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  • Would it be better if they could develop robotic "pickers" so that the warehouses didn't employ anyone?

  • You Can Close The Studio, Amazon Patents Photographing On Seamless White

  • no one mentioned amazon drones?

  • All I know is that I always have the same hot red haired tattooed chick delivering my amazon orders...Thank you Amazon! :-D

  • A new study entitled The “Amazon Tax”: Empirical Evidence from Amazon and Main Street Retailers comes from the Fisher College of Business at Ohio State University, released in April 2014.

    The researchers looked at consumer behavior in five states (California, New Jersey, Pennsylvania, Texas, and Virginia). They compared spending patterns before and after the states required permanent collection of taxes on Amazon purchases between 2012 and 2013.

    The data comprised daily transactions for 2,807,476 households from January 1, 2012 to December 31, 2013, and included both banking (i.e., checking, savings, and debit card) and credit card transactions. Researchers observed the date, amount, and description of each transaction. Among the findings:

    • Amazon sales fell by 9.5 percent following introduction of mandatory sales tax across all states in the value of products (net of sales tax).
    • The total dollar amount spent by consumers on Amazon, including taxes, decreased by 2.8% in the wake of a law’s implementation.
    • Avoiding sales tax was especially important for large purchases. When sales tax laws were in place, people decreased their spending by 15.5% on purchases larger than $150, and by 23.8% on purchases equal to or larger than $300.
    • With sales tax collected, people moved away from from Amazon to competing retailers, both brick-and-mortar and online. There was a 19.8% increase in purchases at the online operations of competing retailers. There was a 2.0% increase in local brick-and-mortar expenditures at these retailers.
    • For purchases over $300, there was a 23.7% increase in purchases at other online retailers and a 6.5% increase in purchases at local brick-and-mortar retailers. Amazon Marketplace merchants, who are generally not subject to the Amazon Tax, experienced a 60.5% sales growth on large (over $300) items.

  • CEO Jeff Bezos told investors at a shareholder meeting Wednesday that he expects to significantly increase the number of robots used to fulfill customer orders.

    There are currently about 1,000 robot workers on Amazon floors. Amazon will be using 10,000 robots in its warehouses by the end of the year.

  • I for one welcome our mechanical box packaging overlords.

  • Don Corleone: I'm gonna make him an offer he can't refuse.

    As Publishers Fight Amazon, Books Vanish

    Amazon’s power over the publishing and bookselling industries is unrivaled in the modern era. Now it has started wielding its might in a more brazen way than ever before. Seeking ever-higher payments from publishers to bolster its anemic bottom line, Amazon is holding books and authors hostage on two continents by delaying shipments and raising prices. The literary community is fearful and outraged — and practically begging for government intervention. . . . No firm in American history has exerted the control over the American book market — physical, digital and secondhand — that Amazon does..

    Writers Feel an Amazon-Hachette Spat

    Amazon’s secret campaign to discourage customers from buying books by Hachette, one of the big New York publishers, burst into the open on Friday.

    Among Amazon’s tactics against Hachette, some of which it has been employing for months, are charging more for its books and suggesting that readers might enjoy instead a book from another author. If customers for some reason persist and buy a Hachette book anyway, Amazon is saying it will take weeks to deliver it..

  • Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar with the matter said.

  • Net sales increased 23% to $19.34 billion in the second quarter, compared with $15.70 billion in second quarter 2013. Excluding the $237 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 22% compared with second quarter 2013.

    Net loss was $126 million in the second quarter, or $0.27 per diluted share, compared with net loss of $7 million, or $0.02 per diluted share, in second quarter 2013.

  • That graph is kinda nuts!

  • Michael Tamblyn on Amazon

    Amazon is, among other things, a machine designed to optimize product prices in order to gain share and sales. AMZN, like every retailer that reaches a certain size, turns to its suppliers to grow profitability by demanding more favourable terms.

  • For the third quarter, Amazon posted a net loss of $437 million, more than 10 times wider than the $41 million loss from a year ago.

    Huge losses will continue in the fourth quarter, Amazon said. The company projected losses as high as $570 million for the fourth quarter, and revenue of $27.3 billion to $30.3 billion.

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  • Want to grow the revenue of your start up company? So easy: Just ask people for a 10$ bill for giving them back a 20$ bill. Sure, that's not profitable, but you'll find plenty of new "customers", and your revenue will skyrocket.

    Such kind of "growth" fooled investors during the "new economy" bubble 14 years ago, and it still seems to work pretty well for Amazon and a few other companies. But one day investors will want to see profits, and that's then be the beginning of the end of companies like Amazon.

  • Such kind of "growth" fooled investors during the "new economy" bubble 14 years ago, and it still seems to work pretty well for Amazon and a few other companies. But one day investors will want to see profits, and that's then be the beginning of the end of companies like Amazon.

    I am sad to upset you, but checking owners of Amazon it seems that they do not need any profits. Amazon is just the tool. They can get any amount of money without so much hassle as selling things :-)

  • " Amazon is just the tool." The tool to transfer money out of their country?

  • Amazon is just the tool." The tool to transfer money out of their country?

    No, they do not need such tool. It is just tool to control markets.

  • Revenue from e-books leveled off in 2013 at $3 billion after increasing nearly 50 percent in 2012, according to BookStats. But Kindle Unlimited is making the glut worse, some writers say.

    The program has the same all-you-can-eat business model as Spotify in music, Netflix in video and the book start-ups Oyster and Scribd. Consumers feast on these services, which can offer new artists a wider audience than they ever could have found before the digital era.

    Some established artists, however, see fewer rewards. Taylor Swift pulled her music off Spotify this fall, saying it was devaluing her art and costing her money. “Valuable things should be paid for,” she explained.

    Holly Ward, who writes romances under the name H.M. Ward, has much the same complaint about Kindle Unlimited. After two months in the program, she said, her income dropped 75 percent. “I couldn’t wait and watch things plummet further,” she said on a Kindle discussion board.

  • In Amazon warehouses, employees are monitored by sophisticated electronic systems to ensure they are packing enough boxes every hour.

    A woman who had thyroid cancer was given a low performance rating after she returned from treatment. She says her manager explained that while she was out, her peers were accomplishing a great deal. Another employee who miscarried twins left for a business trip the day after she had surgery. “I’m sorry, the work is still going to need to get done,” she said her boss told her. “From where you are in life, trying to start a family, I don’t know if this is the right place for you.”

  • Management tried to respond, but fucked up

    As the story noted, our reporters spoke to more than a hundred current and former employees, at various levels and divisions, over many months. Many, including most of those you cited, talked about how they admired Amazon’s ambitions and urgency even as they described aspects of the workplace as troubling.