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How tech won the pandemic and now may never lose

How tech won the pandemic and now may never lose
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By David Streitfeld
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In April 2020, with 2000 Americans dying every day of COVID-19, Jeff Bezos, Amazon’s chief executive and the world’s richest man, announced he was focusing on people rather than profits. Amazon would spend about $US4 billion ($5.5 billion) in the next few months “providing for customers and protecting employees,” he said, wiping out the profit the retailer would have made without the virus.
It was a typically bold Amazon announcement, a shrewd public relations move to sacrifice financial gain at a moment of misery and fear. Bezos said this was “the hardest time we’ve ever faced” and suggested the new approach would extend indefinitely. “If you’re a share owner in Amazon,” he advised, “you may want to take a seat.” ....

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How tech won the pandemic and now may never lose

David Streitfeld, The New York Times
Published: 25 Jul 2021 11:05 AM BdST
Updated: 25 Jul 2021 11:05 AM BdST
As the world reeled, tech titans supplied the tools that made life and work possible. Now the companies are awash in money and questions about what it means to win amid so much loss. (Nicolas Ortega/The New York Times)
In April 2020, with 2,000 Americans dying every day of COVID-19, Jeff Bezos, Amazon’s chief executive and the world’s richest man, announced he was focusing on people rather than profits. Amazon would spend about $4 billion in the next few months “providing for customers and protecting employees,” he said, wiping out the profit the retailer would have made without the virus. ....

New York , United States , White House , District Of Columbia , New Mexico , Viet Shelton , Jonathan Welburn , Jonathan Kanter , Stacy Mitchell , Noah Smith , Henry Ellenbogen , Joe Biden , Arvind Krishna , Marc Andreessen , Glenn Kelman , Dan Schulman , Lina Khan , Jeremy Wacksman , York Times Company , Rand Corp , Justice Department , House Judiciary Committee , Institute For Local Self , Silicon Valley , President Joe Biden , Big Tech ,

How tech won the pandemic and now may never lose

How tech won the pandemic and now may never lose
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Last Updated: Jul 24, 2021, 10:15 AM IST
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Synopsis
After stepping aside as chief executive early this month, Bezos flew to suborbital space for 10 minutes this week. Upon returning, he expressed gratitude to those who had fulfilled this lifelong dream. “I want to thank every Amazon employee and every Amazon customer, ’cause you guys paid for all this,” he said.
Reuters
In April 2020, with 2,000 Americans dying every day of COVID-19, Jeff Bezos, Amazon’s chief executive and the world’s richest man, announced he was focusing on people rather than profits. Amazon would spend about $4 billion in the next few months “providing for customers and protecting employees,” he said, wiping out the profit the retailer would have made without the virus. ....

New York , United States , White House , District Of Columbia , New Mexico , Viet Shelton , Jonathan Welburn , Jonathan Kanter , Stacy Mitchell , Jeff Bezos , Noah Smith , Henry Ellenbogen , Joe Biden , Arvind Krishna , Marc Andreessen , Glenn Kelman , Dan Schulman , Lina Khan , Jeremy Wacksman , Rand Corp , Justice Department , House Judiciary Committee , Institute For Local Self , Silicon Valley , President Joe Biden , Big Tech ,

Zillow and Trulia hit with antitrust suit claiming they've made it harder to find some listings

Business
Zillow and Trulia hit with antitrust suit claiming they’ve made it harder to find some listings
Portland, OR, USA - Mar 7, 2021: A man searches for a single family home in the Bay Area from the Zillow website on his laptop at home. The U.S. is seeing the greatest housing price surge since 2006.
by: By Anna Bahney, CNN
Posted:
Mar 10, 2021 / 06:52 PM EST
(CNN) A seemingly small change to Zillow and Trulia’s websites in January has changed the way homebuyers see available homes for sale. And that has a smaller player in the industry suing the real estate giants, along with the National Association of Realtors, for antitrust practices. ....

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Zillow faces antitrust suit over change to real estate listings

POLITICO
Zillow faces antitrust suit over change to real estate listings
Zillow and its affiliate Trulia are illegally favoring listings by brokers who belong to the National Association of Realtors, a real estate startup alleges.
A for sale sign stands in front of a house in Massachusetts. | Steven Senne/AP Photo
Updated:
Link Copied
in federal court
violates
antitrust law by deceptively steering customers to home listing from a subset of agents.
In the suit filed in U.S. federal court in Seattle, Rex alleges that Zillow and its affiliate Trulia are illegally favoring listings by brokers who belong to the National Association of Realtors, the most prominent U.S. real estate trade association. Home listings by non-NAR agents are now relegated to a “hidden tab” on the websites, the startup says. ....

United States , Viet Shelton , Listing Services Internet Data Exchange , Justice Department , Multiple Listing Services Internet Data Exchange , ஒன்றுபட்டது மாநிலங்களில் , வியெட் தங்குமிடம் , பட்டியல் சேவைகள் இணையதளம் தகவல்கள் பரிமாற்றம் , நீதி துறை , பல பட்டியல் சேவைகள் இணையதளம் தகவல்கள் பரிமாற்றம் ,