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Time now for our daily Tech and Business Report. KCBS Radio news anchor Eric Thomas was joined by Bloomberg's Spencer Soper. Amazon's CEO says, so far, the tariffs don't appear to have had much effect on the company.
Time now for our daily Tech and Business Report. KCBS Radio news anchor Holly Quan was joined by Bloomberg's Spencer Soper. President Trump's decision to end a tariff exemption on small packages has taken a big hit on Chinese commerce sites Temu and Shein. That, however, provides somewhat of a boost for retailers and discount stores.
Time now for our daily Tech and Business Report. KCBS Radio news anchor Holly Quan was joined by Bloomberg's Spencer Soper. Amazon has cancelled some of its inventory orders from China to protect itself from President Trump's tariffs. This according to a document obtained by Bloomberg.
Since its US launch in 2022, Chinese marketplace Temu has rapidly risen to become America’s biggest e-commerce platform after Amazon, thanks to ultra-low prices on almost every product imaginable. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Spencer Soper and Rachel Chang about Donald Trump’s order to close a tariff loophole and what it means for American shoppers and the giants supplying them with goods direct from China. Further listening: The Tariff Wars Are Here — And They’re MessySee omnystudio.com/listener for privacy information.
Since its US launch in 2022, Chinese marketplace Temu has rapidly risen to become America’s biggest e-commerce platform after Amazon, thanks to ultra-low prices on almost every product imaginable. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Spencer Soper and Rachel Chang about Donald Trump’s order to close a tariff loophole and what it means for American shoppers and the giants supplying them with goods direct from China. Further listening: The Tariff Wars Are Here — And They’re MessySee omnystudio.com/listener for privacy information.
This is KCBS Radio's daily Tech and Business Report. Today, KCBS Radio news anchor Holly Quan spoke with Bloomberg's Spencer Soper. Amazon's latest round of belt-tightening could end up taking a toll on middle managers at the company. You can hear our Tech and Business Report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.
This is KCBS Radio's daily Tech and Business Report. Today, KCBS Radio news anchor Nikki Medoro spoke with Bloomberg's Spencer Soper. Target is teaming up with Shopify to boost its online marketplace. You can hear our tech and business report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.
Amazon is issuing refunds to some companies who bought ads after learning that those ads were being shown to some people who couldn't buy the products.For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg News reporter Spencer Soper in today's Tech and Business Report.
Amazon's second Prime Day sales event of the year is underway, this one being called Amazon's Big Deal Days. KCBS Radio's Nikki Medoro spoke with Bloomberg News reporter Spencer Soper on the importance of this day for Amazon and consumers in today's Tech and Business Report.
Amazon is looking to expand its footprint in the fresh food business by offering free grocery deliveries on all orders that exceed $100. That's a drop from the $150 you used to have to spend to qualify for free grocery deliveries with Amazon. KCBS Radio news anchor Liz Saint John spoke with Bloomberg e-commerce reporter Spencer Soper about the likelihood that this new strategy will work for Amazon in today's Tech and Business Report.
The FTC is taking Amazon to court, accusing the e-commerce giant of violating antitrust laws. For more on why this is happening now, KCBS Radio news anchor Holly Quan spoke with Bloomberg News reporter Spencer Soper in today's Tech and Business Report.
Amazon is working on a new version of its cashier-less shopping technology. The company had previously opened convenience and grocery stores that let shoppers grab items and walk out without having to go through a checkout line. Now, the company wants to do the same for clothing stores. KCBS Radio's Holly Quan spoke with Bloomberg News reporter Spencer Soper for more.
Amazon is looking to step up its delivery game, now that Shopify has ended its program. For more, KCBS Radio's Holly Quan spoke with Bloomberg News reporter Spencer Soper.
Today, we're joined by Bloomberg News reporter Spencer Soper. Amazon is coming under fire for a new fee it's imposing on some third-party sellers. What's the new fee and what's behind it?
Time now for our daily Tech and Business Report. Today, KCBS Radio's Nikki Medoro spoke with Bloomberg News reporter Spencer Soper. Amazon says it plans to double the number of facilities it uses for same-day deliveries. This comes days before the company is set to release its latest earnings report.
Bloomberg's Madison Mills speaks with Supreme Court reporter Greg Stohr about how a conservative supermajority on the court is remaking US laws on the environment, health and firearms. Plus, Spencer Soper explains why the FTC is going after Amazon. See omnystudio.com/listener for privacy information.
Bloomberg's Madison Mills speaks with Supreme Court reporter Greg Stohr about how a conservative supermajority on the court is remaking US laws on the environment, health and firearms. Plus, Spencer Soper explains why the FTC is going after Amazon. See omnystudio.com/listener for privacy information.
Our guest today joined us last year for our “When Sellers Attack” episode. This time we revisit a story we briefly mentioned on that episode that everyone in the Amazon space is talking about this week.In September 2020, Spencer Soper of Bloomberg reported that several employees in India were indicted along with 6 Amazon consultants by the DOJ for a bribery scheme worth $100mm dollars to those involved.One of those accused was Ed Rosenberg, Founder of ASGTG, a membership group for sellers looking to get ahead on Amazon and share expertise. Ed's company consultants paid for Account and Listing Reinstatements, among other things.This week, after swearing the allegations were false, Ed went onto Social Media to admit that he had been lying all along and that we were, in fact, guilty of bribery.Ed has now changed his not-guilty plea to guilty.My friend and guest today, Chris McCabe, former Amazon employee and founder of eCommerce Chris, and firm that provides the valuable service of Account and ASIN Reinstatements.However, Chris, like our director, Malia Kim, here at Avenue7Media, doesn't break the law and doesn't send suitcases full of cash to Amazon employees!He has followed this case closely and shares what it's all about. Tune in!Key Takeaways- The background to the bribery story (01:54)- The federal indictments and guilty pleas (03:51)- Bribery, Lies, and Scandal (05:19)- The road to hell is paved with good intentions (11:14)- Ignorance of the law is no defense (16:22)- Two wrongs don't make a right (26:08)- How the bribery scheme affected other sellers and brands (28:06)- It's not worth it to soil your relationship with Amazon (30:25)- Has Amazon done enough to weed out the bad practices (33:53)Additional Resources:Links to the news story:- https://www.bloomberg.com/news/articles/2020-09-18/amazon-ex-employee-charged-by-u-s-in-merchant-bribery-scheme?leadSource=uverify%20wall- https://www.cnbc.com/2023/03/27/amazon-seller-consultant-admits-to-bribing-employees-to-help-clients.html#:~:text=Ephraim%20%E2%80%9CEd%E2%80%9D%20Rosenberg%20wrote%20in,on%20Amazon's%20third%2Dparty%20marketplace-------- Chris McCabe LinkedIn- Click here to contact Chris McCabe----- Schedule a FREE consultation with the Ave7 team- Grab the FREE Amazon Seller Central Checklist- Get the book “The Amazon Jungle” book by Jason Boyce- Learn more about Avenue 7 Media----Day 2 Podcast has a goal of helping Amazon sellers learn how to launch, grow and protect their brand on the world's largest online marketplace (and beyond).Follow us on your favorite podcast platform so you never miss an episode!
