Of all the big firms in Silicon Valley, Amazon had the most to lose from Donald Trump’s presidency. And lose it did, albeit briefly, its share price dropping 5% shortly after the election.
During the campaign, Trump warned that Amazon had a “huge antitrust problem” – a reasonable stance for the populist that he once aspired to be. Most likely, though, his animosity had more to do with the fact Amazon’s founder, Jeff Bezos, also owns the Washington Post, an influential newspaper that took an early strong dislike of Trump. By the time of Amazon’s massive cloud-computing conference, which kicked off in Las Vegas at the end of November, such squabbles seem to have been forgotten. Amazon went on to wow the audience with impressive gimmicks. Did you know it has a truck – yes, a real truck – to drive your data to the cloud? Apparently, it’s much faster than using networks.