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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
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
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, Microsoft, and Google are set to report earnings soon, disclosing their cloud growth. Talent wars, cloud outages, and new regulations may put a damper on the cloud business. In total, Amazon Web Services, Microsoft, and Google Cloud have an eye-popping revenue run rate of $123 billion, UBS said, and they're growing at a combined rate of 43%. Amazon, Microsoft, and Google also need talent to keep their innovation engines running and support customers. Indeed, no cloud provider is bulletproof, making "trust, reliability, and security" the biggest challenges for Amazon, Microsoft, and Google this year, Gartner analyst Raj Bala told Insider.
Persons: Matthew Hedberg, Amazon's, Dan Newman, Lina Khan, Hedberg, Gartner, workloads, Andreessen Horowitz, Sarah Wang, Martin Casado, Casado, Newman, Maribel Lopez, Raj Bala Organizations: Microsoft, Google, Amazon Web Services, UBS, RBC, Oracle, Biden, Big Tech, Federal Trade Commission, of America, AWS, Lopez Research, Amazon, Gartner
The NLRB is prepared to issue an illegal dismissal complaint against Amazon, Bloomberg reports. The NLRB found merit in a claim that Smith was fired in retaliation for his union activity. Amazon worker Daequan Smith was fired in October 2021, according to an interview he gave with blog NY Focus. An NLRB spokesperson told Bloomberg the agency found Smith's case had merit, and it will issue a complaint unless a settlement is reached. The NLRB later ruled the results of the election void, saying Amazon had illegally interfered, and ordered the Bessemer union election be re-held.
Persons: Daequan Smith, Smith, Derrick Palmer, Palmer Organizations: Amazon, Bloomberg, Service, National Labor Relations Board, Amazon Labor Union, NLRB Locations: Daequan, Amazon's, Staten, Bessemer , Alabama, Bessemer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla has the ability to follow Amazon's path, says Canaccord Genuity analystGordon Johnson, founder and CEO of GLJ Research, and Jed Dorsheimer, analyst at Canaccord Genuity, join CNBC's 'Squawk Box' to break down what investors need to know about electric-vehicle makers.
Persons: Tesla, Canaccord, Gordon Johnson, Jed Dorsheimer Organizations: GLJ Research
That includes an increase in Amazon Prime subscribers who are turning to Google first. Google's latest e-commerce push appears to be bearing fruit, as new data reveals that more people are starting their online shopping journeys using Google, taking valuable market share away from Amazon. A pipeline of updates to the search giant's shopping experience is leading to an increase in Google Shopping transactions, Morgan Stanley said in a note sent out Monday. Perhaps most interestingly, this shift is also happening among Amazon Prime subscribers, who are starting e-commerce searches less frequently on Amazon's website. The number of Amazon Prime subscribers turning to Google for these initial searches jumped to 56% from 51% in the same period.
Persons: Morgan Stanley, It's, trialed Organizations: Google, Amazon, YouTube
The move marks a strategic shift for the company's two-year-old Shopify Fulfillment Network. Executives at four fulfillment companies in Shopify's network confirmed the changes with Insider. The changes also put many of Shopify's fulfillment and warehouse partners in a bind. The 'product-market fit' phaseShopify announced the launch of Shopify Fulfillment Network in June 2019. Gary Mirsky, the global commercial lead for Shopify Fulfillment since June 2019, left in December to join ShipHero, a software and fulfillment partner for SFN.
Persons: Shopify, Amazon's, SFN, Mat Paciga, Thomas Epting, Maia Benson, Gary Mirsky, Ken Wong, Bisnow Organizations: Deutsche Bank, Wall Street, Systems, ShipHero, Guggenheim Securities, SFN, mstone Locations: Shopify, Atlanta
Trees line the banks of the historically significant Liesbeek River, close to the site of a development which includes a new Africa headquarters for Amazon, in Cape Town, South Africa, May 23, 2021. The culturally-intertwined San and Khoi were the first inhabitants of South Africa. "The redevelopment will bring enormous benefit to the people of Cape Town," Tannanberger said. The Khoi and San were displaced from much of South Africa, first by Black settlers from central Africa, then much later by white colonial invaders from Europe, whom they fought to defend their remaining enclaves. In one such battle on the Cape half a millennium ago, the Khoi and San defeated a Portuguese raiding expedition on the spot currently under dispute.
