Fri. 07/30 – For Amazon, Are Ads > AWS?

Are ads a bigger cash cow for Amazon than even AWS? Follow up on Robinhood’s trading debut. How the SEC is dealing with the Chinese tech stock problem. Gopuff indicates that grocery delivery is still white hot to investors. And, of course, the Weekend Longreads Suggestions.

Sponsors:

• Voices.com
• Metalab.co

Links:

• Amazon Gets Record $888 Million EU Fine Over Data Violations (Bloomberg)
• Robinhood falls in its public market debut, closes more than 8% lower at $34.82 per share (CNBC)
• U.S. SEC says Chinese IPO hopefuls must provide additional risk disclosures (Reuters)
• Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service (TechCrunch)

Weekend Longreads Suggestions:

• Groceries in 10 Minutes: Delivery Start-Ups Crowd City Streets Across Globe (NYTimes)
• THE SUMMER INTEL FELL BEHIND (The Verge)
• Why the US can’t just beam internet into authoritarian states like Cuba (Quartz)
• Social-Media Manager, the Most Millennial Job, Comes of Age (WSJ)
• Hollywood Calls the Russo Brothers When It’s Time to Build a New Universe (Bloomberg Businessweek)