March 19, 2020

With millions of people across the country staying home and practicing social distancing, it’s no surprise that many are doing their shopping online through Amazon. As a result, the e-commerce giant has seen demand for household items and medical supplies increase dramatically over the last couple of weeks. In order to ensure that no essential products go out of stock, this week Amazon announced that its U.S. and European warehouses will now only hold “vital supplies.” This includes baby products, Continue reading

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January 23, 2020

In 1933 Nathan Glickberg opened a fruit and vegetable stand in Manhattan before eventually moving into a nearby storefront. His grandson Howie expanded the store in the 1970s, adding more groceries and specialty items as well as a new name: Fairway. In the years since, the store became a staple for many New Yorkers drawn by Fairway’s low prices and wide selection of quality products. Then in the early 2000s a private equity firm bought a controlling stake in the Continue reading

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January 9, 2020

In recent years, many Silicon Valley tech firms have pledged to make sustainability a top priority. But as Amazon, Google, and Microsoft develop environmentally friendly operations, oil companies are also using their technology to extract more petrochemicals from the earth. The video below takes an in-depth look at the history of oil extraction and how modern tech companies are risking their reputations by getting involved with the fossil fuel industry. 

Questions:

  1. How does machine learning help tech companies become Continue reading
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December 3, 2019

Analysts at Adobe estimate that consumers spent more than $29 billion online last week between Thanksgiving and Cyber Monday. Although brick-and-mortar sales rose slightly as well, e-commerce sales surged to record highs as consumers increasingly turned to online retailers for their holiday shopping needs. In fact, experts predict that companies like Amazon earned as much as $9.4 billion on Cyber Monday alone. 

But while Amazon enjoyed another successful start to the festive season in the U.S., the e-commerce giant Continue reading

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October 22, 2019

The last couple of years have not been kind to brick-and-mortar retailers: since 2017 more than 50 companies have gone bankrupt and 21,000 locations have closed across the country. Instead of heading out to stores, many modern consumers now depend on Amazon for their shopping needs. Along with providing convenience, the e-commerce giant also offers everyday low prices as well as major sales events like Prime Day. In response, many traditional retailers have started offering deep discounts in an effort Continue reading

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August 20, 2019

In 2018 users on the video streaming platform Twitch watched more than 505 billion minutes of live streams, up from 355 billion minutes the previous year. At some point many of those viewers likely tuned into Tyler “Ninja” Blevins, a streamer of the video game Fortnite who once boasted more than 14 million followers on Twitch. Along with earning ad revenue and subscription money from streaming, Ninja also made millions from lucrative endorsement deals with companies like Uber Eats and Continue reading

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August 8, 2019

A couple of weeks ago, we posted a video about the rise of rush shipping and its effect on the environment. Along with impacting the health of the planet, the recent push to deliver products as fast as possible has also altered the balance of power in the shipping industry. Over the past few years, Amazon has developed its own delivery network of trucks and planes in order to decrease its dependency on outside shipping firms. As a result, Continue reading

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July 26, 2019

For major online retailers like Amazon and Walmart, few matters are more important than quickly shipping products out to customers. But while free two-day shipping has largely become the norm in e-commerce, all those packages moving across the country can have a major impact on the environment. This video looks at the ecological effects of rush shipping and how retailers could seek to limit its use in the future. 

Questions:

  1. In what ways does rush shipping harm the environment? Continue reading
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July 19, 2019

According to a press release from Amazon, this year’s Prime Day was the “largest shopping event in Amazon history.” Although the company didn’t release sales figures for the two-day bonanza, it claims to have sold more than 175 million items across 18 countries. Along with selling more Amazon devices than ever before, the e-commerce giant said this year’s Prime Day earned more than the past Black Friday and Cyber Monday combined. 

During the course of all this widespread discounting, Continue reading

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July 11, 2019

As the world’s most innovative retailer, Amazon is constantly on the look for new and improved ways to serve their customers. Adopting state-of-the-art technology often helps the company accomplish this task, but finding and identifying new types of tech is only half the battle. Amazon also needs skilled employees who can handle this ever-evolving business environment. Finding the right candidates isn’t easy, though: Amazon currently has 20,000 job openings in the U.S. 

To fill these vacant positions, the e-commerce Continue reading

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