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

Trendingnow

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

A rare 'super' El Niño is looking more likely. Here’s what to expect

3

If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

A rare 'super' El Niño is looking more likely. Here’s what to expect

3

If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits
TechData Sheet

Data Sheet—Thursday, July 13, 2017

By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
July 13, 2017, 8:19 AM ET

Every now and then I amuse myself by reading an Amazon.com press release. Amazon’s releases are a veritable art form in that they say as much as possible while divulging as few specific details as possible. Amazon discloses just enough to brag but far too little to learn anything meaningful.

Press releases are an important part of Amazon’s culture. Part of its quirky shtick is for executives proposing a new product or service first to write a press release envisioning the future announcement of what they’re pitching. It’s a way to make the case that pursuing the investment in question is a good idea. I wonder, though, if Amazon’s confidential, internal press releases are as void of true information as the company’s actual, public releases.

The work of art that caught my attention Wednesday was Amazon’s announcement of “the Biggest Global Shopping Event in Amazon History” on its recently concluded 30-hour “Prime Day.” This is a promotion during which customers who buy an annual Prime membership that comes with free delivery, music, videos and other goodies, get access to ultra-steep discounts across Amazon’s platforms.

How big was this historic day? The company had “hundreds of thousands of deals”—a data point big enough to drive an Amazon delivery truck through. The “event grew by more than 60%” from last year. Is that revenues? Profits? Units? Amazon doesn’t say. And what was the figure last year that 60% growth figure compares too? Nope, not saying. Amazon declared that “tens of millions of Prime members” made a purchase on Prime Day, a 50%-plus increase from the year before. These are both vague figures designed to awe without disclosing any real data.

Continuing a favorite practice, Amazon says its Echo Dot was its “best-selling device” of the shopping day. How many units does it take to be a best-seller? Amazon doesn’t say. It throws some bones to non-Amazon products too. A programmable pressure cooker sold well in the U.S. (sales figures omitted), a Moto smartphone crushed it in Spain (but you’ll have to take Amazon’s word for it because there’s no data attached to it), and its customers in India really liked a Seagate disc drive, though we don’t know how many of them liked it.

By the way, Amazon’s grand pooh-bah of retail, Jeff Wilke, appears at Brainstorm Tech next week in Aspen. I plan to push him for specifics. I won’t hold my breath.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

NEWSWORTHY

Virtual spending habits. The great digital currency bull run of 2017 screeched to a halt in early June. Shortly after hitting all-time highs—bitcoin broke $3,000 and Ethereum nudged $400—the party ended, and cryptocurrencies of all stripes plunged. Alex Sunnarborg, a researcher at Coindesk, tweeted Wednesday that bitcoin has lost 7%, Ether is down 29% and Ripple fell 39%. None of which deterred a couple of wise guys sitting behind Federal Reserve president Janet Yellen from holding up a sign visible on TV at yesterday's Congressional hearing saying "Buy Bitcoin." But the wags at Wall Street firm Morgan Stanley had a very different message: sell!.

Virtual spending habits, take two. PayPal and Apple are making nice. The iPhone maker will let customers link their PayPal accounts to their Apple ID accounts to make payments for the App Store, Apple Music, iBookstore, and iTunes. Access will be available in a limited number of countries, including the U.S., Mexico, France, Germany, and Canada.

That doggy in the window. Fast-growing, pet-sitter listing service Rover.com raised another $65 million in venture capital. Fueled in part by its acquisition of competitor DogVacay in March, the company says its net revenue will increase 200% this year. The VC money will go for international expansion, new services for sitters and owners, and marketing efforts.

Famous name hacks. Trump International Hotels said a data breach at service provider Sabre's central reservation system compromised card payment details at 14 of its properties. Crooks got information including payment card numbers and card security codes off of some of the hotel chain's reservations. And Verizon says personal data from about six million customers was accidentally left unprotected online, but it has seen no reports of loss or theft.

Under pressure. Well, many people thought 2017 was going to be a banner year for startups going public (present company included). Bloomberg notes that it hasn't turned out that way-at all. Now the back up of venture-capital backed companies valued at over $1 billion, the unicorns, is bigger than ever and a reckoning may be coming.

