Tech

Amazon CEO Jeff Bezos says multibillion-dollar failures are actually a good thing: ‘If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle’

Amazon CEO Jeff Bezos believes that Amazon should be making big bets that will occasionally result in “multibillion-dollar failures.” His annual letter to shareholders spells out why: “Amazon will be experimenting at the right scale for a company of our size,” he says, “if we occasionally have multibillion-dollar failures.” This […]
Amazon CEO Jeff Bezos says multibillion-dollar failures are actually a good thing: ‘If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle’
Tech

Google made it impossible for Amazon to licence its own version of Android

The EU competition commissioner says that Google froze Amazon out of the smartphone market. According to EU competition commissioner Margrethe Vestager, Amazon tried to licence its version of Android, FireOS, in 2012 and 2013, but Google’s licensing agreements made it unsuccessful. Amazon launched the Fire Phone in 2014, which was […]
Google made it impossible for Amazon to licence its own version of Android