This is what our economy has come to….billionaires in competition….itr has always been about profits but there seems to be something deeper than that there days.
Musk has Starlink and now Bezos has Project Kuiper which will be giving Starlink a run for its money….(it is hoped)
Amazon has launched its first Project Kuiper internet satellites, signaling its official arrival in the fast-expanding race to blanket the globe with broadband from space. The company launched its first batch of 27 Project Kuiper internet satellites into orbit Monday from Cape Canaveral Space Force Station, the AP reports. The satellites were carried by the United Launch Alliance’s Atlas V rocket. The launch marks Amazon’s entry into the satellite internet market, currently dominated by Elon Musk’s SpaceX and its more than 7,000 Starlink satellites. The Kuiper satellites will eventually reach an altitude of almost 400 miles.
Two test satellites for Project Kuiper were launched in 2023, also using an Atlas V rocket. Project officials said the newest satellites have major upgrades over the previous test models. Each satellite is coated with a mirror film designed to scatter reflected sunlight to address concerns from astronomers about night sky visibility. Stargazers and astronomers have criticized the increase in low-orbiting satellites, arguing they interfere with observations and may increase the risk of satellite collisions. The European-based OneWeb satellite constellation also has hundreds of satellites, but they operate at a higher orbit.
Amazon, founded by Jeff Bezos, plans to launch more than 3,200 Kuiper satellites with an aim of delivering fast and affordable broadband internet globally. Bezos now also runs Blue Origin, another private rocket company. Amazon has purchased dozens of launches from both United Launch Alliance and Blue Origin, as well as other providers, to further deploy Kuiper satellites. The Verge recently reported that Project Kuiper is behind schedule; its FCC license requires it to have launched 1,600 satellites into orbit by next summer. Bloomberg reports the company has been struggling to increase satellite production at the rate it needs to.
It is all about the multi-billion dollar government projects….mo money, mo money….
As long as I was writing about Bezos I read a report of something that Amazon was considering….
Earlier this month, economic effects from the Trump administration’s tariffs blitz hadn’t yet made their way to Amazon, though that’s been changing in recent days as vendors have started to raise their prices, stating that keeping their costs to consumers the same amid the trade war is “unsustainable,” per CNBC. Now, the online giant is apparently trying to separate itself somewhat from the rising price tags: A source tells Punchbowl News that Amazon will soon be posting how much the tariffs are adding to each product it sells—meaning next to the total price of the product will be, in black and white, the added fee for consumers to see for themselves.
That news comes at the same time that the Financial Times reports Amazon has been putting the squeeze on suppliers to keep costs stable for consumers, according to a trio of vendor consultants. “Amazon is the 800-pound gorilla in the room,” Scott Miller, a consultant and former Amazon vendor manager, tells the outlet. “Brands have grown dependent on the platform and have little choice.” In a statement, Amazon notes: “We’re working with our broad, varied range of valued selling partners in our store to support them in adapting to the developing environment while maintaining low prices for customers.”
Two consulting sources tell the FT that Amazon has nixed a bunch of orders from China and pivoted to scooping up merchandise from suppliers carrying American inventory. Third-party sellers on the site are starting to get spooked by the tariffs upheaval: Reuters reports that some who hawk China-made goods are cutting down on the deals they’d planned to offer for Amazon Prime Day, which takes place in July, or pulling out of Prime Day altogether. “Last year Prime Day was a no-brainer,” says Rick Sliter, CEO of a therapeutic-pillow company that last year saw Prime Day sales that exceeded a typical day’s sales by seven times. “But if tariffs continue, discounting gets thrown out the window.”
I believe this is damn good idea….let people see just how much all these stupid tariffs is costing them in their purchases….
Just when I was giving Bezos a good pat on the back disappointing news breaks….
The Trump administration is taking none too kindly to reports that Amazon might slap labels on their imported wares letting consumers know how much tariffs affected the price. “I just got off the phone with the president about … Amazon’s announcement. This is a hostile and political act by Amazon,” White House press secretary Karoline Leavitt said Tuesday, Politico reports. The honeymoon between President Trump and Amazon founder Jeff Bezos could be cooling in light of the report, with Leavitt holding up a printout of a 2021 story about Amazon’s ties with China with Bezos’ photo featured prominently. It’s “another reason why Americans should buy American,” Leavitt said.
Leavitt questioned why Amazon didn’t enact similar labeling “when the Biden administration hiked inflation to the highest level in 40 years,” per the Independent, which notes independent retailers that depend on imports account for some 60% of the behemoth’s sales. Amazon, however, is quickly distancing itself from the initial Punchbowl report. In a statement to USA Today, Amazon spokeswoman Rachael Lighty ruled out the new label: “The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products,” she said. But “this was never approved and is not going to happen.”
So one of the world’s richest men caves to the likes of Little Donny…..that is a gutless move….and just when I thought there was integrity left in these social parasites….what did he say to Bezos to scare him off?
Any takes on these subjects?
I Read, I Write, You Know
“lego ergo scribo”