last week it told shareholders it now has over 100 million amazon prime subscribers. around $100 a year to get benefits, including free delivery, tv and music services. it's been a highly successful way of locking in customers. amazon's shares have doubled over the past two years to more than $1600, valuing the company at over $730 billion. and making founderjeff bezos the world's richest man. but not everyone is a fan, asjoe miller in new york explains. hammers and has been in the headlines for all the wrong reasons recently. —— amazon. donald trump has gone after the company, accusing it of abusing the postal service at the big small vendor is out of business. the giant remained tightlipped throughout the tirade and thursday's results provide its best response. all major parts of the business are doing well and amazon even appears to have benefited from the occupant of the oval office. its tax bill is significant —— significantly lower in no small part due to legislation passed by the trump administration and the good news keeps coming for chief executive jeff bezos

the company says that as the prime ecosystem haspa ed, so too have amazon's costs. >> the value of prime to customers has never been greater. and the cost is ao high. as we pointed out, especially with shipping options and digital benefits. continue to see a rise in costs. >> the last time amazon raised the price of its prime membership was back in 2014 when 20 million items were available for two-day free shipping. today there are more than 100 million eligible products as well as two-hour free whole foods grocery delivery in ten cities and a hugelyxpded digital library of music and video content. >>> analysts like mark mahaney aren't worried. he points out the extra revenue will allow amazon t inves even more back into the business. >> and you put in a $20 price increase on 100 millionsu cribers, that's $2 billion in incremental revenue cash flow that could dropdown. knowing amazon, they won't allow it to drop down. they'll invest it in something. but still it's great profit potential. >> but the stakes are high revenue from prime memberships is part of one of the gr fastesing business

prime, similar to spotify, kindle unlimited, amazon channels, prime fresh, stem club there's all kindsces amazon is building even beyond prime to get people to pay on top of that. and that seems to be where the ball is headed, while others are necessarily, you know, maybe just catching up to what amazon has done and creating this model. >> the least affluent households in the country, in general raising another $10, $20 seems feasible lot of power there. >> when we get a number like 100 million, given the fact that that number has been growing so much, do we get to a point where almost like you've seen with iphones and smart phones, we get to prime saturation? >> definitely within the united states at this price point you're going to hit saturation amazon is starting to experiment with lower monthly pricing and lower pricing depending on income of households you can see the penetration grow 100 million on a global basis, amazon is in so many other countries. lot of opportunity there a lot of netflix's growth is coming from there. maybe these companies go tote 200, 300, 400, 500 million

and if it so wrong shutdown amazon prime don't let them charge first search result. we tolerate and enjoy it and all kinds of ways. were doing politics and paid advocacy not policy. if we're doing policy we could work all that stuff. >> you have one minute to answer this. how would you describe the state of the state of the cable industry? >> i think it's healthy and challenged. i think it adapts more than it gives credit for. it adapted to satellite-tv and diploid fiber and brought into the broadband business and had against declining video. we lost 40% market share on video over the last two decades. that's a huge market loss. yes there's a roshan the more distribution platforms. i don't think they are creative distracted. the video streams are on platforms that have other reasons and being in the visio business. for a lot of them it's a driver more sales on amazon prime. the for apple to get devices sold. i don't know the nature of the businesses the same for storytelling. but we will see. . . >> it's better than it looks. and then the book how to fix the future.

prime, similar to spotify, kindle unlimited, amazon channels, prime fresh, stem club there's all kinds of niche experiences amazon is building even beyond prime to get people to pay on top of that. and that seems to be where the ball is headed, while others are necessarily, you know, maybe

amazon blames the increase on higher costs. the prime price hike hits new subscribers first. renewals won't be after ekt iffed until june. amazon renewed the exclusive partnership with the nfl. >> amazon prime video is paying $130 mill one to continue streaming thursday night games for the next two seasons. the nfl says prime offers a massive platform for fans in the u.s. and around the world. >>> finally, take two for snapchat's spectacles. >> the first version started strong and flopped. snap is trying again. the new shades not only take extended videos, but also take still photos. they have an updated price tag, $149. >> those are your tech bites. >> have a great day. >>> heads up if you travel on the golden gate bridge. why you'll soon be seeing more people doing work on the towers. >>> a san francisco biotech companies comes up with a way to check for diseases, infections, even cancer right in your home. >> three become >>> it's 4:53 on your fld. you're never more than seven minutes away from my accuweather forecast. pretty quiet morning. our break from spring continues a

a lot of them it's a driver for more sales on amazon prime. it's a loss leader for apple to get devices sold. i don't know that the nature of that business is the same as the one highly optimized for storytelling and video description, but we'll see. obviously, they are focused on that. they've stemmed those losses pretty significantly. and i think they have a whole new set of products and suites that are going to continue to make them valuable. >> host: and michael powell has been our guest on "the communicators." he is president and ceo of ncta, the internet and television association. kyle daley, deputy technology editor for politico. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies. and todayev we continue to bring you unfiltered coverage of congress, the white house, the supreme court and public policy events in washington, d.c. and around the country. c-span is brought to you by your cable or satellite provider. .. the supreme court ultimately ruled the statut

