Amazon strike: Employees want safer working conditions, more permanent positions
The strike is poised to happen on Amazon's upcoming "Prime Day."
- Amazon workers at a Minnesota fulfillment center organized the strike, which is expected to last 6 hours on July 15.
- The workers consist mainly of East African Muslim immigrants, who've clashed with the company in the past.
- Amazon, Target and Walmart are all racing to offer customers the quickest shipping, a move that will likely worsen worker conditions at fulfillment centers.
Amazon dumps "stealth tax" on unsuspecting warehouse workers
Amazon raised its minimum wage for US workers to $15 per hour. Then, it took a bunch of other benefits away in what's being called a "stealth tax."
- Previous to the announced increase in minimum wage to $15/hr., warehouse workers were eligible for production bonuses and stock awards. Those will be terminated when the wage is increased.
- Amazon claims it's a net gain for the workers, but others disagree.
- CEO Jeff Bezos still makes $30,000 a minute.
China implanted tiny spy chips in servers used by Amazon, Apple
A new report from Bloomberg describes how Chinese subcontractors secretly inserted microchips into servers that wound up in data centers used by nearly 30 American companies.
- A 2015 security test of a server sold by an American company found that someone in the supply chain had successfully embedded a tiny microchip on a motherboard.
- The company that manufactured the compromised motherboard provides servers to hundreds of international clients, including NASA and the Department of Homeland Security.
- U.S. officials linked the hardware attack to a People's Liberation Army unit, though it's unclear what, if anything, hackers have done or to what they have access.
Jeff Bezos, Jamie Dimon, and Warren Buffett unite to disrupt healthcare's profit motive
The three behemoth companies are teaming up to disrupt the U.S. health care industry, a move that spooked the markets on the morning of the announcement.
What it's like to shop at Amazon Go's futuristic convenience store
Amazon has opened a new store in Seattle, one that may represent the future of what the retail giant is calling 'Just Walk Out' shopping.
Today is the big day. The first Amazon Go store has opened to the public in Seattle, and the future of shopping may change forever. While we all love the convenience of having the products of the world shipped right to our door, this store is Amazon's attempt to branch out and sell us those goods that we would rather pick up off the shelf like sandwiches, drinks, and cupcakes.
