The Amazon business model and the risks of big data

In recent years, the US company Amazon has been called out over how it treats its workers, its efforts to impede the right to organise, its distribution model’s inherently damaging environmental impact and the devastating effects it has on the local economies where it sets up operations. But there is another issue that has so far been given much less attention: the company’s increasingly dominant position as a data platform and web services provider.

The company founded by Jeff Bezos – the second richest man on earth, according to Bloomberg – is increasingly evolving from being a retail company, into a platform with the same business model as the likes of Google, Facebook, Apple and Microsoft. Collectively referred to by the acronym GAFAM, the profits of these top-five tech companies have skyrocketed since the pandemic forced millions of people into online social interaction.

It is estimated that the non-retail

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Dave Clark, Amazon’s consumer CEO, resigns

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The chief executive of Amazon’s consumer business will step down next month after more than two decades, the e-commerce giant announced in a blog post Friday and reflected in a regulatory filing.

“I’ve had an incredible time at Amazon but it’s time for me to build again,” David Clark said in a tweet Friday, where he shared a screenshot of an email he sent to his team. “For some time, I have discussed my intent to transition out of Amazon with my family and others close to me, but I wanted to ensure the teams were setup for success,” he wrote in the farewell email.

The announcement marks the second high-profile departure in as many days in the tech world. On Wednesday, Sheryl Sandberg — one of the highest-ranking women in corporate America — announced she was stepping down as chief operating officer of Facebook,

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Amazon CEO of Worldwide Consumer Dave Clark resigns

Dave Clark, Amazon’s senior vice president of worldwide operations.

Lindsey Wasson | Reuters

Dave Clark, CEO of Amazon’s worldwide consumer business and a top lieutenant of CEO Andy Jassy, will resign July 1, after 23 years at the company, Amazon announced in a regulatory filing Friday.

Amazon did not name a replacement for Clark. In a blog post announcing his exit, Jassy said Amazon is in the process of firming up a succession plan for Clark, and will announce an update “over the next few weeks.”

“The past few years have been among the most challenging and unpredictable we’ve faced in the history of Amazon’s Consumer business, and I’m particularly appreciative of Dave’s leadership during that time,” Jassy said.

In a tweet, Clark said he felt it was the right time to leave Amazon.

“As much as I have loved the ride, it is time for me to say goodbye

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<strong>6 Snapchat Features You Need To Know</strong>

<strong>6 Snapchat Features You Need To Know</strong>

Snapchat is a photo messaging application that allows you to connect with your friends indirectly using chat or pictures. With this app, users can take photos, record videos, add text and paintings, and send them to a user-defined list of recipients. For those of you who want to have a lot of followers on Snapchat, you can buy snapchat followers to get followers quickly and safely.

1. Snapchat has a new concept and is different from many social media.

In the Snapchat application, we have to show photos directly. Then the photos or videos that we share can only be seen for a maximum of 10 seconds. After that, the photo or videos that we share will disappear forever. Even though there is a way to take photos or videos that last for 24 hours. On Snapchat, both photos and videos will be videos with a maximum duration of 10 … Read more

Amazon has a $31 billion a year advertising business

Amazon revealed Thursday just how big its advertising business has become. It generated $31.2 billion in revenue in 2021, with fourth-quarter sales rising 32%, according to the retailer’s fourth-quarter earnings statement.

The disclosure follows years of Amazon investing in the advertising business and keeping details private.

At that scale, it’s larger than several other entities in online advertising, including cloud rival Microsoft, whose CEO, Satya Nadella, disclosed last week the company’s 2021 advertising revenue exceeded $10 billion. Snap’s total revenue came to $4.12 billion in 2021, while that number was $2.58 billion for Pinterest.

Andy Jassy, Amazon AWS 

Source: CNBC

Advertising is still small by Amazon standards, representing 7% of total revenue in the fourth quarter, according to the company’s earnings statement. Advertising gives Amazon twice the revenue that physical stores do, and it’s more sizable than the company’s subscription services, which icnlude Prime memberships.

“I’m excited to continue

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