One. Billion. Dollars! Smart doorbell maker Ring just got acquired by Amazon for over $1 billion. This is after Shark Tank turned down the deal on their show in 2013. “Why cry over spilled milk when you know there’s another great idea coming through the Shark Tank?” Kevin O’Leary. Amazon’s new milk run Amazon is…
Alexa, what’s Amazon up to now? “Much of what we do with machine learning happens beneath the surface . . . quietly but meaningfully improving core operations.” Jeff Bezos Core operation: Web Services I explored this briefly before when looking at Amazon Web Services. Here, Amazon founder Jeff Bezos is applying Principle 6 – Universality,…
In 2016, Amazon.com made more money from AWS, Amazon Web Services than from retail sales. Jeff Bezos approved the idea of experimenting with Amazon infrastructure in 2004, but AWS only became commercially available in 2006. In many ways, AWS is a refinement of the infrastructure that Amazon built for its own operations. Principle 6 –…
I recently caught this Scott Galloway interview with the founder of Charity: Water, Scott Harrison. As the name implies, Charity: Water is dedicated to helping people in developing countries get access to clean water. The cause is vital, as they say on their site: 663 million people in the world live without clean water. In the interview,…