>> look, i was actually at amazon when amazon acquired and saw a bunch of those in action. let me remind you that india is much different from china in a lot of perspectives. the output of that, you say the facebook off india is actually facebook. the google of india is google and amazon of india is also becoming amazon. it's not flip card. right now, although there has been a tug of war, amazon right now is clearly winning. the key to that has been definitely the long term investment that they have made in india and the customization that amazon has been able to do in the indian market. they launched a marketing rogram that says we indians. imagine amazon launches we indians love shopping and love low prices. they have taken what they call chai cards in the streets and educated the indian mass about the e-commerce markets. emily: we'll be following that sale over the next couple of ays. david, you are sticking with me. still to come, apple has yet to confirm it's unveiling a new iphone next month. we learned about some key upgrades in the works, are they enough to bring a

amazon would be bigger than the entire funds. with respect to warren somebody asked him a few weeks ago about this. and he said i can't out bezos, bezos. they were asking about walmart versus amazon. people have misunderstood it for most of its history. claiming it didn't make any money. one of the things compared to facebook and google is that amazon's addressable market is so much bigger than google. and amazon is attacking the global retail market which is trillions of dollars as well as the corporate and interest prize computation market in the cloud. so even with a $360 billion market cap. anthony: what is the unique thing about jeff bezos' management style? >> he's relentslessly rational. everything is dat driven. and he deliver dozen value to the customers. one of the things jeff did even with amazon prime. start out with amazon prime and you keep giving more and more things to the prime customers, then you raise the price after you deliver a lot of value. anthony: maria, you are an amazon user? maria: i am. it's a vast us

this is a longer plan for amazon. not sure that i would make a trade on amazon or apple or netflix on this. >> feeds the prime members. for me, i live by amazon and they keep offering these side products. but ultimately, it feeds into their beast and you wind up getting that 80 bucks a year, whether the number is, doesn't matter. same thing with netflix, i just pay it. because i use it. i think it just feeds the beast. >> you're all tied up. used to talk about the apple, now, the it's amazon. >> smart and strategic. the average streaming user uses it two hours a day. that's two hours a day more than amazon has you locked in. they can show you things. give you product announcements. it's just bringing that consumer, putting their arms around in a way that's significant for the long-term. >> pandora's been living through this entire dynamic. it's moves the 14 bucks. i wouldn't run from it. > best buy surging today in the options pit in a frenzy. mike? >> yeah, we saw well over ten times the average daily options volume

amazon's stats are much lower.oung basehis very of users and to hook them and they need to add all the social features. a conjoint one of over 1000 special interest groups, you can watch live feed from your favorite blog or testing out your favorite makeup or read your favorite news feed. that is what keeps them coming back for more. reny: it seems like the numbers are not playing out on that just yet. definitely an envy. what is the disconnect in terms of the companies? celine: facebook has tried to get people to shop and insight, they have added the buy button. and thing with twitter interest and amazon has not made any major inroads into social network. there is a host of reasons why there are these differences but the main one is china has his enormous base that is growing and they are used to the extremely cramped interfaces. to a typical western smartphone user it would be overwhelming. so because of that the chinese ecosystem these companies have an able to put everything altogether, you can look at reach ou

amazon will continue working together with companies like ups, dhl. growth could be limited to those corporations at least when it comes to business with amazon because amazon tries to offer much more of those last mile deliveries by themselves or if you look at it recently, amazon actually has a license for their own airplanes so not just for the last mile but for a broader delivery. amazon is looking for alternatives so those companies will still cooperate maybe not as much as we have seen in the past. the logistic companies might feel it in the future. fanny: thank you for your analysis. in argentina, gas, electricity, transport prices have believed rapidly over the last four months at least for private customers. development as a result of the president's attempts to rein in the country's budget deficit by slashing the massive subsidies that held prices down for so long. >> protests against the president's austerity measures have been escalating for weeks. the resistance is hardly surprising. the price of household gas again exploded by 400%. but

to 10% moret 8% expensive than amazon.een trading the same lines as amazon, sometimes even cheaper than amazon.com. this is a good game for walmart to sort of take a look at what the pricing technology is and bring that in-house, and potentially grow their e-commerce business. emily: the way this algorithm works, the more you buy, the cheaper it gets. the algorithm encourage you to buy in bulk. i spoke to mark lohr. listen to what he had to say. >> we do not see amazon or anyone else as a direct competitor. we see a $300 billion market in the u.s. growing. we think this space plays to multiple players. emily: david, i want to bring you into this. amazon is far and away the leader in e-commerce, is this a play for number two? can walmart ever be number one? >> the simple answer to that is no. i do not think there is any near-term scenario where walmart will be number one in e-commerce. i cannot imagine that. if you listen to what we say here, it is for talent. $3 billion worth of talent. it is to get a better pricing method

