington Post for Amazon, then by the same token, he's infringing on the post's freedom of the press by going after Amazon.
 
Last edited:
https://www.vanityfair.com/news/2018/04/trump-war-with-amazon-and-the-washington-post-is-personal

Now, according to four sources close to the White House, Trump is discussing ways to escalate his Twitter attacks on Amazon to further damage the company. “He’s off the hook on this. It’s war,” one source told me. “He gets obsessed with something, and now he’s obsessed with Bezos,” said another source. “Trump is like, how can I fuck with him?”

According to sources, Trump wants the Post Office to increase Amazon’s shipping costs. When Trump previously discussed the idea inside the White Hose, Gary Cohn had explained that Amazon is a benefit to the Postal Service, which has seen mail volume plummet in the age of e-mail. “Trump doesn’t have Gary Cohn breathing down his neck saying you can’t do the Post Office shit,” a Republican close to the White House said. “He really wants the Post Office deal renegotiated. He thinks Amazon’s getting a huge fucking deal on shipping.”

Advisers are also encouraging Trump to cancel Amazon’s multi-billion contract with the Pentagon to provide cloud computing services, sources say. Another line of attack would be to encourage attorneys general in red states to open investigations into Amazon’s business practices. Sources say Trump is open to the ideas. (The White House did not respond to a request for comment.)
 
comagnum said:
Trump just lowered the bar showing his ignorance has no limits. Ranting about a company for using the nations infrastructure is laughable. Amazon has made their investors wealthy. Trump has left his investors holding the bag, lucky to recover pennies on the dollar in court - not to mention he has received massive corp welfare & countless bailouts.
More...

It doesn't matter in politics. Winning isn't about being right. It's about being popular. You can be wrong and dumb and be most popular to win. It's one of the flaws of democracy you can say. In fact, one of these days a democracy somewhere in the world will vote in by majority a dictator in the making, who will turn a once democracy into a dictatorship by changing the constitution, and it will be go to go as it will also be 'popular choice'.

This is a story of two individuals. One is at the very top of the all too important "rich list". The #1 spot. Past $100 billion mark for the first time in history. Networth calculated from assets that is easily verifiable as it is public information on a public company. The other is allegedly a billionaire? Assets not as easily verifiable and from assets with no real time mark-to-market value, but for all intents and purposes still a very wealthy guy. Still on the 'rich list'.

It's personal. Not just because of WP, but because the other has joked on occasions of sending the other to space, etc. I bet one takes a lot of pleasure knowing that a few words on social media eliminates a lot of wealth from the other. It's interesting to note that one's recent loss in wealth is still more than the other's total accumulated according to said "rich list", showcasing just how much richer one is to the other. Which is of course more fuel for rage and jealousy.
 
Amazon spent nearly $23B on R&D last year
Tech companies claimed the top five spots in the U.S. for research and development spending again last year, investing a combined total of $76 billion. Amazon was at the top of the list, spending $22.6 billion in 2017, 41 percent more than in 2016 (when it also topped the list). Amazon has poured resources into AWS, Alexa and technologies like computer vision to support ambitious projects such as the Amazon Go cashierless store of the future.(Recode)
 
The Amazon juggernaut continued last quarter, despite President Trump’s tweet attacks, with revenues jumping 43% over the previous year to $51 billion and net income doubling to $1.6 billion. While Amazon was once derided as a profit-free zone, the extraordinary success of Amazon Web Services is changing that. AWS is only 11% of the company’s revenue, but accounted for 73% of its profit. - Fortune
 
Bezos Wealth

Amazon's strong results sent the company's shares up 7% to a new record and made Jeff Bezos a lot richer—by $8 billion or $12 billion, depending on whether you ask Reuters or Bloomberg. And the company's revenue may increase more in the future, as Amazon is also increasing its U.S. Amazon Prime subscription fee by 20%. Fortune
 
Amazon re-ups 'Thursday Night Football' live-streaming deal
That the NFL decided to renew its digital deal with Amazon rather than kick the tires on another tech giant like Google's YouTube came as something of a surprise, as it seemed the league had been interested in testing the capabilities of the biggest streaming players in advance of the expiration of its current TV rights pacts. The league's eight-year, $27 billion broadcast arrangement with CBS, NBC and Fox is set to expire in 2022. (Ad Age)
 
You must log in or register to reply here.
Back
Top