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Category Archives: E-Commerce

Amazon Slammed for Destroying As-New and Returned Goods

Fortune: “Amazon is destroying “massive amounts” of as-new and returned items in Germany, according to a report from business weekly WirtschaftsWoche and news show Frontal 21. The types of items being destroyed here go way beyond the “health and personal care” products that Amazon has long been destroying when people return them, for sanitary reasons. We’re talking things like washing machines, smartphones and furniture. The revelation drew an angry response from the German government and environmental campaigners. “This is a huge scandal,” Jochen Flasbarth from the German environment ministry told WirtschaftsWoche. “We are consuming these resources despite all the problems in the world. This approach is not in step with our times.” Greenpeace’s Kirsten Brodde said there was a need for a new “law on banning the waste and destruction of first-hand and usable goods.”..”

Here Are 18 Things You Might Not Have Realized Facebook Tracks About You

BuzzFeed: “When Facebook CEO Mark Zuckerberg testified before Congress in April in the aftermath of the Cambridge Analytica scandal, he said he’d have his team follow up on questions he couldn’t answer in full during the hearing. On Monday, Congress released a massive document with written answers to those questions. These responses were a good… Continue Reading

Facebook Gave Some Companies Special Access to Additional Data About Users’ Friends

WSJ via Morningstar: “Facebook Inc. struck customized data-sharing deals that gave select companies special access to user records well after the point in 2015 that the social network has said it walled off that information, according to court documents, company officials and people familiar with the matter. Some of the agreements, known internally as “whitelists,”… Continue Reading

Amazon Sellers Say The Tech Giant Is Crushing Them With Competitive Pricing

BuzzFeed: “Amazon’s third-party marketplace and its millions of sellers across the world have grown into a billion-dollar sales stream for the company since the marketplace first launched in 2000. But as Amazon sells competing products at significantly lower prices and expands its private-label brands, some of the site’s third-party sellers say the retail giant is… Continue Reading

Check if you have an account that has been compromised in a data breach

In all likelihood, regardless of how careful you are and how many email addresses you employ, all of them have been compromised many times over as a result of a multitude of breaches of sites and services that range from Tickefly to Adobe. You may want to check in with Have I Been Pwned (HIBP)… Continue Reading

eBooks vs Physical Books: the Importance of Choice

IFLA Library Advocacy and Literacy Blog: “eBooks are often portrayed as being in conflict with physical books – the modern versus the traditional, function versus experience, and (more or less openly) Amazon versus bookstores and established publishers. Sales figures are regularly analysed for the relative trends. Partisans of physical books cite numbers from the big… Continue Reading

2018 Artificial Intelligence in Finance The Road Ahead

Future Perfect Machine – Artificial Intelligence in Finance: The Road Ahead. May 2018 “Artificial intelligence is reshaping how we work, interact and share information and content. AI technologies are increasingly being incorporated into many of our daily activities. AI opportunities in financial services are broad-based addressing needs in risk assessment, financial analysis, portfolio management, credit… Continue Reading

Internet Trends 2018 Mary Meeker

Mary Meeker’s 2018 internet trends report “Context: We use data to tell stories of business-related trends we focus on. We hope others take the ideas, build on them & make them better. At 3.6B, the number of Internet users has surpassed half the world’s population. When markets reach mainstream, new growth gets harder to find-evinced… Continue Reading

How Amazon Is Using Whole Foods in a Bid for Total Retail Domination

Just a note before the story – if you live in MD, DC, VA, PA – go to MOM’s Organic Market– shop there – I have no affiliation whatsoever with this store – but started buying my food (all organic) from the founder when he launched his business in 1987 – and do so to… Continue Reading

OECD – The Future of Business Survey

“The Future of Business Survey is a new source of information on small and medium-sized enterprises (SMEs). Launched in February 2016, the monthly survey – a partnership between Facebook, OECD, and The World Bank – provides timely information on how firms with a digital presence assess the current state and future outlook of their business,… Continue Reading

How the Math Men Overthrew the Mad Men

The New Yorker – How the Math Men Overthrew the Mad Men – “The power of Math Men is awesome. Google and Facebook each has a market value exceeding the combined value of the six largest advertising and marketing holding companies. Together, they claim six out of every ten dollars spent on digital advertising, and… Continue Reading

Smart devices in your home have data that may be used by law enforcement

Your Home is Your…Snitch? When your appliances work as police informants – By Daniel Zwerdling – The Marshall Project Justice Lab column examines the science, social science and technology of criminal justice. “Police records in Bentonville, Arkansas show that James Bates called 911 on Sunday morning just before Thanksgiving 2015, and reported chilling news: he’d… Continue Reading