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Mackenzie Bezos Gets Rid Of About $370M Of Her Amazon Shares
Monday, January 27, 2020 - 10:58pm | 355Read More...Mackenzie Bezos, the former wife of Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, has unloaded a little over 200,000 of her shares in the company. What Happened An end of the year filing with the United States Securities and Exchange Commission by Jeff Bezos showed that he now...
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WTT?!? Weekend: The Celadon Hits Keep On Coming, Walmart Appeals California Decision, Amazon Accused Of More Abuse
Monday, January 27, 2020 - 11:54am | 670Read More...Hey hey hey, welcome to the workin' weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November 2019, and for fear that future access to the shared IT system would again be blocked, and the failure to remit millions of...
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Driver Abuse Complaints Continue To Follow Amazon
Friday, January 24, 2020 - 9:57am | 641Read More...A Tennessee truck driver alleged he was coerced into violating federal hours-of-service (HOS) laws while hauling freight for Amazon.com, Inc. (NASDAQ: AMZN) through his employer, leading to injuries he sustained after crashing his truck. In a lawsuit filed in federal court in Washington state,...
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Amazon Urges Court To Halt Progress On Microsoft's JEDI Contract With The Pentagon
Thursday, January 23, 2020 - 5:17am | 378Read More...Amazon.com Inc (NASDAQ: AMZN) has requested the court to halt Microsoft Corporation's (NASDAQ: MSFT) work with the Pentagon on a $10 billion cloud computing contract until its protest against the award is ruled upon, Reuters reported Wednesday. What Happened The Joint Enterprise Defense...
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Coinbase Custody Adds Matic To Its Institutional Cryptocurrency Vault
Wednesday, January 22, 2020 - 1:21pm | 747Read More...Coinbase, the largest US cryptocurrency exchange, has added a new digital asset to its custodial service. Matic, the native token of Matic Network, can now be deposited and withdrawn by the institutional firms that utilize Coinbase Custody. Institutional interest in crypto assets has increased...
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Prospective Amazon Delivery Robot Would Navigate Air, Land And Sea
Wednesday, January 22, 2020 - 11:53am | 726Read More...Amazon.com, Inc. (NASDAQ: AMZN) has won a patent for a multifaceted last-mile autonomous robot the company is calling, prosaically, a "storage compartment vehicle" (SCV), designed to deliver and retrieve items potentially from multiple customers on a single trip. The patent application, published...
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Amazon Plans Takeover Of Two Pinnacle Logistics Air Cargo Operations
Monday, January 20, 2020 - 10:16am | 599Read More...Amazon.com, Inc. (NASDAQ: AMZN) is taking over Pinnacle Logistics air cargo operations in Baltimore, Maryland, and Rockford, Illinois, where it likely will offer jobs to employees Pinnacle plans to lay off, according to media reports. The Rockford layoffs of 1,416 workers would take effect on or...
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Opinion | Space Is No Longer The Final Frontier
Saturday, January 18, 2020 - 2:55pm | 594Read More...As a kid, I heard “Beam me up Scotty” or “ May the Force be with you.” Glen Larson transported us to the 25th century with Buck Rogers and the beautiful Colonel Wilma Deering. Today, space is no longer a wild dream. It is a reality. I have always been encouraged by one of...
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Twitch's Viewership Declined In Q4 After Popular Streamers Left The Platform: Report
Friday, January 17, 2020 - 8:25am | 397Read More...Total hours watched on Amazon.com, Inc.'s (NASDAQ: AMZN) Twitch streaming platform declined sharply in the fourth quarter of 2019, after many popular streamers left the platform last year. What Happened Total hours watched on Twitch in Q4 2019 dropped to 2,299.6 million, a 9.8% decline compared...
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Today's Pickup: Aerial Vs. Ground Autonomous Transportation
Wednesday, January 15, 2020 - 12:02pm | 792Read More...Good day, During a panel discussion last week at CES 2020, Scott Drennan, vice president of innovation at Bell Textron, was asked which mode of transportation would win the autonomy race — aerial or ground. "In the air, I think we can win," he said. There is "more space up there," Drennan said...
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Bezos Pledges $1 Billion To Digitize Small Businesses In India
Wednesday, January 15, 2020 - 10:15am | 638Read More...At the inaugural Amazon Smbhav summit in New Delhi on Wednesday, Jeff Bezos announced that the e-commerce giant will invest $1 billion over the next five years to digitize micro and small businesses across India and help them "reach more customers than ever before." Bezos' announcement came a day...
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Amazon Lifts Third-Party Seller Ban On Use Of FedEx Ground
Wednesday, January 15, 2020 - 10:01am | 638Read More...Amazon.com. Inc. (NASDAQ: AMZN) has lifted its near one-month ban on third-party sellers' use of FedEx Corp. (NYSE: FDX) as their ground delivery partner, saying FedEx's delivery performance had improved to levels such that it could be reinstated as a provider for merchants who use privileges on...
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Is Walmart Gaining On Amazon, Or Did It Never Lose The Lead?
Tuesday, January 14, 2020 - 5:43pm | 163Read More...In this week's episode of Great Quarter, Guys, brought to you by CarrierDirect, Kevin and Andrew have a special guest, Zach Strickland, in the booth to break down the retail Goliath Walmart Inc (NYSE: WMT). We also talk Trade Deal, January freight blues and answer whether Peloton is a bust. Check...
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Amazon Alexa To Enable Fuel Payments At Gas Stations
Monday, January 13, 2020 - 12:44pm | 644Read More...Amazon.com, Inc. (NASDAQ: AMZN) has partnered with oil giant ExxonMobil Corporation (NYSE: XOM) and financial services provider Fiserv to enable Alexa customers to make gas payments through the voice assistant at gas stations. When a customer pulls up his vehicle at a gas station, he can summon...
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Off The Supply Chain: Brokering Both Sides Of The Equation
Friday, January 10, 2020 - 5:28pm | 183Read More...With companies like Convoy achieving a $1 billion valuation in roughly four years, or publicly-traded companies like Uber Technologies Inc (NYSE: UBER) and Amazon.com, Inc. (NASDAQ: AMZN) encroaching on the brokerage space, it is getting harder for the smaller, "relationship-based" brokers to...
















