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

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
TechData Sheet

Data Sheet—Friday, April 14, 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 14, 2017, 8:43 AM ET
Add Fortune on Google for similar content.

Investors, executives, and anyone who merely wants to be good at their job hang on the words of Jeff Bezos, CEO of Amazon.com. He published 1,782 of them Wednesday in his annual letter to Amazon’s shareholders. I recommend reading each one of them.

Bezos’s pearls of wisdom are repetitive, by design. He discusses similar concepts year after year, tweaking them for new realities. Delighting customers is a constant. The importance of being willing to reverse direction is another hearty Bezos perennial.

I particularly liked two of his themes this year that constitute fresh material in the Bezos oeuvre. The first is his insistence that managers monitor and adopt important external trends. “These big trends are not that hard to spot (they get talked and written about a lot), but they can be strangely hard for large organizations to embrace,” he writes. “We’re in the middle of an obvious one right now: machine learning and artificial intelligence.” He goes on to discuss the visible and less obvious ways Amazon is utilizing machine learning and AI. But his notion that the important trends aren’t hard to spot is non-trivial. Too many organizations spend too much debating if something is going to be big. If you’ve spent that much time debating it, it’s probably too late.

Bezos also shared his thinking on how high-performance teams should work together—including with their bosses and also when they disagree with each other. “Recognize true misalignment issues early and escalate them immediately,” he writes. “Sometimes teams have different objectives and fundamentally different views. They are not aligned. No amount of discussion, no number of meetings will resolve that deep misalignment. Without escalation, the default dispute resolution mechanism for this scenario is exhaustion. Whoever has more stamina carries the decision.”

For escalation to work, of course, a team’s manager has to be good and also has to be willing to be overruled. Bezos gives an example of his being overruled, though one senses his example is the exemption rather than the rule.

The point is that he demands fast action and quick resolution when people disagree. Exhaustion with disagreement is something anyone who works in a large organization can understand all too well.

Have a good weekend.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

BITS AND BYTES

It looks like Apple is interested in Toshiba's chip business, too. The iPhone maker may team up with its biggest supplier, Foxconn, on an offer for the Japanese conglomerate, reports Japan's largest broadcasting network. SoftBank may or may not be involved. Apple wouldn't be all-in. One idea is for it to take a minority ownership stake in the business, along with another company or two, in a scenario that would leave local Toshiba executives in control. (Reuters, Bloomberg)

GM plans to hire way more self-driving car engineers. The biggest U.S. automaker is investing more than $14 million in a San Francisco research and development facility and plans to create at least 1,100 more jobs there over the next five years. GM is already testing a fleet of about 50 automated Chevrolet Bolt vehicles in San Francisco, Detroit, and Scottsdale, Ariz. (Reuters, New York Times)

Yes, some businesses still run Microsoft Vista. Around 10% still have at least one computer running the 10-year-old operating system. So Microsoft's decision to end support, while not a surprise, will definitely be an inconvenience. (Fortune)

Up next for Tesla, an electric truck. The company's founder Elon Musk expects to introduce a semi in the September timeframe, with a pickup model planned for about two years from now. Tesla's much-anticipated Model 3, a competitor to the Chevy Bolt, should be available in limited production this summer. (Fortune, Fortune)

Uber could suspend services in Italy and Denmark next week. The company said last month it plans to cease Danish operations because it won't comply with new regulations, and that day is coming next Tuesday. Its fate in Italy is also uncertain: it could be off the road there by Monday after losing a lawsuit by drivers that alleges Uber violates local laws related to competition in the taxi business. (Wall Street Journal)

IN CASE YOU MISSED IT

Amazon Is Opening Up This Echo Feature to Other Manufacturers, by Leena Rao

What the Snapchat Lawsuit Means for Snap Stock Investors, by Jen Wieczner

Expectations for Apple Watch and Fitbit Are Still Dropping, by Aaron Pressman

The Engineer Who Blogged About Sexism at Uber Has a New Gig, by Polina Marinova

Here's When You Can Expect Microsoft to Unveil the New Xbox, by Jonathan Vanian

ONE MORE THING

If you want a classic Nintendo console, you better move quickly. The video gaming giant is discontinuing the "retro" product that it introduced last fall, despite its unexpected popularity. It looks like its newest system, Switch, will do just fine when it comes to picking up the slack. Nintendo sold more than 900,000 of the consoles in the United States last month, far more than analysts had projected. (Fortune)

MARK YOUR CALENDAR

MuleSoft Connect: Connect apps, data and devices. (April 18-20; San Francisco)

F8: Facebook's developer conference. (April 18-19; San Jose, Calif.)

