that's an interesting point because people like jeff basos who is the founder and ceo of amazon, they have big companies to run. they clash with the government. they have their own special interests and now basos is part of the special interests. so i wonder, do you think that's a potential problem that they, you know, are sort of part of corporate america? and also could basos use his experience in amazon to get people to stay on a news site longer or to be repeat customers? >> i think that's always a danger, but that's a danger ever present in the media today. "the washington post" company before bas oo s bought it, you know, they ran capllan, this huge education company and that had a lot of dealings in washington and a lot of controversy and the washington post, the newspaper, had to steer around it and report on it. that happens in all big media companies. so i don't think it's very different in this case. so i think jeff basos' expertise, i think that's one. the other thing, though, one of the things he's shown with amazon is that he's willing to try a lot of different business

those who work there saying the culture inspired by jeff basos is much, are you lazy or incompetent?ar that idea again, i'm going to have to kill myself. after a presentation, why are you wasting my life? which i've said to ari several times. if it's true nice guys finish last, you understand why hes had a lake front mansion near gates' and worth $25 billion thanks to the everything store, which is also the title of brad stone's fascinating best selling biography out this week. brad, you talked to jeff many times for this book. there were other people doing websites selling books when amazon started. what is it about jeff basos that made him be able to take this book selling website to be this internet global monster? >> right. just 19 years. a couple of factors, one, he got a tremendous head start. 1994, he was on wall street. he saw the internet dawning and moved to seattle. ultimately was able to raise a lot of money. and amazon went through its own share of turbulence. there were a couple of years during the dotcom bust when the share price went down into the single digits but wh

. >>> amazon.com founder jeff basos is no officially the owner of the "washington post." his $250 million purchase was completed yesterday, transferring owner ship from the "washington post" company to nash holdings. for the past 80 years the post was owned locally. >>> $1 million bail now set for the man who walked into a florida airport and told security he had a bomb in his backpack. flights are only just now returning to normal. >>> plus, d.c. police recruits in training. we'll take you inside the new tactical training village that si >>> scott macfarlane is at the live desk. they are moving the making strides against breast cancer from the mall to prince george's. it shut because of the government shut down. this event that is expected to have about 2,000 walkers will shift to six flags in upper marlboro. that's october 6 thd, which is saturday. also new numbers on how many people have visited healthcare.gov. 4.7 million visits yesterday. the call center received more than 190,000 calls. officials say they ex-president to see high volume and wait times for the next f

jeff basos the ceo, they plow their money back in the business to generate more revenue growth.the latest quarter, amazon delivered the holy grail of momentum. with its revenues rising 24% up from 22% growth if previous quarter, plus, despite all the hand winging about profitability, the gross mar jen expanded by a whopping 240 basis points, that said, amazon is a cold stock. it's a colt that i understand people's willingness to join. then there is the other growth name november 2011 when we made the switch from candies to f-5 networks? with f-5, we're once again back in the network territory. the fast lane of the information super highway, the of ware keeps data traffic moving as swiftly as possible is down sentence i added it to the index. that's because the f-5 has been getting cut in half. going from $138 in april, 2012, to a low of $67 this july. since then, f-5 has been coming back like so many times before. it rallied up to $84 today. just yesterday, they reported absolutely excellent no flies quarter. f5 is launching the big product in four years. plus the company is up

jeff basos, don't you think we just defer to him at this point? wouldn't you, with money? here it is, jeff, do you figure out what you need to -- you know, i wasn't really asking for that. he's iconic. he's -- if he wants to use some of my money to expand the business, i would say, give it back to me in a couple of years and i'll trust you to use it between now and then. that's not a bad idea, is it? >> definitely he manages the business for the long-term and he's clearly focused on getting market share. i mean, you look and basically they have a three-pronged approach. fast delivery, low prices, that's their strategy. they keep advancing it. it's working very well. >> but why does everybody believe one day in the future there's going to be this moment where he's going to decide to flip the switch and when he flips the switch it actually works? >> the reason we believe that is in 2004, they hit their high water mark and their csio margin of 7.1%. if you look at the recent announcement, you have the buy $35 worth of merchandise to get free two-day shipping. so fulfillment co