Best Of The Web
“Unlike America’s other tech giants, Amazon doesn’t have a traditional campus. The 45,000 or so employees and executives in Seattle, out of 575,000 worldwide, fan across numerous high-rises downtown and in the South Lake Union neighborhood. Amazon’s “headquarters” defaults to where Jeff Bezos, the company’s founder and CEO, happens to be, currently Day 1 Tower. Its name comes from a perpetual Bezos maxim: that, relatively, we’re still at “day one” of the internet—and, by extension, that Amazon is just getting started.
That’s getting harder to say with a straight face, with sales, profits and the stock price all soaring, the latter up 270% over three years and 103% in the past 12 months. Amazon is closing in on Apple to become the world’s most valuable company, and Bezos, whose personal net worth approaches $160 billion, has in the process become the planet’s richest person, by far.
Nevertheless, Bezos talks about Amazon like it’s a giddy startup that just closed its Series A. “For all practical purposes, the market size is unconstrained,” says Bezos, his rolled-up sleeves showing off Popeye-like forearms, the product of midlife weight training that has produced buzzed-about results for the 54-year-old. His growth rationale comes from a “super-lucky” confluence: The retail market, Amazon’s original quarry, is “many trillions,” as is, he says, the cloud market that Amazon Web Services (AWS) pioneered. “There are different businesses where the market is limited,” adds the man whose company should hit $210 billion in revenue this year. “But we just don’t have that issue.”
JJ Best Of The Web
North Korea has committed itself to denuclearization… again. The breakthrough deal between North and South Korea is being celebrated. But why should we trust North Korea this time?
“The Electoral College was a dumb idea when it was first proposed. Today, it's the Constitution's most egregious affront to elementary fairness… It's long past time we abolished it.”
Israel has fought in a number of wars since the Yom Kippur war in 1973. But not a single one of them so deeply threatened the existence of the Jewish State, and the national trauma still remains.
As the first Emmy Awards Ceremony in the post #MeToo era, diversity was supposed to be the theme of the evening. But measuring diversity at an awards show is no easy feat.
“Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending… These products are staging a comeback.”
“To be alive and online in our time is to feel at once incensed and stultified by the onrush of information, helpless against the rising tide of bad news and worse opinions.”
Reciting “The Pledge of Allegiance” at school is so common as to be taken for granted in American schools. The truth is, it’s not that common. And we haven’t always done it.
Tolstoy, in addition to literary masterpieces, left behind a legacy as a political and spiritual thinker. His teachings inspired a Kibbutz-like cooperative farming movement. These Tolstoyan communities still exist.
It’s not uncommon today for parents to empower their children with more choices. For the parents of almost-three-year-old Naya, gender is just another thing their letting their kid decide.
“First came the cauliflower steaks, thick vegetal slabs, roasted and served like cruciferous T-bones. Then there was Buffalo cauliflower, breaded and fried and generally chicken-shaped.”
Climate change can be difficult to document. That's why scientists and journalists traveled to Greenland to study the slow transformation of ice. Follow the link to see the stunning photos of a landscape in flux.
Jews have had a state for seventy years. It has been just about as long since the end of the Holocaust. Globally speaking, antisemitism is down. But it doesn’t always feel that way.