Business
Amazon CEO Andy Jassy on the $220 Billion AI Buildout. The reason why Amazon poured so much capital into AI infrastructure is because they could see a wealth of demand internally and if they didn’t act, they would miss on this golden opportunity. For instance, in three years, AWS’ AI revenue alone hit a run-rate of $25 billion, several hundred times faster than they did with the AWS rollout. When asked whether this push contradicted Amazon’s principle of being frugal, he argued that in life, nothing was ever straightforward and a lot of times, there is always trade-off. To take advantage of this once-in-a-lifetime opportunity, they had to act and even if there are inefficiencies and outrageous spending, it’s to serve customers. Like what they did when they doubled the fulfillment network in 20 months or built an equivalent of UPS in 18 months. AWS’ growth is nothing short of astonishing for a business its size – 37% YoY growth in Q2 2026 from $30 billion to $42 billion. It’s hard to argue against that. Another interesting point he made was that Amazon wanted to own and build core capabilities internally as much as possible. That would allow them to move faster and lower prices for customers.
Nike hired Elliott Hill to fix a couple problems. They keep growing. This looks like the crisis that Apple faced in the late 1980. Nike needs to revitalize the legendary brands, give people a reason to buy the products again and sort out the distribution issue.
The airline CEO putting Starlink on every plane. It’s interesting to see Scott Kirby think that surveys are good to review what has been done, not to inform what will be done. A classic example is Apple. They don’t do focus groups or surveys. Sure they listen to customers, but they want to make devices that they want to use. For United, the worst case is that they can stop and change course. I also like how he framed the mindset he had during Covid. “We don’t need to be right. We just need not to be terribly wrong. The odds are stacked in our favor”. Love that he thinks it’s the airline’s job to figure out the weather issue, not to use it as an excuse.
United CEO Scott Kirby Insists Critics Misunderstand His American Merger Vision. You don’t go on a media tour like this unless you really want to merge with your arch rival. Flying airplanes may be expensive and airlines need to raise fares to make profits, which is what these corporations are supposed to do. I get that. But we should have more competition, not less. Take what is happening with Delta in Atlanta as an example. Delta is by far the largest airline out of that city and it charges absurdly high fares. If we allowed United to merge with American, consumers would have less choice and the combined company would be able to charge whatever they want. As friendly to business as the Trump administration is, I don’t think even they will sanction this merger.
The Beleaguered Chip Sellers Getting Their Revenge on Apple. “Apple is expected to spend $25 billion on flash storage this year for about the same amount it bought for $6 billion in 2025, according to estimates by TechInsights. Tim Cook, Apple’s executive chairman, compared escalating memory chip prices to a “100-year flood.” As the iPhone took off, Apple staked a claim on more than a fifth of the world’s flash supply, spending $3 billion to $4 billion a year, according to TechInsights, and became the world’s largest buyer. The company had another hardball tactic: Avoid commitments. After ordering flash at rock-bottom prices, Apple would refuse delivery at times if flash prices were falling. That left suppliers holding piles of unsold chips, including ones custom-made for Apple. Kioxia executives joked they felt like Charlie Brown trying to kick the football—with Lucy always pulling it away. One significant contract term allowed Apple to audit its suppliers’ books. Flash makers typically had to designate Apple as a “most favored customer,” which guaranteed that no other buyer got a lower price, according to people familiar with the agreements. Apple’s audits allowed it to verify that no one paid less. Apple caught Micron selling flash at cheaper prices to another customer and won an arbitration settlement worth tens of millions of dollars more than a decade ago, said people familiar with the dispute. Apple audited its suppliers so often that Blevins negotiated a volume discount with the auditor, Deloitte.”
What I Find Interesting And So May You
How the World’s Hardest Food Is Made: Traditional Japanese Dried Bonito, Katsuobushi. In the world of artificials and short-cuts, this craftmanship is refreshing and jaw-dropping to see. I watched the clip two times and was floored by dedication, patience and craft of these men and women.
Mett Gabe. He’s thirty-five years old. Loves movies. Works two jobs. Wants to meet the right person. Someone once told him he’s different. Aren’t we all, though? A beautiful story on a 35-year-old man with Down syndrome living a normal life despite his conditions.
Age might not be the only factor linked to low testosterone. “Within each category of body mass index (normal weight, overweight and obese), men with high levels of visceral fat had testosterone levels 33–36 per cent lower than men with low visceral fat. Likewise, among men with similar waist measurements, those carrying more visceral fat had testosterone levels that were around 25–39 per cent lower than those who weren’t. Testosterone is a primarily a testicular hormone that helps maintain sexual function, but it also supports muscle and bone health, and red blood cell production. Hence, low levels of it can contribute to muscle loss, reduced bone density and anaemia. One possible explanation is that visceral fat is a marker of insulin resistance, which might interfere with the ability of cells in the testes to produce testosterone. Another is that inflammation associated with visceral fat may also disrupt hormone signalling.”
Fed loses debit card cap appeal. “Plaintiffs alleged that the Federal Reserve System Board of Governors should have set a debit card interchange standard that considers only an issuer’s marginal costs for a transaction, not the fixed expenses that come with its overall business. Any costs “not specific to a particular electronic debit transaction” shouldn’t be used by the Fed to set the debit fee cap, the court found in reading the statute. “Make no mistake, debit-card interchange fees do not have to exactly match marginal cost,” the court added. “The word ‘proportional,’ after all, does not require perfection. The Federal Reserve is free to use a proxy, perhaps even average variable cost, if it bears a ‘reasonable’ relationship to the marginal costs incurred by cardholder banks in processing debit-card transactions.”
Stats
Americans eat 270 eggs a year, less than one day. That indicates a lot of people eat even less than that as we have gym folks who consume much more than normal people.
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