"I ain't nobody's bi...minion" a remarkably buff Bezos was overheard saying.
Here's TheStreet.com who didn't even get to the biggest new bizopp for Bezos, link below:
Amazon Is Pure Madness: It's Going to Destroy Almost Every Industry Alive and It Must Be Stopped
Here's TheStreet.com who didn't even get to the biggest new bizopp for Bezos, link below:
Amazon Is Pure Madness: It's Going to Destroy Almost Every Industry Alive and It Must Be Stopped
New day, a new business Amazon (AMZN) wants to dip its toes in.
The latest looks to be the meal kit space, TheStreet reports.
In a July 6 trademark application, Amazon subsidiary Amazon Technologies Inc. revealed it is planning "prepared food kits composed of meat, poultry, fish, seafood, fruit and/or and [sic] vegetables... ready for cooking and assembly as a meal," as well as primarily grain-based offerings.
The product's tagline: "We do the prep. You be the chef." Amazon already sells other companies' meal kits, including Tyson Foods Inc.'s (TSN) Tyson Tastemakers. Martha Stewart is even offering meal kits on Amazon Fresh, the company's grocery delivery service. But, this may be the first hint of something bigger for Amazon, which would put it in direct competition with newly minted IPO Blue Apron (APRN) . Shares of Blue Apron crashed as much as 7% on the news.
Yours truly is all for creating new businesses -- and winning. But, at the rate Amazon is going, it may disrupt every single industry -- materially -- within the next 10 years. Just look at the seven companies Amazon has helped torch this year alone. That said, it's time to call a spade a spade -- Amazon is very close to a monopoly that should be looked into by the government. Like the Microsoft (MSFT) monopoly deep dive that occurred many years ago.
For if something isn't done, Amazon will own the entire apparel industry, operating it out of former Macy's (M) stores. While it's selling bras and panties for $90 each because of its monopoly, it will be offering $10 bananas from the nearby Whole Foods Amazon Market down the road.
Here comes the inflation.And from Digiday, July 17:
Look out, YouTube and Facebook: Amazon’s coming for video publishers
YouTube and Facebook get a bulk of the attention from digital publishers looking to build and scale video businesses. Meanwhile, for the past year, Amazon has built a platform that not only offers publishers another place to distribute videos but also the opportunity to make money from day one.
Last year, Amazon opened up its Prime streaming platform to video publishers and creators of all sizes, allowing them to distribute individual videos, themed video collections, entire seasons of shows and even their subscription channels. Called Amazon Video Direct, the program gives participating publishers access to the estimated 79 million people who pay for Prime in the U.S. alone.
One publisher in the Amazon Video Direct program said it earned mid-five figures on Amazon during its first month on the program last year — nearly four times the amount it made from YouTube ad sales during the same month. “That was an eye-opener, and we’ve been putting up more titles [on Amazon] since then,” said this publishing exec....MORE
