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“Amazon may kill Amazon Basics, other private brands: report” Amazon has started reducing the number of items it sells under its own brands like Amazon Basics amid weak sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company has also discussed the possibility of exiting the private-label business entirely to…
“This Echo Dot speaker stand has the Greek God Atlas holding up your Alexa device” Call it an eclectic piece of home decor or an odd metaphor for Amazon’s global dominance. Meet Atlas. Greek Titan, mythical holder of planet Earth, and now a tabletop accessory to plop your 4th Gen Echo Dot smart speaker on….
“NFL to pick ‘Sunday Ticket’ partner by this fall, Roger Goodell says” The NFL plans to award the coveted rights to its “Sunday Ticket” package to a major streaming service – with the victor to be determined by this fall, Commissioner Roger Goodell said Friday. Goodell addressed Sunday Ticket’s future while he and other moguls…
“Texas teen accused of plotting mass shooting at Amazon warehouse” Police in San Antonio, Texas, have arrested a 19-year-old Amazon warehouse employee for allegedly threatening to carry out a mass shooting at his workplace. Rodolfo Aceves was taken into custody last Monday on a charge of terroristic threat causing fear, which is a third-degree felony…
“Amazon workers demand time off to ‘grieve’ SCOTUS abortion ruling” Amazon employees upset over the recent decision by the Supreme Court to overturn Roe v. Wade asked the company for “space and time” to “grieve” and “protest against this assault on our rights,” according to a leaked letter. The petition was reportedly signed by hundreds…
“Woman orders chair on Amazon — receives bonus vial of blood” Surprises in the mail are always fun — except when it’s a vial of what appears to be human blood. Jen Begakis claimed that she ordered a leather chair from Amazon, but then found an unsettling addition to the package when she took it…
“Amazon CEO Jassy spent first year cleaning up Bezos’ messes: report” Bigger is not always better as Amazon CEO Andrew Jassy has discovered in his first year on the job. The online retailer has too many warehouses, employees and until recently too many stores, but Jassy — who took the reins from the company’s billionaire…
“Amazon ‘could run out of people to hire in US by 2024’: report” Amazon is sounding the alarm over an internal memo which estimates that the retail giant could run out of people to hire and man their US-based warehouses within the next 18 months, according to a report. An internal research paper that was…
“Amazon Prime Day to be more muted: survey” Amazon’s Prime Day next month will be less robust than previous years, according to a new survey. As inflation takes a bigger bite out of household budgets, consumers said they are planning to spend 29% less with Amazon than in 2021 on Prime Day – which the…
” Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder “ Ari Paul, founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech crash back in the year 2000. Paul likens Bitcoin (BTC) to Amazon, which is one of the companies…