• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

3

Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

3

Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
TechData Sheet

Data Sheet—Thursday, April 6, 2017

By
Adam Lashinsky
Adam Lashinsky
and
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Adam Lashinsky
Adam Lashinsky
and
Heather Clancy
Heather Clancy
Down Arrow Button Icon
April 6, 2017, 8:34 AM ET

I recently used the expression “whirling dervish” with my daughter—the reference was to the frenzied manner in which my wife and I were unpacking from a trip while the young lady of the manor sat immobile, staring into my iPad—and she asked what that was. I found myself unable to explain the expression quickly.

Now I think I’ve hit on a way to sum it up, though perhaps still not for my child. It is the recent behavior of Amazon.com and its CEO, Jeff Bezos. He and his company constantly are in motion, spinning up something new, exciting, and interesting. Consider:

* TechCrunch noticed that Amazon is creating a by-invitation-only “influencer” program for celebrities and others with large social-media audiences. The e-commerce titan will pay socially notable people an unspecified bounty to include links on Amazon for products they shill in their posts. This is equal parts smart and icky. Classic Amazon.

* Bezos, whose interests are wide and varied, disclosed he’ll dump $1 billion worth of Amazon shares to fund his rocket-ship company, Blue Origin. If Bezos didn’t have a well-documented love of rocketry and space since his childhood, one might conclude he was in a my-rocket-is-bigger-than-your-rocket spat with Elon Musk, owner of SpaceX. But these two are both dead serious. I visited Blue Origin’s cavernous manufacturing site in Kent, Wash., last year. It’s no joke.

* Amazon signed a $50 million deal to stream NFL games. That’s $40 million more than what Twitter paid last year for a similar deal. The Wall Street Journal reported that Google’s YouTube, Twitter, and Facebook bid on the rights. What’s interesting about that is that sports rights are an advertising play for YouTube, Google, and Facebook, and while Netflix (which doesn’t do sports) is all about straight entertainment subscriptions, Amazon is packaging its exclusive content into its Amazon Prime service, a one-of-a-kind subscription offering.

Whirling, indeed.

Adam Lashinsky
@adamlashinsky
adam_lashinksky@fortune.com

BITS AND BYTES

BlackRock wants Cisco's CEO on its board. Chuck Robbins was nominated as a director at the world's biggest money manager, which is holding its annual meeting on May 25. Robbins would be the first tech industry executive to hold that position. He doesn't currently sit on any outside corporate boards. (Wall Street Journal)

There's much ado about batteries this week. Amazon will spend at least $70 million this year on technology from Plug Power, which makes hydrogen fuel cells that power warehouse equipment. It could also take a big stake in the company. Elsewhere, Boeing and JetBlue are among the new investors in Zunum Aero, a startup developing battery-powered jets. (Reuters, Fortune)

YouTube's streaming TV service debuts in five cities. The new offering enters a crowded market, competing with the likes of Hulu and Sling. Unlike the other services, it doesn't include some mainstream channels like CNN or Discover, but YouTube is throwing in "unlimited" cloud storage from Google so that subscribers can record programs more easily. (Fortune, NPR)

Chinese tech giant Tencent is now the world's 10th biggest company. The success of its mobile payments business on Wednesday helped drive Tencent's market capitalization higher than Wells Fargo's $275 billion. Perhaps the most extraordinary thing to consider is that the Internet giant today does very little business outside of its domestic market. (Fortune)

Automated truck startup Peloton is finalizing a big funding round. The $60 million infusion—which expands total backing to $78 million—will include existing investors like Intel, Castrol, UPS, and Volvo. (Fortune)

Data visualization company Tableau is finally offering cloud subscriptions. The software company has been slow to move away from traditional, on-premise licenses for its analytics applications but now it's introducing several new services that can be paid off over time, reports Bloomberg. Tableau's relatively new CEO, former Amazon cloud exec Adam Selipsky, wants to build more predictability into the company's revenue model. (Bloomberg)

THE DOWNLOAD

The bright side of job-killing automation. Fears that automation will kill more jobs continue to grow. An estimated 5 million U.S. factory jobs have evaporated since 2000 and most of those (88%) were lost to increased productivity due to automation, according to a study by Ball State University.

But opinions about what, if anything, can be done to reverse the trend differ greatly. Real estate billionaire Jeff Greene, who hosted his second Managing the Disruption conference on the topic of job destruction and what to do about it in Palm Beach, Fla., this week, has some ideas.

Last year, Greene raised a ruckus by saying that robotics and artificial intelligence would kill not just blue-collar factory jobs but also many white-collar careers. Paralegals, journalists, airline pilots, even surgeons could be impacted, for example. His take is that automation isn't entirely bad if it can be perfected and deployed to lower the cost of living for the middle class so that they wouldn't need to earn as much money to get by. Fortune's Barb Darrow analyzes that thesis.

IN CASE YOU MISSED IT

Spotify Is Likely Preparing for a "Crowdfunding" IPO, by Lucinda Shen

Amazon Is Worth More Than Walmart, Costco, and Target Combined, by Jeff Bukhari

BMW Just Backed This On-Demand Bus Rental Startup, by Kirsten Korosec

Billionaire Steve Cohen Is Investing in a Bloomberg Terminal Rival, by Lucinda Shen

AT&T Workers Are Planning Mass Protests, by Aaron Pressman

Tech Gadgets That Celebrities Can't Live Without, by Chris Morris

ONE MORE THING

Amazon's Alexa now has a better sense of where you are. After a software update this week, the home automation technology is now capable of making personalized suggestions—for local businesses or neighborhood restaurants—using location data. (Fortune)

This edition of Data Sheet was curated by Heather Clancy.
Find past issues. Sign up for other Fortune newsletters.

About the Authors
By Adam Lashinsky
See full bioRight Arrow Button Icon
By Heather Clancy
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & VentureElon Musk
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
21 hours ago
Dara Khosrowshahi speaks on stage and holds his palms in front of him, pressed together.
LifestyleUber Technologies
Uber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
22 hours ago
bofa
AIProductivity
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
22 hours ago
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real EstateLuxury
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
23 hours ago
David Bennahum
CommentaryMedia
I was one of the internet’s first influencers. AI just killed the whole category — and created something better
By David S. BennahumMay 24, 2026
1 day ago
Someone leafs through titles stacked in a library
AIResearch
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
1 day ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
4 days ago
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
22 hours ago
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
Real Estate
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
23 hours ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
3 days ago
This 39-year-old quit his lineman job during the pandemic and built a $50 million company in his backyard
Success
This 39-year-old quit his lineman job during the pandemic and built a $50 million company in his backyard
By Nick LichtenbergMay 23, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
6 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.