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Gotta love it. Bezos. Started out years ago peddling books online from a small warehouse. Than other goodies. Kindles. Cloud computing. Drones in the works. And now this on the drawing board? We got 2 Echos in the house and love em (one's named Echo and the other Alexa). What next?
The Year in Technology: 2016 in Charts By Shira Ovide and Rani Molla @ bloomberg.com Amazon's Ambition Knows No Bounds: It became clear in 2016 that no industry should be free from Amazon paranoia. It's a giant retailer of every product and service, a growing entertainment power, and a would-be transportation giant that aims to control land, air, sea and new horizons. In an example of the impact Amazon's ambitions can have, its Amazon Web Services cloud business -- a type of computing Amazon created from nothing 10 years ago -- made up more than 100 percent of Amazon's total operating profit in the third quarter Apple Hits a Wall: The decade-long era of Apple's impossibly fast growth and profits came to an end. Apple's revenue fell this year for the first time since 2001. The company can't outrun a changing market for smartphones globally, and it continues to grapple with government resistance to its power on issues such as law enforcement, taxation and manufacturing. https://www.bloomberg.com/gadfly/articles/2016-12-30/charting-the-good-and-the-bad-for-the-year-in-technology
Disney buying Netflix could be practical magicJennifer Saba, Reuters More speculation about whether Netflix (NFLX -1.2%) is the right acquisition target for Walt Disney (DIS -0.3%) -- known to be on the hunt for a more direct distribution method.
Jennifer Saba hits a couple of familiar notes (Netflix would give Disney a massive streaming audience as well as a successor to CEO Bob Iger in Reed Hastings), but points out such a deal would be expensive: Netflix trades at well over 100 times forward earnings compared with Disney's 16 times. With a standard 30% premium, a deal might come at $65B. Disney could, however, think much bigger. Netflix could provide more streaming know-how and 87 million subscribers worldwide. Hastings, meanwhile, has defied the odds in developing his 20-year-old creation from mail-in DVDs to an online leader and content producer. http://www.reuters.com/article/us-netflix-m-a-breakingviews-idUSKBN14J1F1 http://seekingalpha.com/news/3232943-reuters-strategic-concerns-make-disney-netflix-buyer
@hank said (And oh ... He builds rockets too.) Jeff Bezos, who once joked about sending Trump to space, changes tune Brett Molina , USA TODAY 10:24 p.m. EST November 10, 2016 Bezos has criticized Trump in the past for how he ran his presidential campaign, claiming it "erodes our democracy." Bezos — owner of the aerospace company Blue Origin — also joked about sending Trump to space.
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By Shira Ovide and Rani Molla @ bloomberg.com
Amazon's Ambition Knows No Bounds: It became clear in 2016 that no industry should be free from Amazon paranoia. It's a giant retailer of every product and service, a growing entertainment power, and a would-be transportation giant that aims to control land, air, sea and new horizons. In an example of the impact Amazon's ambitions can have, its Amazon Web Services cloud business -- a type of computing Amazon created from nothing 10 years ago -- made up more than 100 percent of Amazon's total operating profit in the third quarter
Apple Hits a Wall: The decade-long era of Apple's impossibly fast growth and profits came to an end. Apple's revenue fell this year for the first time since 2001. The company can't outrun a changing market for smartphones globally, and it continues to grapple with government resistance to its power on issues such as law enforcement, taxation and manufacturing.
https://www.bloomberg.com/gadfly/articles/2016-12-30/charting-the-good-and-the-bad-for-the-year-in-technology
Disney buying Netflix could be practical magicJennifer Saba, Reuters
More speculation about whether Netflix (NFLX -1.2%) is the right acquisition target for Walt Disney (DIS -0.3%) -- known to be on the hunt for a more direct distribution method.
Jennifer Saba hits a couple of familiar notes (Netflix would give Disney a massive streaming audience as well as a successor to CEO Bob Iger in Reed Hastings), but points out such a deal would be expensive: Netflix trades at well over 100 times forward earnings compared with Disney's 16 times. With a standard 30% premium, a deal might come at $65B.
Disney could, however, think much bigger. Netflix could provide more streaming know-how and 87 million subscribers worldwide. Hastings, meanwhile, has defied the odds in developing his 20-year-old creation from mail-in DVDs to an online leader and content producer.
http://www.reuters.com/article/us-netflix-m-a-breakingviews-idUSKBN14J1F1
http://seekingalpha.com/news/3232943-reuters-strategic-concerns-make-disney-netflix-buyer
@hank said (And oh ... He builds rockets too.)
Jeff Bezos, who once joked about sending Trump to space, changes tune
Brett Molina , USA TODAY 10:24 p.m. EST November 10, 2016
Bezos has criticized Trump in the past for how he ran his presidential campaign, claiming it "erodes our democracy." Bezos — owner of the aerospace company Blue Origin — also joked about sending Trump to space.
"I have a rocket company, so the capability is there," said Bezos during a talk at Vanity Fair's New Establishment Summit held last month in San Francisco
http://www.usatoday.com/story/tech/news/2016/11/10/bezos-congratulates-trump-election-victory/93585602/