Amazon

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Whole Foods CFO Is Going to Be Fine

Don’t you hate it when you start a new job and then, seemingly out of nowhere, another company comes along to buy your employer, likely eliminating the need for your position? And don’t you hate it when that all goes down and you pull in a few million for your trouble? That’s what Whole Foods […]

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Infrastructure-as-a-Service Giants Own the Cloud with Lavish CapEx

Another day — another glitzy article about infrastructure-as-a-service from the Wall Street Journal. You may recall my skepticism about the sustainability of this business model last summer. Still, as 2016 numbers show, the capital expenditures of the top three cloud computing companies show no indication that they’re worried about going all in: Combined, Amazon, Microsoft […]

Review Comments | 07.22.09

beer.jpgAmazon to Acquire Zappos.com for $847 Million – “Amazon says it is paying for the acquisition with 10 million shares of stock worth approximately $807 million. In addition, Amazon said it will provide Zappos employees with $40 million in cash and restricted stock units.” [Bits/NYT]
UK ‘is losing 52 pubs each week’ – Where will the UK accountants go for lunch? [BBC]
Who needs audit? [Accountancy Age]
Chrysler says dealer legislation could force liquidation – “Chrysler Group could again face the prospect of liquidation if legislation aimed at reversing its decision to terminate contracts with 789 dealers becomes law, a company executive said on Wednesday.” [Reuters]
Goldman Sachs Payments to U.S. Give 23% Return to Taxpayers – LB says “you’re welcome” [Bloomberg]