. >>> the big change coming for amazon prime. >>> and the nfl draft. the top picks, the fashion, and the walk across the stage that shocked everyone. >>> and what a morning it is, everybody. we're going to start with that breaking news, that moment this morning that has never happened before, a north korean leader walking into south korea. >> kim jong-un walked hand in hand with his rival, president moon jae-in, before sitting down for their first face-to-face talks on nuclear disarmament. the meeting is being described as sincere and candid. abc's tara palmeri joins us now with the latest. tara, good morning. what a big moment. >> reporter: right, good morning, diane and kendis. that's right. the world is watching this historic meeting because it lays the groundwork for president trump's meeting with kim jong-un. kim actually joked that he hopes that this meeting means he'll no longer be waking up his neighbors in the south with missile launches. this morning, a historic step forward in the decades long standoff between north and south korea. they aim

as of september last year, 90 million amazon prime members in the u.s. there in terms s of t s s subscription service. are there markers to this? >> absolutely. we saw the comments about amazon last week and that has a huge impact on the company and the fact you have a president picking and choosing different companies and targeting amazon in this case raises a wide variety of concerns and back to john's point, which i think is absolutely right, if the president were serious about the tax policy components or postal components, he could push for legislation there is legislation in congress right now dealing with online sales tax and so he could do that but i think to john's point, that's not his ultimate goal here and it is having a variety of different implicatio implications, especially on the market. >> yeah, clearly the president is focused on "the washington post." let's get this headline from "the washington post" that reads tired of the wait game. white house stabilize is gone, trump calling his own shots and the article reads in part quote, 14 mon

>> i'm an amazon prime member, i buy from walmart >> you're a retail analyst >> no, in real life. >> prices. they're not always cheapest on amazon.com >> and jan kniffen, thank you very much. >>> your top trending stories today include the amazon guy, the world's richest man, jeff bezos and a first in the world of rap music kate rogers is back with us. >> the feud between the president and jeff bezos is continuing after the announcement of pulitzer prize winners. bezos threw some shade the president's way congratulating the "washington post" and the "new york times. bezos eluded to two stories that irked the president tweeting great reporting requires patience and grit and a willingness to follow a story wherever it leads, whether alabama or moscow. >>> and kendrick lamar made history yesterday with his win in the music category for a pulitzer price he became the first ever rapper to win the category and the first winning musician to have a number one album go platinum. >>> task rabbit, the service that lets users reserve a handyman has taken its app and website offline. if you head

we will start paying more for amazon prime for that free two day shipping.people who are already members as well? >> reporter: if you have prime once you renew you will be charged. heather: either way you will be paying that. people concerned about security issues at facebook. >> reporter: a surprising number, 73% of people say following the cambridge analytical scandal they were concerned about facebook and if facebook shares their information with others, according to a new fox news poll. 43% say they thought about deleting their facebook account in order to protect their privacy. 54%, more likely than baby-boom is to think about that. that they don't have any competition. there are other social media sites but not exactly like facebook. appreciate it. fired fbi director james comey admitting to giving classified memos to three people but insist he is not a leak or. >> i don't consider it a leak. >> we can argue what a leak is. heather: leak or not a leak? our political panel on deck to debate it. ♪music ♪yea, you can be the greatest ♪you can be the best ♪

amazon also announced it will increase annual membership fees in the u.s. for the prime service and new users will have to pay $119, up from $99 starting from may 11th it's the first price increase since 2014 arjun joins us to discuss. amazing earnings from amazon we saw the f.a.n.g.s putting in a strong earnings season so farfar talking about amazon, do you think the major concern will be one of regulatory backlash at some point in the future >> as you said, very strong earnings report cast from amazon the risk is regulatory problems, but at the moment there's no move from the trump administration on it he has tweeted about amazon and its effect on the u.s. postal service, also around how much tax that company pays. there doesn't seem to be a sense of worry in the market at the moment there's more worry on the regulatory front when you look at other names like facebook or alphabet and the google segment of alphabet. those seem to have mosh concere concerns the other thing to watch is spending the expenses rose 41% in this quarter year-on-year a lot of that is driven tow