Today, we're joined by Bloomberg News reporter Spencer Soper. An Amazon consultant has pleaded guilty in a bribery scheme that gave some online sellers a competitive advantage. Let's start by talking about the scheme. What happened?
Walmart appears to be closing in on Amazon when it comes to its subscription service, especially when it comes to one particular demographic. For more on this, KCBS Radio's Holly Quan spoke with Bloomberg News reporter Spencer Soper.
Bloomberg's Spencer Soper explains how the RX Pass service works.PHOTO: In this photo illustration an Amazon logo seen displayed on a smartphone. (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)
Spencer Soper, Bloomberg Tech Reporter, discusses Amazon's job cuts. He spoke with hosts Bryan Curtis and Paul Allen on Bloomberg Radio.See omnystudio.com/listener for privacy information.
Amazon says it wants to make it easier for third party sellers who've been suspended from the site to get reinstated. For more, KCBS Radio's Holly Quan spoke with Bloomberg News reporter Spencer Soper.
Amazon is teaming up with Hawaiian Airlines to help ship its goods. Fore more, KCBS Radio's Holly Quan spoke with Bloomberg News reporter Spencer Soper.
Amazon merchants are fearing a slow holiday season due to the current economy. For more, KCBS Radio news anchor spoke with Bloomberg News reporter Spencer Soper.
Amazon is shutting down its Amazon Care Service following its planned acquisition of One Medical. For more, KCBS Radio news anchor Holly Quan spoke with Bloomberg News reporter Spencer Soper.
Sea 2 Ep 33 Kathleen Booth - “3 Things Top Performing Ecommerce Brands Do!” 8/18/2022 Ecommerce is complicated, so what should you focus on? ROAS, Attribution, email, targeting, creative, spend? Kathleen Booth can help! She crushes the myth of ROAS and last click attribution along with the 3 things she has seen to get top performance. Kathleen is the host of the long running INBOUND SUCCESS podcast along with being one of the leading marketing leaders in ecommerce. Bonus News section, we are joined by Spencer Soper with Bloomberg News to talk about his article on Amazon drop ship policy not being enforced and the story of how it impacted Spangler Candy Company and their Dum Dums lollipop brand. We play “What's That Keyword?” Join Scott Ohsman, Summer Jubelirer and Hayley Brucker for years of knowledge and some juicy nuggets. Ecommerce Simplified! Warning, you will learn and be entertained at the same time. Brought to you by: Athletic Greens. Activate your great deal by going to: https://athleticgreens.com/partner/d35ctoffer-nutrition/en?utm_source=podcast&utm_medium=influencer&utm_campaign=emerging_d35ct__a3878__o27&utm_term=cac__a3878__o27&utm_content=sport__a3878__o27 QUICKFIRE Info: Website: https://www.quickfirenow.com/ Email the Show: info@quickfirenow.com Talk to us on Social: Facebook: https://www.facebook.com/quickfireproductions Instagram: https://www.instagram.com/quickfire__/ TikTok: https://www.tiktok.com/@quickfiremarketing LinkedIn : https://www.linkedin.com/company/quickfire-productions-llc/about/ Guest: Kathleen Booth LinkedIn:https://www.linkedin.com/in/kathleenslatterybooth/ Website: https://www.kathleen-booth.com/ Guest: Spencer Soper LinkedIn: https://www.linkedin.com/in/spencer-soper-8558716/ Twitter: @spencersoper Website: https://www.bloomberg.com/ HOSTS: Summer Jubelirer has been in digital commerce and marketing for over 15 years. After spending many years working for digital and ecommerce agencies working with multi-million dollar brands and running teams of Account Managers, she is now the Amazon Manager at OLLY PBC. LinkedIn https://www.linkedin.com/in/summerjubelirer/ Scott Ohsman has been working with brands for over 25 years in retail, online and has launched over 200 brands on Amazon. Owning his own sales and marketing agency in the Pacific NW, is now VP of Digital Commerce for Quickfire LLC. Scott has been a featured speaker at national trade shows and has developed distribution strategies for many top brands. LinkedIn https://www.linkedin.com/in/scott-ohsman-861196a6/ Hayley Brucker has been working in retail and with Amazon for years. She is currently a Marketing Coordinator at Channel Key LLC. Hayley has extensive experience in digital advertising, both seller and vendor central on Amazon. Hayley is based out of North Carolina and has worked in multiple product categories and has also worked on the brand side and started with Nordstrom on the retail floor. LinkedIn -https://www.linkedin.com/in/hayley-brucker-1945bb229/ Huge thanks to Cytrus our show theme music “Office Party” available wherever you get your music. Check them out here: Facebook https://www.facebook.com/cytrusmusic Instagram https://www.instagram.com/cytrusmusic/ Twitter https://twitter.com/cytrusmusic SPOTIFY: https://open.spotify.com/artist/6VrNLN6Thj1iUMsiL4Yt5q?si=MeRsjqYfQiafl0f021kHwg APPLE MUSIC https://music.apple.com/us/artist/cytrus/1462321449 “Always Off Brand” is part of the Quickfire Podcast Network and produced by Quickfire LLC.
