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Amazon Faces Unionization Battle in Staten Island
  + stars: | 2022-01-27 | by ( Sebastian Herrera | ) www.wsj.com   time to read: 1 min
A group of Amazon.com Inc. workers pushing to unionize a large company warehouse in New York won enough support to hold an election, the National Labor Relations Board said, opening a new battlefront between employees and the e-commerce giant. Supporters of the nascent union, which calls itself the Amazon Labor Union, met the requirement for such a vote, the NLRB said Wednesday, which typically requires signatures from 30% of eligible employees at a facility. Organizers are aiming to unionize thousands of employees at a company warehouse in Staten Island.
Organizations: Amazon.com Inc, New York, National Labor Relations Board, Amazon Labor Union, NLRB Locations: New, Staten Island
Amazon held talks with BP in 2020 about potentially selling gas at its cashier-less Go stores. Amazon has considered selling gas at thousands of cashier-less Go stores, part of a broader effort to go after the suburban convenience-store market, Insider has learned. "We are convinced that to achieve national scale with Amazon Go, we need a model that works in the suburbs," the internal Amazon document stated. AP Photo/Ted S. WarrenOne major concern that came up was how selling gas would conflict with Amazon's commitment to its climate pledge. 'Just Drive Off'Another new component of the suburban Go store Amazon discussed was a curbside-pickup service called "Just Drive Off."
Persons: Amazon, Bowser, Dilip Kumar, Ted S, reinvesting, it's, Dave Clark, QuikTrip, Eugene Kim Organizations: Amazon, BP, Walgreens, Foods, Amazon ., AP, Warren Locations: WaWa
New leadership could shake up the cloud wars between Amazon, Microsoft, and Google. Here are 14 execs to keep an eye on in 2022 amid competition between Amazon, Microsoft, and Google. Amazon, Microsoft, and Google Cloud are battling for cloud dominance in a war that requires them to attract the very best talent from across the industry. Each of the major cloud providers is also eyeing new opportunities to expand their business. Here are 14 executives who could shake up the race between Amazon, Microsoft, and Google in 2022:
Persons: Adam Selipsky, Andy Jassy, it's Organizations: Microsoft, Google, Amazon, SAP, Oracle, Amazon Web Services
Amazon workers in Staten Island have enough signatures to hold a union election, the NLRB said. The Amazon Labor Union has been campaigning for a union vote since April. An NLRB spokesperson said in a statement to The Washington Post that the Amazon Labor Union, a group that has been campaigning for a union election in Staten Island since April, had "reached a sufficient showing of interest," by collecting signed union authorization cards from workers to hold a union vote. The ALU submitted its petition for a union election in late December. The company's Bessemer, Alabama, warehouse is holding a rerun of a union election held in February and March 2021, in which workers voted against forming a union.
Persons: Amazon, Chris Smalls, Smalls Organizations: Amazon Labor Union, Service, National Labor Relations Board, NLRB, Washington Post, Street Journal, Amazon, Twitter Locations: Staten, Staten Island, Alabama, Bessemer , Alabama
Amazon made a bid in May for studio MGM, setting off a flurry of M&A activity in Hollywood. Dealmakers said independent production companies are valuable amid the streaming wars and demand for programming. Many production companies make work-for-hire or don't control the rights to a project once it is sold off to a studio distributor. Based on interviews with five entertainment industry experts and insiders, Insider identified a list of 12 production companies that could be compelling acquisition targets as M&A activity continues. 12 Hollywood M&A targets with production capabilities and brand recognition
Persons: Dealmakers, Reese Witherspoon's, Will Smith, Jada Pinkett Smith's, Anthony Russo's AGBO, Nexon, Ryan Baker, LeBron James, Maverick Carter, nabbed, Jeffrey Wlodarczak, PJT, Russo, Organizations: Amazon, MGM, Jada Pinkett Smith's Westbrook Inc, Blackstone, Media, Hollywood, Waymaker, Apple, Candle Media, SpringHill Co, Redbird Capital, Nike, Epic, PJT Partners, Street, STX Entertainment, Najafi Companies, Lionsgate, Variety, Skydance Media, MRC, Marvel Locations: Hollywood
Here are Thursday's biggest analyst calls of the day: Amazon, Uber, Bumble, Tesla, Okta & morePublished Thu, Jan 27 2022 8:39 AM EST
Persons: Tesla
Amazon's pay-to-quit program helps the company cut down its workforce after the holiday season. Launched in 2014, it offers up to $5,000 to employees who leave and agree never to return. Amazon has suspended the program amid the tight labor market, The Information reported. Launched in 2014, the program is known as "Pay to Quit" or "The Offer" internally, according to The Information. The pay-to-quit program helps the ecommerce giant quickly cut down its workforce after the busy holiday season, per The Information.