there are now more than 100 million shoppers signed up for amazon prime.end twice as much as nonprime commerce. earlier it never revealed the number who signed up for the service. for $99 a year members get two-day shipping and other perks, of course, anne-marie. >> diane king hall at the new york stock exchange. thank you so much, diane. >> thank you, anne-marie. >>> still ahead, hanging up on robocalls, we'll show you new apps that can stop unwanted calls to your phone. ♪ ♪ ♪ ♪ ♪ ♪ the 2018 camry. toyota. let's go places. but he's got work to do. with a sore back. so he took aleve this morning. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just one pill. tylenol can't do that. get all day minor arthritis pain relief with an easy-open cap. deadly explosion on board a southwest airlines flight. a mountain lion has spooked residents in one bay area neighborhood that's not used to seeing the big cats... and marijuana businesses are cashing in ahead of tomorrow's 4-20 c

. >> it's interesting, he came up with amazon prime. some really key programs that amazon, right?he made amazon prime work. that was a project that was originally directed by jeff bezos. i think the rise of amazon prime under his watch as he has taken over more and more of the retail business has been pretty much parallel with his rise in the organization. >> why are you writing about jeff wilke right now? one reasonason -->> why he is taking on more of a public role because of his evangelism on artificial intelligence. this is a topic all of the tech companies are eager and willing to talk about. one big reason and one minor reason. the big reason is they are in a foot race to hire the best ai talent, to remake themselves as ai companies from the perspective of consumers and investors, and to get the best people on board. wilke has been out there talking to people before us and now we have gotten some time with him about amazon as an ai company. >> i am always curious, and i have had conversations with folks about what they have done at their fulfillment centers and the use of ro

the golden ring for amazon is getting people to sign up for the prime program. r video gets them to do that, great. it has been great. they have 100 million of these. in terms of hardware sales, this is what really matters for amazon, we think. getting about 100 million of these alexa devices out and installed, then you get an echo system, then you can get apple tax or google tax revenue, a share of all the apps sold indirectly or directly off those platforms. we are looking to see how many installed units there are of alexa devices. we think they get to the 100 million installed device alexas by the end of this year or somewhere in 1029 -- 2019. emily: i'm reading through the shareholder letter now from jeff bezos. jeff bezos here saying, "one thing i love about customers is they are divinely discontent. their expectations are never static. they go up. it is human nature. you cannot rest on your laurels in this world. customers won't have it. they will continue to invest for the long term." what are the highlights you are pulling out of this? >> i think that 100

scarlet: we learned that amazon has 100 million prime subscribers. at was kind of unusual because up until now amazon had been pretty secretive about the details of its prime membership. why is the company being more transparent about this now? does it plan to release more details on prime? >> the big reveal on the prime number was it was unusual and i don't think very much expected. the big takeaway from that is they were trying to emphasize that amazon prime is a global value proposition. that the success they have had with amazon prime in the nine states can be replicated overseas. that people in other markets see the value in prime because amazon is still about two thirds of its revenue in the u.s. and there have been concerns about hitting a saturation rate or something. be patient with these overseas losses, we will turn that around. scarlet: that's great. i love the reading of the subtext. talk to me about politics. what can they say about president trump, the postal service. what's going on as far as money is concerned and potentially they hav

last year amazon prime shipped 5 million products globally. that is a huge number. rime members, thank you for joining us. 15 minutes, cities protecting illegals. gunowners taking a page out of the sanctuary playbook, the country the declared itself a safe space for second amendment rights. next guest, one of the councilmembers that pass them off, how he is taking a stand to uphold the constitution. ♪ red white and blue ♪ >> dozens of gang members including some from ms 13 released under sanctuary policy. the new numbers from the department of homeland security showed 2 thirds of those released happened in california last year. new ice figures show a surge in arrests related to ms 13, 796 members busted in 2016 compared to 432 in 2016, 322 in 2015. the numbers rising. a california city is being sued by the aclu for trying to stop sanctuary policies. protesters marching to loss alameda city hall days after the city council passed an anti-sanctuary ordinance. ♪ let it shine ♪ let it shine ♪ let it shine ♪ julie: to city officials of violating california's constitution.