President Biden made the announcement Monday that Al Qaeda leader Ayman al-Zawahiri has been killed by a drone strike in Afghanistan. The CIA zeroed in on his location by carefully studying the movements of him and his family until Biden authorized a “precise tailored airstrike” with two Hellfire R9X missiles hitting Zawahiri in the balcony of his safe house in Kabul. Idrees Ali, foreign policy correspondent at Reuters, joins us how the strike happened and the impact it has made on the terrorist network. Next, a popular side hustle selling Dum Dum lollipops on Amazon is costing the candy company who makes them millions and it's also violating Amazon's policy. People are engaging in drop-shipping and pocketing the profits by looking for products with lower prices than on Amazon, then posting those items on the website, waiting for someone to place an order, and finally purchasing the product from the other retailer and shipping it directly to the customer. A lot of these methods are also driven by tutorials on YouTube and TikTok. Spencer Soper, reporter at Bloomberg News, joins us for how it all works.See omnystudio.com/listener for privacy information.
Amazon is reporting earnings that prove while big box stores, like Walmart and Target, may be faltering as the economy worsens and their warehouses pile up with unwanted goods, the online retail giant appears to be doing just fine. For more, KCBS Radio news anchor Holly Quan spoke with Bloomberg reporter Spencer Soper.
Time now for our daily Tech and Business Report. Amazon is buying primary-care provider One Health in a deal worth almost 3 and a half billion dollars. For more, KCBS Radio news anchor Holly Quan is joined by Bloomberg News reporter Spencer Soper.
Amazon has a new way for third-party sellers to use its services. Spencer...what's Amazon doing? For more, KCBS Radio news anchor Megan Goldsby spoke with Bloomberg News reporter Spencer Soper
Back in 2013 Amazon CEO Jeff Bezos made an ambitious pledge, that the company would be able to deliver goods to customers in half an hour; using drones. Nine years later, the company's plans have yet to take off. For more, KCBS Radio news anchor Megan Goldsby spoke with Bloomberg News reporter Spencer Soper.
Amazon is shaking, not stirring, up the entertainment industry, after closing on an $8.5 billion deal with MGM studios, home to the iconic James Bond franchise. This after some predicted a potential challenge from the Federal Trade Commission back in July. For more, KCBS Radio news anchor Liz Saint John spoke with Bloomberg reporter Spencer Soper.
Amazon is expanding its virtual health service to 20 new cities, including San Francisco, later this year. Why did Amazon want to get into virtual health? What other health services does Amazon offer? For more, KCBS Radio News Anchor Rebecca Corral spoke with Spencer Soper, Bloomberg News reporter
Starting later this month, many Amazon prime members will be charged significantly more for their subscription, with an annual membership jumping up to $139, or $180-dollars for those who pay monthly. And despite the price hike, experts don't think many users will turn away. To discuss further, KCBS Radio news anchor Liz Saint John spoke with Bloomberg reporter Spencer Soper.
E-commerce giant Amazon is planning to open its first ever brick-and-mortar clothing store in Los Angeles some time this year. For more, KCBS Radio news anchor Rebecca Corral spoke with Bloomberg News reporter Spencer Soper.
Tornados that ripped through five states over the weekend killed more than a hundred people and destroyed huge swaths of communities. An Amazon facility in southern Illinois was one of the structures hit, and at least six people there were killed. The disaster has some workers saying personal smartphones are necessary on the job. Marketplace’s Kimberly Adams speaks with Spencer Soper who has been reporting on this for Bloomberg.
Tornados that ripped through five states over the weekend killed more than a hundred people and destroyed huge swaths of communities. An Amazon facility in southern Illinois was one of the structures hit, and at least six people there were killed. The disaster has some workers saying personal smartphones are necessary on the job. Marketplace’s Kimberly Adams speaks with Spencer Soper who has been reporting on this for Bloomberg.
Tornados that ripped through five states over the weekend killed more than a hundred people and destroyed huge swaths of communities. An Amazon facility in southern Illinois was one of the structures hit, and at least six people there were killed. The disaster has some workers saying personal smartphones are necessary on the job. Marketplace’s Kimberly Adams speaks with Spencer Soper who has been reporting on this for Bloomberg.
Amazon has been working hard on a workaround to the issues which have snarled the supply chain. For more, KCBS Radio news anchor Liz Saint John spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon is introducing its first line of smart TVs. For more KCBS Radio news anchor Liz Saint John was joined by Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon has found a new way to help fill the shortage of delivery drivers; stop testing for drivers for marijuana use. Today, KCBS Radio News Anchor Eric Thomas spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon is facing a dilemma as it decides how best to protect its workers. While several major companies, including Google and Microsoft, are requiring workers to get vaccinated. Amazon so far has held off. For more, KCBS Radio news anchor Liz Saint John spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon branching out into the prescription drug market and is opening up its own pharmacy. For more on how the company is planning this, Bloomberg News Reporter Spencer Soper joined KCBS Radio news anchor Rebecca Corral. See omnystudio.com/listener for privacy information.
Amazon is set to start testing out a new service that will let customers have furniture assembled when it's delivered. For more on how this will all work, Bloomberg News reporter Spencer Soper shares with KCBS Radio news anchor Liz Saint John. See omnystudio.com/listener for privacy information.
Today Amazon workers are wrapping up a vote on union representation and it's a vote count that organizers expect will be contentious and take a few days. For more, KCBS Radio news anchor Rebecca Corral spoke with KCBS Contributor and Bloomberg News Amazon Reporter Spencer soper. See omnystudio.com/listener for privacy information.
Andy Jassy will have big shoes to fill when he takes over for Amazon CEO Jeff Bezos later this year. For more, KCBS Radio news anchor Rebecca Corral spoke with Bloomberg News Reporter Spencer Soper. See omnystudio.com/listener for privacy information.