Persons: Mike Hutchings, Tauriq Jenkins, James Tannanberger, Tannanberger, Jenkins, Jeffrey Dastin, Jane Merriman Organizations: Amazon, REUTERS, Properties Trust, Khoena, Properties, Thomson Locations: Africa, Cape Town , South Africa, JOHANNESBURG, Africa's, Khoi, San, South Africa, Cape Town, City of Cape Town, Western Cape Province, South, Europe, Portuguese, San Francisco
(CNN) Amazon's long-awaited "Lord of the Rings" prequel series has a name -- and a slightly more detailed logline that confirms the looming presence of a certain Dark Lord. "The Lord of the Rings: The Rings of Power" will center on the 20 rings mentioned, but not deeply explored, in the original "Lord of the Rings" trilogy . The series, set thousands of years before the events of the trilogy, will see heroes and villains new and familiar deal with the aftermath of the rings' creation and the source of evil behind them -- Sauron, according to its showrunners J.D. Payne and McKay said in a statement that the series "unites all the major stories of Middle-Earth's second age: the forging of the rings, the rise of the Dark Lord Sauron, the epic tale of Númenor and the Last Alliance of Elves and Men," stories familiar to Tolkienites. Tolkien's verses on the ring are included again in the video announcing the Prime Video series' title, which Payne and McKay said they imagined "could live on the spine of a book next to J.R.R.
Persons: Payne, Patrick McKay, McKay, Sauron, Cate Blanchett, Frodo, Gandalf Organizations: CNN, Last Alliance
An Amazon worker told NBC he received daily automated texts while off sick with COVID-19. The texts told him the shifts he was missing were being deducted from his allotted paid time off. Amazon workers also told NBC they have struggled to get through to HR. Illinois Amazon warehouse worker Drew Duzinskas told NBC he tested positive for COVID-19 over the holidays. "At one point, we had 1,700 calls holding," the contractor told NBC.
Persons: Drew Duzinskas, Duzinskas, Amazon's Organizations: NBC, HR, Service, Duzinskas, Centers for Disease Control, The New York Times Locations: Illinois
Netflix raises prices in U.S. and Canada, stock pops
  + stars: | 2022-01-14 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Netflix raised monthly prices for its streaming service in the U.S., sending the stock up as much as over 3% during trading on Friday. Netflix stock ultimately rose 1.25% to close at $525.69 on Friday. The monthly cost for the basic plan rose $1 to $9.99, the standard plan jumped from $13.99 to $15.49, and the premium plan rose from $17.99 to $19.99, according to Netflix's website. A Netflix spokesperson confirmed the change. CORRECTION: Netflix's price change will impact customers in the U.S. and Canada.
Persons: Reed Hastings, HBO Max, Amazon's Organizations: Netflix, LG, Mandalay Bay Convention, Disney, HBO, Apple Locations: Mandalay Bay, Las Vegas , Nevada, U.S, Canada
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's ad business could be large share gainer in coming years, says Cowen's BlackledgeJohn Blackledge, managing director and senior research analyst at Cowen, joins CNBC's 'Squawk on the Street' to discuss beak down Amazon's and TikTok's advertising businesses.
Persons: Cowen's Blackledge John Blackledge Organizations: Cowen
That deal, Amazon argues, came with certain non-compete clauses that prohibited Future from selling retail assets to certain rivals, including Reliance, run by one of India's richest men, Mukesh Ambani. Future denies any wrongdoing, saying Amazon is illegally seeking to exert control on Future's retail business. Future Retail (FRTL.NS) - the group's flagship retail arm - says it faces liquidation and its more than 27,000 employees can become jobless if the Reliance deal fails. Both are expanding fast into e-commerce, but the Future deal will immediately boost the retail footprint of Reliance, which has attracted marquee foreign investors in the business. In one confidential legal filing, Amazon said Reliance's consolidated position with Future "will further restrict competition in the Indian retail market".
Persons: Jan, Mukesh Ambani, Amazon, Reliance's, Aditya Kalra, Kenneth Maxwell Our Organizations: Amazon.com Inc, Reliance Industries, Reliance, Amazon, Singapore International, Future, U.S ., Conglomerate Reliance, Competition Commission of India, U.S, Court, Thomson Locations: DELHI, India, U.S, Singapore, New Delhi, Delhi
A former Amazon drone engineer said he quit after being told he was among the "least effective" members of his team. He told Bloomberg he received cryptic feedback from a manager that sounded "like a fortune cookie." Pat McGah told Bloomberg that in February last year, managers told him he was one of the "least effective" members of his team. McGah told Bloomberg, adding: "It sounds like a fortune cookie." McGah told Bloomberg that when he requested his personnel records from Amazon, the company refused.
