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Thread: Amazon Post?

  1. #16
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    Default Re: Amazon Post?

    Amazon has now overtaken Alphabet/Google to become the 2nd most valuable company in the world, behind Apple, and on current trends will probably overtake Apple in a year or two.
    https://www.investors.com/news/techn...uable-company/




    As a general rule the most successful man in life is the man who has the best information.

  2. #17
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    Amazon has effectively caught up with Apple.......


    $2.4B/day: Amazon hit a $1T valuation this week, becoming the second company to do so, after Apple. It took the tech giant 165 trading days to reach the 13-figure benchmark from its $600B valuation in January. (In other words, it grew at an average of $2.4B per trading day.) Together, Amazon and Apple now make up over 8% of the entire value of the S&P 500. Our Amazon research covers everything from Amazon’s moves in financial services to how the company aims to transform the healthcare space. See it all here.


    As a general rule the most successful man in life is the man who has the best information.

  3. #18
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    When Amazon invited cities to compete for its second global headquarters a year ago today, it got reams of data from the 238 entrants — enough to learn details of the cities' future plans that a lot of their residents don't even know about, Axios' Erica Pandey reports.

    • Why it matters: The information effectively provided Amazon with a database of granular details about the economic development prospects of every major metropolitan area in the United States (and some in Canada).
    • The database could help with expansion decisions that go way beyond HQ2.

    Amazon's warehouses are within 20 miles of 31% of the U.S. population, while Walmart owns stores within 20 miles of 98% of the population, says Cooper Smith, an industry analyst at Gartner L2.
    As a general rule the most successful man in life is the man who has the best information.

  4. #19
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    Default Re: Amazon Post?

    US senator Bernie Sanders has it out for Amazon. On Sept. 5, Sanders introduced a bill—the unsubtle “Stop Bad Employers by Zeroing Out Subsidies Act” or Stop BEZOS Act—that would tax employers whose workers depend on government-assistance programs such as SNAP and rental subsidies. Roundly criticized for effectively encouraging companies to hire fewer low-income workers, the Stop BEZOS Act is unlikely to live up to its name.


    But the political pressure on Amazon isn’t going anywhere. In addition to its (brief) $1 trillion market value and the $167 billion personal fortune of its CEO, Amazon faces a drumbeat of worker complaints, unionizing efforts from employees at Whole Foods, fatigue with its game-show-like hunt for a new headquarters, persistent rumblings about antitrust, and Congress souring on big tech. It’s clear the company should be wary of Washington.


    Amazon, of course, knows this, even if it wouldn’t admit it. That might be why three of the 20 cities on Amazon’s HQ2 shortlist were in the DC metro area, why Bezos is spending $12 million to renovatehis $23-million DC mansion, and why Bezos this week made his biggest-ever campaign contribution, donating $10 million to a PACthat supports military veterans running for Congress on both sides of the aisle.


    For most of its history, Amazon’s main concern was keeping customers happy and profit-hungry investors at bay. These days, the money is pouring in. Alexa is a hit, the stock is up more than 60% since January, and Amazon is crushing competitors with mere announcements. It’s become difficult to even define what Amazon is as a company. But that won’t stop it from being a target for critics.—Alison Griswold
    As a general rule the most successful man in life is the man who has the best information.

  5. #20
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    scariest thing i read today is that Amazon is trying to patent a completely robotized man cage to transport people between warehouse locations

    basically you enter in a metal box (same type they put underwater to protect scientists studying sharks) and the robot locks ya up and moves the cage around the store/field/warehouse to make sure the workin' bee gets job done


    next imagine the BostonRobotics dogs keeping guard

    #F*ckBeZos

  6. #21
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    Default Re: Amazon Post?

    Quote Originally Posted by random new yorker View Post
    scariest thing i read today is that Amazon is trying to patent a completely robotized man cage to transport people between warehouse locations

    basically you enter in a metal box (same type they put underwater to protect scientists studying sharks) and the robot locks ya up and moves the cage around the store/field/warehouse to make sure the workin' bee gets job done


    next imagine the BostonRobotics dogs keeping guard

    #F*ckBeZos
    Even though I rarely buy from Amazon and don't have a Prime membership, or rarely shop at Whole Foods, I have a generally favorable view of Bezos. I like his disruptive ethos.
    I'm a Musk fan too, but he is testing the limits of my tolerance.
    As a general rule the most successful man in life is the man who has the best information.

