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Yes, Twelve Dollars Is a Good Price for Two Batteries–Under the…

CFO News Room

I was already well into a busy morning and I had some Very Serious Family Business to attend to. If I didn’t want the batteries at $12, I could have very easily ordered from Amazon and waited a few days or driven all the way to another store. Business, it turns out, is risky. I wasn’t, I shouldn’t have, and I didn’t.

Economics 130
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10 Tuesday AM Reads

Barry Ritholtz

New York Times ) • The Biggest Delivery Business in the U.S. Is No Longer UPS or FedEx : Amazon is eclipsing both carriers, and the gap is growing. Wall Street Journal ) see also Elon Musk Can’t Help Himself : He wants to own a social network where he can spout antisemitism—even if that means owning a bad business.

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AWS Launches Amazon Rekognition Custom Labels

PYMNTS

Amazon Web Services (AWS) announced on Monday (Nov. 25) the launch of Amazon Rekognition Custom Labels, a new feature allowing customers to train their custom model to identify database and inventory items. The service, which launches on Dec. 3, is already being used by the VidMob and the National Football League’s NFL Media. “By

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Amazon Expands Data-Driven Fashion Push

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While apparel sales have been uneven in 2020, as consumers have shown a greater preference for comfy loungewear to haute couture, Amazon’s battle to enter and drive the segment has continued apace. Currently, Amazon is forecast to bring in $7.5 The experience works on the web and inside the Amazon app and comes with a $25 price tag.

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WeWork To Sell Iconic NYC Building To Amazon

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Amazon ’s New York expansion plans will now include the former Lord & Taylor building in downtown Manhattan, as the eCommerce company announced that it will purchase the storied building from office sharing startup WeWork , according to the New York Post. Issues with rising retail costs, traffic and more ended up derailing the plans.

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Dial-Up Amazon Turns 25 This Month

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To say “the rest is history” doesn’t do justice to the Amazon origin story. Amazon scaled frighteningly fast, even at dial-up speeds. They had to admit, though: This Amazon thing was starting to move a lot of merchandise. Fast-forward to 2018 when Amazon surpassed a $1 trillion valuation, putting it in a party of two with Apple.

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FTC Launches Antitrust Probe Into Apple-Amazon Deal

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The Federal Trade Commission is reportedly carrying out an antitrust investigation surrounding a partnership between Apple and Amazon , according to The Verge. The tech giants made a deal last year which would allow Apple to sell its products directly to consumers through an official store on the Amazon site.