Persons: He's, Pat McGah, McGah, Patty Kuderer, Insider's Eugene Kim, Ashley Stewart Organizations: Bloomberg, Service, Amazon, Washington State Legislature Locations: Amazon's, Washington
Atlassian started moving to the cloud in 2016, picking AWS because of its global footprint. From that moment on, Atlassian and its products were fully hosted from the Amazon Web Services cloud. It was also drawn to Amazon's catalog of homegrown cloud services, including those around reliability, security, and data processing. Finally, Atlassian — itself an international company — was drawn to Amazon's global footprint, with cloud data centers around the world. Over the next two years, Atlassian started the earliest stages of the massive undertaking that was Project Vertigo.
Persons: Atlassian, Bitbucket, Sri Viswanath, Sri Mantha, it's, Viswanath, , Robert Krohn, Krohn Organizations: Amazon Web, Amazon, Services, AWS Atlassian, Atlassian Locations: Ashburn , Virginia, Australia, Austin , Texas, Atlassian, 646.376.6106
Workers at an Amazon warehouse in Bessemer, Alabama, will have a second union vote next month. The NLRB concluded Amazon "interfered with the employees' exercise of a free and reasoned choice" in a union vote last year. Voting in the second election will begin on Feb. 4 by secret ballot. "Therefore, a new election will be held in accordance with the terms of this Notice of Second Election," the document continued. In a press release, the Retail, Wholesale and Department Store Union said, "Amazon's misconduct during the first union election so tainted the outcome that the NLRB overturned the results and directed a second election for workers in Bessemer, Alabama.
Persons: Barbara Agrait Organizations: NLRB, Service, National Labor Relations Board, Retail, Wholesale, Department Store Union, National Labor Relations, Amazon, Workers Locations: Bessemer , Alabama, Amazon's, BHM1
Amazon will allow employees to take longer leaves of absence before pausing their stock vesting schedules, in addition to other changes. Amazon has changed some of its policies around employees' stock grants amid growing complaints about low compensation and an exodus of top talent from the company. Amazon will allow employees to take longer leaves of absence before pausing their stock vesting schedules, according to the memo. Amazon will also give employees the option to trade fractional shares and accelerate vesting schedules for employees' beneficiaries in the event an employee dies. It's not clear whether the relatively incremental changes to stock vesting announced Monday, though, will alleviate those concerns.
Persons: vesting, Amazon's, Katherine Long Organizations: Amazon
Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021. The suspension jolted Amazon as subsequently a New Delhi court halted the arbitration proceedings between the two sides. The filings are the latest in the bitter legal dispute which has embroiled Amazon, Future and Reliance over what is seen as a battle for retail supremacy in India's booming consumer market. Amazon has long argued that Future violated the terms of its 2019 deal in deciding to sell retail assets to Reliance. But after the CCI suspended that deal's approval, saying Amazon suppressed information while seeking clearances for the deal, Future has argued Amazon no longer has any legal basis to pursue the dispute.
Persons: Dado Ruvic, Jan, Mukesh Ambani, Reliance's, Amazon's, Aditya Kalra, Ana Nicolaci da Costa Organizations: REUTERS, Inc, Future, Sunday, of India, Reliance Industries, Amazon, India's National, Reliance, Lincoln, Thomson Locations: Delhi, U.S, Singapore, New Delhi
Washington state lawmakers target above-industry-average injury rates at Amazon warehouses. Washington state is home to the most dangerous large Amazon warehouse in the country. In the latest legal challenge to Amazon's labor practices, Washington state lawmakers are poised to introduce legislation targeting above-industry-average injury rates at the company's warehouses. The precise details of the Washington state legislation are still under discussion, said Aaron Wasser, a spokesperson for the state senate's Democratic caucus. Lawmakers are also discussing provisions that would affirm workplace safety regulators' rights to inspect facilities with high injury rates, Keiser added.
Persons: Aaron Wasser, Karen Keiser, Keiser Organizations: DuPont , WA, Nationwide, Washington, Democratic Locations: Washington, California, DuPont ,
Amazon warehouse managers say they're under "intense pressure" to hit unrealistic goals at the retail giant's fulfillment centers. In December 2020, one Amazon warehouse manager criticized the company's working conditions in an internal memo. In December 2020, an Amazon warehouse manager sent a blistering critique of the company's cutthroat working conditions to superiors. Former Amazon employee Christian Smalls stands with demonstrators during a protest outside an Amazon warehouse in Staten Island on May 1, 2020. In the email sent to Amazon's HR VP Agboka, the warehouse manager shared similar concerns, saying 23-year-old "kids" are "managing 18-year-old kids."