Marketing Nation Summit: Marketo's annual event for digital marketers. (April 23-26; San Francisco)

JiveWorld: Strategies and technologies for workplace collaboration. (May 1-3; Las Vegas)

Data Citizens: Strategies for data governance. (May 2-3; New York)

Apttus Accelerate: Perspectives on automating the "quote-to-cash" process. (May 2-4; San Francisco)

Collision: A tech conference created by the organizers of Europe's Web Summit. (May 2-4; New Orleans)

Red Hat Summit: The premier open source technology event. (May 2-4; Boston)

Knowledge17: ServiceNow's annual customer gathering. (May 7-11; Orlando, Fla.)

Gartner IT Operations Strategies & Solutions Summit: How to accommodate cloud services and other "digital" technologies. (May 8-10; Orlando, Fla.)

Gartner Digital Marketing Conference: Actionable advice about martech. (May 10-12: San Diego)

Outperform: The PROS annual conference about omnichannel commerce technology. (May 10-12; Chicago)

Build: Microsoft's annual conference for software developers. (May 10-12; Seattle)

MarkLogic World: Enterprise database strategies and insights. (May 16-17; Chicago)

Google I/O: Alphabet's annual developer conference. (May 17-19; Mountain View, California)

Epicor Insights: Strategies for retail and resource planning. (May 22-25; Nashville)

Signal: Twilio's annual developer confab. (May 24-25; San Francisco)

Apple Worldwide Developer Conference: An annual gathering of iOS, macOS, and watchOS coders. (June 5-9; San Francisco)

Zuora Subscribed: A conference dedicated to the subscription economy. (June 5-7; San Francisco).

Pure//Accelerate: The future of data storage. (June 12-14; San Francisco)

MongoDB World: A gathering of the world's fastest-growing database community. (June 20-21; Chicago)

Cisco Live: Education for technology innovators. (June 25-29; Las Vegas)

.NEXT: Nutanix's conference on the future of enterprise cloud services. (June 28-30; Washington, D.C.)

Fortune Brainstorm Tech: An invitation-only summer retreat for business leaders. (July 17-19, Aspen, Colo.)

Microsoft Ignite: Hands-on learning and industry insights for business leaders. (Sept. 25-29; Orlando, Florida)

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
Add Fortune on Google for similar content.

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
  • TikTok icon
  • YouTube icon

Latest in Tech

EU says TikTok failed to shield minors’ accounts from adults, exposing kids to predators
CybersecurityTikTok
EU says TikTok failed to shield minors’ accounts from adults, exposing kids to predators
By Sam McNeil and The Associated PressJuly 24, 2026
2 hours ago
Vladimir Putin and Xi Jinping shaking hands
PoliticsChina
China adds 14 European firms to export control list in tit-for-tat over EU’s Russia sanctions
By The Associated PressJuly 24, 2026
2 hours ago
t
EnergyWhite House
Trump promises cheaper power from data centers. Analysts say bills could jump 40%
By Josh Boak, Matthew Daly and The Associated PressJuly 24, 2026
4 hours ago
sk
LawSouth Korea
South Korea’s ‘divorce of the century’ results in order for SK chair to pay ex-wife $640 million
By The Associated PressJuly 24, 2026
5 hours ago
brockman speaks on stage
AIOpenAI
OpenAI President says rogue AI attack on Hugging Face ‘is indicative of the times we are in’ as the company continues to investigate incident
By Emily ForliniJuly 24, 2026
5 hours ago
craig
CommentaryPharmaceutical Industry
Big pharma’s patent cliff meets a new biotech Cold War: We need to outrun China, not outlaw it
By Craig GarthwaiteJuly 24, 2026
5 hours ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
10 hours ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
1 day ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
1 day 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.