  7. #22
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    Quote Originally Posted by Count Bobulescu View Post
    Even though I rarely buy from Amazon and don't have a Prime membership, or rarely shop at Whole Foods, I have a generally favorable view of Bezos. I like his disruptive ethos.
    I'm a Musk fan too, but he is testing the limits of my tolerance.
    both are megalomaniac but Bezos has his brain IQ/EQ in the right place for now, busineswise he's got too big for his own good... he is focused

    the other one has his mind on 10 simultaneously massive projects and just went off the rails lately ..

    i feel that Musk is a lot more likely to fail than Bezos, there is something wrong with him (bipolar, maniac-depressive at the very least)

  8. #23
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    Jeff Bezos gave a master class on life and business onstage in Washington last night, with this keeper advice: "All of my best decisions in business and in life have been made with heart, intuition, guts, ... not analysis."

    • "If you can make a decision with analysis, you should do so. But it turns out in life that your most important decisions are always made with instinct and intuition."

    "Everything I have ever done has started small," Bezos added, drawing laughter at the 32nd anniversary dinner of the Economic Club of Washington, D.C.:

    • "Amazon [now with 500,000 employees] ... started with five people."
    • "It's hard to remember for you guys, but for me it's like yesterday I was driving the packages to the post office myself, and hoping one day we could afford a forklift."

    Amazon's president, CEO and chairman was interviewed at the Washington Hilton for 70 minutes by David Rubenstein, co-founder and co-executive chairman of The Carlyle Group (one of the world’s largest private equity firms), and president of the Economic Club.

    • After a long answer, Rubenstein joked: "I'm not used to cutting off the richest man in the world."

    Bezos, 54, owns The Washington Post, where today he'll cut the ribbon on a newsroom expansion to accommodate 850 journalists and 350 engineers. He drew applause with his defense of the press:

    • "What the president should say is, 'This is right. This is good. I'm glad I'm being scrutinized.' And that would be so secure and confident."
    • "But it's really dangerous to demonize the media. ... It's dangerous to say that they're the enemy of the people."

    Turning to business best practices, Bezos said he sets his first meeting at 10 a.m.:

    • "I go to bed early and I get up early. I like to putter in the morning. So I like to read the newspaper. I like to have coffee. I like have breakfast with my kids before they go to school."
    • "I do my high-IQ meetings before lunch. Like anything that's going to be really mentally challenging, that's a 10 o'clock meeting. And by 5 p.m., I'm like, 'I can't think about that today. Let's try this again tomorrow at 10 a.m.'"

    Bezos said he gets eight hours of sleep:

    • "I prioritize it. ... I think better. I have more energy. My mood is better."
    • "As a senior executive, you get paid to make a small number of high-quality decisions. Your job is not to make thousands of decisions every day."
    • "Is that really worth it if the quality of those decisions might be lower because you're tired or grouchy?"

    "All of our senior executives operate the same way I do. They work in the future, they live in the future."

    • "Right now, I'm working on a quarter that's going to reveal itself in 2021 sometime."
    • "If I make, like, three good decisions a day, that's enough."
    • "Warren Buffett says he's good if he makes three good decisions a year." [Laughter].
    As a general rule the most successful man in life is the man who has the best information.

  9. #24
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    Default Re: Amazon Post?

    Amazon only relatively recently got into the online ad biz......


    Amazon's ad business is soaring
    Reproduced from eMarketer; Axios Visuals
    Amazon’s ad business will bring in $4.61 billion this year, according to a new eMarketer study. That's up a whopping 60% from the projection of $2.89 billion in March — and puts Amazon ahead of Microsoft in its share of the U.S. digital ad market, Axios' Sara Fischer reports.
    Why it matters: While it's still a distant third behind Google and Facebook, Amazon's share is growing so fast that some analysts argue it could one day catch up with those leaders.
    The bigger picture: The news comes just weeks after Amazon surpassed $1 trillion in market value. Some analysts predict Amazon's ad business is growing so fast that it will overtake its lucrative cloud business, Amazon Web Services, in just 2 years.
    Strong growth in product search and insight into consumer purchase behavior are what eMarketer’s senior director of forecasting Monica Peart cites as fueling Amazon's recent ad growth.
    Go deeper: Read Sara's full story.
    As a general rule the most successful man in life is the man who has the best information.

  10. #25
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    Quote Originally Posted by Ephilant View Post
    What's up with Amazon? Anybody any idea?
    since Saturday 21/06, "Seller Central" Amazon.co.uk has been unavailable. Seller central is where sellers on Amazon maintain their accounts, stock, payments etc. It contains very sensitive information about individual account holders, including credit card details. It went down some time on Saturday, and remains down. Amazon cannot be reached for any comment nor support, Sellers trying to login are told they are not "an authorized Seller Central Users", there is no way for them to contact Amazon for help or an explanation, and when they try to change their password, they get a message stating that


    When they fill in the form, they get this message


    Has Amazon been hacked? gone bust? Done a runner? or are they simply being totally ignorant and not telling their sellers what is happening?
    The site has been purchased by Monte?

  11. #26
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    Default Re: Amazon Post?




    1. Amazon is considering a plan to open 3,000 more cashierless "Amazon Go" stores within the next 3 years, Bloomberg reports.