Double, double toil, and trouble. Photos of Jupiter's great red spot are flowing back to Earth from the Juno space probe. NASA has some of the official, unprocessed photos of the massive swirling storm up on its web site. But the real action (and the real magnificent beauty) is on the Juno mission site, where pro and amateur photogs can download the raw images and post their own edits.

FOOD FOR THOUGHT

"The future is already here—it's just not evenly distributed" goes the maxim coined by sci-fi author William Gibson. That's certainly true about self-driving cars. This week, Audi introduced a new high-end flagship for its fleet, the 2018 A8 luxury sedan, with a starting price over $100,000. It's not the car for everyone, but it's featuring some of the most advanced automated driving tech ever to be put into the hands of regular people. And eventually, per Gibson, it will available to all.

Designated as "level 3 autonomy" by the industry, the new behemoth from Audi includes an "AI Traffic Jam Pilot" feature that can fully take control at speeds up to 37 miles per hour for starting, braking, accelerating, and steering. Unlike other car companies' auto pilots, drivers do not have to put their hands back on the steering every few seconds. Audi promises:

The driver no longer needs to monitor the car permanently. They can take their hands off the steering wheel permanently and, depending on the national laws, focus on a different activity that is supported by the car, such as watching the on-board TV. As soon as the system reaches its limits, it calls on the driver to take back control of the task of driving.

IN CASE YOU MISSED IT

This Is Why The PC Market Isn’t Cratering Like It Once Was by Jonathan Vanian

What Is Net Neutrality and Why Should You Care? by Aric Jenkins

Pinterest Bolsters Ad Team With Execs from Google and Facebook by Tom Huddleston, Jr.

Microsoft Debuts AI Unit to Take on Tricky Questions by Barb Darrow

Apple Is Building a Data Center in This Country by Jonathan Vanian

Mark Zuckerberg Calls for Keeping Net Neutrality—the Real Version by Jeff John Roberts

Where AT&T Is Expanding Fastest Mobile Service Next by Aaron Pressman

BEFORE YOU GO

As if the problem of fake news wasn't serious enough, here comes the fake news backed by artificial intelligence. Researchers at the University of Washington are using machine learning programs to create fake video clips that are virtually impossible for humans to discern from real clips. Next up? Training computers to call out the fakes.

This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.
About the Authors
By Aaron Pressman
See full bioRight Arrow Button Icon
By Adam Lashinsky
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

‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
Future of WorkCOO Summit
‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
By Preston ForeJune 1, 2026
25 seconds ago
Okta’s COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself
ConferencesCOO Summit
Okta’s COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself
By Nick LichtenbergJune 1, 2026
31 minutes ago
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
AIOpenAI
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
By Catherina GioinoJune 1, 2026
2 hours ago
dario
AIAnthropic
Anthropic confidentially files its S-1 first—but the IPO race with OpenAI is just beginning
By Allie GarfinkleJune 1, 2026
2 hours ago
Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
AIOpenAI
Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
By The Associated PressJune 1, 2026
3 hours ago
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
EnvironmentData centers
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
By Marco Quiroz-GutierrezJune 1, 2026
4 hours ago

Most Popular

I wrote that Boomers were choking America’s economy. Their responses to me were revealing
Personal Finance
I wrote that Boomers were choking America’s economy. Their responses to me were revealing
By Nick LichtenbergMay 31, 2026
1 day ago
A rare 'super' El Niño is looking more likely. Here’s what to expect
Environment
A rare 'super' El Niño is looking more likely. Here’s what to expect
By Brian K. Sullivan and BloombergMay 31, 2026
1 day ago
If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits
Investing
If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits
By Shawn TullyMay 31, 2026
2 days ago
Current price of oil as of June 1, 2026
Personal Finance
Current price of oil as of June 1, 2026
By Joseph HostetlerJune 1, 2026
9 hours ago
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
Future of Work
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
By Jacqueline MunisMay 30, 2026
3 days ago
Current price of silver as of Monday, June 1, 2026
Personal Finance
Current price of silver as of Monday, June 1, 2026
By Joseph HostetlerJune 1, 2026
9 hours 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.