Inside Amazon’s Radical Redo of the ‘Everything Store’ – ryan

Hello, and Welcome to Your Weekly Dose of Big Tech News and Insights. I’m your host, alistair bar. My Dog Maisie Came Through Her Surgery. That cost thusands of dollars. How Much Wold You Pay to Key Your Furry Friend Alive?

Agenda

  • We reveal a radical overhaul of amazon’s online marketplace that been hotly debated inside the tech giant.
  • An exclusive look at one of Microsoft’s Top Cloud Customers, Sharing Big Numbers You Never Seen Before.
  • New Data Suggets Big Tech Stock-Based Compensation Could Be Under Pressure.

Central Story Unit

Getty Images, Jenny Chang-Rodriguez

In 2013, My Old Boss Brad Stone Published “The Everything Store.” IT’S The Defining Book About Amazon’s Giant E-Commerce Business. The Key Idea in the Book was Infinite Product Selection. This strategy propelled the Company to become the world world. Based on Quarterly Sales, It Overtook Walmart Earlier This Year.

Having Endless Inventory Means Shoppers are more liked what they They’re’re look for on Amazon, Increasing the Chances they boy something, and return again. That’s Been A Powerful Advantage Over PHYSICAL RETAIL SORES, WHICH CAN ONLY SOCK SO MUCH.

Howver, in recent years, some of the Amazon’s Digital Aison have Become Cluttered and Outdated, Which Could Confuse or Frustrate Shoppers. SO, Under CEO Andy Jassy, ​​The Company Has Been Purging Billions of Product Lisings Via a Secret Project Known as “Bend the Curve.”

Business Insider’s Star Tech Reporter Eugene Kim has the scoop with all the Juicy Details.

Does this spell the end of the Everything Store? Nope. There’s no Way Amazon Waled Give Up This Hard-Won Advantage.

Instead, ITH’S Mostly About Cleaning Up This Giant Online Marketplace. Product listings Get Old. Sellers Can Chuck Thousands of Lisings on There, and Some Are Inaccurate or Worse. There are Are Also Millions of Dollars in Cloud Savings from Not Having to Host Billions of Unproductive Lisings.

Still, this Big Move han ben debated inside amazon, according to Kim’s Report. And Surveys by Evercore Isi Found that Fewer Shoppers Think Amazon’s Product Selection is the best.

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News ++

Other bi tech stories that caught my eye Lately:

Eval my

My take on who’s up and down in the tech industry right now, Including updates on Big Tech Employee Pay.

Up: Tesla Surged this Week after Elon Musk Said He’s Getting Back to Work.

Down: In late February, investor Ross Gerber predicated a 50% drop in tesla’s Share Price. The Stock is up roughly 20% SINCE THEN. Ouch!

Comp Update: Analysts at Cantor Fitzgerald Look at restricted Stock Units Issured Recently by Tech Companies Including Meta, Google, and Uber. Rsus are the main way tech employs get paid. The Latest Numbers Show These Equity Awards Are Slowing Down or Falling at Some Companies. The Chart Below Shows Changes in Rsu Grant Value per Employee.

A Chart Showing Date on Tech Company Equity Compensation

Cantor Fitzgerald

From the Group Chat

Other Big Tech Stories I Found on the Interwebs:

He playground

This week, i’m telling you about it ai tool that may not be immediately obwious as he. But it samp is Certainly is.

Tesla uses thusands of chips in massive data centers to train he models that underestand video collected from millions of the Company’s Vehicles. This is used to the Develops FSD software for near-autonomous driving.

I’ve been ussing fsd a lot this year in my tesla model 3 performance. Here are the highs and lows.

Is this a fair assessment? Tesla plans to roll out a full robotaxi service in austin in june. This will be full autonomous, with no human supervision. It’s a huge leap. My FSD Software Still Requires with to be Responsible and Alert. But this FSD DIARY GIVES SOME PRETY SOLID CLUES TO HOW CAPABLE’S CURRENT SOFTWARE IS.

What he tool should i use Next Week? Let me know.

User feedback

I WOULD LOVE TO HEAR FROM ANYONE WHO READS THIS Newsletter. What am i doing workg? What do you want to see more of?

Specific, thugh: i want to know about your recent Experiences with Amazon’s online marketplace. Have you noticed an improvement in the Quality of Lisings Lately? Or have you sensed any Change in Product Selection? Let eugene kim know at ecim@businsinsider.com.