amazon

4Apr

By THEIRL1ADMIN01No Comments

Journalism

8 Gift-Buying Alternatives To Amazon That Support Communities Of Color

Ditch the big companies for your last-minute holiday shopping and support these small businesses instead. It’s that time of year again! Retail stores across the country are decked with twinkly lights and tinsel, advertising “the best deals” to eager shoppers as they scramble to get the perfect gifts for their loved ones (to the tune of “All I Want for Christmas Is You” by Mariah Carey, of course.) This holiday season, shoppers are expected to spend an average of $1,536 per consumer. Giant corporations like Walmart, Target, and Amazon will take in a great portion of the $1.1 trillion retailers are projected to make. In 2017, during Thanksgiving week alone, Amazon made an estimated $15 billion. While patronizing these large corporations can get us the latest or biggest gadget at...

Getting Goods To Amazon Warehouses, Store Shelves And Your Door In Time For Christmas Highlights The Importance Of The Global Shortage Of Shipping Containers

21Sep

By THEIRL1ADMIN01No Comments

BUSINESS

Getting Goods To Amazon Warehouses, Store Shelves And Your Door In Time For Christmas Highlights The Importance Of The Global Shortage Of Shipping Containers

Anna Nagurney, University of Massachusetts Amherst Take a look around you. Perhaps you’re snacking on a banana, sipping some coffee or sitting in front of your computer and taking a break from work to read this article. Most likely, those goods – as well as your smartphone, refrigerator and virtually every other object in your home – once were loaded onto a large container in another country and traveled thousands of miles via ships crossing the ocean before ultimately arriving at your doorstep. Today, an estimated 90% of the world’s goods are transported by sea, with 60% of that – including virtually all your imported fruits, gadgets and appliances – packed in large steel containers. The rest is mainly commodities like oil or grains that are poured directly into the hull. In total, abo...

3Feb

By THEIRL1ADMIN01No Comments

BUSINESS

Jeff Bezos Is Stepping Down From Amazon

Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems. Amazon wasn’t the first bookstore to sell online, but it wanted to be “Earth’s biggest.” When it first launched, a bell would ring in the company’s Seattle headquarters every time an order was placed. Within weeks, the bell was ringing so frequently employees had to turn it off. But Bezos – who will remain at the company – set his sights on making it an “everything store.” After achieving dominance in retail, the company would go on to become a sprawling and powerful global conglomerate in numerous lines of business. Today, Amazon is the third-most valuable U.S. company – behind Apple and Microsoft – with a market capitalization of around US$1....

Lawmakers keen to break up ‘big tech’ like Amazon and Google need to realize the world has changed a lot since Microsoft and Standard Oil

4Apr

By THEIRL1ADMIN01No Comments

BUSINESS

Lawmakers keen to break up ‘big tech’ like Amazon and Google need to realize the world has changed a lot since Microsoft and Standard Oil

Big tech is back in the spotlight. The chief executives of Amazon, Apple, Facebook and Google are testifying before Congress on July 29 to defend their market dominance from accusations they’re stifling rivals. Lawmakers and regulators are increasingly talking about antitrust action and possibly breaking the companies up into smaller pieces. I study the effects of digital technologies on lives and livelihoods across 90 countries. I believe advocates of breaking up big technology companies, as well as opponents, are both falling prey to some serious myths and misconceptions. Myth 1: Comparing Google with Standard Oil Arguments for and against antitrust action often use earlier cases as reference points. The massive 19th-century monopoly Standard Oil, for example, has been referred to as ...

US probes Amazon’s cloud business in antitrust investigation

3Apr

By THEIRL1ADMIN01No Comments

BUSINESS, TECHNOLOGY

US probes Amazon’s cloud business in antitrust investigation

The scope of the investigation has been expanded to determine whether products by Amazon Web Services harm competition. U.S. antitrust enforcers have broadened their scrutiny of Amazon.com Inc. beyond its retail operations to include its massive cloud-computing business, according to people familiar with the matter. Investigators at the U.S. Federal Trade Commission have been asking software companies recently about practices around Amazon’s cloud unit, known as Amazon Web Services, said the people, who declined to be named because they weren’t authorized to speak publicly. The outreach by the FTC signals that the agency, which is already looking at Amazon’s conduct in its vast online retail business, is taking a broader look at the company to determine whether...

Amazon sues over loss of defence deal to Microsoft

3Apr

By THEIRL1ADMIN01No Comments

BUSINESS

Amazon sues over loss of defence deal to Microsoft

Amazon is expected to argue that political influence by President Donald Trump led to loss of cloud computing deal. Amazon.com Inc. filed a lawsuit on Friday challenging the Defense Department’s choice of rival Microsoft Corp. for a Pentagon cloud-computing contract worth as much as $10 billion. The lawsuit, which was filed under seal in the U.S. Court of Federal Claims in Washington, marks Amazon’s most aggressive push to defend its competitive edge in the lucrative and cutthroat world of federal government contracts. Amazon previously said it planned to formally protest its loss of the Pentagon’s Joint Enterprise Defense Infrastructure, or JEDI, cloud contract because the evaluation process was deficient. “It’s critical for our country that the government an...

3Apr

By THEIRL1ADMIN01No Comments

TECHNOLOGY

Amazon wants to send more than 3,000 satellites into space

In an effort to offer broadband, the company has requested the US government allow its Kuiper satellites into space. Amazon.com Inc. asked for U.S. permission to launch 3,236 communications satellites, joining a new space race to offer internet service from low orbits and challenge the fleet planned by Elon Musk's SpaceX. Amazon in a July 4 filing told the Federal Communications Commission its Kuiper satellites will deliver broadband to tens of millions of consumers and businesses that now lack adequate access to the internet. The agency coordinates trajectories and radio-frequency use. The FCC already has approved nearly 13,000 low-Earth orbit satellites. Those include 11,943 for Musk's Space Exploration Technologies Corp., which launched an initial batch ...

4Apr

By THEIRL1ADMIN01No Comments

Journalism

How New Yorkers Stood Up to Amazon and Won

Queens activists, unions, and political leaders worried about gentrification and opposed the $1.2 billion in tax breaks offered to the retail giant. When Amazon announced in November it would establish another headquarters in Long Island City, in the Queens borough of New York, the reaction wasn’t all positive. A group of local activists, unions, and political leaders voiced their opposition to the $1.2 billion in tax breaks the city and state offered the retail giant. Many cities had actively courted the company in hopes of investment and jobs. But the Queens contingent also feared increased gentrification and displacement from the neighborhood and came together to fight the decision. In February, the resistance scored a victory when Amazon abandoned its plans in New York. ...