E-commerce analysts are predicting a record breaking day as shoppers in the U.S. head online in search of Cyber Monday deals today. Black Friday last week set a record, with consumers spending an estimated 9 billion dollars. For more, KCBS Radio news anchor Jeff Bell spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
A perk Amazon is giving away to lure new workers isn't sitting well with some existing employees. For more, KCBS Radio news anchor Rebecca Corral spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
European Union regulators have filed antitrust charges against Amazon, saying the e-commerce giant has been misusing data it's collected from independent merchants who use the site. For more, KCBS Radio news anchor Rebecca Corral spoke with Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
A House panel is criticizing Amazon for the way it treats third-party merchants who sell their goods on the site. This after reports of the company suspending some sellers, who are left with little recourse. For more, KCBS Radio news anchor Rebecca Corral was joined by Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon says nearly 20,000 employees have tested positive for the coronavirus over the past 6 months. For more, KCBS Radio news anchor Margie Shafer was joined by Bloomberg News reporter Spencer Soper. See omnystudio.com/listener for privacy information.
Amazon plans to open 1,000 delivery hubs in cities and suburbs across the US. For more, KCBS Radio news anchor Margie Shafer was joined by Bloomberg News reporter Spencer Soper. See omnystudio.com/policies/listener for privacy information.
Some Amazon drivers are taking the unusual step of hanging smartphones on trees. Bloomberg News reporter Spencer Soper tells KCBS Radio's Margie Shafer what's behind this. See omnystudio.com/policies/listener for privacy information.
It appears that Walmart's loyal shoppers have turned to Amazon since the start of the pandemic. Bloomberg News reporter Spencer Soper joined KCBS Radio to explain. See omnystudio.com/policies/listener for privacy information.
The Interface - There’s a lot of discussion going on right now about what will be forever changed by the pandemic. Over at Amazon, though, the company is promisi https://www.getrevue.co/profile/caseynewton/archive/248406 Spencer Soper in Bloombergaccording to a separate report in Bloomberg last week.broke the news at Recodeand at least one has diedLos Angeles county said stay-at-home orders would likely continue through Augustat Bloombergcourts required it to close warehouses last monthChaim Gartenberg at The Vergerequested that Congress pass a lawhounded the online retailerFair Pricing PolicyCEO Jeff Bezos noted in a letter to investorsthey’re simultaneously finding new opportunities to entrench their power
The Interface - In November 2018 I received a message that changed my life. A person working as a moderator for Facebook in Phoenix through a company called Cogn https://www.getrevue.co/profile/caseynewton/archive/248096 Spencer Soper in Bloombergaccording to a separate report in Bloomberg last week.broke the news at Recodeand at least one has diedLos Angeles county said stay-at-home orders would likely continue through Augustat Bloombergcourts required it to close warehouses last monthChaim Gartenberg at The Vergerequested that Congress pass a lawhounded the online retailerFair Pricing PolicyCEO Jeff Bezos noted in a letter to investorsthey’re simultaneously finding new opportunities to entrench their power
Amazon CEO Jeff Bezos made a surprise visit to a company warehouse near Dallas yesterday. This comes as some workers have gone on strike over safety concerns. Bloomberg News reporter Spencer Soper explains what was behind the visit.
Bloomberg News reporter Spencer Soper speaks on why Bezos might be taking on climate change and how will Amazon alter itself in the wake of their CEO's pledge.
With Christmas quickly approaching, Amazon is banning third-party sellers from using Fed Ex's ground service. Bloomberg News Reporter and KCBS contributor Spencer Soper says Amazon feels the delivery service is too slow.
Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, explains why President Trump says that the U.S is not ready to make a trade deal with China. Huawei CEO Ren Zhengfei speaks exclusively to Bloomberg about the possible impact of a U.S. ban on the company. Nabila Ahmed, Bloomberg News M&A Reporter and Jenny Surane, Bloomberg News Finance Reporter, discuss Global Payments buying Total System for $21.5 billion, the industry’s third mega-merger of the year. Spencer Soper, Bloomberg News Tech Reporter, talks about Amazon purging small suppliers to cut costs and focus wholesale purchasing on major brands like Procter & Gamble, Sony and Lego. And we Drive to the Close with Alan Zafran, Senior Managing Director at First Republic Private Wealth Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, explains why President Trump says that the U.S is not ready to make a trade deal with China. Huawei CEO Ren Zhengfei speaks exclusively to Bloomberg about the possible impact of a U.S. ban on the company. Nabila Ahmed, Bloomberg News M&A Reporter and Jenny Surane, Bloomberg News Finance Reporter, discuss Global Payments buying Total System for $21.5 billion, the industry's third mega-merger of the year. Spencer Soper, Bloomberg News Tech Reporter, talks about Amazon purging small suppliers to cut costs and focus wholesale purchasing on major brands like Procter & Gamble, Sony and Lego. And we Drive to the Close with Alan Zafran, Senior Managing Director at First Republic Private Wealth Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Bloomberg News Finance Team Leader Michael Moore discusses Deutsche Bank facing attempts to block a deal with Commerzbank and Citigroup‘s Jamie Forese, long considered the potential successor to CEO Michael Corbat, departing after 34 years at the firm.Spencer Soper, Bloomberg News Tech Reporter, explains how thousands of Amazon employees are listening to voice recordings captured on Alexa Echo owners’ homes and offices. Henry Cisneros, Former HUD Secretary and Chairman at American Triple I Partners, talks about raising private capital for infrastructure needs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Editor for Hyperdrive and Digital Enterprise Aaron Rutkoff share how the German auto industry is at a crossroads as it struggles to adapt to the electric vehicle era. And we Drive to the Close with Doug Phillips, CIO at University of Rochester, and Bloomberg News Endowments Reporter Janet Lorin. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Bloomberg News Finance Team Leader Michael Moore discusses Deutsche Bank facing attempts to block a deal with Commerzbank and Citigroup‘s Jamie Forese, long considered the potential successor to CEO Michael Corbat, departing after 34 years at the firm.Spencer Soper, Bloomberg News Tech Reporter, explains how thousands of Amazon employees are listening to voice recordings captured on Alexa Echo owners' homes and offices. Henry Cisneros, Former HUD Secretary and Chairman at American Triple I Partners, talks about raising private capital for infrastructure needs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Editor for Hyperdrive and Digital Enterprise Aaron Rutkoff share how the German auto industry is at a crossroads as it struggles to adapt to the electric vehicle era. And we Drive to the Close with Doug Phillips, CIO at University of Rochester, and Bloomberg News Endowments Reporter Janet Lorin. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
The fight between Jeff Bezos and the National Enquirer just got even uglier. Earlier this year, the tabloid got hold of text messages of the Amazon CEO that confirmed an extramarital affair which allegedly led to the end of his 25-year marriage. Now, in an unexpected turn, a private investigator claims that Saudi Arabia had access to Bezos's phone before the photos and texts were ever leaked. Andrew Mach speaks to Bloomberg News reporter Spencer Soper about how this new development raises the stakes of this global scandal. FOLLOW UP Bloomberg's latest report: Bezos Investigator Says Saudis Hacked Into Amazon CEO’s Phone You can follow Spencer at: @spencersoper ---- TicToc is a daily news podcast hosted by Andrew Mach (@andrewjmach), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!
