Amazon ships more U.S. smart home devices than any other company and says Alexa is now compatible with 140,000 devices, far beyond the Echo and Fire TV. But privacy advocates are concerned by all the data these devices collect, and are calling on the Federal Trade Commission to block Amazon’s latest smart home expansion.
Chapters:1:41 First to market 4:27 Acquiring iRobot 7:41 How it uses the data 9:45 Privacy concerns 11:33 Ambient home of the future
After acquiring video doorbell maker Ring in 2018 and mesh WiFi system Eero a year later, Amazon’s now looking to buy Roomba smart vacuum maker iRobot. In a rare move, the FTC is asking for more information before approving the $1.7 billion deal. Ahead of Amazon’s annual smart home event, we talked to Amazon’s VP of privacy to find out what really happens to all the data collected by its devices – and sat down with the head of smart home to hear the strategy behind Amazon’s race to dominate the internet of things.
Most of the world’s açaí comes from the Amazon rainforest. People risk their lives to harvest the fruit, climbing palm trees that can grow taller than 50 feet. And while açaí has become one of the trendiest superfoods in recent decades, small farmers aren’t seeing a lot of the profits. The açaí industry has also taken heat over reports of child labor. We went to Brazil to find out how the world’s açaí gets from the Amazon to smoothie shops around the world.
The açaí palm, Euterpe oleracea, is a species of palm tree cultivated for its fruit, hearts of palm, leaves, and trunk wood. Global demand for the fruit has expanded rapidly in the 21st century, and the tree is cultivated for that purpose primarily
A record number of online returns has created a booming $644 billion liquidation market. As supply chain backlogs cause shortages of new goods and Gen Z shoppers demand more sustainable retail options, pain points for one sector of retail are big business for another. The nation’s only major public liquidator, Liquidity Services, resells unclaimed mail, items left at TSA checkpoints, and outdated military vehicles. It also refurbishes highly sought after electronics, from noise-canceling headphones to the machines that make microchips.
CNBC takes you on an exclusive tour inside a Liquidity Services returns warehouse outside Dallas, Texas, where unwanted goods from Amazon and Target are stacked to the ceiling before being resold on Liquidation.com or a variety of other marketplaces. Inside Liquidity Services’ 130,000-square-foot warehouse in Garland, Texas, the aisles aren’t lined with typical merchandise. Instead, they’re stacked with returns from Amazon, Target, Sony, Home Depot, Wayfair and more, all in the process of being liquidated.
Amazon is on a spending spree to grow its fleet of planes, vans, semitrucks and drivers in its latest move to compete with FedEx and UPS. Now, it’s using the added capacity to move cargo for outside customers, betting big on the business of third-party shipping while also shipping 72% of its own packages. CNBC talks to former Amazon executives and current customers using the shipping services to find out all about the behemoth’s next big move.
Inside the company’s automated warehouse in China Chinese e-commerce giant Alibaba is challenging Amazon by promising fast deliveries from China to anywhere in the world. WSJ visits Alibaba’s largest automated warehouse to see how robots and a vast logistics network are helping it expand globally. Composite: Clément Bürge