    Regulators on both sides of the Atlantic are examining whether Amazon's mountain of data gives it an inherent — and unfair — advantage over rivals. But they may be probing the wrong thing in the data.


    Axios' Erica Pandey reports that James Thomson, a former Amazon executive who now consults for brands that sell on the platform, says the e-commerce giant's singular advantage is behavioral data allowing it to precisely target customers for its private label products.


    This data tells Amazon who precisely is interested in what product. "They know exactly who has looked for batteries but has not purchased them," Thomson tells Axios. "That's the audience you want."



    • Driving the news: Margrethe Vestager, the EU's top antitrust cop, today launched a probe of whether Amazon is unfairly monopolizing data in order to outsell rivals.
    • Amazon declined to comment. But it might argue that third-party sellers — big-time wholesalers (about 0.5% of Amazon merchants) — have access to the same sales data as Amazon does.
    • But behavioral data — which it does not share — is deadlier, Thomson says. With it, Amazon can target a customer and beat national brands on price.




    "They basically get to boil the ocean for their whole catalog and figure out exactly where the opportunities are."
    James Thomson


    The dominance of Amazon's private label on its platform will become a louder question if voice commerce — something the company is pursuing through Alexa — becomes the next big thing, says Gartner L2 analyst Cooper Smith.



    • Brands will have to train shoppers to ask for their exact products when barking an order at Alexa.
    • Otherwise, a generic request for "toilet paper" will mean Amazon gets to ship customers its own brand.

    Go deeper: How Amazon steers shoppers to its own products. (NYT)
    As a general rule the most successful man in life is the man who has the best information.

  12. #27
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    Default Re: Amazon Post?

    Amazon introduced a slew of devices Wednesday, but there's one thing they all had in common: Alexa.
    The bottom line: This is our future. Like it or not, we can expect most devices we buy going forward to include not just voice assistants, but all kinds of consumer smarts.
    The details: Amazon announced more than a dozen products, including...



    • New audio gear, including new Echo Dot and Echo Plus models and a new subwoofer.
    • Diverse new options, ranging from a microwave to a car dash unit to a wall clock.
    • Microsoft is also working to bring Skype calls to Alexa.




    What they're saying:



    • The Verge's Nilay Patel: "Amazon putting out this many new Alexa products is a little crazy, but also smart for the holidays: everyone already has a phone, and every one of these things sold as a gift either brings people into the Alexa ecosystem or cements them further."




    • The Washington Post's Geoffrey Fowler: "Nearly 1.5-hour Amazon product show, and nary a mention of privacy or security," an issue also highlighted by Recode. Fowler also noted that much of Amazon's strategy relies on solid Wi-Fi throughout the home, something many people still lack.




    • Fast Company's Harry McCracken: "There are product categories you can be confident Apple and Google won’t enter. Not true for Amazon."







    Yes, but: Despite the many things Amazon has built Alexa into, there's one important place it's absent: most smartphones.



    • Amazon does have Alexa apps, but the iPhone has Siri built in and Google has its Assistant, leaving little space for Amazon. That's what makes the Fire Phone's flop all the more painful for the company.
    As a general rule the most successful man in life is the man who has the best information.

  13. #28
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    Default Re: Amazon Post?

    Amazon announced yesterday that it would raise minimum wage for 335.000 employees to $15ph. Currently they are paid between $10 and $14 depending on location.
    The Federal min is $7.25, but most states have a higher. A few cities have implemented $15. When DC did it Walmart scrapped plans to open 4 stores. Walmart currently pays $11 on average. On TV Bernie Sanders couldn't say enough good things about Amazon/Bezos whom he has attacked frequently............




    Ripple effect: Amazon’s $15 wage may help lift pay elsewhere
    "After years of sluggish pay gains, the economy may be starting to work for America’s low-wage workers," AP's Christopher Rugaber reports:

    • "Amazon’s announcement [yesterday] that it will raise its minimum wage to $15 an hour will intensify pressure on other companies to lift their pay levels."
    • "Among the most likely to do so: Amazon’s rival retailers and warehouse operators, many of which are facing the prospect of staff shortages as they ramp up for the holiday shopping season."
    • "This is going to be a big deal for very low-wage workers," said Ben Zipperer, an economist at the liberal Economic Policy Institute. "It’s going to compel other businesses to raise wages as well."

    "Amazon’s announcement will likely embolden labor activists and unions that have been pressing large fast-food and retail chains to raise pay, provide more reliable work schedules, and allow for union representation."

    • "Indeed, shares of retail companies fell sharply ... in a sign that investors expect them to have to raise pay to compete with Amazon."

    Go deeper: Axios' Erica Pandey examines the forces behind Amazon's wage hike.
    As a general rule the most successful man in life is the man who has the best information.

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