Persons: Ofori Agboka, Ofori, Agboka, , Christian Smalls, Smalls, They'd, Chris J, Ratcliffe, it's, Lucas Jackson, underpaid, Katherine Long, Eugene Kim Organizations: Amazon, Amazon's, REUTERS Locations: Amazon, Staten Island, Seattle, Peterborough, England, Connecticut, Agboka, Pennsylvania, Black, Northern California
Peter Hill, AWS's VP of productivity applications, is leaving the company, Insider has learned. The move is the latest in AWS's struggles in the SaaS business applications space. Hill's team oversaw an array of AWS's software products, including its call center service Connect, video conferencing tool Chime, and email app WorkMail, among others. Amazon lags far behind competitors like Microsoft, Salesforce, and Adobe in cloud business applications, although it's the leader in the cloud infrastructure space. In an email to Insider, Amazon's spokesperson said executive departures are not unusual and that AWS's applications business continues to thrive.
Persons: Peter Hill, AWS's, Larry Augustin, Amazon's, Hill, wasn't, Charlie Bell, Eugene Kim Organizations: Services, Amazon, Microsoft, Adobe, Bell
RivianRivian stock plunged as much as 17% Thursday, continuing a rout sparked by Amazon's new deal with Stellantis. Amazon was an early investor in Rivian and previously ordered 100,000 electric vehicles from the startup. After diving 11% Wednesday, Rivian stock dropped as low as $75.13 on Thursday before paring losses. Amazon, one of Rivian's early backers and endorsers, had previously announced an order of 100,000 electric delivery vans from Rivian. Like Rivian, Stellantis has named Amazon its preferred cloud provider to drive refinement and efficiency of new electric vehicles.
Persons: Amazon's, Stellantis, Rivian, Tesla Organizations: Stellantis, Bell, Fiat Chrysler, Amazon, CNBC Locations: Rivian
On Tuesday, Aikman, 55, launched EIGHT, a light beer company he co-founded with four other individuals. He also spoke about his uncertain future at Fox Sports, calling Sunday afternoon games, as the network is in a bidding war with Amazon to retain Aikman. Last November, Front Office Sports reported Amazon would target Aikman for its NFL Thursday Night Package, which starts exclusively in the 2022 season. Asked to address the speculation surrounding his future, Aikman said: "I've thoroughly enjoyed my time with Fox. "He said, 'Hey, I just want to let you know I'm going to Monday Night Football,'" Aikman remembered.
Persons: Troy Aikman, Aikman, Roger Staubach, Dak Prescott, Staubach, Staubach Company –, Said Aikman, Doug Campbell, Phil Leinhart, Forbes, Prescott, Ed Werder, Michael Ainsworth, I've, , Joe Buck, that's, Dallas Cowboys Troy Aikman, John Madden, Sara White, Green Bay Packer Reggie White, Houston Oilers Warren Moon, Rayfield Wright, Mike Cassese, Reuters Aikman's, Madden, – Aikman's Organizations: National Football League, Fox Sports, Dallas Cowboys, Tuesday, CNBC, Amazon, Aikman, NFL, Cowboys, Staubach Company, Washington Redskins, RFK, Chevrolet, Jeep, Chrysler, ESPN, Brewery, Anheuser, Busch, Oregon State, T, Fort, New York Giants, Office Sports, Sunday, Amazon's, Fox, USA, NFL Hall of Fame, Oakland Raiders, Green Bay, Houston Oilers Warren, Reuters, Reuters Aikman's Madden, Night, Pro Football Hall of Fame, of Fame Locations: Wingstop, Texas, South Texas, Washington ,, Dallas, Fort Worth and Waco, Arlington , Texas, Detroit , Michigan
Amazon has two private-label furniture brands, Rivet and Stone & Beam. I tested some of the pieces in my home and came away wondering if I'll ever buy expensive furniture again. About Amazon's in-house furniture brandsAmazonIn 2019, Amazon announced Rivet and Stone & Beam, two new furniture brands dedicated to making stylish furniture accessible and affordable to its customers. The furniture really helped to ground my space — plus, they looked just as nice next to furniture from CB2 and my antique pieces. I definitely recommend checking out Amazon's private-label furniture brands if you're looking to spruce up your place or start from scratch.
Persons: , it's, Ella Moon, Sally Kaplan Organizations: Service, Amazon, IKEA, West Locations: sofas, Elm, Brooklyn, West Elm
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