Spencer Soper, Bloomberg News Tech & Ecommerce Reporter, discusses Amazon looking to buy the Landmark Theatre chain. Kevin Kelly, Bloomberg Intelligence Strategy Analyst, shares takeaways from second quarter earnings season. Andres Saenz, Co-Head of Private Equity at EY-Parthenon, has a look at the private equity landscape. Sarah Halzack, Bloomberg Opinion Consumer Columnist, explains how Walmart is challenging Amazon for online customers. And we Drive to the Close of the market with Greg Luken, CEO at Luken Investment Analytics. Hosts: Jason Kelly and Taylor Riggs. Producer: Paul Brennan
Spencer Soper, Bloomberg News Tech & Ecommerce Reporter, discusses Amazon looking to buy the Landmark Theatre chain. Kevin Kelly, Bloomberg Intelligence Strategy Analyst, shares takeaways from second quarter earnings season. Andres Saenz, Co-Head of Private Equity at EY-Parthenon, has a look at the private equity landscape. Sarah Halzack, Bloomberg Opinion Consumer Columnist, explains how Walmart is challenging Amazon for online customers. And we Drive to the Close of the market with Greg Luken, CEO at Luken Investment Analytics. Hosts: Jason Kelly and Taylor Riggs. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Pimm Fox and Bob Ivry sit in for Carol and they speak to Sridhar Natarajan, Bloomberg News Finance Reporter, and Alison Williams, Bloomberg Intelligence Senior Financial Research Analyst, about Goldman Sachs planning to name President David Solomon as its next CEO. Jonathan Crane, Chairman at KeyBanc Capital Markets Equity-Underwriting Committee, discusses how 2018 has been a busy year for initial public offerings. Spencer Soper, Bloomberg News Tech & Ecommerce Reporter, andMarissa Tarleton, Retail Analyst at RetailMeNot, talk about what to expect from Amazon Prime Day. Dina Bass, Bloomberg News Tech Reporter, explains how Amy Hood helped reboot Microsoft. And we Drive to the Close with Hank Smith, Co-Chief Investment Officer at Haverford Trust. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Pimm Fox and Bob Ivry sit in for Carol and they speak to Sridhar Natarajan, Bloomberg News Finance Reporter, and Alison Williams, Bloomberg Intelligence Senior Financial Research Analyst, about Goldman Sachs planning to name President David Solomon as its next CEO. Jonathan Crane, Chairman at KeyBanc Capital Markets Equity-Underwriting Committee, discusses how 2018 has been a busy year for initial public offerings. Spencer Soper, Bloomberg News Tech & Ecommerce Reporter, andMarissa Tarleton, Retail Analyst at RetailMeNot, talk about what to expect from Amazon Prime Day. Dina Bass, Bloomberg News Tech Reporter, explains how Amy Hood helped reboot Microsoft. And we Drive to the Close with Hank Smith, Co-Chief Investment Officer at Haverford Trust.
Masters in Business Host Barry Ritholtz joins Carol and they speak to Spencer Soper, Bloomberg News Tech Reporter, and Jitendra Waral, Bloomberg Intelligence Global Internet Analyst, on Amazon exceeding 100 million Prime subscribers. Max Nisen, Bloomberg Gadfly Health Care Columnist, discusses Allergan announcing that it does not intend to make an offer for Shire.Michael Ludden, Director of Product at IBM Watson Developer Labs, talks about Artificial Intelligence, Augmented & Virtual Reality in “The Future of Immersive Storytelling.” Ramon Llamas, Research Director at IDC, and Abhey Lamba, Analyst at Mizuho Securities, explain how a possible slowing of demand for smartphones may impact on Apple. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Masters in Business Host Barry Ritholtz joins Carol and they speak to Spencer Soper, Bloomberg News Tech Reporter, and Jitendra Waral, Bloomberg Intelligence Global Internet Analyst, on Amazon exceeding 100 million Prime subscribers. Max Nisen, Bloomberg Gadfly Health Care Columnist, discusses Allergan announcing that it does not intend to make an offer for Shire.Michael Ludden, Director of Product at IBM Watson Developer Labs, talks about Artificial Intelligence, Augmented & Virtual Reality in “The Future of Immersive Storytelling.” Ramon Llamas, Research Director at IDC, and Abhey Lamba, Analyst at Mizuho Securities, explain how a possible slowing of demand for smartphones may impact on Apple.
