This week was a bad and busy one for Amazon with a new competitor from, of all places, Facebook who ploughed in $6 billion into India's 'Jio'. A massive planned sickout looming and the company is, yet again, accused of copying popular products. Aside from all this, France is still very much a thorn in the side of Amazon after losing a court battle which is forcing the company to protect its workers before the company can sell more goods (quels salauds!). If Amazon doesn't do that, the company could be fined $100,000 per non-essential item delivered. Oh, and Trump said the postal service should go for Amazon's legs more or no loan. Nice. Rays of sunshine for Amazon? The stock price is still causing analysts to change their graphs as it climbs higher and higher. Earnings come out Thursday next week...expect some fireworks.
- Amazon is still doing pretty well, all things considered, but as infection rates soar in the US, Amazon has a problem that is getting larger. As the company continues to hire and ramp up protecting its workers, the clock is ticking around the world. Amazon needs to keep delivering or public opinion may wane and then the company has lost that.
Jony Cota won $1m in the much-lauded Amazon fashion show 'Making The Cut'.
'Upload' (sci-fi original content) is getting mixed reviews.