Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers

Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push.  Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. This has involved fundamentally altering […]

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FAANG Stocks Lose Over $1 Trillion – More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have together shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, […]

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Bank of America: ‘Blockchain Could be a $7 Billion Market’

New estimates from Bank of America indicate that the global blockchain market could eventually hit $7 billion. Even though the analysis didn’t provide an actual timestamp, it outlined that marquee companies like Microsoft and Amazon can benefit greatly from the emerging technology and its widespread adoption.  Blockchain is a ‘Multi-Billion Dollar Opportunity’ According to a […]

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Warren Buffett: Buying Bitcoin ‘Is Not Investing’

Adam James · April 29, 2018 · 1:00 pm Warren Buffett continues to remain notoriously bearish on Bitcoin, claiming those who participate in the market are not investing. ‘That Is Not Investing’ In an exclusive interview with Yahoo Finance in Omaha, Nebraska, leading up to Berkshire Hathaway’s annual shareholder meeting, Buffett revealed that his thinking […]

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Amazon May Soon Accept Bitcoin (And Sell the Data to Law Enforcement)

Adam James · April 19, 2018 · 2:30 am Amazon Technologies, Inc. – a subsidiary of American electronic commerce and cloud computing giant Amazon.com, Inc. – has won a patent for a marketplace that offers data feeds. More important, the patented marketplace includes bitcoin transactions. Patent Approved The U.S. Patent and Trademark Office has approved […]

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