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Here's your TNB Tech minute for Tuesday, April 29th. I'm Victoria Craig for the Wall Street Journal, Amazon considered displaying the impact of tariffs during the checkout process on its low cost site hall. The White House called the idea hostile and political. People familiar with the matter told the Journal President Trump himself phoned Amazon founder Jeff Bezos to raise concerns about the concept. Amazon declined to comment on the president's phone call, but said the idea, quote, was never approved and is going to happen. Amazon has been trying to keep prices low despite recent tariffs on China. It canceled some vendor orders from the country and asked others to confirm advertising commitments for this year. Elsewhere, Spotify saw double digit gains in monthly active users and premium subscribers last quarter, and it said it expects faster growth the rest of this year. Despite economic uncertainties, Spotify said it's been able to build its user base by pulling back on hefty spending on things like podcasts. The company also increased prices globally to help cut cover the cost of producing its services, but not so much as to push customers from the platform. The company's CEO said while there may be short term noise, he's confident in the long term strategy due to strong customer engagement and retention. And finally, the Wall Street Journal exclusively reports that Starbucks has seen success in a technology pilot that shaved two minutes off the average wait time for a beverage at its cafes. The coffee giant said three quarters of orders at a dozen test locations were completed in four minutes or less during the busies times. That's near the company's service time goal, and it was able to do it without delaying mobile orders. Starbucks said it plans to extend the pilot to hundreds more locations as it tries to solve one of its customers biggest gripes. For a deeper dive into what's happening in tech, check out Wednesday's Tech News Briefing podcast.
Episode: TNB Tech Minute: Amazon, White House Tangle Over Showing Tariff Fees
Release Date: April 29, 2025
Host: Victoria Craig, The Wall Street Journal
In the April 29, 2025 episode of the WSJ Tech News Briefing, host Victoria Craig delves into several pivotal developments in the tech industry. The episode covers a contentious dispute between Amazon and the White House, Spotify's impressive user growth amid economic challenges, and Starbucks' successful implementation of a technology pilot aimed at reducing customer wait times.
Timestamp: [00:29]
Victoria Craig begins by addressing a significant conflict between Amazon and the White House. Amazon had contemplated displaying the impact of tariffs during the checkout process on its low-cost site, Hall. This move was met with strong disapproval from the White House, labeling the idea as "hostile and political."
Notable Quote:
“Amazon considered displaying the impact of tariffs during the checkout process on its low cost site Hall. The White House called the idea hostile and political.”
— Victoria Craig [00:29]
The situation escalated when President Trump personally contacted Amazon founder Jeff Bezos to express his concerns about the proposed feature. While Amazon refrained from commenting directly on the president's phone call, the company stated that the tariff display concept "was never approved and is not going to happen."
Amazon has been actively striving to maintain low prices despite the recent tariffs imposed on China. In response, the company canceled some vendor orders from China and requested its partners to confirm their advertising commitments for the year, all part of its strategy to counteract the financial pressures from the tariffs.
Timestamp: [00:29]
Shifting focus, Craig highlights Spotify's remarkable performance in the last quarter. The music streaming giant reported double-digit gains in both monthly active users and premium subscribers. Looking ahead, Spotify anticipates even faster growth throughout the remainder of the year.
Notable Quote:
“Despite economic uncertainties, Spotify said it's been able to build its user base by pulling back on hefty spending on things like podcasts.”
— Victoria Craig [00:29]
Spotify attributes its success to strategic cost-cutting measures, including reducing substantial investments in areas such as podcasting. Additionally, the company implemented global price increases to help offset the costs associated with producing its services. These price adjustments were carefully calibrated to avoid alienating customers.
Spotify's CEO expressed confidence in the company's long-term strategy, despite potential short-term volatility. He emphasized the strength of customer engagement and retention as key factors underpinning Spotify's optimistic outlook.
Timestamp: [00:29]
In an exclusive report, Craig discusses Starbucks' latest technological innovation aimed at enhancing customer experience. The coffee giant successfully piloted a technology that reduced the average wait time for beverages by two minutes at its cafes.
Notable Quote:
“The coffee giant said three quarters of orders at a dozen test locations were completed in four minutes or less during the busiest times.”
— Victoria Craig [00:29]
During peak hours, three-quarters of orders were fulfilled in under four minutes, aligning closely with Starbucks' service time goals. Importantly, this efficiency was achieved without causing delays for mobile orders, which are increasingly popular among customers.
Encouraged by the pilot's success, Starbucks plans to expand the technology to hundreds more locations. This initiative is part of the company's broader effort to address one of its customers' most significant grievances: long wait times during busy periods.
Victoria Craig wraps up the episode by encouraging listeners to delve deeper into the evolving tech landscape by tuning into the upcoming Wednesday's Tech News Briefing. The April 29th episode provided valuable insights into how major players like Amazon, Spotify, and Starbucks are navigating challenges and leveraging technology to stay ahead in a competitive market.
For a comprehensive understanding of these developments and more, listeners are invited to follow the Wall Street Journal's continual coverage of the tech industry's dynamic shifts.
Note: This summary excludes non-content sections such as advertisements, intros, and outros to focus solely on the substantive discussions presented in the episode.