article thumbnail

Amazon’s carbon footprint grew 15% in 2019, highlighting the challenge of net zero emissions

GeekWire

Amazon has pledged to make its retail and cloud-computing operations “net carbon zero” by 2040, but its newly released 2019 sustainability report shows that greenhouse gas emissions rose over the previous year by 15%. (Jordan Stead / Amazon Photo).

.Net 126
article thumbnail

Jeff Bezos to hand over Amazon CEO role to Andy Jassy on July 5, anniversary of company’s creation

GeekWire

Amazon’s record 2020 results of $386 billion in net sales and $23 billion in operating profits, as noted in a presentation by Brian Olsavsky, chief financial officer, were almost an afterthought. In contrast, there are many successful, small, fast growing retailers that are doing incredibly well selling online. Where are they?

Retail 144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon renewable power leader on AI’s energy strain, a political dust-up in Oregon, and more

GeekWire

As the retail, cloud and entertainment giant strives to reach net zero carbon emissions by 2040, most of its carbon cuts so far have come from its shift to renewables. The partnership allows Bell to feed the sheep, improves the soil health, prevents the vegetation from growing over the solar panels, and provides shade for the herd.

Energy 84
article thumbnail

I just earned (and sold) my first Starbucks NFT: How it works, how much I made, and what I learned

GeekWire

The stamp went for $89 on the Nifty Gateway NFT marketplace, netting me about $79 after fees — just about enough to cover the gift card and coffee that I’ve purchased on a different Starbucks Odyssey journey. The retail technology integration is also impressive. Then I sold it.

article thumbnail

Rivian’s mega IPO is a good test of the meme stock craze

The Verge

The company’s IPO, which will net $12 billion on an $80 billion valuation, is proving to be an immensely attractive stock and is already drawing comparisons to other historic public offerings like Facebook. Don’t get me wrong. Meanwhile, Tesla has regained the value it lost after Musk’s tweet, and then some.

Company 69
article thumbnail

Data mining for B2B churn and loyalty management in India and South Asia

TM Forum

Whereas postpaid customers may be characterized by their affordability, high propensity to call ‘on-net’, i.e., to their family or friends from within their network of provider, a rich residential location, etc. Preparing meaningful clusters is like preparing derived attributes.

B2B 130
article thumbnail

Rivian goes public in one of the biggest IPOs ever

The Verge

That gave Rivian an overall valuation of nearly $80 billion and helped it net $12 billion in fresh cash, despite the fact that it only just recently started to make and ship its first electric pickup trucks. Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history.