“When Amazon gets involved in anything from supermarkets to pharmaceuticals, the market knee-jerks in a very predictable way, wiping billions of dollars off the valuation of every other company in the industry. The logic, such as it is, is that Amazon is such a formidable competitor that no company can do well while competing with them. Except, that logic isn’t really borne out by any kind of evidence.” In Wired, Felix Salmon says we should stop being so worried about The False Tale Of Amazon’s Industry-Conquering Juggernaut. (We’ll see if he feels the same way when Amazon gets into business journalism…)

+ Best Buy Should Be Dead, But It’s Thriving in the Age of Amazon.

+ The Ringer’s Justin Heckert heads to Alaska for one last Blockbuster night.