Amazon to ship electronics in Brazil from third-party sellers

SAO PAULO (Reuters) – Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America’s largest economy.

The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon’s website in Brazil without involving the company in the tricky logistics that have hurt many online retailers in the country.

Alex Szapiro, Amazon’s country manager in Brazil, declined to say if there were plans for the company to stock its own electronics inventory or open a fulfillment center to ship third-party goods more efficiently, as it did simultaneously with the launch of independent sellers in Mexico two years ago.

“Each country has a different playbook,” said Szapiro in an interview with Reuters at Amazon headquarters in Sao Paulo. He helped launch the company’s Brazil business with e-books in 2012 after running operations for Apple Inc in the country for five years.

Shares of local e-commerce rivals MercadoLibre Inc, Magazine Luiza SA and B2W Cia Digital have fallen 14 percent, 17 percent and 20 percent, respectively, in the past week on concerns of heightened competition from Amazon.

Keeping pace with the local e-commerce market, Amazon will parcel purchases into as many as 10 monthly installments without interest, a practice the company started in Brazil for Kindle e-reader sales in 2014, then extended to Mexico and other markets.

Sellers will be paid up-front, minus a 10 percent commission to Amazon and fees of 19 reais ($ 6) per month or 2 reais per item. Szapiro called the 10 percent commission a “promotional” rate without saying when or how much it would eventually rise.

($ 1 = 3.16 reais)

Reporting by Brad Haynes; Editing by Lisa Shumaker

Tech

Starbucks' Schultz still not running for president, launches series on Amazon

LOS ANGELES (Reuters) – Starbucks Corp Chairman Howard Schultz on Tuesday will debut the second season of the coffee chain’s inspirational video series “Upstanders” on Amazon Prime, and the outspoken executive said he would not run for president, despite persistent speculation.

“I have no plans to run for office. I am very consistent on that,” said Schultz, who in April fueled talk he was preparing for a presidential run by resigning as Starbucks’ chief executive. Despite his repeated denials, the New York Times recently included Schultz in an opinion piece titled “Who Can Beat Trump in 2020?”

Schultz, a Democrat who has taken national stands on immigration, gun control and other controversial topics, said “Upstanders” was part of an effort to redefine the roles and responsibilities of public companies in U.S. society.

“One of those roles and responsibilities is to remind and reinforce the values of the country, and what better way to do that than to allow the American people to tell their story,” Schultz said in a phone interview on Monday.

The new season of “Upstanders” chronicles the journeys of everyday people who, among other things, have successfully reached across ideological divides to find consensus on divisive issues such as refugee resettlement, climate change to needle-exchange programs. Upstanders launched last year on the Starbucks app, which has 19 million active users, and the chain’s in-store wireless network.

In addition to Amazon.com’s Prime video streaming service, Upstanders Season 2 will be available on Facebook’s new Watch video platform, on Starbucks’ website at starbucks.com/upstanders and as a free audio book on Amazon’s Audible.com.

Rajiv Chandrasekaran, Starbucks’ executive producer on the project, said the mission behind “Upstanders” is simple.

”If these stories can lead people in other communities to say, ‘Hey, I can do that too,“ that will be mission accomplished for us,” Chandrasekaran, a former editor at the Washington Post, said during the interview.

Reporting by Lisa Baertlein in Los Angeles; Editing by Andrew Hay

Our Standards:The Thomson Reuters Trust Principles.

Tech

Ohio Governor John Kasich Talks CEOs, Amazon, and Education

The nation’s schools must do better train young people for high-paying jobs.

That’s according to Ohio Gov. John Kasich, who spoke Monday at Fortune‘s CEO Initiative conference in New York.

Kasich, a former 2016 Republican presidential nominee, said that companies should talk to education leaders and urge them to revamp their school curriculum to emphasize more on-the-job skills.

The governor said that he called the heads of several community colleges in Ohio and urged them to beef up on coursework related to cloud computing. That way, Ohio residents could be better ready for possible employment at Amazon’s (amzn) data centers that opened in the state in 2016.

When Amazon first announced it was building an Ohio data center in 2015 to power its Amazon Web Services business, it said at the time that it planned to hire 1,000 jobs “over the next few years.” The governor is hoping that the data centers will open the floodgates to other companies bringing high-tech jobs to the state, which suffered the loss of thousands of high-paid manufacturing jobs over the past few decades.