i don't know, we stopped going to the drugstore and we do amazon prime, most for anything that is thesef soft goods and the diaper line for proctor looked terrible. >> i get my cereal delivered by amazon and the giant boxes of sugared cereal and my kids love it it's great i didn't buy pop tarts >> i use the best granola in the world. >> carl's -- really? >> yes the best granola in the world. we're ready, by the way. i don't know what my prime is, but we're ready. >> thanks for letting me on. >> you like that captain crunch. >> amex is down 2.7% and it is having a broader impact, perhaps on the market. it's just another sign of increased tensions between china and our country and china when it comes to trade. if you are just hearing there was a spokesman for the antitrust authorities known as mofcom in china who said that there are problems with qualcomm's potential acquisition of nxp that would be difficult to overcome and more importantly, this was news to qualcomm, i would add, raised the potential for conditions that they were not aware of. in other words -- remedies, i should say re

amazon prime is not as good a spotify the music, he says.otify the music, he says. iam more not as good a spotify the music, he says. i am more than happy with apple music and radio, says this one. do you have an account?” apple music and radio, says this one. do you have an account? i do, actually. we have an account but we are the cheapskates! it is my kids that mainly listen to it, so they can listen to the adverts! and just a comment from you... he says the idea spotify is excellent but it has been poorly executed. keep your comments coming in. let's take a look at some of the other stories making the news. rupert murdoch's 21st century fox has said it would sell off sky news to disney or ring—fence it to try to address regulatory concerns over its proposed acquisition of sky. fox wants to buy the 61% of sky it doesn't already own. but it faces regulatory problems after the competition and markets authority found the $16.5 billion deal was not in the public interest. shares of us chipmaker intel fell by more than 9%, on reports apple has

amazon has, as you mentioned, more than 100 million paid prime members worldwide. more than costco and the first time amazon p given us a number on subscriber base. this annual letter to shareholders jeff bezos said amazon skipped items with prime. said amazon music has tens of millions of paid customers. whole foods shutting down its rewards programs, digital foods and customer accounts may 2nd. the grocery chain will put everything into amazon prime according to an e-mail sent this week. rewards won't roll over to prime so you should try to use them before they expire. since they bought whole foods, discounts for prime members, giving 5% cash back for shoppers with a prime rewards credit card. marcus and laura, over to you. >> merging the two. >> discounts, too. thanks, kate. >>> it's never too early in the morning to watch kung fu panda. at least your kids may feel that way. now that movie is coming to life at universal studios owned by parent company. new attraction in june part of the dream works theater. it will be a fun thing. watch it before peugeot to the p

service amazon prime will increase one hundred nineteen dollars per month that's up from ninety nine dollars the higher fees will hit new members on may eleventh and the renewables for others will start on june sixteenth meanwhile microsoft's profits for the first quarter of twenty eight hundred doubled for the q one of twenty seventeen at the six point five billion dollar level on a thirteen percent increase in revenues seven point four billion of that income came from cloud computing supported by a success of cloud platform microsoft as your the company also garnered nearly twenty seven billion dollars of revenue this quarter far more than the twenty seven point seven seven billion projected. as we've reported here before the witnessing some of the highest oil prices in recent years since two thousand and fourteen in fact those higher prices are translating to increased operating expenses for many companies and individuals who have become pretty pleased with local energy costs brant crude prices trading at ice futures europe and london were trading around

for the first time ever, ceo jeff bezos revealed amazon prime has 100 million members globally. this is a number that amazon has always kept a secret. amazon says it's teaming up with best buy to sell tvs powered by msn spike tv operating system. starting this with aspirin insignia and stories on its website and also become the exclusive seller of these tvs on amazon. tell us about this. we love this. the furniture assembly robot. >> how many arguments do you think this might have prevented? researchers say they have created a program from a robot to come up with a plan to put together a 25-dollar share from ikea. a 3-d camera, there it is on your screen. the robot was given a manual of instruction and stared at the confusing ikea pieces for a few minutes before getting to work. the robot put together the chair and an impressive 20 minutes and 18 seconds. it took researchers three years to develop the robot and tweet it a few times before there were about get it right. >> how many languages does the robot person? >> good question. starbucks is reacting quickly to the average over

amazon. you mentioned this prime target, this number going up to $119 as of may 1. the second increase, right, when amazon started prime, 2005, $79 a year. 2014, $99. even if people complain, i still think they're going to pay, we were talking about this number, released 100 million global amazon prime customers spend more than average. big course of revenue. as far as what amazon gets out of this, i mean the annual prime membership would have to double, really, for amazon to break even on shipping. that's one fact. the other fact, amazon is taking this money, 20% increase, and basically putting into all of the other units and all of the other products that consumers are snapping up. amazon is putting this back into prime, back into music. prime video, back into music, so they are putting it back in and reinvesting. some analysts, going through numerous reports have a target price of $1,800 a share. even the street is o mystic on this. >> neil: scott there was a time when sears was in an enviable position, then came walmart. so, we're reminded that don't get too cock

