July 30, 2014

Despite the fact that Amazon's India marketplace launched just over a year ago, Amazon announced Wednesday that it's pouring an additional $2 billion into the operation.

The announcement comes a day after Indian e-commerce startup Flipkart — an Amazon rival founded by former Amazon executives — raised $1 billion in new funding.

In a statement released by Amazon, Jeff Bezos says he sees "huge potential" in Indian e-commerce, a base that continues to grow:

After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed our expectations. We see huge potential in the Indian economy and for the growth of e-commerce in India. With this additional investment of US $2 billion, our team can continue to think big, innovate, and raise the bar for customers in India.

At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales. [Amazon]

Amazon says that it's India's biggest e-commerce site, but it's more than a coincidence that the news comes on the heels of Flipkart's funding success. Meghan DeMaria

9:50 a.m. ET

Facebook has been used by governments as well as non-state actors to "manipulate civic discourse and deceive people," including in the run-up to the latest U.S. and French presidential elections, the company acknowledged in a white paper published Thursday.

"While sometimes the goal of these negative amplifying efforts is to push a specific narrative," the paper explains, "the underlying intent and motivation of the coordinators and sponsors of this kind of activity can be more complex." For example, some fake accounts "may not have a topical focus, but rather seek to undermine the status quo of political or civil society institutions on a more strategic level." Others engaged "with the apparent intent of increasing tensions between supporters of [political] groups and fracturing their supportive base."

Facebook intends to crack down on these "information operations" — propaganda, basically — both in technological advances that make fake accounts easier to eliminate, and in community education, attempting to train the public to better recognize illicit government manipulation. Bonnie Kristian

9:13 a.m. ET
Christopher Furlong/Getty Images

The economy grew at just a 0.7 percent rate in the first quarter of 2017, the Commerce Department reported Friday, marking the slowest quarterly expansion rate in three years. The clip is a steep drop-off from the previous period, when the economy grew at a 2.1 percent annual rate in the fourth quarter of 2016.

Despite President Trump's promises to boost economic growth, consumer spending in his first quarter in office increased by just 0.3 percent, which Bloomberg reported was "the worst performance since 2009."

Economists had projected a sluggish first quarter and expect growth to bounce back in the second quarter. Reuters noted that this isn't a "true picture of the economy's health," as the labor market reaches "near full employment" and consumer confidence soars. Becca Stanek

9:03 a.m. ET
Ben Jackson/Getty Images for SiriusXM

Bombastic conspiracy theorist and Infowars founder Alex Jones lost a custody case against his ex-wife, Kelly Jones, over the right to decide whom their children live with, The Daily Beast reports. Central to the case was a debate over if Jones' character on Infowars was authentic, or just a persona.

Jones is famous for promoting conspiracy theories, including that Hillary Clinton is a literal sulfuric demon and that the government perpetrated 9/11 and the massacre at Sandy Hook Elementary School. His show is broadcast on 150 stations and gets millions of unique visitors every month and is ranked 387th of all U.S. websites — not far behind and During the trial, Judge Orlinda Naranjo averted allowing arguments centered on Jones' politics and limited the number of Infowars clips that could be shown in court.

While the parents will continue to have joint custody over their three children, Kelly Jones had told the court she had only seen the kids five times this year. The jury ruled in her favor 10-2.

Attorney Robert Hoffman argued Alex Jones is a "master manipulator" who is "like a cult leader, and we see the horrific things cult leaders do to their followers — and the kids are his followers, doing what daddy says to do." Kelly Jones said she was afraid of her children being exposed to his beliefs and that they are "morphing into him." Jeva Lange

8:20 a.m. ET

President Trump has been both dismissive of the first-100-day framework for his presidency and eager to notch any tangible accomplishments he can point to on Day 100, which is Saturday. No president has been able to match up to Franklin D. Roosevelt, who came up with the 100-days idea and had amazing legislative and executive-order successes, says David R. Mayhew, a Yale political science professor emeritus, at The Washington Post. And FDR had what appeared to be the two crucial ingredients for a 100-day legislative binge; Trump has only one.

The first factor successful presidents have, a congressional majority for their party, is "an obvious consideration" but "it hasn't made as much difference as one might think," Mayhew says. In fact, since the 1930s, "only one enactment stands out as particularly important — President Barack Obama's stimulus legislation," signed less than a month into his first term. Where Trump falls short, he explains, is the lack of "a national emergency or some other spur to action." FDR had a "a triple whammy of conditions that made the era legislatively exceptional," Mayhew notes, but Lyndon B. Johnson got a lot done after John F. Kennedy's assassination, Ronald Reagan had an economic crisis, and Obama had the Great Recession. He continues:

The problem for today's Republicans is that the social and economic context is relatively calm. There is no recession, bank crisis, terrorist attack, or war. An election by itself is not enough. A 100-days legislative binge would have been astonishing. Trump's goals — such as tax reform, trade, infrastructure, health care, and immigration, are not short-fuse topics. Major changes on these issues require months of congressional fussing. Eisenhower won his tax reform in his second year; Reagan won it in his sixth year. [Mayhew, The Washington Post]

Like FDR, Trump is accomplishing some things through executive fiat, Mayhew says, "but in eras with no background crisis, it might be time to retire the expectation that any new president will go on a first-100-days lawmaking binge." You can read more at The Washington Post. Peter Weber

7:49 a.m. ET
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President Trump's former campaign manager, Corey Lewandowski, is reportedly flaunting the fact that his firm can get clients sit-down meetings with "well-established figures" like Trump and Vice President Mike Pence, Politico reports. An Eastern European politician revealed documents from Washington East West Political Strategies, which Lewandowski co-founded, boasting that the partners could "leverage [their] trusted relations with the U.S. administration" on a client's behalf.

