Can Jeff Bezos reinvent the newspaper industry?

Jeff Bezos, Amazon CEO,  purchased the Washington Post for $250 million.

Jeff Bezos , Amazon’s CEO, may be able to transfer his Midas touch from Amazon to usher in a “Golden Era” for the newspaper industry. He has announced that he plans to provide guidance “from a distance” – the secret to this experiment will ultimately come down to Bezos’ infamous personality.

 

 

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Amazon to hire 5,000 for full-time warehouse jobs in the U.S.

An Amazon.com warehouse.

Amazon.com Inc has unveiled a new hiring spree on Monday that will fill more than 5,000 new  full-time jobs at 17 of its fulfillment centers across the United States.   This is ahead of a visit by President Barack Obama to one of the Internet retailer’s giant distribution warehouses this week.

 

 

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Amazon remains on top for customer satisfaction while Apple drops out of the top 5

Amazon remains on top for customer satisfaction.

Amazon remains on top with customer satisfaction as Apple’s online store slid out of the top five, according to an online retailer study by Foresee. In fact, Apple had its lowest score in four years, achieving only an 80 percent rating.

 

 

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Apple, Google, Amazon, And Facebook have declared World War 3

Rich beyond belief.

Apple, Google, Amazon, and Facebook are at each others throats.  So this has become an epic story of warring factions in a strange and changing landscape, a tale of incursions and sieges, of plots and betrayals, of battlefield brilliance and of cunning with coin.

 

 

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Will Amazon’s push for same-day delivery destroy local retail?

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Amazon logistics center.

Amazon has had an unbeatable price advantage over its physical rivals.  When you buy anything from your local retailer the company is required to collect local sales tax at the checkout. In most states, Amazon is exempt from that rule. According to a 1992 Supreme Court ruling, only firms with a physical presence in a state are required to collect taxes from residents. For example, if you live in California and buy a product on Amazon you are supposed to  pay a $100 “use tax” when you file your annual return in that state. But nobody does that. For most people, then, most items at Amazon are significantly cheaper than the same, identically priced items at other stores.

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The amazing Kiva robots that Amazon just bought for $775 million

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Robots now rule the warehouse.

Amazon just bought Kiva Systems for $775 million. The company makes robots that automate warehouse fulfillment.

The beauty of our system,” Raffaello D’Andrea says as he paces across the warehouse, ”is that you don’t have to walk over to the shelves to get things–the shelves come to you.” With that, he motions toward some 200 blue plastic racks sitting at the center of the building. A mechanical whir fills the room. And then the robots appear…

(incredible video after jump…)

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