Persons: Hayley Peterson, Jeff Bezos, Bezos Organizations: Amazon, Service, Business, New York Times Locations: Zappos
Amazon offered current employees a small cash bonus, with managers blaming a "limited budget." Amazon management responded by doubling overtime pay for all warehouse employees during the peak holiday season, the note said. For the BFI4 warehouse specifically, Amazon made another small concession, providing $150 cash bonuses to workers with five or more years of tenure and a $50 cash bonus to the rest. The BFI4 site's leadership told employees they raised concerns with Amazon corporate leaders, and were allowed to increase overtime pay. "We realize this small cash bonus is not as lucrative as the signing bonus, but that is all our site budget could afford," the managers said, according to the screenshot obtained by Insider.
Persons: they're, Brian Olsavsky, Eugene Kim Organizations: Amazon, Workers, New York Times Locations: Seattle, Canada
Ahaji Amos says Amazon increased performance standards to the point she couldn't turn a profit. Through its DSP program, Amazon contracts with small third-party package-delivery businesses to deliver its goods to customers. In her claim against Amazon, Amos says she set up a business to join Amazon's DSP program and began delivering packages for the company in August 2019. A weekly scorecard was issued to DSPs evaluating them as "Poor, Fair, Great, Fantastic and Fantastic Plus," the lawsuit says. In October, two Oregon DSPs brought a lawsuit against the company saying its demands made it difficult for them to turn a profit, Bloomberg reported.
Persons: Ahaji Amos, Amos, DSPs, Amos isn't, Oregon DSPs Organizations: Amazon, Service, Bloomberg Locations: North Carolina, Oregon
Amazon shuttered its "ambassador" program at the end of last year, the Financial Times reports. The program paid warehouse workers to tweet positively about the company. The company shuttered its Ambassador Program at the end of last year, sources with knowledge of the matter told the outlet. The sources said that senior executives felt the program's reach wasn't good enough,Amazon "FC Ambassadors" — warehouse workers who were paid to tweet positively about the company — first appeared in 2018. The FC Ambassador program appears to have been active as recently as March 2021, when new accounts appeared and responded to other users tweeting about Amazon.
Persons: Organizations: Amazon, Financial Times, Service, FC, Twitter, FC Ambassador Locations: Alabama
IBM Cloud Makeover Shows Results
  + stars: | 2022-01-26 | by ( Angus Loten | ) www.wsj.com   time to read: +4 min
International Business Machines Corp.’s yearslong makeover into a hybrid cloud and artificial intelligence company is resonating with customers whose information-technology strategies have been reshaped by Covid-19, industry analysts said. The company’s 2019 acquisition of open-source software maker Red Hat Inc. boosted its standing in the hybrid cloud market. The shift to hybrid cloud computing has been accelerated by the rise of remote work, e-commerce and other changes in IT workloads sparked by the pandemic. Hybrid cloud revenue rose 16% to $6.2 billion, and software revenue—including data and AI tools—rose 8.2% to $7.3 billion, the company said. He said Mr. Krishna has been very specific about hybrid cloud, and analytics and AI, as growth businesses.
Persons: , Ted Schadler, Bob Parker, Parker, James Kavanaugh, Arun Chandrasekaran, Mr, Chandrasekaran, Arvind Krishna, Schadler, Krishna, Angus Loten Organizations: Business Machines Corp, IBM, Red Hat Inc, Forrester Research, Kyndryl Holdings Inc, International Data Corp, Big, Gartner Inc, Gartner, Amazon.com Inc, Microsoft Corp
A Microsoft logo is seen next to a cloud in Los Angeles, California, U.S. on June 14, 2016. REUTERS/Lucy Nicholson/File PhotoNEW YORK, Jan 26 (Reuters) - After a brief scare, Microsoft Corp (MSFT.O) reassured tech investors late on Tuesday that the enterprise internet cloud business category has plenty of room to grow. Shares of the software and services giant sank as much as 6% on Tuesday after it reported less-than-stellar growth in its cloud business. The numbers for the quarter ended December played on tech investors' fears that growth in the cloud business - among the strongest in tech industry segments - was decelerating. Projected Azure growth validates the strength of the business and the sustainability of all cloud growth, Moerdler said.
