I've got Amazon.com drones in my future.
I use Amazon's Prime delivery service for everything from rechargeable batteries to art books to beef jerky, and so I was quite taken aback when CEO Jeff Bezos showcased a drone delivery system called Prime Air on 60 Minutes this past weekend.
The idea is that packages below five pounds could be delivered straight from Amazon distribution centers... » more
Before freaking out over the crummy numbers from Black Friday store sales, take a look at the much more positive preliminary numbers from holiday sales over the Internet.
For that matter, a closer look at the overall sales numbers, online and offline, suggest that the predictions of a poor holiday season are at least premature if not plain wrong.
Seen overall, the latest reports bear... » more
EBay ratcheted up the competition for speedy delivery service with its acquisition this week of Shutl, a four-year-old venture capital-funded start-up based in London that offers “same-hour” delivery service, or as close to it as is humanly possible.
Its biggest rival could have told eBay that fast delivery is one tough business nut to crack, and it’s not cheap, either.
Ironically, eBay’s... » more
Have you looked at Amazon.com’s home page lately? The ads rotate often, but somewhere around the upper right corner of the page, near the ad for the Halloween Shop, you’ll see a new ad. Yep. It’s the Holiday Toy List.
Before we’ve even handed out the fun-size Halloween candy bars, the countdown to the year-end holidays has begun, complete with Daily Lightning Deals on gifts for all ages.
This... » more
It was 1998 when South Park introduced us to the underpants gnomes, a group of subterranean entrepreneurs trafficking in dirty laundry. They had a three-step business plan:
1. Collect Underpants
In the 15 years since "Gnomes" first aired, these little guys have become a kind of grand metaphor, cited by the New York Times, Forbes, and the Wall Street... » more
It was one happy day on Wall Street yesterday, and the happiest of all were investors in Best Buy. Its shares jumped 6.5%, closing at $39.04, making it the day’s top gainer in the Standard & Poor’s 500 Index.
Moreover, a look at the reasons for that enthusiasm could spread some cheer well beyond Best Buy.
Best Buy was the focus of two new analyst reports, both reporting greater demand... » more
It’s no day at the plage operating a giant, successful, multinational American company, once you’ve run up against some very un-American notions about tax policy from abroad.
Such as the “data tax” on Amazon, Apple, Facebook, and Google, about to be proposed by France for adoption by the European Union.
Apparently, France would like to impose a data transmission tax on those companies... » more