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Category Archives: E-Commerce

Business Roundtable Ranked How Well Apple, IBM, and Amazon Actually Serve Stakeholders

Fortune: “In August, almost 200 leading business executives—including Amazon CEO Jeff Bezos, Apple CEO Tim Cook, JPMorgan Chase CEO Jamie Dimon, and IBM CEO Ginni Rometty—made news headlines by offering a new definition for the purpose of a corporation that challenged long-held corporate orthodoxy. These chief executives, collectively known as the Business Roundtable, argued that the modern corporation should no longer exist only to deliver value to stockholders, as it plainly stated in 1997—rather, it should serve stakeholders including customers, employees, partners, communities, and yes, shareholders. “Each of our stakeholders is essential,” reads a rather concise statement signed by 181 of the Business Roundtable’s 193 members. “We commit to deliver value to all of them, for the future success of our companies, our communities and our country.” It didn’t take long for questions to emerge: Were the CEOs violating their fiduciary duty by embracing a broader mandate? And just how the hell were they going to measure their success, anyway?…”

Leaked documents show Facebook leveraged user data to fight rivals and help friends

NBCNews: “A cache of leaked Facebook documents shows how the company’s CEO, Mark Zuckerberg, oversaw plans to consolidate the social network’s power and control competitors by treating its users’ data as a bargaining chip. The documents were obtained and are being published by NBC News. This trove comprises approximately 7,000 pages in total, of which… Continue Reading

Congress Looking into Anticompetitive Behavior in the Digital Library Market

Publishers Weekly – “The American Library Association (ALA) has delivered a written report to the House Judiciary Committee telling lawmakers that “unfair behavior by digital market actors,” including Amazon and some major publishers, is “doing concrete harm to libraries.” The report, delivered last week to a House antitrust subcommittee investigating competition in the digital market,… Continue Reading

Gmail users hooked on free storage face new fees as data limits are capped

Bloomberg: “Google lured billions of consumers to its digital services by offering copious free cloud storage. That’s beginning to change. The Alphabet Inc. unit has whittled down some free storage offers in recent months, while prodding more users toward a new paid cloud subscription called Google One. That’s happening as the amount of data people… Continue Reading

Alexa and Google Home abused to eavesdrop and phish passwords

ars technica – Amazon- and Google-approved apps turned both voice-controlled devices into “smart spies”. – “By now, the privacy threats posed by Amazon Alexa and Google Home are common knowledge. Workers for both companies routinely listen to audio of users—recordings of which can be kept forever—and the sounds the devices capture can be used in criminal… Continue Reading

Google new delete history feature is almost useless for privacy, experts warn

Follow up to October 15, 2019 posting – Google introducing auto-delete controls for your Location History and activity data – please note: Reclaim the Net: “It’s no secret for anyone that Google benefits from collecting and selling user data – this is a major part of their business whether we like it or not.  Whenever… Continue Reading

Google introducing auto-delete controls for your Location History and activity data

Google Blog – “Whether you’re looking for the latest news or the quickest driving route, we aim to make our products helpful for everyone. And when you turn on settings like Location History or Web & App Activity, the data can make Google products more useful for you—like recommending a restaurant that you might enjoy,… Continue Reading

To Live or Die by Google Search Brings an Escalating Cost

Bloomberg – “Where’s the best place to hide a body? The second page of a Google search… The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn’t laughing. In the 13 years since he co-founded British price comparison website GoCompare, the 41-year-old has tried to… Continue Reading