Headline, August 17 2021/ ''' '' TECH -THANK YOU- TENS '' '''

''' '' TECH -THANK 

YOU- TENS '' '''

THE WORLD STUDENTS SOCIETY is doing just about very, very great, thank you, all students! You all, - the entire students of the world, are now the very proud eternal owners of !One-Share-Piece-Peace!

Welcome to Mankind, Grandparents, Parents, Students, Professors and Teachers of the entire world. The wind is so strong it blew The World Students Society into another universe. Here, then, is platform to build a world to your own linking and for the future generations.

With a multiplier of over 31,000 - the wind is totally blowing in the direction of The World Students Society, it's for the Heroic Global Founder Framers to set the sails accordingly. Great things must be attempted. And only great things done.

IN APRIL 2020 - WITH THE WHOLE WORLD IN DEADLY STRANGLE of the pandemic, Jeff Bezos, Amazon's chief executive and the world's richest man, announced that he was focusing on people - rather than profits.

Amazon would spend about $4 billion in the next few months 'providing for customers' and protecting employees,'' he said wiping out the profit the retailer would have made without the virus.

It was a typically bold Amazon announcement, a shrewd public relations move to sacrifice financial gain at a moment of misery and fear Mr. Bezos said this was ''the hardest time we've ever faced'' and suggested the new approach would extend indefinitely. ''If you're a shareowner in Amazon,'' he advised, ''you may want to take a seat.''

At the end of July 2020, Amazon announced quarterly results. Rather than earning zero, as Mr. Bezos had predicted, it notched an operating profit of $5.8 billion - a record for the company. The months since have established more records. Amazon's margins, which measure the profit on every dollar of sales, are the highest in the history of the company, which is based in Seattle.

After stepping aside as chief executive early this month, Mr. Bezos flew to suborbital space for 10 minutes last week. Upon returning, he expressed gratitude to those who had fulfilled this lifelong dream. '' I want to thank every Amazon employee and every Amazon customer, 'cause you guys paid for all this,'' he said.

Mr. Bezos was the only chief executive of a tech company to enter zero gravity in his own spaceship in the past year. But Amazon's pandemic triumph was echoed all over the world of technology companies.

The coronavirus pandemic has killed more than 610,000 Americans, and the Delta variant is now surging. But even as corporate bankruptcies hit a peak, and as restaurants, airlines, gyms, conferences, museums, department stores, hotels, movie theaters and amusement parks shut down as millions of workers found themselves unemployed, the tech industry flourished.

The combined stock market valuation of Apple, Alphabet, Nvidia, Tesla, Microsoft, Amazon and Facebook increased by about 70- percent to more than $10 trillion. That is roughly the size of the entire U.S. stock market in 2002. Apple alone has enough cash in coffers to give $600 to every person in the United States.

Silicon Valley, still the world headquarters for tech start-ups, has never seen so much loot. More Valley companies went public in 2020 than in 2019, and they raised twice as much money when they did. Forbes calculates there are now 365 billionaires whose fortunes drive from tech, up from 241 before the virus.

Silicon Valley made the tools that allowed the world and the Americans, and the American economy to survive the pandemic. People got their jigsaw puzzles, air purifiers and digital thermometers delivered by Amazon instead of picking them up two blocks or two miles away. The consumer economy swerved from local to national.

Tech is triumphant in a way that even its most evangelical leaders couldn't have predicted. No single industry has ever had such power over American life, dominating how we communicate, shop, learn about the world and seek distraction and joy.

What will Silicon Valley do with this power? Who, if anyone, might restrain tech, and how much support would be available? Wealth and the ability to command and control tend to produce hubris more than modesty.

As algorithms and artificial intelligence rearrange people into marketing groups, it's uncertain - to put it politely - how aware the tech industry is of the potential for abuse, especially when it generates profits.

With the House Judiciary Committee's recent vote to advance a series of bills that aim to reduce the power of the most dominant tech companies, and with President Biden appointing regulators who have sharp views of Big Tech, these issues are finally set for a wider debate.

It has been tumultuous 18 months, and even the tech companies are having trouble absorbing what happened.

PayPal, the digital payments company, had $325 million active accounts for the pandemic. It reported 392 million in the first quarter. ''The winds were blowing in our direction, but we had to set the sails,'' said Dan Schulman, the chief executive.

The Honor and Serving of the Latest Global Operational Research on Times, Tech and Virus, continues. The World Students Society thanks author David Streitfeld.

With respectful dedication to the Tech giants all, and then Students, Professors and Teachers of the world. See Ya all prepare and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter - !E-WOW! - The Ecosystem 2011 :

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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