Worried about Amazon.com Inc? Don’t be

Amid all the chatter about Amazon.com Inc.’s sharp profit decline in the second quarter reported on Thursday, the stock only fell slightly the next day. Yes, the online retailing giant posted a 77 per cent drop in quarterly revenue, North American and International operating margins contracted, and Q3 operating income guidance was significantly lower-than-expected, but…

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Tech improvements are becoming so dramatic that charts are basically pointless

Nathaniel Bullard Fifteen years ago, Japan’s Earth Simulator was the most powerful supercomputer on Earth. It had more than 5,000 processors. It consumed 6,400 kilowatts of electricity. It cost nearly US$400 million to build. Two weeks ago, a computer engineer built a “deep learning box,” using off-the-shelf processors and components, that handily exceeds the Earth Simulator’s…

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