nobody can beat amazon in convenience.going to get you the box in two days, maybe one day. you probably cannot beat them on selection. jet.com folks have been able to do is beat amazon on price, find opportunities to create a brand that will speak to economic minded consumers. emily: we have been digging into some charts on the terminal. the walmart e-commerce business is not only declining as a percentage of its overall business, but their online business grew just 7% this quarter. is it worth it? >> in this game of e-commerce it is either grow fast or die slow and walmart realizes they see decline in the e-commerce sector. for them, it is a game of how to get back into the war. the crowned jewel is the pricing technology that jet has built. we have tracked amazon, walmart, and jet over the last year or so, and as brad pointed out, we have seen walmart.com has been expensive. roughly about 8%-10% more expensive than amazon. whereas jet has been trading the , same lines as amazon, sometimes even cheaper than amazon.com. th

can walmart use jet.com to take on amazon? this is bloomberg. ♪ emily: can walmart turbocharge the e-commerce business? the big retailer is hoping to do just that with a $3.3 billion, acquisition of jet.com. it has been a tough stretch for walmart as they put billions of dollars into the online operation and they still trailed amazon by a long shot. can jet.com help turn things around? we spoke to david kirkpatrick and brad stone, and a former employee at amazon and ebay. this is such a young company and they say they process 24,000 orders a day, adding 400,000 shoppers a month, but there are reports that have been struggling. this is the best way for them to spend $3 billion? >> first of all, let's discard the numbers. it is a year old company. look to the left or right of you are any of those people jet.com customers? probably not. i have to go back to my book, the amazon acquisition of quincy. six years ago walmart stepped up to the deal and was talking to a company and through a combination of distraction and lack of faith

like amazon for example would definitely share that same vision.panies are built that way. we enter the very active agenda and say, this is how companies should work, putting consumer interest first and that will reate the most long-term sustainable shareholder value. emily: one thing that is interesting, you are investing in things that people will definitely use but will need like energy, education not consumer products that they may or may not use. >> exactly. emily: tell me about the specific kinds of services that you are focused on. >> we look at what we call basic services as opposed to discretionary services, energy, education, access to finance. these are core products that improve standard of living everywhere. what we do is we find companies that can take existing technologies and put together a product that creates access to that service. that means, taking something really standard like solar panels. how do you create an electricity service for rural, sub-saharan africa? sing technology everywhere and developing business models around

customer. >> me, too. >> and i'm a huge book amazon customer and can't imagine going into any amazonor any reason. in fact -- >> because you wouldn't go into any bookstore? >> the strategy of alastair touched on, kindle, echo, i have no interest in amazon for that stuff and kind of -- i can't imagine that a lot of prime customers who are not already prime customers will jump into a bookstore and become a prime customer. doesn't sound right. as a branding and marketing extension, i totally get it. >> and we'll see. people visit the bookstores, maybe they buy a few more products. thank you again. that's alastair and daniel talking amazon today. >> thank you. >> thank you. >>> trolls and fairytales usually harass people who cross. jane? >> kelly, this one involves a patent, a podcast, a movie and adam corolla. he talks to us when "closing bell" comes back. card from capitaone.t's i havtha it,arn unlimite caac from capitaone.t's i havtha of mpuhasing. anat unlimed 2% shk whicaddsuel to my bottom .y busess...acyear what's wallet? ♪ ythis is my w alerole, whing ppens inhe mket. kis a naral

i think amazon's ruined business for tons of companies because there are so many amazon wannabes. amazon is unique company because it's had a ceo, told the same story for 20 years. it is amazing. he stayed consistent. other thing of cash burn companies. you need a storyteller consistent with the story an delivers based on that story and that's been amazon's strength for 20 years. >> what is the overall ratio of companies that pan out in terms of their cash burn, turns into a great investment and the ones who aren't able to make that transition? i would imagine the number that make it through and past that point is small. >> especially if you started private company space because that's when venture capitalists play. i would say 1 in 3 companies makes it and 2 or 3 doesn't and they hike up the target rate of return. the problem we face is those companies that used to be in the venture capital increasingly are in the public market stage. >> wait. most say they're in private hands and not public ones. >> ubers of the world are the exceptions. if you look at 30 years ago, for instance

