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WIRED (November 1)

2018/ 11/ 03 by jd in Global News

The walkout at Google was “just the latest sign of tech worker unrest.” Tech workers are “starting to recognize that even well-paid tech jobs are not immune to” harassment and other internal workplace issues, as well as ethical concerns over the products they sell. Thursday’s protest was just “the latest in a string of collective actions by tech workers against their employers” that has included “similar attempts inside Microsoft, Salesforce, and Amazon.”


Barron’s February 21)

2018/ 02/ 22 by jd in Global News

“Retailers had a great holiday season to end 2017…but not all of them will be able to hang on to that momentum throughout the year.” Despite some gains, such tighter inventory control and higher gross margins, “investors will be more focused on whether or not companies can sustain that momentum, given how retail was trounced last year by worries about and e-commerce in general.”


Fast Company (December 24)

2017/ 12/ 26 by jd in Global News

Despite fears of a brick-and-mortar retail apocalypse, many retailers “are flourishing in the age of Amazon. After all, more than 90% of retail sales still happen in the real world, and as relentless as Bezos is, it’s not likely he’ll swallow up all of brick-and-mortar on his own. The truth is that the bigger Amazon gets, the more opportunity it creates for fresh, local alternatives. The more Amazon pushes robot-powered efficiency, the more space there is for warm and individualized service.”


Fortune (June 19)

2017/ 06/ 21 by jd in Global News

Amazon’s all-time high stock price put founder Jeff Bezos ”about $4 billion away from overtaking Gates, who is worth about $90 billion…. Since Bezos net worth is largely tied to his 78.9 million shares of Amazon, becoming the world’s richest person is completely within the realm of possibility. After all, his net worth has already shot up by $19.3 billion in the last six months thanks to strong earnings and growing investor confidence in the economy, sending Amazon’s stock 35% higher since the start of the year.”


Financial Times (May 4)

2015/ 05/ 04 by jd in Global News

EU policy makers’ now have their “sights have fixed upon ‘Gafa’ — the acronym used to denote Google, Apple, Facebook and Amazon.” The regulators do not hate technology. “They understand that digital services invigorate the economy. But…. Europe has recently felt itself to be more on the losing side; however measured, not one of the world’s largest internet companies is European.”


Time (May 19)

2011/ 05/ 21 by jd in Global News

“It was bound to happen, but no one really thought it’d happen this fast.” Amazon announced that it is now selling more e-books than paperbacks and hardcovers combined. Amazon began marketing Kindle e-books books less than four years ago, and is now selling roughly 105 Kindle books for every 100 print versions.


Wall Street Journal (August 8)

2010/ 08/ 09 by jd in Global News

With 720 stores, Barnes & Nobel is the largest bricks and mortar book seller in the U.S., yet valued at less than $1 billion. In comparison, Amazon’s market cap exceeds $55 billion. Barnes & Noble is seeking suitors to help turn things around. This marks a tipping point. “Technology has made the physical scale of Barnes & Noble a liability.” EBooks offer enhanced features such as video, audio and interactivity while eBook sellers such as don’t need “retail outlets, inventory, returns, printing or shipping costs.” The age that began with Guttenberg is nearing an end. Today we are turning “new pages in the history of the book, whose final chapters are yet to be written.”