Amazon Reveals Its Most Profitable Business

Amazon released its Q4 and full year earnings on Feb. 3. North American revenue was up 18.4% in 2021 versus 2020, which is only a slightly faster growth than the overall retail industry growth of 17.9%, as measured by the US Department of Commerce. Amazon’s growth rate is slowing by historical standards, it has previously never been below 20% since Amazon started reporting North American sales in 2014.

For the first time, Amazon broke out the revenue it collects from advertisers on its platform. Previously this revenue had been lumped into a category Amazon labeled “other.” In 2021 Amazon

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Breanne Logiudice by — February 5, 2022 in Amazon Business
Tips on keeping minors safe from social media scams

Those quizzes and surveys that pop up on your social media feed seem fun and harmless, but they can cost you personal information and even money.

BEAUMONT, Texas — The Better Business Bureau in Southeast Texas is sending a warning out to parents on how to protect children and teens from identity theft.

Those quizzes and surveys that pop up on your social media feed seem fun and harmless, but they can cost you personal information and even money.

The advice that the BBB is giving on the issue is to always think twice before giving out any personal information and talking to kids about what could happen if their information is stolen.

The BBB says that one important way in keeping children safe is being aware what social media platforms they frequent.

President and CEO of the BBB in Southeast Texas Liz Fredrichs says keeping tabs on the amount

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Breanne Logiudice by — February 5, 2022 in Better Business Bureau
Naming the Brand Challenge Update

In just a few days, the Washington Football Team is set to unveil the new franchise brand, live on national television. After an 18-month buildup, I am expecting the brand reveal to be a momentous event, which will go down in history. I am expecting something even bigger than the Sean Taylor Jersey retirement. Maybe something that historians of corporate America will discuss in the same category as Microsoft’s Windows 95 launch.

Why am I so pessimistic about the prospects of Tanya Snyder’s leadership team rising to the occasion of an historic opportunity of a storied NFL franchise making a fresh start? To answer that question, let me review how we got to this point.

In the summer of 2020, the WFT’s major corporate sponsors presented majority owner Dan Snyder with an ultimatum that it was finally time to drop the Redskins name. With due pomp and fanfare, the Brand

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Breanne Logiudice by — February 5, 2022 in Business Name Generator
Sarah Palin Lawyer Urges Jurors to Find New York Times Guilty of Defamation

  • Sarah Palin’s defamation lawsuit against the New York Times kicked off Thursday.
  • It was delayed after Palin tested positive for COVID-19 last week.
  • The trial could offer the Supreme Court an opportunity to revisit the “actual malice” standard of defamation law.

A lawyer for Sarah Palin asked jurors Thursday to find the New York Times liable for defamation for a “horrific” 2017 editorial, kicking off a trial that could reshape the way media outlets are permitted to write about public figures.

In a Manhattan federal court, Palin’s attorney Shane Vogt gave opening statements on behalf of the former Alaska governor and Republican vice-presidential candidate. He said a 2017 editorial that linked her political rhetoric to a 2011 mass shooting in Arizona reflected a “history of bias” and “narrative” against Palin.

“There was no link established between Governor Palin and that shooting,” Vogt said. “There was no

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Breanne Logiudice by — February 4, 2022 in Business Insider
Comcast doubles Peacock spending as broadband business takes hit

Comcast is ramping up spending on its Peacock streaming service, executives said on Thursday, aiming to catch up to big media rivals in the global battle for viewers.

Unlike the majority of its rivals, Peacock offers a free, ad-supported version and two paid options: a $5-per-month tier with “light ads” and an ad-free version costing $10 per month.

In a call with investors on Thursday, Comcast Chief Executive Brian Roberts said the “vast majority” of Peacock’s paid subscribers choose the $5 tier over the $10 tier. Going forward, the company will focus its strategy around the ad-supported tiers.

It is doubling Peacock content spend to $3 billion in 2022 and plans to increase domestic content spend for Peacock to $5 billion over the next couple of years, an additional investment that will result in an earnings before interest, taxes, depreciation and amortization (EBITDA) loss of roughly $2.5 billion. It plans

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Breanne Logiudice by — February 4, 2022 in Comcast Business