amazon is years and years ahead of everyone.ou can never write off a competitor, but their scale, speed, and assortment -- even walmart despite all the money they spent is only scratching the surface of amazon. i think amazon shares were down a little bit earlier today. this has people scared at amazon just yet. you can never be too paranoid . nejra: shannon pettypiece, thank you very much. got the olympic spirit? we are talking etf's that track brazil and some of them are among the best-performing funds of the year. this is bloomberg. ♪ vonnie: you are watching "bloomberg markets." i am vonnie quinn in new york. it is monday and we are focusing on the $3 trillion etf markets. many of you may has spent the weekend watching the real olympics. julie hyman joins us with a look at brazil funds. julie: we have been talking about the olympics in rio, but let's talk about investment in brazil. michael regan with bloomberg gadfly is joining me woul now. let us talk about brazilian etf's because many of them have been doing really well t

while deforestation has slowed, the amazon is still family and home. the home this family worries about concerns us all. keir simmons, nbc news, the amazon. >> who needs deet when you've got ants? that's "nbc nightly news" for this saturday. i'm peter alexander here in rio. be sure to tune in for primetime coverage of the games beginning tonight at 8:00, 7:00 central. for all of us here at nbc news, thanks for watching. >>> ahead of the the storm. pedestrian safety. school count down on the community. . how we will help students gear up.

while deforestation has slowed, the amazon is still losing trees. most folks worry about their family and home. the home this family worries about concerns us all. keir simmons, nbc news, the amazon. >> who needs deet when you've got ants? that's "nbc nightly news" for this saturday. i'm peter alexander here in rio. be sure to tune in for primetime coverage of the games beginning tonight at 8:00, 7:00 central. for all of us here at nbc news, thanks for watching. have a great night. >>> new twist and turns tonight in rio and it all surrounds swimmer ryan lochte and a few f his teammates. take a look at the olympic flame in rio de janeiro. all of the swimmers have left brazil after the fallout. jessica aguirre is live in olympic park. lochte can't seem to keep this story straight. every tomb he talks to somebody it's a little different. where is he now? >> reporter: there's so many headlines coming out in relation to lochte here even as we head into the closing ceremony. initially he said he and the other swimmers had been robbed at gunpoint by men po

analysts see amazon as the largest retailer by next year. due to amazon's reputation as a discounts, it could leave an opening for brick and mortar stores. let's tell the viewer a little bit about you. you had two that you sold through facebook. >> it's an online rental service for women's sizes 10-32. liz: what percentage of the population is not being serviced by retailers in terms of their sizes? >> typically you will see 7% of american -- 67% of american women are size 14 or above. if you include the lower end of that spec actual you are talking about 75% of the population. liz: you are saying women can rent clothes for 79 a month? >> there are a couple of different plans. our three plan allows you to have three items out at a time and you swap them as much as you can during the month. liz: women know people really don't care about brands in middle america. they are not going to go to sex and the city metropolitan fashion gala. they don't care if you are wearing a calvin klein or donna caron. >> i think with amazon what you are seeing is

the amazon rain forest, an area as big as the continental u.s. and home to more species than anywhere else on earth. tom brokaw heads deep into the amazon jungle to take a look at what some call the lungs of the earth. >> reporter: it is a world unto itself, of life where nature rules in every way. square mile after square mile, one-fifth of all the fresh water in the world. i first traveled to the amazon 25 years ago to see the work of scientists cataloging this treasure house of the natural world. so how many lifetimes would it take for you to know a lot more than you do now about what it's going on here? >> well, you know how it works, the more you know, the more you need to figure out. >> reporter: mario and his wife letta are scientists with brazil's national amazonian research. this is part of the national treasure of earth, right? >> the forest is very important for a lot of people. >> reporter: prized by scientists and fortune the the the the the the the the the the the the the the the rain forest, it has kind of a spiritual effect. but t

"i love dick" is a show on amazon. [ light laughter ] >> steve: it's on amazon, sure. anthony weiner's in it. [ laughter ] >> jimmy: no, he's not. no, that's not true. [ cheers and applause ] you know, i only saw the pilot. it might be true. >> steve: only saw the pilot? >> jimmy: i only saw the pilot. >> steve: i don't know. again, i just like to learn. >> jimmy: you read the cue cards. you tell me what the show's from the new amazon pilot called "i love dick." >> jimmy: there you go. yeah. kevin bacon. >> steve: kevin bacon is here tonight, come on. [ cheers and applause ] the baconator. >> jimmy: i can't -- maybe i'm reading it wrong. maybe i'm reading it wrong. >> steve: why don't you try reading it? >> jimmy: we should all try reading it. tariq, can you just read the name of the pilot? >> tariq: oh, okay. from the new amazon pilot, "i love dick" -- >> steve: okay, well there we got it. [ laughter and applause ] >> tariq: kevin bacon is here tonight. >> sure i get this. he plays the character -- kevin bacon is here tonight, everybody! [ cheers and applause ] funny