Pimm Fox is in for Carol and he talks with Bloomberg Stocks Editor Dave Wilsonand Bloomberg Markets Editor Joe Weisenthal on the deepening rout in once high-flying technology stocks. Liam Denning, Bloomberg Gadfly Columnist, discusses why Tesla Model 3 deliveries could fall short. Andrea Harris, Health Care Analyst at Height Capital Markets, and Brooke Sutherland, Bloomberg Gadfly Columnist, breakdown potential health care deals from Wal-Mart/Humana and GE/Veritas. Spencer Soper, Bloomberg News Tech Reporter, talks about Amazon feeling an impact from President Trump's attacks. Mark Gurman of Bloomberg Technology discusses Apple's plan to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel. And we Drive to the Close with Eric Freedman Chief Investment Officer at U.S. Bank. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Pimm Fox is in for Carol and he talks with Bloomberg Stocks Editor Dave Wilsonand Bloomberg Markets Editor Joe Weisenthal on the deepening rout in once high-flying technology stocks. Liam Denning, Bloomberg Gadfly Columnist, discusses why Tesla Model 3 deliveries could fall short. Andrea Harris, Health Care Analyst at Height Capital Markets, and Brooke Sutherland, Bloomberg Gadfly Columnist, breakdown potential health care deals from Wal-Mart/Humana and GE/Veritas. Spencer Soper, Bloomberg News Tech Reporter, talks about Amazon feeling an impact from President Trump’s attacks. Mark Gurman of Bloomberg Technology discusses Apple’s plan to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel. And we Drive to the Close with Eric Freedman Chief Investment Officer at U.S. Bank.
Jerry Paul, Portfolio Manager at Icon Advisers, discusses his value oriented bond management approach. John Love, CEO at US Commodity Funds, describes how to use exchange traded funds to invest in commodities. Bloomberg IPO reporter Alex Barinka breaks news on Spotify listing shares on the NYSE under the symbol “SPOT.”Spencer Soper, Bloomberg News Tech Reporter, explains why gun-control activists are demanding that Amazon pull NRA TV from their streaming service. We Drive to the Close with JJ Kinahan, Chief Market Strategist at TD Ameritrade. Cory and Pimm Fox recap today's “Movers and Shakers” and Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Jerry Paul, Portfolio Manager at Icon Advisers, discusses his value oriented bond management approach. John Love, CEO at US Commodity Funds, describes how to use exchange traded funds to invest in commodities. Bloomberg IPO reporter Alex Barinka breaks news on Spotify listing shares on the NYSE under the symbol “SPOT.”Spencer Soper, Bloomberg News Tech Reporter, explains why gun-control activists are demanding that Amazon pull NRA TV from their streaming service. We Drive to the Close with JJ Kinahan, Chief Market Strategist at TD Ameritrade. Cory and Pimm Fox recap today’s “Movers and Shakers” and Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.”
Bio Dr. Desmond Upton Patton (@SAFELab) is an assistant professor at the Columbia School of Social Work and a Faculty Affiliate of the Social Intervention Group (SIG) and the Data Science Institute. His research utilizes qualitative and computational data collection methods to examine how and why youth and gang violence, trauma, grief and identity are expressed on social media and the real world impact they have on well-being for low-income youth of color. His current research projects examine: How gang involved youth conceptualize threats on social media The extent to which social media shapes and facilitates youth and gang violence Developing an online tool for detecting aggression in social media posts in partnership with the Data Science Institute at Columbia. Dr. Patton's research on Internet Banging has been discussed on several media outlets, including the Chicago Tribune, USA Today, NPR, Boston Magazine, ABC News, and Vice; it was most recently cited in an Amici Curae Brief submitted to the United States Supreme Court in the Elonis v. United States case which examined the issues of interpreting threats on social media. Before coming to Columbia in July of 2015, Dr. Patton was an assistant professor at the University of Michigan School of Social Work and School of Information. He received a BA in Anthropology and Political Science, with honors, from the University of North Carolina- Greensboro, an MSW from the University of Michigan School of Social Work, and a PhD in Social Service Administration from the University of Chicago. Resources SAFELab at Columbia University's School of Social Work The Last Black Unicorn by Tiffany Haddish News Roundup Mueller indicts 13 Russians in '16 election hacking You have undoubtedly heard by now about FBI special counsel Robert S. Mueller III's indictment of 13 Russians who allegedly maintained a vast network of content creators in order to sway the 2016 election in favor of Donald Trump. The defendants used social media by amplifying primarily mainstream news content, according to a new Columbia University study. The network stole Americans' identities, and created fake social media profiles to spread divisive content that favored Donald Trump. But the hacking began in 2014, prior to president Trump's announcement that he would be running for president. The defendants even promoted content that favored Bernie Sanders' primary campaign against Hillary Clinton. So the Trump administration is using this to try to illustrate that the Russians' primary effort was to subvert our entire political system, rather than support Donald Trump's election, specifically. Trump's opponents argue that Russian conspirators saw the seating of Donald Trump as President as a no-brainer, given his susceptibility to blackmail because of his alleged hiring of prostitutes in 2013 in Moscow and his real estate deals with Russians. Sharon Lafraniere and Matt Apuzzo report for the New York Times. Craig Timberg reports for the Washington Post. But you can find coverage everywhere. Meanwhile, Trump's Director of National Intelligence warns that there is “no doubt” that Russians are planning to hack this year's midterm elections. The consensus is that we're not prepared for that. In fact, the website Hamilton 68, reported that Russian bots flooded Twitter with pro-gun messaging following Wednesday's school shooting in Parkland Florida that left 17 dead. FCC is investigating its own Chairman Pai Cecilia Kang at the New York Times reported last week that the FCC's Inspector General is investigating FCC Chairman Ajit Pai for illegally paving the way for Sinclair Broadcasting. Pai led the agency in several efforts that, appearing to some, seemed timed to Sinclair's proposed $3.9 billion acquisition of Tribune Media, including the relaxation of the media ownership cap and newspaper broadcast cross-ownership rules. Amazon boosts lobbying spending Spencer Soper, Naomi Nix, Ben Brody and Bill Allison report for Bloomberg that Amazon has significantly increased its lobbying spending in Washington. A number of policy issues have taken center-stage for the company, as Amazon seeks to expand into different areas, including healthcare. The company's lobbying spending has grown by over 400% since 2012, according to Bloomberg. You can find the full report there. Federal Court: Grubhub drivers are contractors not employees In a major victory for on-demand takeout company Grubhub, the U.S. Dictrict Court for the Northern District of California ruled that Grubhub drivers are contractors not employees. The plaintiff sued Grubhub for paying subpar wages based on his classification as a contractor. The court ruled that Grubhub does not exercise a requisite amount of color over drivers' work to justify classifying them as employees. Dara Kerr reports in CNET. Google tests 911-caller locator system Google tested a new system that would improve the ability of 911 operators to locate emergency callers. Currently, 911 calls made via cell phone are difficult to pinpoint. Ryan Knutson has the story in the Wall Street Journal.
