Amazon posted operating income of $7.7 billion in the second quarter , up from $3.3 billion the same period a year earlier and its highest in two years, as it managed to keep costs under control in its retail and subscriptions businesses in North America. Amazon Web Services had $22.1 billion in revenue during the April through June quarter, a 12% increase and its slowest ever year-on-year...
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The Weekend startups culture
The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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