The Wall Street Journal

Amazon can’t afford a race to the bottom

Amazon can’t afford a race to the bottom
(Image: Getty)
The Wall Street Journal
By Dan GallagherThe Everything Store can’t really do everything anymore. The trick for Amazon is focusing on the right things.Many things are looking much better for the e-commerce giant compared with a year ago. On Monday, Amazon formally launched advertising into its Prime Video streaming service. That could give further fuel to an ad business already generating nearly US$44 billion (NZ$72b) a year in revenue for Amazon, given that Prime Video is widely estimated to have the second-largest penetration in the US streaming market after Ne...

More World

Australia’s second-quarter growth better than expected
World

Australia’s second-quarter growth better than expected

The economy grew by 0.6% in the second quarter from the prior quarter.

European budget-airline experiment's highs and lows
The Life

European budget-airline experiment's highs and lows

Hopscotching across the continent has never been cheaper or easier.

If Trump fails at peace in Ukraine
World

If Trump fails at peace in Ukraine

A war Vladimir Putin can’t figure out how to end is likely to get bigger eventually.

Doubts about SpaceX’s dominance? Look at this
Technology Opinion

Doubts about SpaceX’s dominance? Look at this

The success of the Starship test brings Musk’s dream of reaching Mars closer to reality.

Bloomberg 30 Aug 2025