AOL co-founder Steve Case says that Facebook needs to pivot and recognize that they are not in the garage anymore. Case sees some of this as a backlash against big tech, which he predicted a few years ago in his book the Third Wave.
John Malone says Disney Needs What Apple and Amazon Have… Massive Direct Consumer Relationships
Liberty Media Chairman and legendary entrepreneur and investor John Malone says that although Disney has a great brand, what they don’t have is a massive number of direct consumer relationships.
Former Walmart CEO says Amazon is “Predatory” Almost by Definition
Former Walmart CEO Bill Simon says that Walmart has been “predatory” by selling goods below cost subsidized by profits from their cloud and advertising businesses. Simon says that this strategy put major competitors like Circuit City and Toys R Us out of business.
UNCS CEO: It’s an Amazing Time To Be a Consumer… Every Day is Black Friday
The CEO of United National Consumer Suppliers, Brett Rose, says that it’s an amazing time to be a consumer because every day is Black Friday. Rose predicts that this is going to possibly be the biggest Q4 in our history.
Deepak Chopra Delivering Reflections on Alexa via LivePerson
Personal transformation guru and popular author Deepak Chopra has partnered with LivePerson to provide insights on demand through Amazon Alexa. “I have this little microphone attached to this little phone and I just speak out to what I’m thinking and what my intention for the day is,” says Chopra.
Etsy CEO: Machine Learning is Opening Up a Whole New Opportunity
Etsy CEO Josh Silverman says that “machine learning is opening up a whole new opportunity” for the company to organize 50 million items into a discovery platform that makes buying an enjoyable experience and also is profitable for sellers.
FedEx CEO Says Amazon’s Own Delivery System Will Take Business From USPS, Not FedEx
Fred Smith, founder, and CEO of FedEx told Bloomberg this morning that they don’t see any negative impact from Amazon doing more of their deliveries themselves. Smith says that the biggest entity that will lose business as Amazon implements its own delivery force is the US Postal Service.
Western Union CEO on Amazon Partnership: Buy Globally and Pay Locally
Hikmet Ersek, President, CEO, Western Union, recently discussed the new partnership with Amazon, competition with Zelle and Vinmo, and the overall health of the business.
James Patterson Says He is Releasing New Book ‘The Chef’ on Facebook Messenger
James Patterson is releasing his next book “The Chef” on Facebook Messenger. It will be a hybrid combining the written word with video and photography in an attempt to appeal to the millions of millennials that are on Facebook and tend not to read literature.
Trade Expert says Amazon Uses a Loophole to Import Almost Everything Duty-Free
Amazon is using creative tactics that enable it to avoid import taxes on almost everything it sells by making every item sold a single sale that is under $800 according to trade expert and former Trump advisor Curtis Ellis.