Monthly Archives: March 2012

Is Technology A Zero-Sum Game?

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Numbers Game: The rise and fall of fighting in the NHL

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David Frum: Canada can fairly claim to be the best-governed country in the world

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Cockatoos

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April Fools or not? Virgin Group launches vehicle exploring live volcanoes

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Amazon is stifling the e-commerce revolution

Gigaom

“If you’re not in first place, then you’re in last.” —Ricky Bobby, “Talladega Nights: The Ballad of Ricky Bobby”

Amazon, the world’s largest Web retailer, is clearly in first place. So who is number two and prepared to challenge Amazon? Struggling to think of an answer? Me too. That is terrible news for consumers and for Amazon’s competitors.

As the president and CEO of Zmags, I’ve thought a lot about how companies can compete with Amazon, and I believe e-commerce needs healthy competition to sustainably innovate. But for that to happen, we need to fundamentally change the old e-commerce model.

Amazon continues to defy gravity deep into its second decade. A $40 billion dollar company trading for 70 times next year’s expected earnings just doesn’t seem right. Its third quarter, 2011 profit margin was 58 basis points. It’s as if Amazon is committed to margins below supermarkets.

Here’s…

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Roses #shared

LibGrl

via Instagram http://instagr.am/p/I19xFbgz1C/, March 31, 2012 at 11:17AM

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Canadian potato farmer Henk Tepper set to arrive in Ottawa Saturday after being released from Lebanese prison

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