amazon gift 70, the author gets 30. we think that's just ridiculous because amazon, they're providing the technology, platform, that's all they're doing. they are not investing much in terms of labor at all. they do, however, a monthly. they're very good at accounting, giving you paid regularly. if your exclusive you are also part of their library. it's basically a subscription service where the reader can do something like $10 a month to a whole library of books. they pay based on a pool. they completely launched transparent -- they're completely transparent. we heard authors who got into that pool, which i did it have an exclusive arrangement, have made much, much less money doing so. the authors who really can make it so publishing may generally keep the non-exclusive option which is 30%. >> host: and final you mentioned the senate judiciary committee looking at copyright law. what are some the changes they're considering and does the authors guild support? >> guest: right now it's been led by the house judiciary com

pierce simmons, nbc news, the amazon. >> who needs deet when you have got ants? that's "nightly news" for this saturday. i'm peter alexander in rio. for all of us here at nbc news, thanks for watching. >>> tonight, on the olympic zone, we look back at an olympian's career starting back in cleveland. he has one of the best nicknames ever, bones. will be playing for gold without lebron james. the cavs are represented. point guard kai reirving takes a shot at adding to his nba title. and ohio state wrestler kyle is a winning machine. seriously, he never loses. wait until you see his story. >> this refugee wound up in cleveland and is now competing democratic republic of -- of congo. we live some of the best with us. hall that and more on the olympic zone. captions by: caption colorado, llc (800) 775-7838 e- mail: comments@captioncolorado.com ? [music] ? ? [music]

pierce simmons, nbc news, the amazon. >> who needs deet when you have got ants? that's "nightly news" for this saturday. i'm peter alexander in rio. for all of us here at nbc news, thanks for watching. ashley roberts (voiceover): the eyes of the world are firmly fixed on rio. yes, in case you've been living under a rock, it's the 2016 summer olympic games. but tonight, we will be shining a spotlight on the sports and the athletes that are emerging from the olympic shadow. journey has been challenging. last season i dislocated my shoulder twice. wow. and my sport is all really dynamic in my shoulder. ashley roberts (voiceover): and at times heartbreaking, but they are returning stronger, inspiring the next generation of olympians along the way. professional. ashley roberts (voiceover): it's all about the comeback, tonight on 1st look.

amazon isn't selling the cars at least for now. but amazon vehicles include manufacture pricing. customers can compare cars and read reviews. what is not on amazon? i do not know. >> seriously. need, even needs you didn't know you had yet. >> taking over the world. >> yeah. jill wagner at the new york stock exchange, thanks a lot, jill. >>> still to come, britney spears is back. she breaks out the school girl uniform with james corden for some retro hits in carpool karaoke. ? karaoke. dave, i'm sorry to interrupt. i gotta take a sick day tomorrow. dads don't take sick days, dads take nyquil severe r, best sleep with a cold, medicine. ? ? with ingredients like roasted hazelnuts and cocoa, nutella adds a smile to any morning. nutella - spread the happy! today you can do everything in just one click, even keep your toilet clean and fresh. introducing lysol click gel. click it in to enjoy clean freshness lysol. start healthing. ? yeah, click ? (vo) at friskies, no one's surprised tender pieces and crunchy bites ended up together. that's just what happens when cats call the shots. new

the expectations with back to school is amazon. >> do they buy clothes on amazon. >> i do. we have three kids. >> it's a commodity business. there's no pricing. there's one thing that folks are back to school are actually go to a physical store for, it's the clothing that their kids are going to wear to school. all the other stuff you're going online. >> they're different. most of the rest of us know 17 1/2 neck and 37 sleeve. if you get it online why are you going to pay more to walk in a store. >> instead of going to a store maybe you go to the online of a traditional retailer that doesn't have to be amazon. >> i did buy two suits at macy's online and i got them 55% off. >> you were complaining about the static in your suits. >> if you're going for the brick and mortar back to school clothing experience, you are going to the off price locations. you're going to tjx, burlington. you're not paying full price. >> and outlet malls. i think the same compression happening for these retailers coming from amazon has happened with the banks and you're not going to see the same pes