subscribers of other services like spotify and hulu more than the others as well once you're in the amazon prime system, the company can upsell other services like fresh grocery delivery and music unlimited, collecting data and sell you more stuff. this is a long awaited number and plenty of questions around the prime program and contribution to the bottom line. while sub skriepscriptions have, so have the perks as besos spends on businesses to bring to prime customers. there's a subscription services company that brought in $3.2 billion last quarter growing at 50% over the last yearment it's unclear how much of that subscription fee plus extra spending by prime members offset costs, but he's never shy to forego profit for what he calls unrelenting customer obsession guys >> exact ly it's line one. the first thing he talks about, and recent satisfaction survey, and, by the way, there's a subtle regulatory point in there, which is to say, yes, everybody in washington seems to be obsessed with anti-competitive behavior here, but we put the customer first, and the customer likes it right now. >> de

>> once you are a amazon prime member you spend two times more than a prime membership. cky as you can get the fact amazon has done, you seen it through whole food and all other distribution and others, the fact that it's north of 100 million it speaks to the fact that this company a trillion dollar evaluation is on the horizon, eastern when you factor in 20 more prime members, 1,300 hours per prime per year, plus tap in on aws this is really something for the bowl as a feather in the cap even the skeptics will have to capitulate a number like this. >> the next point for the skeptics will be, wow, they almost fully penetrated in prime in the likely markets. so how many more can they get? and then i guess the other question would be, is this the start of greater transparency on the financial side that's ban criticism, too. one big blob of revenue outside aws? >> look, transparency is something they will inch towardss i personally feel given some of the swirls we seen on the defensive would allow the trump you know inner chatter and other issues i think this was also them c

>> it's really bizarre, neil. 100 million satisfied customers, those are just amazon's prime customersto be cherished, to really celebrated but instead amazon and a lot of these big-tech companies are really in the focus of regulate ors certainly the president but congress and anti-trust with the justice department and it's really a shame neil because if they're big and powerful it's because we make them big and powerful. 100 million people and more find amazon prime and amazon a really terrific value, to criticize that is a shonda. neil: okay i like that. i did get that wrong, amazon was not caught up in the sell-off in technology so so i apologize for that so the stock is getting back again adjusting itself deirdre and it was doing so yesterday so it was a good strategy on the part of jeff bezos not to respond to the president. that doesn't mean he's out of the woods but where is this going? usually with success brings inquiries. >> [laughter] envy or inquiries, i do feel like this is jeff bezos saying okay here is our customer base, 100 million global customers, that's our market. s

there was a point when it was amazon prime and netflix which were going to be the rivals. and chill. that's quite true. people do say they are going to go home and watch netflix instead of television. completely. it's causing connections with its own corporation. there was a report where they were worried that younger viewers had been caravanning in droves from either player to netflix. i don't want to sound like a she'll for netflix, other streaming platforms are available! a lot of people are selling it content and a lot of them like disney would say we should do it ourselves. they'll have another two, three, four choices. much more generic or across the board? i don't know, one of the advantages of netflix is it has a great personal models. it's a bit like amazon. if you like this, you're like that. is so there's data in there. absolutely. what should the traditional broadcasters think, should they be terrified? like you guys? we try to depersonalise it, yes, like the bbc. i think you should be a bit worried. having said that, obviously the bbc relies on its licence fee.

the average will climb 14% this summer compared to a year ago. >>> amazon is hiking the price of its primership by 20%. starting next monday, amazon customers will pay $119. current members after june will have to pay the price. shares of amazon jumped in aftermarket trading after they reported their best profit ever at $1.f billion. >>> the ceo of starbucks says the controversial arrest of the two african-american men at their store has not affected sales. they remain committed to ensuring that an incident like the one in philadelphia doesn't happen again. they plan to close 1,000 u.s. stores on may 29 for racial bias awareness training. >> meanwhile gnc plans to close some stores. they're more than a billion dollars in debt and trying to cut costs. sales at gnc's 3,085 stores are down nearly 2% for the first quarter. >>> and a pizza museum opened up. it's housed in the original pizza hut building. two brothers were students when they converted a beer tavern into the original pizza hut. items among the display is the original sauce recipe written on a napkin and the pizza recipe. >> that'

