In addition, the Gnosis team plans a new class of blockchain assets they call conditional tokens. I think the conditional tokens could be Ethereum Request for Content (ERC20) tokens that contain smart contracts linked to “conditional prediction markets.”
Interestingly, Alibaba’s income numbers are similar to Amazon’s. On 30 June 2019, Stockrow gives Amazon a quarterly net of $2.625 billion and an operating income of $3.084 billion. Hence, Alibaba’s income was slightly larger than Amazon’s income.
However, Baidu could have a 93.2% market share in the world’s second largest economy. Trading Economics estimates China had a gross domestic product (GDP) of $13.608 trillion in 2018. Plus, China had an annual GDP growth rate of 6.4% in 2019.
Disney and Target are partnering because they are facing the same aggressive, tech-savvy, and cash-rich competitor: Amazon. The hope is that Target and Disney can drive each other’s sales with synergy.
Retail apocalypse poster child GameStop (NYSE: GS) has an unlikely savior in the form of Big Short hero Michael Burry. Bizarrely, Burry’s investment firm Scion Asset Management admits to owning three million…
Many people are asking is Amazon too big because of the sheer size and power of the Everything Store. The most dramatic and dangerous effect of Amazon’s (NASDAQ: AMZN) size…
Amazon Scout; a six-wheeled robot is making deliveries in Snohomish County, Washington State, and Irvine, California, a press release and media reports claim. Interestingly, they design Scout; which is about the size of a baby carriage, to operate on the sidewalks.
Consequently, many Alphabet subsidiaries operate in unprofitable cutting edge businesses. For instance, Waymo is developing self-driving vehicles, DeepMind creates artificial intelligence, Nest Labs works on the Internet of Things (IoT), and Verily Life Sciences is dabbling in healthcare and medicine.
Observers ask is American Express overpriced because its stock was trading at $125.29 a share on 8 August 2019. However, both Visa (NYSE: V) and MasterCard (NYSE: MA) are more expensive…
Frighteningly, data from the United Kingdom shows television viewership could soon fall far lower. UK media regulator Ofcom estimates Britons between 16 and 24 watch just two minutes of TV news a day, The Guardian reports. In contrast, people over 65 watched 33 minutes of TV news a day.
A major threat to Family Dollar, and Colgate Palmolive, is Amazon Prime which gives consumers free shipping on all their basic needs for $12 a month. Statista estimates there were 103 million US Amazon Prime subscribers in March 2019 up from 95 million in June 2018. Moreover, Statista estimates the average Prime Member spends $1,400 on Amazon each year. Thanks to Amazon Prime, Americans are more used to shopping online.
Human managers often waste employees’ time with micromanagement, nick picking, needless training, and useless advice. Thus, eliminating managers could make stores more efficient and improve employee morale.