Amazon is dangerous - 2023 UPDATE FTC preparing anti trust lawsuit???
- Thread starter GnauzBookOfRhymes
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Amazon sued for not telling New York store customers about facial recognition — NBC News
Thanks to a 2021 law, New York is the only major American city to require businesses to post signs letting customers know they’re tracking biometric information.
apple.news
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Amazon is dangerous
ADevilYouKhow
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Amazon layoffs will shut down camera review site DPReview.com after 25 years [Updated]
Updates stop on April 10, site will be available for "a limited period" after.
arstechnica.com
smh
88m3
Fast Money & Foreign Objects
A California family is suing Amazon after a delivery driver hit and killed their 2-year-old daughter
A California family is suing Amazon after their two-year-old daughter was hit and killed by an Amazon delivery ban.
www.insider.com
GnauzBookOfRhymes
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FTC and DOJ Charge Amazon with Violating Children’s Privacy Law by Keeping Kids’ Alexa Voice Recordings Forever and Undermining Parents’ Deletion Requests
The Federal Trade Commission and the Department of Justice will require Amazon to overhaul its deletion practices and implement stringent privacy safeguards to settle charges the
ADevilYouKhow
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His Drivers Unionized—Then Amazon Tried to Terminate His Contract
The ecommerce giant’s “delivery service partners” are under constant pressure to perform, but say they have little freedom to manage their own businesses.
GnauzBookOfRhymes
Superstar
Driving these contractors out of business is actually part of Amazon's business model. They get them to accept lower rates by promising a ton of work and by playing on the small business owners desire to be associated with Amazon. The market is saturated with transport companies and it becomes a race to the bottom. Meanwhile most of the actual contracts are given not directly to the small owner who might've spent everything he has to finance purchase of a truck etc, BUT instead to a larger firm/broker that then subcontracts the work to the small time operator. The small time guy can go out of business any minute for any one of a million reasons. The brokers don't pay on time or don't pay at all, claiming the business was pulled by Amazon (doesn't matter if true). The broker with direct line to Amazon is insulated from the ups and downs of the market bc they make their profit on the subcontract not by shipping. If a broker operator starts making waves, they can easily be replaced.
All of this is just a stopgap until automated delivery is widely implemented.
All of this is just a stopgap until automated delivery is widely implemented.
ADevilYouKhow
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Amazon Drivers Are Actually Just "Drivers Delivering for Amazon," Amazon Says
This is a very important difference.
www.vice.com
GnauzBookOfRhymes
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FTC readies lawsuit that could break up Amazon
A case would be a high-water mark for FTC Chair Lina Khan, who gained prominence criticizing the company’s dominance.
www.politico.com
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A New Frontier for Travel Scammers: A.I.-Generated Guidebooks
Shoddy guidebooks are flooding Amazon. Their authors claim to be renowned travel writers, but are they A.I. inventions? And how big is the problem?
I thought I'd share the article in this thread instead of making a new one.
August 8, 2023 1:11 PM |
Jeff Bezos, the world's third-richest person with a net worth of $162.1 billion, defies the stereotype of a privileged upbringing. He was born to a teen mom who struggled to make ends meet, unable to even afford a telephone.
But it's not just Bezos's success story that is inspiring — his mother's journey is equally remarkable. In a 2019 commencement address at Cambridge College, Jacklyn Bezos shared her tale, prompting her proud son to tweet, M"y mom’s incredible story. Wow. So grateful. So proud. #Grit."
Jacklyn Bezos’s path to success was anything but easy. Becoming a pregnant teenager in Albuquerque, New Mexico, during the 1960s was challenging and met with judgment. Initially, school administrators told her she couldn't complete her high school education. Undeterred, she pushed back against the odds, and eventually, the school allowed her to return with strict conditions.
These conditions were harsh and dehumanizing, including strict time constraints, limited social interaction and exclusion from graduation ceremonies. But despite this, Jacklyn Bezos persevered, complied and graduated high school.
After divorcing her son's biological father, Ted Jorgensen, when her baby was 17 months old, Jacklyn Bezos sought work as a secretary despite being a less-than-stellar typist. She landed a job that paid $190 per month, allowing her to move into her own apartment with her son. But she couldn't afford a phone to stay connected with her parents so her father set her up with a walkie-talkie to communicate daily.
Eager to continue her education, Jacklyn Bezos enrolled in night school and creatively managed to bring Jeff to class. She showed up with two duffel bags filled with textbooks and baby essentials.
It was during her night school classes that she met her future husband, Mike Bezos, a Cuban refugee whom Jeff fondly refers to as his father. But Mike's job required the family to move, putting Jacklyn's dream of college graduation on hold for years.
Despite the setbacks, Jacklyn never gave up on her educational aspirations. When she sent her children off to college, she felt a longing to join them. After facing delays and challenges, she returned to college with relentless determination. More than two decades after completing high school, Jacklyn finally achieved her goal and graduated from college.