from 99-dolla >>> get ready to pay more for amazon prime. >> they announced they will raise it from $99 a year to $119 a year. an extra $2 billion in revenue for the company. amazon announced they have 100 million prime subscribers. >>> the sharks go to vegas and have about as much success as evil knivel. 49ers and raiders make their picks. >> with the 15th pick in the 2018 their first in the draft tonight eers)))" >>> if you needed more proof that jimmy is the long-term future of the 49ers check out their first pick in the draft tonight. >> with the 9th pick in the 2018 nfl draft, the san francisco 49ers select mike mcglinchey eventually he will play tackle. good run, he is the protection for the franchise. raiders traded down from 10-15, beefed up their o-line, selecting ucla tackle, colton miller. he was considered a reach by some experts. miller, a native of roseville says he is looking forward to playing close to home and playing for john. >> being from sacramento and oakland being where it is i am super excited to work under him and i am ready to come in day 1 and make a name for

the app is called amazon key and allows prime customers to have pack ages delivered to the trunk of their car. right now it's limited to five makes of calls. chevy, buick, gm c, cadillac, and volvo. amazon key in car delivery is available in 37 cities including some cities right here in the bay area. >> i got a couple amazon prime boxes sitting on our table at home. it's my son's birthday he gets amazon prime gifts. >> i would say it's better on the kitchen table or in your trunk than on the porch. we have done so many stories of people's packages swiped. >> that's it for us everybody. have a great rest of your afternoon. our next in fact is the four on 2 -- our next newscast is the four on 2. the savings are in full bloom at ross. if you're looking for an incredible selection of the brands you love, this season's newest trends for a fraction of what you'd pay at department stores, ♪ you gotta go to ross ross is going all out... all outdoors that is. you'll find everything you need to make your outdoor space your favorite place. and if you want it all for a fraction of what you'd pay else

from 99-dolla >>> get ready to pay more for amazon prime. >> they announced they will raise it from $99 a year to $119 a year. an extra $2 billion in revenue for the company. amazon announced they have 100 million prime subscribers. >>> the sharks go to vegas and have about as much success as evil knivel. 49ers and raiders make their picks. >> with the 15th pick in the 2018 nfl draft, the oakland raiders select ... to move california forward, we need to help more californians get ahead. that's why antonio villaraigosa brought both parties together to balance the state budget with record investments in public schools... and new career training programs. as mayor of la, he brought police and residents together to get illegal guns off the streets and keep kids out of gangs, and on the right path. that's antonio villaraigosa. a governor for all of california. their first in the draft tonight eers)))" >>> if you needed more proof that jimmy is the long-term future of the 49ers check out their first pick in the draft tonight. >> with the 9th pick in the 2018 nfl draft, the san francisco 49ers

the new services now available to all amazon prime members through amazon key app. if the u.s.rvice raises rates, amazon profits could be cut by $1.3 billion. that is just more than 1% of its annual earnings. president trump claims that the post office loses money in its contract with amazon. the post office says it makes money on the amazon deal and is legally prohibited from charging shippers less than its delivery cost. speaking of amazon, the tech giant released first-quarter results thursday. we worked on in numbers with bloomberg tech brad stone. >> first of all, i have the same feeling that i did on tuesday with facebook, which is, what was all the noise about? the environment around amazon captured by president trump's tweet, the post office and none of that matters today. it is a beat on all dimensions. amazon is growing quickly. they added 60% increase in hiring year-over-year and yet 6 billion net profit, unheard of at amazon. and for a couple reasons. one, the very profitable parts of the business and the other category, which is advertising are increasing. that nor

prime. you should try to use them since they expire. since amazon bought whole foods added features in stores including discounts for prime members and 5% cash back for shoppers with prime rewards credit card. chevy owners can pay for gas in their own cars. the owner is teaming up with shell to let drivers pay for in infotainment. you can make a reservation. >> still got to get out and fill it up, right? we need full service. >> thanks, kate. 4:40. we look to save money, cut costs where you can. you're not going to be able to do that at the pump next time. gas is more expensive in the bay area. aaa puts national average $2.74. california's average $3.55. prices are even higher opinion marin, san mateo, napa counties. people we talk to blame the long drive to work. >> because it's in higher demand, it's more expensive here because a lot of commuting. >> higher prices are the tradeoff for a booming economy. californians also pay an extra $0.12 a gallon in gas tax. >> 4:41. coming up next on "today in the bay," a cool start to thursday morning. grab a

ceo jeff bezos says that amazon has a 100 million prime members. >> a hundred million. nicole: good morning, cheryl and gerri, amazon knocked it out of the park, earnings more than double, revenues surging 43%, what drove the numbers, online shopping, high demand for the cloud services, they have 100 million prime subscribers, they saw revenue from amazon web services, that soared 48.6%. amazon and nfl have renewed streaming partnership for thursday night football. on the conference call ceo noted a couple of things, strong ad growth contributed to profit, new customers as well as more business from the existing ones. watch the stock move to the upside and gain could be all-time record which could pass 16, 17.54. back to you. >> we are also watching shares from two other tech titanses, microsoft, topped expectations, it issued strong guidance for the current quarter and microsoft, jumped 93% from a year ago. cheryl: we are also looking at intel this morning, that stock is higher in the premarket following gains after hours, profits surging at intel more than 50% with sal

