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“If you’re smart, you certainly wouldn’t offer incentives to a company that’s going to squeeze you,” he said.

“I think they’re paying a very big price,” he said of the two cities. “It was a competition. I know all about those competitions. I’ve been in those competitions — a lot of cities were competing for it. They took the best deals, you know?”

“Culture wise, Amazon really depends on the team. I’ve heard retail teams are crap, but AWS, Amazon Publishing, Amazon Studios, Amazon Instant Video, Prime Air, etc. have a more startup like culture. There was a NYTimes article about people being bullied so much they were crying at their desks. This turned into a meme of sorts, because I’m sure those cases were egregious and not the norm. The constant reciting of the leadership principles is kind of culty.

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“I didn’t make five Michelin stars in Paris, the chefs did that, but I facilitated and organized them. So, to find great talents, you have to be patient with the talents, make them feel special. Giving them what they need to succeed is the key of my philosophy.”

“Amazon definitely has the means to acquire a major player in travel, but the costs would probably be out of its usual comfort zone,” Schaal said, comparing possible travel industry acquisitions to?Amazon’s blockbuster .7 billion acquisition of Whole Foods. “TripAdvisor could probably be had for around that Whole Foods range. Expedia though, might cost about billion or so, or about double what Amazon paid for Whole Foods.”

“I would say we have been very transparent that we are continuing to invest in businesses that have four great characteristics,” Olsavsky said on the call. “Customers love them, they can grow to be large, they have strong financial returns and they are durable and can last for decades. That is in essence our investment philosophy.”

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“I just unearthed the Death Star of e-commerce,” Zoe Leavitt, a tech analyst for CB Insights, declared Wednesday in a tweet.

“First of all, don’t be deceived by the fact that Bezos is buying it himself, rather than Amazon–there’s little reason to believe this is a passion project. It just would’ve been tricky to make it a public takeover, because corporations don’t know how to value a newspaper’s future earnings. And besides, though the markets have been?remarkably patient?with Amazon’s continued losses, a money pit like the?Post?would’ve been harder to stomach.”—Lydia DePillis in The Washington Post story:?Why The Washington Post isn’t a charity case for Jeff Bezos.

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“Centralization is nothing new; what we really wanted to focus on with Security Hub was prioritization,” said Stephen Schmidt, chief information security officer for AWS, in an interview following the keynote speech. “So we build maps of the customer systems, analyze the security of the systems using the tools that are built in like Inspector and Guard Duty, and then prioritize the work that their security teams have to do to secure the estates better.”

“From farming right down to consumption, each private and public entity, including consumers, plays a critical role in enhancing food security and reducing food waste,” said Stefan Phang, Sustainability and CSR director for Sealed Air Asia Pacific.