Persons: Lucy Nicholson, David Wagner, Brent Thill, Amy Hood, Mark Moerdler, Bernstein, Moerdler, Danielle Kaye, Jane Lanhee Lee, Nivedita Balu, Peter Henderson, Kenneth Maxwell Our Organizations: Microsoft, REUTERS, Microsoft Corp, Aptus Capital Advisors, Jefferies, Nasdaq, Amazon.com Inc, Google, Thomson Locations: Los Angeles , California, U.S, Wall
Landing your dream tech job is difficult, but now could be the perfect time to start your journey. In 2021, CompTIA's Workforce and Learning Trends report predicted the tech industry would grow to 12.4 million employees. Here are the things any job candidate looking to land a job at Meta, Google, Amazon, Salesforce, or Apple should know before starting the application process. Sam Barnes/Sportfile/Getty ImagesWhile the tech industry is creating the innovative and progressive products of the future, the industry's hiring practices remain antiquated. Women in the tech industry face discrimination, sexual harassment, and a worsening gender pay gap.
Persons: it's, Read, Here's, Noah Berger, Noam Galai, Salesforce's, , Spencer Platt, Sam Barnes, Sportfile, who've, I'm, Facebook who's Organizations: Google, Apple, Service, CompTIA's, of Tech, Meta, Meta Facebook, Facebook, Facebook Google Google, Anadolu Agency, Inc, Amazon Web, Getty, Forbes, Amazon Web Services, Amazon, Salesforce Workers, Salesforce, Read Locations: View , California, United States, Vegas, Las Vegas , Nevada, coronavirus, New York City, Salesforce, San Francisco, Tech, Lisbon, Portugal
Spanish bank Santander is launching its own "buy now, pay later" service in Europe, in a bid to fend off fintech rivals from eating its lunch. Ezequiel Szafir, CEO of Santander's Openbank online banking division, said the company aims to "become a leader in the buy now, pay later market." Buy now, pay later or BNPL programs have gained lots of traction over the past couple of years thanks to accelerated adoption of e-commerce in the coronavirus pandemic. Major lenders are looking to get in on the action, with Goldman Sachs agreeing to buy fintech lender GreenSky for $2.2 billion. In the U.K., the government plans to usher in regulation for BNPL products, while U.S. regulators are probing some of the large providers in the space.
Persons: Zinia, Ezequiel Szafir, Jack Dorsey's, Goldman Sachs Organizations: Santander, PayPal, Barclays, Amazon Locations: Santander, Europe, Netherlands, Germany, U.S
Cloud storage startup MinIO raised a $103 million Series B round at a $1 billion valuation. The co-founders tell Insider they did it by building trust with investors, instead of a pitch deck. MinIO "didn't have to even prepare a single slide" to pitch investors for its latest funding round, Garima Kooper, MinIO cofounder and COO, told Insider. This is because the cloud storage startup already built a loyal following of firms willing to write a check. Except for Softbank, all of the Series B investors participated in MinIO's previous round, a $20 million Series A in 2017.
Persons: Garima Kooper, MinIO, Catalyst, Periasamy, Kooper Organizations: Intel Capital, SoftBank Vision, Dell Capital, Nexus Ventures, Amazon Web Services, Microsoft, Google
Microsoft shares up on strong cloud guidance
  + stars: | 2022-01-26 | by ( Lauren Feiner | ) www.cnbc.com   time to read: +2 min
Microsoft shares were up about 4% Wednesday, a day after the company provided strong guidance for the next quarter in its latest earnings report. Microsoft has seen continued strong growth in its cloud services business, reporting 46% revenue growth for the segment. That comes after four quarters at or above 50% revenue growth in the sector. Finance chief Amy Hood said Microsoft expects Azure will see sequential growth acceleration in constant currency in the current quarter. WATCH: Meta, GE and Microsoft are some of today's top stock picks: Pro Market Movers Jan. 25
Persons: Microsoft Satya Nadella, Nadella, Amy Hood, MSFT, Piper Sandler, CNBC's Jordan Novet Organizations: Microsoft, Tsinghua University, Big Tech, Apple, Amazon, Nasdaq, CNBC, YouTube, GE, Movers Locations: Beijing, China
LONDON — U.K. retail tech company Ocado on Wednesday unveiled a suite of new products aimed at helping large grocery chains take on Amazon and a wave of new rapid grocery delivery start-ups. Ocado sells its technology to top retailers including Kroger, Britain's Morrisons and France's Casino. The second is a set of advanced robotic arms that pick items directly off the grid in the company's warehouses. Ocado says it's developed artificial intelligence technology to enhance the precision of the arms to something closer to that of human pickers. Ocado said the offering would maximize capacity of items in each warehouse while also slashing delivery times.
