There’s so much going on in the world and it can be difficult to understand it all at times — by reading this newsletter, you’re getting a digest of the biggest news this week, what it means and why it matters. If you like what you see, send it to a friend or ask them to sign up here. Better yet, share it on Facebook, Twitter or another social network and we’ll be forever grateful.
The news has been quite slow lately but hopefully you still ind this week’s newsletter interesting and relevant — apologies for sending it a day late, I was traversing the continent yesterday and didn’t have a solid internet connection.
Ever bought CRaP like laundry softener or snack foods on Amazon? You’re the company’s worst nightmare.
Amazon wants customers to purchase less CRaP products — a term meaning “can’t realize a profit”, which the company isn’t able to extract a profit margin from — in an effort to become more profitable, The Wall Street Journal reports.
These items are essentially everything under $15, from bottled water and snack foods to laundry softener, Kleenex and toilet paper. The company is targeting these items because they’re bulky to ship, making them less suitable for shipping than other products, like furniture and electronics.
By eliminating select items and working with companies to repackage products, they can be shipped individually while still making a profit. By moving some items from Amazon fulfilment centres back to manufacturer’s distribution centres, the company is hoping to save some money by putting the burden of shipping the less expensive items back onto the maker.
With its massive market share, Amazon can not only influence its vendors but go after them directly — through its more than 100 private labels, selling everything from mattresses to body wash and iPhone chargers. The company is testing a box below results for certain products that says “Similar from our brands” — clearly a stab at taking away market share from the vendors that rely heavily on Amazon for their traffic.
Clearly Amazon isn’t afraid to throw its weight around in an attempt at influencing — or if necessary, bullying — vendors into doing what it wants.
Our newest obsession is the #InfluenceofChina — as the world’s second-biggest economy, it holds a lot of power. Throughout the world the effects and power that China holds can be seen, from domestic citizen surveillance, debt traps and playing dirty to get what it wants, the country has a far reach.
In Case You Missed It
📲 There’s a chance that if you purchase the new iPad Pro, it’ll ship with a slight bend in the aluminum case — but this is apparently a side effect of the manufacturing and not a defect.
🔌 Apple admitted to slowing down iPhones a year ago and on December 31, the company’s offer to replace iPhone 6 and newer batteries for $29 will expire.
🎬 MoviePass has signed a three movie deal with Bruce Willis — which is surprising, considering the dumpster fire that the company currently is.
💨 Juul’s 1,500 employees can no longer vape in their workplace due to Californian laws enacted in 2016 that make it illegal to use e-cigarettes in workplaces.
🖥 The New York Times laid out a series of scandalous revelations about how Facebook gave tech firms special access to users’ data, including friends lists, private messages and more.
Our best wishes for a productive and peaceful evening. Feel free to direct any bendgate stories, Facebook scandals and new Juul flavours to our email.
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