| Today's Top 3 Stories | | #1 | Would Amazon Prime be worth $119 a year? | | | During the company's fourth-quarter earnings call Thursday, Amazon announced that it might have to raise the annual membership by as much as $40 from its current $79. (Marketwatch)
Why This Is Important: If people are willing to pay the increase, Amazon will have to go out and buy a bigger safe to stash all its cash. If it doesn't work they are shooting one of its biggest cash cows.
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| | #2 | Nadella to be named Microsoft CEO; Gates out, too, report says
| | | Microsoft's cloud chief, Satya Nadella, will lead the company as its next chief executive, according to a report from Bloomberg. (ComputerWorld)
Why This Is Important: Nadella is clearly capable, having overseen the transformation of Windows Live Search into Bing, but critics say he has no experience actually leading.
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| | #3 | Walmart Lowers Profit Forecast
| | | Walmart lowered its profit expectations for the latest quarter, citing cuts to food stamps and an especially tough winter. (NY Times)
Why This Is Important: It is not a good sign when a retailer is banking on food stamp income to meet its financial targets.
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"It is now 1984. It appears IBM wants it all. Apple is perceived to be the only hope to offer IBM a run for its money. Dealers, originally welcoming IBM with open arms, now fear an IBM dominated and controlled future. They are increasingly turning back to Apple as the only force that can ensure their future freedom! IBM is aiming its guns to the last obstacle to industry control—Apple. Will Big Blue dominate the entire computer industry? The entire information age? Was George Orwell right?" - Apple CEO Steve Jobs introducing the Macintosh on Jan. 24, 1984.
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