Browsed by
Tag: #Amazon

Amazon to NYC: Drop Dead!

Amazon to NYC: Drop Dead!

What happens when business and politics meet

The big announcement recently was that Amazon is pulling out of its deal to have New York City become HQ2. A huge loss to the city, in terms of job creation and the benefits that come with a tech giant coming in with its huge and high profile footprint. Of course, NY offered some $3B in incentives to the behemoth. The downside of Amazon’s withdrawal is that New York will lose the taxes that Amazon would eventually pay, and for those of us who have been following the math, Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits, according to Yahoo Finance. Read More...

Invaluable Lessons Startups Can Learn from Trader Joe’s, a Food Retailer Who Created a Whole New Category

Invaluable Lessons Startups Can Learn from Trader Joe’s, a Food Retailer Who Created a Whole New Category

Ah, Trader Joe’s!

Ever notice the lines at TJ’s? We’re not talking about the ones at check-out. We’re talking about the ones that often spiral around the block, just to get into the store. You’d think that there was a celebrity inside perusing the avocados. Read More...

Is Web 3.0 the Age of Consent?

Is Web 3.0 the Age of Consent?

Web 1.0 was built on smoke and mirrors.

Web 2.0 was built with the user as the product. Read More...

Are we witnessing the waning days of Web 2.0?

Are we witnessing the waning days of Web 2.0?

Jeff Bezos lost as much as $14 billion in personal wealth during a brutal day for Amazon stock. Reported TheStreet.com, “The Nasdaq fell 4.1%, led in part by declines in the mega cap FAANG stocks. Facebook (FB) , Alphabet (GOOGL) , Netflix (NFLX)  and (AAPL) were down 4.13%, 5.06%, 8.38% and 4.63% respectively.

Amazon (AMZN) stock fell into correction territory, falling 6.15% on Wednesday and almost 14% since reaching a record high of $2,039.51 on September 4. Stocks are defined as being in correction territory if they decline between 10% and 20% from a bull market high. Read More...

If the News is Too Good to be True, Chances Are…

If the News is Too Good to be True, Chances Are…

Credit: onsizzle.com

 

Jeff Bezos seems to have made certain people in Washington (DC) quite happy last week. Of course, our red flags always go up with any announcement.

The big news was that Amazon has agreed to give all warehouse workers a $15 an hour minimum wage, thus satisfying Bernie Sanders, who had been after the company – and world’s richest man Jeff Bezos – for quite some time. As the AP reported, Amazon jumps out ahead of its rivals and raises wages to $15, and Sander (D, VT), hailed it as “a shot heard round the world.” Read More...

Life After Google Has a Solid Foundation

Life After Google Has a Solid Foundation

Google, et al, testified in Washington last week before the Senate Commerce Committee over issues ranging from election meddling to transparence. Apple, Amazon, Google and Twitter, alongside AT&T and Charter, were all there. In case you were distracted by yet another Senate hearing that was taking place, Ex-Google Employee Urges Lawmakers to Take On Company. Said The New York Times, “In a harshly worded letter sent this week, the former employee, Jack Poulson, criticized Google’s handling of a project to build a version of its search engine that would be acceptable to the government of China. He said the project was a “catastrophic failure of the internal privacy review process,” adding that ‘that there is a “broad pattern of unaccountable decision making.”

“We acknowledge that we have made mistakes in the past, from which we have learned, and improved our robust privacy program,” Keith Enright, Google’s chief privacy officer, said in his opening statement. Read More...

Post-Steve Jobs: Wash, Rinse, Repeat – Apple Hits $1T

Post-Steve Jobs: Wash, Rinse, Repeat – Apple Hits $1T

Here's to the crazy ones

What If Ma Bell Had Behaved Like Facebook? The Facebook Stock Fail Explained

What If Ma Bell Had Behaved Like Facebook? The Facebook Stock Fail Explained

Facebook’s stock took a nosedive last week, sending shockwaves through the stock market. Twitter also took a big hit. Time for perspective: the price is back to where it was in May. The stock price took a big jump in July, then came back down to earth.

Are we looking at end of days, an overdue correction, or time for Facebook et al to reexamine the business model?

The tech sector has no historic perspective. They have always felt that the rules of business don’t apply to them. Tech is a mere extension of utilities we’ve seen before. Facebook, in many respects, is the telco reimagined. Only, in this case, you can reach out and touch people globally, without incurring long distance charges. Or make a conference call, when it comes to posts. Read More...

Rock, Paper, Scissors: Defining the Tech Cartel

Rock, Paper, Scissors: Defining the Tech Cartel

Facebook defines itself as a tech company. Google does as well. Jeff Bezos, who owns Amazon as well as the Washington Post, defines the latter as a tech company, too, which, technically, means that the once venerated news organization, by definition, should no longer be considered a news publication of record, and thanks for playing.

Can’t have it both ways,

but definitions seem to be somewhat fluid in the tech world. All depends on which way the winds are blowing. Read More...

Amazon and Facebook: Two Very Different Paths Forward

Amazon and Facebook: Two Very Different Paths Forward

On the surface, not much difference in the Amazon Approach and the Facebook Approach: swallow up everything in your path. If we can’t buy you (Facebook/Snapchat), we will appropriate every new feature you develop and destroy you. Of course, when there’s a product or product line from an outside vendor that’s doing well on Amazon, the company will simply copy it and cut out the middleman.

Variations on a theme.

Not so, it seems, going forward, and it will be interesting to see who’s making the smarter bets. Facebook just introduced Facebook Local, which Wired is calling a Yelp and Foursquare killer and “the only Facebook app you need,” the point being to keep you even more engaged with the site, about which founding Facebook president Sean Parker had some choice words to share this past week, none of them flattering (Sean Parker unloads on Facebook “exploiting” human psychology), giving Axios “a candid insider’s look at how social networks purposely hook and potentially hurt our brains.” Bottom line here: Facebook is betting on a mobile future. Read More...

Social media & sharing icons powered by UltimatelySocial
%d bloggers like this: