Is the brand or the department store the destination? Amazon, Shopify, Walmart, and Facebook

With the COVID-19 global lockdowns, 2020 looks to be a banner year for e-commerce. Pretty much since the dot-com bust, there’s been a slow but steady growth in e-commerce. In fact, it’s become such a staple that you regularly hear people discussing Amazon.com as if it’s a monopoly. But in reality, it not only isn’t … Continue reading “Is the brand or the department store the destination? Amazon, Shopify, Walmart, and Facebook”

Hedge Funds and New Hong Kong

As I discussed last week, China’s proposed security law for Hong Kong would be a major blow. Follow-on discussions of potential results of the implementation of such a law really span quite a bit of ground. On the “very likely” side of things, Hong Kong is currently home to over 400 hedge funds, managing north … Continue reading “Hedge Funds and New Hong Kong”

Amazon and self-driving cars?

For a few years now, pretty much every big tech company has been doing something in the self-driving car space, and Amazon isn’t new to this (at the 2018 Consumer Electronics Show, they announced a partnership with Toyota), but their participation might be the least clear. Tesla, of course, makes sense. Alphabet (Google’s parent) has … Continue reading “Amazon and self-driving cars?”

Preliminary results from Finland’s basic income experiment … social “science” is hard

Finland is conducting an experiment where they took a random sample of young-and-unemployed and long-term-unemployed people (2,000 in total) and provided them a small, basic income, not tied to their social benefits (i.e., if they got a low wage job, the wages would not count against their basic support, as most such current systems do). … Continue reading “Preliminary results from Finland’s basic income experiment … social “science” is hard”

Zoom acquires Keybase (or, why companies buy companies)

There was an interesting Quora question recently, about why companies sometimes buy other companies, only to “shut them down”. Zoom just acquired Keybase (a startup, launched in 2014, to create a directory for public encryption keys). They performed such acquisition in order to solve their end-to-end encryption problem. These sound like different things. In fact, … Continue reading “Zoom acquires Keybase (or, why companies buy companies)”