"Whether Corey Lewandowski is just engaging in business as usual or actually going further, it definitely has a pervading swampiness to it that has become the new normal in Trump's Washington," said Lisa Gilbert, vice president of the watchdog group Public Citizen. Trump, notably, has vowed a crackdown on lobbyists.

Barry Bennett, a Republican strategist and co-founder of the firm, argued "90 percent of our business has nothing to do with access. Ninety percent of our business has to do with being a sherpa — who to call, what to do. We don't take people in to see the president or the vice president." Lewandowski is not actually registered as a lobbyist because "he hasn't lobbied," Bennett added.

Politico notes that nevertheless "White House officials worry that Lewandowski's efforts to market his access — which are brazen even by K Street's unbashful standards — are an influence-peddling scandal waiting to happen for a president who pledged to end the dominance of lobbyists and special interests in Washington." Read the full report at Politico. Jeva Lange

6:43 a.m. ET
Brendan Smialowski/AFP/Getty Images

President Trump's United Nations ambassador, Nikki Haley, is one of the most outspoken members of Trump's foreign policy team, and the State Department is trying to make sure she isn't getting too far ahead of the Trump administration on foreign policy, The New York Times reports, citing an email to Haley's office from State Department diplomats. When she is preparing remarks, Haley should rely on "building blocks" established by the State Department, the email said, and her comments should be "re-cleared with Washington if they are substantively different from the building blocks, or if they are on a high-profile issue such as Syria, Iran, Israel-Palestine," or North Korea.

Unusually, Haley is a much more visible Cabinet member than her boss, Secretary of State Rex Tillerson, who is as reticent and press-shy as Haley is comfortable in the spotlight. The two will appear together for the first time on Friday at a U.N. Security Council meeting on North Korea. The State Department and Haley's office both declined to comment to The New York Times, but a member of the Trump transition team, James Carafano, said there's no tension. "Any notion that there's some kind of competition between Haley and Tillerson is laughable," he said. "She's filling a role and is comfortable in that role, and I don't think Tillerson feels threatened by that."

Rivalries are nothing novel in the Trump White House, and a White House aide told the Times that some inside the administration believe Haley is too visible. A Security Council member, on the other hand, said her high-profile role chaperoning 14 Security Council members around the White House on Monday — Tillerson was not there — appeared designed to showcase her prominence. Trump illustrated this dynamic with an awkward joke at Monday's luncheon. "Now, does everybody like Nikki?" he asked Haley's Security Council colleagues. "Because if you don't, otherwise, she can easily be replaced." After a bit of uncomfortable laughter, Trump made clear he was joking. "No, we won't do that, I promise," he said. "We won't do that. She's doing a fantastic job." Peter Weber

5:10 a.m. ET

"Obama's back, and so are the haters," Trevor Noah said on Thursday's Daily Show. The former president is taking a lot of heat for giving a speech to Wall Street firm Cantor Fitzgerald for a fat paycheck, but Noah wasn't buying the outrage. "Obama's getting $400,000 to be a keynote speaker," he said. "He's probably going to give a very important policy speech entitled 'The Four Boats I'm Going to Buy.' Now look, I know that people may say that it weakens public trust when politicians cash in immediately after leaving office, but at least Obama waited until he left office, unlike [President Trump], who's using the White House like an ATM machine. And yeah, don't get me wrong — I agree that the system must change, but it doesn't change with Obama. People are like 'Why doesn't he not accept the money?' No, f— that!"

"So the first black president must also be the first one to not take money afterwards?" Noah asked. "No, no, no, no, no, my friend. He can't be the first of everything. F— that, and f— you." Go ahead, he added, "make that money, Obama." Noah did start to make a broader point: "Instead of focusing on how Obama can make so much money from Wall Street for a speech, maybe we should be asking why Wall Street has so much money to give people for a speech: the loose regulations, the intensive lobbying and favorable — you know, the truth is, we can't get into all of this, there's too much, there's too much else that's going on that we have to talk about today."

He spent the next four minutes on quick takes of two events: Ann Coulter vs. Berkeley ("they should just let her speak, because you realize she doesn't actually want to speak, she wants to be stopped from speaking") and the odd all-Senate White House field trip to be briefed on North Korea, which turned out to be a mostly substance-free dog-and-pony show. "Donald Trump just called them there," Noah said, laughing, "and I wouldn't be surprised if just brought them to be, like: 'Did you guys know there are two Koreas? It's a lot more complicated than we thought, folks, a lot more complicated, a lot more.'" There's some slightly NSFW language. If that doesn't bother you, watch below. Peter Weber

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