we have exceeded 100 million paid prime members globally this is the first time that amazon has come out with an actual number for the number of prime members. this is on the high end. there are estimates anywhere between about 65 and 100 million. so we now have jeff base yoezosn there are 100 million paid prime members globally >> thank you the shareholder letter from jeff bezos. what do you make of this number? >> a year and a half ago, it is 80 those are paid users so you can share the accounts. the most important point about this is that a prime user spends twice as much as a nonprime user on amazon. that's why this is such a big focus. i think it's great for transparency purposes they continue to kind of disclose the numbers. they didn't for a long time. it was a black box there is a great thing i think it's odd that it is disclosed a week before the earnings >> i was going to say thafrment mak that >> the first time we saw the top of the show. that's the first thing he said and in my opinion, that is sort of all goes well for earnings in a couple weeks, a week and a ha

let's face it, amazon prime is the best deal on the planet. the gateway drug to massive internet spending. if you don't have the stock in the portfolio now, you got one more chance and this thing is going to 2,000, and we own it and have for a long time. david: maybe a drawback, microsoft is coming out, of course, they are head-to-head in competition for the cloud money they're both getting. amazon has gone through the roof until microsoft realize we can do that, coming in with their own figures momentarily. that may draw down the value of what's happening after-hours with the amazon stock. they're doing extraordinarily well in all their numbers but the competition for microsoft coming up in just a couple of moments, might bring them down a little. melissa? melissa: let's have hitha react. what do you think? >> being a retail analyst i look at amazon on the retail side and how much they're doing month over month and quarter over quarter. melissa: what do you see there? >> with this, we keep talking about the amazon web services, they are antic

you will soon pay more for your amazon prime. it is hiking its price of membership in the first time in four years. >> yeah. you know what, they will bump this up to help pay for their costs. by about $20 to $119 a year. if you're already a member, it will hit june. 5 billion items were bought on amazon last year. they want to offset its rising costs. the expenses are why many predicted the profit would shrink in the first three months of the year. of guess what, instead profits doubled to $1.6 billion. that's huge. that's just for delivering not just delivering packages. it is also ad businesses and cloud. sales jump 7% after hours. the stock, up 30% this year. compare it to the s&p 500. that's down 1% this year, alisyn. >> christine, thank you very much for that business upday. now we need to get to a story that is so important. the opioid crisis in the u.s. is ruining so many american's lives. dr. sanjay gupta found something that could help addicts. he shares this research next. he shares this research next. hi i'm joan lunde

that's the opportunity when one of these businesses go out. >> we're making a lot about the amazon prime member, 100 million paid prime subscribers is there any way that bricks and mortar retail who are increasingly beefing up their online presence could move to a model like amazon prime to offer customers discounts and ways to either get free shipping or get a discount on their goods that they pick up in store? amazon is moving towards the traditional models in buying bricks and mortar. >> no question about it. neither one or the other is the way consumers shop today we've had a terrific global retail conference that's going on right now in tucson with the university of arizona. we just had a presentation of all the data -- you know, start with the data. here's the facts the facts that were just presented here is that 2017 finished the year year that 10% of all sales and transactions in all of our categories, including food and all forms of retail, occurred online only 10% so, 90% is still happening in a brick and mortar environment that's going to go to 89% and 88% but it's not going t

amazon prime was launched 13 years ago.he membership program includes deals on shipping and streaming content. >>> let's take a live look at the big board right now and see how the dow is doing. it's down about 105 points. >>> a new movie filmed and based in oakland is creating a buzz on social media. >> stop, stop, don't shoot! [ gunshots ] >> this trailer for the movie blind spotting just came out a few hours ago. it's about a man who is trying to make it through his final days of probation when he witnesses a police shooting of an unarmed black man. the film premiered at the sundance film festival and hits theaters in july. and the film star may look familiar. yes, it's hawaii he is oakland native da seed digs and he won a tony in 2016 for his portrayal of lafayette. he also co-wrote the film blind spotting. he is talented. >> one of the biggest fans of "hamilton" is michelle. >>> a lot of people are jogging this morning and look at the camera. this is the surf line camera at ocean beach bouncing up and down because the

