(Reuters Breakingviews) - Jeff Bezos’s first letter to Amazon.com shareholders i...
The Amazon logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau
Amazon has received less scrutiny from U.S. politicians than other Silicon Valley giants. Presidential hopefuls Elizabeth Warren and Bernie Sanders have both bashed the company for anti-competitive and worker-pay concerns but Bezos has yet to be called before Congress in a public hearing, unlike the heads of Facebook, Apple, Alphabet’s Google and Twitter. He even avoided that spotlight when Amazon agreed to buy retailer Whole Foods in 2017.
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Amazon’s best weapons are sprawl and usefulnessWith revenue of $60 bln in the last three months alone, it’s hard for Jeff Bezos’s firm to stay camouflaged. U.S. presidential hopeful Elizabeth Warren has already made Amazon a target. Expect more cash to be diverted into socially helpful technology and geographic dispersion.
Consulte Mais informação »