To stay updated with top startup news & investments, sign up for Benzinga's Startup Investing & Equity Crowdfunding Newsletter
Reflecting on her graduation at the commencement ceremony, she said, "When I graduated from the class of St. Elizabeth at the age of 40 I had never been more proud of myself. I felt 10 feet tall, and that is a gain of 5 feet. So that's a pretty big gain from graduation. When I was finally given the opportunity to walk across the stage to get my diploma, the loudest cheers came from my family."
Besides raising a centibillionaire, Jacklyn and Mike Bezos played a crucial financial role in Jeff's journey to success. In 1995, Jeff approached his parents with a bold proposition to fund his new website, Amazon.com. They lent him $245,573, a significant gamble considering the internet was still in its early stages. Little did they know that this investment would turn out to be one of the most profitable decisions in history.
Today, that initial $245,573 has ballooned to nearly $958 billion. Jeff's parents took a leap of faith, and it paid off in a monumental way, establishing them as one of the wealthiest families in the world.
Assuming they kept their holdings over the years, Bloomberg estimates Jackie and Mike's net worth at around $30 billion today, which is a 12,000,000% increase.
www.benzinga.com
Jeff Bezos's Single Teen Mother Brought Him To School With Her As A Baby. They Couldn't Afford A Phone — Now She's Worth $30 Billion
by Jeannine Mancini, Benzinga Staff WriterAugust 8, 2023 1:11 PM |
Jeff Bezos, the world's third-richest person with a net worth of $162.1 billion, defies the stereotype of a privileged upbringing. He was born to a teen mom who struggled to make ends meet, unable to even afford a telephone.
But it's not just Bezos's success story that is inspiring — his mother's journey is equally remarkable. In a 2019 commencement address at Cambridge College, Jacklyn Bezos shared her tale, prompting her proud son to tweet, M"y mom’s incredible story. Wow. So grateful. So proud. #Grit."
Jacklyn Bezos’s path to success was anything but easy. Becoming a pregnant teenager in Albuquerque, New Mexico, during the 1960s was challenging and met with judgment. Initially, school administrators told her she couldn't complete her high school education. Undeterred, she pushed back against the odds, and eventually, the school allowed her to return with strict conditions.
These conditions were harsh and dehumanizing, including strict time constraints, limited social interaction and exclusion from graduation ceremonies. But despite this, Jacklyn Bezos persevered, complied and graduated high school.
After divorcing her son's biological father, Ted Jorgensen, when her baby was 17 months old, Jacklyn Bezos sought work as a secretary despite being a less-than-stellar typist. She landed a job that paid $190 per month, allowing her to move into her own apartment with her son. But she couldn't afford a phone to stay connected with her parents so her father set her up with a walkie-talkie to communicate daily.
Eager to continue her education, Jacklyn Bezos enrolled in night school and creatively managed to bring Jeff to class. She showed up with two duffel bags filled with textbooks and baby essentials.
It was during her night school classes that she met her future husband, Mike Bezos, a Cuban refugee whom Jeff fondly refers to as his father. But Mike's job required the family to move, putting Jacklyn's dream of college graduation on hold for years.
Despite the setbacks, Jacklyn never gave up on her educational aspirations. When she sent her children off to college, she felt a longing to join them. After facing delays and challenges, she returned to college with relentless determination. More than two decades after completing high school, Jacklyn finally achieved her goal and graduated from college.
To stay updated with top startup news & investments, sign up for Benzinga's Startup Investing & Equity Crowdfunding Newsletter
Reflecting on her graduation at the commencement ceremony, she said, "When I graduated from the class of St. Elizabeth at the age of 40 I had never been more proud of myself. I felt 10 feet tall, and that is a gain of 5 feet. So that's a pretty big gain from graduation. When I was finally given the opportunity to walk across the stage to get my diploma, the loudest cheers came from my family."
Besides raising a centibillionaire, Jacklyn and Mike Bezos played a crucial financial role in Jeff's journey to success. In 1995, Jeff approached his parents with a bold proposition to fund his new website, Amazon.com. They lent him $245,573, a significant gamble considering the internet was still in its early stages. Little did they know that this investment would turn out to be one of the most profitable decisions in history.
Today, that initial $245,573 has ballooned to nearly $958 billion. Jeff's parents took a leap of faith, and it paid off in a monumental way, establishing them as one of the wealthiest families in the world.
Assuming they kept their holdings over the years, Bloomberg estimates Jackie and Mike's net worth at around $30 billion today, which is a 12,000,000% increase.
Jeff Bezos's Single Teen Mother Brought Him To School With Her As A Baby. They Couldn't Afford A Phone — Now She's Worth $30 Billion
Jeff Bezos, the world's third-richest person with a net worth of $162.1 billion, defies the stereotype of a privileged upbringing. He was born to a teen mom who struggled to make ends meet, unable to even afford a telephone.
www.benzinga.com
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Amazon To Let Warehouse Employees’ Families Work Thanksgiving Shifts Too
SEATTLE—In response to criticism about the company’s holiday schedules, Amazon announced Thursday that it would let warehouse employees work alongside their family members this Thanksgiving. “Opening up our fulfillment centers to the spouses and children of workers will help us better represent...
www.theonion.com