Former Walmart CEO Bill Simon says that Amazon has been “predatory” by selling goods below cost subsidized by profits from their cloud and advertising businesses. Simon says that this strategy put major competitors like Circuit City and Toys R Us out of business allowing Walmart to then raise the price of Prime without losing their […]
Former Walmart CEO says Amazon is “Predatory” Almost by Definition Read More »
The CEO of United National Consumer Suppliers, Brett Rose, says that it’s an amazing time to be a consumer because every day is Black Friday. Rose predicts that this is going to possibly be the biggest Q4 in our history. Brett Rose, CEO of United National Consumer Suppliers, discussed Amazon and ecommerce in an interview
It’s an Amazing Time To Be a Consumer… Every Day is Black Friday Read More »
RingCentral founder and CEO Vlad Shmunis spoke with Jim Cramer on CNBC about how they are competing and leading in cloud communications, winning business from huge legacy companies such as Cisco and Avaya: What RingCentral does is we change ways in which companies communicate, communicate internally with their employees as well as their customers. We
All of the Legacy Providers Are in Secular Decline Read More »
Western Union has partnered with Amazon to white label their cross-border money transfer platform. “Amazon engaged us to use our platform to service their customers in a better way in order to give access to the millions of customers who don’t have an access today to buy online and pay,” said Hikmet Ersek, the CEO
Chipotle is moving in a digital direction, with their digital business up 48 percent over last year. The company has introduced a new app, digital lines, digital pickup shelves, and a mobile pickup window in an effort to create a “frictionless experience” for its customers, according to Chipotle CEO Brian Niccol. Brian Niccol, Chipotle Mexican
Chipotle CEO Going Digital to Create a ‘Frictionless Experience’ Read More »
Amazon is using creative tactics that enable it to avoid import taxes on almost everything it sells by making every item sold a single sale that is under $800, according to trade expert and former Trump advisor Curtis Ellis. Curtis Ellis, a former Trump trade advisor, explains the details of this tactic below: Amazon Importing
Trade Expert says Amazon Uses a Loophole to Import Almost Everything Duty-Free Read More »
Kynetic CEO Michael Rubin says that they owe all of their success to Amazon. “I owe all of our success to Amazon because we are such a big believer in what they were doing, a completely differentiative business model,” Rubin said. “What we’re doing is really all about vertical commerce.” Michael Rubin, CEO of Kynetic
Senior Analyst at Berstein, Toni Sacconaghi, released a note today predicting that Apple’s advertising business will be worth billions by 2020. Similar to Amazon, Apple is incrementally focusing on expanding adverting opportunities, especially within the App Store. Toni Sacconaghi, Analyst at Bernstein, recently predicted that Apple would increasingly focus on and expand its advertising business:
Uber is preparing to launch a new on-demand staffing business ahead of its first initial public offering. Called Uber Works, the new business could show prospective investors that the company can be a strong and lucrative platform for on-demand services. Uber is banking on the fact that their “on-demand” transportation model was a huge success.
Uber is Planning to Start an On-Demand Staffing Agency for Businesses Read More »
There was a session at the recent GeekWire Summit on how the IoT explosion will impact retail stores where underpants were discussed. It’s humous but very illustrative of how every item in every store, electronic or not, will be tracked in order to provide personalized shopping experiences and to bring massive efficiencies to the supply
Why Would I Want My Underpants Connected to the Internet? Read More »
