ZH: Did Amazon buy iRobot to map inside your home?
ZERO HEDGE writes: Amazon.com Inc.’s $1.7 billion acquisition of robot vacuum cleaner company iRobot Corp. is ...
Wonderful investigation by The Atlantic on the bittersweet effect of Amazon investing in communities blighted by poverty and unemployment. Labour is cheap and plentiful, and local governments typically do all they can to accommodate the e-commerce giant in the belief that jobs and investment from Amazon would simultaneously drive further demand from other companies, as well as stimulate the local economy. But it doesn’t always work out like that: “For many places, the choice is not between Amazon or another, better employer. The choice, instead, is Amazon or nothing.”
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M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
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