Amazon, JPMorgan Chase and Berkshire Hathaway recently announced they're joining forces to tackle America's expensive health care system. Health care is probably the most reliably growing piece of U.S. GDP -- and until recently, a strong driver of inflation -- but that could change as Amazon moves into that space. Scott Lanman of Bloomberg News speaks with Bloomberg reporter Spencer Soper and economist Laura Rosner of MacroPolicy Perspectives about Amazon's history of disrupting industries, and whether or not our current health care system could go the way of bookstores.
Jonathan Palmer, Bloomberg Intelligence Health-Care Analyst, and Spencer Soper, Bloomberg News Tech Reporter, discuss Amazon, Berkshire, and JPMorgan looking to form their own health care system. Ben Phillips, Chief Investment Officer at EventShares, talks about the impact the State of the Union address may have on infrastructure investing. Doug Peebles, Chief Investment Officer of Fixed-Income at AllianceBernstein, looks at Fed and ECB policies. We Drive to the Close with Bill Smead, CEO at Smead Capital Management. And Carol and Cory hit today’s “Movers and Shakers” while Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.”
Jonathan Palmer, Bloomberg Intelligence Health-Care Analyst, and Spencer Soper, Bloomberg News Tech Reporter, discuss Amazon, Berkshire, and JPMorgan looking to form their own health care system. Ben Phillips, Chief Investment Officer at EventShares, talks about the impact the State of the Union address may have on infrastructure investing. Doug Peebles, Chief Investment Officer of Fixed-Income at AllianceBernstein, looks at Fed and ECB policies. We Drive to the Close with Bill Smead, CEO at Smead Capital Management. And Carol and Cory hit today's “Movers and Shakers” while Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Guests: Bloomberg’s Shira Ovide, Gadfly technology columnist, and Spencer Soper, technology and e-commerce reporter, on Amazon’s new headquarters location and advertising future, and Apple’s tax bill and $30 billion capex and jobs plan.Jacques Gordon, Global Head of Research & Strategy for LaSalle Investment Management, on how a renegotiation of the North American Free Trade Agreement (NAFTA) will impact the economy and commercial real estate.Bob DiMella, co-head of MacKay Municipal Managers, on munis and tax reform buying opportunities, and their "Top 5 Muni Insights."George Ferguson, Senior Aerospace, Defense & Airlines Analyst, on Airbus getting a $16 billion lifeline order from Emirates.
Spencer Soper, Bloomberg News Tech Reporter, and Bob O'Donnell, President at Technalysis, discuss Amazon narrowing the list of candidates for their HQ2 home. Bloomberg Stocks Editor Dave Wilson has his “Chart of the Day” on room to rebound for commodities. Matt Townsend, Bloomberg News Global Business Reporter, explains why sales of Stars Wars toys are falling. We Drive to the Close with Margie Patel, Senior Portfolio Manager at Wells Fargo Asset Management. And Carol and Pimm Fox hit today’s “Movers and Shakers” on Wall Street and Dave Wilson features the “Stock of the Day.”
Spencer Soper, Bloomberg News Tech Reporter, and Bob O'Donnell, President at Technalysis, discuss Amazon narrowing the list of candidates for their HQ2 home. Bloomberg Stocks Editor Dave Wilson has his “Chart of the Day” on room to rebound for commodities. Matt Townsend, Bloomberg News Global Business Reporter, explains why sales of Stars Wars toys are falling. We Drive to the Close with Margie Patel, Senior Portfolio Manager at Wells Fargo Asset Management. And Carol and Pimm Fox hit today's “Movers and Shakers” on Wall Street and Dave Wilson features the “Stock of the Day.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Melissa Reagen, Head of Research Americas at TH Real Estate, discusses Amazon's impact on commercial real estate. General Mastin Robeson, Geopolitical Intelligence Advisor at Academy Securities, talks about the nationwide protests in Iran. Spencer Soper, Bloomberg News Ecommerce Reporter, explains why Amazon may have interest in Target. We drive to the Close with Bill Stone, Chief Investment Strategist at PNC Asset Management. And Carol and Pimm Fox hit today's “Movers and Shakers” on Wall Street and Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Melissa Reagen, Head of Research Americas at TH Real Estate, discusses Amazon’s impact on commercial real estate. General Mastin Robeson, Geopolitical Intelligence Advisor at Academy Securities, talks about the nationwide protests in Iran. Spencer Soper, Bloomberg News Ecommerce Reporter, explains why Amazon may have interest in Target. We drive to the Close with Bill Stone, Chief Investment Strategist at PNC Asset Management. And Carol and Pimm Fox hit today’s “Movers and Shakers” on Wall Street and Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.”