But it’s not all up to Ohio’s government to provide workers with skills, Kasich argued. To get the most qualified and skilled workforce, companies should spend money on constantly training their own employees. “It’s expensive, but it is in your interest,” he said.

Kasich also shared his thoughts on the following topics:

Being a CEO means making tough decisions:

Kasich said that CEO’s are faced with tough decisions about more issues than simply maximizing corporate profits. He cited the example of several business leaders resigning from President Donald Trump’s business advisory council after the president’s controversial comments about the Charlottesville, Va. white supremacist march as something “that took guts to do.”

Business leaders should hold politicians accountable:

Executives shouldn’t pay “lip service to these politicians,” Kasich said, and should instead play hardball with them more often. If a politician can’t get something done that an executive wants done, executives should tell them they are going to support another politician.

“Don’t be afraid,” Kasich said. “Tell them the truth and hold them accountable.”

Tech

Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop

MUMBAI (Reuters) – An affiliate of Amazon.com Inc has agreed to buy a 1.79 billion-rupee ($ 27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing.

Amazon.com NV Investment Holdings LLC, a foreign portfolio investor, will subscribe to about 4.4 million shares, equivalent to an about 5 percent stake, in the Indian retailer at 407.78 rupees apiece on a preferential basis, Shoppers Stop told the stock exchanges late on Saturday.

On Friday, Shoppers Stop shares had closed 3 percent lower at 418.10 rupees on the National Stock Exchange.

The Amazon affiliate will not take a board position, Shoppers Stop, which operates large department stores and other retail outlets, said in the filing.

Reporting by Devidutta Tripathy; Editing by Sam Holmes

Our Standards:The Thomson Reuters Trust Principles.

Tech

Amazon AWS: Dominating In Cloudcomputing, Data Analytics, Artificial Intelligence and IoT

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Amazon Cloud Unit Helps It Stay Profitable While Investing

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Amazon AWS, Microsoft Azure 'Destroying' Cisco, NetApp, Etc., Says Global Equities

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Amazon Committed to U.K. Data Center Opening Despite Brexit

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You Can Save $40 on an Amazon Echo Today, If You Don’t Mind Buying a Refurb

Haven’t you heard? The Amazon Echo is actually really great (and only getting better over time), and you can save $ 40 on yours if you buy it refurbished from Woot, an Amazon subsidiary.

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Amazon Simple Storage Service spurs on-premises storage

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Amazon reports dynamite earnings, fueled by robust growth in its cloud-computing unit

Sales at the company’s cloud-computing division, Amazon Web Services, rose 64 percent in the quarter to $ 2.56 billion, up from $ 1.57 billion a year …


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Dropbox quits Amazon cloud, takes back 500 PB of data

Dropbox moves 90% of its data off Amazon AWS, in favor of its own private cloud. Dropbox built its own, custom storage servers, to store half an exabyte or more, mirrored across three regions.

Sometimes, you get so big that public cloud pricing doesn’t make sense any longer. But building those servers from scratch and moving all that data sound like an enormous undertaking.

In IT Blogwatch, bloggers feel thirsty for a delicious ginger beer. [You’re fired -Ed.]

Your humble blogwatcher curated these bloggy bits for your entertainment.

To read this article in full or to leave a comment, please click here


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Amazon Cloud, Analytics Help Researchers Fight Famine

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Researchers in the US and China explore rice genomes with AWS analytics tools to develop drought and disease resistant crops.
InformationWeek: Cloud

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The $2.5 Trillion Photo: China’s President Xi Jinping Meets With Heads Of Apple, Amazon, And More

In the first official U.S. visit of China’s President Xi Jinping this week, nothing speaks louder than one single photo on China’s hopes for its high-tech diplomacy.


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Amazon Underground offers new business model for apps based on pay per usage

Amazon Underground app offers a new business model.

The Amazon Underground app for Android launched today with a new business model. The in-app items, which are usually available for purchase, are available for free in the games and apps available under the new app. Amazon will compensate the developers based on pay per usage.

If the new model takes off, it could provide an interesting path to revenues for companies that are struggling with micro-transactions in the free-to-play business model, where players can get a game or app for free and then pay for in-app items. Amazon said it is offering $ 10,000 worth of apps and items for free through the app.

 

VB’s research team is studying web-personalization… Chime in here, and we’ll share the results.



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