{"id":155642,"date":"2014-11-02T20:40:52","date_gmt":"2014-11-03T01:40:52","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/i-get-it-if-you-dont-make-money-for-2-or-3-years-but-amazons-21.php"},"modified":"2014-11-02T20:40:52","modified_gmt":"2014-11-03T01:40:52","slug":"i-get-it-if-you-dont-make-money-for-2-or-3-years-but-amazons-21","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/i-get-it-if-you-dont-make-money-for-2-or-3-years-but-amazons-21.php","title":{"rendered":"&#39;I get it if you don&#39;t make money for 2 or 3 years, but Amazon&#39;s 21&#39;"},"content":{"rendered":"<p><p>    QuoTW The EU's digital office        has warned this week that Hungary's proposed tax on ISPs    can't become a precedent in Europe. Ryan Heath, spokesperson    for digital czar Steelie Neelie Kroes, told El Reg:  <\/p>\n<p>      This must be seen in a wider context as part of a pattern to      limit media and internet freedom. That is why it is so      important to tackle this now before a law is enacted. We have      seen the pattern in Hungary where they announce a very tough      law and then they moderate it in an effort to seem      reasonable. But we cannot allow this issue to fade away.    <\/p>\n<p>    Hungarian Prime Minister Viktor Orban plans to impose a tax on    internet service providers of around 0.50 per gigabyte of data    that travels over their networks, capping it at about 2.26 a    month for individuals. Heath said that the tax was wrong and    could force folk off the 'net:  <\/p>\n<p>      It wont work, because you cannot tax a global common      resource like the internet unilaterally. Furthermore, by      targeting data they are getting it doubly wrong, because its      impossible to predict data flows!    <\/p>\n<p>    Thousands of protestors took to the streets in peaceful protest    over the tax this week. One protestor told The Reg:  <\/p>\n<p>      As a symbol of independence and importance of the media, we      were holding our cellphones in the air, emphasising that we      will remain connected, no matter what law they to put in      place.    <\/p>\n<p>    Meanwhile, ex-Microsoft CEO Steve Ballmer has lost none of his    outspoken ways now that he's left Redmond. In an interview with    Charlie Rose,     Ballmer said that Amazon wasn't a real company because it    had failed to make any profit in two decades:  <\/p>\n<p>      They make no money, Charlie. In my world, you're not a real      business until you make some money. I have a hard time with      businesses that don't make money at some point.    <\/p>\n<p>      I get it if you don't make money for two or three years, but      Amazon's what  21 years old  and not making money.    <\/p>\n<p>      If I was a share owner, it's an expensive company  market      cap of $150bn almost  eventually, if you're worth $150bn,      eventually somebody thinks you're gonna make $15bn pre-tax      and they make about zero, and there's a big gap between zero      and 15.    <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Link: <\/p>\n<p><a target=\"_blank\" href=\"http:\/\/go.theregister.com\/feed\/www.theregister.co.uk\/2014\/11\/02\/quotw_ending_november_1\" title=\"&#39;I get it if you don&#39;t make money for 2 or 3 years, but Amazon&#39;s 21&#39;\">&#39;I get it if you don&#39;t make money for 2 or 3 years, but Amazon&#39;s 21&#39;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> QuoTW The EU's digital office has warned this week that Hungary's proposed tax on ISPs can't become a precedent in Europe. Ryan Heath, spokesperson for digital czar Steelie Neelie Kroes, told El Reg: This must be seen in a wider context as part of a pattern to limit media and internet freedom. That is why it is so important to tackle this now before a law is enacted.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/i-get-it-if-you-dont-make-money-for-2-or-3-years-but-amazons-21.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-155642","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/155642"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=155642"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/155642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=155642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=155642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=155642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}