Amazon Senior Vice President Interview starts at 20:45 and ends at 43.37 “It was the first time we were building a device, so we had a lot to learn. After that the team and as a company we got better each time. So our second Kindle was developed more quickly, and now as you know that team is launching Kindles and Fire TVs and Fire tablets and Echos and more every year.” News Amazon Key “Amazon will start delivering packages into the homes of Prime members” by Jason Del Rey at Recode - October 25, 2017 “Amazon Key Flaw Could Let Rogue Deliverymen Disable Your Camera” by Andy Greenberg at Wired - November 16, 2017 “Amazon's Hall of Spinning Knives” by David Gaughran at Let's Get Digital - October 20, 2017 “Alibaba Singles' Day Racks Up $1 Billion in Sales in 2 Minutes” at Bloomberg - November 10, 2017 “Amazon's Prime Day Generates Estimated $1 Billion in Sale” by Spencer Soper at Bloomberg - July 12, 2017 “Alibaba's Singles Day Sales Hit New Record of $25.3 Billion” by Tiffany Hsu at The New York Times - November 10, 2017 Jeff Bezos 1997 interview by Richard Wiggins (YouTube) Amazon's Black Friday deals Tech Tips All-New Kindle Oasis My video review of the new Kindle Oasis Fawlty Towers Echo Show Garmin Speak Interview with Steve Kessel “Amazon SVP Steve Kessel returns from sabbatical to work on ‘super secret' project” by Tricia Duryee at GeekWire - February 4, 2015 “Meet the Guy Behind Amazon's Secret Retail Store Plans” by Jason del Rey - February 3, 2016 Harry Bingham on TKC 469 - July, 2017 X-Ray for Authors Killers of the Flower Moon: The Osage Murders and the Birth of the FBI by David Grann Best Books of 2017 selected by Amazon Books editors “Amazon just revealed the most popular Kindle books of all time” by MJ Franklin at Mashable - November 14, 2017 Content A Look Back at Kindle Bestsellers Next Week's Guest Gabriella Page-Fort, editorial director for AmazonCrossing Music for my podcast is from an original Thelonius Monk composition named "Well, You Needn't." This version is "Ra-Monk" by Eval Manigat on the "Variations in Time: A Jazz Perspective" CD by Public Transit Recording" CD. Please Join the Kindle Chronicles group at Goodreads!
Author of Point and Shoot Nature Photography Interview starts at 10:55 and ends at 40:30 “Each of us sees the beauty around us and the meaning and the pathos and the feeling that happens around us. And the more we share it one person to another, the more we realize we're really all the same. We really share an experience of life on the earth that is not just mine or yours but that belongs to us all.” News “Europe has ordered Amazon to pay nearly $300 million in back taxes” by Jason Del Rey and Tony Romm at recode - October 4, 2017 “Amazon is Testing Its Own Delivery Service to Rival FedEx and UPS” by Spencer Soper at Bloomberg - October 5, 2017 The Everything Store by Brad Stone Big savings on Kindles Tech Tip “Echo devices can now call US, Canada, and Mexico numbers for free--No extra hardware necessary” at AFTnews - September 30, 2017 Interview with Stephen Ingraham Point and Shoot Nature Photography by Stephen Ingraham Pic for Today by Stephen Ingraham Point and Shoot Nature Photographer blog Zeiss Kindle and Print publish options at Kindle Direct Publishing Stephen Ingraham on Google Plus, Instagram, and Twitter Content “Why Jeff Bezos was ecstatic over today's Nobel Prize announcement” by Tom Teodorczuk at MarketWatch - October 5, 2017 The Remains of the Day by Kazuo Ishiguro “Amazon support forums to shut down. Big mistake! Write Jeff.”law by David Rothman Dedication This episode of the show is dedicated to my uncle, Bert Tighe, who passed away on October 5, 2017, at the age of 92. Music for my podcast is from an original Thelonius Monk composition named "Well, You Needn't." This version is "Ra-Monk" by Eval Manigat on the "Variations in Time: A Jazz Perspective" CD by Public Transit Recording" CD. Please Join the Kindle Chronicles group at Goodreads!
Vice President, Amazon Books stores Interview starts at 10:48 and ends at 42:54 “We would like people who want physical books to walk out with a book, but if you walk out of our store, and you found three things to put on your wish list and two books that you want to buy for your Kindle, then we're very, very happy.” Intro Agents of Change conference in Portland, Maine September 15, 2017 hosted by Rich Brooks, founder of Flyte New Media News “Dear Amazon, We Picked Your New Headquarters for You” by Emily Badger, Quoctrung Bui and Claire Cain Miller at The New York Times - September 9, 2017 “Amazon Weighs Boston in Search for Second Headquarters” by Spencer Soper at Bloomberg - September 12, 2017 “Amazon Music Focusing on Alexa, Echo to Stand Out Amid Streaming Competition” by Andrew Wallenstein at Variety - September 7, 2017 “Amazon's ‘1-Click' patent expires today…” by Monica Nickelsburg at GeekWire - September 11, 2017 “Amazon's 1-Click Patent is About to Expire. What's the Big Deal?” By Julia Dewitt at NPR - September 6, 2017 Tech Tip Setting up an Echo Show remotely for my sister Interview with Jennifer Cast “Amazon's new Belleview bookstore shows brick-and-mortar ramp-up” by Ángel Gonzáles Beneath a Scarlet Sky: A Novel by Mark Sullivan Outro Apple Keynote including demo of Apple Watch Series 3 (at 32:20) Next Week's Guest Jillian Vorce, author of 20/20 Mind Sight: Refocus, Reignite & Reinvent Your Life from the Inside Out Music for my podcast is from an original Thelonius Monk composition named "Well, You Needn't." This version is "Ra-Monk" by Eval Manigat on the "Variations in Time: A Jazz Perspective" CD by Public Transit Recording" CD. Please Join the Kindle Chronicles group at Goodreads!
When Amazon opened a warehouse in the Minneapolis suburb of Shakopee last year, a thousand people got new jobs. In return, Amazon got millions of dollars in tax breaks. This week, Spencer Soper visits Shakopee to examine the impact the e-commerce giant has had on the area's residents and businesses. For Shakopee, was it worth the investment? And what happens when cities and states across the country compete against each other to lure big corporations like Amazon, with increasingly bigger subsidies? Spencer and Aki hear from people on both sides as a national debate intensifies over how to create more American jobs.
(Bloomberg) -- Now that the holidays are approaching, chances are you'll be doing at least some of your gift shopping on Amazon.com. But before you click "buy" on the first favorably-reviewed item you find, take a minute to learn about how you can avoid getting duped by the site's fake reviews and phony products. This week, Bloomberg Technology's Brad Stone and Spencer Soper report on the extreme tactics some vendors are using to get an edge on the competition, and what Amazon is doing to crack down on those people who are gaming the system. As we do more of our shopping on the internet, the stakes are only getting higher.