rishaad: give us an idea of how amazon japanese business is doing at the moment. >> amazon had about at the company's entire revenue number, it is not that big, just under 8%. amazon has become a household name in japan. they launched here back in 2000. they have their prime membership program, a rather sophisticated distribution and delivery network. it is a big business. there is no doubt about that. with that comes an extra level of scrutiny, which they are now experiencing. this is also happened to a lot of non-japanese companies operating in the country. we will just have to see how serious this inquiry gets. rishaad: what changes might we see from this? it is not a full-blown inquiry, but is it an act of punishment? see somely we could sort of statement with an agreement on changing business practices. there could even be a fine. there is no hard information at the moment. that has been the historical pattern with these sorts of inquiries. we will just have to keep a close eye on it as well as how amazon is faring in japan, one of its biggest markets overall, especially in asia

pierce simmons, nbc news, the amazon. >> who needs deet when you have got ants? that's "nightly news" for this saturday. i'm peter alexander in rio. for all of us here at nbc news, thanks for watching. >>> hackers are hard to stop. why military and academic minds are working together to form a shield in an ongoing cyber war. >>> broncos fans are watching for their preferred quarterback picks. >>> team u.s.a. decided how they'll end the summer games in style. of one olympics and plans fo >>> this is 9news. >>> protecting power grids, hospitals, banks from cyber attacks are some of the country's top priorities. that was the main topic at

amazon vehicles, that allows users to -- selling the cars. it sells auto parts, which account for more than $7 billion in online sales this year. the company said it's expanding its footprint by opening three more stores across the country. we should note the analyst is clear. not just selling cars. there are franchise laws around us, what tesla can open up and sell directly to the consumer, but it can sell used cars because there aren't laws to protect the used car business. >> it makes sense. no reason they shouldn't be in the business. it's a case where i think the company need to focus on their next opportunity and the commitment they've made into lodgistics and procurement, that's what they need to do. i don't think they have an edge. where amazon truly the is proven their model works is because of the warehousing, the investment they have. >> they're scale, so they squeeze out smaller players. they've seen it in everything they did and retail. >> an advantage here. they don't have scale. >> used cars are mostly local. >> i didn't mean t

pierce simmons, nbc news, the amazon. >> who needs deet when you have got ants? that's "nightly news" for this saturday. i'm peter alexander in rio. for all of us here at nbc news, thanks for watching. >> 7 news at 7 starts now. >> anchor: and first here at 72 people shot in the street in dorchester. one of them died from injuries. the police are searching for whoever they think may have pulled the trigger. >> anchor: it is boston's 22nd homicide of the year. amaka ubaka live with the latest on the investigation. >> reporter: police don't have a lot of clues as to who is responsible for the shooting. it is still an active scene out here. police going door to door asking police if they saw anything. as you mention police say so far this is the 22nd homicide of the year. >> anyone is way to many. >> reporter: police commissioner williams evans speaking out about the deadly shooting

are they concerned about amazon?ople are trying to test a lot of products, same-day delivery, put basket sites together, you'll see them trying out drive throughs as well so people don't have to come into the grocery store and coordinating your kids. insta cart and others are partnering with different grocery banners, but right now the grocery business is a very thin margin business, so when delivery comes into the equation it makes it difficult to make the numbers work. >> you have excelled in unbelievable discounters, ross and tj be being the best examples. >> absolutely. tjx and ross are some of the shining stars in retail today. they've done a brilliant job in pinpointing what the american consumer is looking for. we take be advantage of the last mile. so our ownership position in the real estate that we own is very close to where people live and work. so that's that last mile, that connectivity point. >> and that's what don wood was telling us. it's not so much that they love to go to amazon. they love the conve

while deforestation has slowed, the amazon is still losing trees.ks worry about their family and home. the home this family worries about concerns us all. pierce simmons, nbc news, the amazon. >> who needs deet when you have got ants? that's "nightly news" for this saturday. i'm peter alexander in rio. for all of us here at nbc news, thanks for watching. have a great night. >>> 24 years in the pool. 23 gold medals. 2 overall medals. we go indepth with michael phelps. welcome to special olympic edition, from copacabana, i'm natalie morales. >> and michael is a totally different man today than four years ago. he walks away from rio having solidified one of the greatest comebacks personally and professionally. billy has been with michael over four olympic games. together they did their final post-olympic interview. >> you have always had your mom. now you have nicole, boomer. how have they changed you? >> nicole and i have known each other for a long time. and, we are finally at a point in our life where we are the happiest we have ever been together.