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more damage to each other in a good, competitive way. amazon right now is taking google s search business because they collect so much data on us and all of a sudden microsoft is growing their cloud faster than amazon. if you just let the marketplace take care of itself these companies are going after each other. there have been smaller players out there. the hottest stock this week is etsy and way fair, stitch fix up 25%. you can compete in this world. bill: if i knew you better i would think you were a capitalist. ocasio-cortez went after the head of wells fargo yesterday. it was a tweet that relates to facebook. just because a monopoly business happens to be online doesn t mean it s good. facebook may have its own problems but is looking like our society. our democracy has a facebook problem. how did you read that?
to take antitrust action against you. i don t think they have done anything wrong. they have gotten large by being great and running their business very well. but the future could be different as their search business has grown tremendously, right now over half of all searches for products on the internet are done on amazon.com and they re buying up a lot of google search share. secondly, their home automation through alexa is the leading home automation device. so if that s the closed system and the only way of getting action is through the home automation i see this in the future of it might be critically important along the lines of what we have seen in the lot of antitrust cases over the years. microsoft got into trouble over tying internet explorer with their windows product. i don t see the clock getting turned back. i lack your credentials in this regard. but i think we are all now so
party market place and amazon pays little or no taxes. so it is a great company, but they don t have to make any money. and everyone else does. and as our business shifts from bricks and mortar to line oig, we see lower profitability and yet we are supposed to make money. so they don t have income, so that brings you you to the last topic that has been increasingly on everyone s mind, is there some form of antitrust action that should be taken or required against amazon. now, by highway my way of think have to do something wrong. and i don t think that they have done anything wrong. they have gotten large by being great, by running their business well. but future could be different as their search business has grown tremendously, right now over half of all searches for products on the internet are done on amazon.com and they are buying up a lot of google search. so they are controlling a huge part of the search market.
currency. watch google shares today. separating out the advertising and search business from the diverse unprofitable moon shots. the umbrella company will be called alphabet. it is run by larry page and sergei brinn. some of the departments will spin off to their own umbrella company. state of emergency. a toxic spill turning millions of gallons of river water orange from colorado to new mexico. a disaster. i ll bring that to you next. many wbut hope.ms come with high hopes, doesn t work on wrinkles. neutrogena® rapid wrinkle repair has the fastest retinol formula. to work on fine lines
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