The Week in Tech: Amazon’s Burning Problems
For example, Mr. Blumenthal wrote, a competitor to Amazon would possibly attempt to acquire an edge by means of charging traders a smaller fee. If the ones traders additionally promote on Amazon, then again, they may now not move alongside the ones financial savings to their consumers, as a result of the M.F.N. clause. That could be dangerous for customers whilst reinforcing Amazon’s dominance. Amazon declined to remark.
■ It was once that only some cranks criticized Amazon, however this is swiftly transferring. Still, I used to be shocked on the take-no-prisoners tone of David Heinemeier Hansson, the programmer who writes and tweets as DHH, in an open letter to Jeff Bezos, Amazon’s founder, on Medium.
“I think you’re currently making bad decisions that you’re going to regret. Maybe even decisions that we as a whole society will come to regret,” DHH wrote. He added that Mr. Bezos nonetheless had time to form his legacy “into something more than the man who killed retail, extracted the greatest loot from its HQ cities, and who expanded the most monopoly holdings the fastest.”
DHH wrote his piece in November, however Medium surfaced it in its day-to-day digest simply ultimate week. What makes his grievance particularly noteworthy is that Mr. Bezos is a shareholder in DHH’s instrument construction corporate, Basecamp. DHH notes that he and his co-founder have now not talked to Mr. Bezos for no less than seven years however that “if we get another chance, this would be the most pressing topic.”
■ One ultimate new Amazon construction, which may well be the largest of all: unionization. Workers at Amazon’s largest warehouse in Spain started a two-day strike on Thursday. Warehouse staff on Staten Island are calling for unionization, following the lead of co-workers in Minnesota. Here is a superb wrap-up from the Guardian. Amazon has effectively stymied unionization efforts for the reason that corporate started, so this shift is momentous.
■ In non-Amazon information, it seems that that the solution to the everlasting query of whether or not the sector may have too many iPhones is: Quite most likely.
■ Thanks to Apple’s information, the inventory marketplace as I write is once more plunging. But there’s a silver lining for tech firms: They are large, and getting larger, and a recession would possibly most effective lend a hand them in opposition to the contest.