Persons: Britain's, Ocado, it's Organizations: Kroger, Britain's Morrisons, France's
AWS is telling workers how to talk to customers about its December outages, internal messages show. AWS wants to warn customers away from a "multi-cloud" approach with Microsoft or Google as a hedge. AWS developed the new hub after employees asked for support on how to address the outages, Garman's message to employees said. "The US-East-1 region is our largest-scale region and has more data centers, availability zones, and customers than any other region." Read Amazon's full statement:"US-East Region (Virginia) is the largest region in the world.
Persons: Matt Garman, AWS's, Ashley Stewart Organizations: Microsoft, Google, Web Services, Virginia —, Netflix, Amazon's, East Locations: Virginia
Amazon settled a price-fixing investigation by the Washington State attorney general’s office on Wednesday, agreeing to pay $2.25 million and end a program that gave it control over the prices of products supplied by third-party sellers on its marketplace. The suit focused on a program that the Seattle-based company started in 2018 to let sellers use its pricing algorithm. Called Sold by Amazon, the program guaranteed sellers a minimum price while offering a potential upside if the algorithm determined that customers were willing to pay more. Glenn Kuper, an Amazon spokesman, said in a statement that the effort had been “small” and meant to “provide another tool to help sellers offer lower prices.” While Amazon is “glad to have this matter resolved,” he said, the company believes the program was legal. Amazon stopped offering Sold by Amazon in 2020 and under the agreement pledged to not offer it again.
Persons: Glenn Kuper, Organizations: Amazon, Washington State Locations: Seattle
NLRB spokesperson Kayla Blado wrote in an email that group of workers, known as the Amazon Labor Union, had "reached a sufficient showing of interest." Register now for FREE unlimited access to Reuters.com RegisterThe Amazon Labor Union, which is not affiliated with a major U.S. union, withdrew its petition in November after the NLRB notified them that they had not collected enough signatures. Amazon spokesperson Kelly Nantel said the company was seeking more information about how the signatures were verified. Next month, workers at an Amazon warehouse in Alabama will vote again on whether to join the Retail, Wholesale and Department Store Union (RWDSU). Amazon handily defeated the union campaign last year, but the NLRB called for another vote after finding the company improperly interfered in the first contest.
Persons: Pascal, Kayla Blado, Chris Smalls, Smalls, Kelly Nantel, , Nantel, , Julia Love, Jeffrey Dastin, Leslie Adler, Aurora Ellis Organizations: REUTERS, U.S . National Labor Relations, Amazon Labor Union, U.S . National Labor Relations Board, NLRB, Amazon, Retail, Wholesale, Department Store Union, Thomson Locations: Boves, France, Staten Island , New York, Staten, U.S, Staten Island, Alabama
(CNN Business) Workers at an Amazon warehouse in Staten Island have shown enough support to hold a union election, the National Labor Relations Board confirmed on Wednesday. For months, a grassroots group called Amazon Labor Union led by former Amazon employee Chris Small has worked to collect signatures from employees at the facility known as JFK8 to garner at least 30% of workers in support of unionizing. Most notably and recently, a union push at an Amazon facility in Bessemer, Alabama, drew national attention from figures including Senators Elizabeth Warren and Bernie Sanders. Unlike the Alabama-based Amazon workers who are organizing with the Retail, Wholesale and Department Store Union, the Amazon Labor Union is not affiliated with any established labor unions. There have been just a few other efforts that have gotten to the point of meeting "a sufficient showing of interest," as the Amazon Labor Union now has.
