Technology Roundup – Trump blames Amazon again for postal service woes; Amazon, Toyota team on data services

特朗普再次称美国邮政的问题出在亚马逊;亚马逊与丰田达成数据合作
Published on: August 17, 2020
Author: Amy Liu

Trump blames Amazon again for postal service woes

President Trump once again attacks Amazon (NASDAQ:AMZN) for the U.S. Postal Service’s financial troubles.

Trump, speaking on “Fox & Friends”: “Amazon and other companies like it, they come and they drop all of their mail into a post office. They drop packages into the post office by the thousands and then they say, ‘Here, you deliver them.’ We lose $3 and $4 a package on average. We lose massive amounts of money.”

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Apparently referring to CEO Jeff Bezos, Trump says, “This guy is supposed to be so wealthy, so let him pay for it.”

Trump’s Amazon-related postal service attacks trace back to 2017.

Amazon, Toyota team on data services

In a collaboration expansion, Amazon Web Services (NASDAQ:AMZN) will help Toyota Motor (NYSE:TM) with data gathered from its global fleet of vehicles.

Toyota’s Mobility Services Platform will help the company process and analyze data to develop vehicle services, insurance products, and maintenance notifications.

Last month, AWS expanded its partnership with Volkswagen to co-develop a marketplace for industrial applications, a project that was first teased in March 2019.

Tencent hires first Washington lobbyist amid WeChat crackdown

Tencent (OTCPK:TCEHY,OTCPK:TCTZF) has hired Roberto Gonzalez, who formerly served as Treasury Department deputy counsel and currently is a partner at Paul, Weiss, Rifkind, Wharton & Garrison, according to a new filing flagged by Politico.

Earlier this month, President Trump issued executive orders warning that Tencent’s WeChat and TikTok could “allow the Chinese Communist Party access to Americans’ personal and proprietary information.”

TikTok owner ByteDance previously hired lobbyist Michael Beckerman and maintains four outside firms.

SoftBank discloses Amazon, Nvidia stakes

In regulatory filings, SoftBank (OTCPK:SFTBF,OTCPK:SFTBY) reveals it has built a roughly $1.2B stake in Amazon.

The group also has stakes in Netflix, Tesla, Microsoft, and Alphabet.

After exiting Nvida last year, SoftBank now discloses a stake worth about $220M. Nvidia is reportedly the top bidder for SoftBank’s chip unit Arm.

Last week, SoftBank Chief Executive Masayoshi Son announced a new $555M asset management firm for investing in public stocks. 

Samsung manufacturing IBM’s new data center chips

IBM (IBM -0.3%) reveals the IBM Power10 chip, which is designed for enterprise hybrid cloud computing and use in data centers.

IBM says the Power10, which will be available in H2 2021, can perform AI computing tasks up to 20x faster than the previous generation.

Power10 is IBM’s first commercialized 7n processor. Samsung (OTC:SSNNF,OTC:SSNLF) will provide the manufacturing.

Rival Intel leads the market for data center CPUs and both designs and manufacturers its own chips. Intel recently said its 7nm products are delayed due to a defect mode in the process.

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