amazon prime launched two yea ago, and jeff besos said more prime members joined the than any other countr amazon already has a big business in the country, and could face regulatory hurdles. for nightly business report, courtney reagan. >> it's time to take a look at some of today's upgrades and downgrades, which includes a number of dowco onents. we start with merck, goldman/sachss raised itsg rat to buy from neutral, and named it to its conviction list o stocks. the analysts site the potential of strong sales for lung cancer treatment, the target is $73. caterpill caterpilr's rating was upgraded to buy for neutral at city. they site improvements in the chinese construction sector. th price target is 1$180. exxon mobil saw its rating raised to market perform from underperform over at raymond james. exxon's dividend yield is the highest in decades. the firms s a decent chance that exxon will start buying back stock, the stock rose a t fracti 79.57. verizon's rating was raised. betterlyst there sites a revenue outlook. the stock was up 1 1/2% to 48.66. still ahead,alcoa's stock had its wor

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amazon prime garantiza entre otras cosas la entrega de millones de productos en menos de 24 horas.do de la fifa 2026 para que estados unidos, canadÁ y mÉxico sean se desde los partidos de fÚtbol. advirtiÓ que habrÁ repercusiones polÍticas, para los paÍses que voten en contra. >>> el presidente mexicano enrique peÑa nieto le contestÓ a trump apoyando la candidatura, dejando aparte las diferencios entre ello y destacando que el fÚtbol los une la sede del mundial to 2026 se ra anunciada el prÓximo jun y hay otro paÍs que es marruecos. les recuerdo que solo faltan 48 dÍas para la copa mundial de la fifa rusia 2018. y cada partido y cada gol, lo va a ver por aquÍ por telemundo. los ingleses son aficionados a apostar quÉ nombre van a llevar los nuevos miembros de la realeza britÁnica. el Último ya se sabe que se va a llamar louis arthur charles. serÁ conocido como su alteza real el prÍncipe louis de cambridge. le han puesto al tercer hijo de los duques de cambridge. han acertado a medias. >>> al regresar, a noticias telemundo medio dÍa ha pensado usted como enfrentar la muerte. es parte

the golden ring for amazon will be signing up for prime. video gets them to do that, great, and they have 100 million of them. in terms of hardware sales, this is what matters for amazon. getting about 100 million of these devices out and installed, that you get a system where you can get apple tax or google tax revenue. sales, i don't find those two surprising. we are looking to see how many installed units there are of alexa devices. if they get to that 100 million devices installed, maybe by the end of the year but certainly somewhere in 2019. >> i'm reading through the shareholder letter now from jeff bezos, and i want to bring in spencer soper. bezos, spencers saying one thing i love about customers is that they are divinely discontent. their expectations are never static. , they go out it is human nature. you cannot rest on your laurels, customers won't have it. he says they will continue to invest for the long term. one of the highlights you are pulling out of this? >> i think the 100 million prime members is the big takeaway. it's a

street loves the fiscal discipline from amazon, committing to over a billion dollars in operating income in the current quarter, and hiking the price of its primeembership by 20% to help pay for the increasing costs of that program. now, even with the hike, i want to point out, amazon still cheaper on a monthly basis than some of the options at other popular subscription services like hbo now at $14.99 and netflix, and question is, guys, will customers agree with that back over to you >> the two sneaky $2 billion in advertising, very helpful in terms of having a better margin in the core retail business, but are analysts wondering whether that opens up the market to regulation and scrutiny moving forward given the data privacy issues we've had recently? >> good question, and amazon already opened up to the issues particularly gaining the attention of the president and his tweets, and so regulation is a big question for them going forward. they did not answer anything directly on the call, but something to think about remember, amazon is getting into advertising. if there's worries about facebook with a ton of data, amazon has a lot of our credi

you must be an amazon prime member and only works for cars that have onstar or volvo on call technology's rolling out in about three dozen cities, including san francisco and oakland. you get it in the bay area if you have those services for your car. you need a new car. >> i don't know if i can get one. >>> steph curry's wife as a different play today. not prepare shooter. in an nbc bay area exclusive, san jose )s fire chif explains what nes >>> tonight at 6:00, not prepared for an active shooter. the fire chief explains what is needed to get crews ready. >>> and finally at 5:00, steph is with the warriors, aysha is with the mayor. the focus was eat healthy and good food starts in the garden. >> how powerful it can be to change the way the whole generation looks at food. >> curry is expecting her third child, recently invested in an oak land startup called back to the roots. her husband, who plays for the warriors? >> her husband. >> hosts the spurs in oakland where they can sweep the series. very nice to see the curry family all around town today. >> they're so active in the community