Fri. 04/26 - Prime Delivery Changes

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 26 April 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon wants all Prime deliveries to be one-day shipping, Slack files for its IPO and Uber sets its price range, someone with a personal vendetta to fix Gmail and of course, the Weekend Longreads Suggestions. Sponsors: Tech.FidelityCareers.com Tiny.website Links: Amazon smashes earnings expectations (CNBC) Slack files to go public, revealing $400 million in revenue and $139 million in losses (CNBC) Uber sets IPO terms, could be valued at $84 billion (Axios) Regulators Around the World Are Circling Facebook (NYTimes) The former lead designer of Gmail just fixed Gmail on his own (Fast Company) Weekend Longreads Suggestions: How Fortnite’s success led to months of intense crunch at Epic Games (Polygon) Red Dead Redemption 2: six months later (Polygon) WE’VE BEEN WARNED ABOUT AI AND MUSIC FOR OVER 50 YEARS, BUT NO ONE’S PREPARED (TheVerge) How the Kleiner Perkins Empire Fell (Fortune) These home security startups aren’t afraid of Amazon and Google (Fast Company) Amazon Has Gone From Neutral Platform to Cutthroat Competitor, Say Open Source Developers (OneZero) I Sell Onions on the Internet (Deep South Ventures) Subscribe to the ad-free feed! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Ride Home for Friday, April 26, 2019. I'm Brian McCullough today.
0:10.0	Amazon wants all prime deliveries to be one day shipping.
0:15.0	Slack files for its IPO and Uber sets its IPO price range.
0:20.0	Someone with a personal vendetta to fix Gmail,
0:23.8	and of course, the weekend long read suggestions.
0:26.4	Here's what you miss today in the world of tech.
0:31.7	Today is just gonna be another cavalcade of earnings and then
0:35.0	unicorn IPO news. So let's start with the earnings. Amazon reported Q1 revenue
0:41.1	of 59.7 billion billion up 17% year over year. Operating income of 4.4 billion
0:47.8	up from 1.9 billion year over year and net income of 3.6 billion dollars up from 1.6 billion dollars a year ago.
0:57.1	So Amazon's just continuing to kill it, right?
0:59.9	Except there are some slight quibbles to note.
1:04.5	Amazon's online stores revenue.
1:07.7	You know, it's meat and potatoes business
1:09.9	of selling you stuff online,
1:12.1	rose only 10% to $29.5 billion. That's down from the 13% growth
1:18.7	rate seen just last quarter. And that also represents the lowest growth rate for the retail business
1:24.4	in Amazon's history. And in fact, quoting cambec.
1:28.7	quote Amazon's revenue came to a slowdown across the board. Its total revenue grew
1:34.6	16.9% compared to the year ago period, representing the slowest
1:38.8	expansion since the first quarter of 2015. Its North American revenue saw a 17% increase compared with last year's
1:46.1	46% growth, while international growth dropped to just 9% down from the previous year's
	...

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