RUMOR MILL
Tuesday, September 4, 2018
TRILLION $ BABY
For a short while Tuesday, Amazon joined Apple as the second American company valued at more than $1 trillion.
At the end of the day, when its stock was up about 1.3% to $2,039 a share, the company was valued at $994.16b. By comparison, Microsoft and Google have market caps between $850b and $840b.
Amazon is closing in taking half of every e-commerce dollar in the U.S. and could soon generate $200b in revenue in year, far less than Apple. In the coming year, though, Amazon and Apple will be going head-to-head on one another’s turfs—streaming video and music and increased capabilities of digital assistants. It's Alexa vs. Siri: Let’s get ready to rumble.
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