Persons: Chris Small, Chris Smalls, Elizabeth Warren, Bernie Sanders, Read Organizations: CNN Business, Workers, National Labor Relations, Amazon Labor Union, Amazon, Retail, Wholesale, Department Store Union Locations: Staten, Staten Island, New York, U.S, Europe, United States, Bessemer , Alabama, Alabama, Virginia, Delaware
Total Microsoft revenue for the second quarter beat expectations but the outperformance did not flow through to the Azure cloud service. And demand for cloud services from Microsoft and rivals Amazon.com and Alphabet surged as the pandemic outbreak accelerated a shift online. The company said revenue rose to $51.73 billion in the three months ended Dec. 31, from $43.08 billion a year earlier. Microsoft said the Activision Blizzard deal would help boost Xbox content and services revenue when it closes. In the past quarter, revenue rose 10%, while a year ago it rose 40% in the same quarter.
Persons: Dado Ruvic, Brett Iversen, Nivedita Balu, Jane Lanhee Lee, Danielle Kaye, Sriraj Kalluvila, Peter Henderson, Matthew Lewis Organizations: Microsoft, REUTERS, Microsoft Corp, Amazon.com Inc, Google, Reuters.com, Productivity, Reuters Graphics Microsoft, Amazon.com, Microsoft's, Activision Blizzard Inc, Jan, Activision, Thomson Locations: Wall, Bengaluru, Oakland, Calif, New York
A man looks at his mobile phone next to a logo of Realme during its X50 5G product launch event in Beijing, China January 7, 2020. Realme plans to start selling its premium GT 2 Pro phone across Europe in February for 700-800 euros ($792-$905), founder and CEO Sky Li said. "We think it's a very important, market, and a big market for high-end phones," Li said. Counterpoint Research estimates Europe's smartphone market generated revenues of $80.65 billion in the first 11 months of 2021, of which high-end devices accounted for $55.56 billion. Realme, Oppo and other rivals Vivo and Oneplus trace their origins back to BBK Electronics, a Shenzhen-based conglomerate.
Persons: Jason Lee, Sky Li, Li, Yang Wang, Realme, David Kirton, Himani Sarkar Organizations: REUTERS, Reuters, Huawei Technologies, Amazon, Apple, Samsung, HK, IDC, Vivo, BBK Electronics, Thomson Locations: Beijing, China, Europe, SHENZHEN, Shenzhen, United States, India, Southeast Asia, Eastern Europe
New & Notable from Madewell, Casper and Levoit
  + stars: | 2022-01-25 | by ( ) www.nbcnews.com   time to read: +6 min
New from Madewell, Casper and LevoitBelow, we’ve highlighted some new launches we think you’ll want to know about based on our past coverage and Select reader interest. Select reader favorite brand Casper launched its new Snoozewear collection, made up of three loungewear items: the Snoozewear Robe, Snoozewear Slippers and Snoozewear Sleep Mask. EyeBuyDirect is offering 30 percent off sitewide with the code SHOWTIME through Jan. 30.is offering 30 percent off sitewide with the code SHOWTIME through Jan. 30. Madewell is offering 30 percent off sale styles until Jan. 27.is offering 30 percent off sale styles until Jan. 27. W&P is offering 20 percent off all Porter products through Feb. 7is offering 20 percent off all Porter products through Feb. 7 Milk Bar is offering free shipping on orders worth $75 and up through Feb. 14.
Persons: McDonald’s, Casper, Madewell, ’ workwear, , it’s, , We’ve, Haand, Keurig, Porter Organizations: PepsiCo, ThredUP, CES, Amazon Alexa, SHOWTIME, Jan, Facebook, Twitter Locations: ., Madewell
A union organizer at Amazon's Bessemer, Alabama, facility said the company tried to discipline him for talking about the union with his colleagues. Amazon accused David Isaiah Thomas of soliciting on behalf of the union during work hours. Workers at Amazon's Bessemer, Alabama, facility are set for another union vote on February 4. Last year, a union drive at the warehouse in Bessemer failed as workers voted against forming a union. In a letter from Amazon to Thomas seen by Insider, the warehouse management at Amazon said Thomas was soliciting in working areas during work hours.
Persons: David Isaiah Thomas, Thomas, Mr Organizations: Workers, Service, National Labor Relations, Amazon, National Labor Relations Board, Union, NLRB Locations: Bessemer , Alabama, Bessemer
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